Nlgi
- Assets
- $2.7m
- Revenue
- $1.4m
- Investments
- $2.0m
- Employees
- 4
- Location
- Liberty, MO
- Founding
- 10/1955
- Data as of
- 12/2022
- EIN
- 44-0569600
Organization Overview
Nlgi is located in Liberty, MO. The organization was established in 1955. 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. As of 12/2022, Nlgi employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nlgi 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, Nlgi generated $1.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. While expenses have increased by 7.8% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OBTAIN & DISSEMINATE INFORMATION REGARDING GREASE USE AND PRODUCTS; PUBLISHING OF GREASE TRADE MAGAZINE BI-MONTHLY
Describe the Organization's Program Activity:
Part 3 - Line 4a
OBTAIN & DISSEMINATE INFORMATION REGARDING GREASE USE AND PRODUCTS; PUBLISHING OF GREASE TRADE MAGAZINE BI-MONTHLY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chad Chichester Treasurer | OfficerTrustee | 1 | $0 |
Chuck Coe Board Member | Trustee | 1 | $58,355 |
Dr Anoop Kumar President | OfficerTrustee | 1 | $0 |
Dwaine Greg Morris Board Member | Trustee | 1 | $0 |
Jim Hunt Immediate Past President | OfficerTrustee | 1 | $0 |
John Sander Board Member | Trustee | 1 | $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 | $1,273,232 |
| Investment income | $71,620 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $14,835 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,359,687 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,000 |
| 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. | $183,530 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $143,925 |
| Pension plan accruals and contributions | $6,800 |
| Other employee benefits | $10,950 |
| Payroll taxes | $22,392 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,510 |
| Fees for services: Accounting | $12,309 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $144,478 |
| Advertising and promotion | $11,261 |
| Office expenses | $72,594 |
| Information technology | $13,878 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $44,263 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $496,616 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,067 |
| Insurance | $9,018 |
| All other expenses | $0 |
| Total functional expenses | $1,290,309 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $263,137 |
| Savings and temporary cash investments | $297,178 |
| 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 | $9,213 |
| Investments—publicly traded securities | $187,859 |
| Investments—other securities | $1,952,740 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,710,127 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $224,704 |
| 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 | $224,704 |
| Net assets without donor restrictions | $2,485,423 |
| 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 | $2,710,127 |
Grants Awarded
Over the last fiscal year, Nlgi has awarded $50,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AUBURN UNIVERSITY PURPOSE: INDUSTRY RESEARCH GRANT; SCHOLARSHIPS | $33,333 |
UNIVERSITY OF CALIFORNIA MERCED PURPOSE: INDUSTRY RESEARCH GRANT | $16,667 |