American Institute Of Professional Association Group Insurance Admini is located in Minneapolis, MN. The organization was established in 1982. According to its NTEE Classification (Y03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Institute Of Professional Association Group Insurance Admini 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 12/2021, American Institute Of Professional Association Group Insurance Admini generated $114.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $109.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
SUPPORT ADMINISTRATORS IN THE GROUP HEALTH INSURANCE INDUSTRY BY PROVIDING INFORMATION THROUGH CONFERENCE & NEWSLETTER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Guy Strunk Past President | 0 | $0 | |
Jeff Smith President | 0 | $0 | |
Charlotte Gardner President - Elect | 0 | $0 | |
Sean Cappelmann Director | 0 | $0 | |
Doug Kreitzberg Secretary/treasurer | 0 | $0 | |
Joseph Sturla Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $43,693 |
Total Program Service Revenue | $12,750 |
Membership dues | $50,710 |
Investment income | $1,955 |
Gain or Loss | $5,084 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $114,192 |
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 | $45,914 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $2,246 |
Other expenses | $61,640 |
Total expenses | $109,800 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $28,873 |
Other assets | $0 |
Total assets | $136,076 |
Total liabilities | $26,125 |
Net assets or fund balances | $109,951 |
Organization Name | Assets | Revenue |
---|---|---|
Minnesota Insurance Guaranty Association Edina, MN | $187,413,257 | $18,086,231 |
Minnesota Workers Compensation Insurers Association Inc Minneapolis, MN | $5,175,183 | $7,886,561 |
Professional Liability Underwriting Society Minneapolis, MN | $7,512,109 | $4,853,702 |
Independent Insurance Agents Of South Dakota Ft Pierre, SD | $988,411 | $686,215 |
Brookings Convention & Visitors Bureau Brookings, SD | $571,661 | $471,143 |
Soy Aquaculture Alliance Inc Ankeny, IA | $540,903 | $433,856 |
Mutual Insurance Association Of Iowa Janesville, IA | $697,921 | $349,100 |
North Dakota Association Of Independent Insurance Agents Fargo, ND | $205,143 | $193,504 |
National Association Of Insurance And Financial Advisors-Ohio Cedar Falls, IA | $137,390 | $0 |
American Institute Of Professional Association Group Insurance Admini Minneapolis, MN | $136,076 | $0 |
Iowa School Counselor Association West Des Moines, IA | $167,802 | $0 |
Heart Of Iowa Regional Board Of Realtors Ames, IA | $105,184 | $0 |