Twin Cities Insurance Club is located in Edina, MN. The organization was established in 2007. 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. Twin Cities Insurance Club 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 06/2017, Twin Cities Insurance Club generated $19.0k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $17.6k during the year ending 06/2017. While expenses have increased by 0.9% per year over the past 2 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
CONDUCTS MONTHLY MEETINGS TO DISCUSS ISSUES OF COMMON CONCERN AND ALLOW NETWORKING AMONG COLLEAGUES MEETINGS HELD SEPTEMBER THROUGH MAY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jody Virnig Treasurer | 3 | $0 | |
Ashley Schmidt Secretary | 2 | $0 | |
Genevieve Frazer 2nd Vice President | 1 | $0 | |
Brandon Miller President | 3 | $0 | |
Nels Dyste Vice President | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,825 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $15,167 |
| Total Revenue | $18,992 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,575 |
| Total expenses | $17,575 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,569 |
| Other assets | $0 |
| Total assets | $2,569 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,569 |