Overview
What is Independent Insurance Agents And Brokers Of America?
Independent Insurance Agents and Brokers of America is a nonprofit organization based in Alexandria, Virginia, with an address at 127 South Peyton Street, ZIP code 22314. Their primary mission is to provide educational programs for industry members, addressing current business topics relevant to independent insurance agents. They promote the independent insurance agency system and represent the common business interests of independent insurance agents and brokers within the industry and before government and the public. Their efforts aim to give members a sustainable competitive advantage, with a workforce of 94 employees.
Official website here: www.independentagent.com
What are the reviews and ratings of this charity?
The Independent Insurance Agents and Brokers of America Inc. is not currently rated by Charity Navigator. This lack of a rating is due to the organization's status as a non-501(c)(3) entity, which means it does not fall under Charity Navigator's criteria for evaluation. Consequently, details regarding their revenue, expenses, and key personnel salaries are also unavailable.
The absence of a rating does not imply a negative or positive evaluation; it simply indicates that the organization has not been assessed using Charity Navigator’s standard methodologies. Historically, their ratings primarily reflected aspects similar to today's Accountability and Finance measures but did not cover modern elements such as Leadership & Adaptability or Culture & Community.
Without available user reviews on GreatNonprofits, there is little public feedback to gauge community perception or direct user experience with this organization. This data absence leaves potential donors and interested parties with minimal third-party insights into the organization's operations or impacts.
This AI summary has been generated from information found on Charity Navigator.
Is Independent Insurance Agents And Brokers Of America legitimate?
Independent Insurance Agents And Brokers Of America is a legitimate nonprofit organization registered as a 501(c)(6) entity. Independent Insurance Agents And Brokers Of America 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: $2,583,450
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,551,690
For more financial information, click here
Official website here: www.independentagent.com
What is the mission statement of Independent Insurance Agents And Brokers Of America?
Independent Insurance Agents and Brokers of America aim to provide their members with a sustainable competitive advantage in the industry. They represent the common business interests of independent insurance agents and brokers before government and the public. To achieve this, they offer educational programs addressing current industry topics relevant to independent insurance agents. The organization promotes the independent insurance agency system through various means including advertising, webinars, and publications.
Official website here: www.independentagent.com
Who is the CEO of Independent Insurance Agents And Brokers Of America?
Robert A Rusbuldt is the CEO of Independent Insurance Agents And Brokers Of America The CEO's salary of Independent Insurance Agents And Brokers Of America is $1,074,615 and their total compensation is $1,756,134.
Official website here: www.independentagent.com
What is the revenue of Independent Insurance Agents And Brokers Of America?
Independent Insurance Agents And Brokers Of America's revenue in 2023 was $11,907,811.
Official website here: www.independentagent.com
Who are the executives of Independent Insurance Agents And Brokers Of America and what are their salaries?
The average compensation at Independent Insurance Agents And Brokers Of America during 2023 was $60,744. There are 101 employees and 100 volunteers at Independent Insurance Agents And Brokers Of America.
Here are 63 key members and their salaries (Independent Insurance Agents And Brokers Of America's CEO's salary is $1,074,615 and their total compensation is $1,756,134):
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- Compensation: $1,074,615
- Related: $632,704
- Other: $48,815
- Compensation: $178,871
- Related: $227,654
- Other: $56,378
- Compensation: $109,013
- Related: $176,093
- Other: $44,795
- Compensation: $695,045
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- Other: $56,378
- Compensation: $20,629
- Related: $391,948
- Other: $47,263
- Compensation: $208,323
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- Other: $46,965
- Compensation: $83,186
- Related: $103,983
- Other: $45,655
- Compensation: $78,374
- Related: $117,561
- Other: $18,613
- Compensation: $167,941
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- Other: $41,426
- Compensation: $174,571
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- Other: $27,105
Official website here: www.independentagent.com
Where can I find the form 990 for Independent Insurance Agents And Brokers Of America?
Independent Insurance Agents And Brokers Of America's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.independentagent.com
Learn more at the official website: www.independentagent.com
Mission Statement of Independent Insurance Agents And Brokers Of America
Independent Insurance Agents and Brokers of America, commonly known as IIABA, is an influential organization with a mission to empower its members and advocate for the common business interests of independent insurance agents and brokers within the industry and before the public and government.
The organization's primary objective is to provide members with a sustainable competitive advantage by offering educational programs addressing current business topics relevant to the independent insurance agency system. IIABA's efforts extend beyond its members, as it promotes the independent insurance agency system to the wider community through various means, including advertising, webinars, and publications.
IIABA's commitment to its members goes beyond education and promotion. The organization represents the collective business interests of independent insurance agents and brokers, advocating on their behalf before government and the public. By working together, the members of IIABA are able to maintain their independence and competitiveness in the industry.
In summary, IIABA is an essential resource for independent insurance agents and brokers, offering education, promotion, and advocacy to help its members maintain a sustainable competitive advantage. The organization's mission is to provide members with the tools and support they need to thrive in the industry and make a difference for their clients. Through its various initiatives, IIABA continues to champion the independent insurance agency system and the vital role it plays in the lives of individuals and businesses.
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Impact
October, 2024
Independent Insurance Agents and Brokers of America significantly influences the insurance landscape by equipping members with the tools and knowledge needed to thrive in a competitive market. Through educational programs, it addresses current business topics essential for independent insurance agents, enhancing their industry knowledge and operational efficiency.
The organization actively promotes the independent insurance agency system through various channels, including advertising, webinars, and publications, reinforcing its importance in the broader insurance industry. By representing the common business interests of its members before government entities and the public, it advocates for policies that benefit independent agents and brokers, ensuring their voices are heard in legislative discussions.
Overall, its impact is felt through the empowerment of independent agents and brokers, fostering community improvement and enhancing the stability and growth of the insurance sector.
This information is meant to be a general summary of Independent Insurance Agents And Brokers Of America. 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 2023.
- Investment Income: $313,220
- Program Service Revenue: $10,310,640
- Gross Receipts: $13,289,241
Assets and Liabilities:
- Total Assets: $28,596,666
- Total Liabilities: $2,964,226
- Net Assets: $25,632,440
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER DUES
Revenue
$5,662,579
MANAGEMENT FEES
Revenue
$2,870,518
SPONSORSHIP REVENUE
Revenue
$1,587,688
PRODUCT SALES
Revenue
$189,855
Organization Details
Founding Year
1896
Principal Officer
Charles E Symington Jr
Website
www.independentagent.comNTEE Category
Code: S41 - Community improvement
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