National Industry & Administrative Fund is located in Fairfax, VA. The organization was established in 1981. 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. National Industry & Administrative 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 03/2022, National Industry & Administrative Fund generated $24.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.1%) each year. All expenses for the organization totaled $25.0k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (12.8%) per year over the past 7 years. 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
SUPPORTS INDUSTRY CONTRIBUTIONS TO PROMOTE, FOSTER AND ADVANCE THE INDUSTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Fred H Codding Trustee | 3 | $0 | |
Vic Cornellier Trustee | 3 | $0 | |
William Livingston Trustee | 3 | $0 | |
Beth O'quinn Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $24,251 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $24,251 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $17,350 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $5,600 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $2,044 |
Total expenses | $24,994 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $393 |
Net assets or fund balances | -$393 |
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