Civic Intelligence

MID-West Fastener Association

990 • Fiscal year 2022 • EIN 36-3035148

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 31, 2023

Organization ProfileWWW.MWFA.NET
PO Box 5Lake Zurich, IL 60047

(847) 438-8338

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

23rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

23rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2022

Net Margin

86th percentile

24%

Higher net margin than 86% of similar nonprofits.

2022 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

65th percentile

$86,236

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 26.5% of source-year revenue.

2022 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2022

Asset Growth

72nd percentile

14%

Faster asset growth than 72% of similar nonprofits.

2022 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

61st percentile

18%

Faster revenue growth than 61% of similar nonprofits.

2022 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets23rd percentile

Assets

Up

$516,879

Up $61,765 (+14%) from 2021

Net Assets

Up

$516,879

Up $79,194 (+18%) from 2021

Liabilities

Down

$0

Down $17,429 (-100%) from 2021

Revenue And Expenses
Liabilities / Revenue23rd percentileNet Margin86th percentile

Revenue

Up

$325,385

Up $50,036 (+18%) from 2021

Expenses

Up

$246,191

Up $5,487 (+2.3%) from 2021

Net Income

Up

$79,194

Up $44,549 (+129%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth72nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2020: $435,602Liabilities 2020: $32,562Net Assets 2020: $403,0402020Assets 2021: $455,114Liabilities 2021: $17,429Net Assets 2021: $437,6852021Assets 2022: $516,879Liabilities 2022: $0Net Assets 2022: $516,8792022Assets 2023: $495,868Liabilities 2023: $0Net Assets 2023: $495,8682023Assets 2024: $472,825Liabilities 2024: $2,707Net Assets 2024: $470,1182024

Highlighted filing

2022

Assets$516,879
Liabilities$0
Net Assets$516,879
Open 2022 Filing

Operations Trend

Revenue Growth61st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2020: $113,516Expenses 2020: $169,165Net Income 2020: -$55,6492020Revenue 2021: $275,349Expenses 2021: $240,704Net Income 2021: $34,6452021Revenue 2022: $325,385Expenses 2022: $246,191Net Income 2022: $79,1942022Revenue 2023: $361,273Expenses 2023: $393,748Net Income 2023: -$32,4752023Revenue 2024: $349,294Expenses 2024: $355,843Net Income 2024: -$6,5492024

Highlighted filing

2022

Revenue$325,385
Expenses$246,191
Net Income$79,194
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 31, 2023
Return Version
2022v5.0
Gross Receipts
$372,334
Mission and Program Overview

Mission

The mid-west fastener association's (mwfa) purpose is to serve and promote the fastener industry and the ever changing needs of its membership. Specifically, the mwfa is dedicated to representing all segments of the industry; manufacturers, distributors, importers and suppliers to the industry.

Trade service organization for fastener industry in the midwest area

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$437,685$516,879▲ $79,194
Investments in Publicly Traded Securities$378,606$397,867▲ $19,261
Cash and Non-Interest-Bearing Accounts$76,508$119,012▲ $42,504
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$455,114$516,879▲ $61,765
Liabilities
Other Liabilities$17,650$0▼ $17,650
Deferred Revenue$-221--
Total Liabilities$17,429$0▼ $17,429
Net Assets / Fund Balance
Total Net Assets Fund Balance$437,685$516,879▲ $79,194
Total Liabilities and Net Assets / Fund Balance$455,114$516,879▲ $61,765
Compensation and Service Providers
Top Officer Pay65th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Nancy RichExecutive DirectorPT$86,236$86,236

Board Members and Trustees

NameTitle
Jake DavisPresident
Jill LewisVice President
Bobby WegnerSecretary
Bob BaerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$300,434
Investment Income
$0
Other Revenue
$24,951
Change in Net Assets
$79,194
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$159,955
Salaries, Compensation, and Employee Benefits$86,236
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$79,980
All Other Expenses---$34,297
Other Expenses---$8,634
Other Employee Benefits---$6,120
Office Expenses---$3,113
Conferences and Meetings---$2,246
Fees for Services Accounting---$1,810
Payroll Taxes---$136
Total Functional Expenses$0$0$0$246,191
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$57,815
Fundraising Direct Expenses$46,949
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The organization does have members”

Form 990, Part VI, Section A, Line 7A

“The members do elect fellow members to represent them on the board”

Form 990, Part VI, Section A, Line 7B

“Changes to the bylaws require approval by two thirds of the members present at the meeting.”

Form 990, Part VI, Section B, Line 11B

“Form 990 is prepared by an outside cpa, reviewed by the executive director, then given to a board member for further review.”

Form 990, Part VI, Section B, Line 12C

“On an annual basis, conlict of interest policy statements are signed by officers and directors which are then periodically reviewed by the board.”

Form 990, Part VI, Section B, Line 15A

“The executive committee of the board of directors reviews comparability data in determining the executive directors annual salary.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Mid-west Fastener Association
EIN
36-3035148
Phone
8474388338
Address
PO BOX 5, LAKE ZURICH, IL 60047

Signing Officer

Name
Nancy Rich
Title
Executive Director
Phone
8474388338
Signed
2023-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nancy Rich
Formed
1946
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
Dennis Saviano CPA Pc
Address
787 INDUSTRIAL DRIVE, ELMHURST, IL 60126-1130
Preparer
Dennis Saviano
Phone
8478701040
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Insurance 7,850. Service charge 7,847. Education expense 6,931. Phone 3,105. Board expense 2,994. Membership expense 2,449. Internet/website 1,907. Donations 1,214.”

Raw XML Appendix321 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TRADE SERVICE ORGANIZATION FOR FASTENER INDUSTRY IN THE MIDWEST AREA
IRS990/AllOtherExpensesGrp/TotalAmt034297
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0EXECUTIVE DIRECTOR
IRS990/BooksInCareOfDetail/PhoneNum08474388338
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 5 LAKE ZURICH IL
IRS990/BooksInCareOfDetail/USAddress/CityNm0LAKE ZURICH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060047
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt076508
IRS990/CashNonInterestBearingGrp/EOYAmt0119012
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt079980
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/TotalAmt02246
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0159955
IRS990/CYOtherRevenueAmt024951
IRS990/CYProgramServiceRevenueAmt0300434
IRS990/CYRevenuesLessExpensesAmt079194
IRS990/CYSalariesCompEmpBnftPaidAmt086236
IRS990/CYTotalExpensesAmt0246191
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0325385
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0-221
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0CONFERENCES AND MEETINGS PROVIDE MEMBERS THE OPPORTUNITY TO DISCUSS INDUSTRY MATTERS AND TO PROMOTE PRODUCTS AND SERVICES OF THE FASTENER INDUSTRY
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt01810
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt330.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0JAKE DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm1BOB BAER
IRS990/Form990PartVIISectionAGrp/PersonNm2JILL LEWIS
IRS990/Form990PartVIISectionAGrp/PersonNm3NANCY RICH
IRS990/Form990PartVIISectionAGrp/PersonNm4BOBBY WEGNER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt386236
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01946
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingDirectExpensesAmt046949
IRS990/FundraisingGrossIncomeAmt057815
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0372334
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0378606
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0397867
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MID-WEST FASTENER ASSOCIATION'S (MWFA) PURPOSE IS TO SERVE AND PROMOTE THE FASTENER INDUSTRY AND THE EVER CHANGING NEEDS OF ITS MEMBERSHIP. SPECIFICALLY, THE MWFA IS DEDICATED TO REPRESENTING ALL SEGMENTS OF THE INDUSTRY; MANUFACTURERS, DISTRIBUTORS, IMPORTERS AND SUPPLIERS TO THE INDUSTRY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0437685
IRS990/NetAssetsOrFundBalancesEOYAmt0516879
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt010866
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt010866
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt03113
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06120
IRS990/OtherExpensesGrp/Desc0FASTENER SHOW EXPENSE
IRS990/OtherExpensesGrp/Desc1SCHOLARSHIPS EXPENSE
IRS990/OtherExpensesGrp/Desc2GENERAL MEETING/FASTENE
IRS990/OtherExpensesGrp/Desc3NEWSLETTER EXPENSE
IRS990/OtherExpensesGrp/TotalAmt050726
IRS990/OtherExpensesGrp/TotalAmt133520
IRS990/OtherExpensesGrp/TotalAmt225609
IRS990/OtherExpensesGrp/TotalAmt38634
IRS990/OtherLiabilitiesGrp/BOYAmt017650
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0541800
IRS990/OtherRevenueMiscGrp/Desc0ADVERTISING
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt014085
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt014085
IRS990/OtherRevenueTotalAmt014085
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0136
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0NANCY RICH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611430
IRS990/ProgramServiceRevenueGrp/BusinessCd1611430
IRS990/ProgramServiceRevenueGrp/BusinessCd2611430
IRS990/ProgramServiceRevenueGrp/BusinessCd3611430
IRS990/ProgramServiceRevenueGrp/BusinessCd4611430
IRS990/ProgramServiceRevenueGrp/Desc0FASTENER SHOW
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc2MEMBERSHIP MEETINGS
IRS990/ProgramServiceRevenueGrp/Desc3SCHOLARSHIP INCOME
IRS990/ProgramServiceRevenueGrp/Desc4ACCRUAL TO CASH ADJUST
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0119021
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt172731
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt250619
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt333225
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt424838
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0119021
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt172731
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt250619
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt333225
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt424838
IRS990/ProgSrvcAccomActy2Grp/Desc0SEMINARS AND EDUCATION COURSES PROVIDE KNOWLEDGE AND SKILLS OF THE FASTENER INDUSTRY TO MEMBERS AND EDUCATE THOSE ATTENDING THE COURSES CONCERNING NEW PRODUCTS AND SERVICES RELATED TO THE ASSOCIATIONS EXEMPT ACTIVITIES.
IRS990/ProgSrvcAccomActy3Grp/Desc0TRADE SHOWS ALLOW MEMBERS TO PROMOTE THE PRODUCTS THEY SELL.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0151225
IRS990/PYOtherRevenueAmt033596
IRS990/PYProgramServiceRevenueAmt0241753
IRS990/PYRevenuesLessExpensesAmt034645
IRS990/PYSalariesCompEmpBnftPaidAmt089479
IRS990/PYTotalExpensesAmt0240704
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0275349
IRS990/ReconcilationRevenueExpnssAmt079194
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0437685
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0516879
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES HAVE MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS DO ELECT FELLOW MEMBERS TO REPRESENT THEM ON THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CHANGES TO THE BYLAWS REQUIRE APPROVAL BY TWO THIRDS OF THE MEMBERS PRESENT AT THE MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS PREPARED BY AN OUTSIDE CPA, REVIEWED BY THE EXECUTIVE DIRECTOR, THEN GIVEN TO A BOARD MEMBER FOR FURTHER REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ON AN ANNUAL BASIS, CONLICT OF INTEREST POLICY STATEMENTS ARE SIGNED BY OFFICERS AND DIRECTORS WHICH ARE THEN PERIODICALLY REVIEWED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS COMPARABILITY DATA IN DETERMINING THE EXECUTIVE DIRECTORS ANNUAL SALARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7INSURANCE 7,850. SERVICE CHARGE 7,847. EDUCATION EXPENSE 6,931. PHONE 3,105. BOARD EXPENSE 2,994. MEMBERSHIP EXPENSE 2,449. INTERNET/WEBSITE 1,907. DONATIONS 1,214.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0455114
IRS990/TotalAssetsEOYAmt0516879
IRS990/TotalAssetsGrp/BOYAmt0455114
IRS990/TotalAssetsGrp/EOYAmt0516879
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0246191
IRS990/TotalGrossUBIAmt014085
IRS990/TotalLiabilitiesBOYAmt017429
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt017429
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0437685
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0516879
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0300434
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt010866
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0300434
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0325385
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt014085
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0455114
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0516879
IRS990/TotReportableCompRltdOrgAmt086236
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 5
IRS990/USAddress/CityNm0LAKE ZURICH
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060047
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.MWFA.NET
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0NANCY RICH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08474388338
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MID-WEST FASTENER ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0MID-
ReturnHeader/Filer/EIN0363035148
ReturnHeader/Filer/PhoneNum08474388338
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 5
ReturnHeader/Filer/USAddress/CityNm0LAKE ZURICH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060047
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0363770541
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DENNIS SAVIANO CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0787 INDUSTRIAL DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ELMHURST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0601261130
ReturnHeader/PreparerPersonGrp/PhoneNum08478701040
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DENNIS SAVIANO
ReturnHeader/ReturnTs02023-10-31T11:21:39-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0NANCY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RICH
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$516,879
Liabilities
$0
Net assets
$516,879
Revenue
$325,385
Expenses
$246,191
Net income
$79,194
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.73$0.03$4.70$3.49$3.56$0.07
2023Detailed filing. Detailed filing data is available for this year.$4.96$0.00$4.96$3.61$3.94$0.32
2022Detailed filing. Detailed filing data is available for this year.$5.17$0.00$5.17$3.25$2.46$0.79
2021Detailed filing. Detailed filing data is available for this year.$4.55$0.17$4.38$2.75$2.41$0.35
2020Detailed filing. Detailed filing data is available for this year.$4.36$0.33$4.03$1.14$1.69$0.56