Overview
What is Michigan Association Of Insurance Agents?
The Michigan Association of Insurance Agents is a nonprofit organization situated in Lansing, Michigan. With a team of 20 dedicated individuals, their primary mission is to support and advance the independent insurance agency system. They achieve this goal through various means, including advocacy, professional development, and service. By vigilantly advocating for a favorable legislative and regulatory environment, the organization works to enhance members' business and professional skills. Additionally, they promote ethical conduct and strive to create a healthy insurance environment. The Michigan Association of Insurance Agents provides educational, informational, and legislative services to its members, aiming to uphold the critical role of insurance agents and the essential services they offer.
Official website here: www.michagent.org
Is Michigan Association Of Insurance Agents legitimate?
Michigan Association Of Insurance Agents is a legitimate nonprofit organization registered as a 501(c)(6) entity. Michigan Association Of Insurance Agents 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: $291,255
Professional Fundraising Fees: $0
Other Salaries and Wages: $659,449
For more financial information, click here
Official website here: www.michagent.org
What is the mission statement of Michigan Association Of Insurance Agents?
The Michigan Association of Insurance Agents has a mission to advance and support the independent insurance agency system. They achieve this through advocacy, professionalism, and service. The organization works diligently to promote the critical role of insurance and the essential services provided by independent agents by advocating for a favorable legislative and regulatory environment. They also assist their members in enhancing their business and professional skills, promote ethical conduct, and encourage a healthy insurance environment. In addition, the Michigan Association of Insurance Agents provides educational, informational, legislative, and other services to its members.
Official website here: www.michagent.org
Who is the CEO of Michigan Association Of Insurance Agents?
Jared Burkhart is the Chair of Michigan Association Of Insurance Agents. The CEO's salary of Michigan Association Of Insurance Agents is $91,038 and their total compensation is $109,639.
Official website here: www.michagent.org
What is the revenue of Michigan Association Of Insurance Agents?
Michigan Association Of Insurance Agents's revenue in 2022 was $2,345,887.
Official website here: www.michagent.org
Who are the executives of Michigan Association Of Insurance Agents and what are their salaries?
The average compensation at Michigan Association Of Insurance Agents during 2022 was $47,535. There are 20 employees and 16 volunteers at Michigan Association Of Insurance Agents.
Here are 21 key members and their salaries (Michigan Association Of Insurance Agents's CEO's salary is $91,038 and their total compensation is $109,639):
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- Compensation: $91,038
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- Compensation: $96,946
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- Other: $21,133
Official website here: www.michagent.org
Where can I find the form 990 for Michigan Association Of Insurance Agents?
Michigan Association Of Insurance Agents's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.michagent.org
Learn more at the official website: www.michagent.org
Mission Statement of Michigan Association Of Insurance Agents
The Michigan Association of Insurance Agents, abbreviated as MAIA, is committed to promoting and bolstering the independent insurance agency system. Their mission is twofold: firstly, they strive to advocate for a favorable legislative and regulatory environment that supports the essential services provided by independent agents. Secondly, the organization aims to enhance the business and professional skills of its members, fostering ethical conduct, and fostering a healthy insurance environment. To accomplish these goals, MAIA provides various educational, informational, legislative, and other services to its members, thereby contributing to the advancement of the critical role of insurance in society.
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Impact
October, 2024
The Michigan Association of Insurance Agents plays a pivotal role in supporting the independent insurance agency system within the state. Their efforts include advocating for favorable legislative and regulatory conditions that benefit both agents and consumers. Through educational and informational services, they enhance the business and professional skills of their members, promoting ethical practices and standards in the insurance industry. This focus not only strengthens the capabilities of individual agents but also contributes to a healthier insurance environment overall. By actively engaging in advocacy, the association ensures that the importance of insurance and the essential services provided by independent agents are recognized and prioritized. Their commitment to professionalism and quality service helps to cultivate a more resilient and effective insurance landscape in Michigan.
This information is meant to be a general summary of Michigan Association Of Insurance Agents. 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: $66,457
- Program Service Revenue: $1,937,969
- Gross Receipts: $2,887,293
Assets and Liabilities:
- Total Assets: $6,121,259
- Total Liabilities: $805,223
- Net Assets: $5,316,036
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER DUES
Revenue
$761,381
EDUCATION
Revenue
$653,138
CONVENTIONS
Revenue
$498,553
PUBLICATIONS
Revenue
$24,897
Organization Details
Founding Year
1992
Phone
(517) 323-9473Principal Officer
Jared Burkhart
Main Address
1141 CENTENNIAL WAY, LANSING, MI, 48917
Website
www.michagent.orgNTEE Category
Code: Y03 - Mutual benefit
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