Overview
What is Insurance Premium Finance Association Inc?
The Insurance Premium Finance Association Inc is a nonprofit organization that caters to professionals in the insurance premium financing industry. As a membership trade organization, it offers support services to its members who extend financing solutions to insurance agency customers opting for premium financing. The association's primary mission is to foster a collaborative environment within the insurance premium financing sector, ensuring its members can provide reliable and efficient financing services to their clients.
Is Insurance Premium Finance Association Inc legitimate?
Insurance Premium Finance Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Insurance Premium Finance Association Inc submitted a form 990EZ, 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.
What is the mission statement of Insurance Premium Finance Association Inc?
The Insurance Premium Finance Association Inc serves as a supportive resource for its member organizations, which offer premium financing solutions to insurance agency customers. As a membership trade organization, it is comprised of professionals within the insurance premium financing sector. The primary mission of the Insurance Premium Finance Association Inc is to provide essential services to its members, ensuring they can effectively offer financing options to their clients. By doing so, the association contributes to making insurance premium payments more accessible for a wider range of customers. The Insurance Premium Finance Association Inc fosters a collaborative environment among its members, promoting best practices and industry standards within the premium financing industry.
Who is the CEO of Insurance Premium Finance Association Inc?
Ted Koeth is the President of Insurance Premium Finance Association Inc.
What is the revenue of Insurance Premium Finance Association Inc?
Insurance Premium Finance Association Inc's revenue in 2022 was $18,500.
Who are the executives of Insurance Premium Finance Association Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990EZ for Insurance Premium Finance Association Inc?
Insurance Premium Finance Association Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Insurance Premium Finance Association Inc
The Insurance Premium Finance Association Inc serves as a supportive network for its member organizations, which offer financing solutions to insurance agency clients who opt to finance their premium payments. This association, comprised of professionals in the insurance premium financing sector, provides essential services to its members, fostering growth and success within the industry. By offering resources and networking opportunities, the Insurance Premium Finance Association Inc plays a crucial role in strengthening the insurance premium financing industry as a whole.
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Impact
October, 2024
The Insurance Premium Finance Association Inc significantly influences the insurance premium financing landscape by providing crucial support services to its member organizations. Through its initiatives, the association facilitates financing solutions tailored for customers of insurance agencies who opt to finance their premiums. By acting as a hub for professionals in the insurance premium financing industry, it enhances collaboration, promotes best practices, and fosters innovation among its members.
This networking enhances access to resources and knowledge, contributing to the overall improvement of the industry. The association's focus on member support helps streamline processes, ensuring that insurance agencies can offer competitive financing options to their clients. Consequently, this not only benefits the member organizations but also the broader community by increasing accessibility to insurance products and encouraging overall economic stability. The emphasis on community improvement aligns with its mission to empower members and enhance their service capabilities in a vital segment of the financial services sector.
This information is meant to be a general summary of Insurance Premium Finance Association 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.
- Gross Receipts: $18,500
Assets and Liabilities:
- Total Assets: $81,136
- Total Liabilities: $0
- Net Assets: $81,136
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Organization Details
Phone
(716) 856-3065Principal Officer
Ted Koeth
Main Address
6450 TRANSIT ROAD, DEPEW, NY, 14043
NTEE Category
Code: S41 - Community improvement
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