Mississippi Assoc Of Life Underwriters is located in Cedar Falls, IA. The organization was established in 0000. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mississippi Assoc Of Life Underwriters 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, Mississippi Assoc Of Life Underwriters generated $41.5k 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 (12.2%) each year. All expenses for the organization totaled $39.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.2%) 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
PROVIDES PROGRAMS, SEMINARS, PUBLICATIONS & GENERAL SERVICES FOR LIFE UNDERWRITERS IN THE MISSISSIPPI AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Amy Morris Executive Dir. | 40 | $22,500 | |
Lee Owen President | 4 | $0 | |
Lucky Langston President-Elect | 4 | $0 | |
Morris Armstrong Past President | 4 | $0 | |
Jerry Brewer Sec/treasurer | 4 | $0 | |
Jack Curtis Nat'l Committee | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $110 |
Membership dues | $41,148 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $267 |
Total Revenue | $41,525 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $24,305 |
Professional fees and other payments to independent contractors | $685 |
Occupancy, rent, utilities, and maintenance | $4,731 |
Printing, publications, postage, and shipping | $1,100 |
Other expenses | $8,910 |
Total expenses | $39,731 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $220,768 |
Other assets | $0 |
Total assets | $237,234 |
Total liabilities | $39,697 |
Net assets or fund balances | $197,537 |
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