Secured Finance Network- Atlanta Chapter Inc
- Assets
- $147.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marietta, GA
- Founding
- 07/2004
- Data as of
- 12/2022
- EIN
- 61-1465698
Organization Overview
Secured Finance Network- Atlanta Chapter Inc is located in Marietta, GA. The organization was established in 2004. 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. Secured Finance Network- Atlanta Chapter Inc 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, Secured Finance Network- Atlanta Chapter Inc generated $160.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $148.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED NUMEROUS NETWORKING OPPORTUNITIES FOR MEMBERS AT VARIOUS EVENTS THROUGHOUT THE YEAR TO FACILITATE INTRODUCTIONS AND SHARING OF INFORMATION AMONG EMPLOYEES OF PARTICIPATING COMPANIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Massaroni President | 5 | $0 | |
Pete Maglione Vice President | 5 | $0 | |
Todd Runge Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $152,705 |
| Membership dues | $8,207 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $160,912 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $148,271 |
| Total expenses | $148,271 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $146,989 |
| Other assets | $0 |
| Total assets | $146,989 |
| Total liabilities | $0 |
| Net assets or fund balances | $146,989 |