Connecticut Young Insurance Professionals is located in Glenmont, NY. The organization was established in 1993. 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. Connecticut Young Insurance Professionals 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 12/2022, Connecticut Young Insurance Professionals generated $54.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $57.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 8 years. 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
EDUCATIONAL MEETINGS WERE HELD AND MAILINGS SENT TO MEMBERS TO ENHANCE AND EXPAND THEIR KNOWLEDGE OF THE INSURANCE INDUSTRY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Catherine Finlayson Director | 1 | $0 | |
Ryan Keating Director | 1 | $0 | |
Ryan Kelly President | 1 | $0 | |
Anthony Desalva Immediate Past President | 1 | $0 | |
Robyn Ricciardone Vice President | 1 | $0 | |
Katie Bailey Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $4,075 |
Investment income | $1,428 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $48,674 |
Total Revenue | $54,177 |
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 | $1,470 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $56,049 |
Total expenses | $57,519 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $20,522 |
Other assets | $0 |
Total assets | $71,882 |
Total liabilities | $5,064 |
Net assets or fund balances | $66,818 |
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