Standard Employees Benefit Assn
- Assets
- $143.4k
- Revenue
- $34.2k
- Investments
- $84.0k
- Employees
- 4
- Location
- Gaithersburg, MD
- Founding
- 05/1948
- Data as of
- 01/2021
- EIN
- 52-6050427
Organization Overview
Standard Employees Benefit Assn is located in Gaithersburg, MD. The organization was established in 1948. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 01/2021, Standard Employees Benefit Assn employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Standard Employees Benefit Assn is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 01/2021, Standard Employees Benefit Assn generated $34.2k 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 (19.3%) each year. All expenses for the organization totaled $66.2k during the year ending 01/2021. As we would expect to see with falling revenues, expenses have declined by (11.4%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZATION PROVIDES ACTIVITIES AND RECREATION FOR NIST FEDERAL GOVERNMENT EMPLOYEES AND THEIR FAMILIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF EMPLOYEE FITNESS CENTER
OPERATION OF EMPLOYEE GIFT SHOP & PROGRAM SPONSORSHIPS
ORGANIZATION PROVIDES ACTIVITIES AND RECREATION FOR NIST FEDERAL GOVERNMENT EMPLOYEES AND THEIR FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brandi Toliver Vice President | OfficerTrustee | 1 | $0 |
Bernadette Weill Treasurer | OfficerTrustee | 1 | $0 |
Krista Fries President | OfficerTrustee | 1 | $0 |
Rodrigo Ibacache Director | OfficerTrustee | 1 | $0 |
Apostol Vassilev Director | Trustee | 1 | $0 |
Denise Shaw Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,543 |
| Investment income | $22 |
| 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 | $933 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $34,213 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $40,618 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,193 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,419 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $780 |
| Advertising and promotion | $0 |
| Office expenses | $520 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,984 |
| Insurance | $4,315 |
| All other expenses | $0 |
| Total functional expenses | $66,195 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $717 |
| Savings and temporary cash investments | $21,390 |
| 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 | $25,445 |
| Prepaid expenses and deferred charges | $848 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $84,002 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $143,422 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $311 |
| Total liabilities | $311 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $143,111 |