Form 990 for tax year 2022
Filed by IDAHO ASSOCIATION OF COMMERCE AND INDUSTRY.
Totals
- Total revenue
- $920,077
- Total expenses
- $966,770
- Contributions and grants received
- $746,689
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $108
- Other revenue
- $173,280
- Total assets, end of year
- $1,023,226
- Total liabilities, end of year
- $914,325
- Net assets or fund balances, end of year
- $108,901
- Program services expenses (Part IX)
- $590,302
- Management and general expenses
- $376,468
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 61.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
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
$746,689
-
3 · Investment income
total $108 · related or exempt $108
-
11a · Other revenue: SPONSORSHIPS
total $97,512 · related or exempt $97,512
-
11b · Other revenue: ANNUAL CONFERENCE
total $56,083 · related or exempt $56,083
-
11c · Other revenue: OTHER INCOME
total $19,685 · related or exempt $19,685
-
11e · Other revenue, total
$173,280
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $523,476 · program services $261,738 · management and general $261,738
-
8 · Pension plan contributions
total $30,768 · program services $15,384 · management and general $15,384
-
10 · Payroll taxes
total $34,517 · program services $17,258 · management and general $17,259
-
11c · Fees: accounting
total $16,375 · management and general $16,375
-
11d · Fees: lobbying
total $54,435 · program services $54,435
-
12 · Advertising and promotion
total $2,734 · program services $2,734
-
13 · Office expenses
total $45,713 · program services $37,665 · management and general $8,048
-
14 · Information technology
total $781 · program services $781
-
16 · Occupancy
total $75,230 · program services $37,615 · management and general $37,615
-
17 · Travel
total $15,303 · program services $15,023 · management and general $280
-
19 · Conferences, conventions and meetings
total $113,257 · program services $112,068 · management and general $1,189
-
22 · Depreciation, depletion and amortization
total $242 · program services $242
-
23 · Insurance
total $9,467 · program services $9,467
-
24a · Other expenses: EQUIPMENT LEASE
total $18,680 · program services $9,340 · management and general $9,340
-
24b · Other expenses: ADMINISTRATION FEE
total $9,240 · management and general $9,240
-
24c · Other expenses: FUEL AND AUTO
total $6,073 · program services $6,073
-
24d · Other expenses: MISCELLANEOUS
total $4,905 · program services $4,905
-
24e · All other expenses
total $5,574 · program services $5,574
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $574,191 · end of year $515,813
-
4 · Accounts receivable
beginning of year $12,202 · end of year $173
-
9 · Prepaid expenses and deferred charges
beginning of year $3,500 · end of year $3,500
-
10a · Land, buildings and equipment: cost or other basis
$86,260
-
10b · Land, buildings and equipment: accumulated depreciation
$86,029
-
10c · Land, buildings and equipment, net
beginning of year $472 · end of year $231
-
15 · Other assets
end of year $503,509
-
17 · Accounts payable and accrued expenses
beginning of year $39,059 · end of year $8,038
-
19 · Deferred revenue
beginning of year $366,804 · end of year $396,015
-
25 · Other liabilities
end of year $510,272
-
27 · Net assets without donor restrictions
beginning of year $184,502 · end of year $108,901
Mission and programs · 2022
Mission
TO HELP GENERATE PROSPERITY FOR THE STATE OF IDAHO BY CREATING A FAVORABLE ENVIRONMENT IN WHICH BUSINESSES AND INDUSTRY CAN PROSPER.
-
IACI REPRESENTS ABOUT 300 IDAHO EMPLOYERS OF ALL SIZES IN SUCH DIVERSE FIELDS AS AGRICULTURE AND FOOD SERVICE, TECHNOLOGY, ACCOUNTING FIRMS AND BANKS, UTILITIES, MANUFACTURING AND CONSTRUCTION, AS WELL AS CHAMBERS OF COMMERCE FROM IDAHO'S LARGE AND SMALL CITIES AND ASSOCIATIONS REPRESENTING A WIDE VARIETY OF INTERESTS IN THIS QUEST TO SHAPE POLICY FOR A BRIGHT ECONOMIC FUTURE.
-
THE MISSION OF THE IACI POTATO PROCESSORS DIVISION (POTATO COMMITTEE) IS TO PROACTIVELY DEVELOP AND ADVOCATE A FOCUSED, COMMON AGENDA OF GENERAL INTEREST TO POTATO PROCESSORS, VIGOROUSLY DEFEND THE POTATO PROCESSING INDUSTRY, AND DEVELOP POLICIES AND INITIATIVES THAT FACILITATE POTATO PROCESSORS OPERATING SUCCESSFULLY.
-
DEPRECIATION
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Alex LabeauALEX LABEAU
PRESIDENT
- Total calculated
- $222,000
- From this org
- $222,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $200,000
- Bonus
- $22,000
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $222,000
-
James AdamsonJAMES ADAMSON
BOARD MEMBER
- Total calculated
- $0
-
Phillips BakerPHILLIPS BAKER
BOARD MEMBER
- Total calculated
- $0
-
Brian BerrettBRIAN BERRETT
BOARD MEMBER
- Total calculated
- $0
-
Sarah BettwieserSARAH BETTWIESER
BOARD MEMBER
- Total calculated
- $0
-
Mark BroadhurstMARK BROADHURST
BOARD MEMBER
- Total calculated
- $0
-
Elizabeth BrownELIZABETH BROWN
BOARD MEMBER
- Total calculated
- $0
-
Jessica BurkeJESSICA BURKE
BOARD MEMBER
- Total calculated
- $0
-
Rachel BurkettRACHEL BURKETT
BOARD MEMBER
- Total calculated
- $0
-
Ed CastledineED CASTLEDINE
BOARD MEMBER
- Total calculated
- $0
-
Jeff CilekJEFF CILEK
BOARD MEMBER
- Total calculated
- $0
-
James CobbJAMES COBB
BOARD MEMBER
- Total calculated
- $0
-
Brian CookBRIAN COOK
BOARD MEMBER
- Total calculated
- $0
-
Wilf CostelloWILF COSTELLO
BOARD MEMBER
- Total calculated
- $0
-
James CurryJAMES CURRY
BOARD MEMBER
- Total calculated
- $0
-
Kaylynn DaggettKAYLYNN DAGGETT
BOARD MEMBER
- Total calculated
- $0
-
Mark DuncansonMARK DUNCANSON
BOARD MEMBER
- Total calculated
- $0
-
Mat ErpeldingMAT ERPELDING
BOARD MEMBER
- Total calculated
- $0
-
Maureen HamiltonMAUREEN HAMILTON
BOARD MEMBER
- Total calculated
- $0
-
Aaron HuntAARON HUNT
BOARD MEMBER
- Total calculated
- $0
-
Victor Arranaga JrVICTOR ARRANAGA JR
BOARD MEMBER
- Total calculated
- $0
-
Scott KennedySCOTT KENNEDY
BOARD MEMBER
- Total calculated
- $0
-
Amanda KlumpAMANDA KLUMP
BOARD MEMBER
- Total calculated
- $0
-
Tom KnutsonTOM KNUTSON
BOARD MEMBER
- Total calculated
- $0
-
Jane KrellerJANE KRELLER
BOARD MEMBER
- Total calculated
- $0
-
J Andrew LawJ ANDREW LAW
BOARD MEMBER
- Total calculated
- $0
-
Liza LeonardLIZA LEONARD
BOARD MEMBER
- Total calculated
- $0
-
Cortney LiddiardCORTNEY LIDDIARD
BOARD MEMBER
- Total calculated
- $0
-
Pierre LorieauPIERRE LORIEAU
BOARD MEMBER
- Total calculated
- $0
-
Brian LundquistBRIAN LUNDQUIST
BOARD MEMBER
- Total calculated
- $0
-
McKinsey LyonMCKINSEY LYON
BOARD MEMBER
- Total calculated
- $0
-
Scott MadisonSCOTT MADISON
BOARD MEMBER
- Total calculated
- $0
-
Jeff MalmenJEFF MALMEN
BOARD MEMBER
- Total calculated
- $0
-
Kenneth McClureKENNETH MCCLURE
BOARD MEMBER
- Total calculated
- $0
-
Veile MikeVEILE MIKE
BOARD MEMBER
- Total calculated
- $0
-
Marnie PackardMARNIE PACKARD
BOARD MEMBER
- Total calculated
- $0
-
Luke PapezLUKE PAPEZ
BOARD MEMBER
- Total calculated
- $0
-
Jeremy PiscaJEREMY PISCA
BOARD MEMBER
- Total calculated
- $0
-
Joel PoppenJOEL POPPEN
BOARD MEMBER
- Total calculated
- $0
-
Jayson RonkJAYSON RONK
BOARD MEMBER
- Total calculated
- $0
-
Mike SatreMIKE SATRE
BOARD MEMBER
- Total calculated
- $0
-
Mike ShutleyMIKE SHUTLEY
BOARD MEMBER
- Total calculated
- $0
-
Derik SmithDERIK SMITH
BOARD MEMBER
- Total calculated
- $0
-
Greg SonnenbergGREG SONNENBERG
BOARD MEMBER
- Total calculated
- $0
-
Amy StahlAMY STAHL
BOARD MEMBER
- Total calculated
- $0
-
Corey SurberCOREY SURBER
BOARD MEMBER
- Total calculated
- $0
-
Tara ThueTARA THUE
BOARD MEMBER
- Total calculated
- $0
-
Anna TormaANNA TORMA
BOARD MEMBER
- Total calculated
- $0
-
Stephen UySTEPHEN UY
BOARD MEMBER
- Total calculated
- $0
-
Matt Van VleetMATT VAN VLEET
BOARD MEMBER
- Total calculated
- $0
-
Lyn Harry WhiteLYN HARRY WHITE
BOARD MEMBER
- Total calculated
- $0
-
Mark WynnMARK WYNN
BOARD MEMBER
- Total calculated
- $0
-
Kyle YearsleyKYLE YEARSLEY
BOARD MEMBER
- Total calculated
- $0
-
Pat ArmstrongPAT ARMSTRONG
SECERATRY
- Total calculated
- $0
-
Ken DeyKEN DEY
CHAIR ELECT
- Total calculated
- $0
-
Joe HenriksenJOE HENRIKSEN
CHAIR
- Total calculated
- $0
-
Kelly OlsonKELLY OLSON
VICE CHAIR
- Total calculated
- $0
-
Tom SchultzTOM SCHULTZ
VICE CHAIR
- Total calculated
- $0
-
Norm VarinNORM VARIN
VICE CHAIR
- Total calculated
- $0
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.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 30 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333199349324573
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