Northwestern Pennsylvania Chapter Of The N T M A
- Assets
- $313.8k
- Revenue
- $212.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Meadville, PA
- Founding
- 07/1996
- Data as of
- 12/2023
- EIN
- 25-1455401
Organization Overview
Northwestern Pennsylvania Chapter Of The N T M A is located in Meadville, PA. The organization was established in 1996. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Northwestern Pennsylvania Chapter Of The N T M A employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northwestern Pennsylvania Chapter Of The N T M A 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 12/2023, Northwestern Pennsylvania Chapter Of The N T M A generated $212.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $198.6k during the year ending 12/2023. While expenses have increased by 3.5% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE MEMBERS SUCCESS THROUGH ANALYSIS OF MEMBERS NEEDS AND SHARING OF RESOURCES AND KNOWLEDGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INFORM MEMBERSHIP ON BUSINESS ISSUES AFFECTING THE PRECISION MACHINING INDUSTRY THROUGH MEMBERSHIP MEETINGS, SEMINARS, AND FROM REPORTS FROM ATTENDEES AT NATIONAL AND REGIONAL CONFERENCES ON PRECISION MACHINING INDUSTRY ISSUES.
PROMOTE LOCAL EDUCATION AND TRAINING ORGANIZATIONS TO EDUCATE AND TRAIN INDIVIDUALS TO BE EMPLOYED IN THE PRECISION MACHINING INDUSTRY. SUPPORT LOCAL AND REGIONAL APPRENTICE COMPETITIONS, CHAPTER ROBOTICS COMPETITION AND SCHOOL STUDENT CLUBS.
UTILIZE ELECTRONIC OPPORTUNITIES TO PROMOTE CHAPTER ACTIVITIES AND MEMBER CAPABILITIES BY MAINTAINING A WEBSITE, PROVIDING PERIODIC NEWSLETTERS, AND COORDINATING EDUCATIONAL AND INDUSTRY RELATED COMMUNICIATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Reinwald Vice President | OfficerTrustee | 2 | $0 |
Shannon Ongley Treasurer | OfficerTrustee | 2 | $0 |
Kyle Astor Director | Trustee | 1 | $0 |
Mark Sippy President | OfficerTrustee | 2 | $0 |
John Ritchey II Director | Trustee | 1 | $0 |
Ryan Katen Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $16,267 |
| 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 | $16,267 |
| Total Program Service Revenue | $138,507 |
| Investment income | $2,800 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $47,953 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $212,854 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,700 |
| 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. | $70,700 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,823 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,442 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $390 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,136 |
| Office expenses | $6,499 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,772 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,639 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,318 |
| All other expenses | $0 |
| Total functional expenses | $198,622 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,477 |
| Savings and temporary cash investments | $231,855 |
| Pledges and grants receivable | $3,185 |
| Accounts receivable, net | $43,378 |
| 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 | $18,879 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $313,774 |
| Accounts payable and accrued expenses | $444 |
| Grants payable | $0 |
| Deferred revenue | $77,603 |
| 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 | $191 |
| Total liabilities | $78,238 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $313,774 |
Grants Awarded
Over the last fiscal year, Northwestern Pennsylvania Chapter Of The N T M A has awarded $10,200 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NWPA NTMA EDUCATION FOUNDATION PURPOSE: General Support | $5,200 |
MANUFACTURER & BUSINESS ASSOCIATION PURPOSE: Reimbursement of 2016 MFG Day event. | $5,000 |