National Lieutenant Governors Association Inc
- Assets
- $2.8m
- Revenue
- $680.4k
- Investments
- $0.0
- Employees
- 3
- Location
- Covington, KY
- Founding
- 10/2013
- Data as of
- 12/2022
- EIN
- 61-1227811
Organization Overview
National Lieutenant Governors Association Inc is located in Covington, KY. The organization was established in 2013. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, National Lieutenant Governors Association Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Lieutenant Governors Association Inc 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 12/2022, National Lieutenant Governors Association Inc generated $680.4k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $603.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE NLGA PROVIDES A MEDIUM FOR THE EXCHANGE OF VIEWS AND EXPRESSION ON ISSUES OF SHARED INTEREST, FOSTERS INTERSTATE COOPERATION, AND IMPROVES THE EFFICIENCY AND EFFECTIVENESS OF STATES AND US TERRITORIES AND THE OFFICE OF LIEUTENANT GOVERNOR AND SECOND-IN-COMMAND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NLGA CONDUCTS AN ANNUAL MEETING, USUALLY HOSTED BY A MEMBER, AS AN OPPORTUNITY TO SHOWCASE UNIQUE STATE-BY-STATE RESOURCES, BEST PRACTICES, SHARED SOLUTIONS, AND COMMON EXPERIENCES WITH A GOAL TO INCREASE THE EFFICIENCY AND EFFECTIVENESS OF GOVERNMENT. THE MEETING AVERAGES AN ECONOMIC IMPACT OF MORE THAN $400,000 FOR THE STATE WHICH HOSTS IT (2012). AT THIS MEETING, TWO SECOND-IN-COMMANDS ARE RECOGNIZED WITH AN AWARD FOR (1) LEADERSHIP IN THE ARTS AND (2) LEADERSHIP IN RECYCLING. NLGA MEMBERS PASSED BIPARTISAN POLICY STATEMENTS OF SHARED CONCERN.
NLGA CONDUCTS AN ANNUAL BUSINESS MEETING FOR NEW ELECTS/APPOINTEES, USUALLY HOSTED BY A MEMBER, AS AN OPPORTUNITY TO SHOWCASE UNIQUE STATE-TO-STATE RESOURCES, BEST PRACTICES, SHARED SOLUTIONS, AND COMMON EXPERIENCES WITH A GOAL TO INCREASE THE EFFICIENCY AND EFFECTIVENESS OF STATE AND TERRITORIAL GOVERNMENT AND THE OFFICE OF SECOND-IN-COMMAND. THIS MEETING ALSO FOCUSES ON LEADERSHIP TRAINING AND THE UNIQUE TRAINING FOR THE OFFICE OF LIEUTENANT GOVERNOR AND OF SUCCESSION.
NLGA CONDUCTS AN ANNUAL FEDERAL-STATE RELATIONS MEETING IN WASHINGTON, DC AS AN OPPORTUNITY TO EXCHANGE INFORMATION ON ISSUES AND TO CREATE, MAINTAIN, AND EXPAND STATE-TO-STATE, FEDERAL, AND INTERNATIONAL RELATIONSHIPS CONTRIBUTING TO THE EFFICIENCY AND EFFECTIVENESS OF STATE AND TERRITORIAL GOVERNMENT AND THE OFFICE OF LIEUTENANT GOVERNOR AND SECOND-IN-COMMAND. THIS MEETING UNIQUELY OFFERS MEMBERS OPPORTUNITIES INTERNATIONALLY, PARTICULARLY AS RELATED TO COMMERCE. THE FOCUS OF THIS MEETING IS INTERNATIONAL AND INTERGOVERNMENTAL AFFAIRS. AT THIS MEETING, TWO SECONDS-IN-COMMAND ARE RECOGNIZED FOR LEADERSHIP IN (1) ENERGY AND SUSTAINABILITY AND (2) PUBLIC HEALTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julia Brossart Director | Officer | 50 | $107,500 |
Randy Mcnally Lieutenant Governor | Trustee | 0 | $0 |
Adam Gregg Lieutenant Governor | Trustee | 1 | $0 |
Juliana Stratton Lieutenant Governor | Trustee | 1 | $0 |
Mike Kehoe Lieutenant Governor | Trustee | 1 | $0 |
Billy Nungesser Lieutenant Governor | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $48,000 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $632,445 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $680,445 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $680,445 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $215,309 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,438 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,408 |
| Advertising and promotion | $1,852 |
| Office expenses | $29,725 |
| Information technology | $3,823 |
| Royalties | $0 |
| Occupancy | $11,621 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $306,870 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,630 |
| All other expenses | $0 |
| Total functional expenses | $603,534 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $974,395 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,855,804 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,830,199 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $2,786,700 |
| Net assets with donor restrictions | $43,499 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,830,199 |