Naifa-Tennessee
- Assets
- $282.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Cedar Falls, IA
- Founding
- 11/1965
- Data as of
- 12/2021
- EIN
- 62-0728939
Organization Overview
Naifa-Tennessee is located in Cedar Falls, IA. The organization was established in 1965. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, 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. Naifa-Tennessee 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, Naifa-Tennessee generated $130.4k 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 (3.4%) each year. All expenses for the organization totaled $112.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
ADVOCATE FOR A POSITIVE LEGISLATIVE AND REGULATORY ENVIRONMENT, ENHANCE BUSINESS AND PROFESSIONAL SKILLS, AND PROMOTE THE PROFESSION AND ETHICAL CONDUCT OF ADVISORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chase Sinquefield President | 2 | $0 | |
Adam Milam President Elect | 2 | $0 | |
Scott Flowers Sec/treasurer | 2 | $0 | |
Cindy Moyers Natl Committee | 2 | $0 | |
Karen Byrd Past President | 1 | $0 | |
Joe Easley Sr Regional VP | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10 |
| Total Program Service Revenue | $39,775 |
| Membership dues | $89,521 |
| Investment income | $502 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $628 |
| Total Revenue | $130,436 |
| 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 | $75,800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $196 |
| Other expenses | $36,259 |
| Total expenses | $112,255 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $263,176 |
| Other assets | $0 |
| Total assets | $282,764 |
| Total liabilities | $153,523 |
| Net assets or fund balances | $129,241 |
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