Econometric Society Inc
- Assets
- $5.7m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 0
- Location
- New Haven, CT
- Founding
- 06/2015
- Data as of
- 12/2021
- EIN
- 32-0402835
Organization Overview
Econometric Society Inc is located in New Haven, CT. The organization was established in 2015. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., 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. Econometric Society Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Econometric Society Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE ECONOMIC RESEARCH & IMPLEMENT SOLUTIONS TO ADDRESS IMPORTANT ECONOMIC ISSUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLICATION OF SCHOLARLY JOURNALS, ECONOMETRICA, QUANTITATIVE ECONOMICS, AND THEORETICAL ECONOMICS; PUBLICATION OF A MONOGRAPH SERIES; ORGANIZATION OF SCIENTIFIC MEETINGS IN SIX REGIONS OF THE WORLD; AND CONDUCTING ELECTIONS FOR FELLOWS OF THE ECONOMETRIC SOCIETY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pinelopi Koujianou- Goldber President | OfficerTrustee | 0.5 | $0 |
Enrique Sentana Executive Vice President | OfficerTrustee | 0.5 | $0 |
Guido Tabellini First Vice President | OfficerTrustee | 0.5 | $0 |
Rosa Matzkin Comm 1121 Second Vice President | OfficerTrustee | 0.5 | $0 |
Christopher Taber Trustee/editor | Trustee | 0.5 | $0 |
Orazio Attanasio Past President | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,222,267 |
| 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 | $1,222,267 |
| Total Program Service Revenue | $403,742 |
| Investment income | $93,663 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $68,411 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,788,083 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $350,517 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $62,455 |
| 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 | $53,624 |
| Information technology | $29,416 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $584 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $10,730 |
| Total functional expenses | $1,399,910 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $511,732 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $171,942 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,656 |
| Prepaid expenses and deferred charges | $22,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,029,267 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,742,597 |
| Accounts payable and accrued expenses | $93,701 |
| Grants payable | $0 |
| Deferred revenue | $430,102 |
| 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 | $0 |
| Total liabilities | $523,803 |
| Net assets without donor restrictions | $5,204,174 |
| Net assets with donor restrictions | $14,620 |
| 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 | $5,742,597 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Econometric Society Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Hausman Family Charitable Trust Boston, MA PURPOSE: UNRESTRICTED GIFT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cities For Financial Empowerment Fund Inc New York, NY | $14,654,854 | $7,980,604 |
Bottom Line Inc Boston, MA | $17,407,844 | $19,309,420 |
Cidny-Independent Living Services Inc Brooklyn, NY | $9,867,599 | $12,474,702 |
Neighborhood Stabilization Corporation Boston, MA | $29,880,510 | $6,854,139 |
Buffalo Urban Development Corporation Buffalo, NY | $100,186,156 | $9,769,050 |
The Fund For Parks And Recreation In Boston Boston, MA | $15,922,090 | $6,711,889 |
128 West Transportation Council Inc Waltham, MA | $2,138,696 | $3,791,714 |
Mass Mentoring Partnership Inc Boston, MA | $3,908,855 | $3,737,455 |
Excavators 731 Property Corp Astoria, NY | $23,888,581 | $2,129,993 |
Addie Mae Collins Community Services New York, NY | $1,021,619 | $2,927,389 |
New Garden Park Inc Worcester, MA | $35,860,729 | $21,019,526 |
Society Of St Vincent De Paul Svdp Rhode Island Cranston, RI | $2,227,449 | $2,629,698 |