Mid-West Fastener Association

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

EIN: 363035148 ✦ Lake zurich, IL ✦ Designated as a 501(c)(6)

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Overview

What is Mid-West Fastener Association?

The Mid-West Fastener Association, located in Lake Zurich, Illinois, serves as a pivotal organization within the fastener industry. This nonprofit association, with a mission to support and promote the industry, conducts conferences and meetings, offering a platform for its members to engage in discussions about industry-related matters and showcase their products and services. Acting as a trade service organization in the Midwest region, the Mid-West Fastener Association is dedicated to representing various sectors of the industry, including manufacturers, distributors, importers, and suppliers. Their purpose is to cater to the evolving needs of their membership, maintaining a commitment to uphold the interests of the fastener industry as a whole.


Official website here: www.mwfa.net

Is Mid-West Fastener Association legitimate?

Mid-West Fastener Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Mid-West Fastener Association 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: $79,980
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mwfa.net

What is the mission statement of Mid-West Fastener Association?

The Mid-West Fastener Association (MWFA) serves and promotes the fastener industry, addressing the evolving needs of its membership. The organization is committed to representing various sectors of the industry, including manufacturers, distributors, importers, and suppliers. The MWFA's primary purpose is to advocate for the entire fastener industry and provide a platform for its members to discuss industry matters. Conferences and meetings organized by the association offer an opportunity for members to promote their products and services within the fastener industry.


Official website here: www.mwfa.net

Who is the CEO of Mid-West Fastener Association?

Nancy Rich is the President of Mid-West Fastener Association.


Official website here: www.mwfa.net

What is the revenue of Mid-West Fastener Association?

Mid-West Fastener Association's revenue in 2022 was $325,385.


Official website here: www.mwfa.net

Who are the executives of Mid-West Fastener Association and what are their salaries?


Here are 5 key members and their salaries:


Jake Davis (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Baer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Lewis (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Rich (Executive Director)
  • Compensation: $0
  • Related: $86,236
  • Other: $0
Bobby Wegner (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mwfa.net

Where can I find the form 990 for Mid-West Fastener Association?

Mid-West Fastener Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mwfa.net

Learn more at the official website: www.mwfa.net

Mission Statement of Mid-West Fastener Association

The Mid-West Fastener Association, abbreviated as MWFA, is a trade service organization with a mission to serve and promote the fastener industry in the midwest region. This organization is dedicated to representing all segments of the industry, including manufacturers, distributors, importers, and suppliers. The primary goal of the MWFA is to cater to the ever-changing needs of its membership, ensuring that all parties within the fastener industry are well-represented and supported.

In pursuit of this mission, the MWFA organizes conferences and meetings where members can engage in discussions regarding industry matters. These events serve as platforms for promoting products and services related to the fastener industry. By fostering such opportunities, the MWFA aims to contribute to the growth and development of the fastener industry, benefiting its members and the broader community.

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Impact




October, 2024

The Mid-West Fastener Association significantly impacts the fastener industry in the Midwest by fostering a collaborative environment for manufacturers, distributors, importers, and suppliers. Through organized conferences and meetings, it facilitates discussions on industry matters, promotes products and services, and addresses the evolving needs of its members. This engagement not only enhances communication within the industry but also strengthens relationships among various stakeholders. By representing all segments of the fastener industry, the MWFA plays a crucial role in driving innovation, improving standards, and supporting community improvement initiatives, ultimately contributing to a more robust and sustainable fastener sector in the region.




This information is meant to be a general summary of Mid-West Fastener Association. 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
$325,385 (2022)
Expenses
$246,191 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $300,434
  • Gross Receipts: $372,334

Assets and Liabilities:

  • Total Assets: $516,879
  • Total Liabilities: $0
  • Net Assets: $516,879

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Programs

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

FASTENER SHOW

Revenue

$119,021

MEMBERSHIP DUES

Revenue

$72,731

MEMBERSHIP MEETINGS

Revenue

$50,619

SCHOLARSHIP INCOME

Revenue

$33,225

ACCRUAL TO CASH ADJUST

Revenue

$24,838

Organization Details

Founding Year

1946

Principal Officer

Nancy Rich

Main Address

PO BOX 5, LAKE ZURICH, IL, 60047

NTEE Category

Code: S41 - Community improvement

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