Society For Marketing Professional Services
- Assets
- $196.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Spring, TX
- Founding
- 09/1983
- Data as of
- 08/2022
- 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 08/2022, Society For Marketing Professional Services generated $80.7k 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 (9.1%) each year. All expenses for the organization totaled $90.8k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 7 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 |
|---|---|---|---|
Deanna Rodriguez President Elect | 4 | $0 | |
Drew Prochaska President | 8 | $0 | |
Lauren Tucker Sponsorship Director | 4 | $0 | |
Lara Holcomb Past President | 3 | $0 | |
Kristina Moreland Communications Director | 4 | $0 | |
Britney Cooper Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $85,186 |
| Membership dues | $4,542 |
| Investment income | $0 |
| Gain or Loss | -$9,063 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $80,665 |
| 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 | $30,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $156 |
| Other expenses | $60,636 |
| Total expenses | $90,792 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $84,807 |
| Other assets | $0 |
| Total assets | $195,979 |
| Total liabilities | $0 |
| Net assets or fund balances | $195,979 |