Independent Insurance Agents And Brokers Of South Carolina

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

EIN: 570248455 ✦ Columbia, SC ✦ Designated as a 501(c)(6)

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Overview

What is Independent Insurance Agents And Brokers Of South Carolina?

Independent Insurance Agents and Brokers of South Carolina is a nonprofit organization situated in Columbia, South Carolina. Its primary mission is to serve and advocate for the interests of independent insurance agents within the state's industry, engaging with both the public and legislature. The organization provides valuable education and professional development opportunities to its members, hosting a variety of classes in 2022, including regular education sessions, CISR workshops, and CIC courses, attracting a combined total of 600 attendees. With a team of 8 dedicated individuals, Independent Insurance Agents and Brokers of South Carolina plays a significant role in fostering a collaborative environment and advancing the knowledge and skills of its members in the ever-evolving insurance industry.


Official website here: www.iiabsc.com

What do the Facebook reviews say about Independent Insurance Agents And Brokers Of South Carolina?

94% of the 5 reviewers on Facebook recommend this organization. Here's a summary of their insights:

Many users express high satisfaction with the support provided by the Independent Insurance Agents and Brokers of South Carolina (IIABSC). Reviewers highlight the significant help the organization offers to agencies, praising its resources and assistance. The sentiment suggests that IIABSC effectively addresses the needs of its members and contributes positively to their operations.

Overall, the feedback reflects a strong endorsement of IIABSC's commitment to enhancing the insurance industry in South Carolina, showcasing its impact on member agencies.


This AI summary has been generated from reviews found on Facebook.

Is Independent Insurance Agents And Brokers Of South Carolina legitimate?

Independent Insurance Agents And Brokers Of South Carolina is a legitimate nonprofit organization registered as a 501(c)(6) entity. Independent Insurance Agents And Brokers Of South Carolina 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: $108,691
Professional Fundraising Fees: $0
Other Salaries and Wages: $350,773

For more financial information, click here


Official website here: www.iiabsc.com

What is the mission statement of Independent Insurance Agents And Brokers Of South Carolina?

The Independent Insurance Agents and Brokers of South Carolina, as a filing organization, is dedicated to promoting, educating, and advocating for the common business interests of independent insurance agents in the industry. It aims to keep its members informed on relevant industry topics through sponsored activities. The organization's primary objective is to represent these agents effectively before the public and legislature, ensuring their collective interests are well-represented.


Official website here: www.iiabsc.com

Who is the CEO of Independent Insurance Agents And Brokers Of South Carolina?

G Frank Sheppard is the Chairman of Independent Insurance Agents And Brokers Of South Carolina.


Official website here: www.iiabsc.com

What is the revenue of Independent Insurance Agents And Brokers Of South Carolina?

Independent Insurance Agents And Brokers Of South Carolina's revenue in 2022 was $1,791,575.


Official website here: www.iiabsc.com

Who are the executives of Independent Insurance Agents And Brokers Of South Carolina and what are their salaries?

The average compensation at Independent Insurance Agents And Brokers Of South Carolina during 2022 was $57,433. There are 8 employees at Independent Insurance Agents And Brokers Of South Carolina.


Here are 15 key members and their salaries:


Tonya S Thomason (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
James G Taylor Jr (Past Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert E Nalley (Chair Elect Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angus M Brabham Iv (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Ashley Brady (National Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura A Bryant (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexander Z Galloway (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William M Hamer (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren T Huffman (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Lynn (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renado Robinson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Spence (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie B Turner (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard L Walker (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
G Frank Sheppard (President)
  • Compensation: $120,344
  • Related: $0
  • Other: $0


Official website here: www.iiabsc.com

Where can I find the form 990 for Independent Insurance Agents And Brokers Of South Carolina?

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


Official website here: www.iiabsc.com

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

Mission Statement of Independent Insurance Agents And Brokers Of South Carolina

The Independent Insurance Agents and Brokers of South Carolina, for short, is an organization devoted to serving its members, who are independent insurance agents in the state. Its fundamental purpose and objective are to advocate, educate, and represent the shared business interests of these agents within the industry, as well as towards the public and legislature. The activities sponsored by this organization aim to keep its members informed on current topics relevant to the insurance industry, thereby empowering them to excel in their respective fields.

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Impact




October, 2024

Independent Insurance Agents And Brokers Of South Carolina plays a crucial role in supporting and advancing the interests of independent insurance agents throughout the state. By providing valuable membership services, the organization fosters a sense of community among agents, facilitating collaboration and shared learning.

In 2022, the organization delivered a comprehensive educational program that included 48 regular classes and specialized sessions such as the Certified Insurance Service Representative (CISR) and the Certified Insurance Counselor (CIC) programs. These initiatives saw a significant turnout, with over 1,300 attendees participating, demonstrating the commitment of agents to professional development and adherence to continuing education requirements.

The organization's mission extends beyond mere education; it actively promotes the interests of its members by engaging with the public and legislative bodies. Through its programs and resources, Independent Insurance Agents And Brokers of South Carolina provides agents with the knowledge and advocacy they need to thrive in a dynamic industry, thereby enhancing the overall quality of service provided to consumers.

In summary, the organization's impact is evident in its dedication to professional growth, its creation of a supportive network, and its representation of insurance agents' interests, which ultimately leads to improved service standards within the industry and benefits for the wider community in South Carolina.




This information is meant to be a general summary of Independent Insurance Agents And Brokers Of South Carolina. 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
$1,791,575 (2022)
Expenses
$1,749,485 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $17,808
  • Program Service Revenue: $1,167,596
  • Gross Receipts: $1,925,291

Assets and Liabilities:

  • Total Assets: $2,181,928
  • Total Liabilities: $202,590
  • Net Assets: $1,979,338

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Programs

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

Conferences and conventions

Revenue

$541,543

Education services

Revenue

$344,283

Administrative and support services

Revenue

$281,770

Organization Details

Founding Year

1992

Principal Officer

G Frank Sheppard

Main Address

800 Gracern Rd, Columbia, SC, 29210

NTEE Category

Code: S41 - Community improvement

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