Incentive Federation Inc
- Assets
- $79.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Falls Church, VA
- Founding
- 04/1985
- Data as of
- 12/2022
- EIN
- 52-1375654
Organization Overview
Incentive Federation Inc is located in Falls Church, VA. The organization was established in 1985. According to its NTEE Classification (Y99) the organization is classified as: Mutual & Membership Benefit N.E.C., 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. Incentive Federation Inc 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, Incentive Federation Inc generated $67.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $86.4k during the year ending 12/2022. 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 |
|---|---|---|---|
George Delta Executive Director & Counsel | 7 | $12,000 | |
George Stephen Slagle Managing Director | 10 | $12,000 | |
Richard Blabolil Director | 1 | $0 | |
Brian Galonek Director/secretary | 1 | $0 | |
Richard Low Director | 1 | $0 | |
Sean Roark Director/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $40,000 |
| Membership dues | $26,900 |
| Investment income | $610 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $67,510 |
| 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 | $80,986 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,425 |
| Total expenses | $86,411 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,696 |
| Other assets | $0 |
| Total assets | $79,201 |
| Total liabilities | $0 |
| Net assets or fund balances | $79,201 |