Great Lakes Credit And Collection Inc is located in Eagan, MN. Great Lakes Credit And Collection Inc 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, Great Lakes Credit And Collection Inc generated $197.9k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $214.4k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PRESCRIBE ETHICS AND ENFORCE PROPER CONDUCT AS DEFINED BY THE ACA INTERNATIONAL (ACA) CODE OF CONDUCT AMONG ITS MEMBER; PROMOTE THE ADPOTION OF LEGISLATION FAVORABLE TO THE RIGHTS OF COLLECTORS AND CREDIT GRANTORS; AND GATHER AND DISSEMINATE MATERIAL RELATIVE TO THE COLLECTION PROFESSION WHICH MAY BE VALUABLE TO MEMBERS OF THE ASSOCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GREAT LAKES CREDIT AND COLLECTION ASSOCIATION PROVIDED EDUCATION TO THE INDUSTRY DURING THE YEAR.
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ryan Matrisch President | OfficerTrustee | 5 | $0 |
John Ryan Past Preside | OfficerTrustee | 2 | $0 |
Jamie Barthel Secretary/tr | Trustee | 2 | $0 |
Nate Kalnins Director | Trustee | 1 | $0 |
Chris Becker Director | Trustee | 1 | $0 |
Edwin Herbert III Director | Trustee | 1 | $0 |
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 | $19,480 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $19,480 |
Total Program Service Revenue | $178,466 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
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 | $197,946 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $43,896 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $825 |
Fees for services: Lobbying | $105,000 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $15,170 |
Advertising and promotion | $0 |
Office expenses | $162 |
Information technology | $901 |
Royalties | $0 |
Occupancy | $0 |
Travel | $5,100 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $42,365 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $973 |
All other expenses | $0 |
Total functional expenses | $214,392 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $338,762 |
Savings and temporary cash investments | $68,052 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $406,814 |
Accounts payable and accrued expenses | $58 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $58 |
Net assets without donor restrictions | $406,756 |
Net assets with donor restrictions | $0 |
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 | $406,814 |
Organization Name | Assets | Revenue |
---|---|---|
Divine Savior Healthcare Inc Portage, WI | $146,404,206 | $99,548,163 |
Jackson Park Hospital Foundation Chicago, IL | $132,629,667 | $107,987,360 |
Avera St Marys Pierre, SD | $117,040,382 | $106,933,224 |
St Margarets Health Spring Valley Spring Valley, IL | $107,727,640 | $91,881,221 |
Providence Health Alliance Inc St Louis, MO | $27,745,143 | $62,779,739 |
Alexian Brothers Ambulatory Group St Louis, MO | $321,335,814 | $68,677,417 |
Samaritas Detroit, MI | $92,322,257 | $101,009,415 |
Columbia College Columbia, MO | $267,475,036 | $84,570,180 |
Benefis Health System Inc Great Falls, MT | $1,511,234,520 | $121,846,801 |
University Of Dubuque Dubuque, IA | $403,203,443 | $110,402,473 |
Concordia University Chicago River Forest, IL | $86,542,696 | $102,736,797 |
Sauk Prairie Healthcare Inc Prairie Du Sac, WI | $167,630,839 | $104,363,502 |