Minnesota Chapter Risk And Ins Mgmt Society Norwest Corp
- Assets
- $143.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- St Paul, MN
- Founding
- 03/1980
- Data as of
- 05/2022
- EIN
- 23-7200170
Organization Overview
Minnesota Chapter Risk And Ins Mgmt Society Norwest Corp is located in St Paul, MN. The organization was established in 1980. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, 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. Minnesota Chapter Risk And Ins Mgmt Society Norwest Corp 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 05/2022, Minnesota Chapter Risk And Ins Mgmt Society Norwest Corp generated $178.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $129.9k during the year ending 05/2022. While expenses have increased by 6.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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 |
|---|---|---|---|
Mark Ropel Vice Preside | 3 | $0 | |
Melissa Cudzilo President | 6 | $0 | |
Brad Koland Director | 2 | $0 | |
Nick Luebesmier Director | 2 | $0 | |
Lisa Krebs Secretary | 3 | $0 | |
Adam Nedry Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $167,989 |
| Membership dues | $10,650 |
| Investment income | $15 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $178,654 |
| 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 | $68,202 |
| Occupancy, rent, utilities, and maintenance | $11,895 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $49,841 |
| Total expenses | $129,938 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $143,649 |
| Other assets | $0 |
| Total assets | $143,649 |
| Total liabilities | $0 |
| Net assets or fund balances | $143,649 |
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