Personal Insurance Federation Of California

Organization Overview

Personal Insurance Federation Of California is located in Sacramento, CA. The organization was established in 1990. According to its NTEE Classification (Y03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2021, Personal Insurance Federation Of California employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Personal Insurance Federation Of California 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 12/2021, Personal Insurance Federation Of California generated $2.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROTECT THE INTERESTS OF BUYERS AND SELLERS OF PERSONAL INSURANCE THROUGH REGULATORY AND LEGISLATIVE ADVOCACY

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION MAINTAINED AN ACTIVE REGULATORY AND LEGISLATIVE REPRESENTATION PROGRAM FOR ITEMS PERTAINING TO THE PERSONAL INSURANCE INDUSTRY.


THE ORGANIZATION CONDUCTED AN ANNUAL ROUNDTABLE AND SEMINARS ON TOPICS OF INTEREST TO ITS MEMBERSHIP.


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Board, Officers & Key Employees

Name (title)Compensation
Rex Frazier
President
$380,334
Seren Taylor
Sr. Legis. A
$224,827
Caylyn Wright
Political Di
$150,000
Charles Toney
Charman
$0
Theo Bell
Vice Chair
$0
David Grow
Treasurer
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Cda Rotunda Partners Llc
Facility Servic
$186,653
Wilson Public Affairs Inc
Public Affairs
$184,591
View All Vendors

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$1,973,327
Investment income $49
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $56,488
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 $2,029,864

Grants Awarded

Over the last fiscal year, Personal Insurance Federation Of California has awarded $30,000 in support to 3 organizations.

Grant RecipientAmount

ANAHUAK YOUTH SPORTS

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: DONATION

$10,000

CIVIL JUSTICE ASSOCIATION OF CALIF

Org PageRecipient Profile

Sacramento, CA

PURPOSE: DONATION

$10,000

AMERICAN PROPERTY CASUALTYINSURANCE ASSOCIATION

Org PageRecipient Profile

Chicago, IL

PURPOSE: CONTRIBUTION

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Personal Insurance Federation Of California has recieved totaling $54,000.

Awarding OrganizationAmount
American Property Casualty Insurance Association

Chicago, IL

PURPOSE: GENERAL SUPPORT

$54,000
View Grant Recipient Profile

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