Share Association
- Assets
- $6.1m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 03/2017
- Data as of
- 12/2023
- EIN
- 81-3682982
Organization Overview
Share Association is located in Chicago, IL. The organization was established in 2017. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Share Association 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 12/2023, Share Association generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 58.1% each year . All expenses for the organization totaled $3.4m during the year ending 12/2023. While expenses have increased by 54.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE EDUCATION, PROFESSIONAL NETWORKING AND INFLUENCE TO THE INFORMATION TECHNOLOGY FIELD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOSTERING RESEARCH AND DEVELOPMENT OF INFORMATION PROCESSING TECHNOLOGIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanne Glass Director | Trustee | 10 | $0 |
Cynthia Overby Secretary | OfficerTrustee | 10 | $0 |
Jim Erdahl Past President | OfficerTrustee | 10 | $0 |
Scott Fagen President | OfficerTrustee | 10 | $0 |
John Klonaris Vice President | OfficerTrustee | 10 | $0 |
Art Gutowski Treasurer | OfficerTrustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Smithbucklin Corporation Management | 12/30/23 | $2,049,400 |
Pixel Audiovisual Production | 12/30/23 | $239,373 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,480,168 |
| Investment income | $162,074 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$10,160 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,661,968 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $1,720,530 |
| Fees for services: Legal | $3,328 |
| Fees for services: Accounting | $11,660 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $29,785 |
| Fees for services: Other | $0 |
| Advertising and promotion | $93,796 |
| Office expenses | $14,201 |
| Information technology | $290,468 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $32,807 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $19,450 |
| All other expenses | $0 |
| Total functional expenses | $3,387,536 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $942,272 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $72,778 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $153,293 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,852,487 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $31,325 |
| Other assets | $0 |
| Total assets | $6,052,155 |
| Accounts payable and accrued expenses | $259,548 |
| Grants payable | $0 |
| Deferred revenue | $304,755 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $564,303 |
| Net assets without donor restrictions | $5,487,852 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,052,155 |