Illinois Motorcycle Dealers Association
- Assets
- $138.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, IL
- Founding
- 10/1978
- Data as of
- 12/2023
- EIN
- 51-0186264
Organization Overview
Illinois Motorcycle Dealers Association is located in Springfield, IL. The organization was established in 1978. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Motorcycle Dealers 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 12/2023, Illinois Motorcycle Dealers Association generated $10.9k 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 (15.6%) each year. All expenses for the organization totaled $8.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karl Kegel President | 5 | $0 | |
Jay Hall Treasurer | 2 | $0 | |
Chris Tracy Secretary | 0 | $0 | |
Alan Hammel Director | 0 | $0 | |
Dennie Packee Director | 0 | $0 | |
Chris Tracy Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $8,380 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $10,880 |
| 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 | $6,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $82 |
| Other expenses | $2,662 |
| Total expenses | $8,744 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $136,139 |
| Other assets | $0 |
| Total assets | $137,979 |
| Total liabilities | $0 |
| Net assets or fund balances | $137,979 |