Family Office Principles Inc
- Assets
- $78.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mamaroneck, NY
- Founding
- 08/2017
- Data as of
- 12/2021
- EIN
- 81-1440629
Organization Overview
Family Office Principles Inc is located in Mamaroneck, NY. The organization was established in 2017. 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. Family Office Principles 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 12/2021, Family Office Principles Inc generated $149.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.6% each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
CREATE A PLACE FOR LARGE FAMILY OFFICE PRINCIPALS TO TALK FREELY, TWO RETREATS HELD ANNUALLY, 50 TO 100 PARTICIPATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Silverman Chapter Chair | 1 | $0 | |
Vishal Soin Member | 1 | $0 | |
Thomas Hillman Member | 1 | $0 | |
Rick Cohen Member | 1 | $0 | |
Lisa Johnson Vice Chapter Chair | 1 | $0 | |
Scott Brooks Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $75,030 |
| Membership dues | $74,300 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $149,330 |
| 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 | $38,900 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $93,892 |
| Total expenses | $132,792 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,258 |
| Other assets | $0 |
| Total assets | $78,258 |
| Total liabilities | $0 |
| Net assets or fund balances | $78,258 |
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