Independent Insurance Agents Of North Carolina Inc

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

EIN: 560340370 ✦ Cary, NC ✦ Designated as a 501(c)(6)

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Overview

What is Independent Insurance Agents Of North Carolina Inc?

Independent Insurance Agents of North Carolina Inc, based in Cary, North Carolina, serves as an advocate and support system for independent insurance agents in the state. Their mission is to fulfill the business and professional needs of their members by providing educational resources, insurance programs, industry representation, and various member services. The association aims to promote and protect the independent agency system, acting as a vital platform for its members' growth and success in the insurance industry.


Official website here: www.iianc.com

Is Independent Insurance Agents Of North Carolina Inc legitimate?

Independent Insurance Agents Of North Carolina Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Independent Insurance Agents Of North Carolina 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: $128,491
Professional Fundraising Fees: $0
Other Salaries and Wages: $545,095

For more financial information, click here


Official website here: www.iianc.com

What is the mission statement of Independent Insurance Agents Of North Carolina Inc?

The Independent Insurance Agents of North Carolina Inc, as an association, has a mission to advocate for independent insurance agents in North Carolina. Its primary objective is to fulfill the business and professional needs of its members by providing them with education, insurance programs, industry representation, and various member services. The association's mission is also geared towards advocating for the independent agency system, thereby supporting its members effectively.


Official website here: www.iianc.com

Who is the CEO of Independent Insurance Agents Of North Carolina Inc?

Aubie Knight is the Chief Executive Officer of Independent Insurance Agents Of North Carolina Inc. The CEO's salary of Independent Insurance Agents Of North Carolina Inc is $0 and their total compensation is $514,037.


Official website here: www.iianc.com

What is the revenue of Independent Insurance Agents Of North Carolina Inc?

Independent Insurance Agents Of North Carolina Inc's revenue in 2022 was $4,078,379.


Official website here: www.iianc.com

Who are the executives of Independent Insurance Agents Of North Carolina Inc and what are their salaries?

There 15 volunteers at Independent Insurance Agents Of North Carolina Inc.


Here are 20 key members and their salaries (Independent Insurance Agents Of North Carolina Inc's CEO's salary is $0 and their total compensation is $514,037):


Daniel Cook (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle O'Conner (Chairman Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karl Sherrill (Treasurer / Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Salmon (National Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Monty Ross Jr (Immediate Past Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
John E Robinson (Director - District One)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wortham Boyle (Director - District Two)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Fentress (Director - District Three)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deidre Rushin (Director - At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Stroud Jr (Director - At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Bailey (Director - At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Rhodes (Director - At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Tedder Jr (Director - At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard L Garner Iii (Director - At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Landon Bentham (Ilead Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aubie Knight (Chief Executive Officer)
  • Compensation: $0
  • Related: $466,194
  • Other: $47,843
Brad Faulkner (Chief Financial Officer)
  • Compensation: $0
  • Related: $131,046
  • Other: $24,050
Lisa Weatherly (Agency Manager)
  • Compensation: $0
  • Related: $111,747
  • Other: $20,974
Rebecca Shigley (Chief Operating Officer)
  • Compensation: $0
  • Related: $179,964
  • Other: $30,471
Joe Stewart (Vice President, Government)
  • Compensation: $0
  • Related: $154,928
  • Other: $26,503


Official website here: www.iianc.com

Where can I find the form 990 for Independent Insurance Agents Of North Carolina Inc?

Independent Insurance Agents Of North Carolina Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.iianc.com

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

Mission Statement of Independent Insurance Agents Of North Carolina Inc

Independent Insurance Agents of North Carolina Inc is dedicated to advocating for the independent insurance agent system and catering to the business and professional needs of its members. The mission of this association is multifaceted, aiming to promote the independent agency system while fulfilling the various requirements of its members. To accomplish this, the association provides a range of services, including educational programs, insurance offerings, and member services, all designed to support and empower its members in their professional endeavors.

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Impact




October, 2024

Independent Insurance Agents of North Carolina Inc plays a vital role in supporting and advocating for the interests of independent insurance agents across the state. By providing education and specialized insurance programs, the association empowers its members to enhance their professional capabilities and stay informed about industry trends.

Additionally, through industry representation, the organization actively voices the concerns and needs of independent agents, ensuring that their perspectives are considered in legislative and regulatory matters. The array of member services offered further strengthens the independent agency system, helping agents to operate efficiently and effectively in a competitive market. Overall, the association significantly contributes to the professional growth and sustainability of independent insurance agents in North Carolina.




This information is meant to be a general summary of Independent Insurance Agents Of North Carolina 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
$4,078,379 (2022)
Expenses
$3,353,133 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $36,007
  • Program Service Revenue: $3,800,804
  • Gross Receipts: $4,078,912

Assets and Liabilities:

  • Total Assets: $11,020,341
  • Total Liabilities: $1,056,865
  • Net Assets: $9,963,476

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Programs

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

MEMBER DUES

Revenue

$1,021,513

CONVENTION FEES

Revenue

$989,370

PUBLIC EDUCATION

Revenue

$866,750

EDUCATIONAL PROGRAMS

Revenue

$856,643

TRUSTED CHOICE INCOME

Revenue

$60,000

Organization Details

Founding Year

1938

Principal Officer

Aubie Knight

Main Address

101 WESTON OAKS COURT, CARY, NC, 27513

NTEE Category

Code: Y20 - Mutual benefit

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