Industry Improvement And Advancement Fund
- Assets
- $234.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Endicott, NY
- Founding
- 07/2010
- Data as of
- 12/2022
- EIN
- 27-6566877
Organization Overview
Industry Improvement And Advancement Fund is located in Endicott, NY. The organization was established in 2010. 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 Improvement And Advancement Fund 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, Industry Improvement And Advancement Fund generated $79.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $81.7k during the year ending 12/2022. While expenses have increased by 11.6% per year over the past 8 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE FOR THE PROMOTION AND PROTECTION OF THE INTERESTS OF ITS MEMBERS AND THE PLUMBING, HEATING AND COOLING INDUSTRY, IN ACCORDANCE WITH SECTION 302 OF THE TAFT HARDLEY ACT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Taylor Trustee | 5 | $0 | |
Keven Phillips Trustee | 5 | $0 | |
Marty Quarella Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $63,688 |
| Investment income | $10,181 |
| Gain or Loss | $6,059 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $79,928 |
| 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 | $6,689 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $81,689 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $234,661 |
| Other assets | $0 |
| Total assets | $234,661 |
| Total liabilities | $0 |
| Net assets or fund balances | $234,661 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gs1 Go Gsmp Inc Ewing, NJ | $1,816,675 | $9,656,925 |
Rockland Paradmedic Services Inc Chestnut Ridge, NY | $9,826,544 | $8,654,302 |
Valley Forge Convention & Visitors Bureau Ltd King Of Prussia, PA | $5,553,675 | $9,336,877 |
New York State Society Of Cpas New York, NY | $15,747,345 | $10,100,943 |
My Sisters Place Inc White Plains, NY | $7,100,374 | $7,997,119 |
The Partnership For New York City Inc New York, NY | $50,256,117 | $10,277,356 |
Cat Nms Llc New York, NY | $0 | $6,303,484 |
Iab Technology Laboratory Inc New York, NY | $6,942,203 | $8,765,752 |
Hotel Association Of New York City Inc New York, NY | $10,787,267 | $6,155,523 |
The National Academy Of Television Arts And Sciences Inc New York, NY | $5,641,470 | $7,599,158 |
Council Of The Americas Inc New York, NY | $5,218,204 | $7,617,937 |
Materials Research Society Warrendale, PA | $13,527,707 | $7,097,114 |