Illuminating Engineering Society
- Assets
- $3.5m
- Revenue
- $420.1k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 02/1991
- Data as of
- 06/2021
- EIN
- 13-3541307
Organization Overview
Illuminating Engineering Society is located in New York, NY. The organization was established in 1991. According to its NTEE Classification (U42) the organization is classified as: Engineering, under the broad grouping of Science & Technology and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Illuminating Engineering Society is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Illuminating Engineering Society generated $420.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (24.4%) each year. All expenses for the organization totaled $316.9k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Illuminating Engineering Society has awarded 12 individual grants totaling $136,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
VOLUNTEER PROF. MEMBERSHIP ORG. COMPRISED OF INDIVIDUALS WHO SHARE A MUTUAL APPRECIATION FOR LIGHTING
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LUMEN AWARDS, THE STUDENT LIGHTING COMPETITION, AND OUR MONTHLY EDUCATIONAL PROGRAMS ENCOMPASS THE LARGEST AMOUNT OF EFFORTS. MANY OF THESE REQUIRE LITTLE ATTENTION OTHER THAN WHEN THE EVENT DATE DRAWS NEAR. IF SPREAD OVER A 52 WEEK, MANY OF THE VOLUNTEERS FELT THAT IT WAS NO MORE THAN A 3 HOUR A WEEK COMMITMENT. THE BOARD OF MANAGERS TIME COMMITMENT RANGES FROM 8 HOURS A MONTH TO SOMEWHERE AROUND 8 HOURS / MONTH SPREAD OUT ANNUALLY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Megan Carroll President | OfficerTrustee | 3 | $0 |
Shoshanna Segal Vice President | OfficerTrustee | 3 | $0 |
Bradley S Telias Treasurer | OfficerTrustee | 3 | $0 |
Michael Barr Director | Trustee | 1 | $0 |
Colin V Conroy Director | Trustee | 1 | $0 |
Brigid Hardiman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,945 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $135,770 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $138,715 |
| Total Program Service Revenue | $44,720 |
| Investment income | $203,882 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $32,808 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $420,125 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $52,500 |
| Grants and other assistance to domestic individuals. | $15,500 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $33,909 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $20,189 |
| Fees for services: Other | $133,101 |
| Advertising and promotion | $0 |
| Office expenses | $12,373 |
| Information technology | $1,825 |
| Royalties | $0 |
| Occupancy | $4,756 |
| Travel | $626 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $316,908 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $426,418 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,117,344 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,543,762 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $3,543,762 |
| 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 | $3,543,762 |
Grants Awarded
Over the last fiscal year, Illuminating Engineering Society has awarded $40,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: 10TH ANNIVERSARY | $30,000 |
New York, NY PURPOSE: GRANT SPONSORSHIP | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Construction Financial Management Association Princeton, NJ | $11,734,249 | $6,816,166 |
G R Robert Construction Co Inc Usw Welfare Tr Fund Farmingdale, NJ | $3,505,634 | $4,353,086 |
Heavy Construction Industry Fund New York, NY | $24,457,135 | $4,942,939 |
Fab Foundation Boston, MA | $3,602,930 | $3,603,989 |
Society Of Plastics Engineers Inc Danbury, CT | $7,877,326 | $3,851,885 |
Turner Construction Company Foundation Montvale, NJ | $361,662 | $2,624,047 |
International Union Of Operating Engineers-98 Southwick, MA | $1,494,223 | $1,781,462 |
Construction Industries Of Massachusetts Inc Norwood, MA | $1,576,063 | $1,804,804 |
Engineering Center Education Trust Boston, MA | $2,342,937 | $1,311,012 |
American Federation Of Labor And Congress Of Industrial Orgs Dorchester, MA | $985,622 | $961,996 |
Construction Contractors Assn Of The Hudson Valley Inc Newburgh, NY | $1,019,153 | $947,733 |
Construction Exchange Of Buffalo Western New York Buffalo, NY | $2,118,263 | $1,098,271 |