International Federation Of Professional & Technical Engineers is located in Wakefield, MA. 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. 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 04/2024, International Federation Of Professional & Technical Engineers generated $55.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $47.6k during the year ending 04/2024. While expenses have increased by 1.4% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
LABOR UNION ACTIVITIES ENGAGING IN COLLECTIVE BARGAINING PROTECTING THE HEALTH AND WELFARE OF ITS MEMBERS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin P Foley Financial Secretary | 0 | $0 | |
Emilio Eramo President | 0 | $0 | |
James Fitzgerald Vice President | 0 | $0 | |
Paul Devaney Cheif Steward | 0 | $0 | |
Thach Hyunh Trustee | 0 | $0 | |
Ali Razvi Corresp Secy | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $53,469 |
| Investment income | $1,697 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $55,166 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,381 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $2,430 |
| Printing, publications, postage, and shipping | $2,130 |
| Other expenses | $22,677 |
| Total expenses | $47,618 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $142,788 |
| Other assets | $0 |
| Total assets | $142,788 |
| Total liabilities | $0 |
| Net assets or fund balances | $142,788 |