Professional Insurance Agents Of Florida And The Caribbean
- Assets
- $60.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- 05/1960
- Data as of
- 12/2023
- EIN
- 59-0870355
Organization Overview
Professional Insurance Agents Of Florida And The Caribbean is located in Alexandria, VA. The organization was established in 1960. 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. Professional Insurance Agents Of Florida And The Caribbean 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 12/2023, Professional Insurance Agents Of Florida And The Caribbean generated $188.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $170.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.5%) per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE INSURANCE INDUSTRY IN FLORIDA, PROVIDE TRAINING AND CONTINUING EDUCATION OPPORTUNITY FOR MEMBERS AND SUPPORT THE GROWTH OF THE INSURANCE INDUSTRY AND ITS MEMBERS' FIRMS.
Describe the Organization's Program Activity:
Part 3
PROVIDES ANNUAL CONFERENCES AND EDUCATIONAL CLASSES FOR TRAINING TO PAID MEMBERS AND PARTICIPANTS.
MONITORS LEGISLATIVE ISSUES RELATED TO THE INDUSTRY FOR MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori Augustyniak CPA CIC President | 2 | $0 | |
Kim Godwin Vice President | 2 | $0 | |
Bob Filichia Cpia Treasurer | 2 | $0 | |
Efrain Sora Cpia Immediate Past President | 1 | $0 | |
Lee Rogers Cpia National Director | 2 | $0 | |
Caple Howden Lutcf Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,150 |
| Total Program Service Revenue | $82,947 |
| Membership dues | $81,459 |
| Investment income | $13,362 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $7,747 |
| Total Revenue | $188,665 |
| 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 | $80,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $90,597 |
| Total expenses | $170,597 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,704 |
| Other assets | $0 |
| Total assets | $60,086 |
| Total liabilities | $5,945 |
| Net assets or fund balances | $54,141 |