Naifa South Carolina
- Assets
- $140.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cedar Falls, IA
- Founding
- 07/1984
- Data as of
- 12/2023
- EIN
- 57-0474511
Organization Overview
Naifa South Carolina is located in Cedar Falls, IA. The organization was established in 1984. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, 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. Naifa South Carolina 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 12/2023, Naifa South Carolina generated $79.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $92.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDING CONTINUING EDUCATION CONFERENCES, SEMINARS AND MEETINGS TO ASSIST MEMBERS IN KEEPING UP WITH THE INDUSTRY CHANGES AND INNOVATIONS AFFECTING THEIR ABILITY TO COMPLY WITH THE ASSOCIATION'S MISSION STATEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Casey Chambers President | 2 | $0 | |
Bruce Pope President Elect | 2 | $0 | |
Johnny Craven Past President | 2 | $0 | |
Tim Williamson Sec/treasurer | 2 | $0 | |
Steve Leslie Charter Bldr Tr | 1 | $0 | |
Greg Ayers Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $402 |
| Total Program Service Revenue | $18,094 |
| Membership dues | $58,071 |
| Investment income | $3,008 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $79,575 |
| 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 | $54,589 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $37,390 |
| Total expenses | $91,979 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $130,036 |
| Other assets | $0 |
| Total assets | $140,427 |
| Total liabilities | $37,628 |
| Net assets or fund balances | $102,799 |