Overview
What is Association Of California Life & Health Insurance Companies?
The Association of California Life & Health Insurance Companies is a nonprofit organization based in Sacramento, California. With a staff of six, they actively advocate for the life and health insurance industry before legislative and administrative bodies. Their mission is to advance the interests and well-being of this sector, employing education and advocacy strategies to serve their membership. They maintain an active role in shaping policies that impact the industry, ensuring the continued growth and success of their member companies.
Official website here: www.aclhic.com
Is Association Of California Life & Health Insurance Companies legitimate?
Association Of California Life & Health Insurance Companies is a legitimate nonprofit organization registered as a 501(c)(6) entity. Association Of California Life & Health Insurance Companies 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: $407,650
Professional Fundraising Fees: $0
Other Salaries and Wages: $631,301
For more financial information, click here
Official website here: www.aclhic.com
What is the mission statement of Association Of California Life & Health Insurance Companies?
The Association of California Life & Health Insurance Companies aims to promote the interests and well-being of the life and health insurance industry. They achieve this by advocating on behalf of their membership before legislative and administrative bodies. Additionally, they engage in educational efforts to support their members. The organization actively participates in legislative and administrative advocacy programs, focusing on issues that impact the life and health insurance industry. Their mission is to advocate and educate, ensuring the industry's interests are well-represented.
Official website here: www.aclhic.com
Who is the CEO of Association Of California Life & Health Insurance Companies?
John Shirikian is the CEO of Association Of California Life & Health Insurance Companies The CEO's salary of Association Of California Life & Health Insurance Companies is $342,583 and their total compensation is $407,650.
Official website here: www.aclhic.com
What is the revenue of Association Of California Life & Health Insurance Companies?
Association Of California Life & Health Insurance Companies's revenue in 2023 was $2,819,991.
Official website here: www.aclhic.com
Who are the executives of Association Of California Life & Health Insurance Companies and what are their salaries?
The average compensation at Association Of California Life & Health Insurance Companies during 2023 was $207,790. There are 5 employees and 50 volunteers at Association Of California Life & Health Insurance Companies.
Here are 54 key members and their salaries (Association Of California Life & Health Insurance Companies's CEO's salary is $342,583 and their total compensation is $407,650):
- Compensation: $342,583
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- Other: $65,067
- Compensation: $229,033
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Official website here: www.aclhic.com
Where can I find the form 990 for Association Of California Life & Health Insurance Companies?
Association Of California Life & Health Insurance Companies's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.aclhic.com
Learn more at the official website: www.aclhic.com
Mission Statement of Association Of California Life & Health Insurance Companies
The Association of California Life & Health Insurance Companies, often abbreviated as ACLHIC, is dedicated to advancing the interests and well-being of the life and health insurance industry. This nonprofit organization endeavors to achieve this goal by engaging in advocacy and education before legislative and administrative bodies on behalf of its membership. By doing so, ACLHIC seeks to influence policies that positively impact the life and health insurance industry, thereby benefiting its member companies.
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Impact
October, 2024
The Association of California Life & Health Insurance Companies plays a crucial role in shaping the landscape of the life and health insurance industry in California. By actively engaging with legislative and administrative bodies, the organization advocates for policies that benefit both the industry and its members. This advocacy ensures that the interests of insurance providers are represented in key discussions, which can significantly influence regulatory outcomes and industry standards.
Through its educational initiatives, the Association empowers its members with the knowledge and resources necessary to navigate an often complex and evolving regulatory environment. This support helps insurance companies adapt to changes, maintain compliance, and ultimately deliver better services to their clients.
The organization's focus on community improvement underscores its commitment to enhancing the broader societal impact of the insurance sector, fostering a healthier and more informed public. Overall, its activities contribute to a robust and responsive life and health insurance industry that effectively meets the needs of Californians.
This information is meant to be a general summary of Association Of California Life & Health Insurance 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $4,996
- Program Service Revenue: $2,740,835
- Gross Receipts: $2,819,991
Assets and Liabilities:
- Total Assets: $5,406,151
- Total Liabilities: $2,830,689
- Net Assets: $2,575,462
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNUAL ROUND TABLE REG
Revenue
$148,585
MEMBERSHIP DUES & ASSESS.
Revenue
$2,592,250
Organization Details
Founding Year
1962
Principal Officer
John Shirikian
Website
www.aclhic.comNTEE Category
Code: S41 - Community improvement
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