Zag Incorporated
- Assets
- $139.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Duluth, MN
- Founding
- 06/2006
- Data as of
- 12/2023
- EIN
- 74-3149665
Organization Overview
Zag Incorporated is located in Duluth, MN. The organization was established in 2006. 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. Zag Incorporated 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, Zag Incorporated generated $95.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $103.3k during the year ending 12/2023. While expenses have increased by 3.4% per year over the past 9 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheila Wewers President | 10 | $0 | |
John Lawerence Vice Preside | 2 | $0 | |
Samantha Halligan Secretary/tr | 4 | $0 | |
April Terranella Director | 2 | $0 | |
Eli Johnson Director | 2 | $0 | |
Jadena Terrell Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $95,750 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $95,750 |
| 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 | $4,050 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $919 |
| Other expenses | $98,296 |
| Total expenses | $103,265 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $139,491 |
| Other assets | $0 |
| Total assets | $139,491 |
| Total liabilities | $0 |
| Net assets or fund balances | $139,491 |