Naesa International
- Assets
- $2.4m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 4
- Location
- Mankato, MN
- Founding
- 08/1978
- Data as of
- 12/2022
- EIN
- 86-0264902
Organization Overview
Naesa International is located in Mankato, MN. The organization was established in 1978. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2022, Naesa International employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Naesa International 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, Naesa International generated $1.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. While expenses have increased by 5.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CERTIFICATION OF ELEVATOR INSPECTORS, SAFETY TRAINING, AND TEACHING OF SAFETY CODE REQUIREMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEMINARS/COURSES: PRESENTS TRAINING COURSES ON ELEVATOR SAFETY CODE REQUIREMENTS.
REGIONS: SPECIFIC REGIONAL ACTIVITIES RELATED TO ELEVATOR SAFETY CONDUCTED IN DIFFERENT REGIONS OF THE COUNTRY.
ANNUAL WORKSHOP: PRESENTS EDUCATIONAL WORKSHOPS WITH SPEAKERS AND EXHIBITS FROM ELEVATOR MANUFACTURERS TO TEACH THE LATEST SAFETY CODES, EQUIPMENT, AND TECHNOLOGY.
QEI & CERTIFICATIONS: PROVIDES ANNUAL CERTIFICATION EXAMS AND ANNUAL RECERTIFICATION EXAMS OF ELEVATOR SAFETY CODE INSPECTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Day Education Director | Officer | 40 | $180,835 |
Jim Borwey Executive Director | Officer | 40 | $144,132 |
Emerald Kuhns Assistant Executive Director | Officer | 40 | $110,116 |
Charlie Slater Vice President | Officer | 1 | $0 |
Greg Decola Treasurer | Officer | 1 | $0 |
Stephanie Coyne Secretary | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $16,275 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,275 |
| Total Program Service Revenue | $1,514,704 |
| Investment income | $25,481 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$35,338 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,530,201 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $435,083 |
| Compensation of current officers, directors, key employees. | $254,248 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $80,503 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $51,540 |
| Payroll taxes | $44,050 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,524 |
| Fees for services: Accounting | $9,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $159,340 |
| Advertising and promotion | $0 |
| Office expenses | $7,210 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,113 |
| Travel | $123,946 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,278 |
| Insurance | $0 |
| All other expenses | $91,137 |
| Total functional expenses | $1,490,229 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $246,701 |
| Savings and temporary cash investments | $480,869 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,029 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $5,458 |
| Investments—publicly traded securities | $1,619,113 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $64,253 |
| Other assets | $0 |
| Total assets | $2,436,423 |
| Accounts payable and accrued expenses | $7,671 |
| Grants payable | $0 |
| Deferred revenue | $49,763 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $57,434 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $2,378,989 |
| Total liabilities and net assets/fund balances | $2,436,423 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tergar International Minneapolis, MN | $2,998,723 | $4,053,588 |
Foreign Type Cheesemakers Assn Monroe, WI | $3,139,728 | $2,950,830 |
International Union Of Elevator Constructors Little Canada, MN | $3,244,690 | $1,759,327 |
Naesa International Mankato, MN | $2,436,423 | $1,530,201 |
International Association Of Bridge Structural & Ornamental Iron Wkrs Madison, WI | $4,407,818 | $1,420,139 |
Ioas Inc Fargo, ND | $951,504 | $1,368,683 |
International Association Of Bridge Structural & Ornamental Iron Wkrs- Cedar Rapids, IA | $1,575,158 | $1,169,729 |
International Concrete Repair Institute St Paul, MN | $1,221,045 | $1,222,339 |
International Brotherhood Of Teamsters Des Moines, IA | $1,072,543 | $822,102 |
International Union Of Elevator Constructors New Berlin, WI | $990,972 | $735,519 |
International Union Of Elevator Constructors Des Moines, IA | $1,357,019 | $573,230 |
Pontiac-Oakland Cars International Inc Long Lake, MN | $434,005 | $541,886 |