Overview
What is National Association Of Mutual Insurance Companies Inc?
The National Association of Mutual Insurance Companies Inc, based in Indianapolis, Indiana, is a leading property-casualty insurance trade association. With a mission to enhance the health and performance of the industry, they focus on advocacy, education, and association services. Their government affairs unit engages in advocacy, lobbying, issue management, and public affairs, influencing policy at the federal and state levels. Additionally, NAMIC offers education and certification programs for boards, executives, management, and technical staff. They also provide insurance business support services, including professional liability insurance, compliance, and employee benefit programs. These efforts are carried out through their 501(c)6 parent organization and related subsidiaries.
Official website here: www.namic.org
Is National Association Of Mutual Insurance Companies Inc legitimate?
National Association Of Mutual Insurance Companies Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Association Of Mutual Insurance Companies Inc 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: $2,567,632
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,145,934
For more financial information, click here
Official website here: www.namic.org
What is the mission statement of National Association Of Mutual Insurance Companies Inc?
The National Association of Mutual Insurance Companies Inc (NAMIC) functions as a trade association in the property-casualty insurance sector, spearheading initiatives in advocacy, education, and association services. NAMIC's mission is geared towards enhancing the health and performance of the property-casualty insurance industry. They accomplish this through various channels, including advocacy and lobbying efforts at the government level, public affairs, issue management, and federal and state grassroots initiatives. Additionally, NAMIC offers educational and certification programs for boards, executives, managers, and technical professionals. Furthermore, they provide business support services, such as professional liability insurance, compliance, and employee benefit programs.
Official website here: www.namic.org
Who is the CEO of National Association Of Mutual Insurance Companies Inc?
Neil Alldredge is the President & of National Association Of Mutual Insurance Companies Inc. The CEO's salary of National Association Of Mutual Insurance Companies Inc is $0 and their total compensation is $339,088.
Official website here: www.namic.org
What is the revenue of National Association Of Mutual Insurance Companies Inc?
National Association Of Mutual Insurance Companies Inc's revenue in 2022 was $20,704,238.
Official website here: www.namic.org
Who are the executives of National Association Of Mutual Insurance Companies Inc and what are their salaries?
The average compensation at National Association Of Mutual Insurance Companies Inc during 2022 was $65,928. There are 117 employees and 20 volunteers at National Association Of Mutual Insurance Companies Inc.
Here are 32 key members and their salaries (National Association Of Mutual Insurance Companies Inc's CEO's salary is $0 and their total compensation is $339,088):
- Charles M Chamness (Former Pres)
- Neil Alldredge (President &)
- Gregg A Dykstra (Coo & Clo)
- Jimi Grande (Svp - Federa)
- Erin Collins (Svp - State)
- Sarah Schnettler (Svp - Member)
- Jennifer Hamilton (Pres. & Ceo)
- Thomas Karol (General Coun)
- Cathy Imus (Vp - Public)
- Lisa Hassett (Vp Finance)
- Mark Vander Kooy (Cso)
- Jacob Black (Chairman) [Trustee/Director]
- Chris Brown (Director)
- David Gautsche (Director)
- Andy Gerlach (Director)
- Elizabeth Heck (Chairman-Ele) [Trustee/Director]
- Wensley Herbert (Director)
- Jeffery Howell (Director)
- Tim Koppenhaver (Director)
- Steven Linkous (Treasurer) [Trustee/Director]
- Kevin Mosley (Director)
- Randa Rawlins (Director)
- Mark Russell (Vice Chair) [Trustee/Director]
- Ronald Rutledge (Director)
- Kent Shantz (Director)
- Steven C Sliver (Immed Past C) [Trustee/Director]
- Jessie Stauffacher (Director)
- Steve Stogner (Director)
- Paul Stueven (Secretary) [Trustee/Director]
- Susan Taggart (Director)
- Mark Walz (Director)
- Jeff Wrobel (Director)
Official website here: www.namic.org
Where can I find the form 990 for National Association Of Mutual Insurance Companies Inc?
The National Association Of Mutual Insurance Companies Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.namic.org
Learn more at the official website: www.namic.org
Mission Statement of National Association Of Mutual Insurance Companies Inc
The National Association of Mutual Insurance Companies Inc (NAMIC) assumes a pivotal role in the property-casualty insurance sector, championing advancements through advocacy, education, and association services. Established as a trade association, NAMIC heads its members' initiatives to fortify the insurance industry's health and effectiveness.
NAMIC's primary focus lies in government affairs, encompassing lobbying, advocacy, issue management, public affairs, and both federal and state grassroots efforts. These efforts, as described in their mission, aim to enhance the property-casualty insurance industry, ensuring it remains robust and responsive to the ever-evolving landscape. They achieve this through their parent organization, as well as subsidiaries and other related entities.
Additionally, NAMIC is dedicated to education and certification, offering programs for boards, executives, management, and technical professionals. These initiatives provide industry expertise and knowledge, enabling members to excel in their respective roles. Furthermore, NAMIC offers insurance business support services, including professional liability insurance, compliance, and employee benefit programs, catering to the diverse needs of its membership.
Impact
This information is meant to be a general summary of National Association Of Mutual Insurance Companies Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The National Association of Mutual Insurance Companies Inc has a significant impact in the field of property-casualty insurance. They provide leadership in advocacy, education, and association services to improve the health and performance of the industry. Through their government affairs and advocacy efforts, NAMIC plays a critical role in shaping public policy, lobbying, and managing key issues at the federal, state, and international levels. Additionally, their education and certification programs help develop the skills and knowledge of professionals in the industry. By offering business support services and promoting community improvement, NAMIC contributes to the overall growth and success of the property-casualty insurance sector.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$13,807,446
EDUCATIONAL MEETINGS/SEMINARS
Revenue
$6,518,990
PUBLICATIONS
Revenue
$270,375
Organization Details
Founding Year
1919
Phone
(317) 875-5250
Principal Officer
Neil Alldredge
Main Address
3601 VINCENNES ROAD, INDIANAPOLIS, IN, 46268
Website
www.namic.org
NTEE Category
Code: S41 - Community improvement
If you are a representative of National Association Of Mutual Insurance Companies Inc 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.