Employees-Owned S Corporations Of Americas
- Assets
- $4.8m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 07/2000
- Data as of
- 12/2023
- EIN
- 52-2215744
Organization Overview
Employees-Owned S Corporations Of Americas is located in Washington, DC. The organization was established in 2000. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Employees-Owned S Corporations Of Americas 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, Employees-Owned S Corporations Of Americas generated $3.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $3.8m during the year ending 12/2023. While expenses have increased by 5.0% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MONITORED AND PROMOTED ENACTMENT OR MAINTENANCE OF LEGISLATION/POLICY SUPPORTING MEMBER INTERESTS AND SERVED AS A LIAISON BETWEEN THE FEDERAL GOVERNMENT AND THE NATIONAL COMMUNITY OF S-CORPORATION ESOP COMPANIES.
PROVIDED BUSINESS INFORMATION AND SPONSORED ANNUAL ASSOCIATION MEETING FOR MEMBERS.
PROMOTED PUBLIC AWARENESS OF S-CORPORATION ESOP COMPANIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremy Welsand Chairman | OfficerTrustee | 1 | $0 |
David Schaefer Treasurer | OfficerTrustee | 2 | $0 |
Art Miller Director | Trustee | 1 | $0 |
Alissa Schuessler Director | Trustee | 1 | $0 |
Bill Roark Director | Trustee | 1 | $0 |
Cathy Brown Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Arnold & Porter Outside Advocacy Consulting | 12/30/23 | $191,077 |
Venn Strategies Llc Management & Lobbying | 12/30/23 | $2,075,000 |
Plus Communications Llc Communications Consulting | 12/30/23 | $180,163 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,650,026 |
| Investment income | $158,190 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $3,808,216 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $1,037,500 |
| Fees for services: Legal | $77,298 |
| Fees for services: Accounting | $4,945 |
| Fees for services: Lobbying | $1,037,500 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $675,554 |
| Advertising and promotion | $25,638 |
| Office expenses | $0 |
| Information technology | $9,468 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $125,171 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $730,477 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,567 |
| All other expenses | $19,999 |
| Total functional expenses | $3,750,117 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,386,116 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $404,687 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,790,803 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $1,857,240 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,857,240 |
| Net assets without donor restrictions | $2,933,563 |
| 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 | $4,790,803 |