Iec Nfp
- Assets
- $801.4k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 2
- Location
- Chicago, IL
- Founding
- Data as of
- 12/2022
- EIN
- 87-3158757
Organization Overview
Iec Nfp is located in Chicago, IL. According to its NTEE Classification (H03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Medical Research and related organizations. As of 12/2022, Iec Nfp employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iec Nfp is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE INTERNATIONAL ECZEMA COUNCIL (IEC) WAS FORMED TO OPERATE AS A PROFESSIONAL ASSOCIATION SERVING THE EDUCATIONAL AND OTHER NEEDS AND PROFESSIONAL INTERESTS OF DERMATOLOGISTS, RESEARCHERS, COMPANIES AND OTHER HEALTHCARE PROFESSIONALS AND ENTITIES INVOLVED IN THE FIELD OF ATOPIC DERMATITIS (AD) AND TO PROMOTE THE PRACTICE AND FIELD OF AD. IECS MISSION IS TO ENHANCE ITS MEMBERS CLINICAL AND RESEARCH PRACTICES AND PROFESSIONAL INTERESTS, AS WELL AS THE OVERALL FIELD OF AD. IEC WORKS TO FOSTER COLLABORATION AMONGST ITS MEMBERS, TO PROVIDE EDUCATION ON AD AND THE OPTIMAL MANAGEMENT OF AD, AND TO FACILITATE RESEARCH ON AD AND RELATED AREAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE INTERNATIONAL ECZEMA COUNCIL PRESENTED MULTIPLE VIRTUAL EDUCATIONAL PROGRAMS AND ONE IN-PERSON SYMPOSIA, ISDS. TIMELY TOPICS IN ATOPIC DERMATITIS INCLUDED HAND ECZEMA, TREATMENT FOR AD IN PEDIATRICS, AND MANAGEMENT OF PATIENTS WITH ATOPIC DERMATITIS DURING COVID-19. THESE PROGRAMS TYPICALLY DRAW A LARGE AUDIENCE, MANY OF WHOM ARE THOUGHT LEADERS IN DERMATOLOGY WHO TEACH OTHERS REGARDING ATOPIC DERMATITIS. THE IEC COUNCILORS AND ASSOCIATES CONVENED VIRTUALLY DURING THE YEAR TO DISCUSS CURRENT LITERATURE, RESEARCH AND PRACTICE RELATED TO VARIOUS TOPICS IN ATOPIC DERMATITIS, AND TO DEVELOP AND PUBLISH MANUSCRIPTS IN RELEVANT MEDICAL JOURNALS REGARDING THEIR FINDINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Stiles Executive Dir. | OfficerTrustee | 35 | $109,200 |
Margaret Jung Former Exec Dir | OfficerTrustee | 35 | $52,514 |
Robert Bissonnette President | OfficerTrustee | 5 | $0 |
Emma Guttman Past President | OfficerTrustee | 0.5 | $0 |
Alan Irvine President Elect | OfficerTrustee | 0.5 | $0 |
Kevin Cooper Treasurer | OfficerTrustee | 0.5 | $0 |
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 | $1,295,060 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,295,060 |
| Total Program Service Revenue | $0 |
| Investment income | $40 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $50,000 |
| 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 | $1,345,100 |
| 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. | $162,990 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $1,777 |
| Other employee benefits | $0 |
| Payroll taxes | $12,688 |
| Fees for services: Management | $389,648 |
| Fees for services: Legal | $22,806 |
| Fees for services: Accounting | $6,015 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $41,008 |
| Advertising and promotion | $537 |
| Office expenses | $746 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $23,561 |
| 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 | $8,029 |
| All other expenses | $12,719 |
| Total functional expenses | $748,578 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $686,714 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $87,500 |
| 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 | $8,830 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $18,354 |
| Total assets | $801,398 |
| Accounts payable and accrued expenses | $53,276 |
| Grants payable | $0 |
| Deferred revenue | $151,600 |
| 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 | $204,876 |
| Net assets without donor restrictions | $596,522 |
| 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 | $801,398 |