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Insurance Federation Of North Carolina

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

EIN: 201715550 ✦ Raleigh, NC ✦ Designated as a 501(c)(6)

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Overview

What is Insurance Federation Of North Carolina?

The Insurance Federation of North Carolina (IFNC) is a prominent nonprofit organization situated in Raleigh, North Carolina. With a primary focus on the property/casualty insurance industry, IFNC serves as an influential voice in regulatory and legislative matters within the state. It maintains robust relationships with legislators and public officials, keeping them informed about issues that impact its member companies and often the public at large. Beyond advocacy, IFNC also works diligently to promote consumer awareness regarding property and casualty insurance-related matters, ensuring that the general public stays informed on these critical topics.


Official website here: www.insurancefederationnc.com

Is Insurance Federation Of North Carolina legitimate?

Insurance Federation Of North Carolina is a legitimate nonprofit organization registered as a 501(c)(6) entity. Insurance Federation Of North Carolina 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.insurancefederationnc.com

What is the mission statement of Insurance Federation Of North Carolina?

The Insurance Federation of North Carolina serves as a representative for the property and casualty insurance industry, advocating for their interests in regulatory and legislative matters. In addition to this, the organization works towards promoting consumer awareness on issues related to property and casualty insurance. The purpose of the Insurance Federation of North Carolina is achieved through government relations and public affairs activities, allowing them to keep lawmakers informed about issues affecting their members and often the public at large. Their strong relationships enable them to effectively represent the industry and address concerns related to insurance policies and regulations.


Official website here: www.insurancefederationnc.com

Who is the CEO of Insurance Federation Of North Carolina?

John Miletti is the Chair of Insurance Federation Of North Carolina.


Official website here: www.insurancefederationnc.com

What is the revenue of Insurance Federation Of North Carolina?

Insurance Federation Of North Carolina's revenue in 2022 was $195,236.


Official website here: www.insurancefederationnc.com

Who are the executives of Insurance Federation Of North Carolina and what are their salaries?


Here are 13 key members and their salaries:


John Miletti Travelers (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracey Gentry Harney Usaa (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Mcgee Progressive (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Waugh Jr Nationwide (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Boge State Farm (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Golick Allstate (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Termini Geico (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Damien Josefiak Erie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Lynch Liberty Mutual (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Musser Auto Owners (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Yarrish Penn National (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Chapman Farmers Insurance (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Connors Amica (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.insurancefederationnc.com

Where can I find the form 990 for Insurance Federation Of North Carolina?

Insurance Federation Of North Carolina's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.insurancefederationnc.com

Learn more at the official website: www.insurancefederationnc.com

Mission Statement of Insurance Federation Of North Carolina

The Insurance Federation of North Carolina, often referred to as IFNC, serves as the voice of the property and casualty insurance industry in North Carolina. Its mission is multifaceted, aiming to influence regulatory and legislative issues affecting the industry, while also promoting consumer awareness on matters related to property and casualty insurance. This is accomplished through government relations and public affairs activities. By maintaining strong relationships with legislators and public officials, IFNC ensures that the concerns and interests of its members, often extending to the public at large, are taken into consideration in policy-making processes.

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Impact




October, 2024

The Insurance Federation of North Carolina plays a crucial role in representing the interests of the property and casualty insurance industry within the state. By actively engaging in regulatory and legislative matters, the organization ensures that the voices of its members are heard and considered in relevant governmental discussions. This advocacy helps shape policies that directly impact the insurance landscape, fostering a favorable operating environment for businesses and enhancing the overall quality of service for consumers.

In addition to its legislative efforts, the Federation promotes consumer awareness regarding property and casualty insurance issues. By educating the public, the organization empowers individuals to make informed decisions, which contributes to a more knowledgeable and resilient community. Overall, the Insurance Federation of North Carolina not only serves the insurance industry but also plays a vital part in enhancing public understanding and confidence in insurance matters.




This information is meant to be a general summary of Insurance Federation Of North Carolina. 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
$195,236 (2022)
Expenses
$272,566 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,909
  • Gross Receipts: $195,236

Assets and Liabilities:

  • Total Assets: $585,603
  • Total Liabilities: $0
  • Net Assets: $585,603

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Organization Details

Founding Year

2004

Principal Officer

John Miletti

Main Address

3605 GLENWOOD AVENUE 500, RALEIGH, NC, 27612

NTEE Category

Code: S31 - Community improvement

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