Society Of Quality Assurance Incorporated

Organization Overview

Society Of Quality Assurance Incorporated is located in Charlottesville, VA. The organization was established in 1988. 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. This organization is a parent organization of an affiliated group for tax-exemption purposes. Society Of Quality Assurance Incorporated 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, Society Of Quality Assurance Incorporated generated $1.3m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE AND ADVANCE THE ETHICS, PRINCIPLES, AND KNOWLEDGE OF QUALITY ASSURANCE ESSENTIAL TO HUMAN, ANIMAL, AND ENVIRONMENTAL HEALTH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE SOCIETY GENERALLY HOLDS AN ANNUAL MEETING FOR MEMBERS AND OTHERS IN THE PROFESSION TO EXCHANGE IDEAS AND PRODUCTS FOR THE PURPOSE OF DISCUSSION AND FOR ENHANCING KNOWLEDGE IN RESEARCH QUALITY ASSURANCE. THIS MEETING INCLUDES PRECONFERENCE AND POST CONFERENCE TRAINING PROGRAMS TO FACILITATE THE ACQUISITION, DISSEMINATION AND UTILIZATION OF KNOWLEDGE IN RESEARCH QUALITY ASSURANCE. IN 2022, THIS MEETING WAS HELD IN A HYBRID FORMAT. PARTICIPATION INCLUDED 847 PERSONS FROM 24 COUNTRIES. THE SOCIETY ALSO HOLDS A TRAINING PROGRAM IN SEPTEMBER AT A DIFFERENT LOCATION TO EDUCATE MEMBERS ABOUT VARIOUS AREAS OF RESEARCH QUALITY ASSURANCE. SQA TRAININGS PROVIDE A FORUM FOR THE DISCUSSION AND EXCHANGE OF IDEAS BY FACILITATING THE ACQUISITION AND UTILIZATION OF KNOWLEDGE IN RESEARCH QUALITY ASSURANCE. IN SEPTEMBER 2022, THE SOCIETY HOSTED IN-PERSON TRAINING COURSES AND A SYMPOSIUM IN RALEIGH, NC, WITH 146 TOTAL REGISTRANTS FROM 6 COUNTRIES.


SQA INCREASED ITS FOCUS ON SOCIAL MEDIA AND MARKETING IN 2022. THE EXPENSES INCLUDE PAYMENT FOR CONTENT DEVELOPMENT AND MARKETING STRATEGY SUPPORT


THE SOCIETY PUBLISHES A NEWSLETTER EVERY OTHER MONTH THROUGH WHICH MEMBERS MAY EXCHANGE IDEAS, KNOWLEDGE, SERVICES, AND PRODUCTS. THE SOCIETY HOSTS LISTSERVS TO SUPPORT COMMUNICATION AMONG THE SOCIETY'S MEMBERS AROUND THE WORLD. THE SOCIETY HAS DEVELOPED AND MAINTAINS A PROFESSIONAL REGISTRATION PROGRAM, WHICH HAS ESTABLISHED A STANDARD OF BASIC COMPETENCY IN THE KNOWLEDGE OF THE REGULATIONS THAT DRIVE ITS PROFESSIONAL MEMBERS. IN 2022, THE SOCIETY HAD 2,406 MEMBERS FROM APPROXIMATELY 64 COUNTRIES.


THE SOCIETY IS AFFILIATED WITH EIGHT DOMESTIC CHAPTERS AND THREE NON-U.S. CHAPTERS (CANADA, INDIA, AND NIGERIA) AND PROVIDES ADMINISTRATION AND WEBSITE SERVICES TO THOSE CHAPTERS AND THEIR MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Michelle Holbrook
President
$0
Cheryl Mccarthy
Vice Preside
$0
Kimberly Frazier
Past Preside
$0
Tracey Henthorn
Secretary
$0
Maryellen Lander
Treasurer
$0
Steve Drzick
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Palm Springs Convention Center
Conference
$184,711
Custom Management Group
Management
$694,413
Manor Hill Farm Llc
Audio/visual
$164,941
View All Vendors

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$50,965
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$50,965
Total Program Service Revenue$1,182,330
Investment income $25,409
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $62,417
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,347,300

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