Mississippi Assoc Of Life Underwriters
- Assets
- $219.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cedar Falls, IA
- Founding
- 00/0000
- Data as of
- 12/2023
- EIN
- 64-0411545
Organization Overview
Mississippi Assoc Of Life Underwriters is located in Cedar Falls, IA. The organization was established in 0000. 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. Mississippi Assoc Of Life Underwriters 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, Mississippi Assoc Of Life Underwriters generated $94.4k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $82.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.2%) 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
PROVIDES PROGRAMS, SEMINARS, PUBLICATIONS, ADVOCACY, & GENERAL SERVICES FOR LIFE UNDERWRITERS AND FINANCIAL ADVISORS IN THE MISSISSIPPI AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Luke Langston Past President | 4 | $0 | |
Demetrius Bryant Sr President | 4 | $0 | |
Lee Owen Sec/treasurer | 4 | $0 | |
Jack Curtis Nat'l Committee | 4 | $0 | |
Montyne King Clay President Elect | 4 | $0 | |
Danny Hankins Vice President | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $390 |
| Membership dues | $94,006 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $94,397 |
| 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 | $55,921 |
| Occupancy, rent, utilities, and maintenance | $3,661 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,648 |
| Total expenses | $82,230 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $209,239 |
| Other assets | $0 |
| Total assets | $219,741 |
| Total liabilities | $55,624 |
| Net assets or fund balances | $164,117 |