Overview
What is Windstorm Insurance Network Inc?
Windstorm Insurance Network Inc, located in Alexandria, Virginia, serves as a platform for fostering discussions and sharing knowledge among insurance agents, adjustors, and other professionals engaged in windstorm insurance matters. The organization hosts an annual conference, attracting over 1,100 attendees, to provide educational seminars, certification workshops, and networking opportunities. Its primary focus is to offer insight and education on various aspects of property insurance claims related to windstorms. By doing so, Windstorm Insurance Network Inc aims to contribute to the betterment of the industry, helping professionals stay informed and navigate challenges effectively.
Official website here: www.windnetwork.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Overall, Windstorm Insurance Network Inc has received a two-star rating with a score of 69%. This rating indicates that while the organization demonstrates some strengths, particularly in governance and financial health, there are critical areas that require attention and improvement to enhance transparency and accountability.
The organization excels in having a fully independent board with 100% independent members and a solid program expense ratio of 77.63%, suggesting a strong commitment to its mission. However, significant shortcomings are noted, including missing financial statements and lack of key policies such as conflict of interest and whistleblower protections, which detract from its overall accountability.
Moreover, while the organization does maintain documentation for board meeting minutes, the absence of a publicly accessible tax form and other critical financial disclosures limits transparency. Addressing these limitations could help Windstorm Insurance Network Inc improve its rating and better instill trust among its supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Windstorm Insurance Network Inc legitimate?
Windstorm Insurance Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Windstorm Insurance Network 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.
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For more financial information, click here
Official website here: www.windnetwork.com
What is the mission statement of Windstorm Insurance Network Inc?
Windstorm Insurance Network Inc is committed to serving as a platform for discussions on windstorm insurance issues. Their primary goal is to educate and provide insight to individuals and groups involved in various aspects of property insurance claims. This organization facilitates an annual conference, attracting over 1,100 industry professionals, where they offer educational programming, certification workshops, and networking opportunities.
Official website here: www.windnetwork.com
Who is the CEO of Windstorm Insurance Network Inc?
David Cowheard is the President of Windstorm Insurance Network Inc.
Official website here: www.windnetwork.com
What is the revenue of Windstorm Insurance Network Inc?
Windstorm Insurance Network Inc's revenue in 2023 was $1,156,275.
Official website here: www.windnetwork.com
Who are the executives of Windstorm Insurance Network Inc and what are their salaries?
There 17 volunteers at Windstorm Insurance Network Inc.
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Official website here: www.windnetwork.com
Where can I find the form 990 for Windstorm Insurance Network Inc?
Windstorm Insurance Network Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.windnetwork.com
Learn more at the official website: www.windnetwork.com
Mission Statement of Windstorm Insurance Network Inc
Windstorm Insurance Network Inc serves as a platform, fostering discussions among insurance agents and adjustors regarding windstorm insurance matters. The primary objective of this organization is to impart knowledge and education to individuals engaged in various aspects of property insurance claims. By bringing together over 1,100 industry professionals annually, Windstorm Insurance Network Inc offers an ideal setting for educational programming, certification workshops, and networking opportunities. Through these initiatives, the organization aims to enrich the understanding and expertise of professionals in the field, ultimately contributing to the betterment of the property insurance claims process.
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Impact
July, 2024
Windstorm Insurance Network Inc, through its activities and initiatives, plays a significant role in providing a platform for insurance agents and adjustors to engage in discussions related to windstorm insurance issues. By offering valuable insights and education to individuals and groups involved in property insurance claims, the organization helps improve understanding and knowledge within the industry. WIND's annual conference, which attracts over 1,100 industry professionals, serves as a key event for networking, educational programming, and certification workshops. Overall, Windstorm Insurance Network Inc's impact lies in fostering collaboration, knowledge sharing, and professional development within the insurance industry, particularly in the realm of windstorm insurance.
This information is meant to be a general summary of Windstorm Insurance Network 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: $4,839
- Program Service Revenue: $1,049,726
- Gross Receipts: $1,156,275
Assets and Liabilities:
- Total Assets: $899,238
- Total Liabilities: $83,525
- Net Assets: $815,713
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Conference
Revenue
$1,001,326
Certification
Revenue
$48,400
Organization Details
Founding Year
1999
Phone
(202) 659-6622Principal Officer
David Cowheard
Main Address
2800 Eisenhower Avenue, Alexandria, VA, 22314
Website
www.windnetwork.comNTEE Category
Code: S034 - Community improvement
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