Ism Philadelphia Inc
- Assets
- $668.3k
- Revenue
- $49.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Bala Cynwyd, PA
- Founding
- 05/1937
- Data as of
- 08/2020
- EIN
- 23-0992469
Organization Overview
Ism Philadelphia Inc is located in Bala Cynwyd, PA. The organization was established in 1937. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ism Philadelphia 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 08/2020, Ism Philadelphia Inc generated $49.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (17.8%) each year. All expenses for the organization totaled $87.2k during the year ending 08/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
ISM IS A TRADE ASSOCIATION FOR PURCHASING MANAGERS. ISM S MISSION IS TO PROMOTE DIVERSITY THROUGHOUT THE SUPPLY CHAIN AND EDUCATE MOTIVATE AND PROVIDE LEADERSHIP TO ISM PHILADELPHIA MEMBER IN SUPPORT OF THE DIVERSITY AND BUSINESS DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BOARD OF DIRECTORS EXPENSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rene Polutan President | Officer | 1 | $0 |
Jim Moran Treasurer Secretary | Officer | 1 | $0 |
Erica Patterson 1st Vice President | Officer | 1 | $0 |
Frank Juhasz Director | Officer | 1 | $0 |
Ron Heere Immediate Past President | Officer | 1 | $0 |
Rachel Crusco Director | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $12,755 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,755 |
| Total Program Service Revenue | $3,720 |
| Investment income | $33,066 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $49,541 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $48,815 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,075 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $400 |
| Office expenses | $4,823 |
| Information technology | $452 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $99 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,484 |
| Interest | $0 |
| Payments to affiliates | $910 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,329 |
| All other expenses | $0 |
| Total functional expenses | $87,163 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $668,282 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $668,282 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $639,034 |
| Net assets with donor restrictions | $29,248 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $668,282 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ism Philadelphia Inc has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
The Herman And Jerry Finkelstein Foundation Philadelphia, PA PURPOSE: FOR UNRESTRICTED USE OF RECIPIENT | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Federation For Children Inc Columbia, MD | $4,734,302 | $8,920,295 |
Nj Assoc Of School Administrators Corp Trenton, NJ | $2,166,473 | $2,484,430 |
Consortium For Public Education Mckeesport, PA | $8,617,979 | $3,033,681 |
The Pittsburgh High Technology Council Pittsburgh, PA | $3,558,028 | $3,049,569 |
New York State Council Of School Superintendents Albany, NY | $5,077,642 | $3,046,665 |
Project Ready Newark, NJ | $545,292 | $2,709,148 |
Associated Builders And Contractors Inc East Syracuse, NY | $1,910,207 | $2,380,603 |
Maritime Exchange For The Delaware River And Bay Philadelphia, PA | $9,242,868 | $2,750,481 |
Fellowship Bmec Inc Philadelphia, PA | $3,935,912 | $4,831,352 |
Reading League Syracuse, NY | $2,958,965 | $2,169,026 |
Ohio Community Action Training Organization Columbus, OH | $761,652 | $1,900,982 |
New York State Restaurant Assn Inc Albany, NY | $6,584,499 | $1,643,871 |