Independent Insurance Agents & Broker Of Washington

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

EIN: 916033271 ✦ Bellevue, WA ✦ Designated as a 501(c)(6)

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Overview

What is Independent Insurance Agents & Broker Of Washington?

Independent Insurance Agents & Broker of Washington, abbreviated as IIABW, is a Washington-based nonprofit organization located at 11911 NE 1st Street, Bellevue, WA 98005. The primary mission of IIABW is to advocate for and promote the American insurance agency system among insurance agents in Washington State. The organization continually educates its members about new developments in the insurance industry, as well as new regulations and legislative rulings. IIABW serves as a valuable resource for insurance agents in the state, providing them with the latest industry information and updates. The nonprofit's activities contribute to the overall success and growth of the insurance industry in Washington.


Official website here: www.independentagent.com

Is Independent Insurance Agents & Broker Of Washington legitimate?

Independent Insurance Agents & Broker Of Washington is a legitimate nonprofit organization registered as a 501(c)(6) entity. Independent Insurance Agents & Broker Of Washington 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: $74,650

For more financial information, click here


Official website here: www.independentagent.com

What is the mission statement of Independent Insurance Agents & Broker Of Washington?

The Independent Insurance Agents & Broker of Washington (IIABW) is a not-for-profit entity that serves as an advocate for the American insurance agency system among insurance agents in Washington State. Its primary mission is to promote this system and educate its members about new developments in the insurance industry and relevant regulations and legislative rulings. The organization has been successful in this endeavor, continually updating its members on the latest industry trends.


Official website here: www.independentagent.com

Who is the CEO of Independent Insurance Agents & Broker Of Washington?

Daniel T Holst is the President of Independent Insurance Agents & Broker Of Washington.


Official website here: www.independentagent.com

What is the revenue of Independent Insurance Agents & Broker Of Washington?

Independent Insurance Agents & Broker Of Washington's revenue in 2022 was $295,010.


Official website here: www.independentagent.com

Who are the executives of Independent Insurance Agents & Broker Of Washington and what are their salaries?

There 9 volunteers at Independent Insurance Agents & Broker Of Washington.


Here are 10 key members and their salaries:


Duane Hensen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Porter (President Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Field (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Reed (National Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shaun Borth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amberlyn Mcquary (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Brewe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Stay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Street (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel T Holst (Executive Vp)
  • Compensation: $0
  • Related: $123,768
  • Other: $20,748


Official website here: www.independentagent.com

Where can I find the form 990 for Independent Insurance Agents & Broker Of Washington?

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


Official website here: www.independentagent.com

Learn more at the official website: www.independentagent.com

Mission Statement of Independent Insurance Agents & Broker Of Washington

Independent Insurance Agents & Broker of Washington, abbreviated as IIABW, is a not-for-profit organization with a mission to foster the American insurance agency system among insurance agents in Washington State. Their primary objective is to educate their members about new developments in the insurance industry and recent regulations and legislative rulings. By doing so, IIABW aims to promote the growth and success of insurance agents within Washington, ultimately strengthening the insurance industry as a whole.

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Impact




October, 2024

Independent Insurance Agents & Brokers of Washington (IIABW) plays a significant role in shaping the insurance landscape in Washington State by actively promoting the American insurance agency system. Their efforts in educating members about new developments, regulations, and legislative changes ensure that insurance agents are well-informed and equipped to navigate the evolving industry.

By providing ongoing education and resources, IIABW helps members enhance their regulatory compliance and adapt to market changes, ultimately fostering a more effective and competitive insurance sector. This commitment to professional development not only benefits the agents but also enhances the quality of service provided to consumers in the community. Through advocacy and support, IIABW influences positive outcomes within the insurance industry and contributes to the overall improvement of community welfare.




This information is meant to be a general summary of Independent Insurance Agents & Broker Of Washington. 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
$295,010 (2022)
Expenses
$325,587 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $44,024
  • Program Service Revenue: $231,051
  • Gross Receipts: $301,076

Assets and Liabilities:

  • Total Assets: $819,850
  • Total Liabilities: $8,163
  • Net Assets: $811,687

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Programs

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

MEMBERSHIP DUES

Revenue

$122,903

CONVENTION & CONFERENC

Revenue

$63,889

COMMISSION INCOME

Revenue

$44,259

Organization Details

Founding Year

1981

Principal Officer

Daniel T Holst

Main Address

11911 NE 1ST STREET, BELLEVUE, WA, 98005

NTEE Category

Code: S41 - Community improvement

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