Overview
What is Financial Executives International Twin Cities Chapter Inc?
Financial Executives International Twin Cities Chapter Inc is a nonprofit organization situated in Minneapolis, Minnesota. Its primary mission is to promote the success of senior-level financial executives, their organizations, and the finance profession at large. To accomplish this, the chapter offers various platforms for networking and knowledge sharing, including local and international forums. It also provides valuable insights to aid in informed business decisions. In addition, the chapter advocates for the interests of its members, serving as a powerful voice in the financial sector. One of its notable activities involves grant distribution, such as the $8,700 grant given to Financial Executive Research Foundation (FERF). This affiliated research organization further contributes to the advancement of the finance profession.
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Is Financial Executives International Twin Cities Chapter Inc legitimate?
Financial Executives International Twin Cities Chapter Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Financial Executives International Twin Cities Chapter 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.
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What is the mission statement of Financial Executives International Twin Cities Chapter Inc?
The Financial Executives International Twin Cities Chapter Inc's mission is centered around enhancing the success of senior financial executives, their organizations, and the profession as a whole. Established in 1931, the organization achieves this mission through various means. These include providing opportunities for networking and interaction with peers, offering insightful information to aid in informed business decisions, advocating for their interests, and promoting ethical leadership through the use of relevant tools. By doing so, FEI aims to advance the professional growth of senior financial executives.
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What is the revenue of Financial Executives International Twin Cities Chapter Inc?
Financial Executives International Twin Cities Chapter Inc's revenue in 2024 was $370,634.
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Who are the executives of Financial Executives International Twin Cities Chapter Inc and what are their salaries?
There 35 volunteers at Financial Executives International Twin Cities Chapter Inc.
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Official website here: www.feitwincities.com
Where can I find the form 990 for Financial Executives International Twin Cities Chapter Inc?
Financial Executives International Twin Cities Chapter Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.feitwincities.com
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Mission Statement of Financial Executives International Twin Cities Chapter Inc
Financial Executives International Twin Cities Chapter Inc's mission is centered around enhancing the success of senior-level financial executives, their respective organizations, and the finance profession as a whole. Established in 1931, this nonprofit organization has been instrumental in achieving this goal by implementing four key strategies: interaction, information, influence, and integrity.
Under the interaction strategy, FEI provides a platform for its members to connect with their peers both locally and internationally. This is done through various forums and events, fostering a network of professionals who can share experiences and insights to make informed business decisions.
The information strategy involves supplying members with valuable insights to aid in their professional growth. FEI achieves this by offering data and knowledge that can be utilized in making business decisions. This information serves as a crucial resource for senior financial executives, helping them stay updated and competitive in their field.
FEI also advocates for the interests of its members through the influence strategy. By representing their concerns authoritatively, the organization ensures that senior-level financial executives have a strong voice in shaping the future of the finance profession.
Lastly, the integrity strategy emphasizes the importance of ethical leadership. FEI provides the tools necessary for its members to advance their professional development while upholding high ethical standards. This focus on integrity is essential for maintaining the reputation and trust of the finance profession.
In summary, Financial Executives International Twin Cities Chapter Inc's mission is to support and advance the success of senior-level financial executives, their organizations, and the finance profession as a whole. This is achieved through interaction, information, influence, and integrity, providing members with a network, valuable insights, advocacy, and ethical leadership tools.
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Impact
October, 2024
Financial Executives International Twin Cities Chapter Inc actively enhances the success of senior-level financial executives and their organizations. By providing valuable resources and a network of peers, it fosters collaboration and knowledge sharing among professionals in the financial sector. This chapter plays a crucial role in the community, promoting ethical leadership and informed decision-making.
The impact of FEI is evident through its support of initiatives that strengthen the business community. For instance, grants such as the $8,700 awarded to the Financial Executives Research Foundation (FERF) help finance critical research that informs best practices and emerging trends in finance. Through its mission, FEI not only connects its members but also advocates for their interests, ensuring they have a voice in important industry discussions. This organizational support ultimately contributes to a more robust and ethical financial community, benefiting businesses and stakeholders alike in Minneapolis and beyond.
This information is meant to be a general summary of Financial Executives International Twin Cities Chapter 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: $1
- Program Service Revenue: $115,634
- Gross Receipts: $370,634
Assets and Liabilities:
- Total Assets: $334,626
- Total Liabilities: $91,705
- Net Assets: $242,921
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Chapter Events
Revenue
$79,404
Membership Revenue
Revenue
$16,300
Organization Details
Founding Year
2015
Principal Officer
Rachel Rice
Website
www.feitwincities.comNTEE Category
Code: S41 - Community improvement
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