Rev3
- Assets
- $59.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lisle, IL
- Founding
- 01/2015
- Data as of
- 11/2018
- EIN
- 47-0963383
Organization Overview
Rev3 is located in Lisle, IL. The organization was established in 2015. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. Rev3 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 11/2018, Rev3 generated $57.0k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $133.6k during the year ending 11/2018. 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
2018
Describe the Organization's Program Activity:
Part 3
FOSTER THE CREATION AND DEVELOPMENT OF IL BUSINESSES THAT SPECIALIZE IN MANUFACTURING AND TECHNOLOGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicholas Zito President | 40 | $67,335 | |
Hugh Elliott Treasurer | 3 | $0 | |
John Carpenter Secretary | 3 | $0 | |
Mark Mcandrew Director | 3 | $0 | |
Mike Kelch Director | 1 | $0 | |
Anthony Signorella Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,918 |
| Total Program Service Revenue | $51,107 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,025 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $81,502 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $5,432 |
| Printing, publications, postage, and shipping | $474 |
| Other expenses | $46,185 |
| Total expenses | $133,593 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $59,790 |
| Other assets | $0 |
| Total assets | $59,790 |
| Total liabilities | $11,955 |
| Net assets or fund balances | $47,835 |