International Federation Of Professional & Technical Engineers is located in Philadelphia, PA. The organization was established in 1944. 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. International Federation Of Professional & Technical Engineers is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, International Federation Of Professional & Technical Engineers generated $83.4k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $50.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
TO REPRESENT ALL BARGAINING UNIT MEMBERS ON NAVAL SURFACE WARFARE CENTER PHILADLEPHIA. FUNDS ARE USED TO REPRESENT AND IMPROVE THE WORKING CONDITIONS OF THE MEMBERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Dobias President | 12 | $0 | |
Dawn Dillette Executive VP | 13 | $0 | |
John Garrity VP - Navsses | 1 | $0 | |
Eldon Beckford VP - Navsses Trades | 2 | $0 | |
Anthony Pappero VP - Inactive Ships | 1 | $0 | |
Colleen Kennedy VP Nnsy Foundry | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $83,387 |
| Investment income | $30 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $83,417 |
| 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 | $30,948 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $258 |
| Other expenses | $19,287 |
| Total expenses | $50,493 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $316,796 |
| Other assets | $0 |
| Total assets | $316,796 |
| Total liabilities | $0 |
| Net assets or fund balances | $316,796 |