International Mercury Owners Assn
- Assets
- $23.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Northbrook, IL
- Founding
- 03/1992
- Data as of
- 12/2022
- EIN
- 36-3799074
Organization Overview
International Mercury Owners Assn is located in Northbrook, IL. The organization was established in 1992. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. International Mercury Owners Assn is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, International Mercury Owners Assn generated $45.0k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $45.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
PUBLISHING QUARTERLY NEWSLETTER TO OVER 1,000 MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gerald Robbin Presidnet/director | 0 | $0 | |
Joseph Pero Treasurer/director | 0 | $0 | |
Patricia Eager Secretary | 0 | $0 | |
Joseph Blair Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $14,314 |
| Membership dues | $30,714 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $45,030 |
| 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 | $5,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $31,046 |
| Other expenses | $9,163 |
| Total expenses | $45,209 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,851 |
| Other assets | $0 |
| Total assets | $23,815 |
| Total liabilities | $0 |
| Net assets or fund balances | $23,815 |