Florida Association Of Health Underwriters Inc
- Assets
- $74.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Altamonte Springs, FL
- Founding
- 05/1996
- Data as of
- 08/2021
- EIN
- 65-0605904
Organization Overview
Florida Association Of Health Underwriters Inc is located in Altamonte Springs, FL. The organization was established in 1996. 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. Florida Association Of Health Underwriters 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 08/2021, Florida Association Of Health Underwriters Inc generated $193.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $168.5k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
FAHU'S MISSION IS TO PROTECT THE CONSUMERS' FUTURE BY ADVOCATING ETHICAL LEADERSHIP AND PROFESSIONAL STANDARDS BY EDUCATING OUR MEMBERS AND THE CONSUMERS THEY SERVE.
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION OFFERS TWO ANNUAL MEETINGS.ONE OFFERS THE MEMBERSHIP THE OPPORTUNITY TO SEE NEW PRODUCTS AVAILABLE FOR WITHIN THE INSURANCE MARKET AND EDUCATIONAL COURSES FOR GENERAL LEARNING AND CONTINUING EDUCATION. THE OTHER MEETING PROVIDES AN OPPORTUNITY TO LEARN ABOUT POTENTIAL NEW REGULATION AFFECTING THE INDUSTRY
THE SUMMIT OFFERED MEMBERS AND OTHER INSURANCE PROFESSIONALS THE OPPORTUNITY TO LEARN ABOUT MEDICARE CHANGES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Sherrill Executive Director | 15 | $23,550 | |
Tonda Lawson President | 4 | $0 | |
Ashley Kapostins Immediate Past President | 1 | $0 | |
Angela Mynarski President Elect | 1 | $0 | |
Morgan Campbell Secretary | 4 | $0 | |
Josh Hoppe Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $116,920 |
| Membership dues | $64,289 |
| Investment income | $110 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $11,719 |
| Total Revenue | $193,038 |
| 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 | $73,550 |
| Occupancy, rent, utilities, and maintenance | $438 |
| Printing, publications, postage, and shipping | $198 |
| Other expenses | $94,295 |
| Total expenses | $168,481 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $74,786 |
| Other assets | $0 |
| Total assets | $74,786 |
| Total liabilities | $5,000 |
| Net assets or fund balances | $69,786 |
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| Organization Name | Assets | Revenue |
|---|---|---|
Health First Inc Welfare Benefit Plan Rockledge, FL | $6,596,881 | $76,084,325 |
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Flnc Inc Apopka, FL | $48,544,911 | $28,151,992 |
Florida Workers Compensation Insurance Guaranty Association Tallahassee, FL | $160,792,783 | $30,980,706 |
Mount Sinai Hospital Insurance Trust No 1 Miami Beach, FL | $244,139 | $16,605,515 |
Alabama Farmers Cooperative Employees Welfare Benefit Plan Decatur, AL | $562,417 | $15,709,334 |
Thompson Tractor Co Inc Employee Benefit Trust Birmingham, AL | $5,674,629 | $15,989,582 |
Cwm Employee Benefit Trust Marietta, GA | $2,913,278 | $11,844,381 |
Alabama Insurance Guaranty Association Birmingham, AL | $168,293,024 | $6,611,625 |
Georgia Insurers Insolvency Pool Duluth, GA | $145,962,190 | $6,621,081 |
The University Of South Alabama Professional Liability Trust Fund Mobile, AL | $52,169,275 | $10,546,535 |
Florida Surplus Lines Service Office Tallahassee, FL | $53,775,536 | $9,728,040 |