Southeastern Fastener Association Inc
- Assets
- $205.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Zurich, IL
- Founding
- 04/1976
- Data as of
- 12/2022
- EIN
- 58-1232716
Organization Overview
Southeastern Fastener Association Inc is located in Lake Zurich, IL. The organization was established in 1976. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, 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. Southeastern Fastener Association 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 12/2022, Southeastern Fastener Association Inc generated $66.4k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $59.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lee Parker President | 2 | $0 | |
Anthony Crawl 1st Vice President | 2 | $0 | |
Tom Sulek Chairman | 2 | $0 | |
Nancy Rich Executive Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $30,450 |
| Membership dues | $19,338 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,042 |
| Other Revenue | $13,531 |
| Total Revenue | $66,361 |
| 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 | $15,670 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,372 |
| Other expenses | $42,580 |
| Total expenses | $59,622 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $202,817 |
| Other assets | $0 |
| Total assets | $205,355 |
| Total liabilities | $8,000 |
| Net assets or fund balances | $197,355 |