International Association Of Commercial

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237098369 ✦ Eagan, MN ✦ Designated as a 501(c)(6)

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Overview

What is International Association Of Commercial?

The International Association of Commercial, headquartered in Eagan, Minnesota, is a nonprofit organization dedicated to fostering the development of its members. They achieve this goal by offering educational resources and a collaborative environment. Through annual conventions, mid-year conferences, and online seminars, they engage around 150, 80, and 10-20 members respectively. Their activities extend beyond physical meetings, as they also publish a bi-monthly newsletter called Scope, which reaches approximately 250 members. Additionally, IACC offers a collector certification program, with 119 certified collectors currently participating. This program serves as an integral part of their commitment to professional growth in the commercial collection field.


Official website here: www.commercialcollector.com

Is International Association Of Commercial legitimate?

International Association Of Commercial is a legitimate nonprofit organization registered as a 501(c)(6) entity. International Association Of Commercial submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.commercialcollector.com

What is the mission statement of International Association Of Commercial?

The International Association of Commercial (IACC) aims to foster the growth of its members by providing educational resources and opportunities in a collaborative environment. They achieve this by organizing annual conventions, mid-year conferences, and numerous online seminars. These events attract a significant number of members, with the annual convention drawing around 150 attendees, the mid-year meeting around 80, and online seminars averaging 10-20 participants. IACC also publishes a bi-monthly newsletter, 'Scope', which is sent to approximately 250 members. Additionally, IACC offers a Collector Certification Program, with 119 certified collectors currently participating.


Official website here: www.commercialcollector.com

Who is the CEO of International Association Of Commercial?

Brad Lohner is the President of International Association Of Commercial.


Official website here: www.commercialcollector.com

What is the revenue of International Association Of Commercial?

International Association Of Commercial's revenue in 2022 was $253,316.


Official website here: www.commercialcollector.com

Who are the executives of International Association Of Commercial and what are their salaries?

There 50 volunteers at International Association Of Commercial.


Here are 12 key members and their salaries:


Jassim Darwish (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Lohner (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Cohen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Mcconville (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Vandenheuvel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Frazee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Tharnish (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Stiegel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Tier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Terry (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Ingold (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wanda Borges (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.commercialcollector.com

Where can I find the form 990 for International Association Of Commercial?

International Association Of Commercial's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.commercialcollector.com

Learn more at the official website: www.commercialcollector.com

Mission Statement of International Association Of Commercial

The International Association of Commercial, or IACC, focuses on fostering the growth of its members by providing them with educational resources and opportunities in a collaborative environment. The organization achieves this mission by hosting annual conventions, mid-year conferences, and various online seminars throughout the year. These events attract a substantial number of participants, with the annual convention typically attended by around 150 members, the mid-year meeting attracting approximately 80 members, and online seminars/teleseminars averaging 10-20 attendees each.

In addition to these events, IACC publishes a bi-monthly newsletter called "Scope" exclusively for its members. This publication is sent to approximately 250 members, keeping them informed and engaged with the latest news and developments within the association. Furthermore, IACC offers a Collector Certification Program, which currently has 119 certified collectors actively participating. This program serves to enhance the professional standing of its members and contribute to the overall growth and development of the commercial collecting industry.

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Impact




October, 2024

The International Association of Commercial Collectors (IACC) plays a significant role in enhancing the professional development and growth of its members within the commercial collections industry. Through educational initiatives and valuable resources, IACC fosters a collaborative environment that empowers members to excel in their careers.

IACC’s annual convention, mid-year conference, and various online seminars serve as critical platforms for networking and knowledge-sharing. With approximately 150 attendees at the convention and around 80 at the mid-year meeting, these events facilitate connections amongst industry professionals and stimulate discussions on best practices and emerging trends.

Additionally, the organization publishes a bi-monthly newsletter, "Scope," which provides members with timely information and insights, further contributing to their professional development. The presence of a collector certification program, with 119 active certified collectors, underscores IACC's commitment to promoting standards and professionalism within the industry.

Overall, the impact of IACC on its members translates into improved skills, enhanced professional networks, and a stronger, more knowledgeable community in the realm of commercial collections.




This information is meant to be a general summary of International Association Of Commercial. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$253,316 (2022)
Expenses
$265,194 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $175
  • Program Service Revenue: $118,920
  • Gross Receipts: $253,316

Assets and Liabilities:

  • Total Assets: $449,781
  • Total Liabilities: $165,081
  • Net Assets: $284,700

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONVENTIONS & SEMINARS

Revenue

$118,920

Organization Details

Founding Year

1970

Principal Officer

Brad Lohner

Main Address

3200 COURTHOUSE LANE, EAGAN, MN, 551211585

NTEE Category

Code: S41 - Community improvement

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