Expanded Shale Clay & Slate is located in Chicago, IL. The organization was established in 1954. According to its NTEE Classification (U42) the organization is classified as: Engineering, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Expanded Shale Clay & Slate 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 08/2023, Expanded Shale Clay & Slate generated $525.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $496.2k during the year ending 08/2023. While expenses have increased by 1.6% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE LIGHT WEIGHT CONSTRUCTION
Describe the Organization's Program Activity:
Part 3 - Line 4a
TECHNICAL DIRECTION PROGRAM PROVIDES RESEARCH PROGRAMS, PUBLICATION AND LITERATURE FOR PROMOTIONAL PURPOSES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charlie Sedlock Chairperson | OfficerTrustee | 2.5 | $0 |
Jody Wall Vice Chair | OfficerTrustee | 2.5 | $0 |
Steve Rowe Treasurer | OfficerTrustee | 2.5 | $0 |
Bill Wolfe Treasurer | OfficerTrustee | 2.5 | $0 |
Ken Nunley Director | Trustee | 2.5 | $0 |
Joe Kowalewski Director | Trustee | 2.5 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bostrom Corporation Mngmnt Svcs & Staff | 8/30/22 | $101,903 |
Fariborz Tehrani Consulting | 8/30/22 | $87,231 |
| 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $500,912 |
| Investment income | $15,110 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,998 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $525,020 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $79,499 |
| Fees for services: Legal | $2,019 |
| Fees for services: Accounting | $14,965 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,180 |
| Fees for services: Other | $106,901 |
| Advertising and promotion | $3,500 |
| Office expenses | $8,652 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $19,972 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,505 |
| All other expenses | $65,078 |
| Total functional expenses | $496,201 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $250,393 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $152,965 |
| 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 | $12,647 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $515,656 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $931,661 |
| Accounts payable and accrued expenses | $57,835 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $57,835 |
| Net assets without donor restrictions | $873,826 |
| 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 | $931,661 |