New England Fastener Distributors Association Inc
- Assets
- $79.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Zurich, IL
- Founding
- 09/1980
- Data as of
- 06/2022
- EIN
- 04-2679828
Organization Overview
New England Fastener Distributors Association Inc is located in Lake Zurich, IL. The organization was established in 1980. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, 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. New England Fastener Distributors 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 06/2022, New England Fastener Distributors Association Inc generated $47.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $37.8k during the year ending 06/2022. While expenses have increased by 1.7% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Rich Executive Director | 6 | $0 | |
Morgan Rudolph Vice President | 1 | $0 | |
Katie Donahue President | 1 | $0 | |
Michael Lentini Chairman | 1 | $0 | |
Lisa Breton Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $21,570 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,375 |
| Other Revenue | $19,893 |
| Total Revenue | $47,846 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,786 |
| Total expenses | $37,786 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,997 |
| Other assets | $0 |
| Total assets | $78,997 |
| Total liabilities | $0 |
| Net assets or fund balances | $78,997 |