Midwest Economics Association
- Assets
- $112.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grinnell, IA
- Founding
- 12/1964
- Data as of
- 06/2023
- EIN
- 35-6061138
Organization Overview
Midwest Economics Association is located in Grinnell, IA. The organization was established in 1964. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, 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. Midwest Economics Association 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 06/2023, Midwest Economics Association generated $91.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $88.3k during the year ending 06/2023. While expenses have increased by 6.9% per year over the past 4 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
3-DAY ANNUAL MEETING WITH OVER 500 ATTENDEES. OVER 400 ACADEMIC PRESENTATIONS.
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Board, Officers & Key Employees
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $79,585 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $91,085 |
| 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 | $43,647 |
| Occupancy, rent, utilities, and maintenance | $585 |
| Printing, publications, postage, and shipping | $1,204 |
| Other expenses | $42,848 |
| Total expenses | $88,284 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $112,809 |
| Other assets | $0 |
| Total assets | $112,809 |
| Total liabilities | $0 |
| Net assets or fund balances | $112,809 |