Overview
What is Society Of Plastics Engineers Inc?
Society of Plastics Engineers Inc, based in Danbury, Connecticut, serves as a platform for professionals in the plastics industry. This nonprofit organization, with a team of 16 individuals, provides various resources and opportunities for both members and non-members. These offerings include several peer-reviewed journals, numerous international technical conferences, research projects, an online technical library, a community forum, a newsletter, and scholarships through the SPE Foundation. By facilitating knowledge sharing, skill enhancement, and industry promotion, SPE aims to benefit plastics professionals across various roles and industries, ultimately contributing to societal growth.
Official website here: www.4spe.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
The Society of Plastics Engineers Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial management. With an overall score derived solely from a 100% Accountability & Finance rating, the organization demonstrates effective governance and transparency in its operations.
The nonprofit boasts a fully independent board consisting of 9 members, ensuring that decision-making is free from conflicts of interest. Additionally, the organization adheres to robust financial oversight, with no material diversion of assets reported and comprehensive policies in place regarding whistleblower protection and document retention. A program expense ratio of 77.77% indicates that a significant portion of its resources is directed towards fulfilling its mission.
While the Society of Plastics Engineers Inc excels in management and accountability, the high concentration on financial metrics means that potential donors may seek further information on the organization's programmatic impact and outcomes. Overall, the strong financial health of the organization positions it favorably within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Society Of Plastics Engineers Inc legitimate?
Society Of Plastics Engineers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Society Of Plastics Engineers Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $384,222
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,141,397
For more financial information, click here
Official website here: www.4spe.org
What is the mission statement of Society Of Plastics Engineers Inc?
The Society of Plastics Engineers (SPE) supports individuals and companies within the plastics industry by facilitating the exchange of knowledge, enhancing skills, and promoting the industry globally. SPE caters to professionals from various sectors of the plastics industry, including engineers, scientists, technicians, salespeople, marketers, retailers, and representatives from both plastics-producing and plastics-using industries. These stakeholders utilize SPE as a platform to discuss critical issues and share technical advancements, aiming to improve the plastics industry and contribute positively to society at large.
Official website here: www.4spe.org
Who is the CEO of Society Of Plastics Engineers Inc?
Patrick Farrey is the Past President of Society Of Plastics Engineers Inc. The CEO's salary of Society Of Plastics Engineers Inc is $375,072 and their total compensation is $384,222.
Official website here: www.4spe.org
What is the revenue of Society Of Plastics Engineers Inc?
Society Of Plastics Engineers Inc's revenue in 2022 was $3,614,660.
Official website here: www.4spe.org
Who are the executives of Society Of Plastics Engineers Inc and what are their salaries?
The average compensation at Society Of Plastics Engineers Inc during 2022 was $95,351. There are 16 employees and 577 volunteers at Society Of Plastics Engineers Inc.
Here are 11 key members and their salaries (Society Of Plastics Engineers Inc's CEO's salary is $375,072 and their total compensation is $384,222):
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- Compensation: $375,072
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- Other: $9,150
Official website here: www.4spe.org
Where can I find the form 990 for Society Of Plastics Engineers Inc?
Society Of Plastics Engineers Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.4spe.org
Learn more at the official website: www.4spe.org
Mission Statement of Society Of Plastics Engineers Inc
The Society of Plastics Engineers (SPE) plays a pivotal role in supporting individuals and companies within the plastics industry. Their mission is to facilitate knowledge sharing, skill enhancement, and the promotion of the plastics industry on a global scale. SPE caters to a diverse range of professionals from various sectors of the plastics industry, including engineers, scientists, technicians, salespeople, marketers, retailers, and representatives from both plastics-producing and plastics-using industries. These stakeholders utilize SPE as a platform to engage in discussions about critical industry issues and exchange technical advancements, ultimately benefiting the industry and society as a whole. By providing a forum for open dialogue and knowledge exchange, SPE contributes significantly to the betterment of the plastics industry and society at large.
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Impact
July, 2024
The Society of Plastics Engineers Inc (SPE) has a significant impact on the plastics industry and society as a whole. By providing a range of services and programs to support professionals in the industry, SPE facilitates the sharing of knowledge, the strengthening of skills, and the promotion of the plastics industry worldwide.
Through publications such as technical journals and magazines, as well as hosting technical conferences and online forums, SPE creates opportunities for stakeholders from all segments of the industry to discuss critical issues and share technical advancements. This not only benefits the industry by fostering innovation and collaboration but also contributes to the overall betterment of society.
Additionally, SPE offers scholarships and grants through its foundation, supporting the education and development of future professionals in the plastics industry. By promoting research and serving as a platform for collaboration and knowledge exchange, SPE plays a vital role in advancing science research in the field of plastics.
Overall, the impact of the Society of Plastics Engineers Inc extends beyond just the industry itself, influencing technological advancements, sustainability efforts, and the professional development of individuals within the plastics sector, ultimately contributing to the advancement of society as a whole.
This information is meant to be a general summary of Society Of Plastics Engineers Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $461,147
- Program Service Revenue: $2,240,322
- Gross Receipts: $4,145,919
Assets and Liabilities:
- Total Assets: $6,755,198
- Total Liabilities: $3,240,018
- Net Assets: $3,515,180
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PUBLICATIONS
Revenue
$1,291,220
MEMBERSHIP DUES
Revenue
$713,440
CONFERENCES
Revenue
$234,442
SPE STORE
Revenue
$1,220
Organization Details
Founding Year
1942
Phone
(203) 740-5400Principal Officer
Patrick Farrey
Main Address
83 WOOSTER HEIGHTS ROAD 125, DANBURY, CT, 06810
Website
www.4spe.orgNTEE Category
Code: U42C - Science research
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