Overview
What is Finseca?
Finseca, a nonprofit organization based in Washington, D.C., focuses on supporting and enhancing the skills and knowledge of professionals in the financial security and insurance industries. With a mission to advocate for their profession, develop its leaders, and promote their essential work in providing financial and retirement security for individuals, families, and businesses, Finseca offers numerous resources and opportunities. These include meetings, educational materials, and practical articles on topics like recruitment, leadership, and retention. Finseca provides a platform for members to exchange information, network, and engage in professional development activities, with offerings such as online assessment tools, audiovisual products, and publications. With a total of 63 employees, Finseca's commitment to its members and their professional growth is evident through its comprehensive and application-oriented approach.
Official website here: www.finseca.org
Is Finseca legitimate?
Finseca is a legitimate nonprofit organization registered as a 501(c)(6) entity. Finseca 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: $2,467,688
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,071,156
For more financial information, click here
Official website here: www.finseca.org
What is the mission statement of Finseca?
Finseca is an organization dedicated to advocating for the financial security profession and promoting the important work of its members. The mission of Finseca is to develop and grow its leaders, and champion the noble cause of providing financial and retirement security for individuals, families, and businesses. Finseca offers various educational opportunities and networking events to keep insurance professionals updated on trends and skills. The organization provides a platform for members to exchange information and engage in professional development activities. Finseca offers a range of products and publications to further the professional development of field leaders in insurance and financial services. These resources include online assessment tools, audiovisual products, and a book series featuring proven practices from industry veterans. Finseca also publishes a quarterly magazine, "Finseca Focus," to provide insights and thought leadership to financial security professionals.
Official website here: www.finseca.org
Who is the CEO of Finseca?
Marc Cadin is the CEO of Finseca The CEO's salary of Finseca is $980,932 and their total compensation is $1,069,121.
Official website here: www.finseca.org
What is the revenue of Finseca?
Finseca's revenue in 2023 was $18,872,317.
Official website here: www.finseca.org
Who are the executives of Finseca and what are their salaries?
The average compensation at Finseca during 2023 was $109,259. There are 69 employees and 35 volunteers at Finseca.
Here are 44 key members and their salaries (Finseca's CEO's salary is $980,932 and their total compensation is $1,069,121):
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- Compensation: $980,932
- Related: $51,628
- Other: $36,561
- Compensation: $600,284
- Related: $66,698
- Other: $20,160
- Compensation: $399,341
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- Compensation: $279,746
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- Compensation: $209,747
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- Compensation: $203,689
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- Other: $18,073
- Compensation: $500,000
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Official website here: www.finseca.org
Where can I find the form 990 for Finseca?
Finseca's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.finseca.org
Learn more at the official website: www.finseca.org
Mission Statement of Finseca
Finseca, a mission-driven organization, champions the financial security profession by advocating on its behalf, fostering leadership growth, and showcasing the essential role its members play in securing financial and retirement stability for individuals, families, and businesses.
Finseca's primary objective is to advocate for the financial security profession. It represents the interests of its members to various stakeholders, promoting their noble and necessary work in providing financial and retirement security to their clients. Through its advocacy efforts, Finseca influences policies and initiatives that support the growth and development of the financial security industry.
Moreover, Finseca is dedicated to developing and growing its leaders. It offers a multitude of opportunities for insurance professionals to stay informed about industry trends and acquire new skills. Finseca serves as a platform for members to exchange information and participate in professional development activities. Additionally, it publishes various products and resources specifically designed to further the professional development of field leaders in insurance and financial services.
These resources, including online assessment tools, audiovisual products, and a book series, provide practical insights and proven practices from industry veterans. Finseca also offers members articles on various topics, such as recruiting, selection, leadership, and retention. Furthermore, it publishes a quarterly magazine, "Finseca Focus," which provides valuable insights and thought leadership to financial security professionals, helping them better understand consumer choices and the profession.
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Impact
October, 2024
Finseca plays a crucial role in advocating for the financial security profession and enhancing the capabilities of its members to serve individuals, families, and businesses. Through its comprehensive educational programs and networking opportunities, Finseca equips insurance professionals with the latest trends and skills necessary to excel in their field.
The organization fosters a collaborative environment, enabling members to exchange vital information and participate in professional development activities. It offers a wide range of resources, including online assessment tools, audiovisual products, and a book series that distills proven practices from seasoned industry leaders.
Additionally, Finseca publishes "Finseca Focus," a quarterly magazine that delivers insights and thought leadership to enhance understanding of consumer behavior and the evolving dynamics of the financial services profession. By promoting best practices in areas such as recruiting, leadership, and retention, Finseca significantly contributes to the growth and effectiveness of financial security professionals, ultimately working to ensure the financial and retirement security of the communities they serve.
This information is meant to be a general summary of Finseca. 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: $71,333
- Program Service Revenue: $13,291,293
- Gross Receipts: $19,096,202
Assets and Liabilities:
- Total Assets: $7,722,584
- Total Liabilities: $7,083,629
- Net Assets: $638,955
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$6,015,029
SPONSORSHIPS
Revenue
$3,060,163
CONFERENCE REGISTRATIONS
Revenue
$2,516,668
AWARDS REVENUE
Revenue
$894,113
PRODUCT SALES & LICENSING
Revenue
$482,600
Organization Details
Founding Year
2020
Principal Officer
Marc Cadin
Website
www.finseca.orgNTEE Category
Code: S41 - Community improvement
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