EIN 59-0247064

Florida Association of Insurance Agents

IRS 501(c) type
501(c)(6)
Num. employees
24
State
Year formed
1904
Most recent tax filings
2023-08-01
NTEE code, primary
Description
Florida Association of Insurance Agents promotes a competitive insurance environment, supports education, and advocates for independent agents through meetings and legislative efforts.
Total revenues
$8,138,451
2023
Total expenses
$7,379,538
2023
Total assets
$21,056,163
2023
Num. employees
24
2023

Program areas at Florida Association of Insurance Agents

Education: this program accounts for 20% of the Association's expenses. The purpose of the program is to provide education and training for Insurance Agents in the state of Florida. The Insurance industry is very complicated and it is being changed constantly by state statutes and regulators. Continuing education and training is required to keep Agents competent.
Legislation and regulation: this program accounts for 10% of the Association's expenses. The purpose of the program is to provide legislative and regulatory advocacy for the independent Insurance Agents in the state of Florida. The Insurance industry is highly regulated by governmental agencies and the Association provides a united voice to advocate on behalf of independent Insurance Agents.
Meetings: this program accounts for 20% of the Association's expenses. The purpose of these expenses is for various meetings of the Association. The largest meeting is for a convention trade show and education symposium. The convention brings Insurance Agents together for education and training and provides a trade show that brings in vendors that are relevant to running a successful Insurance agency business. Other meetings are for the purpose of planning and running the affairs of the Association.

Personnel at Florida Association of Insurance Agents

NameTitleCompensation
Kyle UlrichPresident and Chief Executive Officer$468,910
Paul PeeplesVice President and Chief Operating Officer / Vice President Info Technology / Vice President and Chief Information Officer / Vice President of Information Technology$205,864
Lance HamptonChief Financial Officer$206,669
Dave NewellVice President of Membership and Industry Relations
Dave BurtVice President and Managing Director
...and 25 more key personnel

Financials for Florida Association of Insurance Agents

RevenuesFYE 08/2023
Total grants, contributions, etc.$0
Program services$4,467,154
Investment income and dividends$254,462
Tax-exempt bond proceeds$0
Royalty revenue$2,861,490
Net rental income$1,424
Net gain from sale of non-inventory assets$55,189
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-49,492
Miscellaneous revenues$548,224
Total revenues$8,138,451

Form 990s for Florida Association of Insurance Agents

Fiscal year endingDate received by IRSFormPDF link
2023-082024-07-15990View PDF
2022-082023-07-13990View PDF
2021-082022-07-14990View PDF
2020-082021-07-15990View PDF
2019-082021-06-07990View PDF
...and 9 more Form 990s
Data update history
August 30, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 29, 2024
Updated personnel
Identified 4 new personnel
August 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 21, 2023
Updated personnel
Identified 5 new personnel
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Trade associationsBusiness and community development organizationsHeadquarter / parent organizations
Issues
EducationBusiness and industry
Characteristics
MembershipsPolitical advocacyState / local levelCommunity engagement / volunteeringRelated 527
General information
Address
PO Box 12129
Tallahassee, FL 32317
Metro area
Tallahassee, FL
County
Leon County, FL
Website URL
faia.com/ 
Phone
(850) 893-4155
Facebook page
Florida.Agents 
Twitter profile
@faia_florida 
IRS details
EIN
59-0247064
Fiscal year end
August
Taxreturn type
Form 990
Year formed
1904
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813910: Trade Associations
Parent/child status
Central organization
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