Independent Insurance Agents And Brokers Of America

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

EIN: 135665571 ✦ Alexandria, VA ✦ Designated as a 501(c)(6)

Overview

What is Independent Insurance Agents And Brokers Of America?

Independent Insurance Agents and Brokers of America is a nonprofit organization based in Alexandria, Virginia, with an address at 127 South Peyton Street, ZIP code 22314. Their primary mission is to provide educational programs for industry members, addressing current business topics relevant to independent insurance agents. They promote the independent insurance agency system and represent the common business interests of independent insurance agents and brokers within the industry and before government and the public. Their efforts aim to give members a sustainable competitive advantage, with a workforce of 94 employees.


Official website here: www.independentagent.com

Is Independent Insurance Agents And Brokers Of America legitimate?

Independent Insurance Agents And Brokers Of America is a legitimate nonprofit organization registered as a 501(c)(6) entity. Independent Insurance Agents And Brokers Of America 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,925,532
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,664,670

For more financial information, click here


Official website here: www.independentagent.com

What is the mission statement of Independent Insurance Agents And Brokers Of America?

Independent Insurance Agents and Brokers of America aim to provide their members with a sustainable competitive advantage in the industry. They represent the common business interests of independent insurance agents and brokers before government and the public. To achieve this, they offer educational programs addressing current industry topics relevant to independent insurance agents. The organization promotes the independent insurance agency system through various means including advertising, webinars, and publications.


Official website here: www.independentagent.com

Who is the CEO of Independent Insurance Agents And Brokers Of America?

Charles E Symington Jr is the Senior Vp, Govt Affairs of Independent Insurance Agents And Brokers Of America. The CEO's salary of Independent Insurance Agents And Brokers Of America is $816,601 and their total compensation is $1,308,556.


Official website here: www.independentagent.com

What is the revenue of Independent Insurance Agents And Brokers Of America?

Independent Insurance Agents And Brokers Of America's revenue in 2022 was $13,409,978.


Official website here: www.independentagent.com

Who are the executives of Independent Insurance Agents And Brokers Of America and what are their salaries?

The average compensation at Independent Insurance Agents And Brokers Of America during 2022 was $59,470. There are 94 employees and 100 volunteers at Independent Insurance Agents And Brokers Of America.

Here are 63 key members and their salaries (Independent Insurance Agents And Brokers Of America's CEO's salary is $816,601 and their total compensation is $1,308,556):

    Robert A Rusbuldt (Ceo)
  • Compensation: $816,601
  • Related: $445,016
  • Other: $46,939

    • Charles E Symington Jr (Senior Vp, Govt Affairs)
  • Compensation: $618,375
  • Related: $0
  • Other: $54,097

    • Eugene S Cocke (Cfo)
  • Compensation: $163,811
  • Related: $233,683
  • Other: $54,096

    • Mark S Wolf (President Of Bia)
  • Compensation: $17,286
  • Related: $328,443
  • Other: $43,854

    • Scott D Kneeland (Chief Counsel)
  • Compensation: $107,907
  • Related: $153,933
  • Other: $41,838

    • Nathan M Riedel (Vp, Political Affairs)
  • Compensation: $209,304
  • Related: $0
  • Other: $45,897

    • Chris Boggs (Vp, Agent Dev., Research And Ed.)
  • Compensation: $112,613
  • Related: $75,075
  • Other: $44,312

    • Kevin R Brandt (Dir. Of Operations, Tc)
  • Compensation: $0
  • Related: $191,282
  • Other: $18,185

    • Elizabeth D Montgomery (Vp, Company Relations)
  • Compensation: $175,732
  • Related: $0
  • Other: $29,812

    • Amanda B Juratovic (Assistant Vp Of Errors & Omissions Ops.)
  • Compensation: $0
  • Related: $184,897
  • Other: $16,054

    • John R Costello (Chair-Elect) [Trustee/Director]
  • Compensation: $32,863
  • Related: $0
  • Other: $0

    • Bob Fee (Chair) [Trustee/Director]
  • Compensation: $28,684
  • Related: $0
  • Other: $0

    • Karl Stedman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Murphree (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bryan Clinkscales (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Cummard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brad Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Rivers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick Howard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Diana Hornung Hanby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Schlitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andy Siegel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Reid Higashi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Daly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brett Schultheis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cindy Hower (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Chip Atkins Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jl Johnny Beckman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Glen Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Nicklow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Mccarron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Mcbride (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chad Bjugan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brad Greer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Gray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Chamberlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bobby Salmon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jared Blackwood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debra Schilz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Will Infantine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerald Ford Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heather Fortner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jana Foster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Zogby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Madsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Floyd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Smelley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Morris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Monroe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Mayhew (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ashley Brady (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Maguire (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Mcinturff Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Nitsche (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wendy Tapley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Funkhouser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Barrett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Bishop (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lori Reed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Leitch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ross Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brad Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.independentagent.com

    Where can I find the form 990 for Independent Insurance Agents And Brokers Of America?

    The Independent Insurance Agents And Brokers Of America’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 And Brokers Of America

    Independent Insurance Agents and Brokers of America, commonly known as IIABA, is an influential organization with a mission to empower its members and advocate for the common business interests of independent insurance agents and brokers within the industry and before the public and government.

    The organization's primary objective is to provide members with a sustainable competitive advantage by offering educational programs addressing current business topics relevant to the independent insurance agency system. IIABA's efforts extend beyond its members, as it promotes the independent insurance agency system to the wider community through various means, including advertising, webinars, and publications.

    IIABA's commitment to its members goes beyond education and promotion. The organization represents the collective business interests of independent insurance agents and brokers, advocating on their behalf before government and the public. By working together, the members of IIABA are able to maintain their independence and competitiveness in the industry.

    In summary, IIABA is an essential resource for independent insurance agents and brokers, offering education, promotion, and advocacy to help its members maintain a sustainable competitive advantage. The organization's mission is to provide members with the tools and support they need to thrive in the industry and make a difference for their clients. Through its various initiatives, IIABA continues to champion the independent insurance agency system and the vital role it plays in the lives of individuals and businesses.

    Impact

    This information is meant to be a general summary of Independent Insurance Agents And Brokers Of America. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Independent Insurance Agents And Brokers Of America have a significant impact on the insurance industry and the community at large. By providing members with a sustainable competitive advantage, promoting and representing the common business interests of independent insurance agents and brokers, as well as offering educational programs on current business topics, they contribute to the professional development and success of their members.

    Through initiatives such as advertising, webinars, publications, and other methods, the organization promotes the independent insurance agency system, strengthening the industry as a whole. Their advocacy efforts before government and the public help ensure that the interests of independent insurance agents and brokers are heard and represented effectively.

    Overall, the Independent Insurance Agents And Brokers Of America play a vital role in advancing the independent insurance agent community, fostering growth, and promoting excellence within the industry. Their impact extends beyond their members to benefit the broader community by improving industry standards and promoting professional development.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $572,139
  • Program Service Revenue: $11,220,076
  • Gross Receipts: $20,098,849

    • Assets and Liabilities:
  • Total Assets: $28,596,666
  • Total Liabilities: $2,964,226
  • Net Assets: $25,632,440
  • Programs

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

    MEMBER DUES

    Revenue

    $5,633,312

    MANAGEMENT FEES

    Revenue

    $2,838,117

    SPONSORSHIP REVENUE

    Revenue

    $2,401,955

    OTHER PROGRAMS

    Revenue

    $167,790

    PRODUCT SALES

    Revenue

    $127,911

    Organization Details

    Founding Year

    1896

    Principal Officer

    Charles E Symington Jr

    Main Address

    127 SOUTH PEYTON ST, ALEXANDRIA, VA, 22314

    NTEE Category

    Code: S41 - Community improvement

    If you are a representative of Independent Insurance Agents And Brokers Of America and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.