Minnesota Wholesale Marketers Association Inc
- Assets
- $21.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Prior Lake, MN
- Founding
- 04/1944
- Data as of
- 12/2022
- EIN
- 41-0416788
Organization Overview
Minnesota Wholesale Marketers Association Inc is located in Prior Lake, MN. The organization was established in 1944. According to its NTEE Classification (G45) the organization is classified as: Lung Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Wholesale Marketers Association 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 12/2022, Minnesota Wholesale Marketers Association Inc generated $73.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $70.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.9%) 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 |
|---|---|---|---|
David How Vice-President | 1 | $0 | |
Michael Smith President | 1 | $0 | |
Ross Amundson Treasurer | 1 | $0 | |
Brian Eidsvold Director | 1 | $0 | |
Robert Coughlin Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $402 |
| Total Program Service Revenue | $0 |
| Membership dues | $59,250 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,873 |
| Other Revenue | $0 |
| Total Revenue | $73,530 |
| 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 | $69,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,017 |
| Other expenses | $0 |
| Total expenses | $70,017 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,971 |
| Other assets | $0 |
| Total assets | $20,971 |
| Total liabilities | $0 |
| Net assets or fund balances | $20,971 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tobacco Free North Dakota Bismarck, ND | $107,697 | $276,835 |
Wisconsin Association Of Tobacco & Candy Distributors Incorporated Madison, WI | $139,063 | $213,386 |
Minnesota Wholesale Marketers Association Inc Prior Lake, MN | $20,971 | $0 |
Bakery Confectionery Tobacco Keokuk, IA | $120,807 | $0 |
International Society For Respiratory Protection Saint Paul, MN | $233,299 | $27,596 |
Wisconsin Society For Respiratory Care Milwaukee, WI | $158,969 | $0 |