Metal Powder Inudstries Federation
- Assets
- $4.9m
- Revenue
- $3.5m
- Investments
- $905.4k
- Employees
- 12
- Location
- Princeton, NJ
- Founding
- 02/1946
- Data as of
- 12/2022
- 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 12/2022, 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 12/2022, Metal Powder Inudstries Federation generated $3.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $3.0m during the year ending 12/2022. 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
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 | $225,015 |
Jillaine K Regan Vice President | Officer | 40 | $170,346 |
Paul Sedor Vice President | Officer | 40 | $170,136 |
William Edwards Director | Officer | 40 | $123,802 |
Diane Haggerty Director | Officer | 40 | $93,584 |
Nicola Gismondi Pmt Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $257,145 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $257,145 |
| Total Program Service Revenue | $2,954,867 |
| Investment income | $92,614 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $25,584 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,497,768 |
| 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. | $782,883 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $544,958 |
| Pension plan accruals and contributions | $58,302 |
| Other employee benefits | $150,440 |
| Payroll taxes | $91,510 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $50,422 |
| Fees for services: Accounting | $21,925 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,433 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,168 |
| Information technology | $89,416 |
| Royalties | $0 |
| Occupancy | $146,568 |
| Travel | $12,022 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $544,294 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,329 |
| Insurance | $15,432 |
| All other expenses | $64,147 |
| Total functional expenses | $2,997,546 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,076,363 |
| Savings and temporary cash investments | $373,365 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $77,047 |
| 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 | $61,670 |
| Net Land, buildings, and equipment | $7,498 |
| Investments—publicly traded securities | $1,887,055 |
| Investments—other securities | $905,445 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $546,887 |
| Total assets | $4,935,330 |
| Accounts payable and accrued expenses | $166,537 |
| Grants payable | $0 |
| Deferred revenue | $939,663 |
| 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 | $553,352 |
| Total liabilities | $1,659,552 |
| Net assets without donor restrictions | $3,275,778 |
| 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 | $4,935,330 |