International Federation Of Professional & Technical Engineers
- Assets
- $8.6m
- Revenue
- $8.5m
- Investments
- $0.0
- Employees
- 74
- Location
- Oakland, CA
- Founding
- 10/1941
- Data as of
- 12/2022
- EIN
- 94-1485992
Organization Overview
International Federation Of Professional & Technical Engineers is located in Oakland, CA. The organization was established in 1941. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2022, International Federation Of Professional & Technical Engineers employed 74 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Federation Of Professional & Technical Engineers is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, International Federation Of Professional & Technical Engineers generated $8.5m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $7.2m during the year ending 12/2022. While expenses have increased by 3.7% per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE GENERAL WELFARE OF PROFESSIONAL AND TECHNICAL EMPLOYEES, AND OF FUNCTIONALLY ASSOCIATED EMPLOYEES WITH SUBSTANTIAL IDENTITY OF INTEREST AND WORKING CONDITIONS: TO SECURE IMPROVED WAGE, HOURS, WORKING CONDITIONS AND OTHER ECONOMIC ADVANTAGES THROUGH ORGANIZATION, NEGOTIATIONS AND COLLECTIVE BARGAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE REPRESENTATION TO MEMBERS IN MATTERS RELATED TO EMPLOYMENT IN ACCORDANCE WITH THE COLLECTIVE BARGAINING AGREEMENT AND FAIR EMPLOYMENT STANDARDS.
MEMBERSHIP REPRESENTATION: ENFORCEMENT OF THE COLLECTIVE BARGAINING AGREEMENT: PROVIDE EDUCATIONAL ADVANCEMENT AND TRAINING FOR MEMBERS, OFFICERS, AND EMPLOYEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Mader President | Officer | 6 | $22,955 |
Joel Foster Secretary Tr | Officer | 4 | $16,708 |
Rene Vasquez Vice Pres Pg | Officer | 3 | $30,016 |
Joan Mah VP Optometri | Officer | 2 | $6,576 |
Connie Savoy VP Medical P | Officer | 2 | $15,208 |
Mark Sims VP Epa Unit | Officer | 1 | $4,477 |
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 | $8,459,493 |
| Investment income | $14,508 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,607 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,472,394 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,911 |
| 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. | $473,790 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,704,806 |
| Pension plan accruals and contributions | $653,073 |
| Other employee benefits | $945,502 |
| Payroll taxes | $256,160 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $99,393 |
| Fees for services: Accounting | $62,099 |
| Fees for services: Lobbying | $36,240 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $53,180 |
| Advertising and promotion | $0 |
| Office expenses | $177,919 |
| Information technology | $105,590 |
| Royalties | $0 |
| Occupancy | $194,468 |
| Travel | $70,743 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $313,219 |
| Interest | $28,686 |
| Payments to affiliates | $686,467 |
| Depreciation, depletion, and amortization | $127,025 |
| Insurance | $45,263 |
| All other expenses | $1,802 |
| Total functional expenses | $7,206,773 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $583,294 |
| Savings and temporary cash investments | $4,787,917 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $3,224,942 |
| Investments—publicly traded securities | $430 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,382 |
| Total assets | $8,597,965 |
| Accounts payable and accrued expenses | $46,066 |
| 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 | $214,927 |
| Total liabilities | $260,993 |
| Net assets without donor restrictions | $8,336,972 |
| 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 | $8,597,965 |