Overview
What is National Association Of Independent Life Brokerage Agencies?
The National Association of Independent Life Brokerage Agencies, located in Fairfax, Virginia, is a nonprofit organization with a mission to serve the interests of value-added, independently-owned life brokerage agencies. With around 7 employees, they promote financial security and consumer choice by utilizing independent brokerage distribution within the insurance industry. Their annual meeting serves as a platform for the exchange of information concerning independent life agencies, featuring presentations by various speakers and attracting approximately 1,000 attendees. The association is considered the premier organization in the industry, advocating for these independently-owned agencies and fostering a collaborative environment for growth and success.
Official website here: www.nailba.org
Is National Association Of Independent Life Brokerage Agencies legitimate?
National Association Of Independent Life Brokerage Agencies is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Association Of Independent Life Brokerage Agencies 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.
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Official website here: www.nailba.org
What is the mission statement of National Association Of Independent Life Brokerage Agencies?
The National Association of Independent Life Brokerage Agencies (NAILBA) is dedicated to serving the interests of value-added, independently-owned life brokerage agencies. As the leading insurance industry organization, NAILBA promotes financial security and consumer choice by advocating for the use of independent brokerage distribution. Their mission is to support these agencies, aiming to foster a thriving industry that caters to the needs of its clients. Annually, they facilitate the exchange of information among independent life agencies through workshops and presentations by various speakers, attracting approximately 1,000 attendees.
Official website here: www.nailba.org
What is the revenue of National Association Of Independent Life Brokerage Agencies?
National Association Of Independent Life Brokerage Agencies's revenue in 2023 was $0.
Official website here: www.nailba.org
Who are the executives of National Association Of Independent Life Brokerage Agencies and what are their salaries?
The average compensation at National Association Of Independent Life Brokerage Agencies during 2023 was $76,161. There are 7 employees and 19 volunteers at National Association Of Independent Life Brokerage Agencies.
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Official website here: www.nailba.org
Where can I find the form 990EZ for National Association Of Independent Life Brokerage Agencies?
National Association Of Independent Life Brokerage Agencies's most recent form 990EZ was submitted in 2023 and can be accessed here.
Official website here: www.nailba.org
Learn more at the official website: www.nailba.org
Mission Statement of National Association Of Independent Life Brokerage Agencies
The National Association of Independent Life Brokerage Agencies, often abbreviated as NAILBA, is dedicated to serving the interests of value-added, independently-owned life brokerage agencies. Their primary objective is to promote financial security and consumer choice through the utilization of independent brokerage distribution. NAILBA functions as the premier insurance industry organization, striving to uphold the success of independent life agencies. This is achieved through the facilitation of information exchanges, as seen in their annual meetings, which feature workshops and presentations by various speakers, attracting approximately 1,000 attendees.
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Impact
October, 2024
The National Association of Independent Life Brokerage Agencies (NAILBA) significantly impacts the insurance industry by representing independently-owned life brokerage agencies. By advocating for the interests of its members, NAILBA promotes financial security and consumer choice, ensuring that these agencies can effectively serve their clients.
One of the key ways NAILBA achieves this is through its annual meeting, which facilitates the exchange of information among independent life agencies. This event, attended by approximately 1,000 participants, includes workshops and presentations from various speakers that provide valuable insights and networking opportunities. This exchange of knowledge empowers independent agencies to innovate and improve their service offerings, enhancing the overall quality of the insurance market.
Moreover, NAILBA’s commitment to the independent brokerage distribution model fosters a competitive landscape, allowing consumers greater access to diverse insurance products and tailored solutions. By championing the role of independent brokers, NAILBA contributes to a more vibrant and responsive insurance industry that prioritizes the needs of consumers and reinforces the importance of choice in financial security.
This information is meant to be a general summary of National Association Of Independent Life Brokerage Agencies. 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 2023.
- Investment Income: $42
- Program Service Revenue: $730,219
- Gross Receipts: $854,206
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$279,761
MARKETING/ADVERTISING
Revenue
$266,609
CASE MANAGER REVENUE
Revenue
$155,001
CONTRACT REVENUE
Revenue
$25,648
SERVICE FEE REVENUE
Revenue
$3,200
Organization Details
Founding Year
1982
Principal Officer
Daniel Labert
Website
www.nailba.orgNTEE Category
Code: S41 - Community improvement
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