Montgomery Bar Association
- Assets
- $3.1m
- Revenue
- $1.9m
- Investments
- $982.1k
- Employees
- 11
- Location
- Norristown, PA
- Founding
- 01/1941
- Data as of
- 12/2023
- EIN
- 23-0888123
Organization Overview
Montgomery Bar Association is located in Norristown, PA. The organization was established in 1941. According to its NTEE Classification (I03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2023, Montgomery Bar Association employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montgomery Bar Association 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 12/2023, Montgomery Bar Association generated $1.9m 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 (3.5%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Montgomery Bar Association has awarded 19 individual grants totaling $1,038,768. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE PROMPT AND EFFICIENT ADMINISTRATION OF JUSTICE, EQUAL ACCESS TO LEGAL SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
MONTGOMERY COUNTY LAW REPORTER - PUBLICATION OF LEGAL JOURNAL TO KEEP MEMBERS INFORMED ABOUT LEGAL MATTERS.
LAWYER REFERRAL SERVICE, LEGAL DIRECTORY, AND CONTINUING LEGAL EDUCATION.
PROGRAMS AND EVENTS - MEETING, SEMINARS, DINNERS, AND OTHER EVENTS FOR MEMBERS SUPERVISED BY VARIOUS COMMITTEES OF THE ASSOCIATION
BENCH BAR CONFERENCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denise Vicario Executive Director | OfficerTrustee | 45 | $175,500 |
Sarinia Feinman Immediate Past President | OfficerTrustee | 1 | $0 |
Justin A Bayer President | OfficerTrustee | 1 | $0 |
Lisa A Shearman President- Elect | OfficerTrustee | 1 | $0 |
Seth Wilson Vice President | OfficerTrustee | 1 | $0 |
Colin O'boyle Treausrer | OfficerTrustee | 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,769,191 |
| Investment income | $62,910 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $17,652 |
| Net Gain/Loss on Asset Sales | $47,406 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,917,911 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $35,311 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $645,140 |
| Compensation of current officers, directors, key employees. | $186,834 |
| Compensation of current officers, directors, key employees. | $93,417 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $490,120 |
| Pension plan accruals and contributions | $20,968 |
| Other employee benefits | $60,457 |
| Payroll taxes | $55,864 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,821 |
| Fees for services: Lobbying | $3,157 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,468 |
| Fees for services: Other | $50,000 |
| Advertising and promotion | $0 |
| Office expenses | $77,449 |
| Information technology | $21,038 |
| Royalties | $0 |
| Occupancy | $71,751 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $40,233 |
| Interest | $3,910 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $122,532 |
| Insurance | $34,626 |
| All other expenses | $0 |
| Total functional expenses | $2,150,675 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $130,916 |
| Savings and temporary cash investments | $16,902 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $245,265 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,939 |
| Prepaid expenses and deferred charges | $73,958 |
| Net Land, buildings, and equipment | $852,153 |
| Investments—publicly traded securities | $721,316 |
| Investments—other securities | $982,129 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $54,556 |
| Total assets | $3,080,134 |
| Accounts payable and accrued expenses | $252,780 |
| Grants payable | $0 |
| Deferred revenue | $221,932 |
| 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 | $38,233 |
| Total liabilities | $512,945 |
| Net assets without donor restrictions | $2,567,189 |
| 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 | $3,080,134 |
Grants Awarded
Over the last fiscal year, Montgomery Bar Association has awarded $35,311 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MONTGOMERY COUNTY LEGAL AID PURPOSE: GENERAL SUPPORT | $21,475 |
MONTGOMERY CHILD ADVOCACY PROJECT PURPOSE: GENERAL SUPPORT | $13,836 |