Texas Society Of Association Executives
- Assets
- $334.9k
- Revenue
- $1.0m
- Investments
- $209.1k
- Employees
- 8
- Location
- Austin, TX
- Founding
- 05/1956
- Data as of
- 12/2021
- EIN
- 74-6046875
Organization Overview
Texas Society Of Association Executives is located in Austin, TX. The organization was established in 1956. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Texas Society Of Association Executives employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Society Of Association Executives 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, Texas Society Of Association Executives generated $1.0m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATION, IDEA EXCHANGE, & NETWORKING OPPORTUNITIES TO ENHANCE PROFESSIONALISM AND PROMOTE HIGH STANDARDS OF CONDUCT AMONG ASSOCIATION EXECUTIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TSAE'S ANNUAL NEW IDEAS CONFERENCE IS THREE DAYS OF LEARNING, NETWORKING AND PROFESSIONAL GROWTH OPPORTUNITIES THAT HELPS ASSOCIATION EXECUTIVES DO THEIR JOB BETTER AND BENEFIT THEIR ASSOCIATIONS. MORE THAN 450 ASSOCIATION PROFESSIONALS AND SUPPLIERS ATTEND.
TSAE HAD MULTIPLE EDUCATION FORUMS: LEARN@LUNCH, SEMINARS AND WEBINARS. THESE EDUCATION OPPORTUNITIES WERE PRESENTED BY DIFFERENT EXPERTS IN THEIR FIELDS, WITH ATTENDEES REPRESENTING ASSOCIATIONS FROM ALL ACROSS TEXAS. OTHER EDUCATIONAL PROGRAMS INCLUDE THE CAE PROGRAM, CEO STRATEGIES, TOASTMASTERS AND MANY MORE.
A BI-MONTHLY MAGAZINE WITH EDUCATIONAL ARTICLES ON INDUSTRY TOPICS. OTHER PUBLICATIONS INCLUDE A MEMBERSHIP DIRECTORY, PRESIDENT'S UPDATES, ASSOCIATION NEWS BRIEFING, ONLINE BUYERS GUIDE, MEETINGS PROFILE, COMPENSATION STUDY, AND THE CAE STUDY GUIDE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven J Stout Executive Director | OfficerTrustee | 40 | $131,110 |
Tim Niedecken Chair | OfficerTrustee | 5 | $0 |
Tiffany Wehner Mcgee Immediate Past Chair | OfficerTrustee | 5 | $0 |
Jodi Ann Ray Chair-Elect | OfficerTrustee | 5 | $0 |
John Bacon Director | Trustee | 5 | $0 |
Dottie Bossley Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $92,366 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,893 |
| Noncash contributions included in lines 1a–1f | $4,893 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $97,259 |
| Total Program Service Revenue | $884,418 |
| Investment income | $5,521 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $12,831 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,000,029 |
| 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. | $138,124 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $351,534 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $23,129 |
| Payroll taxes | $40,325 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $483 |
| Fees for services: Accounting | $5,204 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $79,950 |
| Advertising and promotion | $5,490 |
| Office expenses | $133,059 |
| Information technology | $77,047 |
| Royalties | $0 |
| Occupancy | $119,537 |
| Travel | $5,270 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $179,808 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,111 |
| All other expenses | $0 |
| Total functional expenses | $1,165,071 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,048 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $25,069 |
| 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 | $24,768 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $209,050 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,991 |
| Total assets | $334,926 |
| Accounts payable and accrued expenses | $210,316 |
| Grants payable | $0 |
| Deferred revenue | $91,383 |
| 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 | $150,000 |
| Other liabilities | $0 |
| Total liabilities | $451,699 |
| Net assets without donor restrictions | -$116,773 |
| 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 | $334,926 |
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