Independent Insurance Agents Of Rhode Island

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

EIN: 056010265 ✦ Warwick, RI ✦ Designated as a 501(c)(6)

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Overview

What is Independent Insurance Agents Of Rhode Island?

Independent Insurance Agents of Rhode Island is a nonprofit organization situated in Warwick, Rhode Island. Its primary goal is to strengthen the competitive edge and cater to the business, professional, and educational needs of its around 125 member insurance agencies. The organization achieves this through various educational programs and services. By doing so, it ensures that its members maintain professional competence and stay updated with the continuous shifts and trends within the insurance industry.


Official website here: www.iiari.com

Is Independent Insurance Agents Of Rhode Island legitimate?

Independent Insurance Agents Of Rhode Island is a legitimate nonprofit organization registered as a 501(c)(6) entity. Independent Insurance Agents Of Rhode Island 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.iiari.com

What is the mission statement of Independent Insurance Agents Of Rhode Island?

The Independent Insurance Agents of Rhode Island has a mission to enhance the competitive position and cater to the business, professional, and educational needs of its independent insurance agency members. They achieve this through significant activities, including providing educational programs and services that promote professional competence. These initiatives help keep member agencies and their associates informed about the continuous changes and trends within the insurance industry.


Official website here: www.iiari.com

Who is the CEO of Independent Insurance Agents Of Rhode Island?

Mark A Male is the Exec Vp/Trea of Independent Insurance Agents Of Rhode Island.


Official website here: www.iiari.com

What is the revenue of Independent Insurance Agents Of Rhode Island?

Independent Insurance Agents Of Rhode Island's revenue in 2023 was $708,523.


Official website here: www.iiari.com

Who are the executives of Independent Insurance Agents Of Rhode Island and what are their salaries?


Here are 11 key members and their salaries:


Mark A Male (Exec Vp/Trea)
  • Compensation: $0
  • Related: $183,027
  • Other: $24,735
Christopher Caluori (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Edge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Lathrop (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Longolucco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Slocum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean P Daly (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas J Disanto (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Bucci Jr (Imm Past Pre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Mayhew (National Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Paiva (President El)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.iiari.com

Where can I find the form 990 for Independent Insurance Agents Of Rhode Island?

Independent Insurance Agents Of Rhode Island's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.iiari.com

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

Mission Statement of Independent Insurance Agents Of Rhode Island

The Independent Insurance Agents of Rhode Island, as an organization, is dedicated to enhancing the competitive position and satisfying the business, professional, and educational needs of its independent insurance agency members. Significant activities undertaken by the association include offering educational programs and services designed to promote professional competence and keep member agencies and their associates informed about ongoing changes and trends within the insurance industry. By doing so, the Independent Insurance Agents of Rhode Island aims to keep its members at the forefront of the ever-evolving insurance landscape, ensuring they remain competitive and well-equipped to serve their clients effectively.

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Impact




October, 2024

Independent Insurance Agents of Rhode Island plays a crucial role in strengthening the competitive landscape for independent insurance agencies in the state. By providing membership services to approximately 125 agencies, the organization enhances their professional capacity and operational effectiveness.

Through a range of educational programs and services, it ensures that member agencies remain informed about the latest trends and changes in the insurance industry. This commitment to professional development not only helps agencies improve their competence but also fosters a community of shared knowledge and best practices among members.

As a result, the organization significantly contributes to enhancing the overall quality of service provided by independent agents, ultimately benefiting consumers by promoting informed decision-making and high standards within the insurance sector in Rhode Island.




This information is meant to be a general summary of Independent Insurance Agents Of Rhode Island. 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
$708,523 (2023)
Expenses
$698,971 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $37,103
  • Program Service Revenue: $451,327
  • Gross Receipts: $1,486,723

Assets and Liabilities:

  • Total Assets: $2,396,366
  • Total Liabilities: $145,900
  • Net Assets: $2,250,466

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Programs

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

CONVENTION, MEETINGS, OUTINGS

Revenue

$154,314

MEMBERSHIP DUES

Revenue

$132,531

ED- SEMINARS & MINICOURSES

Revenue

$101,020

IIABA REVENUE SHARING

Revenue

$49,015

MEMBERSHIP SERVICES

Revenue

$14,447

Organization Details

Founding Year

1948

Principal Officer

Mark A Male

Main Address

2400 POST ROAD, WARWICK, RI, 02886

NTEE Category

Code: Y20 - Mutual benefit

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