Industry Promotional Fund Inc

Organization Overview

Industry Promotional Fund Inc is located in Old Bridge, NJ. The organization was established in 2011. 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. Industry Promotional Fund Inc 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 05/2024, Industry Promotional Fund Inc generated $71.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $45.0k during the year ending 05/2024. While expenses have increased by 3.6% 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

2024

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION WILL NEGOTIATE AND ENTER INTO COLLECTIVE BARGAINING AGREEMENTS WITH VARIOUS UNIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION WILL NEGOTIATE AND ENTER INTO COLLECTIVE BARGAINING AGREEMENTS WITH VARIOUS UNIONS REPRESENTING THE EMPLOYEES OF THE MEMBERS OF THE ASSOCIATION ON BEHALF OF SUCH MEMBERS. THE ASSOCIATION WILL DISSEMINATE PERTINENT INFORMATION CONCERNING THE INDUSTRY TO ITS MEMBERS. THE ASSOCIATION WILL KEEP MEMBERS ABREAST OF LEGAL DEVELOPMENTS WHICH MAY AFFECT THEIR REPONSIBILITES AND THE CONDUCT OF THEIR ENTERPRISES.


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Board, Officers & Key Employees

Name (title)Compensation
Edmund Greco
President
$0
Scott Casabona
Vice-President
$0

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$67,553
Investment income $4,182
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 $71,735

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