Upper Peninsula Association Of Independent Insurance Agents is located in Escanaba, MI. The organization was established in 2017. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Upper Peninsula Association Of Independent Insurance Agents 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 12/2021, Upper Peninsula Association Of Independent Insurance Agents generated $43.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.0%) each year. All expenses for the organization totaled $61.5k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
HOSTED AN ANNUAL INSURANCE AGENT CONVENTION, PROVIDED ONLINE RESOURCES INCLUDING PUBLICATIONS AND LINKS TO KEEP INSURANCE PROFESSIONALS CURRENT AND PROVIDED GRANTS TO LOCAL ORGANIZATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Elissa Howe Secretary/treasurer | 2 | $0 | |
Ryan Nummela Director | 1.5 | $0 | |
Jolee Hughes President | 2 | $0 | |
Tracy Magnuson Vice President | 2 | $0 | |
Andrew Lorenz Director | 1.5 | $0 | |
Bob Frantti Director | 1.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $11,857 |
Total Program Service Revenue | $28,985 |
Membership dues | $3,000 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $43,842 |
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 | $3,575 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $1,887 |
Other expenses | $55,568 |
Total expenses | $61,530 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $24,581 |
Other assets | $0 |
Total assets | $24,581 |
Total liabilities | $0 |
Net assets or fund balances | $24,581 |
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