Upper Midwest Security Alliance is located in Roseville, MN. The organization was established in 2009. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Upper Midwest Security Alliance 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 08/2021, Upper Midwest Security Alliance generated $270.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (18.2%) each year. All expenses for the organization totaled $321.7k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (12.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE UPPER MIDWEST SECURITY ALLIANCE SEEKS TO ENHANCE THE KNOWLEDGE, SKILLS AND PROFESSIONAL NETWORK OF THE SECURITY COMMUNITY IN THE UPPER MIDWEST UNITED STATES BY OFFERING HIGH QUALITY, ACCESSIBLE, EDUCATIONAL EVENTS, LED THROUGH THE SECURE360 CONFERENCE AND RELATED EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UMSA WILL COLLABORATE WITH PROFESSIONAL ASSOCIATIONS, EDUCATORS, AND INDUSTRY-LEADING COMPANIES TO PROVIDE PROFESSIONAL DEVELOPMENT OPPORTUNITIES THAT CONTRIBUTE TO A STRONGER SECURITY FOUNDATION FOR ORGANIZATIONS AND INFRASTRUCTURE IN THE UPPER MIDWEST UNITED STATES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ryan Sather President | OfficerTrustee | 2 | $0 |
Ken Shaurette Vice President | OfficerTrustee | 2 | $0 |
David Knight Treasurer | OfficerTrustee | 2 | $0 |
Drew Bethel Secretary | OfficerTrustee | 2 | $0 |
Valarie Mooney S360 Twin Cities Chair | Trustee | 4 | $0 |
Michael Johnson Student360 Chair | Trustee | 4 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Gts Educational Events Marketing, Tradeshow And Registration Su | 8/30/20 | $112,271 |
Bryghtpath Llc Managing Director Fees | 8/30/20 | $102,576 |
Gts Educational Events Marketing, Tradeshow And Registration Su | 8/30/20 | $112,271 |
Bryghtpath Llc Managing Director Fees | 8/30/20 | $102,576 |
Gts Educational Events Marketing, Tradeshow And Registration Su | 8/30/20 | $112,271 |
Bryghtpath Llc Managing Director Fees | 8/30/20 | $102,576 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $106,250 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $106,250 |
Total Program Service Revenue | $164,037 |
Investment income | $21 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $270,308 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $245 |
Fees for services: Accounting | $16,713 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $9,341 |
Office expenses | $5,878 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $265,609 |
Interest | $31 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $3,848 |
All other expenses | $20,000 |
Total functional expenses | $321,665 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $10,743 |
Savings and temporary cash investments | $56,073 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $3,850 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $29,329 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $99,995 |
Accounts payable and accrued expenses | $615 |
Grants payable | $0 |
Deferred revenue | $7,450 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $8,065 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $20,000 |
Retained earnings, endowment, accumulated income, or other funds | $71,930 |
Total liabilities and net assets/fund balances | $99,995 |
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