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Managing Directors Association Of Northwestern Mutual Life Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 391262602 ✦ Racine, WI ✦ Designated as a 501(c)(6)

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Overview

What is Managing Directors Association Of Northwestern Mutual Life Inc?

The Managing Directors Association of Northwestern Mutual Life Inc, situated in Racine, Wisconsin, is a nonprofit organization, boasting approximately 286 members. Its primary function is to facilitate annual gatherings, where members exchange insights on their professional practices. These events serve as a platform for motivational speakers to train members on various topics, such as enhancing their district network offices, recruitment and training of financial representatives, and investment-related products. The association also focuses on office organization, staff management, leadership development, marketing, and sales techniques. Throughout the year, regional educational conferences are held, culminating in an annual spring conference. In essence, the Managing Directors Association of Northwestern Mutual Life Inc is dedicated to providing its members with valuable educational resources and opportunities for professional growth.

Is Managing Directors Association Of Northwestern Mutual Life Inc legitimate?

Managing Directors Association Of Northwestern Mutual Life Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Managing Directors Association Of Northwestern Mutual Life Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $122,886
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Managing Directors Association Of Northwestern Mutual Life Inc?

The Managing Directors Association of Northwestern Mutual Life Inc serves its members by organizing educational conferences and providing them with relevant information. The primary objective of these activities is to facilitate knowledge sharing among members, focusing on topics related to business practices, recruitment, training, and product offerings in the insurance and investment sectors. The association encourages personal and professional growth through motivational speeches and training sessions, covering areas such as leadership development, marketing, and sales techniques. Conferences are held in various regions, with an annual spring gathering also taking place.

Who is the CEO of Managing Directors Association Of Northwestern Mutual Life Inc?

Kayla Weiss is the Past President of Managing Directors Association Of Northwestern Mutual Life Inc.

What is the revenue of Managing Directors Association Of Northwestern Mutual Life Inc?

Managing Directors Association Of Northwestern Mutual Life Inc's revenue in 2023 was $552,345.

Who are the executives of Managing Directors Association Of Northwestern Mutual Life Inc and what are their salaries?

The average compensation at Managing Directors Association Of Northwestern Mutual Life Inc during 2023 was $122,886. There is 1 employee and 7 volunteers at Managing Directors Association Of Northwestern Mutual Life Inc.


Here are 8 key members and their salaries:


Ryan Yoder Clu Chfc Cltc (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Canale Cfp Clu Chsnc Chfc (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fernando Suarez Cfp Clu Chfc (President-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Mcgough Clu Chfc Ricp (1St Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Lowery Cfp Clu Casl Cpa (2Nd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Jones (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Toby Eng Clu Chfc Cfp (District Director Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kayla Weiss (Executive Director)
  • Compensation: $102,885
  • Related: $0
  • Other: $18,870
Where can I find the form 990 for Managing Directors Association Of Northwestern Mutual Life Inc?

Managing Directors Association Of Northwestern Mutual Life Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Managing Directors Association Of Northwestern Mutual Life Inc

The Managing Directors Association of Northwestern Mutual Life Inc, a notable organization, is dedicated to organizing educational conferences and providing informative resources for its members. Its primary mission is to foster an environment where members can engage in knowledge-sharing related to their business practices, particularly in the fields of life insurance, disability insurance, long-term care insurance, and investment products offered by Northwestern Mutual. The association facilitates these educational events to motivate, train, and develop its members, focusing on topics such as recruiting and training licensed financial representatives, office organization, staff management, leadership development, marketing, and sales techniques. These conferences are held in various regions, with an annual spring conference serving as a significant gathering point for members.

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Impact




October, 2024

The Managing Directors Association of Northwestern Mutual Life Inc significantly impacts its members and the broader community through its focus on education, professional development, and networking. By organizing educational conferences, the association fosters a collaborative environment where approximately 286 members can share best practices and enhance their business acumen.

Annual and regional conferences allow members to engage with expert speakers on critical topics such as the recruitment and training of licensed financial representatives, essential for the growth of their district network offices. These gatherings cover a wide range of subjects, including organizational efficiency, staff management, leadership development, marketing strategies, and effective sales techniques.

Through this collective effort, the association not only empowers its members to succeed in offering life insurance, disability insurance, and long-term care insurance, but it also contributes to the overall improvement of the financial services community. By equipping leaders with the knowledge and tools necessary to navigate their roles effectively, the association plays a vital part in the professional landscape, ultimately benefiting the clients served by its members.




This information is meant to be a general summary of Managing Directors Association Of Northwestern Mutual Life Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$552,345 (2023)
Expenses
$515,975 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,764
  • Gross Receipts: $552,345

Assets and Liabilities:

  • Total Assets: $878,760
  • Total Liabilities: $4,747
  • Net Assets: $874,013

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Organization Details

Founding Year

1929

Principal Officer

Kayla Weiss

Main Address

PO BOX 45174, RACINE, WI, 53404

NTEE Category

Code: S41 - Community improvement

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