Summit Study Group Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 261433475 ✦ Murrysville, PA ✦ Designated as a 501(c)(6)

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Overview

What is Summit Study Group Inc?

Summit Study Group Inc is a nonprofit organization, dedicated to the professional development of financial planners. The organization, based on undisclosed location, conducts two annual member meetings, each lasting three days. These gatherings serve as platforms for continuing education, offering 20 hours of instruction during each winter and spring event. In total, each member and guest receives 40 hours of educational support throughout the year. The primary objective of Summit Study Group Inc is to empower financial planning professionals by providing them with meaningful learning experiences and resources.


Official website here: www.thesummitstudygroup.com

Is Summit Study Group Inc legitimate?

Summit Study Group Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Summit Study Group Inc submitted a form 990EZ, 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.


Official website here: www.thesummitstudygroup.com

What is the mission statement of Summit Study Group Inc?

The Summit Study Group Inc, as a organization, is primarily dedicated to offering educational experiences, instruction, and support for financial planning professionals. They achieve this through conducting member meetings, each lasting three days, throughout the year. These meetings serve as a platform for continuing education, with each attendee receiving 20 hours of instruction during the winter and spring sessions, totaling 40 hours for the year. The organization's mission is geared towards empowering financial planning professionals with the necessary knowledge and support to excel in their field.


Official website here: www.thesummitstudygroup.com

Who is the CEO of Summit Study Group Inc?

Richard Farrar is the President of Summit Study Group Inc.


Official website here: www.thesummitstudygroup.com

What is the revenue of Summit Study Group Inc?

Summit Study Group Inc's revenue in 2022 was $60,900.


Official website here: www.thesummitstudygroup.com

Who are the executives of Summit Study Group Inc and what are their salaries?


Here are 3 key members and their salaries:


Richard Farrar (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven N Frank (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly A Magister (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thesummitstudygroup.com

Where can I find the form 990EZ for Summit Study Group Inc?

Summit Study Group Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.thesummitstudygroup.com

Learn more at the official website: www.thesummitstudygroup.com

Mission Statement of Summit Study Group Inc

Summit Study Group Inc, a nonprofit organization, is primarily dedicated to offering educational experiences, instruction, and support for financial planning professionals. The core mission of this organization is to facilitate growth and development in this field by organizing regular meetings. In 2022, two such meetings were held, each lasting three days. These gatherings attracted a total of 18 members and guests at each event. During these meetings, financial planning professionals had the opportunity to accumulate 20 hours of continuing education, thereby enhancing their knowledge and skills. The Summit Study Group Inc's mission is to contribute to the professional development of its members, ensuring they remain updated with the latest trends and advancements in financial planning.

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Impact




October, 2024

Summit Study Group Inc plays a significant role in enhancing the professional development of financial planning professionals. By organizing two major member meetings each year, the group facilitates immersive educational experiences that are critical for continued growth in this field. In 2022, each of these three-day meetings attracted 18 members and guests, providing a collaborative environment for discussion and learning.

The educational offerings during these meetings are substantial; participants receive a total of 40 hours of continuing education, which is essential for maintaining certifications and staying updated on industry best practices. This commitment to ongoing education not only enhances the skills of individual members but also contributes to raising standards within the financial planning profession as a whole.

Overall, Summit Study Group Inc fosters a community of learning and support, ensuring that financial planning professionals are well-equipped to serve their clients effectively and adapt to the evolving landscape of their industry.




This information is meant to be a general summary of Summit Study Group 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.

Revenue
$60,900 (2022)
Expenses
$36,379 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $52,500
  • Gross Receipts: $60,900

Assets and Liabilities:

  • Total Assets: $57,199
  • Total Liabilities: $0
  • Net Assets: $57,199

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Organization Details

Principal Officer

Richard Farrar

Main Address

3875 Old William Penn Hwy Suite 3, Murrysville, PA, 15668

NTEE Category

Code: Y40 - Mutual benefit

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