American Council Of Engineering Compainies Of Tennessee Inc
- Assets
- $598.1k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 2
- Location
- Nashville, TN
- Founding
- 04/1973
- Data as of
- 06/2024
- EIN
- 23-7233598
Organization Overview
American Council Of Engineering Compainies Of Tennessee Inc is located in Nashville, TN. The organization was established in 1973. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. As of 06/2024, American Council Of Engineering Compainies Of Tennessee Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Council Of Engineering Compainies Of Tennessee 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 06/2024, American Council Of Engineering Compainies Of Tennessee Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $1.3m during the year ending 06/2024. While expenses have increased by 19.0% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE AMERICAN COUNCIL OF ENGINEERING COMPANIES OF TENNESSEE PROVIDES LEADERSHIP ON THE BUSINESS ISSUES AFFECTING MEMBER COMPANIES CONSISTENT WITH THE FUNDAMENTAL CANONS OF OUR PROFESSIONAL PRACTICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC RELATIONS - ACEC OF TN PROMOTED THE INTERESTS OF ENGINEERS THROUGH A PUBLIC RELATIONS PROGRAM DESIGNED TO EDUCATE THE PUBLIC AND LOCAL, STATE, AND FEDERAL OFFICIALS ON ISSUES RELATED TO ENGINEERING BY DISTRIBUTION OF NEWS RELEASES ON ACTIVITIES OF THE ASSOCIATION AND PRODUCTION AND DISTRIBUTION OF 10 NEWSLETTERS; A MONTHLY ELECTRONIC NEWSLETTER WAS ALSO DISTRIBUTED TO MEMBERS ON TIMELY TOPICS.
PROMOTION OF THE PRACTICE OF ENGINEERING - ACEC OF TN RECOGNIZED ENGINEERING EXCELLENCE IN A PROGRAM WHICH INCLUDED ENTRIES BY MEMBERS AND NON-MEMBERS. THE ENTRIES WERE JUDGED BY A PANEL OF INDEPENDENT JUDGES; RECOGNITION OF THE WINNERS WAS ANNOUNCED AT A BANQUET.
PROMOTION OF PUBLIC WELFARE - ACEC OF TN SPONSORED ENGINEERS DAY ON THE HILL, WHICH WAS ATTENDED BY ABOUT 40 MEMBERS. THE PURPOSE OF THIS EVENT WAS TO EDUCATE MEMBERS OF THE TN GENERAL ASSEMBLY ON THE IMPACT OF PROPOSED LEGISLATION ON THE PUBLIC HEALTH, SAFETY AND WELFARE. IN ADDITION, THE EXECUTIVE DIRECTOR MONITORED AND LOBBIED THE STATE LEGISLATORS ON THESE ISSUES THROUGHOUT THE LEGISLATIVE SESSION. THE EXECUTIVE DIRECTOR ALSO ATTENDED AND PARTICIPATED IN MEETINGS OF THE TENNESSEE STATE BOARD OF ARCHITECTURAL AND ENGINEERING EXAMINERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kasey Anderson Executive Director | OfficerTrustee | 40 | $194,500 |
Ryan Henley Chapter President | Trustee | 2 | $0 |
Scott Mcdonald Chapter President | Trustee | 2 | $0 |
Mark Harrison Director At Large | Trustee | 2 | $0 |
Jeff Old President Elect | Trustee | 3 | $0 |
Andrew Johnson Chapter President | 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 | $1,198,301 |
| Investment income | $12,113 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,304 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,213,933 |
| 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. | $194,500 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $213,248 |
| Pension plan accruals and contributions | $9,300 |
| Other employee benefits | $18,841 |
| Payroll taxes | $21,962 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,860 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $10,635 |
| Information technology | $28,299 |
| Royalties | $0 |
| Occupancy | $17,026 |
| Travel | $55,091 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $576,524 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,252 |
| Insurance | $4,084 |
| All other expenses | $12,666 |
| Total functional expenses | $1,301,460 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,401 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $49,127 |
| 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 | $434,873 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $57,649 |
| Total assets | $598,050 |
| Accounts payable and accrued expenses | $24,944 |
| 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 | $117,185 |
| Total liabilities | $142,129 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $455,921 |
| Total liabilities and net assets/fund balances | $598,050 |