Illinois Association Of Blind Merchants is located in Chicago, IL. The organization was established in 2013. According to its NTEE Classification (Y11) the organization is classified as: Single Organization Support, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Association Of Blind Merchants 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 12/2021, Illinois Association Of Blind Merchants generated $75.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $61.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
ADMINISTRATION OF GROUP DISABILITY, DENTAL, AND LIFE INSURANCE FOR ITS BLIND MEMBERS. DISEMMINATING INFORMATION ON INSURANCE AND OTHER MATTERS AFFECTING INDIVIDUALS WITH BLINDNESS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Edward Birmingham Executive Director | 12 | $0 | |
Marco Giannotti Director | 2 | $0 | |
Francese Giovanni Director | 2 | $0 | |
Don Anderson Director | 2 | $0 | |
Alex Munoz Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,496 |
Total Program Service Revenue | $71,250 |
Membership dues | $1,900 |
Investment income | $12 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $1,207 |
Total Revenue | $75,865 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $47,070 |
Salaries, other compensation, and employee benefits | $3,002 |
Professional fees and other payments to independent contractors | $1,097 |
Occupancy, rent, utilities, and maintenance | $4,012 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $6,510 |
Total expenses | $61,691 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $68,201 |
Other assets | $0 |
Total assets | $68,226 |
Total liabilities | $0 |
Net assets or fund balances | $68,226 |
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