North Dakota Association Of Independent Insurance Agents
- Assets
- $154.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Fargo, ND
- Founding
- 02/1943
- Data as of
- 12/2022
- EIN
- 45-6013408
Organization Overview
North Dakota Association Of Independent Insurance Agents is located in Fargo, ND. The organization was established in 1943. According to its NTEE Classification (Y03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2022, North Dakota Association Of Independent Insurance Agents employed 2 individuals. This organization is the central organization for a national or regional group of organizations. North Dakota Association Of Independent Insurance Agents 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, North Dakota Association Of Independent Insurance Agents generated $145.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $190.5k during the year ending 12/2022. While expenses have increased by 8.2% per year over the past 6 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE BIG I" PROVIDES RESOURCES, ADVOCACY, AND SUPPORT TO HELP MEMBERS BUILD AND GROW THEIR BUSINESS. MEMBER AGENCIES HAVE ACCESS TO EXCLUSIVE PRODUCTS, SERVICES AND EDUCATION CREATED FOR INDEPENDENT AGENTS, BY INDEPENDENT AGENTS AND OUR PARTNERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Kleven Executive Di | 0 | $0 | |
Lacy Schatz Chairwoman | 0 | $0 | |
Josh Brown Vice Preside | 0 | $0 | |
Justin Thomas Board Member | 0 | $0 | |
Zach Mccoy Board Member | 0 | $0 | |
Paige Shockman Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $81,804 |
| Investment income | $2,041 |
| Gain or Loss | -$725 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $62,667 |
| Total Revenue | $145,787 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $97,065 |
| Professional fees and other payments to independent contractors | $698 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,554 |
| Other expenses | $91,222 |
| Total expenses | $190,539 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $149,005 |
| Other assets | $0 |
| Total assets | $154,105 |
| Total liabilities | $2,709 |
| Net assets or fund balances | $151,396 |