Public Charity

NATIONAL ASSOCIATION OF FRATERNAL INSURANCE COUNSELORS INC

NATIONAL ASSOCIATION OF FRATERNAL INSURANCE COUNSELORS INC, of BUFFALO, MN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $445K in revenue, $425K in expenses, $883K in total assets. 1 publicly reported grants to this organization, totaling roughly $10K, appear in IRS filings.

EIN: 391640907 BUFFALO, MN Chambers of Commerce & Business Leagues NTEE: S41 Latest filing: 2024
Total Revenue$445K
Total Expenses$425K
Total Assets$883K
Grant Records1
Funding Total$10K
Filing Years2019–2024

Mission

1. TO SUPPORT AND MAINTAIN THE PRINCIPLES OF FRATERNAL LIFE INSURANCE 2. TO PROMOTE HIGH ETHICAL STANDARDS IN THE SALE AND SERVICE OF FRATERNAL PRODUCTS AND BENEFITS 3. TO PROMOTE INCREASED KNOWLEDGE OF FRATERNAL REPRESENTATIVES AND TO STIMULATE AND DEVELOP SUCCESSFUL SALES AND SERVICE PRACTICES 4. TO AFFORD THE OPPORTUNITY OF THE EXCHANGE OF IDEAS BETWEEN FRATERNAL REPRESENTATIVES

Where $100 goes at National Association of Fraternal Insurance Counselors Inc

How National Association of Fraternal Insurance Counselors Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$78 Programs the work itself
$20 Management running the organization
$2 Fundraising raising the next dollar

Inside the $78 for programs

$75
To provide continuing educational opportunities to members by issuing publications, holding a convention, and offering courses
96% of program spending
$3
To provide support to state chapters and the foundation
4% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2022
Catholic education
$10,000

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

EXECUTIVE DI Brad Maenner
DIRECTOR Chad Foster
PAST PRESIDE Daniel Lloyd
DIRECTOR Daniel Schachle
DIRECTOR Dustin Dean
VICE PRESIDE Eugene Smart

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $445K $425K $883K
2023 $359K $373K $862K
2022 $412K $326K $876K
2020 $238K $186K $698K
2019 $346K $364K $654K

Between 2019 and 2024, reported annual revenue grew from $346K to $445K (+29%), with total assets most recently reported at $883K.

Interactive year-over-year charts and full filing details available with membership.

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