American Agents Alliance Inc
- Assets
- $2.1m
- Revenue
- $992.2k
- Investments
- $70.2k
- Employees
- 3
- Location
- Sacramento, CA
- Founding
- 06/2005
- Data as of
- 01/2022
- EIN
- 95-4657853
Organization Overview
American Agents Alliance Inc is located in Sacramento, CA. The organization was established in 2005. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 01/2022, American Agents Alliance Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Agents Alliance 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 01/2022, American Agents Alliance Inc generated $992.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $935.9k during the year ending 01/2022. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE COMMON INTEREST AND WELFARE OF CALIFORNIA INSURANCE PROFESSIONALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO STUDY AND PROMOTE THE NEEDS OF MEMBERS; TO SECURE BETTER UNDERSTANDING OF THE INSURANCE BROKERAGE BUSINESS THROUGH SHARING OF IDEAS AND MUTUAL EFFORTS; TO ESTABLISH AND MAINTAIN A CLOSE RELATIONSHIP BETWEEN MEMBERS OF THE ORGANIZATION AND THE INSURANCE COMPANIES; TO HELP IN BETTER MEETING PUBLIC INSURANCE NEEDS.
TO PROVIDE AN EDUCATIONAL CONVENTION FOR MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike D'arelli Executive Director | 40 | $192,379 | |
Joel Wright Vice President | Trustee | 1.5 | $0 |
Daniel Groff CFO | Trustee | 1.5 | $0 |
Charles Garrison Board Member | Trustee | 1.5 | $0 |
Ken May Past President | Trustee | 1.5 | $0 |
Harry Crusberg President | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $248,881 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $53,060 |
| 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 | $301,941 |
| Total Program Service Revenue | $605,057 |
| Investment income | $83,036 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$47 |
| Net Gain/Loss on Asset Sales | $1,649 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $992,230 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $192,379 |
| Compensation of current officers, directors, key employees. | $28,857 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $100,154 |
| Pension plan accruals and contributions | $9,582 |
| Other employee benefits | $7,380 |
| Payroll taxes | $19,775 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,274 |
| Fees for services: Accounting | $16,962 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $23,146 |
| Advertising and promotion | $47,636 |
| Office expenses | $1,760 |
| Information technology | $8,607 |
| Royalties | $0 |
| Occupancy | $16,275 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $342,893 |
| Interest | $9,292 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,908 |
| Insurance | $29,183 |
| All other expenses | $6,582 |
| Total functional expenses | $935,943 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $368,747 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $179,353 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $133,963 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $392,969 |
| Investments—publicly traded securities | $996,718 |
| Investments—other securities | $70,214 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,141,964 |
| Accounts payable and accrued expenses | $22,027 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $204,050 |
| Unsecured mortgages and notes payable | $500,000 |
| Other liabilities | $26,354 |
| Total liabilities | $752,431 |
| Net assets without donor restrictions | $1,389,533 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,141,964 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Worldwide Broker Network Us Inc San Francisco, CA | $1,656,895 | $3,985,774 |
Court Of Master Sommeliers Americas Napa, CA | $2,386,089 | $2,223,324 |
Humboldt Lodging Alliance Inc Eureka, CA | $2,445,778 | $1,031,701 |
District Hospital Leadership Forum Sacramento, CA | $1,610,339 | $2,002,679 |
Broadband Forum Fremont, CA | $3,420,246 | $1,816,286 |
Northwest Gas Association West Linn, OR | $593,942 | $1,164,361 |
California Korean American Pharmacists Association Los Angeles, CA | $77,639 | $1,061,092 |
Us Apple Export Council Sacramento, CA | $415,852 | $1,024,965 |
Guildsomm Inc Petaluma, CA | $935,763 | $1,276,326 |
American Agents Alliance Inc Sacramento, CA | $2,141,964 | $992,230 |
San Mateo County Deputy Sheriffs Association Redwood City, CA | $3,447,948 | $1,009,895 |
East Valley Association Of Realtors Redlands, CA | $2,612,105 | $1,180,628 |