Metal Powder Inudstries Federation
- Assets
- $4.5m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 12
- Location
- Princeton, NJ
- Founding
- 02/1946
- Data as of
- 12/2021
- EIN
- 13-1825366
Organization Overview
Metal Powder Inudstries Federation is located in Princeton, NJ. The organization was established in 1946. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2021, Metal Powder Inudstries Federation employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metal Powder Inudstries Federation 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 12/2021, Metal Powder Inudstries Federation generated $3.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $2.9m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE MEMBERS' KNOWLEDGE OF SCIENTIFIC DEVELOPMENTS THAT AFFECT THE METALLURGY INDUSTRY AND TO PROMOTE THE POWDER METALLURGY INDUSTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCES, SHORT COURSES AND SEMINARS
ASSOCIATION PROGRAMS AND TECHNICAL ACTIVITIES
PUBLICATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James P Adams Exec Director | OfficerTrustee | 40 | $219,487 |
Paul Sedor Vice President | Officer | 40 | $171,736 |
Jillaine K Regan Vice President | Officer | 40 | $170,148 |
William Edwards Director | Officer | 40 | $124,076 |
Diane Haggerty Director | Officer | 40 | $94,908 |
Rodney Brennen President 11/1-12/31/21 | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $506,098 |
| 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 | $506,098 |
| Total Program Service Revenue | $2,419,369 |
| Investment income | $64,186 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $32,150 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,184,783 |
| 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. | $690,442 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $561,990 |
| Pension plan accruals and contributions | $65,793 |
| Other employee benefits | $150,804 |
| Payroll taxes | $93,066 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $51,527 |
| Fees for services: Accounting | $18,775 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,716 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,044 |
| Information technology | $89,166 |
| Royalties | $0 |
| Occupancy | $140,156 |
| Travel | $3,482 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $589,480 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,839 |
| Insurance | $14,783 |
| All other expenses | $49,356 |
| Total functional expenses | $2,908,136 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $757,750 |
| Savings and temporary cash investments | $1,118,539 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $30,453 |
| 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 | $86,397 |
| Net Land, buildings, and equipment | $68,957 |
| Investments—publicly traded securities | $2,184,032 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $294,146 |
| Total assets | $4,540,274 |
| Accounts payable and accrued expenses | $95,847 |
| Grants payable | $0 |
| Deferred revenue | $977,967 |
| 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 | $257,145 |
| Other liabilities | $54,912 |
| Total liabilities | $1,385,871 |
| Net assets without donor restrictions | $3,154,403 |
| 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 | $4,540,274 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Federation Of Teachers New York, NY | $15,634,112 | $19,917,624 |
Sheetmetal Workers Local 12 Pittsburgh, PA | $43,864,039 | $19,934,211 |
International Brotherhood Of Electrical Workers Flushing, NY | $42,808,557 | $29,527,864 |
American Federation Of State County & Municipal Employees New York, NY | $5,666,474 | $18,719,600 |
Laboers International Union Of North America New York, NY | $82,959,218 | $20,599,249 |
Teamsters Local 97 Fund Clark, NJ | $4,130,996 | $17,509,914 |
International Union Of Operating Engineers 825 825 A&b Springfield, NJ | $42,119,361 | $15,523,159 |
Electrical Workers Local No 86 Insurance Fund Plan And Trust Rochester, NY | $26,301,983 | $18,525,409 |
International Union Of Painters And Allied Trades New York, NY | $30,422,741 | $16,478,287 |
International Brotherhood Of Teamsters New York, NY | $10,937,127 | $16,693,793 |
New York State Correctional Albany, NY | $26,423,975 | $18,262,137 |
Retail Wholesale & Department Store Union New York, NY | $50,504,227 | $15,796,954 |