Ism-Twin Cities Inc
- Assets
- $100.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Plymouth, MN
- Founding
- 01/1960
- Data as of
- 06/2024
- EIN
- 41-6027537
Organization Overview
Ism-Twin Cities Inc is located in Plymouth, MN. The organization was established in 1960. According to its NTEE Classification (J01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ism-Twin Cities 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 06/2024, Ism-Twin Cities Inc generated $103.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $103.2k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 8 years. 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
2024
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION PROVIDES SEMINARS AND CONFERENCES, EDUCATIONAL OPPORTUNITIES, AND OTHER RELATED SERVICES TO ITS MEMBERS. THERE ARE NO SPECIFIC GRANTS RELATED TO SUCH ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Christoffersen Executive Dir. | 17 | $47,709 | |
Kent Kolstad President | 1 | $0 | |
Alan Harrah Vice President | 1 | $0 | |
Gary Buescher Vice President | 1 | $0 | |
Peggy Sowden Past President | 1 | $0 | |
Nick Fuhry Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $65,988 |
| Membership dues | $33,755 |
| Investment income | $3,617 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $103,360 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $47,709 |
| Professional fees and other payments to independent contractors | $23,600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $215 |
| Other expenses | $31,673 |
| Total expenses | $103,197 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $100,274 |
| Other assets | $0 |
| Total assets | $100,274 |
| Total liabilities | $4,400 |
| Net assets or fund balances | $95,874 |