Overview
What is Massachusetts Association Of Insurance Agents Inc?
Massachusetts Association of Insurance Agents Inc., situated in Milford, Massachusetts, is a nonprofit organization with a mission to strengthen and elevate the independent insurance agency system. They achieve this goal through unwavering advocacy, high-quality education, valuable insights, and advice, market access, and essential products. The organization, with 19 employees, actively promotes sound principles, fair competition, and ethical practices within the insurance agency sector. Their primary activities involve promoting industry-government relations and supporting the insurance agency system.
Official website here: www.massagent.com
What do the Facebook reviews say about Massachusetts Association Of Insurance Agents Inc?
96% of 17 reviewers on Facebook recommend the Massachusetts Association of Insurance Agents Inc. Here is a summary of their reviews:
Overall, the feedback highlights a strong appreciation for the organization as a valuable resource for insurance agents in Massachusetts. Many users express gratitude for the support and guidance provided, indicating that the nonprofit effectively addresses the needs of its constituency.
The sentiment is overwhelmingly positive, reflecting a consensus that the Massachusetts Association of Insurance Agents delivers on its mission to assist agents in their professional development. Reviewers feel well-supported and informed, which bodes well for the organization’s reputation in the industry.
This AI summary has been generated from reviews found on Facebook.
Is Massachusetts Association Of Insurance Agents Inc legitimate?
Massachusetts Association Of Insurance Agents Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Massachusetts Association Of Insurance Agents 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $482,861
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,103,927
For more financial information, click here
Official website here: www.massagent.com
What is the mission statement of Massachusetts Association Of Insurance Agents Inc?
The Massachusetts Association of Insurance Agents Inc. is committed to bolstering and enhancing the independent insurance agency system. They achieve this through unwavering advocacy and promotion, delivering high-quality education, valuable insights, and advice. Market access and essential products are also essential components of their mission. The organization actively works to promote industry and government relations, and supports principles of fair competition and ethical practices within the insurance agency.
Official website here: www.massagent.com
Who is the CEO of Massachusetts Association Of Insurance Agents Inc?
Nicholas A Fyntrilakis is the President & Ceo of Massachusetts Association Of Insurance Agents Inc. The CEO's salary of Massachusetts Association Of Insurance Agents Inc is $445,537 and their total compensation is $482,861.
Official website here: www.massagent.com
What is the revenue of Massachusetts Association Of Insurance Agents Inc?
Massachusetts Association Of Insurance Agents Inc's revenue in 2022 was $5,045,215.
Official website here: www.massagent.com
Who are the executives of Massachusetts Association Of Insurance Agents Inc and what are their salaries?
The average compensation at Massachusetts Association Of Insurance Agents Inc during 2022 was $83,515. There are 19 employees and 27 volunteers at Massachusetts Association Of Insurance Agents Inc.
Here are 28 key members and their salaries (Massachusetts Association Of Insurance Agents Inc's CEO's salary is $445,537 and their total compensation is $482,861):
- Compensation: $445,537
- Related: $0
- Other: $37,324
- Compensation: $212,189
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- Other: $14,778
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- Related: $165,600
- Other: $10,176
- Compensation: $147,064
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- Other: $26,501
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- Related: $100,650
- Other: $21,796
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Official website here: www.massagent.com
Where can I find the form 990 for Massachusetts Association Of Insurance Agents Inc?
Massachusetts Association Of Insurance Agents Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.massagent.com
Learn more at the official website: www.massagent.com
Mission Statement of Massachusetts Association Of Insurance Agents Inc
Massachusetts Association of Insurance Agents Inc is committed to reinforcing and elevating the independent insurance agency system. They achieve this through unwavering advocacy and promotion, delivering high-quality education, insightful information, and valuable advice. Additionally, they provide market access and essential products to strengthen this system. Their mission is to advocate for the independent insurance agencies, upholding sound principles, fair competition, and ethical practices within the industry. They strive to support and promote the agencies, ensuring a robust and sustainable system.
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Impact
October, 2024
The Massachusetts Association of Insurance Agents Inc significantly impacts the independent insurance landscape by advocating for the interests of its members and the industry as a whole. Through unwavering advocacy and promotion, it strengthens the voice of independent agencies, ensuring they have a platform for dialogue and influence in regulatory matters.
The association prioritizes providing quality education, which enhances the expertise and professionalism of its members. By offering valuable insights and advice, it equips agencies with the knowledge necessary to navigate the complexities of the insurance market effectively.
Furthermore, MAIA assists its members in gaining market access and essential products, enabling them to serve their clients better and compete effectively in a dynamic environment. Its commitment to sound principles, fair competition, and ethical practices fosters a healthier insurance marketplace, benefiting not only agents but also the consumers they serve.
Overall, MAIA plays a crucial role in promoting industry and government relations, ultimately elevating the standards of the independent insurance agency system in Massachusetts.
This information is meant to be a general summary of Massachusetts Association Of Insurance Agents 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 2022.
- Investment Income: $93,213
- Program Service Revenue: $3,764,423
- Gross Receipts: $5,368,003
Assets and Liabilities:
- Total Assets: $14,213,451
- Total Liabilities: $1,018,817
- Net Assets: $13,194,634
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION PROGRAMS
Revenue
$1,522,900
CONSUMER ADVERTISING CAMPAIGN
Revenue
$717,333
MEMBERSHIP DUES
Revenue
$687,531
CONVENTION INCOME
Revenue
$528,709
ASSOCIATION PRODUCTS
Revenue
$307,950
Organization Details
Founding Year
1992
Phone
(508) 634-2900Principal Officer
Nicholas A Fyntrilakis
Main Address
91 CEDAR STREET, MILFORD, MA, 01757
Website
www.massagent.comIf you are a representative of Massachusetts Association Of Insurance Agents Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.