Nationwide Insurance Independent Contractors Association Inc
- Assets
- $0.0
- Revenue
- $123.7k
- Investments
- $0.0
- Employees
- 0
- Location
- St Petersburg, FL
- Founding
- 05/1997
- Data as of
- 06/2020
- EIN
- 52-2034220
Organization Overview
Nationwide Insurance Independent Contractors Association Inc is located in St Petersburg, FL. The organization was established in 1997. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nationwide Insurance Independent Contractors Association 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 06/2020, Nationwide Insurance Independent Contractors Association Inc generated $123.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $333.1k during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE COMMON BUSINESS INTERESTS OF ITS MEMBERS WHO ARE NATIONWIDE INSURANCE INDEPENDENT CONTRACTOR AGENTS, THROUGH THE STUDY, DEVELOPMENT AND PROMULGATION OF RULES, PRINCIPLES, AND IDEAS PROMOTING ENHANCED PROFESSIONALISM, COMPETENCE AND ETHICAL PRACTICE IN THE FIELD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WITH NATIONWIDE'S (NW) DECISION TO IMPLEMENT A PROGRAM TO MAKE ALL CAPTIVE AGENTS TRULY INDEPENDENT AGENTS BY JULY 2020, NIICA CONTINUED TO FOCUS ON HELPING AGENTS EVALUATE AND IMPLEMENT THE THREE OPTIONS BEING OFFERED. WE ALSO CONTINUED OUR SOCIAL MEDIA DISCUSSION GROUP FOR NIICA MEMBERS TO OFFER ANY UPDATED INFORMATION, DISCUSS CONCERNS WITH THE PROPOSED CHANGES, AND GENERALLY OFFER SUPPORT FOR EACH OTHER IN THIS TIME OF TRANSITION.
THE ASSOCIATION OFFERED A SERIES OF WORKSHOPS AND A VENDOR EXPO IN FEBRUARY 2020. THE VENDOR EXPO OFFERED PRODUCTS AND SERVICES OUR MEMBERS WILL NEED TO CONSIDER AS THEY TRANSITION TO INDEPENDENT STATUS. THE WORKSHOPS INCLUDED PRESENTATIONS ON ISSUES AGENTS WILL NEED TO CONSIDER TO CHANGE THEIR BUSINESS MODEL IN THE TRANSITION TO INDEPENDENT STATUS. NIICA STARTED THE PROCESS TO DISSOLVE THE ASSOCIATION IN 2020 TO COINCIDE WITH THE NW COMPLETION OF THEIR PLANS FOR THE AGENTS TO BE INDEPENDENT BY JULY 1, 2020. NIICA ALSO BEGAN TO EXPLORE THE VARIOUS ASSOCIATIONS SUPPORTING THE INDUSTRY'S EXISTING INDEPENDENT AGENCIES TO IDENTIFY MEMBERSHIP TRANSITION OPPORTUNITIES IN 2020.
THE ASSOCIATION DISTRIBUTED BREAKING NEWS USING BROADCAST EMAILS AND FAXES KNOWN AS NIICABLES.
WITH NATIONWIDE'S (NW) DECISION TO IMPLEMENT A PROGRAM TO MAKE ALL CAPTIVE AGENTS TRULY INDEPENDENT AGENTS BY JULY 2020, NIICA CONTINUED TO FOCUS ON HELPING AGENTS EVALUATE AND IMPLEMENT THE THREE OPTIONS BEING OFFERED. WE ALSO CONTINUED OUR SOCIAL MEDIA DISCUSSION GROUP FOR NIICA MEMBERS TO OFFER ANY UPDATED INFORMATION, DISCUSS CONCERNS WITH THE PROPOSED CHANGES, AND GENERALLY OFFER SUPPORT FOR EACH OTHER IN THIS TIME OF TRANSITION.
THE ASSOCIATION OFFERED A SERIES OF WORKSHOPS AND A VENDOR EXPO IN FEBRUARY 2020. THE VENDOR EXPO OFFERED PRODUCTS AND SERVICES OUR MEMBERS WILL NEED TO CONSIDER AS THEY TRANSITION TO INDEPENDENT STATUS. THE WORKSHOPS INCLUDED PRESENTATIONS ON ISSUES AGENTS WILL NEED TO CONSIDER TO CHANGE THEIR BUSINESS MODEL IN THE TRANSITION TO INDEPENDENT STATUS. NIICA STARTED THE PROCESS TO DISSOLVE THE ASSOCIATION IN 2020 TO COINCIDE WITH THE NW COMPLETION OF THEIR PLANS FOR THE AGENTS TO BE INDEPENDENT BY JULY 1, 2020. NIICA ALSO BEGAN TO EXPLORE THE VARIOUS ASSOCIATIONS SUPPORTING THE INDUSTRY'S EXISTING INDEPENDENT AGENCIES TO IDENTIFY MEMBERSHIP TRANSITION OPPORTUNITIES IN 2020.
THE ASSOCIATION DISTRIBUTED BREAKING NEWS USING BROADCAST EMAILS AND FAXES KNOWN AS NIICABLES.
WITH NATIONWIDE'S (NW) DECISION TO IMPLEMENT A PROGRAM TO MAKE ALL CAPTIVE AGENTS TRULY INDEPENDENT AGENTS BY JULY 2020, NIICA CONTINUED TO FOCUS ON HELPING AGENTS EVALUATE AND IMPLEMENT THE THREE OPTIONS BEING OFFERED. WE ALSO CONTINUED OUR SOCIAL MEDIA DISCUSSION GROUP FOR NIICA MEMBERS TO OFFER ANY UPDATED INFORMATION, DISCUSS CONCERNS WITH THE PROPOSED CHANGES, AND GENERALLY OFFER SUPPORT FOR EACH OTHER IN THIS TIME OF TRANSITION.
THE ASSOCIATION OFFERED A SERIES OF WORKSHOPS AND A VENDOR EXPO IN FEBRUARY 2020. THE VENDOR EXPO OFFERED PRODUCTS AND SERVICES OUR MEMBERS WILL NEED TO CONSIDER AS THEY TRANSITION TO INDEPENDENT STATUS. THE WORKSHOPS INCLUDED PRESENTATIONS ON ISSUES AGENTS WILL NEED TO CONSIDER TO CHANGE THEIR BUSINESS MODEL IN THE TRANSITION TO INDEPENDENT STATUS. NIICA STARTED THE PROCESS TO DISSOLVE THE ASSOCIATION IN 2020 TO COINCIDE WITH THE NW COMPLETION OF THEIR PLANS FOR THE AGENTS TO BE INDEPENDENT BY JULY 1, 2020. NIICA ALSO BEGAN TO EXPLORE THE VARIOUS ASSOCIATIONS SUPPORTING THE INDUSTRY'S EXISTING INDEPENDENT AGENCIES TO IDENTIFY MEMBERSHIP TRANSITION OPPORTUNITIES IN 2020.
THE ASSOCIATION DISTRIBUTED BREAKING NEWS USING BROADCAST EMAILS AND FAXES KNOWN AS NIICABLES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Werner Executive Director | Officer | 3 | $13,403 |
Thom Polvogt President | OfficerTrustee | 2 | $0 |
Homer Davis Second Vice President | OfficerTrustee | 2 | $0 |
Eric Pirtle Secretary/treasurer | OfficerTrustee | 2 | $0 |
David Gardner Immediate Past President | OfficerTrustee | 2 | $0 |
Tim Halkos First Vice President | OfficerTrustee | 2 | $0 |
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 | $5,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $80,679 |
| Investment income | $0 |
| 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 | $123,703 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $12,633 |
| Fees for services: Legal | $15,642 |
| Fees for services: Accounting | $1,971 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,592 |
| Office expenses | $18,673 |
| Information technology | $650 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $180,842 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $333,075 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fl Association Of Counties Inc Tallahassee, FL | $9,013,728 | $5,481,525 |
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe Mobile, AL | $11,744,675 | $3,230,739 |
Women Corporate Directors Education And Development Foundation Inc Stuart, FL | $3,408,157 | $2,837,202 |
Georgia Highway Contractors Association Inc Alpharetta, GA | $1,405,091 | $1,643,875 |
Pile Driving Contractors Association Orange Park, FL | $1,207,632 | $1,387,614 |
Council For Quality Growth Inc Atlanta, GA | $1,449,992 | $1,248,012 |
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe Montgomery, AL | $1,865,618 | $919,481 |
Alabama Road Builders Association Inc Montgomery, AL | $1,176,404 | $946,355 |
Concrete Sawing & Drilling Association Inc Saint Petersburg, FL | $466,261 | $768,154 |
Asphalt Contractors Association Of Florida Inc Tallahassee, FL | $1,273,386 | $827,391 |
Florida Harbor Pilots Association Inc Tallahassee, FL | $380,158 | $688,410 |
Florida Attractions Association Tallahassee, FL | $603,323 | $807,312 |