Form 990 for tax year 2022
Filed by NORTHERN ILLINOIS PAINTING AND DRYWALL INSTITUTE.
Totals
- Total revenue
- $1,056,366
- Total expenses
- $928,812
- Contributions and grants received
- $1,002,829
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $28,505
- Other revenue
- $25,032
- Total assets, end of year
- $2,352,739
- Total liabilities, end of year
- $2,700
- Net assets or fund balances, end of year
- $2,350,039
- 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.
-
1b · Membership dues
$1,002,829
-
3 · Investment income
total $28,505 · excluded $28,505
-
6a · Gross rents
real property $25,032
-
6c · Rental income or loss
real property $25,032
-
6d · Net rental income or loss
total $25,032
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $153,095
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $114,702
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $28,716
-
10 · Payroll taxes
total $23,136
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $11,101
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $8,814
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $5,673
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $40,421
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $485,000
-
22 · Depreciation, depletion and amortization
total $27,251
-
23 · Insurance
total $7,446
-
24a · Other expenses: Staff expenses
total $552
-
24b · Other expenses: Telephone and Internet
total $8,176
-
24c · Other expenses: Payroll fees
total $639
-
24d · Other expenses: DC 30 services
total $14,090
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $251,588 · end of year $258,687
-
2 · Savings and temporary cash investments
beginning of year $190,077 · end of year $190,172
-
9 · Prepaid expenses and deferred charges
end of year $12,050
-
10a · Land, buildings and equipment: cost or other basis
$1,059,110
-
10b · Land, buildings and equipment: accumulated depreciation
$572,408
-
10c · Land, buildings and equipment, net
beginning of year $506,152 · end of year $486,702
-
11 · Investments: publicly traded securities
beginning of year $1,492,610 · end of year $1,405,128
-
25 · Other liabilities
beginning of year $2,050 · end of year $2,700
-
31 · Retained earnings, endowment or other funds
beginning of year $2,438,377 · end of year $2,350,039
Mission and programs · 2022
Mission
The organization represents union contractors doing business in 29 counties in northern and central Illinois. The organization works to 1 promote the painting and drywall industry 2 foster trade professionalism, and 3 provide customers with the highest in quality customer service.
Activities or mission (Part I)
The organization is an industry advancement fund dedicated to promoting the union painting and drywall taping industry in northern and central Illinois.
-
Utilized seminars, meetings, and website content to inform the supporting member contractors regarding industry technical issues and general business matters.
As filed on the 2022 return.
Listed in Part VII
-
Mark Palmer
Executive Director
- Total calculated
- $153,095
- From this org
- $153,095
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $153,095
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $153,095
-
William Nielsen
Trustee
- Total calculated
- $13,800
- From this org
- $0
- From related orgs
- $13,800
- Other
- $0
- Hours/week
- 4 + 4 related
-
Kurt Hand
Trustee
- Total calculated
- $9,075
- From this org
- $0
- From related orgs
- $9,075
- Other
- $0
- Hours/week
- 4 + 4 related
-
Ken Ober
Chairman
- Total calculated
- $7,337
- From this org
- $0
- From related orgs
- $7,337
- Other
- $0
- Hours/week
- 4 + 4 related
-
Jason Larsen
Trustee
- Total calculated
- $7,162
- From this org
- $0
- From related orgs
- $7,162
- Other
- $0
- Hours/week
- 4 + 4 related
-
Roy Dennis
Trustee
- Total calculated
- $5,812
- From this org
- $0
- From related orgs
- $5,812
- Other
- $0
- Hours/week
- 4 + 4 related
-
Matt Anderson
Sec-Treas
- Total calculated
- $3,087
- From this org
- $0
- From related orgs
- $3,087
- Other
- $0
- Hours/week
- 4 + 4 related
-
Kelley Oates
Vice Chairman
- Total calculated
- $2,362
- From this org
- $0
- From related orgs
- $2,362
- Other
- $0
- Hours/week
- 4 + 4 related
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501c6 · Trade association · IL
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323179349310132
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