Financial Executives International is located in Botsford, CT. The organization was established in 1966. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Financial Executives International 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 06/2024, Financial Executives International generated $51.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (11.2%) each year. All expenses for the organization totaled $78.4k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 9 years. 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
2024
Describe the Organization's Program Activity:
Part 3
EXPENSES ARE INCURRED TO PAY FOR THE CHAPTERS MISSION OF HAVING SENIOR FINANCIAL EXECUTIVES MEET QUALITY PEOPLE AND SHARE WITH OTHERS SOLUTIONS TO THE CRUCIAL ISSUES THAT CONFRONT THEM DAILY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elaine Gangeri VP | 1 | $0 | |
Steve Heumann VP | 1 | $0 | |
Jonathan Alpert Secretary | 1 | $0 | |
Joe Dodi Treasurer | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $40,365 |
| Membership dues | $9,153 |
| Investment income | $1,604 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $51,122 |
| 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 | $700 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,943 |
| Other expenses | $75,792 |
| Total expenses | $78,435 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,997 |
| Other assets | $0 |
| Total assets | $44,997 |
| Total liabilities | $0 |
| Net assets or fund balances | $44,997 |