INDEPENDENT LUBRICANT MANUFACTURERS ASSOCIATION

EIN: 440554072

ALEXANDRIA, VA

Total Revenue
$4,210,283
Total Expenses
$3,889,457
Total Assets
$8,154,606
Net Assets
$6,608,157
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1948
Legal Domicile
DC
Principal Officer
HOLLY ALFANO
Phone
7036845574
Tax Period
2023-01-01 to 2023-12-31

INDEPENDENT LUBRICANT MANUFACTURERS ASSOCIATION, founded in 1948, is a community nonprofit that reported $4.2M in total revenue in fiscal year 2023. Revenue surged 49% from the prior year, signaling strong growth momentum. Expenses of $3.9M left a modest 8% surplus.

Mission

ILMA'S TOP PRIORITY IS TO ASSIST MEMBERS IN PROVIDING THE SAFEST, HIGHEST-QUALITY PRODUCTS TO CUSTOMERS FOR INDUSTRIAL, TRANSPORTATION AND HOUSEHOLD USE.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

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...

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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.

Program 2
Expenses: $0 Revenue: $0

INDUSTRY AND GOVERNMENT AFFAIRS:ON AN ONGOING BASIS, ILMA SURVEYS MANUFACTURING MEMBERS REGARDING THEIR REGULATORY AND LEGISLATIVE PRIORITIES. UTILIZING THAT INFORMATION, ILMA PRIORITIZES ITS...

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INDUSTRY AND GOVERNMENT AFFAIRS:ON AN ONGOING BASIS, ILMA SURVEYS MANUFACTURING MEMBERS REGARDING THEIR REGULATORY AND LEGISLATIVE PRIORITIES. UTILIZING THAT INFORMATION, ILMA PRIORITIZES ITS ADVOCACY AGENDA FOR THE YEAR. ILMA MONITORS LEGISLATION AND PARTICIPATES IN VARIOUS INDUSTRY COALITIONS ADVOCATING ISSUES THAT REFLECT THE MEMBERS' CONCERNS. IN ADDITION, ILMA INFORMS MEMBERS OF EMERGING REGULATORY MATTERS AND PROVIDES GUIDANCE TO THE AGENCIES AS IT IS DEVELOPING REGULATIONS, AS WELL AS COMPLIANCE INFORMATION FOR MEMBERS AS REGULATIONS ARE IMPLEMENTED. IN 2023 ILMA EXPANDED IT'S ADVOCACY TO INCLUDE LONG TERM REGULATORY ISSUES RELATED TO ELECTRIC VEHICLES, EMPTY DRUMS, OILY WASTEWATER AND PFAS. THOSE EXPENSES WERE $32,316 (PART OF THE TOTAL PROGRAM EXPENSE).

Program 3
Expenses: $0 Revenue: $0

PUBLICATIONS:COMPOUNDINGS MAGAZINE IS ILMA'S PRIMARY COMMUNICATION TOOL. THROUGH ITS MONTHLY DISTRIBUTION, COMPOUNDINGS INFORMS MEMBERS ABOUT TRENDS IN THE LUBRICANTS INDUSTRY AND PROVIDES A VENUE...

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PUBLICATIONS:COMPOUNDINGS MAGAZINE IS ILMA'S PRIMARY COMMUNICATION TOOL. THROUGH ITS MONTHLY DISTRIBUTION, COMPOUNDINGS INFORMS MEMBERS ABOUT TRENDS IN THE LUBRICANTS INDUSTRY AND PROVIDES A VENUE WHERE MEMBERS CAN BECOME KNOWN IN THE INDUSTRY THROUGH ADVERTISING, COLUMNS AND ARTICLES. ALL ILMA MEMBER COMPANY EMPLOYEES ARE ELIGIBLE FOR A FREE COMPOUNDINGS SUBSCRIPTION AND UNLIMITED ACCESS TO DIGITAL COMPOUNDINGS.THE ILMA INDUSTRY DIRECTORY IS NOW AN E-DIRECTORY AVAILABLE ON-LINE AND PROVIDES A "WHO'S WHO" WITHIN THE INDUSTRY, AS WELL AS AN OVERVIEW OF THE GLOBAL LUBRICANTS MARKET. THE DIRECTORY HAS ADVERTISING OPPORTUNITIES.THE ILMA MEMBERSHIP DIRECTORY IS AN ONLINE RESOURCE PROVIDING A LIST OF ALL COMPANIES AND INDIVIDUALS IN THE INDUSTRY TO MEMBERS.ILMA WEEK DELIVERS A WRAP OF THE WEEK'S PUBLIC POLICY NEWS TO YOUR INBOX EVERY FRIDAY. ALL MEMBER COMPANY EMPLOYEES AUTOMATICALLY RECEIVE ILMA WEEK.ILMA NEWS IS THE ASSOCIATION'S PRIMARY WAY OF GIVING MEMBERS UP-TO-THE-MINUTE NEWS, INCLUDING ALERTS ABOUT PROGRAMS, EVENTS AND MEETINGS. ALL MEMBER COMPANY EMPLOYEES AUTOMATICALLY RECEIVE ILMA NEWS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,058,236
Investment Income $42,116
Other Revenue $109,931
TOTAL REVENUE $4,210,283

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,065,147
Fundraising Expenses $0
Other Expenses $2,824,310
TOTAL EXPENSES $3,889,457

Year-over-Year Comparison

2023 2022 Change
Revenue $4,210,283 $2,833,624 +0.5%
Expenses $3,889,457 $2,860,028 +0.4%
Net Income $320,826 $-26,404 -13.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
18
Independent Members
18
Employees
7
Volunteers
18

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$363,920
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANN BALL PRESIDENT 5.00
Officer Director
$0 $0 $0
CATHARINE GOLDEN VICE-PRESIDENT 1.00
Officer Director
$0 $0 $0
RICHARD CAMPER TREASURER (THRU 10/23) 5.00
Officer Director
$0 $0 $0
JIM CARROLL SECRETARY 1.00
Officer Director
$0 $0 $0
MICHAEL DAMIANI IMMEDIATE PAST PRESIDENT 1.00
Director
$0 $0 $0
CHUCK DECKER PAST PRESIDENT 5.00
Director
$0 $0 $0
BARBARA KUDIS PAST PRESIDENT 2.00
Director
$0 $0 $0
TONY SPRINGER BOARD OF DIRECTOR 1.00
Director
$0 $0 $0
FRANK HAMILTON III BOARD OF DIRECTOR 1.00
Director
$0 $0 $0
DAN OWCZARZAK BOARD OF DIRECTOR 1.00
Director
$0 $0 $0
GREG JULIAN BOARD OF DIRECTOR 1.00
Director
$0 $0 $0
JOHN LORIMOR BOARD OF DIRECTOR 1.00
Director
$0 $0 $0
MATTHEW MCGINNIS BOARD OF DIRECTOR 1.00
Director
$0 $0 $0
DAVE RICHARDS BOARD OF DIRECTOR 1.00
Director
$0 $0 $0
TOM SCHROEDER BOARD OF DIRECTOR 1.00
Director
$0 $0 $0
MIKE SKURITOVICH BOARD OF DIRECTOR 1.00
Director
$0 $0 $0
DONNA NIJAK BOARD OF DIRECTOR 1.00
Director
$0 $0 $0
DEAN FRONEY BOARD OF DIRECTOR 1.00
Director
$0 $0 $0
HOLLY ALFANO CEO 40.00
Officer
$302,323 $61,597 $363,920
CAITLIN JACOBS DIRECTOR OF COMMUNICATIONS 40.00
Highest
$129,201 $14,841 $144,042
MELISSA EDWARDS DIRECTOR OF MEETINGS 40.00
Highest
$116,961 $16,033 $132,994
AMBER MONROE DIRECTOR OF MARKETING 40.00
Highest
$104,750 $12,696 $117,446
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $4,210,283 $3,889,457 $8,154,606 $320,826
2022 $2,833,624 $2,860,028 $7,301,312 $-26,404
2021 $4,142,344 $3,328,483 $7,668,053 $813,861
2020 $1,945,826 $2,188,763 $7,133,976 $-242,937
2019 $3,584,226 $3,775,798 $6,702,247 $-191,572
2018 $4,146,901 $3,411,258 $5,958,007 $735,643
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