Overview
What is Joint Insurance Association?
The Joint Insurance Association, established in 1968, is a Maryland-based nonprofit organization. Its primary mission, as per Maryland state law, is to offer property insurance. By the end of September 2022, this association managed 670 active insurance policies. The organization, with a small team of six dedicated individuals, provides property and casualty insurance to applicants within the state of Maryland.
Official website here: www.mdjia.org
Is Joint Insurance Association legitimate?
Joint Insurance Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Joint Insurance Association 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: $192,345
Professional Fundraising Fees: $0
Other Salaries and Wages: $268,940
For more financial information, click here
Official website here: www.mdjia.org
What is the mission statement of Joint Insurance Association?
The Joint Insurance Association, established in 1968, is committed to providing certain property and casualty insurance to eligible applicants residing in Maryland. According to its mission, the association aims to offer this insurance in compliance with the state's laws. As of September 30, 2022, the association had 670 active insurance policies in force.
Official website here: www.mdjia.org
Who is the CEO of Joint Insurance Association?
Christopher Dooley is the Governing Committee of Joint Insurance Association.
Official website here: www.mdjia.org
What is the revenue of Joint Insurance Association?
Joint Insurance Association's revenue in 2022 was $770,233.
Official website here: www.mdjia.org
Who are the executives of Joint Insurance Association and what are their salaries?
The average compensation at Joint Insurance Association during 2022 was $76,881. There are 6 employees at Joint Insurance Association.
Here are 10 key members and their salaries:
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- Compensation: $192,345
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- Other: $17,311
Official website here: www.mdjia.org
Where can I find the form 990 for Joint Insurance Association?
Joint Insurance Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mdjia.org
Learn more at the official website: www.mdjia.org
Mission Statement of Joint Insurance Association
The Joint Insurance Association, established in 1968, is committed to providing certain property and casualty insurance to applicants residing in the state of Maryland. In line with its mission, this organization serves as a vital source of insurance coverage for individuals who may find it challenging to secure coverage elsewhere. As of September 30, 2022, the association had 670 active policies in force, demonstrating its ongoing dedication to fulfilling its mission in the state. By offering property insurance in accordance with Maryland state law, the Joint Insurance Association plays a crucial role in safeguarding individuals and properties within its jurisdiction.
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Impact
October, 2024
The Joint Insurance Association plays a crucial role in providing essential property and casualty insurance to applicants in Maryland, addressing gaps in the insurance market for individuals and businesses. Established in 1968, the association ensures compliance with Maryland state law by offering coverage options for those who may struggle to find insurance through traditional channels.
With 670 policies in force as of September 30, 2022, the association is instrumental in enhancing community resilience by protecting property owners and enabling them to safeguard their investments. By fulfilling its mission, the Joint Insurance Association not only supports individuals and businesses but also contributes to the overall stability of the insurance landscape in the state, mitigating risks and providing peace of mind to policyholders.
This information is meant to be a general summary of Joint Insurance Association. 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.
- Program Service Revenue: $643,423
- Gross Receipts: $770,233
Assets and Liabilities:
- Total Assets: $2,641,203
- Total Liabilities: $1,785,594
- Net Assets: $855,609
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROPERTY INSURANCE PRE
Revenue
$641,517
MISCELLANEOUS INCOME
Revenue
$1,906
Organization Details
Founding Year
1968
Phone
(410) 539-6808Principal Officer
Christopher Dooley
Main Address
3290 N RIDGE ROAD 210, ELLICOTT CITY, MD, 21043
Website
www.mdjia.orgNTEE Category
Code: Y20 - Mutual benefit
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