National Association Of Fraternal Insurance Counselors Foundation
- Assets
- $193.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waterloo, WI
- Founding
- 05/2012
- Data as of
- 12/2019
- EIN
- 45-4747192
Organization Overview
National Association Of Fraternal Insurance Counselors Foundation is located in Waterloo, WI. The organization was established in 2012. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Association Of Fraternal Insurance Counselors Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2019, National Association Of Fraternal Insurance Counselors Foundation generated $29.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (14.3%) each year. All expenses for the organization totaled $32.2k during the year ending 12/2019. 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
2019
Describe the Organization's Program Activity:
Part 3
PROMOTION, EDUCATION AND DONATION TO OTHER CHARITABLE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Gall Director | 1 | $0 | |
Paul Hill President | 1 | $0 | |
He Durbin Vice Preside | 1 | $0 | |
Hugh Weltz Director | 1 | $0 | |
Greg Mallett Treasurer | 1 | $0 | |
Steward Lyman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,280 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $117 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $29,397 |
| 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 | $3,680 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4 |
| Other expenses | $1,340 |
| Total expenses | $32,226 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $184,124 |
| Other assets | $0 |
| Total assets | $193,224 |
| Total liabilities | $6,446 |
| Net assets or fund balances | $186,778 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Woodbourne Charitable Trust Plymouth, MN | $1,142,964 | $10,020,932 |
Audrey E & Donald L Hutt Tr 283 Chicago, IL | $19,533,735 | $12,080,033 |
James M Stanton Foundation Bloomington, MN | $29,105,685 | $38,323,984 |
Stanley Frankel And Judith Frankel Support Foundation Bloomfield Hills, MI | $0 | $41,274 |
Lawyers Trust Fund Of Illinois Chicago, IL | $23,693,587 | $13,676,265 |
Cokato Charitable Trust Cokato, MN | $9,103,416 | $8,785,306 |
Ferris Foundation Big Rapids, MI | $118,188,680 | $12,993,679 |
William H Miner Foundation Chicago, IL | $135,785,081 | $12,025,973 |
Frederick Henry Prince Testamentary Trust Chicago, IL | $125,717,434 | $17,884,796 |
Gordon Christian Trust Grand Rapids, MI | $67,207,482 | $18,378,082 |
Bluhm Family Charitable Foundation Chicago, IL | $0 | $104,878 |
Willard J And Alice C Corbett Char Tr Chicago, IL | $0 | $307,254 |