International Society Of Weighing & Measurement Inc is located in Fairmont, MN. The organization was established in 1966. 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 a parent organization of an affiliated group for tax-exemption purposes. International Society Of Weighing & Measurement 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 12/2022, International Society Of Weighing & Measurement Inc generated $75.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $71.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ryan Fox Executive Ct | 0 | $0 | |
John Hughes VP & Treasur | 0 | $0 | |
Steve Mizerak Executive Ct | 0 | $0 | |
Jerry Finnegan Past Preside | 0 | $0 | |
Carlos Lares Ponce Gvnr Xx, Int | 0 | $0 | |
Robert Woodward Gvnr Xxi Man | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $68,103 |
Total Program Service Revenue | $6,750 |
Membership dues | $750 |
Investment income | $47 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $75,650 |
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 | $3,600 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $49 |
Other expenses | $67,468 |
Total expenses | $71,117 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $149,401 |
Other assets | $0 |
Total assets | $207,036 |
Total liabilities | $99,875 |
Net assets or fund balances | $107,161 |
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