National African-American Insurance Association

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

EIN: 311471178 ✦ Washington, DC ✦ Designated as a 501(c)(6)

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Overview

What is National African-American Insurance Association?

The National African-American Insurance Association, situated in Washington D.C., serves as a platform dedicated to enhancing the professional development and personal growth of African-American insurance professionals. With a focus on diversity and inclusion, the organization offers ample opportunities for networking, continuing education, and fostering beneficial partnerships. In 2022, they continued their mission by hosting numerous events, attracting over 7,000 industry professionals, educators, and supporters. The association also expanded its chapter network, secured new sponsorships, and held a successful national conference, all contributing to its goal of promoting excellence in the insurance industry.


Official website here: www.naaia.org

What do the Facebook reviews say about National African-American Insurance Association?

100% of 23 reviewers on Facebook recommend the National African-American Insurance Association. Here is a summary of their reviews:

The organization is consistently recognized for fostering personal and professional growth among its members. Many agree that their relationships and networks within the insurance industry have been significantly strengthened through participation in NAAIA.

Overall, members feel empowered and appreciate the unique opportunities that NAAIA provides, noting the positive impact the association has not only on individual professionals but also on the broader insurance landscape.


This AI summary has been generated from reviews found on Facebook.

Is National African-American Insurance Association legitimate?

National African-American Insurance Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. National African-American Insurance Association 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: $40,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.naaia.org

What is the mission statement of National African-American Insurance Association?

The National African-American Insurance Association's mission is centered around promoting professional development and personal growth among African-American insurance professionals. This is achieved through providing opportunities for networking, continuing education, and fostering mutually beneficial partnerships. This mission is carried out through national conferences, seminars, and chapter events. The organization's efforts in 2022 focused on organizational excellence, striving for increased diversity and inclusion in the insurance industry. They successfully delivered robust programming, attracting over 7,000 industry professionals, educators, and supporters to their events. Additionally, the organization hired a new executive director and COO, increased sponsorships, expanded its chapter network, and held a sold-out national conference.


Official website here: www.naaia.org

Who is the CEO of National African-American Insurance Association?

Omari Jahi Aarons is the Executive Vice President of National African-American Insurance Association.


Official website here: www.naaia.org

What is the revenue of National African-American Insurance Association?

National African-American Insurance Association's revenue in 2022 was $1,826,471.


Official website here: www.naaia.org

Who are the executives of National African-American Insurance Association and what are their salaries?

The average compensation at National African-American Insurance Association during 2022 was $20,000. There are 2 employees and 1000 volunteers at National African-American Insurance Association.


Here are 16 key members and their salaries:


Janet Jordan-Foster (Executive Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Johnson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Woods (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerald Tillman (Founder)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ricky Jones (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherita Hardy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James E Hutchinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ngozi Nnaji (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clive Mccarthy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Omari Jahi Aarons (Executive Director)
  • Compensation: $40,000
  • Related: $0
  • Other: $0
Owie Lei Agbontaen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwight Geddes (Owner)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Lamarre (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebekah Ratliff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Redd (Former Executive Director)
  • Compensation: $221,276
  • Related: $0
  • Other: $0


Official website here: www.naaia.org

Where can I find the form 990 for National African-American Insurance Association?

National African-American Insurance Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.naaia.org

Learn more at the official website: www.naaia.org

Mission Statement of National African-American Insurance Association

The National African-American Insurance Association, abbreviated as NAAIA, is dedicated to fostering professional development and personal growth among African-American insurance professionals. This mission is achieved through various means, including national conferences, seminars, and chapter events. By providing opportunities for networking, continuing education, and the establishment of mutually beneficial partnerships, NAAIA empowers its members to excel in their careers within the insurance industry.

In essence, NAAIA serves as a platform for African-American insurance professionals to connect, learn, and collaborate, thereby fostering their personal and professional growth. The association's activities, such as conferences and seminars, are designed to engage industry professionals, educators, and supporters, contributing to a robust and inclusive insurance community. In 2022, NAAIA demonstrated its commitment to this mission, attracting over 7,000 participants and expanding its influence through increased sponsorships, an expanded chapter network, and a successful national conference.

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Impact




October, 2024

The National African-American Insurance Association (NAAIA) significantly impacts the insurance industry by promoting professional development and personal growth among African-American insurance professionals. Through a range of activities, including national conferences, seminars, and chapter events, NAAIA facilitates networking opportunities and continuing education, fostering a culture of collaboration and mutual benefit.

In 2022, NAAIA demonstrated its commitment to increasing diversity and inclusion within the insurance sector. The organization achieved substantial reach, with over 7,000 attendees, including industry professionals, educators, and supporters, participating in various events. This highlights NAAIA's role as a critical platform for knowledge sharing and professional growth.

NAAIA also emphasizes organizational excellence, actively expanding its chapter network, and enhancing sponsorships. The hiring of a new Executive Director and COO indicates a commitment to strengthening leadership and strategic direction. The sold-out national conference serves as a testament to the organization's influence and the demand for its initiatives aimed at supporting the African-American community within the insurance industry. Through these efforts, NAAIA not only enhances individual careers but also drives systemic change toward a more inclusive industry landscape.




This information is meant to be a general summary of National African-American Insurance Association. 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
$1,826,471 (2022)
Expenses
$1,401,660 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8
  • Program Service Revenue: $1,826,463
  • Gross Receipts: $1,826,471

Assets and Liabilities:

  • Total Assets: $2,281,818
  • Total Liabilities: $500,325
  • Net Assets: $1,781,493

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONFERENCE REGISTRATIO

Revenue

$1,390,650

CORPORATE SPONSORSHIP

Revenue

$261,204

MEMBERSHIP DUES

Revenue

$153,750

JOB TARGET INCOME

Revenue

$18,845

TRAINING AND DEVELOPME

Revenue

$2,014

Organization Details

Founding Year

1997

Principal Officer

Omari Jahi Aarons

Main Address

1030 15TH ST B1 NW BOX 1110, WASHINGTON, DC, 20005

NTEE Category

Code: S41 - Community improvement

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