Kentucky Association Of Insurance & Financial Advisors Inc
- Assets
- $33.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 03/1988
- Data as of
- 12/2022
- EIN
- 61-0599233
Organization Overview
Kentucky Association Of Insurance & Financial Advisors Inc is located in Louisville, KY. The organization was established in 1988. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kentucky Association Of Insurance & Financial Advisors 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 12/2022, Kentucky Association Of Insurance & Financial Advisors Inc generated $49.6k 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 (3.0%) each year. All expenses for the organization totaled $39.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.6%) 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
2022
Describe the Organization's Program Activity:
Part 3
CONTINUING EDUCATION THRU CONFERENCES FOR CANDIDATES STUDYING TO TAKE THE CERTIFIED LIFE UNDERWRITERS EXAM IN KENTUCKY AND THE KENTUCKY LICENSE EXAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian L Wilson Director | 2 | $0 | |
Jim Ashley President | 2 | $0 | |
Amy Arnett Sec/treas | 2 | $0 | |
John Kiebler Director | 2 | $0 | |
Patrick Robison Director | 2 | $0 | |
George N Ridings President Elect | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,324 |
| Total Program Service Revenue | $8,273 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $49,598 |
| 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 | $37,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,070 |
| Total expenses | $39,570 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,123 |
| Other assets | $0 |
| Total assets | $33,123 |
| Total liabilities | $0 |
| Net assets or fund balances | $33,123 |
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