Naifa-Tennessee
- Assets
- $330.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Cedar Falls, IA
- Founding
- 11/1965
- Data as of
- 12/2023
- EIN
- 62-0728939
Organization Overview
Naifa-Tennessee is located in Cedar Falls, IA. The organization was established in 1965. 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-Tennessee 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-Tennessee generated $126.8k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $96.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 9 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
ADVOCATE FOR A POSITIVE LEGISLATIVE AND REGULATORY ENVIRONMENT, ENHANCE BUSINESS AND PROFESSIONAL SKILLS, AND PROMOTE THE PROFESSION AND ETHICAL CONDUCT OF ADVISORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Flowers President | 2 | $0 | |
Rebecca Brown Schulter President Elect | 2 | $0 | |
Joe Easley Secretary | 2 | $0 | |
Chalmers Valentine Regional VP | 1 | $0 | |
Derrick Bradley Regional VP | 1 | $0 | |
Cindy Moyers Affiliate Dvmt | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $32,780 |
| Membership dues | $92,566 |
| Investment income | $926 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $490 |
| Total Revenue | $126,762 |
| 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 | $77,104 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,956 |
| Total expenses | $96,060 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $311,154 |
| Other assets | $0 |
| Total assets | $330,229 |
| Total liabilities | $132,418 |
| Net assets or fund balances | $197,811 |