EIN 39-1768861

National Business Institute (NBI)

IRS 501(c) type
501(c)(3)
Num. employees
111
Year formed
1995
Most recent tax filings
2023-12-01
Description
National Business Institute (NBI) has been providing legal education to attorneys, accountants, human resource and insurance professionals, real estate agents, teachers and all other corporate and legal professionals for over 20 years.
Also known as...
NBI Inc
Total revenues
$20,332,544
2023
Total expenses
$19,645,562
2023
Total assets
$31,421,252
2023
Num. employees
111
2023

Program areas at NBI

During 2023, Nbi, Inc. Presented approximately 1,550 education programs. These programs met the continuing education needs for lawyers, accountants and paraprofessionals, as well as providing legal content for other professionals including accountants, hospital/clinic administrators, teachers, school administrators, and financial planning professionals. The content for each program is designed and presented by qualified professionals, most of whom receive nominal compensation, if any. Registrants receive written materials prepared by the presenter in addition to training. The members recieve total discounts of $774,540 when attending learning/events.

Grants made by NBI

GranteeGrant descriptionAmount
Integrity TrustGeneral Support$1,200,000

Personnel at NBI

NameTitleCompensation
Margaret LarsenVice President
Jim EmbkePresident and Treasurer - Former$263,464
Joline TorkelsonOperations Manager$130,663
Brett MackMarketing Manager$124,241
Brandon SchroederIt Manager$124,463
...and 5 more key personnel

Financials for NBI

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$19,696,043
Investment income and dividends$500,977
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$130,110
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$5,414
Total revenues$20,332,544

Form 990s for NBI

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-20990View PDF
2022-122023-11-14990View PDF
2021-122022-11-15990View PDF
2020-122021-11-11990View PDF
2019-122021-03-31990View PDF
...and 10 more Form 990s
Data update history
June 14, 2024
Used new vendors
Identified 1 new vendor, including
June 14, 2024
Used new vendors
Identified 1 new vendor, including
January 15, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 15, 2024
Updated personnel
Identified 2 new personnel
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Employment organizationsSchoolsAdult education providersHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Management and technical assistanceTax deductible donationsAccepts online donations
General information
Address
1218 Mccann Dr
Altoona, WI 54720
Metro area
Eau Claire, WI
County
Eau Claire County, WI
Website URL
nbi-sems.com/pages/about-nbi 
Phone
(800) 930-6182
Facebook page
national-business-institute 
Twitter profile
@nbicle 
IRS details
EIN
39-1768861
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1995
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B60: Adult, Continuing Education
NAICS code, primary
611430: Professional and Management Development Training
Parent/child status
Central organization
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