Southern Loss Association Inc
- Assets
- $203.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 06/1995
- Data as of
- 12/2023
- EIN
- 58-2133246
Organization Overview
Southern Loss Association Inc is located in Atlanta, GA. The organization was established in 1995. 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. Southern Loss Association Inc 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, Southern Loss Association Inc generated $98.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $86.3k during the year ending 12/2023. While expenses have increased by 5.4% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
EDUCATION IN INSURANCE CLAIMS. CONDUCTED SEMINARS FOR MEMBERS DURING THE YEAR ALONG WITH OTHER FELLOWSHIP ACTIVITIES TO THE OVER 200 MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Amatulli President | 2 | $0 | |
Brooke Hill Vice President | 2 | $0 | |
Adrian Medley Treasurer | 2 | $0 | |
Jessica Petrey Secretary | 2 | $0 | |
Stephen Phillips Asst. Sec./treas. | 2 | $0 | |
Derrick Owens At Large | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,360 |
| Total Program Service Revenue | $19,535 |
| Membership dues | $6,130 |
| Investment income | $1,757 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,212 |
| Other Revenue | $0 |
| Total Revenue | $97,994 |
| 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 | $1,250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $58,058 |
| Total expenses | $86,328 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $203,519 |
| Other assets | $0 |
| Total assets | $203,519 |
| Total liabilities | $5,100 |
| Net assets or fund balances | $198,419 |