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Professional Insurance Agents Assoc Of Virginia And The District Of Columbia

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

EIN: 546039747 ✦ Glen allen, VA ✦ Designated as a 501(c)(6)

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Overview

What is Professional Insurance Agents Assoc Of Virginia And The District Of Columbia?

Professional Insurance Agents Assoc of Virginia and the District of Columbia is a nonprofit organization situated in Glen Allen, Virginia. With a team of seven dedicated individuals, their primary focus is on educating insurance professionals. They conduct educational courses, seminars, and programs throughout Virginia and the District of Columbia to stimulate interest in insurance-related issues. The association was established with the mission to provide education for its members, safeguard the ownership rights of business produced by its members, uphold high ethical standards within the insurance industry, and disseminate relevant information to the public.


Official website here: www.piavadc.com

Is Professional Insurance Agents Assoc Of Virginia And The District Of Columbia legitimate?

Professional Insurance Agents Assoc Of Virginia And The District Of Columbia is a legitimate nonprofit organization registered as a 501(c)(6) entity. Professional Insurance Agents Assoc Of Virginia And The District Of Columbia 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: $132,707
Professional Fundraising Fees: $0
Other Salaries and Wages: $208,128

For more financial information, click here


Official website here: www.piavadc.com

What is the mission statement of Professional Insurance Agents Assoc Of Virginia And The District Of Columbia?

The Professional Insurance Agents Assoc of Virginia and the District of Columbia was established with the primary objective of educating insurance professionals. Their mission encompasses protecting the ownership rights of the business produced by its members, promoting ethical standards within the insurance industry, and disseminating relevant information to the public. To achieve these goals, the association conducts educational courses and seminars throughout the region, aiming to stimulate interest in insurance-related issues and equip members with the necessary knowledge.


Official website here: www.piavadc.com

Who is the CEO of Professional Insurance Agents Assoc Of Virginia And The District Of Columbia?

Sheryl Chasse is the Immediate Past President of Professional Insurance Agents Assoc Of Virginia And The District Of Columbia.


Official website here: www.piavadc.com

What is the revenue of Professional Insurance Agents Assoc Of Virginia And The District Of Columbia?

Professional Insurance Agents Assoc Of Virginia And The District Of Columbia's revenue in 2022 was $1,054,211.


Official website here: www.piavadc.com

Who are the executives of Professional Insurance Agents Assoc Of Virginia And The District Of Columbia and what are their salaries?

The average compensation at Professional Insurance Agents Assoc Of Virginia And The District Of Columbia during 2022 was $48,691. There are 7 employees at Professional Insurance Agents Assoc Of Virginia And The District Of Columbia.


Here are 10 key members and their salaries:


Carla Jean Marks (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua T Sojda (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald F Hemphill (National Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard L Moore (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David L Comey (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel K Frazier (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Potthast (First Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon S Springer (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Walker (Second Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin P Kowar (Association Executive)
  • Compensation: $125,483
  • Related: $0
  • Other: $7,224


Official website here: www.piavadc.com

Where can I find the form 990 for Professional Insurance Agents Assoc Of Virginia And The District Of Columbia?

Professional Insurance Agents Assoc Of Virginia And The District Of Columbia's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.piavadc.com

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

Mission Statement of Professional Insurance Agents Assoc Of Virginia And The District Of Columbia

The Professional Insurance Agents Assoc of Virginia and the District of Columbia, often referred to as PIAA, was established with a mission to serve and educate insurance professionals. Its primary objective is to provide educational opportunities for its members, ensuring they stay updated on industry trends and developments. Additionally, PIAA aims to protect the ownership rights of the business that its members produce, fostering a sense of security and stability within the insurance industry.

Beyond education and protection, PIAA also strives to promote high ethical standards and ideals within the insurance sector. It does this by disseminating relevant information to the public, thereby enhancing their understanding of insurance-related matters. To accomplish these goals, PIAA organizes educational courses, seminars, and programs throughout Virginia and the District of Columbia. These events not only educate insurance professionals but also stimulate interest in insurance issues, ultimately benefiting both the industry and the public.

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Impact




October, 2024

The Professional Insurance Agents Association of Virginia and the District of Columbia significantly impacts the insurance landscape by providing essential educational resources for insurance professionals. Through a variety of educational courses, programs, and seminars held throughout Virginia and D.C., the organization fosters a deeper understanding of insurance issues and promotes ongoing professional development.

By emphasizing education, the association strengthens the competence and integrity of its members, ensuring they are well-equipped to navigate the complexities of the insurance industry. Additionally, by advocating for the protection of members' ownership rights related to the business they generate, the association supports a fair and competitive environment for insurance agents.

The promotion of high ideals within the insurance sector encourages ethical practices, benefiting both professionals and consumers. Furthermore, the dissemination of relevant information to the public enhances awareness and understanding of insurance issues, contributing to an informed community. Ultimately, the Professional Insurance Agents Association plays a crucial role in elevating industry standards and encouraging continuous improvement within the insurance profession.




This information is meant to be a general summary of Professional Insurance Agents Assoc Of Virginia And The District Of Columbia. 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
$1,054,211 (2022)
Expenses
$978,891 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $40,580
  • Program Service Revenue: $871,423
  • Gross Receipts: $1,054,211

Assets and Liabilities:

  • Total Assets: $152,424
  • Total Liabilities: $179,382
  • Net Assets: -$26,958

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Programs

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

EDUCATIONAL ACTIVITY

Revenue

$548,313

ADMINISTRATIVE

Revenue

$126,000

CONFERENCES

Revenue

$108,410

MANAGEMENT FEE

Revenue

$77,500

PUBLICATIONS

Revenue

$11,200

Organization Details

Founding Year

1936

Principal Officer

Sheryl Chasse

Main Address

1059 TECHNOLOGY PARK DRIVE, GLEN ALLEN, VA, 23059

NTEE Category

Code: S41 - Community improvement

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