Insurance Brokers And Agents Of Silicon Valley
- Assets
- $29.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Boulder Creek, CA
- Founding
- 02/1940
- Data as of
- 12/2021
- EIN
- 94-6080130
Organization Overview
Insurance Brokers And Agents Of Silicon Valley is located in Boulder Creek, CA. The organization was established in 1940. 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. Insurance Brokers And Agents Of Silicon Valley 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, Insurance Brokers And Agents Of Silicon Valley generated $7.0k 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 (13.9%) each year. All expenses for the organization totaled $10.3k during the year ending 12/2021. 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 Program Activity:
Part 3
THE INSURANCE BROKERS AND AGENTS OF THE SILICON VALLEY IS A NETWORK OF INSURANCE PROFESSIONALS THAT OFFERS CONTINUED GROWTH IN ALL LINES OF INSURANCE, CONTINUING EDUCATION AND DISCOUNTED INSURANCE PRODUCTS. WE PARTICIPATE AND RAISE FUNDS FOR CHARITABLE ORGANIZATIONS. WE ARE COMMITTED TO LEGISLATIVE CAMPAIGNS AND COALITIONS THAT PROMOTE OUR POLITICAL OBJECTIVES. OUR LOCAL ASSOCIATION MEMBERS ARE OFFERED BROADER ACCESS TO SERVICES AND PROGRAMS THROUGH THE REGIONAL ASSOCIATION, IBA WEST. WE CREATE AND PROMOTE RELATIONSHIPS THAT STRENGTHEN OUR INDUSTRY, THEREBY ALLOWING US TO SERVE OUR CLIENTS WITH THE HIGHEST ETHICAL AND PROFESSIONAL STANDARDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Borja-Chavez President | 0 | $0 | |
Micheal Bonham Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,915 |
| Total Program Service Revenue | $0 |
| Membership dues | $5,106 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $7,035 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,400 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,903 |
| Total expenses | $10,303 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,483 |
| Other assets | $0 |
| Total assets | $29,483 |
| Total liabilities | $0 |
| Net assets or fund balances | $29,483 |