Overview
What is Bearing Specialists Association?
The Bearing Specialists Association (BSA) is a nonprofit organization located in Glen Ellyn, Illinois. Its primary mission is to serve as a platform fostering networking and knowledge sharing among authorized distributors of bearing products and their suppliers. BSA organizes membership conventions, attracting around 275 attendees, where educational seminars are held, future plans are discussed, and goals are reviewed. The organization critiques previous year's results and elects new officers. BSA's primary objective is to promote the sales of bearings through its authorized distributors, thereby strengthening industry connections and knowledge exchange.
Official website here: www.bsahome.org
Is Bearing Specialists Association legitimate?
Bearing Specialists Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Bearing Specialists 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:
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Official website here: www.bsahome.org
What is the mission statement of Bearing Specialists Association?
The Bearing Specialists Association serves as a platform, promoting networking and knowledge sharing among authorized distributors of bearing products. Their mission is centered around boosting sales through this network. They achieve this by hosting membership conventions, inviting suppliers, conducting educational seminars, and setting future plans and goals. The events provide an opportunity to review previous year's results, critique performance, and elect new officers. The association's activities aim to enhance the collective knowledge and sales effectiveness of its members in the bearing industry.
Official website here: www.bsahome.org
Who is the CEO of Bearing Specialists Association?
Jerilyn Church is the President of Bearing Specialists Association.
Official website here: www.bsahome.org
What is the revenue of Bearing Specialists Association?
Bearing Specialists Association's revenue in 2022 was $1,248,054.
Official website here: www.bsahome.org
Who are the executives of Bearing Specialists Association and what are their salaries?
There 100 volunteers at Bearing Specialists Association.
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Official website here: www.bsahome.org
Where can I find the form 990 for Bearing Specialists Association?
Bearing Specialists Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bsahome.org
Learn more at the official website: www.bsahome.org
Mission Statement of Bearing Specialists Association
The Bearing Specialists Association, abbreviated as BSA, serves as a platform for enhancing networking and knowledge sharing among authorized distributors of bearing products. Their primary mission is to promote the sales of bearings through these authorized distributors. This mission is achieved through various means, including membership conventions, educational seminars, and goal-setting sessions. At these conventions, which are typically attended by around 275 individuals, authorized distributors of bearing products and invited suppliers come together. They engage in knowledge sharing, future planning, and critiquing of previous year's results. Furthermore, officers for the association are elected during these conventions. This mission of BSA aims to foster a collaborative environment that benefits both the bearing product suppliers and the authorized distributors, ultimately driving sales in the bearing industry.
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Impact
October, 2024
The Bearing Specialists Association significantly influences the bearing industry by providing a dedicated platform for networking and knowledge sharing among authorized distributors. By facilitating membership conventions that draw approximately 275 participants, BSA fosters collaborative opportunities where distributors and suppliers can connect, share insights, and strategize for future growth.
Educational seminars at these events enhance the industry's overall knowledge base, empowering members to improve their sales strategies and operational efficiencies. BSA also plays a crucial role in assessing past performance and setting future objectives, ensuring that members are equipped to navigate the evolving market landscape effectively.
Through its commitment to community improvement, BSA not only supports the individual growth of its members but also contributes to the broader advancement of the bearing industry. This collaborative approach ultimately promotes the sales of bearings, benefiting both distributors and the market as a whole.
This information is meant to be a general summary of Bearing Specialists 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $569
- Program Service Revenue: $1,245,885
- Gross Receipts: $1,248,054
Assets and Liabilities:
- Total Assets: $444,792
- Total Liabilities: $69,398
- Net Assets: $375,394
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONVENTIONS AND MEETIN
Revenue
$987,144
MEMBER DUES
Revenue
$240,931
CERTIFICATION
Revenue
$17,810
Organization Details
Founding Year
1967
Phone
(630) 858-7337Principal Officer
Jerilyn Church
Main Address
800 ROOSEVELT RD BLDG C-312, GLEN ELLYN, IL, 601375839
Website
www.bsahome.orgNTEE Category
Code: S41 - Community improvement
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