International Federation Of Professional & Technical Engineers
- Assets
- $461.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portsmouth, VA
- Founding
- 03/1966
- Data as of
- 12/2023
- EIN
- 54-0843865
Organization Overview
International Federation Of Professional & Technical Engineers is located in Portsmouth, VA. The organization was established in 1966. 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 a subordinate organization within an affiliated group for tax-exemption purposes. International Federation Of Professional & Technical Engineers is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, International Federation Of Professional & Technical Engineers generated $129.6k 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 (4.4%) each year. All expenses for the organization totaled $117.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 7 years. 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE REASONABLE WORKING CONDITIONS PROVIDE ACCEPTABLE BENEFITSPROVIDE REASONABLE WAGES TO UNION MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Corey Henderson President | 5 | $1,800 | |
Braswell Bradford Vice President | 5 | $1,800 | |
Brian Olson Nnsy Area VP | 5 | $1,800 | |
Christopher Bradford Rct Area VP | 5 | $1,800 | |
Raymond Chang Ssnn Area VP | 5 | $1,800 | |
John Sallet Sermc Area VP | 5 | $1,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $128,362 |
| Investment income | $1,267 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $129,629 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,200 |
| Professional fees and other payments to independent contractors | $4,300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $87,698 |
| Total expenses | $117,198 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $461,092 |
| Other assets | $0 |
| Total assets | $461,714 |
| Total liabilities | $0 |
| Net assets or fund balances | $461,714 |