Chicago Bolt Nut And Screw Association

Organization Overview

Chicago Bolt Nut And Screw Association is located in Lake Zurich, IL. The organization was established in 1984. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Bolt Nut And Screw Association 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 12/2021, Chicago Bolt Nut And Screw Association generated $275.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $240.7k during the year ending 12/2021. While expenses have increased by 4.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TRADE SERVICE ORGANIZATION FOR FASTENER INDUSTRY IN THE MIDWEST AREA

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONFERENCES AND MEETINGS PROVIDE MEMBERS THE OPPORTUNITY TO DISCUSS INDUSTRY MATTERS AND TO PROMOTE PRODUCTS AND SERVICES OF THE FASTENER INDUSTRY


SEMINARS AND EDUCATION COURSES PROVIDE KNOWLEDGE AND SKILLS OF THE FASTENER INDUSTRY TO MEMBERS AND EDUCATE THOSE ATTENDING THE COURSES CONCERNING NEW PRODUCTS AND SERVICES RELATED TO THE ASSOCIATIONS EXEMPT ACTIVITIES.


TRADE SHOWS ALLOW MEMBERS TO PROMOTE THE PRODUCTS THEY SELL.


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Board, Officers & Key Employees

Name (title)Compensation
Nancy Rich
Executive Director
$83,000
George Hunt
President
$0
Matt Delawder
Vice President
$0
Bob Baer
Treasurer
$0
Jake Davis
Secretary
$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$241,753
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $14,116
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $275,349

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