Independent Insurance Agents Of Texas

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

EIN: 741286506 ✦ Austin, TX ✦ Designated as a 501(c)(6)

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Overview

What is Independent Insurance Agents Of Texas?

Independent Insurance Agents of Texas is a professional organization dedicated to serving Texas-based insurance agents. Acting as a trade association, they host conferences and provide their members with valuable online resources and a bi-weekly newsletter. This nonprofit aims to support and empower insurance agents in the Lone Star State, fostering a collaborative environment for knowledge exchange and professional growth.


Official website here: www.iiat.org

Is Independent Insurance Agents Of Texas legitimate?

Independent Insurance Agents Of Texas is a legitimate nonprofit organization registered as a 501(c)(6) entity. Independent Insurance Agents Of Texas 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: $968,328
Professional Fundraising Fees: $0
Other Salaries and Wages: $697,163

For more financial information, click here


Official website here: www.iiat.org

What is the mission statement of Independent Insurance Agents Of Texas?

The Independent Insurance Agents of Texas serves as a trade association, focusing on insurance agents operating in Texas. Their mission is to support these professionals by organizing conferences and providing them with valuable online resources. Additionally, the association offers a bi-weekly newsletter to its members, aiming to keep them updated and informed about the latest industry trends and developments. In essence, the Independent Insurance Agents of Texas is committed to fostering a supportive community for insurance agents in Texas, providing them with the resources they need to stay informed and successful.


Official website here: www.iiat.org

Who is the CEO of Independent Insurance Agents Of Texas?

Marit Peters is the President & Exec. Director of Independent Insurance Agents Of Texas.


Official website here: www.iiat.org

What is the revenue of Independent Insurance Agents Of Texas?

Independent Insurance Agents Of Texas's revenue in 2022 was $4,061,566.


Official website here: www.iiat.org

Who are the executives of Independent Insurance Agents Of Texas and what are their salaries?

The average compensation at Independent Insurance Agents Of Texas during 2022 was $104,093. There are 16 employees at Independent Insurance Agents Of Texas.


Here are 20 key members and their salaries:


Ben Patterson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy Crocker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christy Ross (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gaylon Brown (Immediate Past Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Andrajack (Chairman Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Fields (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Dean (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Bridges (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Perkins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Womack (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Hotchkiss (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Nitsche (State National Director - Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tommy Dies (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyler Spears (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Quy (Secretary)
  • Compensation: $104,620
  • Related: $0
  • Other: $6,360
Josh Lewis (Treasurer)
  • Compensation: $108,692
  • Related: $0
  • Other: $11,406
Marit Peters (President & Exec. Director)
  • Compensation: $338,750
  • Related: $0
  • Other: $19,965
Harris Loftis (Governmental Affairs Direc)
  • Compensation: $204,348
  • Related: $0
  • Other: $7,702
Tara Mitchell (Director Of It)
  • Compensation: $152,500
  • Related: $0
  • Other: $13,984
Angela Ford (Continuous Improvement Dir)
  • Compensation: $146,500
  • Related: $0
  • Other: $13,697


Official website here: www.iiat.org

Where can I find the form 990 for Independent Insurance Agents Of Texas?

Independent Insurance Agents Of Texas's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.iiat.org

Learn more at the official website: www.iiat.org

Mission Statement of Independent Insurance Agents Of Texas

Independent Insurance Agents of Texas, as a trade association, is dedicated to supporting its member insurance agents in Texas. Their mission is to serve as a resource for these agents, offering them opportunities for professional growth through hosting conferences and providing online resources. To accomplish this, they also distribute a bi-weekly newsletter, keeping their members informed about industry developments and trends. By providing these services, Independent Insurance Agents of Texas aims to empower its members and help them excel in their respective fields.

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Impact




October, 2024

Independent Insurance Agents Of Texas plays a crucial role in supporting the insurance industry in Texas by serving as a trade association for insurance agents. The organization enhances the professional development of its members through various initiatives, including hosting conferences that foster networking and learning opportunities. By offering online resources, the association empowers agents with the latest industry knowledge, tools, and best practices.

Additionally, the bi-weekly newsletter keeps members informed about important updates, trends, and legislative changes that affect the insurance landscape. This consistent communication aids agents in navigating their profession more effectively, ultimately improving the quality of service they provide to their clients. Through these efforts, Independent Insurance Agents Of Texas not only strengthens individual agents but also contributes to the overall improvement of the insurance community in Texas.




This information is meant to be a general summary of Independent Insurance Agents Of Texas. 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
$4,061,566 (2022)
Expenses
$4,253,006 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $447,252
  • Program Service Revenue: $2,625,409
  • Gross Receipts: $4,535,785

Assets and Liabilities:

  • Total Assets: $14,687,710
  • Total Liabilities: $977,757
  • Net Assets: $13,709,953

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Programs

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

MEMBERSHIP DUES

Revenue

$1,250,550

CONFERENCES AND MEETINGS

Revenue

$717,942

EDUCATION

Revenue

$615,083

OTHER MEMBER SERVICES

Revenue

$41,834

Organization Details

Founding Year

1898

Principal Officer

Marit Peters

Main Address

PO BOX 684487, AUSTIN, TX, 787684487

NTEE Category

Code: S41 - Community improvement

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