South Carolina Captive Insurance Association Inc

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

EIN: 571104208 ✦ Columbia, SC ✦ Designated as a 501(c)(6)

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Overview

What is South Carolina Captive Insurance Association Inc?

South Carolina Captive Insurance Association Inc is a nonprofit organization situated in Columbia, South Carolina. Their primary focus is on promoting the formation and growth of captive insurance programs within the state. They achieve this through educational meetings and seminars, serving as a platform for stakeholders in the captive insurance industry to learn, connect, and share insights. The organization's mission is to provide advocacy, promotion, and education, thereby contributing to the development and strength of the captive insurance sector in South Carolina.


Official website here: www.sccia.org

Is South Carolina Captive Insurance Association Inc legitimate?

South Carolina Captive Insurance Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. South Carolina Captive Insurance Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.sccia.org

What is the mission statement of South Carolina Captive Insurance Association Inc?

The South Carolina Captive Insurance Association Inc's mission is centered around promoting the establishment and expansion of captive insurance programs within South Carolina. Their primary objective is to provide advocacy, promotion, and education for the stakeholders in the local captive insurance industry. To accomplish this, they organize educational meetings and seminars to encourage the formation of captive insurance programs in the state.


Official website here: www.sccia.org

Who is the CEO of South Carolina Captive Insurance Association Inc?

Annie Wilson is the Chairman of South Carolina Captive Insurance Association Inc.


Official website here: www.sccia.org

What is the revenue of South Carolina Captive Insurance Association Inc?

South Carolina Captive Insurance Association Inc's revenue in 2022 was $212,939.


Official website here: www.sccia.org

Who are the executives of South Carolina Captive Insurance Association Inc and what are their salaries?


Here are 9 key members and their salaries:


Will Russell (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Legare W Gresham (Treasurer/Co)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Phillips (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Dyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Watson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annie Wilson (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Murray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Lobser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sccia.org

Where can I find the form 990 for South Carolina Captive Insurance Association Inc?

South Carolina Captive Insurance Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sccia.org

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

Mission Statement of South Carolina Captive Insurance Association Inc

South Carolina Captive Insurance Association Inc, a prominent organization in the captive insurance industry, is dedicated to three primary objectives. Firstly, it champions the establishment and expansion of captive insurance programs within the state of South Carolina. Secondly, it provides advocacy, promotion, and education for the stakeholders involved in this industry. Lastly, it conducts educational meetings and seminars to encourage the formation of captive insurance programs in South Carolina. The association's mission is to support and empower the captive insurance sector within the state, thereby contributing to its growth and success.

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Impact




October, 2024

The South Carolina Captive Insurance Association Inc plays a crucial role in fostering the formation and growth of captive insurance programs within the state. By organizing educational meetings and seminars, it effectively raises awareness and provides crucial knowledge on captive insurance, which can lead to significant financial benefits for businesses.

Its mission focuses on advocacy, promotion, and education, supporting stakeholders in the South Carolina captive insurance industry. This engagement not only enhances the understanding and use of captive insurance as a risk management tool but also contributes to the overall economic development of the state by attracting new businesses and enhancing existing ones.

The association’s efforts help establish South Carolina as a competitive jurisdiction for captive insurance, further solidifying its position in the national market. Through its initiatives, the South Carolina Captive Insurance Association Inc bolsters collaboration among industry professionals, leading to innovation and improved practices that benefit the entire sector.




This information is meant to be a general summary of South Carolina Captive Insurance Association 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
$212,939 (2022)
Expenses
$183,462 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $919
  • Program Service Revenue: $211,970
  • Gross Receipts: $212,939

Assets and Liabilities:

  • Total Assets: $429,343
  • Total Liabilities: $3,335
  • Net Assets: $426,008

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Programs

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

MEETINGS

Revenue

$116,420

MEMBERSHIP DUES

Revenue

$87,750

FRIENDLY SOCIETY

Revenue

$7,800

Organization Details

Founding Year

2000

Principal Officer

Annie Wilson

Main Address

POST OFFICE BOX 1763, COLUMBIA, SC, 29202

NTEE Category

Code: Y20 - Mutual benefit

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