Nlgi
- Assets
- $2.9m
- Revenue
- $1.2m
- Investments
- $2.1m
- Employees
- 2
- Location
- Liberty, MO
- Founding
- 10/1955
- Data as of
- 12/2021
- 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 12/2021, Nlgi employed 2 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 12/2021, Nlgi generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $859.4k during the year ending 12/2021. While expenses have increased by 2.8% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
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 |
|---|---|---|---|
Crystal O'halloran Executive Director | Officer | 40 | $131,300 |
Chuck Coe Board Member | Trustee | 1 | $36,750 |
Dr Anoop Kumar Vice President | OfficerTrustee | 1 | $0 |
Jim Hunt President | OfficerTrustee | 1 | $0 |
Joseph Kaperick Past President | OfficerTrustee | 1 | $0 |
Tom Schroeder Treasurer | OfficerTrustee | 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 | $1,036,891 |
| Investment income | $59,601 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $114,373 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,210,865 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $42,878 |
| 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. | $148,926 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $59,261 |
| Pension plan accruals and contributions | $3,193 |
| Other employee benefits | $6,799 |
| Payroll taxes | $14,445 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $27,723 |
| Fees for services: Accounting | $2,183 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $45,379 |
| Advertising and promotion | $600 |
| Office expenses | $37,775 |
| Information technology | $27,175 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $9,764 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $384,014 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,096 |
| Insurance | $10,951 |
| All other expenses | $0 |
| Total functional expenses | $859,367 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $263,237 |
| Savings and temporary cash investments | $402,201 |
| 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 | $232 |
| Investments—publicly traded securities | $163,915 |
| Investments—other securities | $2,108,465 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,938,050 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $165,224 |
| 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 | $165,224 |
| Net assets without donor restrictions | $2,772,826 |
| 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 | $2,938,050 |
Grants Awarded
Over the last fiscal year, Nlgi has awarded $42,878 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AUBURN UNIVERSITY PURPOSE: INDUSTRY RESEARCH GRANT; SCHOLARSHIPS | $26,666 |
THE UNIVERSITY OF AKRON PURPOSE: INDUSTRY RESEARCH GRANT | $16,212 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Oklahoma City Chamber Of Commerce Oklahoma City, OK | $12,639,674 | $12,068,118 |
Chamber Of Commerce Metropolitan Tulsa Tulsa, OK | $9,253,345 | $10,228,951 |
German-American Chamber Of Commerce Of The Midwest Chicago, IL | $9,537,423 | $9,672,106 |
The Chicago Association Of Realtors Inc Chicago, IL | $11,107,922 | $7,821,690 |
Illinois Small Business Growth Corporation Springfield, IL | $2,478,514 | $7,890,542 |
Mainstreet Organization Of Realtors Downers Grove, IL | $23,598,352 | $9,176,226 |
International Society Of Transport Aircraft Traders Chicago, IL | $15,949,487 | $6,305,891 |
Commercial Real Estate Women Network Lawrence, KS | $20,981,999 | $6,251,461 |
Sevierville Chamber Of Commerce Inc Sevierville, TN | $2,086,252 | $5,895,528 |
Better Business Bureau Of Greater St Louis Inc St Louis, MO | $4,281,553 | $5,139,066 |
Louisville Chamber Of Commerce Inc Louisville, KY | $4,510,911 | $5,726,033 |
Springfield Convention And Visitors Springfield, MO | $1,284,082 | $4,581,352 |