Service Contract Industry Council

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

EIN: 593190625 ✦ Albany, NY ✦ Designated as a 501(c)(6)

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Overview

What is Service Contract Industry Council?

The Service Contract Industry Council is a nonprofit organization situated in Albany, New York, specifically at 230 Washington Ave Ext. Their primary mission is to monitor state legislative and regulatory activities related to the service contract industry. By actively participating in relevant legislative and administrative proceedings, they aim to develop fair and consistent regulations that safeguard consumers, maintain a free market, and ensure the long-term sustainability of the service contract industry. In addition, they are committed to educating both businesses and consumers about the value and benefits of service contracts.

Is Service Contract Industry Council legitimate?

Service Contract Industry Council is a legitimate nonprofit organization registered as a 501(c)(6) entity. Service Contract Industry Council 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

For more financial information, click here

What is the mission statement of Service Contract Industry Council?

The Service Contract Industry Council's mission involves monitoring state legislative and regulatory activities related to its domain. It actively contributes to relevant legislative and administrative proceedings, advocating for fair and consistent regulations. The council's primary objective is to educate both businesses and consumers about the value and benefits of service contracts. By doing so, it aims to protect consumers, maintain a free market, and ensure the long-term viability of the service contract industry.

Who is the CEO of Service Contract Industry Council?

Tom Keepers is the President of Service Contract Industry Council.

What is the revenue of Service Contract Industry Council?

Service Contract Industry Council's revenue in 2022 was $816,120.

Who are the executives of Service Contract Industry Council and what are their salaries?


Here are 3 key members and their salaries:


Beth Kastigar (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Simrun Gialleonardo (Executive Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Mason (Executive Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Service Contract Industry Council?

Service Contract Industry Council's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Service Contract Industry Council

The Service Contract Industry Council, in its mission, focuses on monitoring state legislative and regulatory activities. This organization contributes to relevant legislative and administrative proceedings, playing a crucial role in shaping policies that affect the service contract industry. Beyond this, the Service Contract Industry Council also takes upon itself the task of educating businesses and consumers about the value and benefits of service contracts. By doing so, it aims to foster a well-informed and engaged community, ensuring a thriving service contract industry that is both fair and beneficial to all parties involved. The organization works diligently to develop regulations that protect consumers, maintain a free market, and secure the long-term viability of the service contract industry.

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Impact




October, 2024

The Service Contract Industry Council plays a crucial role in shaping the landscape of the service contract industry by monitoring legislative and regulatory activities that affect its stakeholders. By engaging with lawmakers, the organization advocates for fair and consistent regulations that not only protect consumers but also uphold the principles of a free market. This proactive approach ensures the long-term viability of the industry while fostering trust between businesses and consumers.

In addition to its legislative efforts, the Council educates both businesses and consumers about the inherent value and benefits of service contracts. This educational component is essential in raising awareness and understanding, ultimately leading to informed decisions that can enhance consumer protection and contribute to community improvement. Through these activities, the Service Contract Industry Council significantly impacts the industry's regulatory environment and promotes a culture of accountability and transparency.




This information is meant to be a general summary of Service Contract Industry Council. 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
$816,120 (2022)
Expenses
$878,791 (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: $816,120
  • Gross Receipts: $816,120

Assets and Liabilities:

  • Total Assets: $1,188,930
  • Total Liabilities: $45,301
  • Net Assets: $1,143,629

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Membership Dues

Revenue

$780,820

Conference Income

Revenue

$35,300

Organization Details

Founding Year

1993

Principal Officer

Tom Keepers

Main Address

230 Washington Ave Ext, Albany, NY, 12203

NTEE Category

Code: S41 - Community improvement

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