National Association Of Fraternal Insurance Counselors Inc

Organization Overview

National Association Of Fraternal Insurance Counselors Inc is located in Buffalo, MN. The organization was established in 1993. 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 a parent organization of an affiliated group for tax-exemption purposes. National Association Of Fraternal Insurance Counselors 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 12/2021, National Association Of Fraternal Insurance Counselors Inc generated $481.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $382.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

1. TO SUPPORT AND MAINTAIN THE PRINCIPLES OF FRATERNAL LIFE INSURANCE 2. TO PROMOTE HIGH ETHICAL STANDARDS IN THE SALE AND SERVICE OF FRATERNAL PRODUCTS AND BENEFITS 3. TO PROMOTE INCREASED KNOWLEDGE OF FRATERNAL REPRESENTATIVES AND TO STIMULATE AND DEVELOP SUCCESSFUL SALES AND SERVICE PRACTICES 4. TO AFFORD THE OPPORTUNITY OF THE EXCHANGE OF IDEAS BETWEEN FRATERNAL REPRESENTATIVES

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE CONTINUING EDUCATIONAL OPPORTUNITIES TO MEMBERS BY ISSUING PUBLICATIONS, HOLDING A CONVENTION, AND OFFERING COURSES.


TO PROVIDE SUPPORT TO STATE CHAPTERS AND THE FOUNDATION


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Board, Officers & Key Employees

Name (title)Compensation
Brad Maenner
Executive Di
$82,001
Gregory Gall
President
$0
Greg Mallet
Secretary/tr
$0
John Mahon
Past Preside
$0
Don Kulyk
Vice Preside
$0
Kevin Simpson
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$217,207
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$217,207
Total Program Service Revenue$255,969
Investment income $7,759
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $480,952

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