Industrial Areas Foundation

Organization Overview

Industrial Areas Foundation is located in Chicago, IL. The organization was established in 1941. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, Industrial Areas Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Industrial Areas Foundation 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 12/2022, Industrial Areas Foundation generated $2.0m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

IAF LEADERS AND ORGANIZERS FIRST CREATE INDEPENDENT ORGANIZATIONS, MADE UP OF PEOPLE FROM ALL RACES AND ALL CLASSES, FOCUSED ON PRODUCTIVE IMPROVEMENTS IN THE PUBLIC ARENA. IAF MEMBERS THEN USE THOSE NEW POLITICAL REALITIES TO INVENT AND ESTABLISH NEW SOCIAL REALITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORT, TRAINING AND CONVENTIONS SERVING SPONSORING ORGANIZATIONS


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Board, Officers & Key Employees

Name (title)Compensation
Georgianna Gleason
Chair
$0
Bishop Joel N Martinez
Secretary/co-Chair
$0
Eduardo Anaya
Treasurer
$0
Robert J Moriarty
Director
$0
Mary Beth Rogers
Director
$0
Yusufi Vali
Director
$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$526,004
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$526,004
Total Program Service Revenue$1,492,949
Investment income $8,367
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 $2,027,320

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