Society For The Advancement Of Material & Process Engineering
- Assets
- $8.6m
- Revenue
- $6.7m
- Investments
- $0.0
- Employees
- 17
- Location
- Diamond Bar, CA
- Founding
- 02/1972
- Data as of
- 06/2022
- EIN
- 95-6153442
Organization Overview
Society For The Advancement Of Material & Process Engineering is located in Diamond Bar, CA. The organization was established in 1972. According to its NTEE Classification (U20) the organization is classified as: General Science, under the broad grouping of Science & Technology and related organizations. As of 06/2022, Society For The Advancement Of Material & Process Engineering employed 17 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Society For The Advancement Of Material & Process Engineering 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 06/2022, Society For The Advancement Of Material & Process Engineering generated $6.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $6.7m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 3 years. 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
SEE PART III LINE 1
Describe the Organization's Program Activity:
Part 3 - Line 4a
SAMPE'S PRIMARY IMPACT ON THE COMMUNITY COMES FROM ITS ANNUAL CAMX CONFERENCE AND EXHIBITION AND ITS SAMPE SPRING TECHNICAL CONFERENCE. BOTH EVENTS ARE DEDICATED TO ADVANCED MATERIALS AND PROCESSES AND BRING TOGETHER LEADING COMPANIES, ENGINEERS, SCIENTISTS, AND PROFESSIONALS FROM THROUGHOUT THE ADVANCED MATERIALS AND PROCESSES INDUSTRY.
THE SAMPE JOURNAL IS A BI-MONTHLY PUBLICATION FEATURING TECHNICAL ARTICLES AND INDUSTRY NEWS RELATED TO ADVANCED MATERIALS AND PROCESSES.
SAMPE IS A GLOBAL PROFESSIONAL MEMBER SOCIETY DELIVERING NEW INFORMATION ON ADVANCED MATERIALS AND PROCESSING TECHNOLOGY. SAMPE PROVIDES GROWTH AND EDUCATIONAL OPPORTUNITIES THROUGH CONFERENCES, EXHIBITIONS, TECHNICAL FORUMS, AND PUBLICATIONS. SAMPE PROVIDES A UNIQUE AND VALUABLE COMMUNITY FOR SCIENTISTS, ENGINEERS, AND ACADEMIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerome Berg President | OfficerTrustee | 2 | $0 |
Timothy Shaughnessy Immediate Past President | OfficerTrustee | 2 | $0 |
Scott Stephenson Executive Vice President | OfficerTrustee | 2 | $0 |
Sarah Cox Vice President | OfficerTrustee | 2 | $0 |
German Reyes-Villanueva Treasurer | OfficerTrustee | 2 | $0 |
Lanetra Tate Secretary | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Acma 50% Share Of Camx Profits | 6/29/19 | $1,458,880 |
Bsp Senita Gateway Center Llc Office Rent - Diamond Bar | 6/29/19 | $187,320 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $228,600 |
| 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 | $228,600 |
| Total Program Service Revenue | $5,954,451 |
| Investment income | $124,133 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,651,414 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $31,368 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $500,667 |
| Compensation of current officers, directors, key employees. | $181,576 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $975,150 |
| Pension plan accruals and contributions | $37,065 |
| Other employee benefits | $111,616 |
| Payroll taxes | $103,531 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,792 |
| Fees for services: Accounting | $62,737 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $34,464 |
| Fees for services: Other | $621,918 |
| Advertising and promotion | $189,456 |
| Office expenses | $369,848 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $377,125 |
| Travel | $263,510 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,708 |
| Insurance | $42,057 |
| All other expenses | $464,461 |
| Total functional expenses | $6,670,459 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,724,129 |
| Savings and temporary cash investments | $153,585 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $44,404 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $330 |
| Prepaid expenses and deferred charges | $376,392 |
| Net Land, buildings, and equipment | $52,688 |
| Investments—publicly traded securities | $4,229,538 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,158 |
| Total assets | $8,588,224 |
| Accounts payable and accrued expenses | $338,003 |
| Grants payable | $0 |
| Deferred revenue | $3,283,282 |
| 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 | $66,338 |
| Total liabilities | $3,687,623 |
| Net assets without donor restrictions | $4,900,601 |
| 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 | $8,588,224 |