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Independent Lubricant Manufacturers Association Foundation

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

EIN: 264464937 ✦ Alexandria, VA ✦ Designated as a 501(c)(3)

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Overview

What is Independent Lubricant Manufacturers Association Foundation?

The Independent Lubricant Manufacturers Association Foundation is a nonprofit organization situated in Alexandria, Virginia. Their primary mission involves managing a scholarship program intended to aid students in pursuing their educational aspirations. The foundation fosters a strong commitment to ethical standards and conduct within the lubricants industry. They receive financial support from association members, which is subsequently used to grant scholarships to deserving students. The foundation's work is instrumental in promoting academic growth while upholding ethical values in the lubricants sector.


Official website here: www.ilma.org/foundation

Is Independent Lubricant Manufacturers Association Foundation legitimate?

Independent Lubricant Manufacturers Association Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Independent Lubricant Manufacturers Association Foundation submitted a form 990EZ, 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.


Official website here: www.ilma.org/foundation

What is the mission statement of Independent Lubricant Manufacturers Association Foundation?

The Independent Lubricant Manufacturers Association Foundation serves a mission to support the educational aspirations of students by administering a scholarship program. The foundation upholds ethical standards and conduct within the lubricants industry. It achieves this mission by receiving contributions from association members and channeling them towards deserving scholarship recipients. The foundation, however, is not limited to this sole objective; it also advocates for ethical practices in the lubricants industry.


Official website here: www.ilma.org/foundation

Who is the CEO of Independent Lubricant Manufacturers Association Foundation?

Dave Diberto is the Treasurer of Independent Lubricant Manufacturers Association Foundation.


Official website here: www.ilma.org/foundation

What is the revenue of Independent Lubricant Manufacturers Association Foundation?

Independent Lubricant Manufacturers Association Foundation's revenue in 2022 was $108,666.


Official website here: www.ilma.org/foundation

Who are the executives of Independent Lubricant Manufacturers Association Foundation and what are their salaries?


Here are 12 key members and their salaries:


Jarrett Flegel (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Diberto (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Damiani (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Ann Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Bellanti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Decker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Schroeder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Kudis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gabe Rhoads (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Mazzamaro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leanne Cleland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ilma.org/foundation

Where can I find the form 990EZ for Independent Lubricant Manufacturers Association Foundation?

Independent Lubricant Manufacturers Association Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.ilma.org/foundation

Learn more at the official website: www.ilma.org/foundation

Mission Statement of Independent Lubricant Manufacturers Association Foundation

The Independent Lubricant Manufacturers Association Foundation is committed to supporting the educational aspirations of students by administering a scholarship program. This nonprofit organization upholds ethical standards and conduct within the lubricants industry. Funding for these scholarships is sourced from contributions made by its association members, which are subsequently distributed to deserving students who have been approved and awarded scholarships. The Independent Lubricant Manufacturers Association Foundation plays an instrumental role in fostering the growth and development of future leaders in the lubricants industry.

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Impact




October, 2024

The Independent Lubricant Manufacturers Association Foundation significantly impacts education and ethical standards within the lubricants industry. By administering a scholarship program, the foundation supports students in achieving their educational goals, thereby fostering the next generation of professionals in the field. Contributions from association members bolster the scholarship fund, allowing for the distribution of financial assistance to deserving students.

Additionally, the foundation plays a crucial role in promoting high ethical standards and conduct within the lubricants industry. This commitment to integrity not only elevates the profession but also encourages a culture of responsibility and accountability among industry participants, directly influencing business practices and enhancing the overall reputation of the lubricants sector. Through these initiatives, the foundation creates lasting positive change both in education and the industry at large.




This information is meant to be a general summary of Independent Lubricant Manufacturers Association Foundation. 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
$108,666 (2022)
Expenses
$93,727 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $108,666

Assets and Liabilities:

  • Total Assets: $407,766
  • Total Liabilities: $0
  • Net Assets: $407,766

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Organization Details

Principal Officer

Dave Diberto

Main Address

675 N WASHINGTON STREET 275, ALEXANDRIA, VA, 223142374

NTEE Category

Code: T31 - Philanthropy

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