Specifications Consultants In Independent Practice
- Assets
- $180.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newton, MA
- Founding
- 12/2015
- Data as of
- 06/2022
- EIN
- 47-2799579
Organization Overview
Specifications Consultants In Independent Practice is located in Newton, MA. The organization was established in 2015. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, 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. Specifications Consultants In Independent Practice 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, Specifications Consultants In Independent Practice generated $153.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $117.1k during the year ending 06/2022. While expenses have increased by 15.8% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ACQUIRING PROFESSIONALLY WRITTEN CONSTRUCTION SPECIFICATIONS FROM QUALIFIED INDEPENDENT AND EMPLOYED SPECIFIERS. PROMOTE THEIR SPECIAL SERVICES AND EXPERTISE TO POTENTIAL CLIENTS, SHARE THEIR KNOWLEDGE, EXPERIENCE, AND RESOURCES THROUGH DISCUSSIONS, CONFERENCES, AND EDUCATIONAL PROGRAMS, NETWORK FOR MUTUAL BENEFIT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cornelius H Davison President | 1 | $0 | |
Kevin K Wang Vice President-Professiona | 1 | $0 | |
Kenneth Chappell Vice President-Professiona | 1 | $0 | |
Vivian Volz President-Elect | 1 | $0 | |
Elias Saltz Secretary | 1 | $0 | |
Jason Ford Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $109,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $44,300 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $153,300 |
| 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 | $1,164 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $115,932 |
| Total expenses | $117,096 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $180,349 |
| Other assets | $0 |
| Total assets | $180,349 |
| Total liabilities | $0 |
| Net assets or fund balances | $180,349 |
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