Overview
What is Intersure Ltd?
Intersure Ltd is a member-driven association of approximately 25-30 independent insurance agencies. Based in South Bend, Indiana, its primary mission is to perpetuate the independent insurance agency industry. This is achieved through regular meetings, both in-person and virtual, where members share best practices and insights. These gatherings, including principal's meetings and functional meetings for commercial and personal lines, serve to strengthen the collective knowledge and capabilities within the association. The association operates on a self-sustaining model, with annual dues contributing to its budgeted expenditures. The goal is to maintain a balance between revenues and expenses, ensuring the long-term viability of Intersure Ltd and its member agencies.
Official website here: www.intersure.com
Is Intersure Ltd legitimate?
Intersure Ltd is a legitimate nonprofit organization registered as a 501(c)(6) entity. Intersure Ltd 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.
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Official website here: www.intersure.com
What is the mission statement of Intersure Ltd?
Intersure Ltd is a member-driven association consisting of around 25-30 independent insurance agencies. The primary objective of this association is to promote the longevity of the independent insurance agency industry. They achieve this by actively sharing best practices and information among their members. Intersure operates on a principle of mutual assistance, with members paying annual dues that are proportionate to the association's budgeted expenditures. The association's mission is to maintain a balanced financial status, aiming to break even over time in terms of revenue and expenses.
Official website here: www.intersure.com
What is the revenue of Intersure Ltd?
Intersure Ltd's revenue in 2023 was $375,229.
Official website here: www.intersure.com
Who are the executives of Intersure Ltd and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.intersure.com
Where can I find the form 990 for Intersure Ltd?
Intersure Ltd's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.intersure.com
Learn more at the official website: www.intersure.com
Mission Statement of Intersure Ltd
Intersure Ltd, a member-driven association, is composed of approximately 25-30 independent insurance agencies. The primary objective of this organization is to foster a collaborative environment, where members share best practices and valuable information. This collective effort is a strategic move aimed at preserving and strengthening the independent insurance agency industry. The members contribute to this initiative by paying annual dues, which are proportional to Intersure Ltd's budgeted expenditures. The association's design is meticulously structured to maintain a balance between revenue and expenses, aiming to operate in a financially sustainable manner over time. This self-sufficient approach ensures that Intersure Ltd can continue its mission of supporting and promoting the thriving of independent insurance agencies.
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Impact
October, 2024
Intersure Ltd plays a significant role in strengthening the independent insurance agency sector by fostering collaboration and sharing valuable insights among its member agencies. By engaging around 25-30 independent insurance agencies, Intersure creates a dynamic platform where members can exchange best practices and vital industry information, ultimately enhancing their operational efficiencies and service offerings.
Throughout 2022, the organization facilitated two principal meetings and multiple functional meetings focused on various aspects of insurance, such as commercial and personal lines. These hybrid meetings ensured inclusivity, allowing members to participate in-person or virtually, thus broadening access to essential knowledge and networking opportunities.
By promoting communication and cooperation, Intersure Ltd helps its members navigate industry challenges, adapt to changing market conditions, and remain competitive. This member-driven approach not only supports the sustainability of individual agencies but also contributes to the overall health of the independent insurance agency industry.
In conclusion, Intersure Ltd's impact is distinctly felt through its commitment to community improvement and the empowerment of independent insurance agencies, ensuring a robust future for its members and the industry at large.
This information is meant to be a general summary of Intersure Ltd. 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.
- Gross Receipts: $375,229
Assets and Liabilities:
- Total Assets: $400,296
- Total Liabilities: $293,846
- Net Assets: $106,450
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Organization Details
Founding Year
1965
Principal Officer
Scott Moak
Website
www.intersure.comNTEE Category
Code: S41 - Community improvement
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