Overview
What is Group Underwriters Association Of America?
The Group Underwriters Association of America is a nonprofit organization based in Birmingham, Alabama. Its primary objective is to promote the common business interests and enhance the business conditions of individuals involved in underwriting group life and health benefit plans. This is achieved through various means, such as conducting workshops, lectures, and meetings on topics of interest in the field. The association also fosters a close-knit community among its members, encouraging cooperation and mutual understanding. To uphold ethical and professional standards, the organization provides a platform for open communication and idea exchange with peers in the same field. Furthermore, the Group Underwriters Association of America aims to increase public understanding and appreciation of the importance and services rendered by underwriters, disseminating relevant information through newsletters.
Official website here: www.guaa.com
Is Group Underwriters Association Of America legitimate?
Group Underwriters Association Of America is a legitimate nonprofit organization registered as a 501(c)(6) entity. Group Underwriters Association Of America 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.
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Official website here: www.guaa.com
What is the mission statement of Group Underwriters Association Of America?
The Group Underwriters Association of America is established with the primary objective of promoting the common business interests and enhancing the business conditions of individuals engaged in the industry of underwriting group life and health benefit plans. The association achieves this goal by conducting workshops, lectures, and meetings to study, analyze, and discuss topics related to underwriting. These events provide a platform for members and industry experts to share insights and ideas. The association also fosters a closer relationship among its members, encouraging cooperation and understanding within the underwriting profession. It encourages a high standard of ethics and professionalism, believing that association and communication with peers enhance the quality and standards of the field. Lastly, the association aims to increase public understanding and appreciation of the need for and services rendered by underwriters, distributing relevant information through newsletters.
Official website here: www.guaa.com
Who is the CEO of Group Underwriters Association Of America?
Christopher Howley is the Treasurer of Group Underwriters Association Of America.
Official website here: www.guaa.com
What is the revenue of Group Underwriters Association Of America?
Group Underwriters Association Of America's revenue in 2022 was $143,907.
Official website here: www.guaa.com
Who are the executives of Group Underwriters Association Of America and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.guaa.com
Where can I find the form 990 for Group Underwriters Association Of America?
Group Underwriters Association Of America's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.guaa.com
Learn more at the official website: www.guaa.com
Mission Statement of Group Underwriters Association Of America
Group Underwriters Association of America, as an organization, is dedicated to fostering the shared business interests and improving the operational conditions of individuals engaged in the field of group life and health benefit plans underwriting. Their primary mission is threefold:
Firstly, they promote the study, analysis, and discussion of matters relating to group life and health benefit plans. This is accomplished through conducting workshops and lectures on relevant topics, hosting a minimum of three such meetings annually, and providing supplemental information between meetings through a quarterly newsletter. The organization encourages active participation from members and invites guest speakers and industry experts for panel discussions and lectures.
Secondly, Group Underwriters Association of America strives to foster a closer relationship among its members, fostering a friendly spirit of cooperation and a better understanding of underwriting. They create an environment for the free exchange of ideas during workshops and meetings, with specialty committees conducting workshops and open-format discussions.
Thirdly, the association encourages a high standard of ethics and professionalism within the underwriting profession. They believe that such association and communication with individuals in the same field doing similar work enhances the quality and standards of the profession. Furthermore, they aim to further public understanding and appreciation of the need for and services rendered by underwriters, disseminating relevant information to members' offices, employees, agents, and clients through newsletters.
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Impact
October, 2024
The Group Underwriters Association of America significantly enhances the landscape of group life and health benefit underwriting through a multifaceted approach. By promoting study and discussion on mutual interests, the organization organizes workshops and lectures, ensuring that its members stay informed about critical topics in the field. Holding a minimum of three meetings a year, it not only facilitates knowledge sharing but also fosters camaraderie among professionals, creating a collaborative environment conducive to idea exchange.
Additionally, the association emphasizes high ethical standards and professionalism in underwriting, believing that regular interaction and communication among members elevate the overall quality of the profession. Through its initiatives, it encourages members to uphold these values and share best practices. Furthermore, the organization enhances public understanding of the underwriting profession, disseminating relevant information to members' offices, employees, agents, and clients via its quarterly newsletter.
In essence, the Group Underwriters Association of America plays a crucial role in improving business conditions, promoting ethical practices, enhancing communication, and fostering professional growth within the underwriting community.
This information is meant to be a general summary of Group Underwriters Association Of America. 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 2022.
- Investment Income: $76
- Program Service Revenue: $143,831
- Gross Receipts: $143,907
Assets and Liabilities:
- Total Assets: $408,420
- Total Liabilities: $0
- Net Assets: $408,420
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEETING FEES
Revenue
$143,831
Organization Details
Founding Year
1975
Phone
(312) 636-0089Principal Officer
Christopher Howley
Main Address
PO BOX 380084, BIRMINGHAM, AL, 35238
Website
www.guaa.comNTEE Category
Code: Y20 - Mutual benefit
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