Overview
What is The Pennsylvania Association Of Mutual Insurance Companies?
The Pennsylvania Association of Mutual Insurance Companies is a nonprofit organization situated in Mechanicsburg, Pennsylvania. With a small team of four employees, their primary mission is to support the mutual insurance companies in the state of Pennsylvania. They achieve this by offering various services, including advocacy, educational programs, and networking opportunities, to meet the needs of their agents and policyholders. This nonprofit aims to strengthen the mutual insurance companies' capacity to serve their clientele effectively.
Official website here: www.pamic.org
Is The Pennsylvania Association Of Mutual Insurance Companies legitimate?
The Pennsylvania Association Of Mutual Insurance Companies is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Pennsylvania Association Of Mutual Insurance Companies 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: $161,384
Professional Fundraising Fees: $0
Other Salaries and Wages: $196,674
For more financial information, click here
Official website here: www.pamic.org
What is the mission statement of The Pennsylvania Association Of Mutual Insurance Companies?
The Pennsylvania Association of Mutual Insurance Companies' mission is to support its member mutual insurance companies by addressing the needs of their agents and policyholders. They achieve this through various means, including advocacy, educational programs, and networking opportunities. The organization provides general program services and educational resources to its members, aiming to enhance their operations and further its mission. By doing so, it aims to foster a strong mutual insurance industry in Pennsylvania.
Official website here: www.pamic.org
What is the revenue of The Pennsylvania Association Of Mutual Insurance Companies?
The Pennsylvania Association Of Mutual Insurance Companies's revenue in 2024 was $1,030,371.
Official website here: www.pamic.org
Who are the executives of The Pennsylvania Association Of Mutual Insurance Companies and what are their salaries?
The average compensation at The Pennsylvania Association Of Mutual Insurance Companies during 2024 was $71,612. There are 5 employees and 150 volunteers at The Pennsylvania Association Of Mutual Insurance Companies.
Here are 13 key members and their salaries:
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- Compensation: $210,321
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- Other: $28,285
Official website here: www.pamic.org
Where can I find the form 990 for The Pennsylvania Association Of Mutual Insurance Companies?
The Pennsylvania Association Of Mutual Insurance Companies's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.pamic.org
Learn more at the official website: www.pamic.org
Mission Statement of The Pennsylvania Association Of Mutual Insurance Companies
The Pennsylvania Association of Mutual Insurance Companies, a nonprofit organization, is dedicated to supporting its member mutual insurance companies by fulfilling their agents' and policyholders' needs. This support is facilitated through various means, including advocacy, educational programs, and networking opportunities. The primary objective of the association is to empower its member companies to effectively serve their clients, thereby strengthening the mutual insurance industry in Pennsylvania. By providing these resources, the association aims to ensure that its member companies can deliver optimal service and satisfaction to their agents and policyholders.
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Impact
October, 2024
The Pennsylvania Association of Mutual Insurance Companies significantly influences the mutual insurance landscape in Pennsylvania by supporting its member companies. Through robust advocacy, it ensures that the interests of mutual insurers are effectively represented in legislative matters, which strengthens the industry's stability and growth.
By providing educational programs, the organization enhances the knowledge and skills of its members, helping them meet the evolving needs of their agents and policyholders. These programs equip mutual insurance companies to navigate challenges and opportunities in the industry.
Networking opportunities facilitated by the association foster collaboration and knowledge sharing among members, further strengthening the community of mutual insurance providers. This collective effort improves service delivery to policyholders and agents, contributing to overall community improvement.
This information is meant to be a general summary of The Pennsylvania Association Of Mutual Insurance Companies. 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 2024.
- Investment Income: $26,434
- Program Service Revenue: $1,003,937
- Gross Receipts: $1,030,371
Assets and Liabilities:
- Total Assets: $1,129,238
- Total Liabilities: $387,765
- Net Assets: $741,473
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM EVENTS
Revenue
$552,260
MEMBERSHIP DUES
Revenue
$432,203
PAC CONTRIBUTIONS
Revenue
$17,625
OTHER PROGRAM RELATED REVENUE
Revenue
$1,849
Organization Details
Founding Year
1907
Principal Officer
Kevin Tate
Website
www.pamic.orgNTEE Category
Code: S41 - Community improvement
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