Overview
What is Florida Association Of Insurance Agents Inc?
The Florida Association of Insurance Agents Inc, headquartered in Tallahassee, Florida, is a nonprofit organization dedicated to serving both Florida insurance agents and consumers. The primary focus of their activities is to foster a thriving and competitive insurance environment. To achieve this, they allocate 20% of their resources towards an educational program, aiming to equip insurance agents with the necessary knowledge and skills to navigate the intricate and ever-evolving insurance industry. This is crucial as the industry is subject to constant changes due to state statutes and regulatory bodies. The association's mission is to ensure that agents are competent and well-equipped to meet the needs of their clients, thereby promoting a healthy insurance market in Florida. With a workforce of 33 individuals, the Florida Association of Insurance Agents Inc plays a significant role in supporting both the insurance industry and the consumers it serves.
Official website here: www.faia.com
Is Florida Association Of Insurance Agents Inc legitimate?
Florida Association Of Insurance Agents Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Florida Association Of Insurance Agents 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: $1,867,754
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,421,588
For more financial information, click here
Official website here: www.faia.com
What is the mission statement of Florida Association Of Insurance Agents Inc?
The Florida Association of Insurance Agents Inc has a mission to cater to the needs of both insurance agents and consumers in Florida. They aim to foster a thriving and competitive insurance environment. A significant portion of their resources is dedicated to an educational program, which comprises 20% of their expenses. This program is designed to provide ongoing education and training for insurance agents in Florida, as the insurance industry is complex and continually evolves due to state statutes and regulations. Continuous learning is crucial to ensure agents remain competent and updated in their field.
Official website here: www.faia.com
Who is the CEO of Florida Association Of Insurance Agents Inc?
Kyle Ulrich is the CEO of Florida Association Of Insurance Agents Inc The CEO's salary of Florida Association Of Insurance Agents Inc is $468,910 and their total compensation is $569,592.
Official website here: www.faia.com
What is the revenue of Florida Association Of Insurance Agents Inc?
Florida Association Of Insurance Agents Inc's revenue in 2023 was $8,138,451.
Official website here: www.faia.com
Who are the executives of Florida Association Of Insurance Agents Inc and what are their salaries?
The average compensation at Florida Association Of Insurance Agents Inc during 2023 was $137,056. There are 24 employees and 265 volunteers at Florida Association Of Insurance Agents Inc.
Here are 25 key members and their salaries (Florida Association Of Insurance Agents Inc's CEO's salary is $468,910 and their total compensation is $569,592):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $208,062
- Related: $0
- Other: $57,459
- Compensation: $468,910
- Related: $0
- Other: $100,682
- Compensation: $206,669
- Related: $0
- Other: $30,993
- Compensation: $205,864
- Related: $0
- Other: $63,624
- Compensation: $235,580
- Related: $0
- Other: $58,142
- Compensation: $116,490
- Related: $0
- Other: $19,941
- Compensation: $164,859
- Related: $0
- Other: $21,640
- Compensation: $115,643
- Related: $0
- Other: $29,673
- Compensation: $107,173
- Related: $0
- Other: $16,739
- Compensation: $106,376
- Related: $0
- Other: $23,610
Official website here: www.faia.com
Where can I find the form 990 for Florida Association Of Insurance Agents Inc?
Florida Association Of Insurance Agents Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.faia.com
Learn more at the official website: www.faia.com
Mission Statement of Florida Association Of Insurance Agents Inc
Florida Association of Insurance Agents Inc is dedicated to serving the needs of Florida's insurance agents and consumers. Their mission is to foster a healthy and competitive insurance environment by promoting relevant education and training for insurance agents in the state. Recognizing the intricate nature of the insurance industry, which is subject to frequent changes due to state statutes and regulators, the association invests 20% of its resources in an education program. This program aims to keep insurance agents competent and up-to-date, ensuring they are well-equipped to meet the needs of their clients.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Florida Association of Insurance Agents Inc plays a crucial role in shaping the insurance landscape in Florida. By focusing on the needs of insurance agents and consumers, the organization fosters a competitive and supportive environment essential for both sectors.
One of the key impacts of the association is its commitment to education and training for insurance agents. This program, which represents 20% of the association's expenses, addresses the complexities of the insurance industry, ensuring that agents remain knowledgeable and compliant with the ever-evolving state statutes and regulations. This continuous education not only enhances the competency of agents but also ultimately benefits consumers who rely on them for informed and reliable guidance.
Through its efforts, the association strengthens the overall insurance market in Florida, promoting ethical practices and improved service delivery, which in turn contributes to the financial well-being of consumers and the industry alike. Their mission to promote a healthy and competitive insurance environment is vital for the ongoing development and stability of the sector, enhancing both community trust and economic resilience within the state.
This information is meant to be a general summary of Florida Association Of Insurance Agents 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $254,462
- Program Service Revenue: $4,467,154
- Gross Receipts: $17,325,665
Assets and Liabilities:
- Total Assets: $19,355,911
- Total Liabilities: $2,348,470
- Net Assets: $17,007,441
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$2,291,295
CONVENTION FEES
Revenue
$1,187,235
REGISTRATION FEES
Revenue
$628,501
SPONSORSHIPS
Revenue
$336,610
CONVENTION FEES - UBIT
Revenue
$23,513
Organization Details
Founding Year
1904
Principal Officer
Kyle Ulrich
Website
www.faia.comNTEE Category
Code: S41 - Community improvement
If you are a representative of Florida Association Of Insurance Agents Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.