Apparel Industry Board Inc
- Assets
- $153.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Chicago, IL
- Founding
- 08/1987
- Data as of
- 12/2022
- EIN
- 36-3508435
Organization Overview
Apparel Industry Board Inc is located in Chicago, IL. The organization was established in 1987. 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. As of 12/2022, Apparel Industry Board Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Apparel Industry Board 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 12/2022, Apparel Industry Board Inc generated $29.5k 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 (26.1%) each year. All expenses for the organization totaled $115.8k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE A STRONGER APPAREL INDUSTRY IN CHICAGO
Describe the Organization's Program Activity:
Part 3
TIF TRAINING PROGRAM TO TRAIN YOUNG DESIGNERS IN THE APPAREL INDUSTRY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ambar Campos Exec Director | 40 | $40,000 | |
Takara Bealthea Vice President | 1 | $0 | |
Caroline Becker-Joss Vice President | 1 | $0 | |
Jacqueline Johnson Director | 1 | $0 | |
Erica Strama Treasurer | 1 | $0 | |
Barbara Keisman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $17,005 |
| Membership dues | $3,078 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $9,385 |
| Total Revenue | $29,468 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $77,198 |
| Professional fees and other payments to independent contractors | $64 |
| Occupancy, rent, utilities, and maintenance | $19,654 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,906 |
| Total expenses | $115,822 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,449 |
| Other assets | $0 |
| Total assets | $153,276 |
| Total liabilities | $117,974 |
| Net assets or fund balances | $35,302 |