National Society Of Professional Engineers
- Assets
- $14.0m
- Revenue
- $9.1m
- Investments
- $0.0
- Employees
- 38
- Location
- Alexandria, VA
- Founding
- 11/1942
- Data as of
- 06/2022
- EIN
- 52-1353803
Organization Overview
National Society Of Professional Engineers is located in Alexandria, VA. The organization was established in 1942. 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 06/2022, National Society Of Professional Engineers employed 38 individuals. This organization is the central organization for a national or regional group of organizations. National Society Of Professional Engineers 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 06/2022, National Society Of Professional Engineers generated $9.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $8.0m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER LICENSED PROFESSIONAL ENGINEERS IN SERVICE TO SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NATIONAL SOCIETY OF PROFESSIONAL ENGINEERS (NSPE), IN PARTNERSHIP WITH THE STATE SOCIETIES, IS THE ORGANIZATION OF LICENSED PROFESSIONAL ENGINEERS AND ENGINEER INTERNS. THROUGH EDUCATION, LICENSURE ADVOCACY, LEADERSHIP TRAINING, MULTI-DISCIPLINARY NETWORKING, AND OUTREACH, NSPE ENHANCES THE IMAGE OF ITS MEMBERS AND THEIR ABILITY TO ETHICALLY AND PROFESSIONALLY PRACTICE ENGINEERING. THE GOALS OF THE ORGANIZATION ARE: TO FOSTER CHAPTER-STATE-NATIONAL PARTNERSHIPS TO SEAMLESSLY DELIVER A CORE LEVEL OF SERVICE TO EVERY MEMBER; DELIVER VALUE TO OUR MEMBERS THAT ENHANCES THEIR COMPETENCE AND ABILITY TO PRACTICE AS A PROFESSIONAL ENGINEER; INCREASE MEMBERSHIP TO SERVE AND REPRESENT THE COLLECTIVE INTERESTS OF ALL LICENSED PROFESSIONAL ENGINEERS AND ENGINEER INTERNS; ADVOCATE U.S. PUBLIC POLICY PERTAINING TO ENGINEERING MATTERS IN THE INTEREST OF ENHANCING PUBLIC HEALTH, SAFETY, AND WELFARE. THE ORGANIZATION SERVICES APPROXIMATELY 22,000 MEMBERS, 46 STATE AND TERRITORIAL SOCIETIES, AND 350 LOCAL CHAPTERS.
A MAJOR DIVISION OF NSPE IS THE NATIONAL INSTITUTE FOR CERTIFICATION IN ENGINEERING TECHNOLOGIES (NICET). NICET IS RESPONSIBLE FOR THE TESTING AND CERTIFICATION OF ENGINEERING TECHNICIANS AND TECHNOLOGISTS THROUGHOUT THE UNITED STATES. NICET ADMINISTERS EXAMINATIONS EACH YEAR TO ENTRY-LEVEL APPLICANTS AND TO CAREER TECHNICIANS SEEKING TO UPGRADE THEIR CERTIFICATIONS.
MEDIA & COMMUNICATIONS PROGRAMS: THE SOCIETY PUBLISHES PE MAGAZINE, WHICH COVERS PROFESSIONAL, LEGAL, AND ETHICAL ISSUES OF CONCERN TO THE ENGINEERING PROFESSION. THE MAGAZINE IS PUBLISHED 4 TIMES PER YEAR, WITH A CIRCULATION OF APPROXIMATELY 64,000 PRINTED COPIES AND 48,000 DIGITAL COPIES OVER THE COURSE OF THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monika Schulz Executive Director | Officer | 50 | $232,212 |
Wendel Stewart Chief Operating Officer | Officer | 40 | $193,244 |
Rebecca Bowman Sr Director, Ethics & Prof Practice | 40 | $154,165 | |
Charles Hollis Sr Director, Credentials & Admin | 40 | $154,165 | |
Ahmed Taji-Farouki Sr. Director Technical Services | 40 | $152,839 | |
Kimberly Granados Director, Membership & Prof Practice | 40 | $149,218 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ncs Pearson Incorporated Testing Activity | 6/29/22 | $978,848 |
Hugh N Anderson Legal Services | 6/29/22 | $176,218 |
Rsm Contracted Services | 6/29/22 | $299,400 |
Agilutions Consulting Inc Software Support | 6/29/22 | $149,316 |
American Technology Services Llc It Support | 6/29/22 | $149,510 |
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 | $23,362 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,362 |
| Total Program Service Revenue | $8,118,527 |
| Investment income | $113,942 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $51,517 |
| Net Rental Income | $140,696 |
| Net Gain/Loss on Asset Sales | $282,139 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,147,637 |
| 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. | $491,491 |
| Compensation of current officers, directors, key employees. | $491,491 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,810,026 |
| Pension plan accruals and contributions | $128,460 |
| Other employee benefits | $336,835 |
| Payroll taxes | $236,936 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,216 |
| Fees for services: Accounting | $328,178 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $36,245 |
| Fees for services: Other | $317,256 |
| Advertising and promotion | $79,789 |
| Office expenses | $677,331 |
| Information technology | $246,583 |
| Royalties | $0 |
| Occupancy | $316,143 |
| Travel | $114,071 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $79,747 |
| Interest | $43,774 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $244,189 |
| Insurance | $78,257 |
| All other expenses | $96,944 |
| Total functional expenses | $7,988,497 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,364,074 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $474,165 |
| 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 | $498,038 |
| Net Land, buildings, and equipment | $5,085,147 |
| Investments—publicly traded securities | $4,534,602 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,503 |
| Total assets | $13,965,529 |
| Accounts payable and accrued expenses | $1,102,681 |
| Grants payable | $0 |
| Deferred revenue | $4,703,307 |
| 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 | $1,636,455 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,442,443 |
| Net assets without donor restrictions | $6,431,167 |
| Net assets with donor restrictions | $91,919 |
| 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 | $13,965,529 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amt-The Association For Manufacturing Technology Mclean, VA | $46,538,427 | $7,983,774 |
Personal Care Products Council Washington, DC | $26,566,920 | $19,071,135 |
American Hotel & Lodging Association Directory Corporation Washington, DC | $39,158,961 | $23,973,024 |
Nashville Convention & Visitors Bureau Nashville, TN | $15,667,602 | $21,623,147 |
Responsible Business Alliance Inc Alexandria, VA | $17,217,182 | $20,384,843 |
Asis International Inc Alexandria, VA | $27,323,586 | $13,144,142 |
National Institute For Automotive Service Exellence Leesburg, VA | $25,163,895 | $18,755,834 |
International Masonry Institute Bowie, MD | $25,662,049 | $19,254,775 |
Association For Financial Professionals Inc Bethesda, MD | $30,134,135 | $15,069,162 |
Portland Cement Association Alexandria, VA | $21,852,055 | $18,216,465 |
American College Of Radiology Association Reston, VA | $28,168,186 | $16,951,008 |
Plastics Industry Association Inc Washington, DC | $19,265,703 | $12,261,158 |