Overview
What is National Alliance Of Life Companies?
The National Alliance of Life Companies is a nonprofit organization situated in Sarasota, Florida. With a minimal workforce of one individual, its primary focus is to support and respond to the concerns of small and mid-sized life companies. The organization achieves this objective by closely monitoring the activities of the National Alliance of Life Companies (NALC) and various state regulatory authorities. By gathering and disseminating this information to its members through newsletters, conferences, and meetings, the National Alliance of Life Companies encourages appropriate responses to the challenges faced by these companies.
Official website here: www.nalc.net
Is National Alliance Of Life Companies legitimate?
National Alliance Of Life Companies is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Alliance Of Life 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:
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Other Salaries and Wages: $80,600
For more financial information, click here
Official website here: www.nalc.net
What is the mission statement of National Alliance Of Life Companies?
The National Alliance of Life Companies, through its executive director, monitors the activities of the organization and various state regulatory authorities. This information is then disseminated to its members through newsletters, conferences, and meetings, aiming to promote necessary responses to the concerns of small and mid-size life companies. Essentially, the alliance serves as a platform for communication and action, ensuring that these companies stay informed and can effectively respond to regulatory issues.
Official website here: www.nalc.net
Who is the CEO of National Alliance Of Life Companies?
Jessica Sever is the President of National Alliance Of Life Companies.
Official website here: www.nalc.net
What is the revenue of National Alliance Of Life Companies?
National Alliance Of Life Companies's revenue in 2022 was $415,855.
Official website here: www.nalc.net
Who are the executives of National Alliance Of Life Companies and what are their salaries?
The average compensation at National Alliance Of Life Companies during 2022 was $80,600. There is 1 employee at National Alliance Of Life Companies.
Here are 12 key members and their salaries:
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Official website here: www.nalc.net
Where can I find the form 990 for National Alliance Of Life Companies?
National Alliance Of Life Companies's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nalc.net
Learn more at the official website: www.nalc.net
Mission Statement of National Alliance Of Life Companies
The National Alliance of Life Companies, led by its executive director, is dedicated to monitoring the activities of the NALC and various state regulatory authorities. The organization's primary goal is to disseminate this information to its members through newsletters, conferences, and meetings. This proactive approach aims to encourage appropriate responses from small and mid-size life companies, addressing their concerns effectively. By doing so, the National Alliance of Life Companies plays a vital role in promoting an informed and responsive environment within the life insurance sector.
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Impact
October, 2024
The National Alliance of Life Companies (NALC) plays a crucial role in supporting small and mid-sized life insurance companies by actively monitoring regulatory activities and industry trends. Through the efforts of its Executive Director, NALC gathers information from various state regulatory authorities, synthesizing this data to keep its members informed and prepared for changes in the industry landscape.
By disseminating insights through newsletters, conferences, and meetings, NALC facilitates a vital communication network that allows member companies to respond effectively to regulatory challenges and concerns. This engagement empowers smaller companies to navigate the complexities of the life insurance sector, ensuring their competitive viability and promoting innovation.
Additionally, NALC acts as a collective voice for its members, advocating on their behalf to address shared challenges and drive community improvement in the industry. In summary, NALC significantly impacts the life insurance sector by fostering collaboration, communication, and informed responses among small and mid-sized companies, ultimately enhancing their capacity to serve their clients and contribute to the broader community.
This information is meant to be a general summary of National Alliance Of Life 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 2022.
- Investment Income: $24,442
- Program Service Revenue: $348,285
- Gross Receipts: $415,855
Assets and Liabilities:
- Total Assets: $983,972
- Total Liabilities: $61,410
- Net Assets: $922,562
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$348,285
Organization Details
Phone
(941) 379-6100Principal Officer
Jessica Sever
Main Address
PO BOX 50053, SARASOTA, FL, 34232
Website
www.nalc.netNTEE Category
Code: S41 - Community improvement
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