American Fraternal Alliance
- Assets
- $3.3m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 4
- Location
- Indianapolis, IN
- Founding
- 06/1944
- Data as of
- 12/2023
- EIN
- 36-1522820
Organization Overview
American Fraternal Alliance is located in Indianapolis, IN. The organization was established in 1944. 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. As of 12/2023, American Fraternal Alliance employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Fraternal 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 12/2023, American Fraternal Alliance generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 7 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE AMERICAN FRATERNAL ALLIANCE STRENGTHENS AND SUPPORTS ITS MEMBERS AND THE FRATERNAL BENEFIT SECTOR OF THE FINANCIAL SERVICES INDUSTRY BY ITS LEADERSHIP IN ADVOCACY, POLICY, INFORMATION, EDUCATION AND MEMBER SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVOCATED ON BEHALF OF FRATERNAL INTERESTS ON KEY LEGISLATIVE AND REGULATORY INITIATIVES. CONTINUED TO ADVOCATE FOR CONGRESSIONAL RESOLUTIONS THAT ACKNOWLEDGE THE IMPACT OF FRATERNALS NATIONWIDE AND SUCCESSFULLY RECRUITED CO-SPONSORS IN THE HOUSE AND SENATE. ADVOCATED FOR LEGISLATION IN MICHIGAN AND SUCCESSFULLY REPRESENTED FRATERNALS AT THE STATE LEVEL ON LEGISLATIVE ISSUES.
THE ALLIANCE CONDUCTED ITS SPRING SYMPOSIUM, EXECUTIVE SUMMIT, THREE LUNCH AND LEARN ROUNDTABLES, FRATERNAL CAREER DEVELOPMENT PROGRAM AND A NUMBER OF WEBINARS THROUGHOUT THE YEAR. THESE EDUCATIONAL OPPORTUNITIES WERE DESIGNED FOR ALL LEVELS OF FRATERNAL STAFF AND LEADERSHIP. ATTENDEE FEEDBACK WAS POSITIVE.
THE ALLIANCE CONTINUED ITS FOCUS ON COLLABORATION AND ITS PARTNERSHIP WITH OTHER TRADE ASSOCIATIONS TO BRING AFFORDABLE CONTENT AND EDUCATION TO ITS MEMBERS THROUGHOUT THE YEAR BOTH THROUGH IN PERSON EVENTS AND VIRTUAL OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allison Koppel CEO | Officer | 37.5 | $255,367 |
Gregory Temple Director | Trustee | 1 | $0 |
Rene Zanin Director | Trustee | 1 | $0 |
Theresa Kluchinski Director | Trustee | 1 | $0 |
John Sharp Director | Trustee | 1 | $0 |
Mike Ahles Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Namic Service Corporation Management | 12/30/23 | $333,120 |
Capitol Counsel Llc Lobbying Suprt | 12/30/23 | $180,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| 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 | $0 |
| Total Program Service Revenue | $1,741,182 |
| Investment income | $77,409 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $75,000 |
| 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 | $1,893,591 |
| 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. | $255,367 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $307,513 |
| Pension plan accruals and contributions | $19,136 |
| Other employee benefits | $51,603 |
| Payroll taxes | $38,920 |
| Fees for services: Management | $288,335 |
| Fees for services: Legal | $22,410 |
| Fees for services: Accounting | $17,750 |
| Fees for services: Lobbying | $211,330 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,225 |
| Fees for services: Other | $18,887 |
| Advertising and promotion | $24,384 |
| Office expenses | $8,345 |
| Information technology | $71,104 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $50,939 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $131,257 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,425 |
| Insurance | $7,904 |
| All other expenses | $0 |
| Total functional expenses | $1,610,685 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,977 |
| Savings and temporary cash investments | $1,292,195 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $23,213 |
| 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 | $20,862 |
| Net Land, buildings, and equipment | $3,477 |
| Investments—publicly traded securities | $1,949,532 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,348,256 |
| Accounts payable and accrued expenses | $60,704 |
| Grants payable | $0 |
| Deferred revenue | $121,470 |
| 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 | $182,174 |
| Net assets without donor restrictions | $1,216,550 |
| Net assets with donor restrictions | $1,949,532 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,348,256 |