Financial Executives International
- Assets
- $41.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Westlake, OH
- Founding
- 10/1948
- Data as of
- 06/2022
- EIN
- 34-6555531
Organization Overview
Financial Executives International is located in Westlake, OH. The organization was established in 1948. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations 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 $60.0k 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 (5.9%) each year. All expenses for the organization totaled $87.4k during the year ending 06/2022. 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
PROVIDED MONTHLY MEETINGS FOR MEMBERS THAT INCLUDED EDUCATIONAL SESSIONS FOCUSED ON FINANCIAL INFORMATION RELEVANT TO OUR MEMBER BASE, PROVIDED PEER NETWORKING AND CAREER MANAGEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Busby Strategic Partner Liason | 2 | $0 | |
Daryl Hatch VP Programs | 3 | $0 | |
Bill Brodnick President | 5 | $0 | |
Thea Sears Treasurer | 1 | $0 | |
Jill Donais Secretary | 1 | $0 | |
John Luteran Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,550 |
| Total Program Service Revenue | $2,525 |
| Membership dues | $9,900 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $59,982 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $31,883 |
| Occupancy, rent, utilities, and maintenance | $1,357 |
| Printing, publications, postage, and shipping | $209 |
| Other expenses | $51,424 |
| Total expenses | $87,373 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,590 |
| Other assets | $0 |
| Total assets | $41,590 |
| Total liabilities | $4,500 |
| Net assets or fund balances | $37,090 |
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