Friends Insurance Group Inc is located in Langhorne, PA. 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. Friends Insurance Group Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
INSURANCE PERFORMANCE BONUS RETURNED TO MEMBER ORGANIZATIONS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Bk Parry Clerk | 0 | $0 | |
Lisa Parry Secrtary/treasu | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $148,184 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $148,184 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $140,184 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,269 |
| Total expenses | $143,953 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,231 |
| Other assets | $0 |
| Total assets | $4,231 |
| Total liabilities | $0 |
| Net assets or fund balances | $4,231 |