Third Party Risk Association
- Assets
- $259.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ankeny, IA
- Founding
- 05/2019
- Data as of
- 12/2022
- EIN
- 83-2304238
Organization Overview
Third Party Risk Association is located in Ankeny, IA. The organization was established in 2019. 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. Third Party Risk Association 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 12/2022, Third Party Risk Association generated $179.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 49.4% each year . All expenses for the organization totaled $201.6k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
MEMBER MEETINGS (VOTING ELIGIBLE) - MONTHLY MEMBER MEETINGS OCCURRED IN ALL OF 2022. AT 12/31/22, THERE WERE 391 VOTING-ELIGIBLE MEMBERS (155 IN 2021). MEMBER MEETINGS (NON-VOTING ELIGIBLE) - QUARTERLY MEETINGS HAVE OCCURRED DURING 2022. AS OF 12/31/22, THERE WERE 16 (11 IN 2021) NON-VOTING ELIGIBLE MEMBERS. ONLINE FORUMS AND FOCUS GROUPS WERE HELD IN 2022. THE TPRA WEBSITE INCLUDES FORUMS FOR MEMBERS TO SHARE INFORMATION, EXPERIENCES, TOOLS, AND TECHNIQUES. IN ADDITION, INDUSTRY-SPECIFIC FOCUS GROUPS OCCUR ON A REGULAR BASIS. 1 ONLINE CONFERENCES (3 IN 2021) AND 1 IN PERSON CONFERENCE WERE HELD DURING 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Gaiaschi Chief Executive Officer And Co-Founder | 40 | $66,731 | |
Corinne Elscott Secretary | 1 | $0 | |
Meghan Schrader Marketing | 40 | $27,600 | |
Crystal Berg Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $96,105 |
| Membership dues | $83,547 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $179,659 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $104,062 |
| Professional fees and other payments to independent contractors | $2,471 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $7,804 |
| Other expenses | $87,245 |
| Total expenses | $201,582 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $230,074 |
| Other assets | $0 |
| Total assets | $259,792 |
| Total liabilities | $171,054 |
| Net assets or fund balances | $88,738 |