Illinois Federation Of Business Womens Clubs Inc
- Assets
- $419.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Carlyle, IL
- Founding
- 01/1968
- Data as of
- 05/2023
- EIN
- 36-2510701
Organization Overview
Illinois Federation Of Business Womens Clubs Inc is located in Carlyle, IL. The organization was established in 1968. According to its NTEE Classification (S81) the organization is classified as: Womens Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. Illinois Federation Of Business Womens Clubs 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 05/2023, Illinois Federation Of Business Womens Clubs Inc generated $16.5k 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 (4.7%) each year. All expenses for the organization totaled $19.6k during the year ending 05/2023. As we would expect to see with falling revenues, expenses have declined by (12.0%) per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
DURING THE CONVENTION, LEADERSHIP CONFERENCE, AND INTERIM BOARD, THE ORGANIZATION CONDUCTS WORKSHOPS AND HAS INDIVIDUAL TRAINING PROGRAMS TO HELP WOMEN POLITICALLY, PROFESSIONALLY, AND PERSONALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carrie Perkins Schnicker President | 1 | $0 | |
Carol Burk Treasurer | 2 | $0 | |
Amanda Spade Finance Chair | 1 | $0 | |
Cherie Kesler Education Chair | 1 | $0 | |
Barb Yong Legislation Chr | 1 | $0 | |
Tammy Resch Member Rep | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,476 |
| Total Program Service Revenue | $1,773 |
| Membership dues | $0 |
| Investment income | $11,280 |
| Gain or Loss | -$85 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $50 |
| Total Revenue | $16,494 |
| 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 | $5,145 |
| Occupancy, rent, utilities, and maintenance | $378 |
| Printing, publications, postage, and shipping | $79 |
| Other expenses | $13,981 |
| Total expenses | $19,583 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $417,257 |
| Other assets | $0 |
| Total assets | $419,849 |
| Total liabilities | $225 |
| Net assets or fund balances | $419,624 |