Illinois Movers & Warehousemens
- Assets
- $292.9k
- Revenue
- $293.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, IL
- Founding
- 01/1960
- Data as of
- 10/2020
- EIN
- 37-0693510
Organization Overview
Illinois Movers & Warehousemens is located in Springfield, IL. The organization was established in 1960. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., 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. Illinois Movers & Warehousemens 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 10/2020, Illinois Movers & Warehousemens generated $293.3k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $298.2k during the year ending 10/2020. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 6 years. 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
TO AID, EDUCATE, AND INFORM MEMBERS REGARDING TRANSPORTATION, STORAGE, AND SMALL BUSINESS ISSUES; TO PROMOTE GOODWILL AND COOPERATION AMONG MEMBERS; AND TO ADVANCE IN EVERY WAY THE BEST INTERESTS OF THE GENERAL PUBLIC AND PROFESSIONALS LAWFULLY ENGAGED IN THE MOVING AND STORAGE BUSINESS IN ILLINOIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATE, AND INFORM MEMBERS REGARDING TRANSPORTATION, STORAGE, AND SMALL BUSINESS ISSUES.
TO AID, EDUCATE, AND INFORM MEMBERS REGARDING TRANSPORTATION, STORAGE, AND SMALL BUSINESS ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alex Petrusha President | OfficerTrustee | 5 | $0 |
Michael Illingworth Vice Preside | OfficerTrustee | 1 | $0 |
Jason Tate Secretary | OfficerTrustee | 1 | $0 |
Brian Dockery Immediate Pa | OfficerTrustee | 1 | $0 |
Dan Shunk Treasurer | OfficerTrustee | 1 | $0 |
Matthew W Hart Executive Di | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $6,414 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,026 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $29,955 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $293,312 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $5,750 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $219,540 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,500 |
| 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 | $7,400 |
| Information technology | $2,902 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $344 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $33,566 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,074 |
| Insurance | $4,768 |
| All other expenses | $0 |
| Total functional expenses | $298,190 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,139 |
| Savings and temporary cash investments | $248,752 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $100 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,631 |
| Prepaid expenses and deferred charges | $24,011 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $292,878 |
| Accounts payable and accrued expenses | $4,265 |
| 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 | $7,822 |
| Total liabilities | $12,087 |
| 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 |
| Total liabilities and net assets/fund balances | $280,791 |
Endowment Analysis
| Beg. Balance | $48,210 |
| Earnings | $1,376 |
| Grants | $750 |
| Ending Balance | $48,836 |
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