Overview
What is Association Of Insurance Compliance Professionals?
The Association of Insurance Compliance Professionals is a nonprofit organization situated in Reston, Virginia. Its primary focus is to provide education and facilitate the exchange of knowledge and ideas within the insurance industry. They achieve this goal by sponsoring, conducting, or participating in research and educational activities that benefit the insurance community. The Association's mission is to foster relationships, share information, and offer learning opportunities within a regulatory environment that is constantly evolving. They organize an annual meeting to educate members about industry issues, thereby promoting a collaborative and informed network among compliance professionals.
Official website here: www.aicp.net
Is Association Of Insurance Compliance Professionals legitimate?
Association Of Insurance Compliance Professionals is a legitimate nonprofit organization registered as a 501(c)(6) entity. Association Of Insurance Compliance Professionals 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.aicp.net
What is the mission statement of Association Of Insurance Compliance Professionals?
The Association of Insurance Compliance Professionals serves the insurance compliance community by fostering relationships, sharing information, and offering learning opportunities within a rapidly evolving regulatory environment. Their mission is to provide education and participate in research activities, aiming to benefit the broader insurance community. This organization hosts annual meetings to educate members about industry issues and facilitate the exchange of ideas.
Official website here: www.aicp.net
Who is the CEO of Association Of Insurance Compliance Professionals?
Melissa Pomerene is the Executive Director of Association Of Insurance Compliance Professionals.
Official website here: www.aicp.net
What is the revenue of Association Of Insurance Compliance Professionals?
Association Of Insurance Compliance Professionals's revenue in 2022 was $760,674.
Official website here: www.aicp.net
Who are the executives of Association Of Insurance Compliance Professionals and what are their salaries?
There 125 volunteers at Association Of Insurance Compliance Professionals.
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Official website here: www.aicp.net
Where can I find the form 990 for Association Of Insurance Compliance Professionals?
Association Of Insurance Compliance Professionals's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aicp.net
Learn more at the official website: www.aicp.net
Mission Statement of Association Of Insurance Compliance Professionals
The Association of Insurance Compliance Professionals plays a significant role in serving the insurance compliance community. Their mission is geared towards fostering relationships, sharing information, and providing learning opportunities within a dynamic regulatory environment. They achieve this by promoting interactions, exchanging knowledge, and offering educational opportunities to its members. The organization's primary activity involves sponsoring, conducting, or participating in research and educational activities that benefit the insurance industry as a whole.
The Association of Insurance Compliance Professionals hosts annual meetings to educate its members about the intricacies of the insurance industry and to facilitate the exchange of ideas and information. By doing so, they contribute to the collective understanding and advancement of compliance practices within the insurance sector. This proactive approach allows the association to stay abreast of industry developments and respond effectively to regulatory changes, ensuring that its members remain well-equipped to navigate the complex world of insurance compliance.
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Impact
October, 2024
The Association of Insurance Compliance Professionals plays a significant role in enhancing the knowledge and skills of individuals within the insurance compliance sector. By providing education and facilitating research and educational activities, the organization empowers its members to navigate the complexities of the insurance industry effectively.
Through its annual meetings, the Association fosters a collaborative environment where professionals can exchange ideas, discuss pressing issues, and develop solutions that address the challenges faced by the insurance community. This exchange of information promotes relationships among compliance professionals, strengthening the network and support system essential to thriving in a dynamic regulatory environment.
The impact of the Association extends beyond individual members; its efforts contribute to the overall improvement of compliance practices within the insurance industry. By equipping professionals with the tools and knowledge they need, the organization helps ensure that the industry operates within legal and ethical parameters, ultimately benefiting consumers and the broader community.
This information is meant to be a general summary of Association Of Insurance Compliance Professionals. 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: $22,290
- Program Service Revenue: $730,109
- Gross Receipts: $879,138
Assets and Liabilities:
- Total Assets: $1,097,958
- Total Liabilities: $174,318
- Net Assets: $923,640
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNUAL CONFERENCE
Revenue
$461,225
MEMBERSHIP DUES
Revenue
$218,014
CHAPTER REVENUE
Revenue
$35,100
PUBLICATIONS
Revenue
$15,300
CERTIFICATIONS
Revenue
$470
Organization Details
Founding Year
1988
Phone
(703) 234-4074Principal Officer
Melissa Pomerene
Main Address
11130 SUNRISE VALLEY DR 350, RESTON, VA, 20191
Website
www.aicp.netNTEE Category
Code: S41 - Community improvement
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