Inland Press Association
- Assets
- $309.8k
- Revenue
- $782.4k
- Investments
- $0.0
- Employees
- 5
- Location
- Des Plaines, IL
- Founding
- 11/1938
- Data as of
- 12/2018
- EIN
- 36-1262612
Organization Overview
Inland Press Association is located in Des Plaines, IL. The organization was established in 1938. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2018, Inland Press Association employed 5 individuals. Inland Press 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 12/2018, Inland Press Association generated $782.4k 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 (4.0%) each year. All expenses for the organization totaled $945.9k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (1.4%) 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
RESEARCH AND EDUCATION RELATING TO THE NEWSPAPER PUBLISHING INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEETINGS AND CONVENTIONS: 1 MEETING WITH 176 IN ATTENDANCE WHICH EDUCATED PARTICIPANTS IN CURRENT NEWSPAPER INDUSTRY RELATED TOPICS.
PUBLICATION: THE INLANDER. APPROXIMATELY 1,733 SUBSCRIBERS RECEIVE THE INLANDER - A MONTHLY PUBLICATION THAT INFORMS NEWSPAPER EMPLOYEES OF INLAND PROGRAMMING AND PROVIDES PRACTICAL ADVICE FOR NEWSPAPER OPERATIONS.
OTHER COMMITTEE, BOARD AND SERVICE ACTIVITIES: BOARD MEETINGS AND VARIOUS BOARD ACTIVITIES. BOARD MEETS TO DISCUSS STATUS OF THE ASSOCIATION AS WELL AS PLAN FOR THE UPCOMING YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cory Bollinger Vice President | OfficerTrustee | 0 | $0 |
Virginia Cowenhoven Director | Trustee | 0 | $0 |
Alan Fisco Director | Trustee | 0 | $0 |
Conan Gallaty Director | Trustee | 0 | $0 |
Rick O'connor Director | Trustee | 0 | $0 |
Douglas Hiemstra Chairman | OfficerTrustee | 0 | $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 | $782,430 |
| Investment income | $0 |
| 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 | $782,430 |
| 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 | $301,277 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $32,720 |
| Payroll taxes | $22,407 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,856 |
| Travel | $13,471 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $163,874 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,680 |
| Insurance | $2,703 |
| All other expenses | $66,718 |
| Total functional expenses | $945,855 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $153,197 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $41,015 |
| 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 | $78,926 |
| Net Land, buildings, and equipment | $2,476 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $34,179 |
| Total assets | $309,793 |
| Accounts payable and accrued expenses | $134,419 |
| Grants payable | $0 |
| Deferred revenue | $453,292 |
| 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 | $587,711 |
| Unrestricted restricted net Assets | -$277,918 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | -$277,918 |