Society For Marketing Professional Services
- Assets
- $163.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Spring, TX
- Founding
- 09/1983
- Data as of
- 08/2023
- EIN
- 76-0069611
Organization Overview
Society For Marketing Professional Services is located in Spring, TX. The organization was established in 1983. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Society For Marketing Professional Services 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 08/2023, Society For Marketing Professional Services generated $120.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $123.8k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (5.0%) per year over the past 4 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 |
|---|---|---|---|
Laketa Morris President Elect | 4 | $0 | |
Deanna Rodriguez President | 6 | $0 | |
Danielle Baucum Sponsorship Director | 4 | $0 | |
Casey Johnson Communications Director | 4 | $0 | |
Drew Prochaska Past President | 4 | $0 | |
Jennifer Murray Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,517 |
| Total Program Service Revenue | $50,894 |
| Membership dues | $5,664 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,001 |
| Other Revenue | $0 |
| Total Revenue | $120,080 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $399 |
| Salaries, other compensation, and employee benefits | $33,600 |
| Professional fees and other payments to independent contractors | $500 |
| Occupancy, rent, utilities, and maintenance | $166 |
| Printing, publications, postage, and shipping | $1,617 |
| Other expenses | $87,479 |
| Total expenses | $123,761 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,951 |
| Other assets | $0 |
| Total assets | $163,425 |
| Total liabilities | $0 |
| Net assets or fund balances | $163,425 |