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Missouri Installment Lenders Association

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

EIN: 464317257 ✦ Jefferson city, MO ✦ Designated as a 501(c)(6)

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Overview

What is Missouri Installment Lenders Association?

The Missouri Installment Lenders Association is a nonprofit organization that actively advocates for installment lenders and encourages community engagement. Their primary goal is to promote access to secure and reasonably priced loans by enlightening legislators about conventional installment loans. By doing so, they work towards creating a conducive environment for responsible lending practices and financial services in Missouri.

Is Missouri Installment Lenders Association legitimate?

Missouri Installment Lenders Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Missouri Installment Lenders Association 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.

What is the mission statement of Missouri Installment Lenders Association?

The Missouri Installment Lenders Association serves a mission to advocate for installment lenders and encourage community outreach. By educating legislators about traditional installment loans, the association works towards ensuring access to safe and affordable loans. Their primary goal is to promote financial inclusivity and financial security for individuals in need. The association also strives to increase understanding and support for the installment lending industry, ultimately benefiting consumers who rely on these services.

Who is the CEO of Missouri Installment Lenders Association?

Michael Imig is the President of Missouri Installment Lenders Association.

What is the revenue of Missouri Installment Lenders Association?

Missouri Installment Lenders Association's revenue in 2022 was $85,340.

Who are the executives of Missouri Installment Lenders Association and what are their salaries?


Here are 3 key members and their salaries:


Kelly Weise (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Imig (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Doehring (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Missouri Installment Lenders Association?

Missouri Installment Lenders Association's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Missouri Installment Lenders Association

The Missouri Installment Lenders Association, as an organization, champions the cause of installment lenders and fosters community engagement. Its primary objective is to make safe and reasonably priced loans more accessible by enlightening legislators about traditional installment loans. By doing so, the association seeks to ensure that installment lenders can operate in a supportive environment, thereby providing essential financial services to individuals in need.

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Impact




October, 2024

The Missouri Installment Lenders Association plays a significant role in supporting the installment lending industry while fostering community outreach. By advocating for the interests of installment lenders, the association ensures that consumers have access to safe and affordable loan options. One of its key functions is to educate legislators about traditional installment loans, which helps shape policies that benefit both lenders and borrowers. This advocacy not only strengthens the lending environment but also empowers individuals by providing them with crucial financial resources, ultimately contributing to community improvement in Jefferson City and beyond. Through its efforts, the association promotes a better understanding of responsible lending practices, helping to create a more informed and supportive economic landscape for all stakeholders involved.




This information is meant to be a general summary of Missouri Installment Lenders Association. 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
$85,340 (2022)
Expenses
$103,010 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $85,340

Assets and Liabilities:

  • Total Assets: $65,197
  • Total Liabilities: $0
  • Net Assets: $65,197

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Organization Details

Principal Officer

Michael Imig

Main Address

730 West Main St, Jefferson City, MO, 65101

NTEE Category

Code: S41 - Community improvement

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