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Trusted Choice Inc

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

EIN: 542052195 ✦ Alexandria, VA ✦ Designated as a 501(c)(6)

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Overview

What is Trusted Choice Inc?

Trusted Choice Inc is a brand established solely for Big "I" members, aiming to enlighten consumers on the advantages of working with independent insurance agents. Based in Alexandria, Virginia, this initiative emphasizes the benefits of choice, customization, and advocacy offered by independent agents. The primary mission of Trusted Choice is to educate consumers, highlighting the unique advantages of utilizing an independent insurance broker when purchasing insurance.


Official website here: www.trustedchoice.com

Is Trusted Choice Inc legitimate?

Trusted Choice Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Trusted Choice 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: $211,788
Professional Fundraising Fees: $0
Other Salaries and Wages: $570,494

For more financial information, click here


Official website here: www.trustedchoice.com

What is the mission statement of Trusted Choice Inc?

Trusted Choice Inc, through its unifying brand, aims to educate consumers about the benefits of utilizing an independent insurance agent or broker when purchasing insurance. This brand, exclusive to Big "I" members, serves to highlight the strengths of independent insurance agents, emphasizing their ability to offer choice, customization, and advocacy. The mission of Trusted Choice Inc is not to provide market access, but to showcase the advantages of employing an independent agent, thereby empowering consumers to make informed decisions in their insurance purchases.


Official website here: www.trustedchoice.com

Who is the CEO of Trusted Choice Inc?

Charles E Symington Jr is the Principal Officer of Trusted Choice Inc.


Official website here: www.trustedchoice.com

What is the revenue of Trusted Choice Inc?

Trusted Choice Inc's revenue in 2022 was $4,862,551.


Official website here: www.trustedchoice.com

Who are the executives of Trusted Choice Inc and what are their salaries?

There 9 volunteers at Trusted Choice Inc.


Here are 12 key members and their salaries:


Jon Jensen (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Stanford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Schlitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Simon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Nitsche (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Greer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Burkhart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Barbour (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert A Rusbuldt (President)
  • Compensation: $99,636
  • Related: $1,161,981
  • Other: $46,939
Eugene S Cocke (Cfo)
  • Compensation: $52,321
  • Related: $345,173
  • Other: $54,096
Scott D Kneeland (Chief Counsel/Secretary)
  • Compensation: $34,465
  • Related: $227,375
  • Other: $41,838
Kevin Brandt (Vice President)
  • Compensation: $191,282
  • Related: $0
  • Other: $18,185


Official website here: www.trustedchoice.com

Where can I find the form 990 for Trusted Choice Inc?

Trusted Choice Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.trustedchoice.com

Learn more at the official website: www.trustedchoice.com

Mission Statement of Trusted Choice Inc

Trusted Choice Inc, as a unifying brand, is dedicated to educating consumers about the advantages of working with an independent insurance agent or broker when purchasing insurance. Their mission is to highlight the unique benefits that independent agents offer, such as choice, customization, and advocacy. This brand does not serve as a market access program but instead exists to emphasize the strengths of independent insurance agents, empowering consumers to make informed decisions when it comes to their insurance needs.

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Impact




October, 2024

Trusted Choice Inc plays a pivotal role in enhancing consumer awareness and understanding of the benefits associated with independent insurance agents and brokers. By serving as a national marketing brand, it effectively educates consumers on the unique advantages offered by independent agents, such as choice, customization, and advocacy. This initiative not only empowers individuals to make informed decisions when purchasing insurance but also strengthens the position of independent agents within the industry.

By facilitating a clearer understanding of their value, Trusted Choice enhances the overall insurance purchasing experience, promoting community improvement through informed consumerism. This unifying brand fosters trust and transparency, ensuring that consumers recognize the critical role independent agents play in navigating the complexities of insurance markets, ultimately contributing to a more informed and engaged society in matters of personal and financial protection.




This information is meant to be a general summary of Trusted Choice 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
$4,862,551 (2022)
Expenses
$5,074,383 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,661
  • Program Service Revenue: $4,758,890
  • Gross Receipts: $4,862,551

Assets and Liabilities:

  • Total Assets: $3,003,484
  • Total Liabilities: $1,752,386
  • Net Assets: $1,251,098

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Programs

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

MEMBERSHIP DUES

Revenue

$4,758,890

Organization Details

Founding Year

2001

Principal Officer

Charles E Symington Jr

Main Address

127 SOUTH PEYTON ST, ALEXANDRIA, VA, 22314

NTEE Category

Code: S41 - Community improvement

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