Independent Insurance Agents & Brokers Of New York Inc

Big I New York

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

EIN: 150544434 ✦ Dewitt, NY ✦ Designated as a 501(c)(6)

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Overview

What is Independent Insurance Agents & Brokers Of New York Inc?

Independent Insurance Agents & Brokers of New York Inc, also known as BIG I New York, is a nonprofit organization based in DeWitt, New York. Their main objective is to protect and advance the interests of independent insurance agents by engaging with legislators, regulators, insurance companies, and the media. As a trade association, they promote and represent the common business interests of these agents, providing them with necessary resources to excel in their field. Their mission is to support and empower independent insurance agents, ensuring they remain at the forefront of their profession. With a team of 32 employees, BIG I New York works tirelessly to create suitable public policy and carrier actions to benefit its members.


Official website here: www.biginy.org

What do the Facebook reviews say about Independent Insurance Agents & Brokers Of New York Inc?

100% of the 5 reviews on Facebook recommend the Independent Insurance Agents & Brokers of New York Inc. Here is a summary of their reviews:

Members express strong satisfaction with the organization's role as a resource and advocate within the insurance industry. One reviewer highlighted the organization's responsiveness and expertise, particularly in handling unique certificate inquiries, which significantly helped them navigate a specific issue.

Overall, the sentiment is overwhelmingly positive, with members appreciating the support and direction provided by the nonprofit in addressing their professional needs. This suggests that the organization effectively fulfills its mission to assist its members in the insurance sector.


This AI summary has been generated from reviews found on Facebook.

Is Independent Insurance Agents & Brokers Of New York Inc legitimate?

Independent Insurance Agents & Brokers Of New York Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Independent Insurance Agents & Brokers Of New York 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: $208,892
Professional Fundraising Fees: $0
Other Salaries and Wages: $841,898

For more financial information, click here


Official website here: www.biginy.org

What is the mission statement of Independent Insurance Agents & Brokers Of New York Inc?

Independent Insurance Agents & Brokers of New York Inc's mission is to support and advocate for the interests of independent insurance agents. Their objective is to empower these agents to excel in their roles. The organization serves as a resource hub, providing the necessary tools for agents to perform at their best. In their mission, they engage with legislators, regulators, insurance companies, and the media, informing them about issues crucial to independent agents. They aim to shape suitable public policy and carrier actions that advance these interests.


Official website here: www.biginy.org

Who is the CEO of Independent Insurance Agents & Brokers Of New York Inc?

Lisa Lounsbury is the Director - Left In 2021 of Independent Insurance Agents & Brokers Of New York Inc. The CEO's salary of Independent Insurance Agents & Brokers Of New York Inc is $0 and their total compensation is $85,000.


Official website here: www.biginy.org

What is the revenue of Independent Insurance Agents & Brokers Of New York Inc?

Independent Insurance Agents & Brokers Of New York Inc's revenue in 2022 was $2,782,783.


Official website here: www.biginy.org

Who are the executives of Independent Insurance Agents & Brokers Of New York Inc and what are their salaries?

The average compensation at Independent Insurance Agents & Brokers Of New York Inc during 2022 was $32,837. There are 32 employees and 15 volunteers at Independent Insurance Agents & Brokers Of New York Inc.


Here are 23 key members and their salaries (Independent Insurance Agents & Brokers Of New York Inc's CEO's salary is $0 and their total compensation is $85,000):


Victor Rutecki (Director - Left In 2021)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Brunnel (Chair Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Masterpole (Vice Chair & Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Maclachlan (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Tompkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Bastian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marianne Mccormick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Bodenstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Zogby (National Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Cofini (Past President - Left In 2021)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Pooser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David H Borg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Gonyo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Hoffman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Benz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Walsh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Lounsbury (President/Ceo)
  • Compensation: $162,137
  • Related: $162,137
  • Other: $27,840
Scott Hobson (Avp Government Relations)
  • Compensation: $101,943
  • Related: $17,990
  • Other: $23,515
Lisa Nurnberger (Director Of Finance - Star)
  • Compensation: $40,889
  • Related: $49,976
  • Other: $8,822
Kathy Lawler (Avp Communities & Relation)
  • Compensation: $70,884
  • Related: $47,255
  • Other: $10,141
Brian Bixby (President Of Iaac)
  • Compensation: $22,679
  • Related: $128,522
  • Other: $26,487
Richard Poppa (Former President/Ceo)
  • Compensation: $0
  • Related: $85,000
  • Other: $0


Official website here: www.biginy.org

Where can I find the form 990 for Independent Insurance Agents & Brokers Of New York Inc?

Independent Insurance Agents & Brokers Of New York Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.biginy.org

Learn more at the official website: www.biginy.org

Mission Statement of Independent Insurance Agents & Brokers Of New York Inc

Independent Insurance Agents & Brokers of New York Inc is dedicated to upholding the interests of independent insurance agents and brokers. Their mission, in essence, is to empower these agents to excel in their roles by providing them with the necessary resources and advocacy. The organization actively works with legislators, regulators, insurance companies, and the media to promote policies and actions that benefit independent agents. By doing so, Independent Insurance Agents & Brokers of New York Inc aims to create a favorable environment for its members, enabling them to thrive in their professional endeavors.

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Impact




October, 2024

Independent Insurance Agents & Brokers of New York Inc. plays a crucial role in the insurance landscape by advocating for the interests of independent insurance agents across the state. By engaging with legislators, regulators, insurance companies, and the media, they ensure that the unique concerns of independent agents are recognized and addressed. This advocacy fosters a more favorable regulatory environment and promotes policies that benefit their members.

Moreover, the organization provides vital resources aimed at enhancing the operational capabilities of independent agents. This support not only helps agents navigate the complexities of the insurance market but also empowers them to serve their clients more effectively. By championing the needs of independent insurance agents, the organization contributes to the overall stability and growth of the insurance industry in New York, promoting a competitive marketplace that ultimately benefits consumers.

In essence, the Independent Insurance Agents & Brokers of New York Inc. is a pivotal entity that strengthens the independent insurance sector, ensuring agents can thrive while improving the community and the broader insurance ecosystem.




This information is meant to be a general summary of Independent Insurance Agents & Brokers Of New York 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.

Revenue
$2,782,783 (2022)
Expenses
$2,502,146 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $287,980
  • Program Service Revenue: $1,907,001
  • Gross Receipts: $3,309,723

Assets and Liabilities:

  • Total Assets: $3,676,015
  • Total Liabilities: $1,127,671
  • Net Assets: $2,548,344

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Programs

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

MEMBERSHIP DUES

Revenue

$1,209,544

EDUCATION PROGRAMS

Revenue

$697,457

Organization Details

Founding Year

1920

Principal Officer

Lisa Lounsbury

Main Address

5784 WIDEWATERS PKWY 1ST FLOOR, DEWITT, NY, 13214

NTEE Category

Code: S41 - Community improvement

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