Overview
What is Independent Lubricant Manufacturers Association?
The Independent Lubricant Manufacturers Association (ILMA) is a nonprofit organization based in Alexandria, Virginia. Its primary mission is to serve and advocate for independent lubricant manufacturers in the global marketplace. ILMA organizes two annual meetings, renowned for providing valuable insights into trends within the lubricants industry. These events also offer opportunities for networking, enabling industry professionals to reconnect with colleagues and establish new connections. ILMA's top priority is to assist its members in supplying the safest and highest-quality products for various applications, including industrial, transportation, and household use. With a team of 7 dedicated individuals, ILMA meetings have become a significant platform in the lubricants industry, fostering education and networking opportunities.
Official website here: www.ilma.org
Is Independent Lubricant Manufacturers Association legitimate?
Independent Lubricant Manufacturers Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Independent Lubricant Manufacturers 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: $359,927
Professional Fundraising Fees: $0
Other Salaries and Wages: $570,511
For more financial information, click here
Official website here: www.ilma.org
What is the mission statement of Independent Lubricant Manufacturers Association?
The Independent Lubricant Manufacturers Association (ILMA) prioritizes serving and advocating for independent lubricant manufacturers in the global marketplace. Their mission is to assist members in providing the safest and highest-quality lubricant products for industrial, transportation, and household use. ILMA's meetings, known for being an excellent resource for learning about trends in the lubricants industry, serve as a platform for industry professionals to reconnect with colleagues and meet new associates. Two meetings are held annually by ILMA, offering educational and networking opportunities for the industry. These events, such as ILMA ENGAGE and the annual meeting, contribute to the industry's advancement and knowledge-sharing.
Official website here: www.ilma.org
Who is the CEO of Independent Lubricant Manufacturers Association?
Holly Alfano is the President of Independent Lubricant Manufacturers Association. The CEO's salary of Independent Lubricant Manufacturers Association is $297,988 and their total compensation is $359,927.
Official website here: www.ilma.org
What is the revenue of Independent Lubricant Manufacturers Association?
Independent Lubricant Manufacturers Association's revenue in 2022 was $2,833,624.
Official website here: www.ilma.org
Who are the executives of Independent Lubricant Manufacturers Association and what are their salaries?
The average compensation at Independent Lubricant Manufacturers Association during 2022 was $132,920. There are 7 employees and 17 volunteers at Independent Lubricant Manufacturers Association.
Here are 20 key members and their salaries (Independent Lubricant Manufacturers Association's CEO's salary is $297,988 and their total compensation is $359,927):
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- Compensation: $297,988
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- Compensation: $109,750
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- Other: $14,676
- Compensation: $124,729
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- Other: $13,334
Official website here: www.ilma.org
Where can I find the form 990 for Independent Lubricant Manufacturers Association?
Independent Lubricant Manufacturers Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ilma.org
Learn more at the official website: www.ilma.org
Mission Statement of Independent Lubricant Manufacturers Association
The Independent Lubricant Manufacturers Association (ILMA) prioritizes serving and advocating for independent lubricant manufacturers in the global marketplace. Their mission is to aid their members in delivering the safest and highest-quality lubricant products to customers for various uses, including industrial, transportation, and household purposes. ILMA's meetings have gained a reputation as an excellent platform to learn about trends in the lubricants industry, reconnect with industry peers, and establish new connections. The organization hosts two annual meetings to provide educational and networking opportunities for the industry, including ILMA Engage and ILMA's Annual Meeting.
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Impact
October, 2024
The Independent Lubricant Manufacturers Association (ILMA) plays a vital role in supporting and advocating for independent lubricant manufacturers in a competitive global marketplace. By focusing on industry-specific education and networking, ILMA's meetings, such as ILMA Engage and the Annual Meeting, stand out as premier events for professionals looking to stay informed about the latest trends and developments in the lubricants industry.
These gatherings not only foster connections between established colleagues and new associates, but also offer valuable learning opportunities tailored to the needs of independent manufacturers. ILMA’s commitment to helping members deliver safe, high-quality products enhances the overall standards within the industry, impacting industrial, transportation, and household applications. Ultimately, ILMA contributes to the advancement of the lubricant sector, promoting community improvement through the dissemination of best practices and the establishment of robust industry standards.
This information is meant to be a general summary of Independent Lubricant Manufacturers 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: $12,435
- Program Service Revenue: $2,708,638
- Gross Receipts: $4,114,413
Assets and Liabilities:
- Total Assets: $7,301,312
- Total Liabilities: $1,842,794
- Net Assets: $5,458,518
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$945,602
ANNUAL MEETING
Revenue
$834,632
ILMA ENGAGE
Revenue
$660,846
ADVERTISING
Revenue
$267,558
Organization Details
Founding Year
1948
Phone
(703) 684-5574Principal Officer
Holly Alfano
Main Address
675 NORTH WASHINGTON STREET 275, ALEXANDRIA, VA, 223142374
Website
www.ilma.orgNTEE Category
Code: S41 - Community improvement
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