Independent Insurance Agents Of Iowa

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

EIN: 420650404 ✦ West des moines, IA ✦ Designated as a 501(c)(6)

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Overview

What is Independent Insurance Agents Of Iowa?

Independent Insurance Agents of Iowa is a membership association, primarily serving approximately 549 independent insurance agencies operating within the state. Their mission is to champion the professional and business interests of their members, while upholding the highest ethical standards, working in the public's interest. They offer promotional, advocacy, and various other general services to their members, thereby supporting the independent insurance sector in Iowa. The organization is headquartered in West Des Moines, Iowa, with a modest workforce of four individuals.


Official website here: www.iiaiowa.org

Is Independent Insurance Agents Of Iowa legitimate?

Independent Insurance Agents Of Iowa is a legitimate nonprofit organization registered as a 501(c)(6) entity. Independent Insurance Agents Of Iowa 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: $307,568
Professional Fundraising Fees: $0
Other Salaries and Wages: $187,236

For more financial information, click here


Official website here: www.iiaiowa.org

What is the mission statement of Independent Insurance Agents Of Iowa?

The Independent Insurance Agents of Iowa serves as an unwavering advocate for its member independent insurance agencies, safeguarding their business, professional, and political interests. This is achieved by acting in the public's interest and adhering to the highest ethical standards. The organization offers promotion, advocacy, and various general services to support these independent agencies, boasting around 549 members at year-end.


Official website here: www.iiaiowa.org

Who is the CEO of Independent Insurance Agents Of Iowa?

Tom O'Meara is the Ceo of Independent Insurance Agents Of Iowa. The CEO's salary of Independent Insurance Agents Of Iowa is $252,946 and their total compensation is $294,862.


Official website here: www.iiaiowa.org

What is the revenue of Independent Insurance Agents Of Iowa?

Independent Insurance Agents Of Iowa's revenue in 2022 was $1,959,343.


Official website here: www.iiaiowa.org

Who are the executives of Independent Insurance Agents Of Iowa and what are their salaries?

The average compensation at Independent Insurance Agents Of Iowa during 2022 was $123,701. There are 4 employees and 100 volunteers at Independent Insurance Agents Of Iowa.


Here are 12 key members and their salaries (Independent Insurance Agents Of Iowa's CEO's salary is $252,946 and their total compensation is $294,862):


Tom O'Meara (Ceo)
  • Compensation: $252,946
  • Related: $0
  • Other: $41,916
David Rowley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Wirtz (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luke Horak (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eldon Hunsicker (National Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Madsen (Past Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Gentry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Walters (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Goodhue (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy Blake (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Rosenboom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aj Krist (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.iiaiowa.org

Where can I find the form 990 for Independent Insurance Agents Of Iowa?

Independent Insurance Agents Of Iowa's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.iiaiowa.org

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

Mission Statement of Independent Insurance Agents Of Iowa

The Independent Insurance Agents of Iowa serves as an unwavering advocate for the business, professional, and political interests of its member independent insurance agencies operating within the state. This advocacy is carried out by working in the public's interest, upholding the highest ethical standards. The association promotes and provides various services to its approximately 549 member agencies, ensuring their success and growth in the insurance industry.

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Impact




October, 2024

Independent Insurance Agents of Iowa plays a significant role in bolstering the independent insurance sector within the state. By serving as a membership association for independent insurance agents, it provides vital support through advocacy, promotion, and a range of services tailored to enhance the business operations of its approximately 549 member agencies.

The organization actively engages in advocacy efforts to represent the interests of its members, ensuring their voices are heard in both professional and political arenas. This commitment to advocacy not only benefits member agencies but also promotes a stable and competitive insurance market that ultimately serves the public interest.

Furthermore, Independent Insurance Agents of Iowa fosters a sense of community among its members, offering networking opportunities and resources that facilitate collaboration and knowledge sharing. By focusing on ethical standards and the professional growth of its members, the organization enhances the integrity and reputation of the independent insurance profession in Iowa.

In summary, the impact of Independent Insurance Agents of Iowa is seen through its unwavering support for independent insurance agents, driving both individual agency success and the overall health of the insurance market in the state.




This information is meant to be a general summary of Independent Insurance Agents Of Iowa. 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
$1,959,343 (2022)
Expenses
$1,349,964 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $417,777
  • Program Service Revenue: $1,124,047
  • Gross Receipts: $2,739,858

Assets and Liabilities:

  • Total Assets: $7,880,743
  • Total Liabilities: $142,484
  • Net Assets: $7,738,259

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Programs

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

DUES

Revenue

$639,718

CONVENTION

Revenue

$418,820

EDUCATION PROGRAMS

Revenue

$65,509

Organization Details

Founding Year

1906

Principal Officer

Tom O'Meara

Main Address

4000 WESTOWN PKWY STE 200, WEST DES MOINES, IA, 50266

NTEE Category

Code: Y20 - Mutual benefit

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