International Society For Pharmaceutical Engineering Inc
- Assets
- $166.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Conshohocken, PA
- Founding
- 05/1983
- Data as of
- 12/2021
- EIN
- 23-2656185
Organization Overview
International Society For Pharmaceutical Engineering Inc is located in Conshohocken, PA. The organization was established in 1983. 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. International Society For Pharmaceutical Engineering 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, International Society For Pharmaceutical Engineering Inc generated $86.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.5%) each year. All expenses for the organization totaled $98.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.4%) per year over the past 7 years. 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 Mission:
Part 3 - Line 1
ISPE IS DEDICATED TO EDUCATING AND ADVANCING PHARMACEUTICAL MANUFACTURING PROFESSIONALS AND THEIR INDUSTRY. ISPE PROVIDES AN INVITING AND NEUTRAL ENVIRONMENT FOR EXPERTS, TECHNOLOGISTS, REGULATORS, CONSULTANTS, AND STUDENTS TO EXCHANGE IDEAS AND PRACTICAL EXPERIENCE.
Describe the Organization's Program Activity:
Part 3
ORGANIZED EDUCATIONAL MEETINGS AND SEMINARS IN 2019; ATTENDED BY APPROXIMATELY 705 INDUSTRY PARTICIPANTS. ISPE ALSO HOSTS A GOLF OUTING INTENDED TO PROMOTE INDUSTRY INTERACTION.
ISPE COORDINATES AN ANNUAL EXHIBITORS SYMPOSIUM SHOW. EXHIBITORS PAY FEES TO PARTICIPATE IN THE SHOW. THE 2019 EXHIBITORS SYMPOSIUM WAS ATTENDED BY 202 EXHIBITORS AND 418 ADDITIONAL INDUSTRY PARTICIPANTS.
CHARITABLE GRANTS TO ASSIST CONSTRUCTION OF HOMES FOR NEEDY INDIVIDUALS. ISPE ALSO DISTRIBUTES AWARDS TO HIGH SCHOOL AND COLLEGE STUDENTS TO ENCOURAGE ENTRY INTO THE PHARMACEUTICAL ENGINEERING FIELD THROUGH THE FUTURE CITY COMPETITION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brendan Bradley Executive Vice President | 6 | $0 | |
Marvin Royal President | 6 | $0 | |
Laura-Ann Chin Pe Treasurer | 7 | $0 | |
Dr Dennis Gross Secretary | 5 | $0 | |
Sawyer Romich VP Programs | 2 | $0 | |
Eleanor Small Past President | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $86,642 |
| Membership dues | $0 |
| Investment income | $52 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $86,694 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,179 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,349 |
| Other expenses | $92,131 |
| Total expenses | $98,659 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $145,888 |
| Other assets | $0 |
| Total assets | $166,613 |
| Total liabilities | $81,300 |
| Net assets or fund balances | $85,313 |
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