Maine Insurance Agents Association

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

EIN: 010219810 ✦ Hallowell, ME ✦ Designated as a 501(c)(6)

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Overview

What is Maine Insurance Agents Association?

The Maine Insurance Agents Association, situated in Hallowell, Maine, serves as a platform for independent insurance agents. Their primary mission is to represent, support, and advocate for these agents, fostering their growth and success within the industry. They accomplish this through various educational events, such as meetings, conventions, and seminars. These gatherings offer valuable opportunities for members to expand their knowledge, network, and stay updated on industry developments. The association, with a team of four dedicated individuals, is actively committed to promoting the interests of independent insurance agents in Maine.


Official website here: www.maineagents.com

Is Maine Insurance Agents Association legitimate?

Maine Insurance Agents Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Maine Insurance Agents Association 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $149,051
Professional Fundraising Fees: $0
Other Salaries and Wages: $195,622

For more financial information, click here


Official website here: www.maineagents.com

What is the mission statement of Maine Insurance Agents Association?

The Maine Insurance Agents Association's mission is centered around representing, supporting, and promoting independent insurance agents. Their primary objective is to foster a supportive environment for these agents, ensuring their interests are well-represented. To achieve this, the association organizes educational meetings, conventions, and seminars for its members, aiming to provide them with valuable resources and knowledge.


Official website here: www.maineagents.com

Who is the CEO of Maine Insurance Agents Association?

Lisa Veregge is the President/Ceo of Maine Insurance Agents Association. The CEO's salary of Maine Insurance Agents Association is $134,462 and their total compensation is $146,997.


Official website here: www.maineagents.com

What is the revenue of Maine Insurance Agents Association?

Maine Insurance Agents Association's revenue in 2022 was $941,041.


Official website here: www.maineagents.com

Who are the executives of Maine Insurance Agents Association and what are their salaries?

The average compensation at Maine Insurance Agents Association during 2022 was $86,168. There are 4 employees and 15 volunteers at Maine Insurance Agents Association.


Here are 16 key members and their salaries (Maine Insurance Agents Association's CEO's salary is $134,462 and their total compensation is $146,997):


Lisa Veregge (President/Ceo)
  • Compensation: $134,462
  • Related: $0
  • Other: $12,535
Laurie J Billings Acsr (Immediate Past Chairwoman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Fisher (Chairwoman- Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Rosborough (Vice Chairwoman)
  • Compensation: $0
  • Related: $0
  • Other: $0
G Jeff Shaw Cic (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danielle Marquis (Pia National Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken White (Iiaba State National Direc)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Bailey Aai (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Bearor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Bilodeau Cpcu Cic (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Clavette Cic (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Johansen Cic (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Maguire Cic (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Noel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Stokes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.maineagents.com

Where can I find the form 990 for Maine Insurance Agents Association?

Maine Insurance Agents Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.maineagents.com

Learn more at the official website: www.maineagents.com

Mission Statement of Maine Insurance Agents Association

The Maine Insurance Agents Association, as a nonprofit organization, is committed to representing, supporting, and promoting independent insurance agents. This mission is at the heart of their operations, aiming to elevate the role and significance of these agents in the insurance industry. To achieve this, the association provides educational opportunities through various meetings, conventions, and seminars specifically designed for its members. By doing so, they contribute to the professional development and growth of these agents, ensuring they remain at the forefront of the insurance sector.

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Impact




October, 2024

The Maine Insurance Agents Association significantly impacts the insurance landscape by representing, supporting, and promoting independent insurance agents across the state. Through educational meetings, conventions, and seminars, the association equips its members with the knowledge and resources necessary to thrive in a competitive industry. By fostering a strong community among agents, it enhances collaborative practices and advocacy efforts that ultimately benefit consumers. The association plays a vital role in ensuring that independent agents can effectively meet the diverse needs of their clients while navigating the complexities of the insurance market.




This information is meant to be a general summary of Maine Insurance Agents 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
$941,041 (2022)
Expenses
$883,165 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $174,095
  • Program Service Revenue: $445,984
  • Gross Receipts: $968,910

Assets and Liabilities:

  • Total Assets: $944,580
  • Total Liabilities: $82,970
  • Net Assets: $861,610

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONVENTIONS, MEETINGS

Revenue

$211,791

MEMBERSHIP DUES

Revenue

$152,127

EDUCATIONAL SERVICES

Revenue

$80,583

MISC. PROGRAM SERVICE

Revenue

$1,483

Organization Details

Founding Year

1899

Principal Officer

Lisa Veregge

Main Address

17 CARRIAGE LANE, HALLOWELL, ME, 04347

NTEE Category

Code: S41 - Community improvement

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