Overview
What is Wisconsin Association Of Mutual Insurance Companies Inc?
The Wisconsin Association Of Mutual Insurance Companies Inc, located at 7203 Gene Street Suite A, Deforest, WI 53532, is a nonprofit organization dedicated to supporting its member mutual insurance companies. They achieve this by providing valuable information through various channels, including publications, workshops, and meetings. This association's purpose is to enhance the collective knowledge and capabilities of its members, ultimately benefiting the mutual insurance sector within Wisconsin. With a team of just two dedicated individuals, they play an essential role in fostering a robust and informed mutual insurance industry in the state.
Official website here: www.wamic.org
Is Wisconsin Association Of Mutual Insurance Companies Inc legitimate?
Wisconsin Association Of Mutual Insurance Companies Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Wisconsin Association Of Mutual Insurance Companies 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: $111,682
Professional Fundraising Fees: $0
Other Salaries and Wages: $55,235
For more financial information, click here
Official website here: www.wamic.org
What is the mission statement of Wisconsin Association Of Mutual Insurance Companies Inc?
The Wisconsin Association of Mutual Insurance Companies Inc serves a purpose by providing valuable information to its member mutual insurance companies. They accomplish this through various means, including publications, workshops, and meetings. The association's mission is geared towards benefiting its members, aiming to enhance their operations and overall performance. To further support its members, the association also offers AAIS licensing services. In essence, the Wisconsin Association of Mutual Insurance Companies Inc is committed to fostering growth and success within its member companies through the dissemination of relevant information and resources.
Official website here: www.wamic.org
What is the revenue of Wisconsin Association Of Mutual Insurance Companies Inc?
Wisconsin Association Of Mutual Insurance Companies Inc's revenue in 2023 was $681,556.
Official website here: www.wamic.org
Who are the executives of Wisconsin Association Of Mutual Insurance Companies Inc and what are their salaries?
The average compensation at Wisconsin Association Of Mutual Insurance Companies Inc during 2023 was $55,639. There are 3 employees at Wisconsin Association Of Mutual Insurance Companies Inc.
Here are 9 key members and their salaries:
- Compensation: $111,682
- Related: $0
- Other: $27,625
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.wamic.org
Where can I find the form 990 for Wisconsin Association Of Mutual Insurance Companies Inc?
Wisconsin Association Of Mutual Insurance Companies Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wamic.org
Learn more at the official website: www.wamic.org
Mission Statement of Wisconsin Association Of Mutual Insurance Companies Inc
Wisconsin Association of Mutual Insurance Companies Inc plays a crucial role in benefiting its member mutual insurance companies. This nonprofit organization achieves this by providing them with valuable information through various means, including publications, workshops, and meetings. By doing so, it aims to enhance the capabilities and performance of its member companies. In addition, the association offers AAIS (American Association of Insurance Services) licensing for its members, further strengthening their operations. In essence, Wisconsin Association of Mutual Insurance Companies Inc serves as a knowledge hub and a facilitator for its member companies, supporting them in their mutual insurance ventures.
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Impact
October, 2024
Wisconsin Association Of Mutual Insurance Companies Inc significantly impacts the mutual insurance landscape in the state by offering valuable resources and support to its member companies. Through various publications, workshops, and meetings, the association disseminates critical information that enhances the operational effectiveness of its members. This knowledge-sharing fosters a more informed industry and helps member companies navigate complex insurance challenges.
Additionally, the association facilitates access to AAIS forms licensing, ensuring that member companies can operate efficiently and comply with regulatory standards. By focusing on community improvement and collaboration, the association strengthens the mutual insurance sector, ultimately leading to better services for policyholders and contributing to a stable insurance environment in Wisconsin.
This information is meant to be a general summary of Wisconsin Association Of Mutual Insurance Companies 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $3,374
- Program Service Revenue: $358,593
- Gross Receipts: $681,556
Assets and Liabilities:
- Total Assets: $455,411
- Total Liabilities: $289,503
- Net Assets: $165,908
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AAIS LICENSING AND FORMS SALE
Revenue
$168,779
CONVENTION
Revenue
$127,339
SCHOOLS AND SEMINARS
Revenue
$62,327
SALES OF INSURANCE FORMS
Revenue
$148
Organization Details
Founding Year
1949
Principal Officer
Patrick Laws
Website
www.wamic.orgNTEE Category
Code: S41 - Community improvement
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