Idaho Financial Services Assn Inc
- Assets
- $24.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Boise, ID
- Founding
- 12/1955
- Data as of
- 09/2023
- EIN
- 82-6008172
Organization Overview
Idaho Financial Services Assn Inc is located in Boise, ID. The organization was established in 1955. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Idaho Financial Services Assn 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 09/2023, Idaho Financial Services Assn Inc generated $52.8k 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 (3.5%) each year. All expenses for the organization totaled $71.3k during the year ending 09/2023. 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
THE CORPORATION MONITORED THE CONDITION OF THE LOAN INDUSTRY IN THE STATE OF IDAHO THROUGH MEETINGS WITH THE DEPARTMENT OF FINANCE AND INSURANCE AND INFORMAL MEETINGS WITH LEGISLATORS TO DISCUSS THE STATE OF THE INDUSTRY AND ITS FUTURE. THE CORPORATION DOES NOT MAKE POLITICAL CONTRIBUTIONS SUPPORTING OR OPPOSING ANY CANDIDATE FOR ELECTIVE OFFICE. THE CORPORATION DOES ARRANGE MEETINGS WITH THE INDUSTRY'S REGULATORS, HOLDS A RECEPTION AND DINNER FOR MEMBERS OF THE LEGISLATURE AND SUPPORTS OR OPPOSES LEGISLATION GERMANE TO THE LOAN INDUSTRY. THE CORPORATION DOES NOTIFY AND ADVISE THE MEMBERS OF THE CORPORATION OF THE PORTION OF THE DUES PAID BY MEMBERS THAT IS EXPENDED IN LOBBYING ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brett Fuhriman Vice President | 1 | $0 | |
Bruce Murdoch Director | 1 | $0 | |
Lee Holzman Director | 1 | $0 | |
Roger Lloyd Director | 1 | $0 | |
Tracy Sandin President | 1 | $0 | |
Doug Marohn Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $50,713 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,119 |
| Total Revenue | $52,846 |
| 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 | $52,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,256 |
| Total expenses | $71,256 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,509 |
| Other assets | $0 |
| Total assets | $24,509 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,509 |