Ism Carolinas Virginia Inc is located in Chesapeake, VA. The organization was established in 1971. 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 06/2016, Ism Carolinas Virginia Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ism Carolinas Virginia Inc 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 06/2017, Ism Carolinas Virginia Inc generated $76.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (18.0%) each year. All expenses for the organization totaled $103.5k during the year ending 06/2017. As we would expect to see with falling revenues, expenses have declined by (17.0%) per year over the past 3 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCEMENT OF THE SUPPLY MANAGEMENT PROFESSION THROUGH EDUCATION IN THE FUNDAMENTALS OF PRODUCTION AND MARKETING, EFFECTIVE METHODS AND PRACTICES, COMMODITIES AND THEIR USES, AND SOURCES OF SUPPLY AND DISTRIBUTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCES, CONVENTION, AND SPECIAL COMMITTEE MEETINGS HELD FOR EDUCATIONAL PURPOSES.
PROVIDE SCHOLARSHIPS TO THOSE PURSUING A CAREER IN A SUPPLY CHAIN MANAGEMENT FIELD OF STUDY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Craig Demarest Past-Presidentdirector | OfficerTrustee | 2 | $0 |
Evan Nash Vice-President | OfficerTrustee | 1 | $0 |
Wanda Pugh-Trice Secretary | Officer | 1 | $0 |
Marlon Merritt Treasurer | Officer | 1 | $0 |
John Robinson Director | Trustee | 1 | $0 |
Jennifer Enlow Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
Total Program Service Revenue | $19,342 |
Membership dues | $51,565 |
Investment income | $157 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $76,064 |
Statement of Expenses | |
---|---|
Total expenses | $103,472 |
Balance Sheet | |
---|---|
Total assets | $74,329 |
Total liabilities | $75,265 |
Net assets or fund balances | -$936 |
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