Insurance Institute Of Indiana Inc

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

EIN: 351016557 ✦ Indianapolis, IN ✦ Designated as a 501(c)(6)

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Overview

What is Insurance Institute Of Indiana Inc?

The Insurance Institute of Indiana Inc. is a nonprofit organization dedicated to promoting awareness in the insurance sector for both individuals and the economy. They achieve this objective by disseminating relevant information and organizing educational seminars. In 2014, no specific programs were reported by the organization. Their mission revolves around distributing insurance-related knowledge and facilitating educational events to enhance understanding in the industry.


Official website here: www.insuranceinstitute.org

Is Insurance Institute Of Indiana Inc legitimate?

Insurance Institute Of Indiana Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Insurance Institute Of Indiana Inc 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: $235,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $367,410

For more financial information, click here


Official website here: www.insuranceinstitute.org

What is the mission statement of Insurance Institute Of Indiana Inc?

The Insurance Institute of Indiana Inc. is dedicated to disseminating information and organizing educational seminars in the insurance industry. Their objective is to foster awareness and understanding among individuals and contribute to the overall economy. In 2014, they reportedly did not have any specific programs in place. The institute's activities primarily aim to enrich the public's knowledge about the insurance sector, thereby promoting a more informed decision-making process.


Official website here: www.insuranceinstitute.org

Who is the CEO of Insurance Institute Of Indiana Inc?

Martin P Wood is the Director of Insurance Institute Of Indiana Inc.


Official website here: www.insuranceinstitute.org

What is the revenue of Insurance Institute Of Indiana Inc?

Insurance Institute Of Indiana Inc's revenue in 2022 was $1,069,338.


Official website here: www.insuranceinstitute.org

Who are the executives of Insurance Institute Of Indiana Inc and what are their salaries?

The average compensation at Insurance Institute Of Indiana Inc during 2022 was $150,602. There are 4 employees at Insurance Institute Of Indiana Inc.


Here are 27 key members and their salaries:


Art Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angie Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jess Alanis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Carmichael (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Musser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Allison (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Rudis (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Stern (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Foltyn (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Short (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Corso (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Conley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chelsea Chaney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Chapman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Ott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Murphy (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Marden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Eisemann (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jen Hamilton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsey Mccutchan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kaleaf James (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Beck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Schloemer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Edwards (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Huxel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kay Risner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin P Wood (President)
  • Compensation: $235,000
  • Related: $0
  • Other: $0


Official website here: www.insuranceinstitute.org

Where can I find the form 990 for Insurance Institute Of Indiana Inc?

Insurance Institute Of Indiana Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.insuranceinstitute.org

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

Mission Statement of Insurance Institute Of Indiana Inc

The Insurance Institute of Indiana Inc is dedicated to disseminating information and facilitating educational seminars within the insurance industry. Their primary objective is to raise awareness among individuals and contribute positively to the economy as a whole. By conducting educational events, they aim to promote a better understanding of the insurance sector, thereby benefitting both individuals and the broader economic landscape. In 2014, they did not report any specific programs associated with their mission.

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Impact




October, 2024

The Insurance Institute of Indiana Inc plays a crucial role in promoting awareness and understanding of the insurance industry within the community. By distributing information and conducting educational seminars, the organization enhances knowledge among individuals, helping them make informed decisions regarding insurance policies and coverage. This educational outreach not only empowers individuals but also contributes to a more informed public that can better navigate the complexities of the insurance landscape.

Moreover, the institute's efforts have a broader economic impact by fostering a culture of awareness and preparedness within the insurance sector. A well-informed population is more likely to engage with insurance products appropriately, ultimately supporting financial stability and risk management in the local economy. Through its activities, the Insurance Institute of Indiana Inc facilitates community improvement by equipping people with the necessary tools to understand and utilize insurance effectively. This has the potential to enhance overall safety and security for individuals and businesses alike.




This information is meant to be a general summary of Insurance Institute Of Indiana Inc. 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
$1,069,338 (2022)
Expenses
$1,086,997 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,684
  • Gross Receipts: $1,069,338

Assets and Liabilities:

  • Total Assets: $863,641
  • Total Liabilities: $46,371
  • Net Assets: $817,270

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Organization Details

Founding Year

1958

Principal Officer

Martin P Wood

Main Address

115 W WASHINGTON STREET 955-S, INDIANAPOLIS, IN, 46204

NTEE Category

Code: S40 - Community improvement

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