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National Association Of Fraternal Insurance Counselors Inc

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

EIN: 391640907 ✦ Buffalo, MN ✦ Designated as a 501(c)(6)

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Overview

What is National Association Of Fraternal Insurance Counselors Inc?

The National Association of Fraternal Insurance Counselors Inc, based in Buffalo, Minnesota, is a nonprofit organization dedicated to the advancement of fraternal life insurance. Their primary mission involves providing continuous educational opportunities to its members, achieved through publications, conventions, and courses. The association upholds the principles of fraternal life insurance and promotes high ethical standards in the sale and service of these products. They strive to enhance the knowledge of fraternal representatives, fostering successful sales and service practices. Furthermore, they facilitate the exchange of ideas among these representatives, thereby fostering a collaborative environment.


Official website here: www.nafic.org

Is National Association Of Fraternal Insurance Counselors Inc legitimate?

National Association Of Fraternal Insurance Counselors Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Association Of Fraternal Insurance Counselors 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.nafic.org

What is the mission statement of National Association Of Fraternal Insurance Counselors Inc?

The National Association of Fraternal Insurance Counselors Inc has a mission to support and uphold the principles of fraternal life insurance. Additionally, they aim to promote high ethical standards in the sale and service of fraternal products and benefits. The organization also strives to increase the knowledge of fraternal representatives, stimulate, and develop successful sales and service practices. Lastly, they offer an opportunity for the exchange of ideas between fraternal representatives, fostering a collaborative environment.


Official website here: www.nafic.org

Who is the CEO of National Association Of Fraternal Insurance Counselors Inc?

Don Kulyk is the Past Preside of National Association Of Fraternal Insurance Counselors Inc.


Official website here: www.nafic.org

What is the revenue of National Association Of Fraternal Insurance Counselors Inc?

National Association Of Fraternal Insurance Counselors Inc's revenue in 2022 was $412,012.


Official website here: www.nafic.org

Who are the executives of National Association Of Fraternal Insurance Counselors Inc and what are their salaries?

There 66 volunteers at National Association Of Fraternal Insurance Counselors Inc.


Here are 12 key members and their salaries:


Gregory Gall (Past Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Kulyk (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Mallet (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Simpson (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Maenner (Executive Di)
  • Compensation: $82,000
  • Related: $0
  • Other: $0
Gail Kroll (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Lloyd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Tix (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Wesolowski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eugene Smart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Houlahan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Schachle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nafic.org

Where can I find the form 990 for National Association Of Fraternal Insurance Counselors Inc?

National Association Of Fraternal Insurance Counselors Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nafic.org

Learn more at the official website: www.nafic.org

Mission Statement of National Association Of Fraternal Insurance Counselors Inc

The National Association of Fraternal Insurance Counselors Inc is committed to several objectives in its mission. Primarily, it aims to uphold and preserve the core values of fraternal life insurance. Beyond this, the organization seeks to advocate for high ethical standards in the marketing and servicing of fraternal insurance products and benefits.

In addition, the National Association of Fraternal Insurance Counselors Inc strives to improve the knowledge base of fraternal representatives and encourage successful sales and service practices. This objective is achieved by providing a platform for the exchange of ideas between these representatives, fostering a collaborative environment that stimulates growth and development.

In essence, the National Association of Fraternal Insurance Counselors Inc plays a pivotal role in supporting the fraternal life insurance sector, promoting ethical standards, and fostering professional development within the industry. It provides a space for fraternal representatives to share ideas, learn from one another, and enhance their sales and service practices.

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Impact




October, 2024

The National Association of Fraternal Insurance Counselors Inc. plays a crucial role in the fraternal insurance industry by promoting the principles of fraternal life insurance and ensuring high ethical standards in the sales and service of fraternal products. Through its initiatives, the organization enhances the knowledge and skills of fraternal representatives, fostering successful sales practices and effective service.

One of the significant impacts of this association is the provision of continuing educational opportunities. By issuing publications, hosting conventions, and offering courses, it equips its members with essential tools and insights to navigate the increasingly complex landscape of fraternal insurance. This focus on education not only benefits individual representatives but also uplifts the industry as a whole, ensuring that clients receive informed and responsible service.

Additionally, the National Association facilitates the exchange of ideas among fraternal representatives, creating a collaborative environment that encourages innovation and best practices. This networking aspect helps cultivate a vibrant community where professionals can share experiences and strategies, ultimately driving improvement and excellence within the fraternal insurance sector.

In summary, the organization significantly impacts the fraternal insurance community by advocating for ethical standards, enhancing knowledge and skills, and fostering a collaborative network, all of which contribute to the overall improvement of services and benefits provided to members.




This information is meant to be a general summary of National Association Of Fraternal Insurance Counselors 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.

Revenue
$412,012 (2022)
Expenses
$326,213 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7,204
  • Program Service Revenue: $215,912
  • Gross Receipts: $412,012

Assets and Liabilities:

  • Total Assets: $876,425
  • Total Liabilities: $0
  • Net Assets: $876,425

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Programs

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

CONVENTION INCOME

Revenue

$215,912

Organization Details

Founding Year

1989

Principal Officer

Don Kulyk

Main Address

110 LOOKOUT POINT, BUFFALO, MN, 55313

NTEE Category

Code: S41 - Community improvement

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