National Association Of Insurance And Financial Advisors

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

EIN: 530232489 ✦ Arlington, VA ✦ Designated as a 501(c)(6)

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Overview

What is National Association Of Insurance And Financial Advisors?

The National Association of Insurance and Financial Advisors (NAIFA) is a prominent nonprofit organization headquartered in Arlington, Virginia. With a team of 59 dedicated individuals, NAIFA actively engages in advocacy, promoting a favorable legislative and regulatory environment for its members involved in insurance and financial services. They strive to enhance business and professional skills within the industry, and uphold ethical conduct among their members. NAIFA's efforts encompass coordinating lobbying initiatives, grassroots programs, public relations, and political education, aiming to safeguard and advance the interests of its members on both federal and state levels.


Official website here: www.naifa.org

Is National Association Of Insurance And Financial Advisors legitimate?

National Association Of Insurance And Financial Advisors is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Association Of Insurance And Financial Advisors 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: $1,208,358
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,836,003

For more financial information, click here


Official website here: www.naifa.org

What is the mission statement of National Association Of Insurance And Financial Advisors?

The National Association of Insurance and Financial Advisors (NAIFA) is committed to advocating for a favorable legislative and regulatory environment. Their mission encompasses enhancing the professional skills of its members and promoting ethical conduct within the industry. NAIFA actively engages in various initiatives to advance the interests of its members in the realm of insurance and financial services at both federal and state levels. This is achieved through coordinated lobbying efforts, grassroots programs, public relations, and political education.


Official website here: www.naifa.org

Who is the CEO of National Association Of Insurance And Financial Advisors?

Kevin M Mayeux is the Ceo of National Association Of Insurance And Financial Advisors. The CEO's salary of National Association Of Insurance And Financial Advisors is $646,089 and their total compensation is $672,069.


Official website here: www.naifa.org

What is the revenue of National Association Of Insurance And Financial Advisors?

National Association Of Insurance And Financial Advisors's revenue in 2022 was $10,491,477.


Official website here: www.naifa.org

Who are the executives of National Association Of Insurance And Financial Advisors and what are their salaries?

The average compensation at National Association Of Insurance And Financial Advisors during 2022 was $85,498. There are 59 employees and 119 volunteers at National Association Of Insurance And Financial Advisors.


Here are 25 key members and their salaries (National Association Of Insurance And Financial Advisors's CEO's salary is $646,089 and their total compensation is $672,069):


Kevin M Mayeux (Ceo)
  • Compensation: $646,089
  • Related: $0
  • Other: $25,980
Michael Gerber (Coo & General Counsel)
  • Compensation: $312,546
  • Related: $0
  • Other: $21,883
Erni Davis (Cfo)
  • Compensation: $180,884
  • Related: $0
  • Other: $17,014
Diane Boyle (Svp, Government Relations)
  • Compensation: $287,817
  • Related: $0
  • Other: $22,801
Phu Ngo (Vp, Technology)
  • Compensation: $186,884
  • Related: $0
  • Other: $19,068
Suzanne Carawan (Vp, Marketing & Communications)
  • Compensation: $189,195
  • Related: $0
  • Other: $8,252
Corey Mathews (Vp, Member & Chapter Services)
  • Compensation: $159,626
  • Related: $0
  • Other: $19,949
Karla Kirk (Vp, Growth & Revenue)
  • Compensation: $167,504
  • Related: $0
  • Other: $3,550
Tom Cothron (Secretary)
  • Compensation: $1,609
  • Related: $0
  • Other: $0
Larry Holzberg (President)
  • Compensation: $1,194
  • Related: $0
  • Other: $0
Bryon Holz (President-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brock Jolly (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Michel (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Acre (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George W Booker Ii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Cuccinelli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Gandy (Director)
  • Compensation: $487
  • Related: $0
  • Other: $0
Aprilyn Chavez Geissler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evelyn Gellar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Winona Havir (Director)
  • Compensation: $487
  • Related: $0
  • Other: $0
Jamie Hopkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Massey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny O'Connell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vince Vitiello (Director)
  • Compensation: $185
  • Related: $0
  • Other: $0
Brian Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.naifa.org

Where can I find the form 990 for National Association Of Insurance And Financial Advisors?

National Association Of Insurance And Financial Advisors's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.naifa.org

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

Mission Statement of National Association Of Insurance And Financial Advisors

The National Association of Insurance and Financial Advisors (NAIFA) is dedicated to advocating for a favorable legislative and regulatory environment, enhancing professional skills, and promoting ethical conduct among its members. In essence, this nonprofit organization works tirelessly to uphold the interests of its insurance and financial advisors by influencing policies at both the federal and state levels. This is achieved through various initiatives such as coordinating lobbying efforts, grassroots programs, public relations, and political education. By doing so, NAIFA ensures that the voices of its members are heard and their concerns are addressed in the realm of insurance and financial services. Furthermore, NAIFA is committed to fostering the growth and development of its members by offering resources for enhancing business and professional skills, thereby promoting a high standard of ethics within the industry.

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Impact




October, 2024

The National Association of Insurance and Financial Advisors (NAIFA) has a significant impact on both the insurance and financial services sectors. By advocating for a positive legislative and regulatory environment, NAIFA ensures that the voices of its members are heard at both federal and state levels, influencing policies that affect the industry. This advocacy involves coordinating lobbying efforts, grassroots programs, and public relations initiatives to effectively promote the interests of its members.

NAIFA also plays a crucial role in enhancing the business and professional skills of its members. Through various educational programs and resources, it helps insurance and financial advisors stay informed and skilled in an ever-evolving market. This professional development is vital in maintaining high standards and ethical conduct, which ultimately fosters trust and credibility within the industry.

Furthermore, NAIFA's commitment to promoting ethical conduct among its members strengthens the reputation of insurance and financial services. By emphasizing ethics, the organization not only uplifts its members but also contributes to a more transparent and accountable industry overall, benefiting consumers and professionals alike. Through these multifaceted efforts, NAIFA makes a lasting impact on the landscape of insurance and financial advising.




This information is meant to be a general summary of National Association Of Insurance And Financial Advisors. 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
$10,491,477 (2022)
Expenses
$11,122,423 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$47,727
  • Program Service Revenue: $9,084,726
  • Gross Receipts: $12,317,595

Assets and Liabilities:

  • Total Assets: $6,355,683
  • Total Liabilities: $4,013,540
  • Net Assets: $2,342,143

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Programs

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

MEMBERSHIP DUES

Revenue

$7,613,562

CHAPTER MANAGEMENT FEES

Revenue

$946,465

CONFERENCES AND MEETINGS

Revenue

$414,285

PUBLICATIONS

Revenue

$108,058

CERTIFICATION FEES

Revenue

$2,356

Organization Details

Founding Year

1921

Principal Officer

Kevin M Mayeux

Main Address

1000 WILSON BLVD 1890, ARLINGTON, VA, 22209

NTEE Category

Code: S41 - Community improvement

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