Illinois Mini Storage Association
- Assets
- $186.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- 07/2005
- Data as of
- 12/2019
- EIN
- 81-0634202
Organization Overview
Illinois Mini Storage Association is located in Alexandria, VA. The organization was established in 2005. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Mini Storage 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 12/2019, Illinois Mini Storage Association generated $107.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $80.0k during the year ending 12/2019. While expenses have increased by 14.0% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
EDUCATE MEMBERS TO OPERATE THEIR FACILITIES MORE EFFICIENTLY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Drake Secretary/treasurer | 4 | $0 | |
Peter Nora Director | 1 | $0 | |
Nathan Reichard Immediate Past President | 1 | $0 | |
Charlie Mengel Director | 1 | $0 | |
Michael Metzger Director | 1 | $0 | |
David Kohn Vendor Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $68,820 |
| Membership dues | $35,700 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,311 |
| Total Revenue | $107,831 |
| 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 | $1,205 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,464 |
| Other expenses | $77,348 |
| Total expenses | $80,017 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $186,631 |
| Other assets | $0 |
| Total assets | $186,631 |
| Total liabilities | $36,270 |
| Net assets or fund balances | $150,361 |