Overview
What is National Association Of Surety Bond Producers Inc?
The National Association of Surety Bond Producers Inc, based in Bethesda, Maryland, is a nonprofit organization with a mission to enhance professionalism, expertise, and innovation in the surety industry worldwide. They achieve this by conducting various meetings throughout the year, inviting speakers to discuss matters of interest to the surety industry. The association's events include the annual convention and fall meetings, attracting a significant number of attendees, with over 850 in 2022. Additionally, they held two fall meetings in 2022, with approximately 500 surety professionals in attendance. The organization, which employs around 10 individuals, aims to advocate for the use of surety worldwide.
Official website here: www.nasbp.org
Is National Association Of Surety Bond Producers Inc legitimate?
National Association Of Surety Bond Producers Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Association Of Surety Bond Producers 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: $900,228
Professional Fundraising Fees: $0
Other Salaries and Wages: $884,170
For more financial information, click here
Official website here: www.nasbp.org
What is the mission statement of National Association Of Surety Bond Producers Inc?
The National Association of Surety Bond Producers Inc's mission is focused on enhancing the professionalism, expertise, and innovation within the surety industry on a global scale. They aim to promote the use of surety worldwide, achieving this through various activities. The association conducts meetings annually and fall meetings (east and west) to engage with industry professionals. In 2022, these events attracted approximately 500 and 850 attendees respectively, showcasing the association's influence and reach within the surety sector.
Official website here: www.nasbp.org
Who is the CEO of National Association Of Surety Bond Producers Inc?
Mark Mccallum is the President of National Association Of Surety Bond Producers Inc. The CEO's salary of National Association Of Surety Bond Producers Inc is $408,423 and their total compensation is $481,131.
Official website here: www.nasbp.org
What is the revenue of National Association Of Surety Bond Producers Inc?
National Association Of Surety Bond Producers Inc's revenue in 2022 was $4,001,560.
Official website here: www.nasbp.org
Who are the executives of National Association Of Surety Bond Producers Inc and what are their salaries?
The average compensation at National Association Of Surety Bond Producers Inc during 2022 was $178,440. There are 10 employees at National Association Of Surety Bond Producers Inc.
Here are 36 key members and their salaries (National Association Of Surety Bond Producers Inc's CEO's salary is $408,423 and their total compensation is $481,131):
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- Compensation: $408,423
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- Other: $49,254
Official website here: www.nasbp.org
Where can I find the form 990 for National Association Of Surety Bond Producers Inc?
National Association Of Surety Bond Producers Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nasbp.org
Learn more at the official website: www.nasbp.org
Mission Statement of National Association Of Surety Bond Producers Inc
The National Association of Surety Bond Producers Inc is committed to enhancing the proficiency, knowledge, and innovation within the surety sector, while advocating for its global application. Their mission is twofold: firstly, they strive to boost the professionalism and expertise within the surety industry, and secondly, they aim to promote the use of surety worldwide. To accomplish this, the association organizes meetings throughout the year, inviting speakers who discuss matters of significance to the surety industry. These events, including the annual convention and fall meetings, attract a substantial number of attendees, such as 850 participants at the 2022 annual meeting and approximately 500 surety professionals at the two fall meetings in the same year. The association's mission serves to elevate the surety industry, fostering growth and advocacy for its widespread application.
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Impact
October, 2024
The National Association of Surety Bond Producers Inc. plays a pivotal role in enhancing the professionalism, expertise, and innovation within the surety bond industry. By hosting meetings throughout the year, including significant annual conventions and regional gatherings, the organization facilitates invaluable networking opportunities for surety professionals. In 2022, these events attracted around 1,350 attendees, underscoring their importance in fostering collaboration and knowledge-sharing among industry stakeholders.
The association's focus on advocacy promotes the use of surety bonds on a global scale, contributing to a more robust understanding and acceptance of its benefits within the marketplace. Through engaging speakers and informative sessions, the organization addresses critical issues and trends affecting the surety industry, positioning itself as a leader in professional development and innovation. This collective effort not only bolsters the individual skills of its members but also enhances the overall integrity and trust in the surety bond process, thus positively impacting the broader community and industry landscape.
This information is meant to be a general summary of National Association Of Surety Bond Producers 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: $144,038
- Program Service Revenue: $3,695,725
- Gross Receipts: $5,089,350
Assets and Liabilities:
- Total Assets: $8,258,128
- Total Liabilities: $2,257,808
- Net Assets: $6,000,320
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,748,945
MEETING FEES
Revenue
$1,362,622
SEMINAR REGISTRATION FE
Revenue
$584,062
CAREER CENTER
Revenue
$96
Organization Details
Founding Year
1942
Phone
(240) 200-1270Principal Officer
Mark Mccallum
Main Address
7735 OLD GEORGETOWN ROAD 900, BETHESDA, MD, 20814
Website
www.nasbp.orgNTEE Category
Code: S41 - Community improvement
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