Overview
What is Life Insurance Association Of Michigan?
The Life Insurance Association of Michigan is a nonprofit organization situated in Lansing, Michigan, specifically at 416 South Cedar Street Suite H. Its primary mission is to advocate for the Michigan life insurance industry by engaging in focused legislative, regulatory, and public affairs activities. The association adheres to high ethical and professional standards, ensuring the benefit of Michigan's insurance-buying consumers. By representing its members before state legislators, the Life Insurance Association of Michigan works to shape laws and regulations related to life insurance.
Official website here: www.liamichigan.org
Is Life Insurance Association Of Michigan legitimate?
Life Insurance Association Of Michigan is a legitimate nonprofit organization registered as a 501(c)(6) entity. Life Insurance Association Of Michigan 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:
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Official website here: www.liamichigan.org
What is the mission statement of Life Insurance Association Of Michigan?
The Life Insurance Association of Michigan's mission is to serve the life insurance industry within the state through focused legislative, regulatory, and public affairs activities. They adhere to high ethical and professional standards to benefit Michigan's insurance-buying consumers. By representing its members before state legislators regarding laws and regulations related to life insurance, the association aims to safeguard and promote the interests of the life insurance industry and its customers in Michigan.
Official website here: www.liamichigan.org
Who is the CEO of Life Insurance Association Of Michigan?
Ken Ross is the Chair And Pr of Life Insurance Association Of Michigan.
Official website here: www.liamichigan.org
What is the revenue of Life Insurance Association Of Michigan?
Life Insurance Association Of Michigan's revenue in 2022 was $224,859.
Official website here: www.liamichigan.org
Who are the executives of Life Insurance Association Of Michigan and what are their salaries?
There 7 volunteers at Life Insurance Association Of Michigan.
Here are 7 key members and their salaries:
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Official website here: www.liamichigan.org
Where can I find the form 990 for Life Insurance Association Of Michigan?
Life Insurance Association Of Michigan's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.liamichigan.org
Learn more at the official website: www.liamichigan.org
Mission Statement of Life Insurance Association Of Michigan
The Life Insurance Association of Michigan serves a significant role in the Michigan life insurance industry by engaging in focused legislative, regulatory, and public affairs activities. Adhering to high ethical and professional standards, this organization aims to benefit Michigan's insurance-buying consumers. Its mission is to advocate on behalf of its members before state legislators, ensuring that laws and regulations relating to life insurance align with the best interests of the industry and its clients. This association strives to uphold the well-being of the Michigan life insurance sector, thereby providing reliable insurance options for the state's residents.
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Impact
October, 2024
Life Insurance Association of Michigan (LIAM) plays a significant role in shaping the landscape of the state's life insurance industry. By advocating for the interests of its members, LIAM ensures that the voices of life insurance providers are heard in legislative and regulatory discussions. This representation helps to influence laws and regulations that govern life insurance, ultimately fostering a more stable and fair market for consumers in Michigan.
Through focused public affairs activities, LIAM aims to educate and inform both policymakers and the public about the importance of life insurance, promoting its understanding and accessibility. By adhering to high ethical and professional standards, the association not only champions the interests of its members but also works to protect consumers, ensuring they benefit from reliable and responsible life insurance options.
In summary, LIAM’s impact is evident in its commitment to enhancing the life insurance industry in Michigan, driving improvements that benefit both providers and consumers alike.
This information is meant to be a general summary of Life Insurance Association Of Michigan. 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: $4,336
- Program Service Revenue: $220,523
- Gross Receipts: $224,859
Assets and Liabilities:
- Total Assets: $473,104
- Total Liabilities: $15,121
- Net Assets: $457,983
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$203,900
ANNUAL MEETING
Revenue
$16,623
Organization Details
Founding Year
1974
Phone
(517) 482-7058Principal Officer
Ken Ross
Main Address
416 SOUTH CEDAR STREET SUITE H, LANSING, MI, 48912
Website
www.liamichigan.orgNTEE Category
Code: S41 - Community improvement
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