Association Of Procurement Technical Assistance Centers Inc
- Assets
- $759.9k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Gallatin, TN
- Founding
- 02/1997
- Data as of
- 12/2023
- EIN
- 76-0471515
Organization Overview
Association Of Procurement Technical Assistance Centers Inc is located in Gallatin, TN. The organization was established in 1997. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association Of Procurement Technical Assistance Centers Inc 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 12/2023, Association Of Procurement Technical Assistance Centers Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. While expenses have increased by 4.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION SUPPORTS PROCUREMENT TECHNICAL ASSISTANCE CENTERS AND THE PROFESSIONALS WHO WORK FOR THEM BY CONDUCTING TRAINING FOR, FACILITATING INFORMATION EXCHANGE AMONG, AND PROVIDING A NATIONAL VOICE FOR ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION CONDUCTED A 5 DAY IN-PERSON SPRING CONFERENCE FOR APPROXIMATELY 350 MEMBERS, A 3 DAY VIRTUAL SUMMER CONFERENCE FOR 175 MEMBERS, AND A 5 DAY IN-PERSON FALL CONFERENCE FOR APPROXIMATELY 375 MEMBERS, EACH OF WHICH FEATURE TRAINING OF AGENCY INITIATIVES AND OTHER DEVELOPMENTS IN THE PROCUREMENT ARENA.
THE ORGANIZATION MAINTAINED A FRAMEWORK FOR EDUCATION AND CERTIFICATION OF ITS MEMBERS.
THE ORGANIZATION PROVIDED A WEBSITE WITH INFORMATION FOR THE PUBLIC AND EXPANDED RESOURCES FOR ITS MEMBERSHIP AND PUBLISHED 3 ELECTRONIC MAGAZINES AND 40 E-NEWSLETTERS INCLUDING TOPICAL INFORMATION FOR ITS MEMBERSHIP AND OTHER SUBSCRIBERS.
THE ORGANIZATION HELD 17 REGIONAL OUTREACH CALLS FOR MEMBERS IN SPECIFIC ASSOCIATION REGIONS (OR WHATEVER THE NUMBER OF CALLS WERE). THE ORGANIZATION ALSO HELD 10 "FOURTH FRIDAY" WEBINARS TO COVER TIMELY EDUCATION ON GOVERNMENT CONTRACTING ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jutta Bangs Region Direc | Trustee | $0 | |
Check Beck Region Direc | Trustee | $0 | |
Cindy Carrier Region Direc | Trustee | $0 | |
Veronica Clark Region Direc | Trustee | $0 | |
Nancy Cleveland Region Direc | Trustee | $0 | |
Jodi Essex President El | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,179,470 |
| Investment income | $2,364 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $718 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,183,515 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $32,444 |
| Fees for services: Accounting | $3,010 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $48,240 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $19,676 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $780,619 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,507 |
| All other expenses | $20,913 |
| Total functional expenses | $1,183,800 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $133,977 |
| Savings and temporary cash investments | $482,825 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $92,199 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $42,354 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,592 |
| Total assets | $759,947 |
| Accounts payable and accrued expenses | $4,701 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Other liabilities | $174 |
| Total liabilities | $4,875 |
| Net assets without donor restrictions | $755,072 |
| 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 | $759,947 |