Form 990 for tax year 2023
Filed by INDUSTRIAL ASSET MANAGEMENT COUNCIL INC.
Totals
- Total revenue
- $3,338,802
- Total expenses
- $3,123,395
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $3,264,571
- Investment income
- $74,231
- Other revenue
- $0
- Total assets, end of year
- $3,234,393
- Total liabilities, end of year
- $925,735
- Net assets or fund balances, end of year
- $2,308,658
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: Spring prof forum
total $1,038,624 · related or exempt $1,038,624
-
2b · Program service revenue: Fall prof forum
total $1,035,306 · related or exempt $1,035,306
-
2c · Program service revenue: Membership dues
total $791,565 · related or exempt $791,565
-
2d · Program service revenue: Int'l development
total $219,746 · related or exempt $219,746
-
2e · Program service revenue: Other sponsorships
total $90,830 · related or exempt $90,830
-
2f · All other program service revenue
total $88,500 · related or exempt $88,500
-
3 · Investment income
total $74,231 · excluded $74,231
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $525,627
-
11b · Fees: legal
total $1,192
-
11c · Fees: accounting
total $11,500
-
12 · Advertising and promotion
total $29,100
-
13 · Office expenses
total $50,373
-
14 · Information technology
total $50,110
-
16 · Occupancy
total $24,899
-
17 · Travel
total $96,834
-
19 · Conferences, conventions and meetings
total $95,427
-
24a · Other expenses: Staff support
total $954,384
-
24b · Other expenses: Hotel
total $513,216
-
24c · Other expenses: Speakers' fees
total $259,862
-
24d · Other expenses: Contract services
total $193,346
-
24e · All other expenses
total $317,525
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $455,893 · end of year $572,203
-
2 · Savings and temporary cash investments
beginning of year $1,546,952 · end of year $1,833,677
-
4 · Accounts receivable
beginning of year $76,196 · end of year $30,298
-
9 · Prepaid expenses and deferred charges
beginning of year $93,817 · end of year $189,415
-
11 · Investments: publicly traded securities
beginning of year $1,056,181 · end of year $608,800
-
17 · Accounts payable and accrued expenses
beginning of year $222,347 · end of year $189,508
-
19 · Deferred revenue
beginning of year $915,559 · end of year $736,227
-
27 · Net assets without donor restrictions
beginning of year $2,076,133 · end of year $2,293,658
-
28 · Net assets with donor restrictions
beginning of year $15,000 · end of year $15,000
Mission and programs · 2023
Mission
To provide industrial asset management and corporate real estate executives, their suppliers and service providers, and economic developers with quality education and professional standards within the industrial asset industry.
Activities or mission (Part I)
Provide Industrial Asset Mgmt professionals with quality education and professional standards.
-
The Spring 2023 Forum had 405 attendees and the Fall 2023 Forum had 417 attendees.
-
Membership development and services - assist approximately 660 members in the dissemination of educational information and to advance the needs of the corporate real estate community.
As filed on the 2023 return.
Listed in Part VII
-
Betsy K Power
Chair
- Total calculated
- $0
- Hours/week
- 2
-
Cary Hutchings
Vice Chair
- Total calculated
- $0
- Hours/week
- 2
-
Matt M Boehlke
Treasurer/Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Karen L Shchuka
Past Chair
- Total calculated
- $0
- Hours/week
- 1
-
James Chavez
Director
- Total calculated
- $0
- Hours/week
- 1
-
Alan Darner
Director
- Total calculated
- $0
- Hours/week
- 1
-
William DeBoer
Director
- Total calculated
- $0
- Hours/week
- 1
-
Connie Fricke
Director
- Total calculated
- $0
- Hours/week
- 1
-
Lindsay Friedman
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jim P Horigan
Director
- Total calculated
- $0
- Hours/week
- 1
-
Robert Kontur
Director
- Total calculated
- $0
- Hours/week
- 1
-
Amy Madison
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dave Quinn
Director
- Total calculated
- $0
- Hours/week
- 1
-
Eric Zahniser
Director
- Total calculated
- $0
- Hours/week
- 1
-
J Tate Godfrey
President and CEO
- Total calculated
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 10 April 2024
- IRS schema version
- 2023v5.0
- Source object
- 202421149349301127
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.