Overview
What is Florida Insurance Council Inc?
Florida Insurance Council Inc is a nonprofit organization situated in Tallahassee, Florida. Its primary mission is to advocate for and promote the insurance industry within the state. They achieve this through various means, including seminars, workshops, and educational programs designed to educate both their members and the general public on industry-related issues. The Council is committed to upholding high ethical standards and professionalism, fostering a positive image of the insurance community, and ensuring the viability of the insurance market. Additionally, they strive to gain consumer confidence and trust by representing the industry before consumer, legislative, regulatory, and judiciary organizations. With a modest workforce of three individuals, the Florida Insurance Council Inc continues to contribute to the insurance sector in Florida.
Official website here: www.flains.org
Is Florida Insurance Council Inc legitimate?
Florida Insurance Council Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Florida Insurance Council 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: $476,268
Professional Fundraising Fees: $0
Other Salaries and Wages: $331,004
For more financial information, click here
Official website here: www.flains.org
What is the mission statement of Florida Insurance Council Inc?
The Florida Insurance Council Inc's mission involves promoting the insurance industry through education, public relations, and legislative and regulatory representation. They aim to provide value through education, research, and representation before consumer, legislative, regulatory, and judicial organizations. The council is dedicated to upholding the highest standards of business ethics and professionalism, promoting and protecting the viability of the insurance market, earning consumer confidence and trust, and fostering a positive public image of the insurance community.
Official website here: www.flains.org
What is the revenue of Florida Insurance Council Inc?
Florida Insurance Council Inc's revenue in 2023 was $1,699,029.
Official website here: www.flains.org
Who are the executives of Florida Insurance Council Inc and what are their salaries?
The average compensation at Florida Insurance Council Inc during 2023 was $269,091. There are 3 employees and 36 volunteers at Florida Insurance Council Inc.
Here are 38 key members and their salaries:
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Official website here: www.flains.org
Where can I find the form 990 for Florida Insurance Council Inc?
Florida Insurance Council Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.flains.org
Learn more at the official website: www.flains.org
Mission Statement of Florida Insurance Council Inc
Florida Insurance Council, as an organization, is committed to promoting the insurance industry in the state through various means. Its mission involves education, public relations, and representation in legislative and regulatory arenas. The council strives to provide value to consumers, legislative bodies, regulatory organizations, and judiciary bodies through education, research, and representation. The Florida Insurance Council is dedicated to upholding the highest standards of business ethics and professionalism. It aims to promote and protect the viability of the insurance market while earning consumer confidence and trust. Furthermore, the council is determined to foster a positive public image of the insurance community.
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Impact
October, 2024
Florida Insurance Council Inc plays a crucial role in advancing the insurance industry within the state. By focusing on education, public relations, and advocacy, the Council ensures that both industry members and the general public are well-informed about key issues affecting the insurance sector.
Through seminars and workshops, the Council not only enhances the knowledge of its members but also engages the community at large, providing valuable insights into the complexities of insurance. This educational approach is essential for fostering a better understanding of insurance products and practices, ultimately leading to more informed consumer decisions.
Moreover, the Council actively represents the interests of the insurance industry before legislative and regulatory bodies. This representation is vital for shaping policies that impact the insurance market, helping to create a favorable business environment while maintaining high standards of business ethics and professionalism.
By promoting and protecting the viability of the insurance market, Florida Insurance Council Inc works to earn consumer confidence and trust. Their commitment to fostering a positive public image of the insurance community strengthens the industry's reputation and encourages collaboration among stakeholders.
Overall, the impact of Florida Insurance Council Inc is seen in its dedication to enhancing the insurance landscape in Florida, ensuring that it remains responsive, sustainable, and customer-focused.
This information is meant to be a general summary of Florida Insurance Council 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: $20,965
- Program Service Revenue: $1,670,852
- Gross Receipts: $1,699,029
Assets and Liabilities:
- Total Assets: $1,287,535
- Total Liabilities: $302,209
- Net Assets: $985,326
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,559,397
SEMINARS AND WORKSHOPS
Revenue
$106,455
SALES
Revenue
$5,000
Organization Details
Founding Year
1962
Principal Officer
Cecil Pearce
Website
www.flains.orgNTEE Category
Code: S41 - Community improvement
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