Industrial Auctioneers Association Inc

Iaa

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

EIN: 521917086 ✦ Mundelein, IL ✦ Designated as a 501(c)(6)

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Overview

What is Industrial Auctioneers Association Inc?

The Industrial Auctioneers Association Inc, abbreviated as IAA, is a unique nonprofit organization situated in Mundelein, Illinois. Established with the sole purpose of representing industrial machinery and equipment auctioneers, IAA serves as a collective platform for its members. By hosting meetings, conventions, and promotional events, the association aims to promote the use of auctions as an effective method for disposing of industrial assets. The IAA's mission is to elevate the reputation of the industrial auctioneering profession and increase its recognition as a primary choice for liquidating such assets. By doing so, the association contributes to boosting awareness and understanding of the auction method within the industrial sector.


Official website here: www.industrialauctioneers.org/

Is Industrial Auctioneers Association Inc legitimate?

Industrial Auctioneers Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Industrial Auctioneers 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: $0

For more financial information, click here


Official website here: www.industrialauctioneers.org/

What is the mission statement of Industrial Auctioneers Association Inc?

The Industrial Auctioneers Association Inc serves as the world's first and exclusive association for industrial machinery and equipment auctioneers. Its mission is to convene in meetings and conventions, aiming to promote and discuss the advantages of the auction method as a preferred method for liquidating industrial assets. The association's primary objective is to elevate the recognition of the industrial auctioneering profession, thereby encouraging its widespread utilization. Through these gatherings, the Industrial Auctioneers Association Inc fosters a collective platform to support member benefits.


Official website here: www.industrialauctioneers.org/

Who is the CEO of Industrial Auctioneers Association Inc?

Samantha Chiappi - Executive Direct is the Principal Officer of Industrial Auctioneers Association Inc.


Official website here: www.industrialauctioneers.org/

What is the revenue of Industrial Auctioneers Association Inc?

Industrial Auctioneers Association Inc's revenue in 2022 was $389,470.


Official website here: www.industrialauctioneers.org/

Who are the executives of Industrial Auctioneers Association Inc and what are their salaries?

There 35 volunteers at Industrial Auctioneers Association Inc.


Here are 12 key members and their salaries:


Samantha Chiappe (Executive Director)
  • Compensation: $20,000
  • Related: $0
  • Other: $0
Adam Alexander (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ghislaine Duikmelings (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jasen Kisber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Fiegel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terrance Jacobs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Matxed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Tivin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shira Weissman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duncanc Ainscough (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Morgenstern (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Dove (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.industrialauctioneers.org/

Where can I find the form 990 for Industrial Auctioneers Association Inc?

Industrial Auctioneers Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.industrialauctioneers.org/

Learn more at the official website: www.industrialauctioneers.org/

Mission Statement of Industrial Auctioneers Association Inc

The Industrial Auctioneers Association Inc, being the world's first and sole organization dedicated to industrial machinery and equipment auctioneers, aims to serve its members collectively. Their mission is to convene meetings and organize conventions, acting as a platform to discuss and promote the advantages of the auction method as a primary means of liquidating industrial assets. Through these events, the Industrial Auctioneers Association Inc aims to increase the visibility and recognition of the industrial auctioneering profession, thereby encouraging its use as a preferred method for disposing of industrial assets.

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Impact




October, 2024

Industrial Auctioneers Association Inc plays a crucial role in advancing the industrial auctioneering profession by serving as a unified platform for auctioneers specializing in industrial machinery and equipment. Through its meetings, conventions, and promotional efforts, the association raises awareness about the benefits of using the auction method for liquidating industrial assets. This not only enhances visibility for the profession but also provides members with valuable networking opportunities and resources to support their individual businesses.

By fostering a community of industrial auctioneers, the association encourages best practices and shares industry knowledge, helping members to thrive in a competitive marketplace. The organization’s initiatives contribute to improving the overall landscape of industrial asset liquidation, making auctions a primary choice for businesses looking to efficiently dispose of machinery and equipment. In essence, the Industrial Auctioneers Association serves as a vital advocate for the auction method, thereby facilitating community improvement and supporting economic growth within the industrial sector.




This information is meant to be a general summary of Industrial Auctioneers 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.

Revenue
$389,470 (2022)
Expenses
$341,097 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $389,470
  • Gross Receipts: $389,470

Assets and Liabilities:

  • Total Assets: $614,532
  • Total Liabilities: $0
  • Net Assets: $614,532

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Organization Details

Founding Year

1995

Principal Officer

Samantha Chiappi - Executive Direct

Main Address

1425 Huntington Dr, Mundelein, IL, 60060

NTEE Category

Code: S41 - Community improvement

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