National Association Of Insurance And Financial Advisors-Mn Inc
- Assets
- $106.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mahtomedi, MN
- Founding
- 05/1973
- Data as of
- 12/2023
- EIN
- 41-0775829
Organization Overview
National Association Of Insurance And Financial Advisors-Mn Inc is located in Mahtomedi, MN. The organization was established in 1973. According to its NTEE Classification (J01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Employment and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. National Association Of Insurance And Financial Advisors-Mn 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 12/2023, National Association Of Insurance And Financial Advisors-Mn Inc generated $119.6k 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 (14.6%) each year. All expenses for the organization totaled $112.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (16.4%) per year over the past 7 years. 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
2023
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL PROGRAMS FOR MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Fleming President | 2 | $0 | |
Joshua Haberman Past President | 2 | $0 | |
Kim Garbers Treasurer-Secretary | 2 | $0 | |
Drew Dewitte Chair Program | 1 | $0 | |
Corey Anderson Chair Advocacy | 1 | $0 | |
Terry Anderson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,122 |
| Total Program Service Revenue | $6,130 |
| Membership dues | $109,963 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $349 |
| Total Revenue | $119,564 |
| 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 | $81,107 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,812 |
| Total expenses | $112,919 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $89,760 |
| Other assets | $0 |
| Total assets | $106,592 |
| Total liabilities | $22,838 |
| Net assets or fund balances | $83,754 |