American Council Of Engineering Companies Of New York Inc
- Assets
- $2.2m
- Revenue
- $2.5m
- Investments
- $799.7k
- Employees
- 12
- Location
- Albany, NY
- Founding
- 03/1960
- Data as of
- 06/2022
- EIN
- 13-1816600
Organization Overview
American Council Of Engineering Companies Of New York Inc is located in Albany, NY. The organization was established in 1960. According to its NTEE Classification (U02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Science & Technology and related organizations. As of 06/2022, American Council Of Engineering Companies Of New York Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Council Of Engineering Companies Of New York 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 06/2022, American Council Of Engineering Companies Of New York Inc generated $2.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $2.2m during the year ending 06/2022. While expenses have increased by 2.2% per year over the past 7 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
THE ORGANIZATION IS A BUSINESS LEAGUE OF PROFESSIONAL ENGINEERING AND LAND SURVEYING FIRMS WHOSE PRINCIPALS ARE LICENSED BY THE STATE OF NEW YORK AND ENGAGED IN PRIVATE PRACTICE. THE ORGANIZATION IS AFFILIATED WITH THE AMERICAN COUNCIL OF ENGINEERING COMPANIES. THE PURPOSE OF THE ORGANIZATION IS TO ASSIST ITS MEMBERS IN MAINTAINING PROFESSIONAL STANDARDS IN ORDER FOR THEM TO PROVIDE QUALITY ENGINEERING AND LAND SURVEYING SERVICES TO THEIR CLIENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER SERVICES-THE ORGANIZATION AFFORDS THE OPPORTUNITY FOR MEMBERS TO MEET AND SHARE IDEAS AND INFORMATION ON PROVIDING QUALITY ENGINEERING AND LAND SURVEYING SERVICES TO THEIR CLIENTS. THE ORGANIZATION HOLDS VARIOUS MEMBERSHIP MEETINGS THROUGHOUT THE YEAR. ADDITIONALLY, THE ORGANIZATION HOLDS VARIOUS CONTINUING EDUCATION SEMINARS IN ORDER FOR MEMBERS TO MAINTAIN THEIR LICENSING REQUIREMENTS. THE ORGANIZATION ALSO DISEMINATES IMPORTANT INFORMATION TO ITS MEMBERS ON CURRENT AFFAIRS AND LEGISLATION THAT MAY AFFECT ITS MEMBERS.THE ORGANIZATION'S HALLMARK IS THE ANNUAL ENGINEERING EXCELLENCE AWARDS (EEA) PROGRAM. EEA RECOGNIZES ENGINNERING ACHIEVEMENTS THAT DEMOSTRATES THE HIGHEST DEGREE OF SKILL AND INGENUITY AMONG ITS MEMBERS. EEA'S GOAL IS TO CONVEY TO THE GENERAL PUBLIC AND OTHER INTERESTED PARTIES THE CONTRIBUTIONS MEMBER FIRMS MAKE TO THE ENVIRONMENT, THEIR COMMUNITY AND AROUND THE WORLD THROUGH EXCEPTIONAL ENGINNERING DESIGN. EEA AWARDS ARE PRESENTED AT AN ANNUAL AWARDS DINNER. MEMBER FIRMS TOTAL APPROXIMATELY 250 WITH AFFILIATED MEMBERSHIP OF APPROXIMATELY 40 FIRMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Evers President | Officer | 40 | $210,008 |
William Murray Vice President | Officer | 40 | $119,760 |
Gina Potfora Vice President | Officer | 40 | $115,266 |
Dan Duprey Chair | OfficerTrustee | 2 | $0 |
Art Alzamora Chair-Elect | OfficerTrustee | 2 | $0 |
John Paul Cunningham Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,276,513 |
| 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 | $1,276,513 |
| Total Program Service Revenue | $1,065,391 |
| Investment income | $17,919 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,523 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,540,731 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $994,486 |
| Pension plan accruals and contributions | $99,449 |
| Other employee benefits | $136,460 |
| Payroll taxes | $79,194 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $58,000 |
| Fees for services: Accounting | $47,862 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,546 |
| Fees for services: Other | $0 |
| Advertising and promotion | $69,008 |
| Office expenses | $13,865 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $102,658 |
| Travel | $44,481 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $232,561 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,242 |
| All other expenses | $61,033 |
| Total functional expenses | $2,225,039 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $375,559 |
| Savings and temporary cash investments | $913,835 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $61,343 |
| 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 | $49,952 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $799,741 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,015 |
| Total assets | $2,215,445 |
| Accounts payable and accrued expenses | $29,156 |
| Grants payable | $0 |
| Deferred revenue | $138,564 |
| 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 | $124,894 |
| Total liabilities | $292,614 |
| Net assets without donor restrictions | $1,922,831 |
| 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 | $2,215,445 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lab Central Inc Cambridge, MA | $43,646,817 | $21,795,021 |
American Council Of Engineering Companies Of New York Inc Albany, NY | $2,215,445 | $2,540,731 |
American Council Of Engineering Companies Of Nj Inc Trenton, NJ | $226,368 | $822,831 |
Mansfield Bio-Incubator Inc Mansfield, MA | $4,316,078 | $3,352,003 |
American Institute Of Chemists Inc Philadelphia, PA | $193,652 | $61,429 |
Jonathan F Reichert Foundation Inc Buffalo, NY | $2,784,945 | $134,464 |
Medilytix Inc Lincoln, MA | $485 | $0 |