Independent Lubricant Manufacturers Association
Nonprofit profile at a glance
- EIN
- 440554072
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Alexandria, VA, USA
- Phone
- 7036845574
- Rating confidence
- Limited
Reported finances
- Revenue
- $4,521,710
- Expenses
- $4,254,101
- Assets
- $8,581,965
- Liabilities
- $1,263,243
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
22 people listed
Executive titles in this filing
- ANN BALL (IMMEDIATE PAST PRESIDENT)
- CATHARINE GOLDEN (PRESIDENT)
- RICHARD CAMPER (VICE-PRESIDENT)
- MICHAEL DAMIANI (PAST PRESIDENT)
- CHUCK DECKER (PAST PRESIDENT)
- BARBARA KUDIS (PAST PRESIDENT)
Highest reported compensation
- HOLLY ALFANO (CEO): $382,017 total reported compensation
- CAITLIN JACOBS (DIRECTOR OF COMMUNICATIONS): $152,988 total reported compensation
- MELISSA EDWARDS (DIRECTOR OF MEETINGS): $143,590 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Ilma's top priority is to assist members in providing the safest, highest-quality products to customers for industrial, transportation and household use.
What it reported doing in 2024
Meeting management: ilma's meetings have become known as the best place to learn about trends in the lubricants industry, reconnect with old colleagues and meet new associates.when planning the programs for both the ilma engage and annual meeting, ilma keeps you and your business in mind for what will be presented at the sessions and how attendees can reach out to customers during the day and evening. Two meetings are held each year to provide educational and networking opportunities for the industry: ilma engage and ilma" s annual meeting.ilma engage, a new approach to the spring meeting launched in 2019, occurs over three days typically in april. The kickoff of the meeting is committee day, with networking options during the day, an obvious and excellent way for members to engage with each other to discuss the industry issues of the day. With this fresh meeting experience, ilma offers excellent speakers, a "town hall" lunch session that gives updates on important industry issues, as well as ilma conversations that engage the speakers and audience in a more relaxed, informal setting. And, as always, plenty of opportunities to network.ilma's annual meeting, typically held each october, is four days of committee and technical sessions, with networking opportunities and social/sporting events. In 2023, ilma celebrated it's 75th year anniversary which was part of the annual meeting.
Operating model
- Revenue model
- Earned-program. 91% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Accountability: 95
- Sustainability: 51
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 5.9%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 2.02; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 51; 51st percentile among comparable filings
- Officer compensation ratio: 18.9%; rating input score 13; 13th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 1.8% per year; rating input score 100; 19th percentile among comparable filings
- Asset growth: 5.3% per year; rating input score 100; 36th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 18 of 18 board members independent · 7 of 8 filing controls reported
- Programs: 4 filed program accomplishments
- Leadership: top reported pay $382K · 22 people listed · 3 of 6 pay-setting controls reported
- Consistency: 12 of 12 current checks pass
- Schedules: 6 filed schedules · includes executive pay
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Sustainability: Operating margin scored 53/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- High — Sustainability: Officer compensation ratio scored 13/100.
- Review — Sustainability: Liabilities to assets ratio scored 51/100.