Iiba Minneapolis-St Paul Chapter
- Assets
- $147.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Paul, MN
- Founding
- 01/2010
- Data as of
- 01/2024
- EIN
- 20-4136287
Organization Overview
Iiba Minneapolis-St Paul Chapter is located in Saint Paul, MN. The organization was established in 2010. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iiba Minneapolis-St Paul Chapter is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 01/2024, Iiba Minneapolis-St Paul Chapter generated $54.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (24.6%) each year. All expenses for the organization totaled $50.4k during the year ending 01/2024. As we would expect to see with falling revenues, expenses have declined by (25.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Perzel President | 5 | $0 | |
Terry Barresh Vice President Technology | 5 | $0 | |
Victoria Drake Treasurer | 5 | $0 | |
Kristin Henkenius Vice President Communications | 5 | $0 | |
Kristin Henkenius Vice President Membership | 5 | $0 | |
Judy Juhl Vice President Events | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $48,036 |
| Membership dues | $6,130 |
| Investment income | $124 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $54,290 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,537 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $309 |
| Other expenses | $47,571 |
| Total expenses | $50,417 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $147,708 |
| Other assets | $0 |
| Total assets | $147,708 |
| Total liabilities | $0 |
| Net assets or fund balances | $147,708 |