Illinois Ready Mixed Concrete Association
- Assets
- $732.1k
- Revenue
- $634.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Normal, IL
- Founding
- 02/1985
- Data as of
- 12/2022
- EIN
- 37-1003241
Organization Overview
Illinois Ready Mixed Concrete Association is located in Normal, IL. The organization was established in 1985. 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, Illinois Ready Mixed Concrete Association employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Ready Mixed Concrete Association 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, Illinois Ready Mixed Concrete Association generated $634.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $433.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATION AND SERVICE TO THE MEMBERS OF THE ASSOCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE EDUCATION AND SERVICE TO THE MEMBERS OF THE ASSOCATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Randolph Executive Dir. | Officer | 40 | $148,375 |
Matthew Meyer Vice President | OfficerTrustee | 1 | $0 |
David Barnes Director | Trustee | 1 | $0 |
Bridget Bleigh Director | Trustee | 1 | $0 |
Jim Posadny Director | Trustee | 1 | $0 |
Tim Huiner Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $155,400 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $155,400 |
| Total Program Service Revenue | $435,685 |
| Investment income | $353 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $23,400 |
| Net Income from Fundraising Events | $19,619 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $634,457 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $148,375 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $71,474 |
| Pension plan accruals and contributions | $6,595 |
| Other employee benefits | $1,180 |
| Payroll taxes | $18,836 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $105 |
| Fees for services: Accounting | $5,920 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,580 |
| Advertising and promotion | $0 |
| Office expenses | $7,885 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,050 |
| Travel | $8,421 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $79,274 |
| Interest | $0 |
| Payments to affiliates | $12,301 |
| Depreciation, depletion, and amortization | $16,822 |
| Insurance | $12,030 |
| All other expenses | $1,565 |
| Total functional expenses | $433,747 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,495 |
| Savings and temporary cash investments | $603,421 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $106,915 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $12,298 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $732,129 |
| Accounts payable and accrued expenses | $5,335 |
| Grants payable | $0 |
| Deferred revenue | $179,215 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $184,550 |
| Net assets without donor restrictions | $547,579 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $732,129 |