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Assn Of Alabama Life Ins Companies

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

EIN: 636054487 ✦ Gadsden, AL ✦ Designated as a 501(c)(6)

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Overview

What is Assn Of Alabama Life Ins Companies?

The Association of Alabama Life Insurance Companies, situated in Gadsden, AL, is a nonprofit organization dedicated to supporting and enhancing the life insurance industry. Their goal is to stimulate discussion, share information, uphold ethical standards, and foster healthy competition within the sector. They accomplish this through initiatives such as the Bill Brunson Memorial and their Annual Meeting. The association serves as a platform for promoting responsible and fair practices in life insurance business.


Official website here: www.aalic.net

Is Assn Of Alabama Life Ins Companies legitimate?

Assn Of Alabama Life Ins Companies is a legitimate nonprofit organization registered as a 501(c)(6) entity. Assn Of Alabama Life Ins Companies submitted a form 990EZ, 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.


Official website here: www.aalic.net

What is the mission statement of Assn Of Alabama Life Ins Companies?

The Association of Alabama Life Insurance Companies serves to enhance and improve the field of life insurance, fostering discussions and disseminating related information. The association is dedicated to upholding ethical standards in the industry and promoting fair competition. As part of its activities, it organizes events such as the Bill Brunson Memorial and Annual Meeting. The primary mission of the Association is to support and advance the life insurance business in Alabama.


Official website here: www.aalic.net

Who is the CEO of Assn Of Alabama Life Ins Companies?

Brian Mcleod is the President of Assn Of Alabama Life Ins Companies.


Official website here: www.aalic.net

What is the revenue of Assn Of Alabama Life Ins Companies?

Assn Of Alabama Life Ins Companies's revenue in 2023 was $59,600.


Official website here: www.aalic.net

Who are the executives of Assn Of Alabama Life Ins Companies and what are their salaries?


Here are 8 key members and their salaries:


Brian Mcleod (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sid Belcher (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clarence W Daugette Iii (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Leigh Latta (Ex-Officio D)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen W Still (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Glasson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
C Thomas Evans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
C Dennis Hughes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.aalic.net

Where can I find the form 990EZ for Assn Of Alabama Life Ins Companies?

Assn Of Alabama Life Ins Companies's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.aalic.net

Learn more at the official website: www.aalic.net

Mission Statement of Assn Of Alabama Life Ins Companies

The Association of Alabama Life Insurance Companies, often abbreviated as Assn, is dedicated to enhancing and advancing the field of life insurance. It fosters conversation and shares information related to this business, ensuring ethical standards are upheld. The association promotes healthy competition within the life insurance industry. In addition, Assn of Alabama Life Ins Companies organizes events such as the Bill Brunson Memorial and Annual Meeting, providing opportunities for industry professionals to connect and learn.

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Impact




October, 2024

The Association of Alabama Life Insurance Companies plays a significant role in shaping the landscape of the life insurance industry in Alabama. By fostering discussions and disseminating vital information, the association enhances the knowledge and practices of professionals within the sector. This collaborative environment encourages ethical standards, ensuring that companies operate with integrity and uphold the trust of their clients.

Moreover, the organization actively promotes free competition, which benefits consumers by driving innovation and keeping insurance products accessible and affordable. Programs such as the Bill Brunson Memorial and the Annual Meeting serve as platforms for networking, education, and sharing best practices among industry leaders.

With a focus on improving the overall business of life insurance, the Association of Alabama Life Insurance Companies not only supports its member organizations but also contributes to the broader community by enhancing the quality of life insurance services available to individuals and families across the state. Its commitment to ethical business practices and professional growth ultimately leads to a more informed and responsible insurance marketplace, promoting community welfare and trust in the industry.




This information is meant to be a general summary of Assn Of Alabama Life Ins Companies. 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
$59,600 (2023)
Expenses
$50,636 (2023)
Efficiency

Other financial information:

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

  • Program Service Revenue: $5,300
  • Gross Receipts: $59,600

Assets and Liabilities:

  • Total Assets: $86,987
  • Total Liabilities: $0
  • Net Assets: $86,987

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Organization Details

Principal Officer

Brian Mcleod

Main Address

POST OFFICE BOX 349, GADSDEN, AL, 359020349

NTEE Category

Code: S41 - Community improvement

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