Det Norske Veritas in Houston, Texas (TX)

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Det Norske Veritas
Employer Identification Number (EIN)135028015
Name of OrganizationDet Norske Veritas
Address16340 Park Ten Pl Ste 100, Houston, TX 77084-5143
ActivitiesBusiness promotion (chamber of commerce, business league, etc.), Research, development and testing, Testing products for public safety
SubsectionBusiness League
Ruling Date04/1952
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationAssociation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2006
Assets$500,000 to $999,999
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$522,029
Amount of Income$36,961,593
Form 990 Revenue Amount$31,813,531
National Taxonomy of Exempt Entities (NTEE)Environmental Quality, Protection and Beautification: Professional Societies, Associations


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Amount of income in 2006: $36,961,593
This organization: 

 $36,961,593
Other organizations performing similar types of work: 

 $269,152

Assets in 2006: $522,029
This organization: 

 $522,029
Other organizations performing similar types of work: 

 $222,843

Expenses in 2005: $17,956,913
Det Norske Veritas: 

 $17,956,913
Other organizations performing similar types of work: 

 $236,301

Income to expenses ratio in 2005: 1.1
Det Norske Veritas: 

 1.1
Other organizations performing similar types of work: 

 1.1

Number of employees in 2005: 81
Det Norske Veritas: 

 81
Other organizations performing similar types of work: 

 2

Employees paid over $50,000 in 2005: 0.0%
Det Norske Veritas: 

 0.0%
Other organizations performing similar types of work: 

 12.5%

Grants share in income in 2005: 0.0%
Det Norske Veritas: 

 0.0%
Other organizations performing similar types of work: 

 35.3%

Financial snapshot ($)

Revenue for 2005

Assets at end of 2005

Income-Producing Activities for 2005

Revenue, Expenses, and Changes in Net Assets or Fund Balances
200020012002200320042005
Total revenue$31,364,982$34,175,702$33,894,521$22,147,089$20,414,175$19,936,581
Contributions, gifts, grants, and similar amounts received$0$0$0$0$0$0
Contributions to donor advised funds
Direct public support$0$0$0$0$0$0
Indirect public support$0$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0$0
Program service revenue including government fees and contracts$30,735,108$33,632,384$33,640,667$21,957,265$20,262,349$19,679,709
Membership dues and assessments$0$0$0$0$0$0
Interest on savings and temporary cash investments$629,874$543,318$253,854$189,824$151,826$0
Dividends and interest from securities$0$0$0$0$0$256,872
Net rental income or (loss)$0$0$0$0$0$0
Gross rents$0$0$0$0$0$0
Less: rental expenses$0$0$0$0$0$0
Other investment income$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$0$0$0$0$0$0
Gross amount from sales of assets other than inventory$0$0$0$0$0$0
Less: cost or other basis and sales expenses$0$0$0$0$0$0
Net income or (loss) from special events and activities$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0
Other revenue$0$0$0$0$0$0
Total expenses$28,145,794$30,354,704$29,917,607$17,846,073$17,994,861$17,956,913
Program services$0$0$0$0$0$0
Management and general$0$0$0$0$0$0
Fundraising$0$0$0$0$0$0
Payments to affiliates$0$0$0$0$0$0
Net assets or fund balances at end of year$3,189,027$3,815,839$3,972,200$4,599,455$6,786,155$8,765,822
Excess or (deficit) for the year$3,219,188$3,820,998$3,976,914$4,301,016$2,419,314$1,979,668
Net assets or fund balances at beginning of year$3,096,217$3,189,027$3,815,839$3,972,200$4,599,455$6,786,154
Other changes in net assets or fund balances$-3,126,378$-3,194,186$-3,820,553$-3,673,761$-232,614$0
Statement of Functional Expenses (for 2005)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$17,956,913$0$0$0
Grants paid from donor advised funds
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$183,513$0$0$0
Compensation of former officers, directors, key employees, etc.
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Salaries and wages of employees not included above$7,226,345$0$0$0
Pension plan contributions not included above$310,210$0$0$0
Employee benefits not included above$660,503$0$0$0
Payroll taxes$562,340$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$0$0$0$0
Legal fees$114,841$0$0$0
Supplies$1,929$0$0$0
Telephone$273,047$0$0$0
Postage and shipping$76,569$0$0$0
Occupancy$592,726$0$0$0
Equipment rental and maintenance$67,879$0$0$0
Printing and publications$22,473$0$0$0
Travel$1,511,769$0$0$0
Conferences, conventions, and meetings$45,962$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$81,121$0$0$0
Other expenses not covered above$6,225,686$0$0$0
Balance Sheets
200020012002200320042005
Total assets$22,779,856$24,188,515$29,732,658$15,928,222$14,177,199$17,448,796
Cash - non-interest-bearing$460$459$16,567$429,524$703,170$356,706
Savings and temporary cash investments$12,081,285$18,769,944$19,066,377$4,568,235$7,270,901$11,466,402
Accounts receivable less allowance for doubtful accounts$4,180,393$4,113,596$2,627,610$2,611,952$1,449,816$1,754,579
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0$0
Grants receivable$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$21,295
Inventories for sale or use$0$0$0$0$0$0
Prepaid expenses and deferred charges$77,796$0$0$0$0$0
Investments - publicly-traded securities
Investments - other securities$0$0$0$0$0$0
Investments - land, buildings, and equipment less accumulated depreciation$267,133$0$0$0$0$0
Investments - other$0$0$0$0$0$0
Land, buildings, and equipment less accumulated depreciation$0$203,648$1,841,896$281,721$1,274,184$1,217,710
Other assets, including program-related investments$6,172,789$1,100,868$6,180,208$8,036,790$3,479,128$2,632,104
Total liabilities$19,590,829$20,372,676$25,760,458$11,328,767$7,391,044$8,682,974
Accounts payable and accrued expenses$6,815,577$2,044,379$2,777,647$0$0$74,288
Grants payable$0$0$0$0$0$0
Deferred revenue$0$0$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0
Mortgages and other notes payable$12,775,252$0$20,126,690$6,000,000$6,000,000$6,161,003
Other liabilities$0$18,328,297$2,856,121$5,328,767$1,391,044$2,447,683
Total liabilities and net assets/fund balances$22,779,856$24,188,515$29,732,658$15,928,222$14,177,199$17,448,796
Total net assets or fund balances$3,189,027$3,815,839$3,972,200$4,599,455$6,786,155$8,765,822
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
200020012002200320042005
Total revenue$0$0$0$0$0$19,936,581
Total revenue, gains, and other support per audited financial statements$0$0$0$0$0$19,936,581
Other expenses$0$0$0$0$0$0
Net unrealized gains on investments$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0
Other$0$0$0$0$0$0
Other revenue$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0
Other$0$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
200020012002200320042005
Total expenses$0$0$0$0$0$17,956,913
Total expenses and losses per audited financial statements$0$0$0$0$0$17,956,913
Other revenue$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0
Losses$0$0$0$0$0$0
Other$0$0$0$0$0$0
Other expenses$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0
Other$0$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings0
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?No
Did the organization make only in-house lobbying expenditures of $2,000 or less?No
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?No
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?
Did the organization acquire a direct or indirect interest in any applicable insurance contract?
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?
Number of employees employed in the pay period that includes March 12, 200681
Analysis of Income-Producing Activities (for 2005)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$256,872$19,679,709
Program service revenue
Program service revenue 1000000$000$0$19,679,709
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$256,872$0
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2005)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2005)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2005)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
The total number of donor advised funds owned at the end of the tax year
The aggregate value of assets held in all donor advised funds owned at the end of the tax year
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts
The aggregate value of assets held in all funds or accounts included above at the end of the tax year
Reason for Non-Private Foundation Status
The organization is not a private foundation because it is
Support Schedule
199920002001200220032004
Total$0$0$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0$0$0
Membership fees received$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0
Other income$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2005)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Det Norske Veritas16340 Park Ten Pl Ste 100, Houston, TX 77084-5143TX1952-04$36,961,593
2Sustainable Terminal Services Inc599 Avenue C, Bayonne, NJ 07002-3813NJ2011-06$2,423,454
3South Dakota Association Of Conservations Districts IncPO BOX 275, Pierre, SD 57501-0275SD1969-05$1,893,115
4Sustainable Atlanta Inc191 Peachtree St Ne No 3300, Atlanta, GA 30303GA2009-09$600,338
5Society Of Wetland Scientists Inc22 N Carroll St Ste 300, Madison, WI 53703-2798WI1994-05$551,489
6International Energy Program Evaluation Conference1428 Cloverly Ln, Rydal, PA 19046-1404PA2009-05$516,433
7Agenda 2020 Technology Alliance Inc1101 K Street Nw No 700, Washington, DC 20005-4210DC2013-01$404,745
8Western Resources Legal Center5100 Sw Macadam Ave Ste 350, Portland, OR 97239-3877OR2007-10$330,906
9American Biogas Council1211 Connecticut Ave Nw No 600, Washington, DC 20036-2705DC2012-06$297,041
10Efficiency First Inc, Efficiency First55 New Montgomery St Ste 802, San Francisco, CA 94105-3435CA2009-10$288,781
11Renewable Energy New England Inc2 Battle Square, Cambridge, MA 02138MA2011-09$242,664
12West Virginia Association Of Conservation Districts Inc742 Airport Road, Sutton, WV 26601WV2001-01$236,711
13North American Process Technology Alliance Napta1501 N Amburn Rd Ste 3, Texas City, TX 77591-2465TX2000-09$223,532
14Virginia Association Of Soil And Water Conservation Districts Educa7308 Hanover Green Dr Ste 100, Mechanicsvlle, VA 23111-1793VA1990-08$163,285
15Society For Conservation Gis Inc1327 Se Tacoma Street 232, Portland, OR 97202-6639OR1999-02$137,805
16Sustainable Resources Institute Inc1353 West Us 2 Room 2, Crystal Falls, MI 49920MI2005-03$117,424
17Massachusetts Land Trust Coalition18 Wolbach Rd, Sudbury, MA 01776-2429MA2010-10$114,906
18Citizens For Clean Energy Inc, Citizens For Clean Energy3333-24 Virginia Beach Blvd, Virginia Beach, VA 23452-5619VA2011-02$103,987
19The Western Clinton Sportmans AssociationPO BOX 1, Renovo, PA 17764-0001PA1996-06$98,246
20Rio Brazos Master Naturalist206 Northview Rd, Aledo, TX 76008TX2009-10$0
Number of organizations performing similar types of work
Alaska2
Alabama1
California7
Colorado2
Connecticut1
District of Columbia6
Delaware1
Florida1
Georgia1
Iowa2
Idaho1
Illinois2
Indiana1
Louisiana4
Massachusetts4
Maryland2
Maine1
Michigan4
Minnesota2
Missouri2
Mississippi1
North Carolina2
New Jersey2
New Mexico2
New York3
Oregon4
Pennsylvania6
South Dakota1
Texas3
Utah1
Virginia5
Vermont1
Washington2
Wisconsin3
West Virginia1
Total84

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