Western Loss Association Attn Gordon Balsano is located in Lemont, IL. The organization was established in 1995. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, 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. Western Loss Association Attn Gordon Balsano 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, Western Loss Association Attn Gordon Balsano generated $90.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (10.4%) each year. All expenses for the organization totaled $115.3k 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
THE ORGANIZATION HELD SEMINARS AND SPECIAL EVENTS TO FURTHER THE EDUCATION AND EFFICIENCY OF OUR MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Andy Steeno President | 6 | $0 | |
Douglas Stokes Jr Secretary | 6 | $0 | |
Nanci Smilie Treasurer | 6 | $0 | |
Heath Howell Vice President | 6 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $79,831 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $10,161 |
Other Revenue | $0 |
Total Revenue | $89,992 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $115,321 |
Total expenses | $115,321 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $17,968 |
Other assets | $0 |
Total assets | $18,256 |
Total liabilities | $0 |
Net assets or fund balances | $18,256 |