Illinois Regional Insulation Contractors Industry Fund

Organization Overview

Illinois Regional Insulation Contractors Industry Fund is located in Schaumburg, IL. The organization was established in 1968. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 12/2022, Illinois Regional Insulation Contractors Industry Fund employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Regional Insulation Contractors Industry Fund 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, Illinois Regional Insulation Contractors Industry Fund generated $264.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $293.0k 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

AN EDUCATIONAL RESOURCE TO PROMOTE MECHANICAL INSULATION AND FIRESTOPPING, AND FURTHER EDUCATE UNION EMPLOYEES. THE ASSOCIATION CONDUCTS WORKSHOPS, CONFERENCES AND SEMINARS, AS WELL AS ISSUING VARIOUS NEWSLETTERS THROUGHOUT THE YEAR.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTION OF MECHANICAL INSULATION & FIRESTOPPING AND EDUCATING UNION EMPLOYEES THROUGH WORKSHOPS, CONFERENCES, AND SEMINARS.


PROMOTION OF MECHANICAL INSULATION & FIRESTOPPING AND EDUCATING UNION EMPLOYEES THROUGH WORKSHOPS, CONFERENCES, AND SEMINARS.


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Board, Officers & Key Employees

Name (title)Compensation
Peter Castellarin
President
$0
Mike Dettmann
Secretary
$0
Dan Kraemer
Treasurer
$0
Jeff Corrado
Executive Di
$54,000
Ed Stevens
Director
$0
Paul Ottolino
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$225,240
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$225,240
Total Program Service Revenue$0
Investment income $22,805
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 $264,374

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