Independent Millwright Contractors Assn - Mn & N D Indus Promo Fund
- Assets
- $426.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mendota Heights, MN
- Founding
- 10/1983
- Data as of
- 12/2022
- EIN
- 41-1433285
Organization Overview
Independent Millwright Contractors Assn - Mn & N D Indus Promo Fund is located in Mendota Heights, MN. The organization was established in 1983. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Independent Millwright Contractors Assn - MN & N D Indus Promo 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, Independent Millwright Contractors Assn - MN & N D Indus Promo Fund generated $91.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $70.0k during the year ending 12/2022. While expenses have increased by 5.1% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE FUND PROMOTES INDUSTRY EDUCATION TRAINING, PUBLIC RELATIONS, AND PROMOTIONS. THESE PROGRAMS EXPAND THE MILLWRIGHT INDUSTRY, IMPROVE EMPLOYEE-UNION RELATIONS AND INCREASE CONTRIBUTIONS BY THE INDUSTRY TO THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andy Lawrence Chair | 1 | $0 | |
Josh Dooley Vice Chair | 1 | $0 | |
Shawn Cotter Secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $24,584 |
| Investment income | $12,117 |
| Gain or Loss | $55,236 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $91,937 |
| 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 | $20,764 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $49,217 |
| Total expenses | $69,981 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,547 |
| Other assets | $0 |
| Total assets | $426,028 |
| Total liabilities | $0 |
| Net assets or fund balances | $426,028 |