Instrument Contracting And Engineering Association Inc
- Assets
- $75.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Mill, SC
- Founding
- 01/1987
- Data as of
- 12/2022
- EIN
- 52-1481496
Organization Overview
Instrument Contracting And Engineering Association Inc is located in Fort Mill, SC. The organization was established in 1987. According to its NTEE Classification (U42) the organization is classified as: Engineering, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Instrument Contracting And Engineering Association Inc 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 12/2022, Instrument Contracting And Engineering Association Inc generated $28.5k 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 (3.3%) each year. All expenses for the organization totaled $37.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nick Theisen Secretary | 4 | $15,600 | |
Tim Reddington President | 1 | $0 | |
Jacob Snyder Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $28,500 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $28,508 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,600 |
| Professional fees and other payments to independent contractors | $1,200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,638 |
| Total expenses | $37,438 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $75,672 |
| Other assets | $0 |
| Total assets | $75,672 |
| Total liabilities | $0 |
| Net assets or fund balances | $75,672 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Council Of Engineering Companies Of Ga Atlanta, GA | $798,765 | $1,642,968 |
Cagc Foundation Inc Charlotte, NC | $1,104,041 | $1,397,403 |
American Council Of Engineering Companies Of North Carolina Raleigh, NC | $315,083 | $1,205,507 |
International Union Of Operating Engineers O E U 474 Pooler, GA | $5,905,532 | $983,203 |
International Union Of Operating Engineers 470 Graniteville, SC | $775,227 | $630,000 |
Georgia Construction Aggregate Association Inc Duluth, GA | $666,579 | $485,142 |
American Council Of Engineering Companies Of South Carolina Columbia, SC | $529,737 | $435,693 |
International Society For Pharmaceutical Engineering Inc Raleigh, NC | $877,210 | $180,294 |
North Carolina Construction Professionals Network Inc Greensboro, NC | $123,406 | $0 |
Society Of American Military Engineers Atlanta, GA | $793,430 | $245,526 |
Construction Financial Management Association Charlotte, NC | $124,142 | $0 |
Georgia Engineering Foundation Inc Atlanta, GA | $1,299,689 | $271,157 |