Professional Insurance Agents Of Indiana Inc

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

EIN: 610862228 ✦ Indianapolis, IN ✦ Designated as a 501(c)(6)

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Overview

What is Professional Insurance Agents Of Indiana Inc?

Professional Insurance Agents of Indiana Inc, located at 50 East 91st Street Suite 207, Indianapolis, IN 46240, is a nonprofit organization dedicated to serving professional insurance agents. With a team of four employees, the organization focuses on providing educational resources, certain insurance benefits, and industry-related information to its members. This is accomplished through various conventions and publications, ensuring that insurance agents stay updated and well-informed in their field. The organization's mission is to enhance the professional growth and knowledge of its members, ultimately contributing to the insurance industry as a whole.


Official website here: www.indianapia.com

Is Professional Insurance Agents Of Indiana Inc legitimate?

Professional Insurance Agents Of Indiana Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Professional Insurance Agents Of Indiana 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: $124,057
Professional Fundraising Fees: $0
Other Salaries and Wages: $53,265

For more financial information, click here


Official website here: www.indianapia.com

What is the mission statement of Professional Insurance Agents Of Indiana Inc?

Professional Insurance Agents of Indiana Inc's mission is centered around providing resources and educational opportunities for professional insurance agents. The organization strives to accomplish this by offering educational programs, specific insurance benefits, and relevant industry information through various platforms such as conventions and publications. By doing so, they aim to support and empower their member insurance agents, enabling them to enhance their knowledge and skills in the field.


Official website here: www.indianapia.com

What is the revenue of Professional Insurance Agents Of Indiana Inc?

Professional Insurance Agents Of Indiana Inc's revenue in 2023 was $402,979.


Official website here: www.indianapia.com

Who are the executives of Professional Insurance Agents Of Indiana Inc and what are their salaries?

The average compensation at Professional Insurance Agents Of Indiana Inc during 2023 was $29,554. There are 6 employees and 50 volunteers at Professional Insurance Agents Of Indiana Inc.

Here are 19 key members and their salaries:


Joel Dunham (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Allen (President-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph Wize (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Bernth (Treasurer - Exit 02/23)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Traxler (Past President - Exit 02/23)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tj Hague (National Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Cook Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Duling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Gutwein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Neff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lance Patterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Penwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Skaggs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Shoultz (Treasurer - Joined 05/23)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Venters (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Ballenger (Director - Joined 06/23)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bille Romine (Director - Joined 05/23)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Baumruck (Exec Vice Pres)
  • Compensation: $64,710
  • Related: $43,140
  • Other: $22,808
Libby Gardner (Dir. Of Assoc. Programs/Interim Evp)
  • Compensation: $41,018
  • Related: $27,345
  • Other: $7,740


Official website here: www.indianapia.com

Where can I find the form 990 for Professional Insurance Agents Of Indiana Inc?

Professional Insurance Agents Of Indiana Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.indianapia.com

Learn more at the official website: www.indianapia.com

Mission Statement of Professional Insurance Agents Of Indiana Inc

Professional Insurance Agents of Indiana Inc, as an organization, is dedicated to serving professional insurance agents by offering them valuable resources and educational opportunities. Its mission, in simpler terms, is to provide these agents with the necessary tools and knowledge to excel in their field. This is accomplished through various means, such as offering educational programs, providing certain insurance benefits, and disseminating industry-specific information through conventions and publications. By doing so, Professional Insurance Agents of Indiana Inc aims to empower its members and contribute to their professional growth.

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Impact




October, 2024

Professional Insurance Agents of Indiana Inc plays a significant role in enhancing the capabilities and knowledge of insurance agents in the state. By offering educational programs and industry information, the organization equips members with the tools necessary to stay updated on evolving market trends and regulatory changes.

Additionally, through conventions and publications, members gain access to valuable resources that can inform their practices and improve service delivery to clients. These initiatives promote professional development, ensuring that agents maintain high standards in a competitive industry. Overall, the impact of this organization fosters a well-informed community of insurance professionals who can better serve their clients and contribute positively to the broader market.




This information is meant to be a general summary of Professional Insurance Agents Of Indiana 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
$402,979 (2023)
Expenses
$451,182 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $5,619
  • Program Service Revenue: $397,265
  • Gross Receipts: $402,979

Assets and Liabilities:

  • Total Assets: $629,758
  • Total Liabilities: $286,470
  • Net Assets: $343,288

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Programs

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

Star Partner Program

Revenue

$129,205

Membership Dues & Asse

Revenue

$122,494

Education program reve

Revenue

$82,526

Exhibits

Revenue

$44,610

Sponsorships

Revenue

$18,430

Organization Details

Founding Year

1974

Principal Officer

Libby Gardner

NTEE Category

Code: Y20 - Mutual benefit

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