Overview
What is Society Of Plastics Engineers?
The Society of Plastics Engineers, or SPE, is a globally recognized nonprofit organization, with a specific division known as SPE Detroit. This division serves as a section of the international organization, dedicated to fostering knowledge and education for all professionals in the plastics field, as well as for aspiring students. Their mission revolves around advancing the collective understanding and expertise within the plastics industry, thereby empowering professionals to excel in their respective roles. SPE Detroit is committed to this cause through various initiatives, aiming to educate and support the ongoing development of plastics professionals worldwide.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 27%
The Society of Plastics Engineers has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With an overall score of 27%, the organization struggles particularly in transparency, as it scored zero in several key areas including financial statement availability, conflict of interest policy, and essential documentation policies.
Despite a fully independent board, which received high marks, the lack of transparency raises red flags for potential donors. The organization has a program expense ratio of 47.18%, which suggests that less than half of its expenses are directed toward its programs, further highlighting potential inefficiencies in financial management.
Overall, the Society of Plastics Engineers faces challenges that may affect its credibility and donor trust. Without improvements in financial transparency and accountability practices, it may struggle to attract support in a competitive nonprofit landscape.
This AI summary has been generated from information found on Charity Navigator.
Is Society Of Plastics Engineers legitimate?
Society Of Plastics Engineers is a legitimate nonprofit organization registered as a 501(c)(3) entity. Society Of Plastics Engineers 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Society Of Plastics Engineers?
The Society of Plastics Engineers, specifically its Detroit section, is a part of an international organization committed to promoting knowledge and education within the plastics professional community. Their mission is to advance the field for both established professionals and aspiring students in the plastics sector. By doing so, they aim to contribute to the overall growth and development of the plastics industry. Their activities focus on fostering learning and understanding, thereby enriching the expertise of professionals in this field.
Who is the CEO of Society Of Plastics Engineers?
Thomas Powers is the President El of Society Of Plastics Engineers.
What is the revenue of Society Of Plastics Engineers?
Society Of Plastics Engineers's revenue in 2023 was $1,129,598.
Who are the executives of Society Of Plastics Engineers and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Society Of Plastics Engineers?
Society Of Plastics Engineers's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Society Of Plastics Engineers
The Society of Plastics Engineers, as a section of an international organization, is committed to fostering the growth and advancement of knowledge in the plastics industry. This esteemed nonprofit is dedicated to educating all professionals in the plastics field, including aspiring students, by providing them with invaluable resources and opportunities for learning. The Society of Plastics Engineers, through its SPE Detroit Section, strives to serve as a hub for knowledge and education, empowering professionals in the plastics industry to excel in their respective fields.
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Impact
October, 2024
The Society of Plastics Engineers (SPE) has a significant impact on the plastics industry by fostering a community of knowledge, education, and professional development. Through its Detroit section, SPE focuses on enhancing the skills and expertise of plastics professionals and students, contributing to the overall advancement of the field.
By organizing events, workshops, and networking opportunities, SPE Detroit facilitates the exchange of innovative ideas and industry best practices. This not only helps professionals stay updated on the latest developments in plastics technology but also supports students in their career aspirations by providing them with valuable resources and connections.
The organization's commitment to community improvement is evident in its efforts to create a more knowledgeable and skilled workforce, which ultimately benefits the industry as a whole and promotes sustainable practices within the plastics sector. Through education and collaboration, SPE plays a crucial role in shaping the future of plastics engineering and enhancing the professionalism of those within the industry.
This information is meant to be a general summary of Society Of Plastics Engineers. 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 2023.
- Investment Income: $557,821
- Program Service Revenue: $571,777
- Gross Receipts: $1,129,598
Assets and Liabilities:
- Total Assets: $3,099,523
- Total Liabilities: $0
- Net Assets: $3,099,523
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCE REVENUE
Revenue
$455,295
PROGRAM SERVICE FEES
Revenue
$101,771
GOLF OUTING REVENUE
Revenue
$14,711
Organization Details
Founding Year
1942
Phone
(248) 877-0689Principal Officer
Thomas Powers
Main Address
5750 NEW KING DR STE 120, TROY, MI, 48098
NTEE Category
Code: S41 - Community improvement
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