Independent Insurance Agents Of Broward Co Inc
- Assets
- $134.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cooper City, FL
- Founding
- 06/1983
- Data as of
- 08/2022
- EIN
- 59-0944561
Organization Overview
Independent Insurance Agents Of Broward Co Inc is located in Cooper City, FL. The organization was established in 1983. 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. Independent Insurance Agents Of Broward Co 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 08/2022, Independent Insurance Agents Of Broward Co Inc generated $72.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $51.5k during the year ending 08/2022. While expenses have increased by 1.3% per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROMOTE AND ADVERTISE THE INTEREST OF INDEPENDENT INSURANCE AGENCIES IN BROWARD COUNTY, FLORIDA. THAT IS DONE THROUGH GOLF TOURNAMENTS, BIG I DAY, BOWLING, MONTHLY EVENTS,HOLIDAY PARTY, CORNHOLE, EDUCATION, INSTALLATION, GOLF, AND MEMBERSHIP MEETINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Priester Fassbach Executive Direc | 25 | $32,524 | |
Kaci Mujica Secretary | 0 | $0 | |
Adam Spiegel Director | 0 | $0 | |
Greg Bunt Director | 0 | $0 | |
Nicole Coppock President | 0 | $0 | |
Randy Item Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $38,438 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $29,175 |
| Other Revenue | $0 |
| Total Revenue | $72,617 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $35,059 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $162 |
| Other expenses | $16,318 |
| Total expenses | $51,539 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $121,404 |
| Other assets | $0 |
| Total assets | $134,556 |
| Total liabilities | $7,116 |
| Net assets or fund balances | $127,440 |
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