Overview
What is National Association Of Insurance?
The National Association of Insurance, based in Bellingham, Washington, is a nonprofit organization dedicated to fostering ethical conduct in the life underwriting profession. They promote education in this field and strive to enhance public understanding of legal reserve life insurance. Annually, they host events such as the Financial Services Forum, Day on the Hill, and Convention and Conference, providing members and the public with insights into legislation affecting their businesses, careers, and families. These events also offer opportunities for networking, learning about new insurance products, and discussing the impact of regulations on their industry. Furthermore, the Association initiated legislation that led to September being recognized as Life Insurance Awareness Month in Washington State, aiming to educate the public on the importance of insurance for family and business protection.
Official website here: www.naifawashington.org
Is National Association Of Insurance legitimate?
National Association Of Insurance is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Association Of Insurance 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:
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Official website here: www.naifawashington.org
What is the mission statement of National Association Of Insurance?
The National Association of Insurance has a mission to promote the adoption and application of high ethical standards in the life underwriting profession. They also aim to provide education in this field and increase public knowledge about legal reserve life insurance. The association achieves this through annual forums, day on the hill events, and a convention, where members and the public are educated on legislation affecting their businesses and families. They also initiate legislation to promote and educate the public on the importance of insurance. The association's activities include career building seminars, discussing the effects of legislation on the industry, and presenting new insurance products and programs to assist members. In Washington State, their initiatives led to the declaration of September as Life Insurance Awareness Month.
Official website here: www.naifawashington.org
Who is the CEO of National Association Of Insurance?
Karl Kuntz is the Vice President of National Association Of Insurance.
Official website here: www.naifawashington.org
What is the revenue of National Association Of Insurance?
National Association Of Insurance's revenue in 2022 was $139,585.
Official website here: www.naifawashington.org
Who are the executives of National Association Of Insurance and what are their salaries?
Here are 3 key members and their salaries:
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Official website here: www.naifawashington.org
Where can I find the form 990 for National Association Of Insurance?
National Association Of Insurance's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.naifawashington.org
Learn more at the official website: www.naifawashington.org
Mission Statement of National Association Of Insurance
The National Association of Insurance is committed to promoting the adoption and application of high ethical standards in the field of life underwriting. This nonprofit organization also focuses on offering education in the life insurance profession and increasing public knowledge of legal reserve life insurance. By doing so, the National Association of Insurance aims to uphold integrity and professionalism within the life insurance industry.
In addition to these objectives, the National Association of Insurance hosts various educational events to keep its members and the public informed about legislation affecting their businesses and families. Notable events include the Annual Financial Services Forum, where attendees learn about income and tax strategies, business and occupation tax increases, healthcare reform, and other relevant legislation. The organization also hosts an Annual Day on the Hill, where members can engage with legislators and discuss concerns regarding increased taxes, health and life insurance issues, and legislation affecting their livelihoods.
The National Association of Insurance's annual convention and conference in May provides opportunities for career building seminars, discussions on the impact of legislation and regulations on the industry, and outlines proposed legislation for the next legislative session. This event also showcases new insurance products and programs to assist members, furthering the organization's mission to promote and offer education in the life insurance profession. Furthermore, the Washington State Governor declared September as Life Insurance Awareness Month due to the National Association of Insurance's initiatives to better promote and educate the public on the importance and need for insurance to protect families and businesses.
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Impact
October, 2024
The National Association of Insurance plays a vital role in enhancing the life insurance profession through education and advocacy. Its efforts to promote high ethical standards in life underwriting contribute significantly to building public trust in the industry. By organizing annual events such as the Financial Services Forum and Day on the Hill, the association educates both members and the public about crucial legislation affecting their businesses and families, covering topics like income and tax strategies, health care reform, and regulatory changes.
These gatherings also provide a platform for direct engagement with legislators, allowing individuals to voice concerns about increased taxes, life insurance issues, and other relevant topics. The annual convention further fosters professional development through career-building seminars and showcases new insurance products, ensuring that members remain abreast of industry trends and changes.
One notable initiative led by the association was the establishment of September as Life Insurance Awareness Month in Washington State. This campaign aims to raise public awareness regarding the importance of life insurance in safeguarding families and businesses. Overall, the association’s impact is reflected in its commitment to education, ethical standards, and community improvement, making a significant contribution to the life insurance landscape.
This information is meant to be a general summary of National Association Of Insurance. 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: $38,788
- Program Service Revenue: $100,797
- Gross Receipts: $139,585
Assets and Liabilities:
- Total Assets: $199,427
- Total Liabilities: $1,200
- Net Assets: $198,227
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$84,222
SYMPOSIUM
Revenue
$2,735
CONVENTIONS
Revenue
$9,479
DAY ON THE HILL
Revenue
$3,381
ERROR & OMISSION COMM
Revenue
$980
Organization Details
Founding Year
1950
Principal Officer
Karl Kuntz
Main Address
1135 ELLIS ST, BELLINGHAM, WA, 98225
Website
www.naifawashington.orgNTEE Category
Code: S41 - Community improvement
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