Michael Late Benedum Chapter Of The American Association Of
- Assets
- $178.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bridgeport, WV
- Founding
- 06/1999
- Data as of
- 06/2024
- EIN
- 55-0696837
Organization Overview
Michael Late Benedum Chapter Of The American Association Of is located in Bridgeport, WV. The organization was established in 1999. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michael Late Benedum Chapter Of The American Association Of 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 06/2024, Michael Late Benedum Chapter Of The American Association Of generated $65.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (15.4%) each year. All expenses for the organization totaled $84.3k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (11.3%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Michael Late Benedum Chapter Of The American Association Of has awarded 21 individual grants totaling $495,900. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
SEVERAL CONFERENCES AND MEETINGS WERE HELD DURING THE YEAR TO FOSTER FELLOWSHIP AND PROFESSIONALISM AS WELL AS PROVIDE CONTINUING EDUCATION FOR ATTENDEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Nixon President | 1 | $0 | |
Lhag Bowers Vice President | 1 | $0 | |
Kevin Pierson Treasurer | 1 | $0 | |
John Catsonis Secretary | 1 | $0 | |
Stacy Tichy Sergeant-At-Arms | 1 | $0 | |
Ben Mckinney Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,140 |
| Total Program Service Revenue | $0 |
| Membership dues | $25,900 |
| Investment income | $4,033 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $170 |
| Total Revenue | $65,243 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $19,644 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,000 |
| Other expenses | $48,704 |
| Total expenses | $84,348 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $121,313 |
| Other assets | $0 |
| Total assets | $178,291 |
| Total liabilities | $0 |
| Net assets or fund balances | $178,291 |
Grants Awarded
Over the last fiscal year, Michael Late Benedum Chapter Of The American Association Of has awarded $146,900 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BIG BROTHERS BIG SISTERS PURPOSE: CONTRIBUTION TO ASSIST WITH BIG BROTHERS BIG SISTERS | $33,000 |
MLBC FOUNDATION PURPOSE: CONTRIBUTION TO ASSIST MLBC FOUNCATION INC | $49,900 |
WVU FOUNDATION PURPOSE: CONTRIBUTION TO ASSIST WVU FOUNDATION | $64,000 |