National Association Of Benefits And Insurance Professionals Ma
- Assets
- $223.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomfield, CT
- Founding
- 06/1995
- Data as of
- 06/2022
- EIN
- 04-3220961
Organization Overview
National Association Of Benefits And Insurance Professionals Ma is located in Bloomfield, CT. The organization was established in 1995. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Association Of Benefits And Insurance Professionals MA is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, National Association Of Benefits And Insurance Professionals MA generated $168.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $106.0k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MASSACHUSETTS ASSOCIATION OF HEALTH UNDERWRITERS INC. PROVIDES PROFESSIONAL DEVELOPMENT PROGRAMS INCLUDING APPROVED CONTINUING EDUCATION (CE) PROGRAMS FOR LICENSED INSURANCE AGENTS AND BROKERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Jennings Former Executive Director | 20 | $25,000 | |
William Stuart President | 2.5 | $0 | |
Matthew Shadrick Immediate Past President | 2.5 | $0 | |
Eric Gulko Vice President | 2.5 | $0 | |
Joseph Lawler Treasurer | 2.5 | $0 | |
Gregory Puig Secretary | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $140,992 |
| Membership dues | $27,550 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $168,542 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,000 |
| Professional fees and other payments to independent contractors | $40,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $50,976 |
| Total expenses | $105,976 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $223,601 |
| Other assets | $0 |
| Total assets | $223,601 |
| Total liabilities | $26,280 |
| Net assets or fund balances | $197,321 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that National Association Of Benefits And Insurance Professionals Ma has recieved totaling $12,000.
| Awarding Organization | Amount |
|---|---|
Tufts Associated Health Maintenance Organization Inc Canton, MA PURPOSE: Mass AHU Annual Sponsorship | $12,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iuoe Local 30 Benefits Fund Whitestone, NY | $137,370,493 | $75,805,086 |
Bna Cash Basis Veba Trust Brooklyn, NY | $0 | $57,496,830 |
Golub Corporation Employees Benefit Trust Schenectady, NY | $0 | $47,368,126 |
Social Service Employees Union Local 371 Welfare Fund New York, NY | $3,893,562 | $23,163,002 |
Kaiser Found Health Plan Inc Retiree Health & Welfare Plan Tr Boston, MA | $6,263,155,647 | $206,309,367 |
Connecticut Insurance Guaranty Association Boston, MA | $114,038,959 | $6,299,722 |
General Hospital Long Term Disability Trust Somerville, MA | $45,869,299 | $18,555,032 |
Centers For Care Health Plan Bronx, NY | $49,972,187 | $33,212,808 |
Lufthansa German Airlines Long Term Disability Benefits Pl Tr Uniondale, NY | $2,508,054 | $15,798,770 |
Welfare Fund Heat And Frost Insulators Local 12 Long Island City, NY | $34,847,538 | $18,361,265 |
Centers For Care Health Plan co Bronx Funding LLC Bronx, NY | $25,788,041 | $17,894,242 |
Rvc Insurance Company Inc Rockville Centre, NY | $295,933,062 | $29,353,576 |