National Introducing Brokers Association is located in Chicago, IL. The organization was established in 1992. According to its NTEE Classification (N03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Introducing Brokers 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 12/2021, National Introducing Brokers Association generated $30.1k 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 (11.2%) each year. All expenses for the organization totaled $30.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Melinda Schramm Chairman | 20 | $24,000 | |
Mike Burke President | 7 | $0 | |
Ryan Griffeth Secretary | 7 | $0 | |
Mike Coglianese Treasurer | 2 | $0 | |
Shane Stiles Director | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $24,096 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $6,000 |
Total Revenue | $30,096 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $24,000 |
Professional fees and other payments to independent contractors | $1,484 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $4,882 |
Total expenses | $30,366 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $47,491 |
Other assets | $0 |
Total assets | $47,491 |
Total liabilities | $0 |
Net assets or fund balances | $47,491 |
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