Form 990 for tax year 2022
Filed by ENGINEERING CENTER EDUCATION TRUST.
Totals
- Total revenue
- $1,469,771
- Total expenses
- $1,383,621
- Contributions and grants received
- $339,581
- Grants paid
- $21,291
- Program service revenue
- $1,069,300
- Investment income
- $2,048
- Other revenue
- $58,842
- Total assets, end of year
- $3,033,597
- Total liabilities, end of year
- $1,667,138
- Net assets or fund balances, end of year
- $1,366,459
- Program services expenses (Part IX)
- $811,295
- Management and general expenses
- $535,743
- Fundraising expenses
- $36,583
- Program service expenses (Part III)
- $811,295
Program services were 58.6% 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
$320,217
-
1f · All other contributions, gifts and grants
$19,364
-
1g · Noncash contributions included above
$2,000
-
2a · Program service revenue: ADMIN. FEE REVENUE
total $1,063,529 · related or exempt $890,898 · unrelated business $172,631
-
2b · Program service revenue: CATERING
total $5,771 · related or exempt $3,738 · unrelated business $2,033
-
3 · Investment income
total $2,048 · excluded $2,048
-
6a · Gross rents
real property $233,741
-
6b · Less rental expenses
real property $177,484
-
6c · Rental income or loss
real property $56,257
-
6d · Net rental income or loss
total $56,257 · related or exempt $22,575 · unrelated business $33,682
-
8a · Fundraising events: gross income
$102,455
-
8a · Fundraising events: contributions included on line 1c
$320,217
-
8b · Fundraising events: direct expenses
$118,047
-
8c · Net income from fundraising events
total -$15,592 · excluded -$15,592
-
9a · Gaming: gross income
$4,840
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $4,840 · excluded $4,840
-
11a · Other revenue: OTHER REVENUE
total $13,337 · related or exempt $13,337
-
11e · Other revenue, total
$13,337
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,255 · program services $2,255
-
2 · Grants to domestic individuals
total $19,036 · program services $19,036
-
5 · Compensation of officers, directors and key employees
total $208,016 · program services $11,524 · management and general $184,136 · fundraising $12,356
-
7 · Other salaries and wages
total $633,789 · program services $481,601 · management and general $134,024 · fundraising $18,164
-
9 · Other employee benefits
total $96,415 · program services $71,132 · management and general $22,116 · fundraising $3,167
-
10 · Payroll taxes
total $54,530 · program services $36,535 · management and general $15,814 · fundraising $2,181
-
11c · Fees: accounting
total $42,385 · management and general $42,385
-
11f · Fees: investment management
total $1,933 · management and general $1,933
-
12 · Advertising and promotion
total $3,150 · program services $3,150
-
13 · Office expenses
total $35,687 · program services $11,967 · management and general $23,005 · fundraising $715
-
14 · Information technology
total $45,533 · program services $1,361 · management and general $44,172
-
16 · Occupancy
total $157,820 · program services $105,739 · management and general $52,081
-
17 · Travel
total $3,433 · management and general $3,433
-
19 · Conferences, conventions and meetings
total $5,284 · program services $3,746 · management and general $1,538
-
22 · Depreciation, depletion and amortization
total $26,724 · program services $17,905 · management and general $8,819
-
24a · Other expenses: OTHER EXPENSES
total $45,631 · program services $45,344 · management and general $287
-
24b · Other expenses: BAD DEBT
total $2,000 · management and general $2,000
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $43,281 · end of year $58,583
-
2 · Savings and temporary cash investments
beginning of year $219,944 · end of year $74,440
-
4 · Accounts receivable
beginning of year $0 · end of year $29,750
-
7 · Other notes and loans receivable
beginning of year $47,946 · end of year $17,886
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $10,127
-
10a · Land, buildings and equipment: cost or other basis
$4,749,061
-
10b · Land, buildings and equipment: accumulated depreciation
$2,320,160
-
10c · Land, buildings and equipment, net
beginning of year $1,998,620 · end of year $2,428,901
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $163,401
-
15 · Other assets
beginning of year $210,967 · end of year $250,509
-
17 · Accounts payable and accrued expenses
beginning of year $0 · end of year $98,918
-
19 · Deferred revenue
beginning of year $0 · end of year $3,780
-
23 · Secured mortgages and notes payable
beginning of year $1,292,218 · end of year $1,540,401
-
25 · Other liabilities
beginning of year $3,725 · end of year $24,039
-
27 · Net assets without donor restrictions
beginning of year $1,204,815 · end of year $1,344,087
-
28 · Net assets with donor restrictions
beginning of year $20,000 · end of year $22,372
Mission and programs · 2022
Mission
THE ENGINEERING CENTER EDUCATION TRUST WAS ESTABLISHED FOR CHARITABLE AND EDUCATIONAL PURPOSES RELATED TO ENGINEERING AND LAND SURVEYING INCLUDING BUT NOT LIMITED TO PROVIDING A PERMANENT SPACE FOR MEETING ROOMS IN WHICH EDUCATIONAL PROGRAMS WILL BE HELD, A RESEARCH LIBRARY AND TECHNICAL RESOURCE CENTER AND AN EXHIBITION AREA IN WHICH THE WORKS OF ENGINEERS AND ALLIED PROFESSIONALS WILL BE DISPLAYED. IN ADDITION, THE TRUST IS ENGAGED IN THE SPONSORSHIP AND FUNDING OF LECTURES, SEMINARS, AND CONFERENCES, JOURNALS AND OTHER PUBLICATIONS FOR THE CONTINUING PROFESSIONAL EDUCATION OF ENGINEERS AND LAND SURVEYORS.
-
THE ENGINEERING CENTER EDUCATION TRUST IS THE STEWARD FOR THE PHILLIPS-WINTHROP HOUSE AT ONE WALNUT STREET, WHICH PROVIDES A SPACE FOR THE COMMUNITY OF ENGINEERS, SURVEYORS, AND ALLIED PROFESSIONALS TO GATHER FOR CONTINUING PROFESSIONAL EDUCATION THROUGH LECTURES, CONFERENCES, AND SEMINARS.
Expenses $68,004 · Revenue $39,650
-
THE ENGINEERING CENTER EDUCATION TRUST PROVIDED TWO $2,500 SCHOLARSHIPS, A $12,000 SCHOLARSHIP, AND FOUR $500 SCHOLARSHIPS TO EIGHT SENIOR HIGH SCHOOL STUDENTS ENROLLING IN AN ENGINEERING PROGRAM IN COLLEGE. THESE AMOUNTS INCLUDE PARKING REIMBURSEMENTS OF $36.
Expenses $19,036 · Grants $19,036
-
THE ENGINEERING CENTER EDUCATION TRUST CONTRIBUTES TO THE PROMINENCE OF THE ENGINEERING AND LAND SURVEYING ORGANIZATIONS BY PROVIDING ADMINISTRATIVE SERVICES TO VARIOUS TAX EXEMPT ENGINEERING ORGANIZATIONS IN NEW ENGLAND.
Expenses $724,255 · Grants $2,255 · Revenue $890,898
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Abbie GoodmanABBIE GOODMAN
CHIEF OF EXTERNAL AFFAIRS
- Total calculated
- $197,740
- From this org
- $172,627
- From related orgs
- $0
- Other
- $25,113
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $167,627
- Bonus
- $5,000
- Other
- $0
- Deferred
- $6,639
- Nontaxable benefits
- $18,474
- Filer's total
- $197,740
-
Elizabeth TyminskiELIZABETH TYMINSKI
EXECUTIVE DIRECTOR
- Total calculated
- $196,088
- From this org
- $177,627
- From related orgs
- $0
- Other
- $18,461
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $167,627
- Bonus
- $10,000
- Other
- $0
- Deferred
- $6,839
- Nontaxable benefits
- $11,622
- Filer's total
- $196,088
-
Richard KeenanRICHARD KEENAN
ASSOCIATION MANAGER
- Total calculated
- $127,811
- From this org
- $116,035
- From related orgs
- $0
- Other
- $11,776
- Hours/week
- 40
-
Joseph G VozzellaJOSEPH G VOZZELLA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
David A BohnDAVID A BOHN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael ScipioneMICHAEL SCIPIONE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Reed M BrockmanREED M BROCKMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Brian KoczelaBRIAN KOCZELA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ellen P WhiteELLEN P WHITE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Paul R FoleyPAUL R FOLEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Stephen F Rusteika JrSTEPHEN F RUSTEIKA JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ko IshikuraKO ISHIKURA
TRUSTEE/CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Carlos G PenaCARLOS G PENA
TRUSTEE/VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Sean EwaldSEAN EWALD
TRUSTEE/TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
William HadgeWILLIAM HADGE
TRUSTEE/SECRETARY
- 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
- 3 · Compensation committee
- 7 · Other non-fixed payments
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
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- THE ORGANIZATION'S EXECUTIVE COMMITTEE DETERMINED COMPENSATION FOR THE CHIEF OF EXTERNAL AFFAIRS AND EXECUTIVE DIRECTOR.
- PART I, LINE 7
- THE BOARD CHAIR MAKES RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE REGARDING BONUSES FOR THE EXECUTIVE DIRECTOR AND DIRECTOR OF EXTERNAL AFFAIRS. BONUSES ARE DETERMINED BY THE ADDITIONAL CONTRIBUTIONS BROUGHT TO THE ORGANIZATION DURING THE YEAR AS WELL AS PERFORMANCE.
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.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 9 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401349349306495
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