International Furniture Transportation And Logistics
- Assets
- $30.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Monroe, MI
- Founding
- 12/1945
- Data as of
- 05/2023
- EIN
- 04-2012873
Organization Overview
International Furniture Transportation And Logistics is located in Monroe, MI. The organization was established in 1945. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, 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. International Furniture Transportation And Logistics 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 05/2023, International Furniture Transportation And Logistics generated $35.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $37.7k during the year ending 05/2023. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROMOTION AND EDUCATION OF ITS MEMBERS ON CURRENT ISSUES RELATING TO DOMESTIC AND INTERNATIONAL TRANSPORTATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell Matthews III Treasurer | 0 | $0 | |
Ed Hempel Director | 0 | $0 | |
Andy Stevens Vice President | 0 | $0 | |
Erich Price President | 0 | $0 | |
Tom Hempel Director | 0 | $0 | |
Peter Ross Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,983 |
| Total Program Service Revenue | $33,794 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $35,777 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,209 |
| Professional fees and other payments to independent contractors | $1,348 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $245 |
| Other expenses | $24,907 |
| Total expenses | $37,709 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,225 |
| Other assets | $0 |
| Total assets | $30,575 |
| Total liabilities | $11,348 |
| Net assets or fund balances | $19,227 |