EIN 04-3172159

Massachussetts Association of Insurance Agents (MAIA)

Name: Massachussetts Association of Insurance Agents (MAIA) financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(6)

Num. employees

City

Milford

State

Massachusetts

Year formed

1992

Most recent tax filings

2023-12-01

NTEE code, primary

Y03: Mutual and Membership Benefit Professional Societies and Associations

Description

MAIA is a member driven association committed to the American Insurance Agency system. Become a Fan and stay up to date on industry news, events, and the good works that happen at your association every day. MAIA is dedicated to preserving, strengthening and promoting members and the American Insurance Agency System as the premier distribution system of insurance and financial services. MAIA is a member driven association dedicated to preserving, strengthening and promoting members and the American insurance agency system as the premier distribution system of insurance and financial services.

Also known as...

Massachusetts Association of Insurance Agents

Total revenues

$5,716,141

2023

Total expenses

$4,614,820

2023

Total assets

$15,959,732

2023

Num. employees

2023

Program areas at MAIA

Activities to promote industry and government relations as well as to support and promote sound principles, fair competition, and ethical practices within the Insurance agency.

Educational seminars and programs to provide professional training for Association members and inform members of the latest trends and issues impacting the Insurance industry.

Who funds Massachussetts Association of Insurance Agents (MAIA)

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Trusted Choice (TC)	2023-08	Advertising & Recruiting	$60,000

Personnel at MAIA

Name	Title	Compensation	Date of data
Nicholas A Fyntrilakis	President and Chief Executive Officer	$445,537	2024-08-06
Heather Kramer	Chief Operating Officer and Vice President	$218,920	2023-12-31
Patricia Loonie	Vice President Finance	$0	2023-12-31
Irene Morrill	Vice President of Technical Affairs	$173,834	2023-12-31
Ann Tobin	Vice President of Agency Services	$0	2023-12-31
...and 31 more key personnel

Financials for MAIA

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$101,350	$182,724	-44.5%
Program services	$3,477,660	$3,764,423	-7.6%
Investment income and dividends	$157,967	$119,003	32.7%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$679,822	$652,514	4.2%
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$248,790	$-25,790	1064.7%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$1,050,552	$352,341	198.2%
Total revenues	$5,716,141	$5,045,215	13.3%

Form 990s for MAIA

Fiscal year ending	Date received by IRS	Form	PDF link
2023-12	2024-08-06	990	View PDF
2022-12	2023-11-03	990	View PDF
2021-12	2022-11-09	990	View PDF
2020-12	2021-09-07	990	View PDF
2019-12	2020-10-20	990	View PDF
...and 10 more Form 990s

Organizations like MAIA

Organization	Type	Location	Revenue
Big Insurance Michigan (MAIA)	501(c)(6)	Lansing, MI	$2,388,481
Risk and Insurance Management Society (RIMS)	501(c)(6)	New York, NY	$15,141,629
Alabama Independent Insurance Agents (AIIA)	501(c)(6)	Birmingham, AL	$1,475,810
Independent Insurance Agents and Brokers of Louisiana (IIABL)	501(c)(6)	Baton Rouge, LA	$2,023,369
Independent Insurance Agents of Georgia (IIAG)	501(c)(6)	Alpharetta, GA	$1,870,983
Independent Insurance Agents of North Carolina	501(c)(6)	Cary, NC	$4,716,113
Independent Insurance Agents of Wisconsin (IIA)	501(c)(6)	Madison, WI	$1,708,569
New York State Funeral Directors Association (NYSFDA)	501(c)(6)	Albany, NY	$3,357,934
Insurors of Tennessee	501(c)(6)	Nashville, TN	$2,039,535
Independent Insurance Agents of Iowa (IIAI)	501(c)(6)	West Des Moines, IA	$1,698,435

Data update history

September 27, 2024

Posted financials

Added Form 990 for fiscal year 2023

September 22, 2024

Updated personnel

Identified 4 new personnel

August 26, 2024

Received grants

Identified 1 new grant, including a grant for $60,000 from Trusted Choice (TC)

January 20, 2024

Posted financials

Added Form 990 for fiscal year 2022

January 20, 2024

Updated personnel

Identified 1 new personnel

Nonprofit Types

Mutual assistance organizationsProfessional associationsBusiness and community development organizations

Issues

Community improvementBusiness and industry

Characteristics

MembershipsState / local level

General information

Address: 91 Cedar St; Milford, MA 01757
Metro area: Worcester, MA-CT
County: Worcester County, MA
Website URL: massagent.com/
Phone: (508) 634-2900
Facebook page: massagent

IRS details

EIN: 04-3172159
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1992
Eligible to receive tax-deductible contributions (Pub 78): No

Categorization

NTEE code, primary: Y03: Mutual and Membership Benefit Professional Societies and Associations
NAICS code, primary: 813920: Professional Associations
Parent/child status: Independent

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Massachussetts Association of Insurance Agents (MAIA)

Program areas at MAIA

Who funds Massachussetts Association of Insurance Agents (MAIA)

Personnel at MAIA

Financials for MAIA

Form 990s for MAIA

Organizations like MAIA

Nonprofits

Product

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