Overview
What is American Property Casualty Insurance Association?
The American Property Casualty Insurance Association (APCIA) is a nonprofit organization headquartered in Chicago, Illinois. With a team of 140 employees, APCIA serves as a platform where the property casualty insurance industry comes together to exchange knowledge and discuss common challenges. Their primary objective is to ensure the viability of a competitive private insurance market, benefiting both consumers and insurers. They achieve this by hosting meetings, seminars, and forums to promote competition and tackle industry issues collectively.
Official website here: www.apci.org
Is American Property Casualty Insurance Association legitimate?
American Property Casualty Insurance Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. American Property Casualty Insurance Association 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: $8,251,326
Professional Fundraising Fees: $130,000
Other Salaries and Wages: $17,883,776
For more financial information, click here
Official website here: www.apci.org
What is the mission statement of American Property Casualty Insurance Association?
The American Property Casualty Insurance Association (APCIA) works towards promoting and safeguarding the viability of a thriving private insurance market. This mission benefits both consumers and insurers. APCIA facilitates meetings and seminars to disseminate information and foster healthy competition within the property casualty industry. These events provide a platform for industry professionals to discuss and find solutions to common challenges. By doing so, APCIA plays a crucial role in maintaining a robust and competitive insurance market.
Official website here: www.apci.org
Who is the CEO of American Property Casualty Insurance Association?
Unavailable The CEO's salary of American Property Casualty Insurance Association is $1,501,280 and their total compensation is $1,569,406.
Official website here: www.apci.org
What is the revenue of American Property Casualty Insurance Association?
American Property Casualty Insurance Association's revenue in 2022 was $62,070,761.
Official website here: www.apci.org
Who are the executives of American Property Casualty Insurance Association and what are their salaries?
The average compensation at American Property Casualty Insurance Association during 2022 was $186,679. There are 140 employees and 65 volunteers at American Property Casualty Insurance Association.
Here are 81 key members and their salaries (American Property Casualty Insurance Association's CEO's salary is $1,501,280 and their total compensation is $1,569,406):
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- Compensation: $363,534
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Official website here: www.apci.org
Where can I find the form 990 for American Property Casualty Insurance Association?
American Property Casualty Insurance Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.apci.org
Learn more at the official website: www.apci.org
Mission Statement of American Property Casualty Insurance Association
The American Property Casualty Insurance Association (APCIA) is a dynamic organization that champions and safeguards the viability of a robust private insurance market. By doing so, APCIA serves the interests of both consumers and insurers. The association achieves this through various means, primarily by hosting meetings and seminars that foster competition within the property casualty industry. These events not only promote healthy competition but also serve as a platform for industry professionals to discuss and find solutions to common challenges.
APCIA's mission extends beyond mere promotion; it also protects the competitive private insurance market. By advocating for industry-friendly policies and regulations, APCIA ensures a thriving insurance sector that benefits all stakeholders. The association's commitment to its cause is unwavering, and its efforts have significantly contributed to the overall strength and stability of the property casualty insurance industry.
In summary, the American Property Casualty Insurance Association is an influential organization that champions the competitiveness and viability of the private insurance market. Through its meetings, seminars, and advocacy efforts, APCIA serves the interests of consumers and insurers alike, fostering a dynamic and thriving industry.
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Impact
October, 2024
The American Property Casualty Insurance Association (APCIA) plays a crucial role in promoting and protecting a competitive private insurance market, which ultimately benefits both consumers and insurers. By organizing meetings and seminars, APCIA provides valuable information and resources to the insurance industry. This infrastructure fosters competition within the property casualty sector and creates a forum for discussing, studying, and addressing common challenges faced by the industry.
The association's activities help facilitate innovation and improvement within the insurance marketplace while enhancing consumer confidence in the services provided. By advocating for policies that support competition and addressing issues proactively, APCIA contributes to a healthier, more responsive insurance market that strives to meet the needs of its members and the consumers they serve.
This information is meant to be a general summary of American Property Casualty Insurance Association. 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: $2,456,919
- Program Service Revenue: $59,511,665
- Gross Receipts: $62,070,761
Assets and Liabilities:
- Total Assets: $156,977,630
- Total Liabilities: $46,160,830
- Net Assets: $110,816,800
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$54,850,082
REGISTRATION FEES-MEETINGS
Revenue
$1,740,758
SPONSORSHIP FEES-MEETINGS
Revenue
$1,824,906
HOTEL COMMISSIONS
Revenue
$104,535
OTHER AFFILIATES REVENUE
Revenue
$991,384
Organization Details
Founding Year
2004
Phone
(847) 297-7800Main Address
8700 WEST BRYN MAWR 1200S, CHICAGO, IL, 606313512
Website
www.apci.orgNTEE Category
Code: S41 - Community improvement
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