Society Of Plastics Engineers
- Assets
- $948.2k
- Revenue
- $214.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Verona, KY
- Founding
- 05/1945
- Data as of
- 06/2022
- EIN
- 23-2004432
Organization Overview
Society Of Plastics Engineers is located in Verona, KY. The organization was established in 1945. According to its NTEE Classification (U42) the organization is classified as: Engineering, under the broad grouping of Science & Technology and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Society Of Plastics Engineers is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Society Of Plastics Engineers generated $214.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $287.2k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE EDUCATIONAL AND TECHNICAL PROGRAMS FOR THE COLORING OF PLASTICS INDUSTRY. THIS INCLUDES RUNNING TECHNICAL CONFERENCES, SUPPORTING LOCAL UNIVERSITIES AND PROVIDING SCHOLARSHIPS FOR STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL COLOR & APPEARANCE DIVISION TECHNICAL CONFERENCES (ANTEC & CAD RETEC). ATTENDED BY APPROXIMATELY 500 PEOPLE
COLOR & APPEARANCE DIVISION NEWSLETTER AND WEBSITE. THREE PUBLISHED ISSUES/YEAR AND SENT TO 1000+ PEOPLE; WEBSITE HAS THOUSANDS OF HITS.
EDUCATION COMMITTEE PROGRAMS: (1) SPE STUDENT SUPPORT & SCHOLARSHIPS AWARDED BY THE COLOR & APPEARANCE DIVISION; (2) SPE EDUCATION SUPPORT OF THE PLASTIVAN PROGRAM TO REACH ELEMENTARY AND HIGH SCHOOL STUDENTS; (3) OFFERING ARCHIVE CONFERENCE TECHNICAL PAPERS ON DVD AS AN EDUCATIONAL RESOURCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alex Prosapio Finance Chair | OfficerTrustee | 3 | $0 |
Mark Tyler Chairman | OfficerTrustee | 4 | $0 |
Mercedes Landazuri Councilor | OfficerTrustee | 4 | $0 |
Mark Freshwater Immediate Past Chair | OfficerTrustee | 3 | $0 |
George Iannuzzi Secretary | OfficerTrustee | 4 | $0 |
Mike Willis Chair-Elect | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $213,075 |
| Investment income | $1,275 |
| 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 | $214,350 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $35,000 |
| Grants and other assistance to domestic individuals. | $23,500 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,238 |
| Office expenses | $6,681 |
| Information technology | $11,266 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $203,534 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $287,219 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,000 |
| Savings and temporary cash investments | $15,617 |
| 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 | $927,614 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $948,231 |
| 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 | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $100,000 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $848,231 |
| Total liabilities and net assets/fund balances | $948,231 |
Endowment Analysis
| Beg. Balance | $727,306 |
| Earnings | $354,143 |
| Grants | $12,283 |
| Ending Balance | $1,069,166 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Engineering Consulting Services Ltd Employee Benefit Plan Chantilly, VA | $4,513,025 | $18,551,401 |
Korean-American Scientists And Engineers Association Inc Vienna, VA | $6,537,629 | $2,065,425 |
Construction Management Association Of America Inc Vienna, VA | $4,152,248 | $4,606,316 |
Memphis Construction Benefit Fund Goodlettsville, TN | $6,890,187 | $3,000,940 |
Midwest Coalition Of Labor Credit Union Countryside, IL | $73,344,318 | $3,088,502 |
American Society Of Plumbing Engineers Rosemont, IL | $3,811,463 | $2,740,392 |
American Society For Concrete Construction St Louis, MO | $1,403,321 | $1,660,151 |
National Council Of Structural Engineers Associations Inc Chicago, IL | $1,329,006 | $1,648,844 |
Metal Construction Association Inc Chicago, IL | $2,390,316 | $1,785,067 |
Passive House Institute Us Inc Chicago, IL | $1,090,576 | $1,428,195 |
American Society Of Naval Engineers Alexandria, VA | $2,368,280 | $1,106,089 |
Allied Construction Industries Cincinnati, OH | $2,335,057 | $1,569,492 |