Inter Company Marketing Group
- Assets
- $799.1k
- Revenue
- $837.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Mcpherson, KS
- Founding
- 06/1999
- Data as of
- 03/2022
- EIN
- 54-1878536
Organization Overview
Inter Company Marketing Group is located in Mcpherson, KS. The organization was established in 1999. 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. Inter Company Marketing Group 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 03/2022, Inter Company Marketing Group generated $837.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $552.3k during the year ending 03/2022. While expenses have increased by 7.1% per year over the past 7 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
TO PROVIDE A FORUM FOR INSURANCE & FINANCIAL SERVICES COMPANIES TO OPENLY EXCHANGE INFORMATION PERTINENT TO THEIR FIELD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCT AN ANNUAL CONFERENCE AND GOLF TOURNAMENT TO PROVIDE A NETWORKING ENVIRONMENT FAVORABLE TO ENHANCING BUSINESS RELATIONSHIPS.
PROVIDE RESOURCES FOR SUCCESSFUL INTER-COMPANY ALLIANCES SUCH AS NEWSLETTERS, DIRECTORIES, RESEARCH REPORTS, ACCESS TO VARIOUS MARKETING & SALES TOOLS, AND AN ONLINE FORUM FOR MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Snapp President | OfficerTrustee | 2 | $0 |
Steve Trattner Vice Preside | OfficerTrustee | 2 | $0 |
Richard S Katz Treasurer | OfficerTrustee | 2 | $0 |
Robin Depenbrock 2nd Vice Pre | OfficerTrustee | 2 | $0 |
Ted Baran Past Preside | Trustee | 2 | $0 |
Todd Cowan Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $99,395 |
| 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 | $99,395 |
| Total Program Service Revenue | $707,193 |
| Investment income | $5,555 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,715 |
| Net Income from Fundraising Events | $21,677 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $837,535 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $21,557 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $124,350 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $602 |
| Fees for services: Other | $43,828 |
| Advertising and promotion | $2,697 |
| Office expenses | $35,720 |
| Information technology | $76,132 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $20,706 |
| 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 | $0 |
| Insurance | $2,233 |
| All other expenses | $5,571 |
| Total functional expenses | $552,312 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $123,424 |
| Savings and temporary cash investments | $378,754 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $22,031 |
| 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 | $36,732 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $238,137 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $799,078 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $7,675 |
| 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 | $9 |
| Total liabilities | $7,684 |
| Net assets without donor restrictions | $791,394 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $799,078 |
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