Overview
What is Minnesota Security Dealers Association Inc?
Minnesota Security Dealers Association Inc is a nonprofit organization that primarily serves the financial sector. Their main purpose, as stated in their Form 990-ez, involves organizing conferences that facilitate interactions between local and international brokerage house members. This networking event serves as a platform for members to engage with one another, fostering connections and potential collaborations within the industry. The funding for these conferences comes from sponsorships and advertising fees.
Official website here: www.mntraders.com
Is Minnesota Security Dealers Association Inc legitimate?
Minnesota Security Dealers Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Minnesota Security Dealers Association Inc submitted a form 990EZ, 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.mntraders.com
What is the mission statement of Minnesota Security Dealers Association Inc?
The Minnesota Security Dealers Association Inc, as per its Form 990-ez filing, primarily serves the purpose of registering for exempt status and organizing conferences. These conferences aim to foster connections between local and external brokerage house members. The association generates funds through sponsorships and advertising fees for these events, which serve as platforms for network expansion and professional interaction within the brokerage industry.
Official website here: www.mntraders.com
What is the revenue of Minnesota Security Dealers Association Inc?
Minnesota Security Dealers Association Inc's revenue in 2024 was $265,489.
Official website here: www.mntraders.com
Who are the executives of Minnesota Security Dealers Association Inc and what are their salaries?
Here are 4 key members and their salaries:
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Official website here: www.mntraders.com
Where can I find the form 990 for Minnesota Security Dealers Association Inc?
Minnesota Security Dealers Association Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.mntraders.com
Learn more at the official website: www.mntraders.com
Mission Statement of Minnesota Security Dealers Association Inc
Minnesota Security Dealers Association Inc serves a primary purpose of fostering connections among members of local and external brokerage houses. This nonprofit organization achieves this mission through sponsoring and hosting conferences, leveraging advertising fees as a means to bring these professionals together. The aim is to encourage networking and collaboration within the industry, ultimately benefiting its members.
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Impact
October, 2024
Minnesota Security Dealers Association Inc plays a significant role in fostering connections and enhancing collaboration among local brokerage houses. By organizing conferences, the organization creates valuable networking opportunities for its members, allowing them to interact with peers and industry experts from both local and national brokerage firms. This engagement supports knowledge sharing, best practices, and the exchange of ideas, ultimately contributing positively to the overall stability and growth of the securities industry in the region.
The association’s focus on community improvement emphasizes its commitment to enhancing the professional environment in which its members operate. By facilitating these connections, Minnesota Security Dealers Association Inc helps to strengthen the brokerage community, promote industry standards, and encourage the sharing of resources among its members. This network not only benefits individual brokerages but also adds to the resilience and robustness of the broader financial ecosystem in Minnesota.
This information is meant to be a general summary of Minnesota Security Dealers Association 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $10,838
- Program Service Revenue: $254,651
- Gross Receipts: $265,489
Assets and Liabilities:
- Total Assets: $335,678
- Total Liabilities: $0
- Net Assets: $335,678
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$236,900
MEMBER DUES
Revenue
$17,751
Organization Details
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