Association Of Power Exchanges Corporation
- Assets
- $305.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Audubon, PA
- Founding
- 02/2017
- Data as of
- 12/2021
- EIN
- 81-3209494
Organization Overview
Association Of Power Exchanges Corporation is located in Audubon, PA. The organization was established in 2017. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, 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 Power Exchanges Corporation 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, Association Of Power Exchanges Corporation generated $13.1k 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 (11.2%) each year. All expenses for the organization totaled $8.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (21.9%) per year over the past 6 years. 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
PROVIDE A FORUM FOR PROMOTING THE COMMON BUSINESS INTERESTS OF THOSE ENGAGED IN THE ELECTRICITY AND GAS TRANSMISSION AND TRADING INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frederick Bresler Board Member, Chairman | 1 | $0 | |
Lina Masiuliene Board Member | 1 | $0 | |
Cecilia Ines Maya Board Member | 1 | $0 | |
Colleen Hicks Secretary | 1 | $0 | |
Megan Heater Treasurer | 1 | $0 | |
Ahmed Ali Al-Ebrahim Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $12,972 |
| Investment income | $136 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $13,108 |
| 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 | $2,600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,716 |
| Total expenses | $8,316 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $301,315 |
| Other assets | $0 |
| Total assets | $305,190 |
| Total liabilities | $18,787 |
| Net assets or fund balances | $286,403 |
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