International Federation Of Professional & Technical Engineers
- Assets
- $5.7m
- Revenue
- $5.5m
- Investments
- $118.0
- Employees
- 15
- Location
- Washington, DC
- Founding
- 10/1944
- Data as of
- 03/2022
- EIN
- 53-0088460
Organization Overview
International Federation Of Professional & Technical Engineers is located in Washington, DC. The organization was established in 1944. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Science & Technology and related organizations. As of 03/2022, International Federation Of Professional & Technical Engineers employed 15 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. International Federation Of Professional & Technical Engineers is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 03/2022, International Federation Of Professional & Technical Engineers generated $5.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $4.7m during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (1.9%) 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 REPRESENT THE MEMBERSHIP IN THE COLLECTIVE BARGANING PROCESS
Describe the Organization's Program Activity:
Part 3 - Line 4a
IFPTE WORKS TO IMPROVE THE LIVES AND WORKING CONDITIONS OF THE MEMBERSHIP AND, IN TURN, OUR SOCIETY
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Biggs President | Officer | 40 | $208,998 |
Paul Shearon President (p) | Officer | 40 | $186,934 |
Maria Teresa J Ellis Employee | 40 | $174,385 | |
Patti Constantino Controller | 40 | $154,541 | |
Karen Bellamy Lewis Employee | 40 | $143,153 | |
Kristina Morgan Employee | 40 | $134,616 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Communications Workers Of America Rent | 3/30/19 | $208,075 |
The Principal Financial Group Benefits | 3/30/19 | $361,886 |
Afl-cio Health And Welfare Plan Benefits | 3/30/19 | $277,036 |
Afl-cio Secretary Treasurer Union Dues Pct | 3/30/19 | $394,566 |
Bb&t Bank Credit Card | 3/30/19 | $172,052 |
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 | $5,355,243 |
| Investment income | $61,725 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,822 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,516,187 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $24,500 |
| Grants and other assistance to domestic individuals. | $10,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $631,129 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,844,469 |
| Pension plan accruals and contributions | $181,657 |
| Other employee benefits | $533,920 |
| Payroll taxes | $146,145 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $58,154 |
| Fees for services: Accounting | $25,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $29,799 |
| Fees for services: Other | $6,148 |
| Advertising and promotion | $36,216 |
| Office expenses | $119,166 |
| Information technology | $29,543 |
| Royalties | $0 |
| Occupancy | $246,999 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $51,790 |
| Interest | $3,156 |
| Payments to affiliates | $584,367 |
| Depreciation, depletion, and amortization | $8,119 |
| Insurance | $30,171 |
| All other expenses | $0 |
| Total functional expenses | $4,733,951 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,173,867 |
| 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 | $14,630 |
| Net Land, buildings, and equipment | $85,550 |
| Investments—publicly traded securities | $3,450,411 |
| Investments—other securities | $118 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,724,576 |
| Accounts payable and accrued expenses | $15,198 |
| 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 | $454,672 |
| Total liabilities | $469,870 |
| Net assets without donor restrictions | $3,828,355 |
| Net assets with donor restrictions | $1,426,351 |
| 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 | $5,724,576 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that International Federation Of Professional & Technical Engineers has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
American Federation Of Labor & Congress Of Industrial Orgs Washington, DC PURPOSE: LSUS GRANT | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Society For Engineering Education Washington, DC | $9,064,314 | $18,727,509 |
Information Technology Industry Council Ltd Washington, DC | $23,400,672 | $20,714,529 |
The Computing Research Association Inc Washington, DC | $7,343,840 | $10,008,552 |
American Society For Biochemistry And Molecular Biology Inc Rockville, MD | $126,574,647 | $17,687,280 |
American Association Of Physicists In Medicine Alexandria, VA | $31,609,322 | $9,947,196 |
The National Council Of Teachers Of Mathematics-Incorporated- Reston, VA | $18,084,320 | $8,296,750 |
American Statistical Association Alexandria, VA | $30,139,821 | $9,398,848 |
American Society Of Plant Biologists Rockville, MD | $19,649,712 | $10,404,371 |
Center For Open Science Charlottesville, VA | $9,625,938 | $7,385,775 |
Society Of Chemical Manufacturers And Affiliates Inc Arlington, VA | $22,239,444 | $4,222,837 |
American Association Of Physics Teachers Inc College Park, MD | $13,026,433 | $5,992,829 |
International Federation Of Professional & Technical Engineers Washington, DC | $5,724,576 | $5,516,187 |