Spring Research Institute
- Assets
- $402.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Founding
- 04/1962
- Data as of
- 12/2022
- EIN
- 34-0753678
Organization Overview
Spring Research Institute is located in null. The organization was established in 1962. 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. Spring Research Institute 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 12/2022, Spring Research Institute generated $111.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $88.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
RESEARCH IN AUTO AND TRUCK LEAF SPRING MANUFACTURING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Paradis President/of | 20 | $0 | |
Daniel Vazques Vice-Chair | 1 | $0 | |
Kelly Whiteside Chairman | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $76,843 |
| Investment income | $10,957 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $23,164 |
| Total Revenue | $110,964 |
| 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 | $61,415 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $26,985 |
| Total expenses | $88,400 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $382,012 |
| Other assets | $0 |
| Total assets | $402,372 |
| Total liabilities | $0 |
| Net assets or fund balances | $402,372 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|