Illinois Valley Contractors Industrial Advancement Fund

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

EIN: 366211030 ✦ Lasalle, IL ✦ Designated as a 501(c)(6)

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Overview

What is Illinois Valley Contractors Industrial Advancement Fund?

The Illinois Valley Contractors Industrial Advancement Fund is a nonprofit organization based in LaSalle, Illinois. Its primary mission is to foster dialogue, education, and information sharing among labor and management representatives in the construction industry within the Illinois Valley area. This organization aims to boost job opportunities in the construction sector by disseminating information about upcoming projects and bids. Serving approximately 400 contractors, the Illinois Valley Contractors Industrial Advancement Fund works diligently to advance, improve, and promote the construction industry in the region, ultimately benefiting both employers and employees.

Is Illinois Valley Contractors Industrial Advancement Fund legitimate?

Illinois Valley Contractors Industrial Advancement Fund is a legitimate nonprofit organization registered as a 501(c)(6) entity. Illinois Valley Contractors Industrial Advancement Fund 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: $127,950
Professional Fundraising Fees: $0
Other Salaries and Wages: $74,703

For more financial information, click here

What is the mission statement of Illinois Valley Contractors Industrial Advancement Fund?

The Illinois Valley Contractors Industrial Advancement Fund's mission is centered around enhancing and promoting the construction industry. Specifically, its goal is to advance, improve, and foster growth in this sector. To achieve this, the organization acts as a platform for dialogue, education, and information sharing among labor and management representatives in the construction industry. Furthermore, it expands employment opportunities for construction employers and their workers by disseminating information about upcoming projects and bids. Serving approximately 400 contractors in the Illinois Valley area, this organization plays a significant role in the local construction industry.

Who is the CEO of Illinois Valley Contractors Industrial Advancement Fund?

Dan Aussem is the Trustee of Illinois Valley Contractors Industrial Advancement Fund.

What is the revenue of Illinois Valley Contractors Industrial Advancement Fund?

Illinois Valley Contractors Industrial Advancement Fund's revenue in 2022 was $407,776.

Who are the executives of Illinois Valley Contractors Industrial Advancement Fund and what are their salaries?

The average compensation at Illinois Valley Contractors Industrial Advancement Fund during 2022 was $50,663. There are 4 employees at Illinois Valley Contractors Industrial Advancement Fund.


Here are 5 key members and their salaries:


Brad Bruins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Ruiz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Kummer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Aussem (Trustee)
  • Compensation: $108,432
  • Related: $0
  • Other: $19,518
Keith Conrad (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Illinois Valley Contractors Industrial Advancement Fund?

Illinois Valley Contractors Industrial Advancement Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Illinois Valley Contractors Industrial Advancement Fund

The Illinois Valley Contractors Industrial Advancement Fund is committed to enhancing, improving, and promoting the construction industry within its sphere. As part of its mission, the organization serves as a platform for open dialogue, education, and information exchange among representatives from both labor and management sectors, specifically within the construction industry. Furthermore, the Fund seeks to expand employment opportunities within the construction sector by disseminating information about upcoming projects and bids. The organization caters to approximately 400 contractors operating in the Illinois Valley area, contributing to the growth and development of the construction industry within this region.

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Impact




October, 2024

The Illinois Valley Contractors Industrial Advancement Fund plays a crucial role in enhancing and promoting the construction industry in the Illinois Valley. By providing a dedicated forum for discussion, education, and information sharing, it fosters collaboration between labor and management representatives.

The Fund actively expands job opportunities for construction employers and their employees by disseminating important information about upcoming construction projects and bids. With a focus on serving approximately 400 contractors in the area, it cultivates a supportive environment that helps drive industry growth and community improvement in LaSalle, IL. This collaborative approach not only benefits local contractors but also strengthens the overall economic landscape of the Illinois Valley.




This information is meant to be a general summary of Illinois Valley Contractors Industrial Advancement Fund. 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
$407,776 (2022)
Expenses
$378,931 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $83,893
  • Program Service Revenue: $279,314
  • Gross Receipts: $556,673

Assets and Liabilities:

  • Total Assets: $748,330
  • Total Liabilities: $59,312
  • Net Assets: $689,018

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Programs

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

CONTRACTOR CONTRIBUTIO

Revenue

$279,314

Organization Details

Founding Year

1971

Principal Officer

Dan Aussem

Main Address

1120 FIRST STREET, LASALLE, IL, 61301

NTEE Category

Code: S43 - Community improvement

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