North Carolina Smacna Industry Fund
- Assets
- $48.2k
- Revenue
- $139.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Hoschton, GA
- Founding
- Data as of
- 12/2021
- EIN
- 84-5177520
Organization Overview
North Carolina Smacna Industry Fund is located in Hoschton, GA. 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. North Carolina Smacna Industry Fund 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 12/2021, North Carolina Smacna Industry Fund generated $139.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 35.8% each year . All expenses for the organization totaled $105.0k during the year ending 12/2021. While expenses have increased by 19.9% per year over the past 2 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSES FOR WHICH THIS ASSOCIATION IS ORGANIZED ARE THE FOLLOWING: 1. INDUSTRY ADVANCEMENT- THE ADVANCEMENT OF THE SHEET METAL INDUSTRY INCLUDING ALL ITS SPECIALTIES THROUGH SECURING THE COOPERATION OF THE VARIOUS PERSONS AND FIRMS ENGAGED IN SUCH BUSINESSES, AND COLLECTING, CORRELATING AND DISSEMINATING INFORMATION OF VALUE. 2. INDUSTRY RELATIONS - TO ESTABLISH AND MAINTAIN HIGH STANDARDS OF WORKMANSHIP, AND TO ESTABLISH HARMONIOUS AND PROPER RELATIONS WITH THE MEMBERS AND OTHER RELATED ORGANIZATIONS. 3. STANDARDS - TO PROMOTE, THROUGH COOPERATIVE EFFORT AND PUBLISHED FACTS, INDUSTRY STANDARDS TO THE GENERAL PUBLIC. 4. INDUSTRY REPRESENTATION - TO PROVIDE STATE WIDE REPRESENTATION ON BEHALF OF THE INDUSTRY WITH GOVERNMENT, INDUSTRY GROUPS, LABOR AND THE PUBLIC. 5. INDUSTRY STUDIES - TO INITIATE, PROMOTE AND DOCUMENT STUDIES DIRECTED TOWARD THE SOLUTION OF PRESENT AND FUTURE PROBLEMS INCIDENT TO THE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLECT AND DISBURSE MEMBERSHIP DUES ON BEHALF OF NORTH CAROLINA SMACNA, INC., A RELATED 501 (C)(6) INDUSTRY TRADE ASSOCIATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Blank Trustee | OfficerTrustee | 2 | $0 |
Raymond S Smith Trustee | OfficerTrustee | 2 | $0 |
Ginger D Slaick Administrato | Officer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $138,999 |
| 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 | $138,999 |
| Total Program Service Revenue | $0 |
| Investment income | $21 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $139,020 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $12 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| All other expenses | $105,000 |
| Total functional expenses | $105,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $43,378 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,684 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $48,162 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $48,162 |
| 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 | $48,162 |
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|---|---|---|
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Institute Of Internal Auditors Lake Mary, FL | $101,351,692 | $59,361,984 |
Srcco Inc Durham, NC | $42,497,453 | $49,465,239 |
Florida Association Of Realtors Orlando, FL | $96,568,925 | $47,578,542 |
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Unc Management Company Inc Chapel Hill, NC | $53,097,067 | $30,528,524 |
American Welding Society Inc Miami, FL | $147,619,451 | $41,705,708 |
Serc Reliability Corporation Charlotte, NC | $16,241,101 | $25,718,150 |
American Society Of Heating Refrigerating & A-C Engineers Peachtree Corners, GA | $58,779,760 | $22,960,689 |