Warehousing Education & Research Council
- Assets
- $0.0
- Revenue
- $22.1k
- Investments
- $0.0
- Employees
- 5
- Location
- Oak Brook, IL
- Founding
- 09/1978
- Data as of
- 07/2020
- EIN
- 36-2933538
Organization Overview
Warehousing Education & Research Council is located in Oak Brook, IL. The organization was established in 1978. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 07/2020, Warehousing Education & Research Council employed 5 individuals. Warehousing Education & Research Council 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 07/2020, Warehousing Education & Research Council generated $22.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (59.0%) each year. All expenses for the organization totaled $93.3k during the year ending 07/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE EDUCATION, INNOVATION, SAFETY, AND RESEARCH WITHIN THE WAREHOUSING AND LOGISTIC INDUSTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONFERENCE: A REGULAR, ANNUAL CONFERENCE OPEN TO ALL COUNCIL MEMBERS FOR THE PURPOSE OF EXCHANGING IDEAS AND INFORMATION RELATED TO THE WAREHOUSE INDUSTRY.
EDUCATION/RESEARCH WENINARS: WEBINARS OPEN TO ALL COUNCIL MEMBERS TO TEACH IMPLEMENTATION AND DISSEMINATION OF NEW TECHNIQUES AND TRENDS WITHIN THE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Mikitka Chief Execut | Officer | 40 | $14,434 |
Annette Danek-Akey Past Preside | OfficerTrustee | $0 | |
Gerald Perritt President | OfficerTrustee | $0 | |
Jason Minghini Vice-Preside | OfficerTrustee | $0 | |
Tom Hotze Secretary/tr | OfficerTrustee | $0 | |
Jeremy Banta Director | Trustee | $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 | $22,018 |
| Investment income | $44 |
| 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 | $22,062 |
| 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. | $19,072 |
| Compensation of current officers, directors, key employees. | $3,815 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,138 |
| Pension plan accruals and contributions | $780 |
| Other employee benefits | $3,291 |
| Payroll taxes | $952 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10 |
| Fees for services: Accounting | $525 |
| 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 | $728 |
| Information technology | $8,274 |
| Royalties | $0 |
| Occupancy | $2,047 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,145 |
| Insurance | $5,322 |
| All other expenses | $200 |
| Total functional expenses | $93,305 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Illinois Association Of School Boards Springfield, IL | $19,198,603 | $11,091,944 |
Missouri National Education Association Jefferson City, MO | $11,252,448 | $8,353,095 |
American College Of Foot And Ankle Surgeons Chicago, IL | $15,138,521 | $7,600,538 |
National Council Of Teachers Of English Champaign, IL | $46,879,367 | $7,632,067 |
Charter School Of The Dunes Inc Gary, IN | $14,167,237 | $8,545,161 |
Wisconsin Education Association Council Madison, WI | $12,509,404 | $6,898,296 |
Indiana Association For The Education Of Children Inc Indianapolis, IN | $1,546,703 | $6,038,887 |
American College Of Osteopathic Family Physicians Inc Arlington Heights, IL | $12,356,317 | $6,528,477 |
Association Of School Business Officials International Dekalb, IL | $5,714,623 | $4,805,268 |
New Prairie United School Building Corporation New Carlisle, IN | $68,234,946 | $7,118,037 |
Actuarial Foundation Schaumburg, IL | $9,127,147 | $3,775,493 |
Kentucky School Boards Association Frankfort, KY | $5,168,377 | $3,527,131 |