EIN 59-0247064

Florida Association of Insurance Agents

IRS 501(c) type
501(c)(6)
Num. employees
33
State
Year formed
1904
Most recent tax filings
2022-08-01
NTEE code, primary
Description
Florida Association of Insurance Agents serves the needs of Florida insurance agents and consumers by promoting a healthy and competitive insurance environment. The association's largest meeting is for a convention trade show and education symposium, accounting for 20% of its expenses. Additionally, the association provides legislative and regulatory advocacy for independent insurance agents in Florida, accounting for 10% of its expenses. The association is located in Tallahassee, FL.
Total revenues
$7,681,350
2022
Total expenses
$6,685,952
2022
Total assets
$19,355,911
2022
Num. employees
33
2022

Program areas at Florida Association of Insurance Agents

Education: this program accounts for 20% of the Association's expenses. The purpose of the program is to provide education and training for Insurance Agents in the state of Florida. The Insurance industry is very complicated and it is being changed constantly by state statutes and regulators. Continuing education and training is required to keep Agents competent.
Legislation and regulation: this program accounts for 10% of the Association's expenses. The purpose of the program is to provide legislative and regulatory advocacy for the independent Insurance Agents in the state of Florida. The Insurance industry is highly regulated by governmental agencies and the Association provides a united voice to advocate on behalf of independent Insurance Agents.
Meetings: this program accounts for 20% of the Association's expenses. The purpose of these expenses is for various meetings of the Association. The largest meeting is for a convention trade show and education symposium. The convention brings Insurance Agents together for education and training and provides a trade show that brings in vendors that are relevant to running a successful Insurance agency business. Other meetings are for the purpose of planning and running the affairs of the Association.

Personnel at Florida Association of Insurance Agents

NameTitleCompensation
Kyle UlrichPresident and Chief Executive Officer$498,391
Paul PeeplesVice President and Chief Operating Officer$232,542
Lance HamptonChief Financial Officer$64,134
Dave NewellVice President of Membership and Industry Relations
Dave BurtVice President and Managing Director
...and 27 more key personnel

Financials for Florida Association of Insurance Agents

RevenuesFYE 08/2022
Total grants, contributions, etc.$0
Program services$4,356,827
Investment income and dividends$145,126
Tax-exempt bond proceeds$0
Royalty revenue$2,546,449
Net rental income$-228
Net gain from sale of non-inventory assets$-114,869
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$22,295
Miscellaneous revenues$725,750
Total revenues$7,681,350

Form 990s for Florida Association of Insurance Agents

Fiscal year endingDate received by IRSFormPDF link
2021-082022-07-14990View PDF
2020-082021-07-15990View PDF
2019-082021-06-07990View PDF
2018-082019-05-14990View PDF
2017-082018-10-16990View PDF
...and 7 more Form 990s
Data update history
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 8, 2023
Updated personnel
Identified 3 new personnel
March 27, 2023
Used new vendors
Identified 2 new vendors, including , and
July 22, 2022
Posted financials
Added Form 990 for fiscal year 2020
July 21, 2022
Updated personnel
Identified 6 new personnel
Nonprofit Types
Professional associationsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Business and industry
Characteristics
MembershipsState / local levelCommunity engagement / volunteering
General information
Address
PO Box 12129
Tallahassee, FL 32317
Metro area
Tallahassee, FL
County
Leon County, FL
Website URL
faia.com/ 
Phone
(850) 893-4155
Facebook page
Florida.Agents 
Twitter profile
@faia_florida 
IRS details
EIN
59-0247064
Fiscal year end
August
Taxreturn type
Form 990
Year formed
1904
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813920: Professional Associations
Parent/child status
Central organization
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