National Association Of Power Engineers Dc No 1
- Assets
- $437.0k
- Revenue
- $45.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- 04/1943
- Data as of
- 12/2022
- EIN
- 52-1502430
Organization Overview
National Association Of Power Engineers Dc No 1 is located in Alexandria, VA. The organization was established in 1943. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. National Association Of Power Engineers DC No 1 is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, National Association Of Power Engineers DC No 1 generated $45.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.4%) each year. All expenses for the organization totaled $93.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCEMENT OF THE POWER ENGINEER IN THE FIELD OF ENGINEERING; PROMOTION OF CIVIC CONSCIOUSNESS; LEGISLATION/ PUBLIC RELATIONS FOR THE PROTECTION OF LIFE AND PROPERTY; FURTHERANCE OF HIGH ETHICAL STANDARDS AND THE CREATION OF A SOCIAL AND FRATERNAL INTEREST AMONG ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL ACTIVITIES OF THE ORGANIZATION SUPPORT ITS MISSION OF SERVING THE PROFESSION OF POWER ENGINEERING AND OUR MEMBERS. THIS INCLUDES MONITORING INDUSTRY TRENDS FOR POTENTIAL SAFETY AND RELATED ADVOCACY NEEDS, PROVIDING CONTINUING EDUCATION FOR MEMBERS AT MONTHLY MEETINGS AND FOSTERING A SENSE OF COMMUNITY THROUGH NETWORKING AND VOLUNTEER OPPORTUNITIES. THE ORGANIZATION ALSO PROVIDES AN ANNUAL SCHOLARSHIP FOR A STUDENT ATTENDING CLASSES AT THE NAPE EDUCATIONAL FOUNDATION.
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 |
|---|---|---|---|
David Ferrara Director /ceo - Thru 4-22 | OfficerTrustee | 1 | $0 |
Bill Clark 1st Vice President | Trustee | 1 | $0 |
Mike Elias President | OfficerTrustee | 1 | $0 |
Richard Rice Secretary | OfficerTrustee | 1 | $0 |
Mary Catherine Johns Treasurer | OfficerTrustee | 1 | $0 |
Dale Treadway 1st Year Trustee | OfficerTrustee | 1 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $31,617 |
| Investment income | $3,499 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $864 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $9,608 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $45,588 |
| 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 | $0 |
| Fees for services: Legal | $4,715 |
| Fees for services: Accounting | $7,593 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,000 |
| Advertising and promotion | $0 |
| Office expenses | $660 |
| Information technology | $0 |
| 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 | $14,588 |
| Interest | $0 |
| Payments to affiliates | $13,904 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $93,155 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,580 |
| Savings and temporary cash investments | $347,225 |
| 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 | $0 |
| Net Land, buildings, and equipment | $9,660 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,578 |
| Total assets | $437,043 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $3,038 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $16,300 |
| Total liabilities | $19,338 |
| Net assets without donor restrictions | $417,705 |
| 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 | $437,043 |