Rural Electric Statewide Managers Association
- Assets
- $22.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 12/2008
- Data as of
- 12/2021
- EIN
- 54-1882355
Organization Overview
Rural Electric Statewide Managers Association is located in Arlington, VA. The organization was established in 2008. According to its NTEE Classification (J03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rural Electric Statewide Managers Association 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 12/2021, Rural Electric Statewide Managers Association generated $24.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $41.0k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
1 VIRTUAL AND 2 IN-PERSON MEETINGS WERE HELD IN 2021 THAT ALLOWED MEMBERS OF RESMA TO EXCHANGE INFORMATION AND IDEAS TO IMPROVE MANAGEMENT SKILLS, STANDARDS, AND SERVICES OF THEIR RESPECTIVE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Callahan President | 3 | $0 | |
Ted Case Secretary-Treasurer; President | 1 | $0 | |
Mike Couick Vice President | 2 | $0 | |
Will Hart Secretary-Tresurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $6,050 |
| Membership dues | $9,000 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $9,700 |
| Total Revenue | $24,750 |
| 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 | $3,263 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,554 |
| Other expenses | $35,222 |
| Total expenses | $41,039 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,655 |
| Other assets | $0 |
| Total assets | $22,655 |
| Total liabilities | $4,255 |
| Net assets or fund balances | $18,400 |
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