National Association Of Insurance & Financial Advisors-North Dakota
- Assets
- $282.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cedar Falls, IA
- Founding
- 06/1977
- Data as of
- 12/2021
- EIN
- 45-0339465
Organization Overview
National Association Of Insurance & Financial Advisors-North Dakota is located in Cedar Falls, IA. The organization was established in 1977. 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. National Association Of Insurance & Financial Advisors-North Dakota 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, National Association Of Insurance & Financial Advisors-North Dakota generated $71.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $65.5k during the year ending 12/2021. While expenses have increased by 0.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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 |
|---|---|---|---|
Lyle Kraft President | 2 | $0 | |
Hank Prien President Elect | 2 | $0 | |
Paul Siebert Sec/treasurer | 2 | $0 | |
Steve Walker Past President | 2 | $0 | |
Dan Peterson Natl Committee | 2 | $0 | |
Jessica Westgard Larson Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,215 |
| Total Program Service Revenue | $18,120 |
| Membership dues | $42,789 |
| Investment income | $7,960 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$586 |
| Other Revenue | $342 |
| Total Revenue | $71,840 |
| 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 | $36,275 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $694 |
| Other expenses | $28,536 |
| Total expenses | $65,505 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $275,372 |
| Other assets | $0 |
| Total assets | $282,118 |
| Total liabilities | $45,027 |
| Net assets or fund balances | $237,091 |
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 |