Awards And Personalization Association
- Assets
- $915.9k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 09/1971
- Data as of
- 07/2023
- EIN
- 23-7114093
Organization Overview
Awards And Personalization Association is located in Chicago, IL. The organization was established in 1971. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Awards And Personalization Association 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 07/2023, Awards And Personalization Association generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $1.4m during the year ending 07/2023. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MAJOR ACTIVITIES OF APA ARE:TRADE SHOW, INSIGHTS MAGAZINE, DIRECTORY AND MEMBER SERVICES AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER SERVICES AND EDUCATION - ACHIEVEMENTS WERE: APA PROVIDED MEMBERS WITH INDUSTRY INFORMATION THROUGH THEIR WEBSITE AND EDUCATION THROUGH WEBINARS AND LIVE EDUCATION EVENTS.
INSIGHTS MAGAZINE - ACHIEVEMENTS WERE: PROVIDED INFORMATIVEARTICLES AND INFORMATION REGARDING INDUSTRY TRENDS, PROCESSES ANDPRODUCTS TO BOTH MEMBERS AND NONMEMBERS IN THE AWARDS AND PERSONALIZATIONINDUSTRY.
TRADE SHOWS - THE LAS VEGAS INTERNATIONAL AWARDS & PERSONALIZATION EXPO IS HELD ANNUALLY. THE LAS VEGAS SHOW BRINGS APPROXIMATELY 2,000 ATTENDEES AND HOSTS OVER 200 EXHIBITORS TO SHOWCASE THEIR BUSINESS IN THE AWARDS & PERSONALIZED PRODUCTS INDUSTRY. PROVIDE EDUCATIONAL SEMINARS TO EDUCATE MEMBER AND NON MEMBER ATTENDEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Higginbotham Past President | OfficerTrustee | 5 | $0 |
John Stangle President | OfficerTrustee | 5 | $0 |
Greg Azorsky Director | Trustee | 2 | $0 |
Mark Case Director | Trustee | 2 | $0 |
Wilson Brim Director | Trustee | 2 | $0 |
Darin Jones Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Association Management Center Management Services | 7/30/23 | $782,700 |
Association Management Center Publication & Other | 7/30/23 | $13,816 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $50,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,000 |
| Total Program Service Revenue | $1,138,003 |
| Investment income | $17,850 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,378 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,212,432 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $768,300 |
| Fees for services: Legal | $3,779 |
| Fees for services: Accounting | $7,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,183 |
| Fees for services: Other | $146,404 |
| Advertising and promotion | $0 |
| Office expenses | $3,482 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $15,005 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,388 |
| All other expenses | $139,243 |
| Total functional expenses | $1,376,979 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $199,749 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $114,968 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $58,184 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $540,522 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,461 |
| Total assets | $915,884 |
| Accounts payable and accrued expenses | $55,910 |
| Grants payable | $0 |
| Deferred revenue | $419,471 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $475,381 |
| Net assets without donor restrictions | $440,503 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $915,884 |