National Association Of Power Engineers Educational Fndtn Inc
- Assets
- $9.4m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 43
- Location
- Alexandria, VA
- Founding
- 10/1991
- Data as of
- 12/2023
- EIN
- 52-1726075
Organization Overview
National Association Of Power Engineers Educational Fndtn Inc is located in Alexandria, VA. The organization was established in 1991. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, National Association Of Power Engineers Educational Fndtn Inc employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Association Of Power Engineers Educational Fndtn Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, National Association Of Power Engineers Educational Fndtn Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $1.7m during the year ending 12/2023. While expenses have increased by 2.6% per year over the past 9 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP IN THE TRANSFER OF TRADITIONAL AND EMERGING KNOWLEDGE WITHIN THE PROFESSION TO TAKE ADVANTAGE OF NEW PLATFORMS AND CHANNELS; AND TO ADDRESS THE DEMAND FOR TRAINED AND CERTIFIED BUILDING ENGINEERING PROFESSIONALS.
Describe the Organization's Program Activity:
NAPEEF TARGETS TRAINING AND EDUCATION WITH UNIQUE CONTENT; POTENTIAL FOR PROFESSIONAL DEVELOPMENT AND EXPERTISE; WIDELY RECOGNIZED CERTIFICATION PROGRAMS AND LICENSING PREPARATION; OPPORTUNITIES FOR OPERATIONAL IMPROVEMENTS, DEVELOPMENT OF ADVANCED SKILL SETS FOR CAREER ENHANCEMENT; EMERGING KNOWLEDGE IN ENERGY MANAGEMENT; AND DEVELOPMENT OF PROFESSIONAL NETWORK WITH LEADING PRACTITIONERS IN THE FIELD OF BUILDING ENGINEERING SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andy Redman President | OfficerTrustee | 7 | $0 |
David Ferrara Vice President | OfficerTrustee | 4 | $0 |
Mary Catherine Johns Treasurer | OfficerTrustee | 1 | $0 |
Richard Rice Secretary | OfficerTrustee | 1 | $0 |
Dale Treadway 1st Trustee | Trustee | 7 | $0 |
Mike Elias 2nd Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $144,827 |
| 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 | $144,827 |
| Total Program Service Revenue | $1,301,809 |
| Investment income | $15,898 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$35,418 |
| 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 | $1,499,116 |
| 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. | $311,487 |
| Compensation of current officers, directors, key employees. | $182,506 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $445,207 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $45,839 |
| Payroll taxes | $48,735 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,820 |
| Fees for services: Accounting | $71,242 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $48,514 |
| Advertising and promotion | $4,389 |
| Office expenses | $25,038 |
| Information technology | $28,092 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $11,897 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,168 |
| Interest | $322,161 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $266,523 |
| Insurance | $21,791 |
| All other expenses | -$468,156 |
| Total functional expenses | $1,677,291 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,206,869 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $43,070 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $26,359 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,634 |
| Net Land, buildings, and equipment | $7,979,165 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $175,084 |
| Total assets | $9,438,181 |
| Accounts payable and accrued expenses | $124,385 |
| Grants payable | $0 |
| Deferred revenue | $88,523 |
| 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 | $5,591,187 |
| Unsecured mortgages and notes payable | $48,099 |
| Other liabilities | $37,009 |
| Total liabilities | $5,889,203 |
| Net assets without donor restrictions | $3,548,978 |
| 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 | $9,438,181 |