New England Spring Manufacturers Association Inc is located in Bristol, CT. The organization was established in 1982. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. New England Spring Manufacturers Association 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 12/2022, New England Spring Manufacturers Association Inc generated $85.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $59.4k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
PROMOTING THE BENEFITS AND VALUE OF THE TRADE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Al Mangels Member | 0 | $0 | |
Allen Nadeau Member | 0 | $0 | |
Andrea Tarantino Member | 0 | $0 | |
Bruce Massey Member | 0 | $0 | |
Charlie Radcliff Member | 0 | $0 | |
David Devoe Member | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $36,750 |
| Investment income | $4,319 |
| Gain or Loss | $2,299 |
| Net Income from Gaming & Fundraising | $41,186 |
| Other Revenue | $0 |
| Total Revenue | $85,554 |
| 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 | $5,014 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $49,825 |
| Total expenses | $59,414 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $263,879 |
| Other assets | $0 |
| Total assets | $263,879 |
| Total liabilities | $18,200 |
| Net assets or fund balances | $245,679 |