Underwriting Executive Council
- Assets
- $55.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, WI
- Founding
- 11/1985
- Data as of
- 12/2022
- EIN
- 42-1255899
Organization Overview
Underwriting Executive Council is located in Madison, WI. The organization was established in 1985. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, 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. Underwriting Executive Council 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, Underwriting Executive Council generated $55.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $77.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.0%) per year over the past 4 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
NORMALLY WE OFFER 2 MEMBER MEETINGS PER YEAR BUT DUE TO COVID NO MEETINGS WERE HELD LAST YEAR. TYPICALLY WE HAVE 100 TO 150 PEOPLE PRESENT PER MEETING TO EDUCATE AND TRAIN INSURANCE COMPANY MEMBERS ON ISSUES FACING OUR INDUSTRY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Amend Secretary Treasurer | 2 | $0 | |
Dave Mckinney Past President | 1 | $0 | |
John Buchenauer President | 2 | $0 | |
Scott Figgins Vice President | 1 | $0 | |
Melissa Hilvers Board Member | 1 | $0 | |
Michael Bauer Program Manager | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $55,395 |
| Membership dues | $0 |
| Investment income | $83 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $55,478 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $69,353 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $6,141 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,017 |
| Total expenses | $77,511 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,504 |
| Other assets | $0 |
| Total assets | $55,504 |
| Total liabilities | $0 |
| Net assets or fund balances | $55,504 |