Iowa Cpcu Society Chapter
- Assets
- $86.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Des Moines, IA
- Founding
- 04/1953
- Data as of
- 12/2021
- EIN
- 42-6076439
Organization Overview
Iowa Cpcu Society Chapter is located in West Des Moines, IA. The organization was established in 1953. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iowa Cpcu Society Chapter 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, Iowa Cpcu Society Chapter generated $33.9k 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 (3.8%) each year. All expenses for the organization totaled $23.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.1%) 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
2021
Describe the Organization's Program Activity:
Part 3
CONTINUING EDUCATION THROUGH SEMINARS AND MONTHLY MEETINGS RELATING TO THE INSURANCE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barnes Kelley Director | 1 | $0 | |
Chris Murphy Director | 1 | $0 | |
Neil Wysocki Director | 1 | $0 | |
Megan Carpenter Director | 1 | $0 | |
Brad Soma President | 1 | $0 | |
Mary Calmer Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,893 |
| Membership dues | $29,665 |
| Investment income | $187 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$837 |
| Other Revenue | $0 |
| Total Revenue | $33,908 |
| 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 | $700 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,599 |
| Total expenses | $23,549 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $86,431 |
| Other assets | $0 |
| Total assets | $86,431 |
| Total liabilities | $0 |
| Net assets or fund balances | $86,431 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Harbor Group Insurance Trust Sioux Center, IA | $1,977,481 | $10,385,047 |
Marcus Corporation Employee Benefits Trust Milwaukee, WI | $0 | $8,029,877 |
Wisconsin Bankers Association Insurance Trust Fund Sun Prairie, WI | $545,730 | $8,671,517 |
Ag Processing Inc Welfare Benefits Funds Omaha, NE | $532,385 | $8,388,903 |
Regency Managed Properties Benefit Trust Sioux Falls, SD | $41,424 | $8,200,839 |
Ccs Employee Benfits Group Inc Evanston, IL | $1,435,594 | $7,548,619 |
Rubicon Insurance Company Evanston, IL | $37,465,176 | $3,987,291 |
Burke Group Welfare Plan Trust Rosemont, IL | $1,472,219 | $7,136,171 |
Mada Insurance Inc St Paul, MN | $605,621 | $6,610,521 |
Mcii Benefit Plans Trust Des Plaines, IL | $0 | $6,361,748 |
Sheet Metal Local 219 Benefit Fund Rockford, IL | $9,732,113 | $6,977,671 |
University Of Missouri Medical Professional Liability Tr Chicago, IL | $81,642,227 | $10,856,486 |