Midwest Institute Of Park Executive
- Assets
- $22.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Buffalo Grove, IL
- Founding
- 08/1989
- Data as of
- 12/2023
- EIN
- 36-3247712
Organization Overview
Midwest Institute Of Park Executive is located in Buffalo Grove, IL. The organization was established in 1989. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midwest Institute Of Park Executive 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, Midwest Institute Of Park Executive generated $16.0k 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 (3.1%) each year. All expenses for the organization totaled $18.3k during the year ending 12/2023. 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
THAT WE, THE MIDWEST INSTITUTE OF PARK EXECUTIVES, MAY BETTER SERVE OUR PEOPLE AND ENGENDER A SPIRIT OF COOPERATION BETWEEN ALL AGENCIES RELATING TO OUR COMMON CAUSE; THAT WE MAY PROMOTE THE ESTABLISHMENT AND THE PROPER USE OF PUBLIC PARKS, GARDENS AND CONSERVATION AND RECREATIONAL GROUNDS; AND THAT WE MAY MEET TOGETHER AT REGULAR INTERVALS TO EXCHANGE IDEAS AND STUDY EACH OTHERS PROBLEMS, FOR THE INDIVIDUAL BETTERMENT OF OURSELVES AND THE GENERAL BETTERMENT OF OUR COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Derek Solberg Past President | 1 | $0 | |
Dan Payne President | 1 | $0 | |
Paul Rogus President - Elect | 1 | $0 | |
Ken Kerfoot Secretary Treasurer | 1 | $0 | |
Noah Mach Director | 1 | $0 | |
Glenn Nance Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,750 |
| Membership dues | $7,545 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,695 |
| Other Revenue | $0 |
| Total Revenue | $15,995 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,000 |
| Professional fees and other payments to independent contractors | $2,200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,053 |
| Other expenses | $9,025 |
| Total expenses | $18,278 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,395 |
| Other assets | $0 |
| Total assets | $22,395 |
| Total liabilities | $0 |
| Net assets or fund balances | $22,395 |