Illinois Lumber And Material Dealers Insurance Trust

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

EIN: 371238314 ✦ Springfield, IL ✦ Designated as a 501(c)(9)

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Overview

What is Illinois Lumber And Material Dealers Insurance Trust?

The Illinois Lumber and Material Dealers Insurance Trust is a nonprofit organization situated in Springfield, Illinois. Its primary mission is to offer educational and training benefits to its participants. This is achieved throughout the year, as well as during an annual convention. The trust aims to enhance the skills and knowledge of its members, thereby contributing to their professional growth and development within the industry.

Is Illinois Lumber And Material Dealers Insurance Trust legitimate?

Illinois Lumber And Material Dealers Insurance Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Illinois Lumber And Material Dealers Insurance Trust 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

What is the mission statement of Illinois Lumber And Material Dealers Insurance Trust?

The Illinois Lumber and Material Dealers Insurance Trust is committed to providing educational and training benefits to its participants. This mission is carried out throughout the year, with an annual convention serving as a key platform. The trust's primary goal is to enhance the knowledge and skills of its participants, thereby contributing to their professional growth and development. The training and education benefits offered by the trust aim to equip participants with the necessary tools and skills to navigate their respective industries effectively.

Who is the CEO of Illinois Lumber And Material Dealers Insurance Trust?

Barry Johnson is the Chairman of Illinois Lumber And Material Dealers Insurance Trust.

What is the revenue of Illinois Lumber And Material Dealers Insurance Trust?

Illinois Lumber And Material Dealers Insurance Trust's revenue in 2023 was $4,871.

Who are the executives of Illinois Lumber And Material Dealers Insurance Trust and what are their salaries?


Here are 5 key members and their salaries:


Dan Welty (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maurice Netemeyer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Mette (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lester Gray (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug White (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Illinois Lumber And Material Dealers Insurance Trust?

Illinois Lumber And Material Dealers Insurance Trust's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Illinois Lumber And Material Dealers Insurance Trust

Illinois Lumber and Material Dealers Insurance Trust is committed to providing educational and training benefits to its participants. This nonprofit organization, with its primary mission, aims to offer valuable learning opportunities throughout the year, culminating in an annual convention. By offering these training and education benefits, the Trust seeks to empower and enrich its participants, fostering personal and professional growth within the lumber and material dealing industry.

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Impact




October, 2024

Illinois Lumber And Material Dealers Insurance Trust significantly enhances the capabilities and knowledge of those within the lumber and material industry. By providing comprehensive training and educational benefits, it empowers participants to stay informed about industry standards, best practices, and emerging trends.

Throughout the year, the Trust organizes various educational initiatives and hosts an annual convention, which serves as a platform for networking and skill development. This ongoing commitment to professional development fosters a more knowledgeable workforce, ultimately leading to improved practices and efficiencies within the industry. The focus on mutual benefit ensures that all participants can leverage these resources to enhance their business operations and contribute to the overall growth of the sector in Illinois.




This information is meant to be a general summary of Illinois Lumber And Material Dealers Insurance Trust. 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
$4,871 (2023)
Expenses
$86,175 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $333
  • Gross Receipts: $175,215

Assets and Liabilities:

  • Total Assets: $148,360
  • Total Liabilities: $0
  • Net Assets: $148,360

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Organization Details

Founding Year

1988

Principal Officer

Barry Johnson

Main Address

932 SOUTH SPRING STREET, SPRINGFIELD, IL, 62704

NTEE Category

Code: Y40 - Mutual benefit

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