Telephone Association Of New England
- Assets
- $308.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Gloucester, ME
- Founding
- 04/1991
- Data as of
- 10/2022
- EIN
- 23-7399637
Organization Overview
Telephone Association Of New England is located in New Gloucester, ME. The organization was established in 1991. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Telephone Association Of New England 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 10/2022, Telephone Association Of New England generated $168.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $169.4k during the year ending 10/2022. As we would expect to see with falling revenues, expenses have declined by (3.3%) 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
2022
Describe the Organization's Program Activity:
Part 3
THE TANE/NYSTA ISSUES FORUM, HELD ANNUALLY IN FEBRUARY, PROVIDES A VENUE FOR MEMBERS OF THE 2 ASSOCIATIONS TO JOIN TOGETHER FOR THE PURPOSE OF LEARNING ABOUT NATIONAL AND REGIONAL ISSUES THAT HAVE AN IMPACT ON THE OPERATIONS OF ITS MEMBERS. THE VENUE'S LOCATION ALTERNATES BETWEEN EASTERN NEW YORK AND CENTRAL NEW ENGLAND WITH TANE RESPONSIBLE FOR HOSTING ON EVEN YEARS. THE 2022 EVENT WAS HELD FEBRUARY 1-3, 2022 UNDER THE AUSPICES OF TANE VIA ZOOM. THE EVENT IS HELD PRIMARILY FOR THE ASSOCIATION'S TELCO MEMBERS, BUT ASSOCIATES (VENDOR COMMUNITIES) ARE ENCOURAGED TO ATTEND AS WELL. IN 2022, REGISTRATION WAS APPROXIMATELY 120 ATTENDEES AS FOLLOWS:- NYSTA: 12 COMPANIES 43 ATTENDED- TANE: 10 COMPANIES 28 ATTENDED- ASSOCIATES: 25 COMPANIES 39 ATTENDED- SPEAKERS: 11 COMPANIES 11 ATTENDED THESE NUMBERS HAVE BEEN RELATIVELY CONSISTENT OVER THE PAST SEVERAL YEARS. TOPICS ARE BASED ON THE CURRENT STATE OF THE INDUSTRY. TOPICS COVERED IN 2022:- GENERAL: WASHINGTON REVIEW, REGIONAL REGULATORY ROUNDTABLE, & TECHNICAL ISSUES ROUNDTABLE- SPECIFIC: BROADBAND SALES & MARKETING; SUPPLY CHAIN; WORKFORCE DEVELOPMENT; FCC TESTING; FUNDING FOR BROADBAND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Reed Executive Vice President | 25 | $39,600 | |
Scott Brooks President | 3 | $0 | |
Mark Deperrior Treasurer | 5 | $0 | |
Suzanne Reed Secretary | 2 | $0 | |
Trina Bragdon Board Member | 2 | $0 | |
Sarah Davis Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $113,200 |
| Membership dues | $49,300 |
| Investment income | $2,875 |
| Gain or Loss | $3,418 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $168,793 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $39,600 |
| Professional fees and other payments to independent contractors | $40,104 |
| Occupancy, rent, utilities, and maintenance | $2,138 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $87,569 |
| Total expenses | $169,411 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,502 |
| Other assets | $0 |
| Total assets | $308,447 |
| Total liabilities | $69,745 |
| Net assets or fund balances | $238,702 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Better Business Bureau Of New Hampshire Inc Concord, NH | $2,701,670 | $926,407 |
Strafford Economic Development Corporation Dover, NH | $13,973,125 | $2,860,903 |
Rainscreen Association In North America Sanford, ME | $306,686 | $221,350 |
Telephone Association Of New England New Gloucester, ME | $308,447 | $0 |
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Lakes Region Builders & Remodelers Association New Hampton, NH | $113,235 | $0 |
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Central Maine Apartment Owners Association Inc Waterville, ME | $85,280 | $0 |
National End-Of-Life Doula Alliance Holderness, NH | $86,324 | $0 |
Orono Economic Development Corporation Orono, ME | $364,991 | $0 |
Hirshberg Entrepreneurship Institute Concord, NH | $4,076 | $0 |
Business Aviation Professional Of New England Nashua, NH | $36,398 | $0 |