System Safety Society
- Assets
- $140.5k
- Revenue
- $290.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 05/1975
- Data as of
- 06/2023
- EIN
- 51-0138958
Organization Overview
System Safety Society is located in Minneapolis, MN. The organization was established in 1975. According to its NTEE Classification (M40) the organization is classified as: Safety Education, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. System Safety Society 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 06/2023, System Safety Society generated $290.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $280.6k during the year ending 06/2023. While expenses have increased by 7.6% per year over the past 8 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
TO PROVIDE MEMBERSHIP SERVICES SUPPORTING SAFETY PROFESSIONALS WORLDWIDE IN THE APPLICATION OF SYSTEMS ENGINEERING & SYSTEMS MANAGEMENT THROUGH PROFESSIONAL DEVELOPMENT & EDUCATION, PUBLICATIONS, PUBLIC RELATIONS, & AN ANNUAL CONFERENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SYSTEM SAFETY SOCIETY PROVIDES PUBLICATIONS FOR MEMBERS TO DISSEMINATE NEWLY DEVELOPED KNOWLEDGE & TO PROMOTE SYSTEM SAFETY TO ALL LEVELS OF MANAGEMENT, ENGINEERING & OTHER PROFESSIONAL GROUPS IN THE APPLICATION OF SYSTEMS ENGINEERING & SYSTEMS MANAGEMENT TO THE PROCESS OF HAZARD, SAFETY & RISK ANALYSIS TO IDENTIFY, ASSESS & CONTROL ASSOCIATED HAZARDS WHILE DESIGNING OR MODIFYING SYSTEMS, PRODUCTS, OR SERVICES & CONTINUING THROUGH TO DEVELOPMENT, FABRICATION, TESTING, PRODUCTION & ULTIMATE DISPOSAL.
SYSTEM SAFETY SOCIETY CONDUCTS AN ANNUAL CONFERENCE TO PROMOTE SYSTEM SAFETY TO ALL LEVELS OF MANAGEMENT, ENGINEERING & OTHER PROFESSIONAL GROUPS; TO FOSTER COMMUNICATIONS WITHIN THE SYSTEM SAFETY PROFESSION & WITH OTHER SCIENTIFIC, LEGAL, PUBLIC & PROFESSIONAL GROUPS; & TO ENCOURAGE RESEARCH INTO THE DEVELOPMENT & APPLICATION OF NEW SAFETY MANAGEMENT, SCIENTIFIC & ENGINEERING TECHNIQUES. THE ANNUAL CONFERENCE ALSO PROMOTES SYSTEM SAFETY PROFESSIONAL DEVELOPMENT & EDUCATION & ADVANCES THE STATE-OF-THE-ART IN SYSTEM SAFETY. THE 2022 CONFERENCE HAD OVER 140 ATTENDEES OVER 5 DAYS WITH MULTIPLE SESSIONS EACH DAY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russ Mitchell Past President | OfficerTrustee | 0.25 | $0 |
Pam Alte President | OfficerTrustee | 0.25 | $0 |
Rami Debouk Secretary | OfficerTrustee | 0.25 | $0 |
Pamela Kniess Treasurer | OfficerTrustee | 0.25 | $0 |
David West Vice President | OfficerTrustee | 0.25 | $0 |
Donne Difiglia Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,925 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,925 |
| Total Program Service Revenue | $255,115 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$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 | $290,917 |
| 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 | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $126,215 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $780 |
| 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 | $11,978 |
| Information technology | $6,737 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $131,800 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,049 |
| All other expenses | $0 |
| Total functional expenses | $280,559 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $115,455 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $25,000 |
| 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 | $140,455 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $88,995 |
| 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 | $88,995 |
| Net assets without donor restrictions | $51,460 |
| 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 | $140,455 |