Totals
- Total revenue
- $2,404,072
- Total expenses
- $933,346
- Contributions and grants received
- $2,272,601
- Grants paid
- $93,000
- Program service revenue
- $133,192
- Investment income
- $14,071
- Other revenue
- -$15,792
- Total assets, end of year
- $2,615,484
- Total liabilities, end of year
- $266,441
- Net assets or fund balances, end of year
- $2,349,043
- Program services expenses (Part IX)
- $708,854
- Management and general expenses
- $139,997
- Fundraising expenses
- $84,495
- Program service expenses (Part III)
- $708,854
Program services were 75.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$54,206
-
1f · All other contributions, gifts and grants
$2,218,395
-
1g · Noncash contributions included above
$16,677
-
2a · Program service revenue: RCEP PROGRAM
total $124,115 · related or exempt $124,115
-
2b · Program service revenue: ADMINISTRATIVE FEES
total $9,077 · related or exempt $9,077
-
3 · Investment income
total $15,143 · excluded $15,143
-
7b · Less cost or other basis and sales expenses
securities $1,072
-
7c · Gain or loss
securities -$1,072
-
7d · Net gain or loss
total -$1,072 · excluded -$1,072
-
8a · Fundraising events: gross income
$36,177
-
8a · Fundraising events: contributions included on line 1c
$54,206
-
8b · Fundraising events: direct expenses
$51,969
-
8c · Net income from fundraising events
total -$15,792 · excluded -$15,792
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $93,000 · program services $93,000
-
11a · Fees: management
total $458,120 · program services $310,687 · management and general $72,705 · fundraising $74,728
-
11f · Fees: investment management
total $491 · management and general $491
-
11g · Fees: other
total $246,504 · program services $224,315 · management and general $22,189
-
12 · Advertising and promotion
total $58,259 · program services $52,372 · management and general $2,903 · fundraising $2,984
-
13 · Office expenses
total $6,474 · program services $1,952 · management and general $4,063 · fundraising $459
-
17 · Travel
total $65,640 · program services $24,701 · management and general $34,998 · fundraising $5,941
-
24a · Other expenses: MISCELLANEOUS
total $4,858 · program services $1,827 · management and general $2,648 · fundraising $383
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $360,720 · end of year $84,351
-
2 · Savings and temporary cash investments
beginning of year $300,000 · end of year $300,000
-
4 · Accounts receivable
beginning of year $475,401 · end of year $2,018,672
-
9 · Prepaid expenses and deferred charges
beginning of year $28,000 · end of year $1,046
-
11 · Investments: publicly traded securities
beginning of year $191,654 · end of year $211,415
-
17 · Accounts payable and accrued expenses
beginning of year $465,945 · end of year $244,935
-
19 · Deferred revenue
beginning of year $23,025 · end of year $21,506
-
27 · Net assets without donor restrictions
beginning of year $854,867 · end of year $2,331,540
-
28 · Net assets with donor restrictions
beginning of year $11,938 · end of year $17,503
Mission and programs · 2022
Mission
ACEC RESEARCH INSTITUTE SERVE AS THE LEADING SOURCE OF KNOWLEDGE AND THOUGHT LEADERSHIP FOR CREATING A MORE SUSTAINABLE, SAFE, SECURE, AND TECHNICALLY ADVANCED BUILT ENVIRONMENT. IDENTIFY, FUND, AND PROVIDE INDUSTRY WIDE RESEARCH FORECASTS AND TREND ANALYSIS. AWARD SCHOLARSHIPS TO STUDENTS SEEKING TO ENTER THE ENGINEERING INDUSTRY.
Activities or mission (Part I)
LEADING SOURCE OF KNOWLEDGE AND THOUGHT LEADERSHIP FOR CREATING A MORE SUSTAINABLE, SAFE, SECURE, AND TECHNICALLY ADVANCED BUILT ENVIRONMENT.
-
RESEARCH: ACEC RESEARCH INSTITUTE PRODUCES RESEARCH INTO ISSUES OF CRITICAL IMPORTANCE TO THE ENGINEERING INDUSTRY.
Expenses $433,139
-
SCHOLARSHIPS: ACEC RESEARCH INSTITUTE SCHOLARSHIP PROGRAMS PROVIDE FINANCIAL ASSISTANCE TO PROMISING ENGINEERING STUDENTS.
Expenses $171,122 · Grants $93,000 · Revenue $9,077
-
REGISTERED CONTINUING EDUCATION PROGRAM (RCEP): A NATIONWIDE PORTAL FOR ENGINEERING EDUCATION AND RECORDKEEPING.
Expenses $104,593 · Revenue $124,115
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
LINDA BAUER DARR
PRESIDENT & CEO
- Total calculated
- $862,921
- From this org
- $0
- From related orgs
- $810,092
- Other
- $52,829
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $609,029 related
- Bonus
- $0 + $200,000 related
- Other
- $0 + $1,063 related
- Deferred
- $0 + $36,456 related
- Nontaxable benefits
- $0 + $16,373 related
- Filer's total
- $0 + $862,921 related
-
MICHAEL CARRAGHER
CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
MICHAEL CORKERY
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
ADAM JONES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
STEVEN LEFTON
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
CHRIS KLEIN
BOARD MEMBER (TERM ENDED 05/23)
- Total calculated
- $0
- Hours/week
- 1
-
NICOLAS MANGON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
ART BARRETT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JANICE MARSTERS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JAMES HAYNES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
ALYSON WATSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
CATHY RITTER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
KATE HARRIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
LEWIS CORNELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
MELVIN WILLIAMS
BOARD MEMBER (TERM ENDED 05/23)
- Total calculated
- $1,057
- From this org
- $1,057
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
ROBIN GREENLEAF
BOARD MEMBER (TERM ENDED 05/23)
- Total calculated
- $0
- Hours/week
- 1
-
DAPHNE BRYANT
EXECUTIVE DIRECTOR & SECRETARY
- Total calculated
- $380,048
- From this org
- $0
- From related orgs
- $321,245
- Other
- $58,803
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $0 + $291,245 related
- Bonus
- $0 + $30,000 related
- Other
- $0
- Deferred
- $0 + $36,456 related
- Nontaxable benefits
- $0 + $22,347 related
- Filer's total
- $0 + $380,048 related
-
KERRY GAYLOR
DIRECTOR, PROGRAMS
- Total calculated
- $170,374
- From this org
- $0
- From related orgs
- $143,579
- Other
- $26,795
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $134,579 related
- Bonus
- $0 + $9,000 related
- Other
- $0
- Deferred
- $0 + $13,357 related
- Nontaxable benefits
- $0 + $13,438 related
- Filer's total
- $0 + $170,374 related
-
JOHN CARRATO
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- OTHER
- COMPENSATION FROM THE RELATED ORGANIZATION FOR THE THREE INDIVIDUALS LISTED IN PART II IS DETERMINED BY THE RELATED ORGANIZATION, THE AMERICAN COUNCIL OF ENGINEERING COMPANIES (ACEC). THE CHAIR, CHAIR-ELECT AND FORMER CHAIR OF ACEC UNDERTAKE A DETAILED PERFORMANCE ASSESSMENT AND REVIEW SALARY SURVEYS FOR SIMILAR POSITIONS/ORGANIZATIONS TO DETERMINE SALARY LEVEL OF THE PRESIDENT & CEO OF ACEC. LAST REVIEW 7/1/21.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
AMERICAN COUNCIL OF ENGINEERING COMPANIES
501(C)(6) · BUSINESS LEAGUE · DC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 9 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202411349349302381
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.