Minnesota Securities Dealers Association Inc Msda
- Assets
- $335.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 10/1991
- Data as of
- 11/2022
- EIN
- 41-1489645
Organization Overview
Minnesota Securities Dealers Association Inc Msda is located in Minneapolis, MN. The organization was established in 1991. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Minnesota Securities Dealers Association Inc Msda 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 11/2022, Minnesota Securities Dealers Association Inc Msda generated $170.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $133.2k during the year ending 11/2022. As we would expect to see with falling revenues, expenses have declined by (6.5%) 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
2022
Describe the Organization's Program Activity:
Part 3
FORM 990-EZ, PART III PRIMARY EXEMPT PURPOSE REGISTRATION, SPONSORSHIPS AND ADVEERTISING FEEES FOR CONFERENCES THAT ARE DESIGNED TO BRING MEMBERS OF LOCAL BROKERAGE HOUSES IN CONTACT WITH EACH OTHER AND WITH MEMBERS OF BROKERAGE OUTSIDE OF THE MINNSOTA GEOGRAPHIC AREA.
FORM 990-EZ, PART III PRIMARY EXEMPT PURPOSE REGISTRATION, SPONSORSHIPS AND ADVEERTISING FEEES FOR CONFERENCES THAT ARE DESIGNED TO BRING MEMBERS OF LOCAL BROKERAGE HOUSES IN CONTACT WITH EACH OTHER AND WITH MEMBERS OF BROKERAGE OUTSIDE OF THE MINNSOTA GEOGRAPHIC AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Sandefur President | 0 | $0 | |
Jacob Anderson Vice Preside | 0 | $0 | |
Jeff Nordstrom Secretary | 0 | $0 | |
Chris Jandro Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $153,350 |
| Membership dues | $17,000 |
| Investment income | $425 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $170,775 |
| 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 | $35,225 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $97,998 |
| Total expenses | $133,223 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $330,328 |
| Other assets | $0 |
| Total assets | $335,678 |
| Total liabilities | $0 |
| Net assets or fund balances | $335,678 |
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