International Wood Collectors Society
- Assets
- $268.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Port Byron, IL
- Founding
- 01/1951
- Data as of
- 05/2022
- EIN
- 31-0621679
Organization Overview
International Wood Collectors Society is located in Port Byron, IL. The organization was established in 1951. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Wood Collectors Society is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2022, International Wood Collectors Society generated $54.1k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $40.0k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 6 years. 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
PUBLISHES SIX JOURNALS PER YEAR. THE PUBLICATION, WORLD OF WOOD, IS FILLED WITH ARTICLES ABOUT WOOD. THE ARTICLES ARE FROM VARIOUS PARTS OF THE WORLD. HOLD LOCAL MEETINGS FOR EDUCATIONAL PURPOSES FOR MEMBERS AND LOCAL CITIZENS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Dickherber Treasurer | 30 | $0 | |
Gary Green 1st Past Pres | 5 | $0 | |
Daryle Layton Endowment Chair | 5 | $0 | |
Art Lee Website Chair | 5 | $0 | |
Willem Hurkmans Publication Cha | 10 | $0 | |
Christine Henning Treasurer | 37 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $20,000 |
| Investment income | $2,050 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $54,050 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $800 |
| Professional fees and other payments to independent contractors | $12,010 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $20,600 |
| Other expenses | $6,550 |
| Total expenses | $39,960 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $268,625 |
| Other assets | $0 |
| Total assets | $268,625 |
| Total liabilities | $0 |
| Net assets or fund balances | $268,625 |