Financial Executives International
- Assets
- $107.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 10/1948
- Data as of
- 06/2022
- EIN
- 25-6049427
Organization Overview
Financial Executives International is located in Pittsburgh, PA. The organization was established in 1948. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Financial Executives International 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 06/2022, Financial Executives International generated $99.6k 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 (6.9%) each year. All expenses for the organization totaled $156.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.1%) 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
TO STRIVE TO BE THE EYES AND EARS OF THE TYPICAL FINANCE OFFICER FACING THE DAY-TO-DAY CHALLENGE OF ENHANCING HIS OR HER SHAREHOLDERS' INVESTMENT. TO HELP MEMBERS ANTICIPATE AND REACT TO CHANGE, ACQUIRE NEW RESOURCES TO ENHANCE SHAREHOLDER VALUE, AND BUILD THE PERSONAL SKILLS NEEDED TO FURTHER THEIR CAREERS. THIS IS DONE BY PROVIDING INFORMATION THROUGH DIVERSE FORMS OF COMMUNICATION, KNOWLEDGE OF EVOLVING TRENDS, ISSUES, AND HIGH-QUALITY PROGRAMS. TO HELP TO IDENTIFY NEW OPPORTUNITIES FOR PEER NETWORKING, AND PROVIDE FOR EFFECTIVE ADVOCACY THROUGH REPRESENTATION BEFORE LEGISLATIONS AND REGULATORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theresa Bone 1st Vice President | 3 | $0 | |
Barbara Fitzgerald Director | 3 | $0 | |
Robert Hook Director | 3 | $0 | |
Frank Lazzaro Director | 3 | $0 | |
W Barry Williams President | 3 | $0 | |
Timothy Elder Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $105,705 |
| Total Program Service Revenue | $2,338 |
| Membership dues | $924 |
| Investment income | $15 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$9,400 |
| Other Revenue | $0 |
| Total Revenue | $99,582 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $28,678 |
| Professional fees and other payments to independent contractors | $2,086 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $110,664 |
| Total expenses | $156,428 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $107,470 |
| Other assets | $0 |
| Total assets | $107,470 |
| Total liabilities | $26,601 |
| Net assets or fund balances | $80,869 |
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