Society Of Plastics Engineers
- Assets
- $1.1m
- Revenue
- $269.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Verona, KY
- Founding
- 05/1945
- Data as of
- 06/2023
- 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 06/2023, Society Of Plastics Engineers generated $269.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 37.1% each year . All expenses for the organization totaled $327.0k during the year ending 06/2023. While expenses have increased by 41.0% per year over the past 3 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
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 |
|---|---|---|---|
Matthew Billiter Director 2023 | Trustee | 2 | $0 |
Breeze Briggs Director 2023 | Trustee | 2 | $0 |
Karen Carlson Director 2023 | Trustee | 2 | $0 |
Jeff Drusda Director 2023 | Trustee | 2 | $0 |
Steve Esker Director 2023 | Trustee | 2 | $0 |
Christine Gehres Director 2023 | Trustee | 2 | $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 | $267,195 |
| Investment income | $1,657 |
| 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 | $269,067 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $37,315 |
| Grants and other assistance to domestic individuals. | $29,500 |
| 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 | $9,418 |
| Office expenses | $6,460 |
| Information technology | $705 |
| 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 | $243,639 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $327,037 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,500 |
| Savings and temporary cash investments | $5,618 |
| 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 | $1,070,762 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,078,880 |
| 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 | $978,880 |
| Total liabilities and net assets/fund balances | $1,078,880 |