Wisconsin State Association Of Life Underwriters
- Assets
- $38.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cedar Falls, IA
- Founding
- 08/1973
- Data as of
- 12/2021
- EIN
- 39-0967153
Organization Overview
Wisconsin State Association Of Life Underwriters is located in Cedar Falls, IA. The organization was established in 1973. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. Wisconsin State Association Of Life Underwriters 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, Wisconsin State Association Of Life Underwriters generated $97.8k 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 (8.5%) each year. All expenses for the organization totaled $78.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brendon M Derouin Treasurer | 2 | $0 | |
Chris Henderson Vice President | 1 | $0 | |
Brian Witz President Elect | 2 | $0 | |
Patrick Mogin Membership | 1 | $0 | |
Daniel Ward President | 2 | $0 | |
Mark Miller Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,628 |
| Total Program Service Revenue | $3,822 |
| Membership dues | $89,422 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $914 |
| Total Revenue | $97,786 |
| 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 | $73,150 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $30 |
| Other expenses | $5,501 |
| Total expenses | $78,681 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,920 |
| Other assets | $0 |
| Total assets | $38,826 |
| Total liabilities | $36,095 |
| Net assets or fund balances | $2,731 |
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