Overview
What is Insurance Alliance Of Michigan?
The Insurance Alliance of Michigan is a nonprofit organization situated in Lansing, Michigan. With a team of four dedicated individuals, its primary mission is to advocate for property and casualty insurance companies operating in the state, addressing legislative and regulatory concerns. Beyond representation, the Alliance also strives to enhance public understanding of insurance principles through various public relations and education programs. These initiatives include promoting awareness of the benefits of the private entrepreneurial insurance and risk management industry to the Michigan economy, providing assistance to consumer programs, engaging in strong press and media communications, and engaging in legislative and lobbying efforts. The Alliance also focuses on safety and loss prevention activities, ensuring effective communication and legal overviews to foster a better understanding of insurance purposes and principles.
Official website here: www.insurancealliancemichigan.org
Is Insurance Alliance Of Michigan legitimate?
Insurance Alliance Of Michigan is a legitimate nonprofit organization registered as a 501(c)(6) entity. Insurance Alliance Of Michigan 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $435,031
For more financial information, click here
Official website here: www.insurancealliancemichigan.org
What is the mission statement of Insurance Alliance Of Michigan?
The Insurance Alliance of Michigan aims to foster a better public understanding of the insurance industry and its benefits to the economy. This is achieved through various activities such as educational and public relations programs, safety and loss prevention initiatives, strong media communications, consumer assistance programs, legislative and lobbying efforts, judicial and legal overviews, and other relevant activities. The Alliance's goal is to promote an improved comprehension of insurance purposes and principles, assisting the public in addressing their business and personal insurance needs.
Official website here: www.insurancealliancemichigan.org
Who is the CEO of Insurance Alliance Of Michigan?
Erin Mcdonough is the Executive Di of Insurance Alliance Of Michigan.
Official website here: www.insurancealliancemichigan.org
What is the revenue of Insurance Alliance Of Michigan?
Insurance Alliance Of Michigan's revenue in 2022 was $2,187,753.
Official website here: www.insurancealliancemichigan.org
Who are the executives of Insurance Alliance Of Michigan and what are their salaries?
The average compensation at Insurance Alliance Of Michigan during 2022 was $108,758. There are 4 employees and 31 volunteers at Insurance Alliance Of Michigan.
Here are 32 key members and their salaries:
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Official website here: www.insurancealliancemichigan.org
Where can I find the form 990 for Insurance Alliance Of Michigan?
Insurance Alliance Of Michigan's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.insurancealliancemichigan.org
Learn more at the official website: www.insurancealliancemichigan.org
Mission Statement of Insurance Alliance Of Michigan
The Insurance Alliance of Michigan, a nonprofit organization, is dedicated to advocating for property and casualty insurance companies operating in the state. Its mission is multifaceted, aimed at enhancing public awareness about the insurance industry and the economic benefits it brings to Michigan. To achieve this, the Alliance engages in various activities, including public educational and public relations programs, safety and loss prevention initiatives, robust press and media communication, assistance to consumer programs, legislative and lobbying efforts, judicial and legal overviews, and other activities that foster a better understanding of insurance principles. The Alliance's ultimate goal is to assist the public in addressing their business and personal insurance needs effectively.
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Impact
October, 2024
The Insurance Alliance of Michigan plays a crucial role in enhancing the landscape of property and casualty insurance in the state. By representing the interests of insurance companies, the organization actively engages in legislative and regulatory matters that affect both the industry and consumers in Michigan.
Through public relations and education programs, it seeks to demystify insurance principles, fostering greater public understanding of the insurance business and its economic benefits to the state. Initiatives aimed at safety and loss prevention, along with strong communications with the press and media, help to create a more informed public.
Additionally, the Insurance Alliance supports consumer programs and participates in legislative lobbying efforts, ensuring that the voice of the insurance industry is heard in policy discussions. This holistic approach not only aids consumers in navigating their personal and business insurance needs but also promotes an entrepreneurial insurance and risk management industry, contributing positively to Michigan's economy.
This information is meant to be a general summary of Insurance Alliance Of Michigan. 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: $1,155
- Program Service Revenue: $689,761
- Gross Receipts: $2,187,753
Assets and Liabilities:
- Total Assets: $700,168
- Total Liabilities: $234,007
- Net Assets: $466,161
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NO-FAULT ADVOCACY
Revenue
$429,021
ISSUE ADVOCACY
Revenue
$153,500
ANNUAL MEETING REGISTRATION
Revenue
$43,421
SERVICES
Revenue
$39,840
MEMBERSHIP DUES
Revenue
$23,979
Organization Details
Founding Year
2003
Phone
(517) 371-2880Principal Officer
Erin Mcdonough
Main Address
124 W ALLEGAN ST SUITE 1100, LANSING, MI, 48933
NTEE Category
Code: S41 - Community improvement
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