Mgi North America Ltd
- Assets
- $44.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cold Spring, NY
- Founding
- 11/1996
- Data as of
- 12/2021
- EIN
- 36-4005381
Organization Overview
Mgi North America Ltd is located in Cold Spring, NY. The organization was established in 1996. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, 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. Mgi North America Ltd 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, Mgi North America Ltd generated $167.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $148.6k during the year ending 12/2021. While expenses have increased by 6.2% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
DEVELOPMENT OF ASSOCIATION PROGRAMS INCLUDING CONFERENCES, WEBINARS, NEWSLETTERS AND EDUCATIONAL ACTIVITIES.
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Board, Officers & Key Employees
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $150,677 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $16,774 |
| Total Revenue | $167,451 |
| 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 | $120,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,568 |
| Total expenses | $148,568 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,742 |
| Other assets | $0 |
| Total assets | $44,742 |
| Total liabilities | $0 |
| Net assets or fund balances | $44,742 |
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