Overview
What is Independent Beauty Association Inc?
Independent Beauty Association Inc is a nonprofit organization dedicated to supporting and empowering entrepreneurial companies in the cosmetics and personal care industries on a global scale. Their mission encompasses education and fostering the growth and profitability of these enterprises. By providing relevant resources and services, the Independent Beauty Association Inc aims to contribute to the success of these companies, ensuring their sustained presence in the competitive beauty market.
Is Independent Beauty Association Inc legitimate?
Independent Beauty Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Independent Beauty Association Inc 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: $1,133,502
For more financial information, click here
What is the mission statement of Independent Beauty Association Inc?
The Independent Beauty Association Inc's mission is to serve and educate its member companies in the cosmetic and personal care industries globally. Their objective is to promote the growth and profitability of these entrepreneurial firms. The association plays a significant role in representing these companies, thereby fostering their development and success.
Who is the CEO of Independent Beauty Association Inc?
Donald H Frey is the CEO of Independent Beauty Association Inc The CEO's salary of Independent Beauty Association Inc is $268,250 and their total compensation is $268,250.
What is the revenue of Independent Beauty Association Inc?
Independent Beauty Association Inc's revenue in 2024 was $2,316,026.
Who are the executives of Independent Beauty Association Inc and what are their salaries?
The average compensation at Independent Beauty Association Inc during 2024 was $103,046. There are 11 employees and 75 volunteers at Independent Beauty Association Inc.
Here are 38 key members and their salaries (Independent Beauty Association Inc's CEO's salary is $268,250 and their total compensation is $268,250):
- Compensation: $268,250
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Where can I find the form 990 for Independent Beauty Association Inc?
Independent Beauty Association Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Independent Beauty Association Inc
Independent Beauty Association Inc, with its mission, seeks to uphold and advance the interests of entrepreneurial companies operating in the cosmetic and personal care industries on a global scale. This nonprofit organization is committed to representing and educating these businesses, aiming to bolster their growth and financial success. By doing so, it fosters a thriving ecosystem within the cosmetic and personal care sectors, ensuring the long-term prosperity of its members.
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Impact
October, 2024
Independent Beauty Association Inc plays a pivotal role in supporting entrepreneurial companies within the cosmetic and personal care industries. By focusing on member education and services, it fosters growth and profitability for these businesses, ensuring they can thrive in a competitive marketplace. Its efforts to represent these companies help amplify their voices, promoting innovation and collaboration. Additionally, through educational initiatives, it equips members with the knowledge and resources needed to navigate industry challenges and trends effectively. Overall, the organization's impact is significant in uplifting the community of independent beauty brands, enabling their success and enhancing the overall landscape of the industry.
This information is meant to be a general summary of Independent Beauty Association Inc. 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 2024.
- Program Service Revenue: $2,309,290
- Gross Receipts: $2,316,026
Assets and Liabilities:
- Total Assets: $938,285
- Total Liabilities: $753,951
- Net Assets: $184,334
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EU Address Fee
Revenue
$109,425
Fees For Service
Revenue
$676,195
Membership Dues & Assessments
Revenue
$1,055,370
Registration
Revenue
$201,804
Sponsorship
Revenue
$254,877
Organization Details
Principal Officer
Chris Hobson
NTEE Category
Code: S41 - Community improvement
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