Fargo, ND
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Professional Insurance Agents of ND Inc, founded in 1986, is a small nonprofit in the Community Improvement sector that reported $560K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $516K left a modest 8% surplus.
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The Organization provided educational conferences and seminars to member and non-member insurance agents with respect to emerging issues in the insurance industry. 967 agents attended 53 events.
An annual convention is held to allow members to meet and discuss topics important to the insurance industry and to review prior year's activities. The 2024 convention was held May 6-7, 2024 at the...
An annual convention is held to allow members to meet and discuss topics important to the insurance industry and to review prior year's activities. The 2024 convention was held May 6-7, 2024 at the Bismarck Hotel & Conference Center in Bismarck with 222 attendees.
The Organization provides a newsletter to members which provides educational information and current developments within the insurance industry. Approximately 1,500 members were served.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $559,682 | $497,585 | +0.1% |
| Expenses | $516,336 | $507,680 | +0.0% |
| Net Income | $43,346 | $-10,095 | -5.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Steve Becher | Executive Director | 40.00 |
Officer
|
$176,000 | $21,483 | $197,483 |
| Jeff Mostad | Past President (Jan-May) | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Dean Mastel President Jan-May | Past Pres (June-Dec) | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Shane Larck Pres-Elect Jan-May | President (June-Dec) | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Kalli Black Director Jan-May | Vice President (June-Dec) | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Joe Belo Vice Pres Jan-May | Pres Elect (June-Dec) | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Lu Haugen | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Brandon Turnbow | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Dan VanEngelenhoven | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Brian Halvorson | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Dan Farstveet | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Jill Bock | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Brody Hjelmstad | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Pat Thomas | Director (Jan-May) | 0.50 |
Director
|
$0 | $0 | $0 |
| Jonni Kramlich | Director (June-Dec) | 0.50 |
Director
|
$0 | $0 | $0 |
| Kurt Weninger | Director (June-Dec) | 0.50 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $559,682 | $516,336 | $955,766 | $43,346 |
| 2023 | $497,585 | $507,680 | $912,411 | $-10,095 |
| 2022 | $515,843 | $474,789 | $919,913 | $41,054 |
| 2021 | $447,914 | $455,862 | $895,947 | $-7,948 |
| 2020 | $469,523 | $400,182 | $904,024 | $69,341 |
| 2019 | $478,101 | $467,826 | $829,204 | $10,275 |
| 2018 | $467,403 | $454,198 | $811,551 | $13,205 |
Compare Professional Insurance Agents of ND Inc with other nonprofits in North Dakota and across the country.