Professional Service Association Inc
- Assets
- $287.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marengo, IA
- Founding
- 03/1995
- Data as of
- 12/2021
- EIN
- 22-3005075
Organization Overview
Professional Service Association Inc is located in Marengo, IA. The organization was established in 1995. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Professional Service Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Professional Service Association Inc generated $171.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $142.3k during the year ending 12/2021. While expenses have increased by 5.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE PROFESSIONAL SERVICE ASSOCIATION PURPOSE IS TO BE THE VOICE OF INDEPENDENT SERVICE PROVIDERS AND TO ASSESS AND IDENTIFY INDUSTRY RELATED PROBLEMS AND PROVIDE SOLUTIONS. THE ASSOCIATION PROVIDES EDUCATIONAL TRAINING, CERTIFICATION, BUSINESS MANAGEMENT TRAINING, SUPPORT, AND FAIRNESS TO THE INDEPENDENT APPLIANCE SERVICE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Carney Executive Dir. | 40 | $53,810 | |
Mike Callahan President | 2 | $0 | |
Kathleen Dolomite Secretary | 2 | $0 | |
Jim Campbell Director | 2 | $0 | |
Carmine D'alessandro Vice President | 2 | $0 | |
Linda Knudsen Admin Vice Pres | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,800 |
| Total Program Service Revenue | $123,755 |
| Membership dues | $32,976 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $171,531 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $53,810 |
| Professional fees and other payments to independent contractors | $12,944 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,362 |
| Other expenses | $74,205 |
| Total expenses | $142,321 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $284,596 |
| Other assets | $0 |
| Total assets | $287,174 |
| Total liabilities | $74,801 |
| Net assets or fund balances | $212,373 |
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