International Association Of Movers
- Assets
- $2.2m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 14
- Location
- Alexandria, VA
- Founding
- 05/1964
- Data as of
- 12/2021
- EIN
- 52-0749892
Organization Overview
International Association Of Movers is located in Alexandria, VA. The organization was established in 1964. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, International Association Of Movers employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Association Of Movers 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, International Association Of Movers generated $4.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $4.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION'S PURPOSE IS TO FURTHER THE PUBLIC INTEREST AND MAINTAIN HIGH STANDARDS OF SERVICE IN THE MOVING INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE INTERNATIONAL ASSOCIATION OF MOVERS REPRESENTS FORWARDERS WHO HANDLE DEPTARTMENT OF DEFENSE, OTHER GOVERNMENTAL AND COMMERCIAL HOUSEHOLD SHIPMENTS. FOUNDED IN 1962, IAM IS DEDICATED TO FOSTERING AN INDUSTRY WIDE COMMITMENT TO THE HIGHEST STANDARDS OF INTERNATIONAL HOUSEHOLD GOODS MOVING SERVICES. IAM WORKS CLOSELY WITH THE U.S. CONGRESS, DEPT. OF DEFENSE, FEDERAL AGENCIES AND OTHERS TO ENSURE AN ENVIRONMENT THAT ALLOWS THE INDUSTRY TO QUICKLY AND EFFICIENTLY RESPOND TO THE NEEDS OF AMERICA'S MILITARY, FEDERAL GOVERNMENT AND PRIVATE COMMERCIAL SHIPPERS. IAM HAS TAKEN THE LEAD IN DEVELOPING INNOVATIVE PROGRAMS THAT CUT COSTS AND INCREASE SECURITY, SUCH AS THE INTRODUCTION OF REUSABLE "LIFTVANS AND A SPECIAL "HIGH RISK" PROGRAM THAT ASSIGNS RESPONSIBILITY AND INSTALLS SPECIAL PROCEDURES FOR THE REDUCTION OF LOSS AND DAMAGE OF VALUABLE PERSONAL GOODS. IAM'S TRAINING PROGRAMS ALSO HELP IMPROVE PACKING, LOADING AND OTHER HOUSEHOLD MOVING SKILLS FOR FORWARDERS, AGENTS AND THEIR SERVICE PERSONNEL THROUGHOUT THE WORLD TO FURTHER ENSURE THE TIMELY, COST-EFFECTIVE, AND SECURE HANDLING OF GOODS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles L White President | Officer | 40 | $342,039 |
Daniel Bradley Dir. Of Gov't & Military R | Officer | 40 | $177,500 |
Steve Cox Director Of Finance | Officer | 40 | $170,670 |
Brian Limperopulos Vice President | Officer | 40 | $152,669 |
Julia O'connor Director, Membership & Dat | 40 | $126,000 | |
John Burrows Vice Chair | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Precon Visual Annual Meeting Audio-video Svcs | 12/30/21 | $366,589 |
Meeting Management Services Inc Meeting Planning | 12/30/21 | $190,129 |
Pace Llp Consulting | 12/30/21 | $133,411 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $404,282 |
| 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 | $404,282 |
| Total Program Service Revenue | $3,601,948 |
| Investment income | $15,017 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,063,875 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $1,016,953 |
| Compensation of current officers, directors, key employees. | $203,390 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $587,355 |
| Pension plan accruals and contributions | $52,060 |
| Other employee benefits | $143,560 |
| Payroll taxes | $92,949 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,187 |
| Fees for services: Accounting | $14,410 |
| Fees for services: Lobbying | $133,558 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $103,148 |
| Advertising and promotion | $4,980 |
| Office expenses | $64,403 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $161,285 |
| Travel | $69,589 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,254,114 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $93,187 |
| Insurance | $3,448 |
| All other expenses | $32,910 |
| Total functional expenses | $4,210,748 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,204,693 |
| Savings and temporary cash investments | $532,164 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $52,771 |
| 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 | $69,002 |
| Net Land, buildings, and equipment | $312,725 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $38,299 |
| Total assets | $2,209,654 |
| Accounts payable and accrued expenses | $372,842 |
| Grants payable | $0 |
| Deferred revenue | $1,014,724 |
| 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 | $153,506 |
| Total liabilities | $1,541,072 |
| Net assets without donor restrictions | $668,582 |
| 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 | $2,209,654 |
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