Society Of Tribologists & Lubrication Engineers
- Assets
- $89.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Park Ridge, IL
- Founding
- 03/2001
- Data as of
- 06/2021
- EIN
- 91-2119632
Organization Overview
Society Of Tribologists & Lubrication Engineers is located in Park Ridge, IL. The organization was established in 2001. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Society Of Tribologists & Lubrication Engineers 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 06/2021, Society Of Tribologists & Lubrication Engineers generated $34.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $31.2k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (13.6%) per year over the past 6 years. 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
2021
Describe the Organization's Program Activity:
Part 3
THE CHICAGO SECTION PROVIDES EDUCATION TO MEMBERS AND NON-MEMBERS IN THE FIELD OF LUBRICATION ENGINEERING THROUGH MONTHLY AND QUARTERLY PERIODICALS, RESEARCH PUBLICATIONS AND CONFERENCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael S Feltman Chair | 2 | $0 | |
Austin Gille Past Chair | 2 | $0 | |
Tj Haas Vice Chair | 2 | $0 | |
Mary Cuttill-Nielsen Secretary | 2 | $0 | |
Clayton Cooper Treasurer | 2 | $0 | |
Patrick Brutto Committee Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,796 |
| Total Program Service Revenue | $3,446 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$1,414 |
| Other Revenue | $0 |
| Total Revenue | $34,828 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $9,900 |
| Other expenses | $9,757 |
| Total expenses | $31,157 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $89,360 |
| Other assets | $0 |
| Total assets | $89,360 |
| Total liabilities | $0 |
| Net assets or fund balances | $89,360 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Illinois Association Of School Boards Springfield, IL | $19,198,603 | $11,091,944 |
Missouri National Education Association Jefferson City, MO | $11,252,448 | $8,353,095 |
American College Of Foot And Ankle Surgeons Chicago, IL | $15,138,521 | $7,600,538 |
National Council Of Teachers Of English Champaign, IL | $46,879,367 | $7,632,067 |
Charter School Of The Dunes Inc Gary, IN | $14,167,237 | $8,545,161 |
Wisconsin Education Association Council Madison, WI | $12,509,404 | $6,898,296 |
Indiana Association For The Education Of Children Inc Indianapolis, IN | $1,546,703 | $6,038,887 |
American College Of Osteopathic Family Physicians Inc Arlington Heights, IL | $12,356,317 | $6,528,477 |
Association Of School Business Officials International Dekalb, IL | $5,714,623 | $4,805,268 |
New Prairie United School Building Corporation New Carlisle, IN | $68,234,946 | $7,118,037 |
Actuarial Foundation Schaumburg, IL | $9,127,147 | $3,775,493 |
Kentucky School Boards Association Frankfort, KY | $5,168,377 | $3,527,131 |