National Association Of Benefits And Insurance Professionals Ma
- Assets
- $233.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomfield, CT
- Founding
- 06/1995
- Data as of
- 06/2024
- 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 06/2024, National Association Of Benefits And Insurance Professionals MA generated $146.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.4% each year . All expenses for the organization totaled $136.8k during the year ending 06/2024. While expenses have increased by 4.7% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Program Activity:
Part 3
NATIONAL ASSOCIATION OF BENEFITS AND INSURANCE PROFESSIONALS - MASSACHUSETTS CHAPTER 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 |
|---|---|---|---|
Eric Gulko President | 2.5 | $0 | |
William Stuart Immediate Past President | 2.5 | $0 | |
Gregory Puig Vice President | 2.5 | $0 | |
Thomas Hannon Secretary | 2.5 | $0 | |
Joseph Lawler Treasurer | 2.5 | $0 | |
Marie Chalmers Director | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $127,651 |
| Membership dues | $18,954 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $146,605 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $33,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,594 |
| Other expenses | $102,160 |
| Total expenses | $136,754 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $232,987 |
| Other assets | $0 |
| Total assets | $232,987 |
| Total liabilities | $26,280 |
| Net assets or fund balances | $206,707 |