Insurance Information Institute Inc

Organization Overview

Insurance Information Institute Inc is located in New York, NY. The organization was established in 1989. According to its NTEE Classification (Y05) the organization is classified as: Research Institutes & Public Policy Analysis, 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. Insurance Information Institute Inc 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 12/2021, Insurance Information Institute Inc generated $7.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $9.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE PUBLIC UNDERSTANDING OF INSURANCE - WHAT IT DOES AND HOW IT WORKS

Describe the Organization's Program Activity:

Part 3 - Line 4a

MEMBERSHIP DUES FROM INDUSTRY MEMBERS TO SUPPORT ACTIVITIES BENEFITTING THE INSURANCE INDUSTRY. TRIPLE-I PRODUCES PUBLIC EDUCATIONAL MATERIALS IN SUPPORT OF OUR MISSION TO BE THE TRUSTED SOURCE OF DATA-DRIVEN INSIGHTS ON INSURANCE TO INFORM AND EMPOWER CONSUMERS. TRIPLE-I PROVIDES BENEFITS TO MEMBERS INCLUDING INDUSTRY REPORTS, FACTS AND STATISTICS, THE DAILY NEWS PUBLICATION, SIGNIFICANT COMMUNICATION/MEDIA RELATIONS SERVICES AND RESEARCH SERVICES.


SUBSCRIBER FEES FROM ASSISTING OTHER INDUSTRY ORGANIZATIONS - TRIPLE-I AMPLIFY IS A PUBLIC RELATIONS (PR) CONSULTANCY DESIGNED TO HELP INSURANCE INDUSTRY MEMBER ORGANIZATIONS DRIVE INCREASED AWARENESS OF THEIR MISSION AND DEEPEN THEIR INDUSTRY ENGAGEMENT THROUGH COMMUNICATIONS-RELATED AND MEDIA SERVICES.


JOINT INDUSTRY FORUM REGISTRATION FEES - THE JOINT INDUSTRY FORUM CONFERENCE ASSEMBLES KEY FIGURES FROM THE BUSINESS, POLICYMAKING, AND MEDIA SPHERES TO EXPLORE TOPICS OF VITAL INTEREST TO THE PROPERTY/CASUALTY INSURANCE INDUSTRY AND PROVIDE NETWORKING OPPORTUNITIES FOR TRIPLE-I MEMBERS AND OTHER INSURANCE INDUSTRY LEADERS.


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Board, Officers & Key Employees

Name (title)Compensation
Richard P Creedon
Director
$0
Peter L Miller
CEO
$0
Sean Kevelighan
Director
$0
Katherine E Horowitz
Secretary
$0
Jeffrey A Scheidt
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Aicpcu
Shared Resources
$678,673
Hamilton Place Strategies Llc
Consulting
$830,000
Aartrijk
Consulting
$115,500
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$7,436,148
Investment income $82
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,552,043

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Insurance Information Institute Inc has recieved totaling $30,000.

Awarding OrganizationAmount
Aarp

Washington, DC

PURPOSE: Sponsorship of webinar events

$30,000
View Grant Recipient Profile

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