Missouri Installment Lenders Association is located in Jefferson City, MO. The organization was established in 2018. 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. Missouri Installment Lenders 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 12/2023, Missouri Installment Lenders Association generated $64.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $84.5k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
ACCESS FOR MEMBERS AND THE PUBLIC TO SAFE AND AFFORDABLE LOANS THROUGH EDUCATING LEGISLATORS ABOUT TRADITIONAL INSTALLMENT LOANS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Weise Treasurer | 2.5 | $0 | |
Michael Imig President | 2.5 | $0 | |
Andy Doehring Vice President | 2.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $64,920 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,920 |
| 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 | $6,605 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $77,854 |
| Total expenses | $84,459 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,658 |
| Other assets | $0 |
| Total assets | $45,658 |
| Total liabilities | $0 |
| Net assets or fund balances | $45,658 |