Industrial & Commercial Ministries Inc
- Assets
- $248.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Harrisonburg, VA
- Founding
- 08/1972
- Data as of
- 12/2022
- EIN
- 54-0995038
Organization Overview
Industrial & Commercial Ministries Inc is located in Harrisonburg, VA. The organization was established in 1972. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Industrial & Commercial Ministries Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Industrial & Commercial Ministries Inc generated $79.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $70.1k during the year ending 12/2022. While expenses have increased by 3.1% 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
TRAINING LAY PEOPLE AND CLERGY TO BECOME INDUSTRIAL CHAPLAINS TO SERVE A MINIMUM OF 4 VOLUNTEER HOURS PER WEEK AND PLACING VOLUNTEER CHAPLAINS IN INDUSTRIAL AND COMMERCIAL FACILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wayne A Wright Executive Di | 20 | $33,500 | |
Pam Bergy Vice Chair | 1 | $0 | |
Paul Cline Chairman | 1 | $0 | |
John Lasher Director | 1 | $0 | |
Alfred Lilliendahl Director | 1 | $0 | |
Richard Mcdowell Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,680 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,238 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $572 |
| Total Revenue | $79,490 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $50,128 |
| Professional fees and other payments to independent contractors | $3,153 |
| Occupancy, rent, utilities, and maintenance | $5,700 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,456 |
| Total expenses | $70,062 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $247,956 |
| Other assets | $0 |
| Total assets | $248,456 |
| Total liabilities | $0 |
| Net assets or fund balances | $248,456 |