Civic Intelligence

Twin City Insurance Club

EIN 20-5119344 • 501(c)6 • Edina, MN

Profile

SEE STATEMENT 1

7420 Edinborough WayEdina, MN 55435
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2017

Net Margin

63rd percentile

7.5%

Higher net margin than 63% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2017

Top Officer Pay

77th percentile

$980

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

97th percentile

123%

Faster asset growth than 97% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

67th percentile

9.9%

Faster revenue growth than 67% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets49th percentile

Assets

Up

$2,569

Up $1,417 (+123%) from 2016

Liabilities

Flat

$0

Flat from 2016

Net Assets

Up

$2,569

Up $1,417 (+123%) from 2016

Operations
Liabilities / Revenue51st percentileNet Margin63rd percentile

Revenue

Up

$18,992

Up $1,718 (+9.9%) from 2016

Expenses

Up

$17,575

Up $309 (+1.8%) from 2016

Net Income

Up

$1,417

Up $1,409 (+17613%) from 2016

Trend Graphs

Balance Sheet Trend

Asset Growth97th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0K$2.0K$1.0K$0Assets 2012: $2,186Liabilities 2012: $02012Assets 2013: $2,884Liabilities 2013: $02013Assets 2014: $1,491Liabilities 2014: $02014Assets 2015: $1,144Liabilities 2015: $0Net Assets 2015: $1,1442015Assets 2016: $1,152Liabilities 2016: $0Net Assets 2016: $1,1522016Assets 2017: $2,569Liabilities 2017: $0Net Assets 2017: $2,5692017

Highlighted filing

2017

Assets$2,569
Liabilities$0
Net Assets$2,569
Open 2017 Filing

Operations Trend

Revenue Growth67th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20K$10K$0-$10KRevenue 2012: $16,405Expenses 2012: $16,531Net Income 2012: -$1262012Revenue 2013: $17,515Expenses 2013: $16,817Net Income 2013: $6982013Revenue 2014: $16,780Expenses 2014: $18,173Net Income 2014: -$1,3932014Revenue 2015: $17,300Expenses 2015: $17,647Net Income 2015: -$3472015Revenue 2016: $17,274Expenses 2016: $17,266Net Income 2016: $82016Revenue 2017: $18,992Expenses 2017: $17,575Net Income 2017: $1,4172017

Highlighted filing

2017

Revenue$18,992
Expenses$17,575
Net Income$1,417
Open 2017 Filing

Filings

Most recent year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,569
Liabilities
$0
Net assets
$2,569
Revenue
$18,992
Expenses
$17,575
Net income
$1,417
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$2.57$0.00$2.57$19.0$17.6$1.42
2016Detailed filing. Detailed filing data is available for this year.$1.15$0.00$1.15$17.3$17.3$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.14$0.00$1.14$17.3$17.6$0.35
2014Summary only. Only limited summary data is available for this year.$1.49$0.00$16.8$18.2$1.39
2013Summary only. Only limited summary data is available for this year.$2.88$0.00$17.5$16.8$0.70
2012Summary only. Only limited summary data is available for this year.$2.19$0.00$16.4$16.5$0.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Aug 25, 2017
Return Version
2016v3.0
Gross Receipts
$18,992
Mission and Program Overview

Mission

SEE STATEMENT 1

Program Services

DescriptionGrantsExpenses
CONDUCTS MONTHLY MEETINGS TO DISCUSS ISSUES OF COMMON CONCERN AND ALLOW NETWORKING AMONG COLLEAGUES MEETINGS HELD SEPTEMBER THROUGH MAY--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jody VIRNIGTreasurer-$0$980$980
Ashley SCHMIDTSecretary-$0$980$980
Genevieve Frazer2nd Vice President-$0--
Brandon MillerPresident-$0--
Nels DysteVice President-$0--
Filing and Contact Details

Filer

Filer Name
Twin City Insurance Club
EIN
20-5119344
Address
7420 EDINBOROUGH WAY, EDINA, MN 55435

Signing Officer

Name
Jody VIRNIG
Title
Treasurer
Phone
6122519907
Signed
2017-08-25
Discuss with paid preparer
No

Preparer

Firm
Steven Zelinsky CPA
Address
4021 Vernon Ave S Ste 204, St Louis Park, MN 55416
Preparer
Steve Zelinsky CPA
Phone
9522210077
Supplemental Narrative

Additional Explanations

General explanation attachment

“Statement 1 organizations primary exempt purposepromote the insurance industry through monthly luncheons providing one hour of continuing education.”

Description of other revenue Part I line 8

“Description AmountMEETING REVENUE 12,379SPONSERS 2,788”

Description of other expenses Part I line 16

“Description AmountAUDIO EQUIPMENT RENTAL 1,778WEBSITE 240BANK CHARGES 240OFFICERS LIABILITY INS 681MEETING EXPENSES 10,894ANNUAL BOARD MEETING 140OFFICE ADMINISTRATION 2,520SPEAKERS TOKEN GIFT 190TAX PREPARATION 150CONTINUING ED FEE 201Office Equipment 64Baby Gift Member 45INSURANCE -General 432”

Raw XML Appendix132 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
CompensationExplanation/CompensationExplanationGrp/PersonNm0Jody VIRNIG
CompensationExplanation/CompensationExplanationGrp/PersonNm1Ashley SCHMIDT
CompensationExplanation/CompensationExplanationGrp/PersonNm2Genevieve Frazer
CompensationExplanation/CompensationExplanationGrp/PersonNm3Brandon Miller
CompensationExplanation/CompensationExplanationGrp/PersonNm4Nels Dyste
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt01099 Misc 2016 980
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt11099 MISC INCOME $980 FOR 2016
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt2VOLUNTEER
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt3VOLUNTEER
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt4VOLUNTEER
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Jody VIRNIG
IRS990EZ/BooksInCareOfDetail/PhoneNum09525937463
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt07420 EDINBOROUGH WAY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0EDINA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055435
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01152
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02569
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01417
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01152
IRS990EZ/Form990TotalAssetsGrp/EOYAmt02569
IRS990EZ/GrossReceiptsAmt018992
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt03825
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01152
IRS990EZ/NetAssetsOrFundBalancesEOYAmt02569
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01152
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt02569
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt03.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt33.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt0980
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt1980
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Jody VIRNIG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Ashley SCHMIDT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Genevieve Frazer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Brandon Miller
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Nels Dyste
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt22ND VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VICE PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt017575
IRS990EZ/OtherRevenueTotalAmt015167
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SEE STATEMENT 1
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CONDUCTS MONTHLY MEETINGS TO DISCUSS ISSUES OF COMMON CONCERN AND ALLOW NETWORKING AMONG COLLEAGUES MEETINGS HELD SEPTEMBER THROUGH MAY
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt017575
IRS990EZ/TotalRevenueAmt018992
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0STATEMENT 1 ORGANIZATIONS PRIMARY EXEMPT PURPOSEPROMOTE THE INSURANCE INDUSTRY THROUGH MONTHLY LUNCHEONS PROVIDING ONE HOUR OF CONTINUING EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountMEETING REVENUE 12,379SPONSERS 2,788
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description AmountAUDIO EQUIPMENT RENTAL 1,778WEBSITE 240BANK CHARGES 240OFFICERS LIABILITY INS 681MEETING EXPENSES 10,894ANNUAL BOARD MEETING 140OFFICE ADMINISTRATION 2,520SPEAKERS TOKEN GIFT 190TAX PREPARATION 150CONTINUING ED FEE 201Office Equipment 64Baby Gift Member 45INSURANCE -General 432
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other expenses Part I line 16
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Jody VIRNIG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06122519907
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-08-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TWIN CITY INSURANCE CLUB
ReturnHeader/Filer/BusinessNameControlTxt0TWIN
ReturnHeader/Filer/EIN0205119344
ReturnHeader/Filer/USAddress/AddressLine1Txt07420 EDINBOROUGH WAY
ReturnHeader/Filer/USAddress/CityNm0EDINA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055435
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId03A044EB337B26560C7AF727221456F40C8B48F07
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId03A044EB337B26560C7AF727221456F40C8B48F07
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId04163552017293xeynate
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02017-10-20
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.253.87.170
ReturnHeader/FilingSecurityInformation/IPDt02017-10-20
ReturnHeader/FilingSecurityInformation/IPTm013:58:20
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0274732245
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Steven Zelinsky CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04021 Vernon Ave S Ste 204
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0St Louis Park
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055416
ReturnHeader/PreparerPersonGrp/PhoneNum09522210077
ReturnHeader/PreparerPersonGrp/PreparationDt02017-10-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Steve Zelinsky CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-10-20T13:57:26-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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