Illinois Automatic Merchandising Council
- Assets
- $158.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Burr Ridge, IL
- Founding
- 04/1969
- Data as of
- 12/2022
- EIN
- 23-7003697
Organization Overview
Illinois Automatic Merchandising Council is located in Burr Ridge, IL. The organization was established in 1969. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Automatic Merchandising Council is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Illinois Automatic Merchandising Council generated $11.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (20.6%) each year. All expenses for the organization totaled $40.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROMOTION OF VENDING IN ILLINOIS AND DISSEMINATION OF INFORMATION TO MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Goodwin Director | 0 | $0 | |
Mark Saverino Director | 0 | $0 | |
Linda Furlano President | 0 | $0 | |
Jim Patterson Director | 0 | $0 | |
Donnie Anderson Treasurer | 0 | $0 | |
Jennifer Fox Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $410 |
| Membership dues | $11,427 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $11,845 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $40,806 |
| Total expenses | $40,806 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $158,056 |
| Other assets | $0 |
| Total assets | $158,056 |
| Total liabilities | $0 |
| Net assets or fund balances | $158,056 |