Consumer Credit Insurance Assn

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

EIN: 362192335 ✦ Rocky mount, NC ✦ Designated as a 501(c)(6)

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Overview

What is Consumer Credit Insurance Assn?

The Consumer Credit Insurance Association is a professional organization situated in Rocky Mount, North Carolina, functioning within the insurance sector. Serving as an industry trade association, its primary role involves publishing credit guides and manuals containing technical information. Regularly organizing committee meetings and board meetings, this association also hosts an Annual Meeting and Convention, catering to its members' company representatives for business purposes. The association's activities are geared towards advancing knowledge and best practices within the credit insurance industry.


Official website here: www.cciaonline.com

Is Consumer Credit Insurance Assn legitimate?

Consumer Credit Insurance Assn is a legitimate nonprofit organization registered as a 501(c)(6) entity. Consumer Credit Insurance Assn 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $447,838

For more financial information, click here


Official website here: www.cciaonline.com

What is the mission statement of Consumer Credit Insurance Assn?

The Consumer Credit Insurance Association operates as an insurance industry trade association. Its primary role is to provide technical information and guidance through the publication of credit guides and manuals. The association also organizes several committee and board meetings throughout the year. One of its notable events is the Annual Meeting and Convention, which serves as a business platform for representatives from its member companies. The Consumer Credit Insurance Association's mission does not appear to explicitly focus on advocacy, research, or direct support for consumers, unlike some other associations mentioned in the examples. Instead, it seems to primarily serve as a resource and networking hub for companies within the insurance industry.


Official website here: www.cciaonline.com

Who is the CEO of Consumer Credit Insurance Assn?

Sarah Ferman Baker is the Vp Legisltv of Consumer Credit Insurance Assn.


Official website here: www.cciaonline.com

What is the revenue of Consumer Credit Insurance Assn?

Consumer Credit Insurance Assn's revenue in 2022 was $846,282.


Official website here: www.cciaonline.com

Who are the executives of Consumer Credit Insurance Assn and what are their salaries?

The average compensation at Consumer Credit Insurance Assn during 2022 was $111,960. There are 4 employees and 19 volunteers at Consumer Credit Insurance Assn.


Here are 3 key members and their salaries:


John B Euwema (Vp Legisltv)
  • Compensation: $146,182
  • Related: $0
  • Other: $0
Sarah Ferman Baker (President &)
  • Compensation: $95,487
  • Related: $0
  • Other: $0
Thomas W Keepers (Executive V)
  • Compensation: $70,842
  • Related: $0
  • Other: $0


Official website here: www.cciaonline.com

Where can I find the form 990 for Consumer Credit Insurance Assn?

Consumer Credit Insurance Assn's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cciaonline.com

Learn more at the official website: www.cciaonline.com

Mission Statement of Consumer Credit Insurance Assn

The Consumer Credit Insurance Association, functioning as an Insurance Industry Trade Association, plays a significant role in this sector. Its primary mission is to serve this industry by publishing credit guides and technical manuals, providing a platform for knowledge sharing. The association organizes three committee meetings and three board meetings annually, fostering a sense of community and collaboration among its members. One of its notable programs is the Annual Meeting and Convention, which serves as a business platform for representatives from various member companies. This event offers an opportunity for networking, information exchange, and professional development. By providing these services, the Consumer Credit Insurance Association aims to support and strengthen the insurance industry, contributing to its overall growth and success.

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Impact




October, 2024

The Consumer Credit Insurance Association significantly impacts the insurance industry by fostering collaboration and communication among its members. By publishing credit guides and technical manuals, it equips industry professionals with vital information, enhancing their operational capabilities. The organization also facilitates networking and knowledge-sharing through its regular committee and board meetings, allowing members to stay abreast of industry trends and best practices.

The association's flagship program, the Annual Meeting and Convention, serves as a vital platform for member companies to engage, learn, and strategize about the future of the credit insurance sector. This gathering not only drives professional development but also strengthens ties within the community, promoting a mutual benefit among members. Overall, the association plays a crucial role in advancing the interests of its members while contributing to the stability and growth of the insurance industry.




This information is meant to be a general summary of Consumer Credit Insurance Assn. 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
$846,282 (2022)
Expenses
$807,440 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$54,021
  • Program Service Revenue: $900,303
  • Gross Receipts: $846,282

Assets and Liabilities:

  • Total Assets: $1,112,018
  • Total Liabilities: $47,368
  • Net Assets: $1,064,650

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$900,303

Organization Details

Founding Year

1951

Principal Officer

Sarah Ferman Baker

Main Address

974 CAMBRIDGE DRIVE, ROCKY MOUNT, NC, 27804

NTEE Category

Code: Y20 - Mutual benefit

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