Aaime is located in Chicago, IL. The organization was established in 1997. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aaime is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Aaime generated $103.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $109.7k during the year ending 12/2023. While expenses have increased by 9.8% per year over the past 4 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
AAIME PROVIDES TECHNICAL SUPPORT AND BUSINESS SERVICES TO COMMUNITY MEMBERS SEEKING TO OWN A GOOD BUSINESS WITH NO STRESS. TECHNICAL SUPPORT INCLUDES TROUBLE SHOOTING DIAGNOSING AND RESOLVING TECHNICAL ISSUES SETTING UP ACCOUNTS FOR NEW EMPLOYEES AND NEW USERS. BUSINESS SERVICES INCLUDE BOOKKEEPING ACCOUNTING PAYROLL PRINTING SUPPORT AND ENCOURAGEMENT. AAIME ASSISTED 103 RETURNING MEMBERS AND 29 NEW MEMBERS IN 2023.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Paul Perry Director | 15 | $0 | |
Alain Thomas Director | 5 | $0 | |
Cora Huff Director | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $11,745 |
Total Program Service Revenue | $91,998 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $103,743 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $91,998 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $2,917 |
Occupancy, rent, utilities, and maintenance | $11,212 |
Printing, publications, postage, and shipping | $1,759 |
Other expenses | $0 |
Total expenses | $109,666 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $0 |
Net assets or fund balances | $0 |