International Assoc Of Insurance Receivers

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

EIN: 510335737 ✦ Albany, NY ✦ Designated as a 501(c)(6)

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Overview

What is International Assoc Of Insurance Receivers?

The International Assoc of Insurance Receivers is a nonprofit organization headquartered in Albany, New York. Their primary focus is on educating, training, and credentialing professionals who work in the field of financially distressed or insolvent insurance companies. The organization serves as a valuable resource, promoting best practices to resolve troubled insurance companies. By enhancing expertise within the community, they aim to contribute positively to this specific industry sector.


Official website here: www.iair.org

Is International Assoc Of Insurance Receivers legitimate?

International Assoc Of Insurance Receivers is a legitimate nonprofit organization registered as a 501(c)(6) entity. International Assoc Of Insurance Receivers 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.iair.org

What is the mission statement of International Assoc Of Insurance Receivers?

The International Association of Insurance Receivers serves as a valuable resource, dedicated to promoting best practices for the resolution of troubled insurance companies. Their mission is to enhance expertise within the community by providing education, training, and credentialing for professionals working in the field of financially troubled or insolvent insurance companies. The organization's activities are entirely focused on supporting the development of skilled professionals, contributing to the stability and resilience of the insurance industry.


Official website here: www.iair.org

Who is the CEO of International Assoc Of Insurance Receivers?

Jan Moenck is the Immediate Past President of International Assoc Of Insurance Receivers.


Official website here: www.iair.org

What is the revenue of International Assoc Of Insurance Receivers?

International Assoc Of Insurance Receivers's revenue in 2022 was $183,331.


Official website here: www.iair.org

Who are the executives of International Assoc Of Insurance Receivers and what are their salaries?

There 16 volunteers at International Assoc Of Insurance Receivers.


Here are 17 key members and their salaries:


Kathleen Mccain (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Wilson (2Nd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Tullier (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Moenck (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Kennedy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Horwich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenny Jeffers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Knighton (1St Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tamara Kopp (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Holloway Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Murphy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Schmidt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bart Boles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Mills (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Capitol Hill Mgt Svcs (Manager)
  • Compensation: $19,000
  • Related: $0
  • Other: $0
Accolade Mgt Svcs (Manager)
  • Compensation: $65,085
  • Related: $0
  • Other: $0


Official website here: www.iair.org

Where can I find the form 990 for International Assoc Of Insurance Receivers?

International Assoc Of Insurance Receivers's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.iair.org

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

Mission Statement of International Assoc Of Insurance Receivers

The International Association of Insurance Receivers serves as a valuable resource, dedicated to promoting best practices for resolving troubled insurance companies. Their mission extends beyond this, as they also aim to enhance expertise throughout the community. This organization focuses on the education, training, and credentialing of professionals working in the areas of financially troubled or insolvent insurance companies. By doing so, they contribute significantly to the overall improvement of the insurance industry and the protection of consumers.

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Impact




October, 2024

The International Association of Insurance Receivers plays a vital role in the insurance industry, particularly in addressing the challenges associated with financially troubled or insolvent companies. By serving as a key resource, the organization enhances the knowledge and skills of professionals involved in the resolution of these complex situations. Through educational programs, training, and credentialing, it fosters best practices that not only benefit individual companies but also contribute to the overall stability and integrity of the insurance sector. This proactive approach helps mitigate risks and ensures that the community is better equipped to handle crises, enhancing confidence among stakeholders and the public.




This information is meant to be a general summary of International Assoc Of Insurance Receivers. 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
$183,331 (2022)
Expenses
$150,783 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $251
  • Program Service Revenue: $68,630
  • Gross Receipts: $183,331

Assets and Liabilities:

  • Total Assets: $210,949
  • Total Liabilities: $71,876
  • Net Assets: $139,073

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Programs

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

REGISTRATIONS

Revenue

$68,630

Organization Details

Founding Year

1991

Principal Officer

Jan Moenck

Main Address

230 WASHINGTON AVE EXTENSION, ALBANY, NY, 12203

NTEE Category

Code: S41 - Community improvement

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