Industry Improvement And Advancement Fund is located in Endicott, NY. The organization was established in 2010. 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. Industry Improvement And Advancement 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 12/2023, Industry Improvement And Advancement Fund generated $73.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $66.7k during the year ending 12/2023. While expenses have increased by 7.8% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE FOR THE PROMOTION AND PROTECTION OF THE INTERESTS OF ITS MEMBERS AND THE PLUMBING, HEATING AND COOLING INDUSTRY, IN ACCORDANCE WITH SECTION 302 OF THE TAFT HARDLEY ACT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Taylor Trustee | 5 | $0 | |
Keven Phillips Trustee | 5 | $0 | |
Marty Quarella Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $67,876 |
Investment income | $8,212 |
Gain or Loss | -$2,270 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $73,818 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $6,734 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $66,734 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $256,606 |
Other assets | $0 |
Total assets | $256,606 |
Total liabilities | $0 |
Net assets or fund balances | $256,606 |