Compass Laboratory Leadership Group

Organization Overview

Compass Laboratory Leadership Group is located in Winnetka, IL. The organization was established in 2009. 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. Compass Laboratory Leadership Group 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 12/2023, Compass Laboratory Leadership Group generated $247.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $216.5k during the year ending 12/2023. While expenses have increased by 2.2% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE COMPASS GROUP (COMPASS) IS AN ORGANIZATION OF NOT-FOR-PROFIT IDN SYSTEM LABORATORY LEADERS WHO HAVE ESTABLISHED COLLABORATIVE RELATIONSHIPS TO IDENTIFY AND SHARE BEST PRACTICES AND STRATEGIES TO HELP ENSURE THE SURVIVAL OF THE NOT-FOR-PROFIT LABORATORY INDUSTRY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EXPENSES RELATED TO MEETINGS OF MEMBER ORGANIZATIONS TO DISCUSS VARIOUS TOPICS WITHIN THE FIELD OF BEHAVIORAL SCIENCES


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Board, Officers & Key Employees

Name (title)Compensation
Sterling Bennett
President
$0
Barb Bigler
Director At
$0
Wally Hendricks
Director At
$0
Stan Schofield
Vice Preside
$0
Greg Sossaman
Treasurer
$0
Sam Terese
Director At
$0

Financial Statements

Statement of Revenue
Federated campaigns$130,000
Membership dues$74,297
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$21,443
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$225,740
Total Program Service Revenue$0
Investment income $22,024
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $247,764

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