Society Of Hispanic Professional Engineers

Organization Overview

Society Of Hispanic Professional Engineers is located in City Of Industry, CA. The organization was established in 2004. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 06/2022, Society Of Hispanic Professional Engineers employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society Of Hispanic Professional Engineers 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 06/2022, Society Of Hispanic Professional Engineers generated $11.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $10.2m during the year ending 06/2022. While expenses have increased by 9.8% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SHPE CHANGES LIVES BY EMPOWERING THE HISPANIC COMMUNITY TO REALIZE ITS FULLEST POTENTIAL AND TO IMPACT THE WORLD THROUGH STEM AWARENESS,ACCESS, SUPPORT AND DEVELOPMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ANNUAL CONFERENCE PROGRAM'S MISSION IS TO BRING TOGETHER STUDENTS, PROFESSIONALS, AND EMPLOYERS FROM THE PRIVATE AND PUBLIC SECTOR IN THE FIELDS OF SCIENCE, TECHNOLOGY, ENGINEERING AND MATH. THE SERVICES OFFERED INCLUDE CAREER EXPO, INTERVIEW OPPORTUNITIES WITH POTENTIAL EMPLOYERS, NETWORKING OPPORTUNITIES, EDUCATIONAL EVENTS AND PROFESSIONAL DEVELOPMENT WORKSHOPS LEAD BY PROMINENT SPEAKERS.


THE SHPE SCHOLARSHIP PROGRAM PROVIDES SCHOLARSHIP AWARDS TO QUALIFIED UNDERGRADUATE AND GRADUATE STUDENTS ENROLLED IN QUALIFIED ACADEMIC INSTITUTIONS AND STUDYING IN THE FIELDS OF SCIENCE, TECHNOLOGY, ENGINEERING AND/OR MATH.


GRANTS RECEIVED BY SHPE DURING FY22 SUPPORTED TWELVE UNIQUE PROGRAMS AT A NATIONAL SCALE, NINE OF WHICH WERE NEWLY DEVELOPED AND LAUNCHED. THESE GRANTS SUPPORTED NEARLY 50 EVENTS AND IMPACTED MORE THAN 3600 SHPE MEMBERS AND COMMUNITY MEMBERS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Corporate Giving Connection
Marketing And Branding
$289,600
Infinity Management Group Solutions Llc
Events Support
$105,996
Roc Management Inc
Convention Sales Support
$103,077
The Event Lounge
Events Support
$101,258
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$220,357
Fundraising events$0
Related organizations$0
Government grants $345,662
All other contributions, gifts, grants, and similar amounts not included above$2,993,324
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,559,343
Total Program Service Revenue$8,322,928
Investment income $12,368
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 $11,894,639

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Society Of Hispanic Professional Engineers has recieved totaling $849,858.

Awarding OrganizationAmount
Ge Foundation

Norwalk, CT

PURPOSE: DIVERSITY - INCLUSION

$250,000
Medtronic Communities Foundation

Minneapolis, MN

PURPOSE: STEM

$231,900
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$159,846
Bechtel Group Foundation

Glendale, AZ

PURPOSE: SOCIAL SERVICES

$100,000
Berkshire Hathaway Energy Foundation

Des Moines, IA

PURPOSE: GENERAL SUPPORT

$55,000
Allegis Group Foundation Inc

Hanover, MD

PURPOSE: GENERAL USE

$42,500
View Grant Recipient Profile

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