Professional Insurance Agents Of Hawaii Incorporated

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

EIN: 990248796 ✦ Kailua, HI ✦ Designated as a 501(c)(6)

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Overview

What is Professional Insurance Agents Of Hawaii Incorporated?

Professional Insurance Agents of Hawaii Incorporated is a nonprofit organization with a mission to elevate the insurance industry by educating its workforce and promoting the involvement of properly trained professionals. They establish relationships with error and omissions providers, many of whom are members, such as Utica. The organization offers its members exclusive access to Pia Pro Errors and Omissions Coverage and provides a platform for E&O carriers like Utica and Arch. Furthermore, Professional Insurance Agents of Hawaii Incorporated offers Pia Continuing Education Webinars and Licensing Materials, contributing to the ongoing professional development of its members.

Is Professional Insurance Agents Of Hawaii Incorporated legitimate?

Professional Insurance Agents Of Hawaii Incorporated is a legitimate nonprofit organization registered as a 501(c)(6) entity. Professional Insurance Agents Of Hawaii Incorporated submitted a form 990EZ, 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: $0

For more financial information, click here

What is the mission statement of Professional Insurance Agents Of Hawaii Incorporated?

Professional Insurance Agents of Hawaii Incorporated is dedicated to enhancing the knowledge of individuals in the insurance industry. Their primary goal is to ensure that the public receives services from well-trained professionals. To achieve this, they secure error and omissions providers, with many of these providers being their members, such as Utica. They offer Pia Pro Errors and Omissions Coverage, which is exclusive to Pia Members. Furthermore, Professional Insurance Agents of Hawaii Incorporated provides Pia Continuing Education Webinars and Licensing Materials to help industry professionals stay updated. Additionally, they act as a market for E&O carriers, including Utica and Arch.

What is the revenue of Professional Insurance Agents Of Hawaii Incorporated?

Professional Insurance Agents Of Hawaii Incorporated's revenue in 2023 was $20,044.

Who are the executives of Professional Insurance Agents Of Hawaii Incorporated and what are their salaries?

Here are 4 key members and their salaries:


John Loo (Executive Vi)
  • Compensation: $1,308
  • Related: $0
  • Other: $0
Victor Punua Sr (Secretary /)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Wehr (Dir & Natl D)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Jones (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Professional Insurance Agents Of Hawaii Incorporated?

Professional Insurance Agents Of Hawaii Incorporated's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Professional Insurance Agents Of Hawaii Incorporated

Professional Insurance Agents of Hawaii Incorporated is committed to enlightening workers in the insurance sector and promoting the involvement of competent professionals in serving the public. The organization's primary mission is to secure error and omissions providers, with many of its members, such as Utica, being among these providers. This coverage, known as Pia Pro Errors and Omissions Coverage, is exclusively accessible to Pia members. Beyond this, Professional Insurance Agents of Hawaii Incorporated also offers Continuing Education Webinars and Licensing Materials to its members. Furthermore, the organization serves as a marketplace for error and omissions carriers, including Utica and Arch, thereby providing a platform for these entities to engage with the insurance industry.

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Impact




October, 2024

Professional Insurance Agents of Hawaii Incorporated plays a pivotal role in enhancing the quality of the insurance industry in Hawaii. By focusing on education and training for insurance professionals, the organization ensures that its members are well-equipped to meet the needs of the public. This commitment to professional development not only improves the competency of agents but also enhances the overall trust in the insurance sector.

The organization facilitates access to specialized error and omissions coverage through partnerships with major carriers like Utica and Arch, which is exclusive to its members. This unique offering provides a significant financial safety net for insurance agents, fostering a sense of security and professional confidence among practitioners.

Furthermore, Professional Insurance Agents of Hawaii offers continuing education webinars and licensing materials, which are vital for agents to stay updated with industry standards, regulations, and innovations. By providing a structured environment for ongoing learning, the organization supports the continuous professional growth of its members, ultimately benefiting consumers who rely on knowledgeable and competent agents for their insurance needs.

In summary, the impact of Professional Insurance Agents of Hawaii Incorporated is substantial, as it strengthens the insurance workforce in Hawaii, enhances the quality of service provided to the public, and safeguards both agents and consumers through its specialized offerings.




This information is meant to be a general summary of Professional Insurance Agents Of Hawaii Incorporated. 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
$20,044 (2023)
Expenses
$13,070 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $124
  • Program Service Revenue: $19,920
  • Gross Receipts: $20,044

Assets and Liabilities:

  • Total Assets: $20,790
  • Total Liabilities: $27,765
  • Net Assets: -$6,975

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Organization Details

Principal Officer

William Jones

NTEE Category

Code: Y20 - Mutual benefit

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