Psig Inc is located in Houston, TX. The organization was established in 1994. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Psig Inc 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, Psig Inc generated $198.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $160.3k during the year ending 12/2023. While expenses have increased by 4.9% per year over the past 5 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ivor R Ellul Chairman | 2.5 | $0 | |
Jon Barley Vice Chairman | 2 | $0 | |
Michael Goodman Treasurer | 2 | $0 | |
Melissa Debevc Secretary | 2 | $0 | |
Cody Allen Director | 1 | $0 | |
Dennis Arensman Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $189,749 |
| Membership dues | $0 |
| Investment income | $8,273 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $198,022 |
| 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 | $41 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,235 |
| Other expenses | $158,995 |
| Total expenses | $160,271 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $385,731 |
| Other assets | $0 |
| Total assets | $395,731 |
| Total liabilities | $0 |
| Net assets or fund balances | $395,731 |