Society For Marketing Professional Services
- Assets
- $3.1m
- Revenue
- $4.8m
- Investments
- $0.0
- Employees
- 16
- Location
- Alexandria, VA
- Founding
- 05/1991
- Data as of
- 08/2023
- EIN
- 23-7433927
Organization Overview
Society For Marketing Professional Services is located in Alexandria, VA. The organization was established in 1991. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 08/2023, Society For Marketing Professional Services employed 16 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Society For Marketing Professional Services 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 08/2023, Society For Marketing Professional Services generated $4.8m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $4.8m during the year ending 08/2023. While expenses have increased by 10.0% per year over the past 3 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SMPS PROVIDES EDUCATION, TRAINING, AND NETWORKING OPPORTUNITIES FOR MARKETING PROFESSIONALS PRIMARILY IN THE ARCHITECTURAL, ENGINEERING AND CONSTRUCTION INDUSTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AMPLIFY AEC - ANNUAL CONFERENCE HELD TO PROVIDE PROFESSIONAL DEVELOPMENT AND NETWORKING FOR PROFESSIONAL SERVICES MARKETERS.
OTHER PROGRAM SERVICES INCLUDING BI-MONTHLY JOURNAL,
ONLINE COURSE OFFERINGS PROVIDE EDUCATION AND PROFESSIONAL DEVELOPMENT FOR OVER 10,000 PEOPLE.
MEMBERSHIP AND CHAPTER SERVICES. TRAINING AND SUPPORT FOR 58 CHAPTERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Geary CEO | OfficerTrustee | 36 | $247,890 |
Marci Thompson Chief Strategy Officer | Officer | 36 | $170,672 |
Tina Myers Deputy CEO | Officer | 36 | $159,658 |
Antonio Payne CFO | Officer | 38 | $124,800 |
Dana Galvin President Elect | OfficerTrustee | 4 | $0 |
Holly Bolton President | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,415,924 |
| 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 | $2,415,924 |
| Total Program Service Revenue | $2,297,208 |
| Investment income | $90,244 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,803,376 |
| 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. | $703,020 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $847,165 |
| Pension plan accruals and contributions | $81,467 |
| Other employee benefits | $144,469 |
| Payroll taxes | $108,970 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25,989 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $606,477 |
| Advertising and promotion | $104,392 |
| Office expenses | $2,286 |
| Information technology | $213,206 |
| Royalties | $0 |
| Occupancy | $143,193 |
| Travel | $256,259 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $861,165 |
| Interest | $0 |
| Payments to affiliates | $241,646 |
| Depreciation, depletion, and amortization | $27,405 |
| Insurance | $43,314 |
| All other expenses | $52,119 |
| Total functional expenses | $4,797,695 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $527,873 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $80,529 |
| 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 | $96,223 |
| Net Land, buildings, and equipment | $107,544 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $2,302,629 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,114,798 |
| Accounts payable and accrued expenses | $567,042 |
| Grants payable | $0 |
| Deferred revenue | $1,429,813 |
| 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 | $144,872 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $86,133 |
| Total liabilities | $2,227,860 |
| Net assets without donor restrictions | $886,938 |
| 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 | $3,114,798 |