Rhode Island Association Of Insurance & Financial Advisors Inc is located in Warwick, RI. The organization was established in 1943. 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. Rhode Island Association Of Insurance & Financial Advisors 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 12/2023, Rhode Island Association Of Insurance & Financial Advisors Inc generated $31.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $30.7k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
CONTINUING EDUCATIONAL PROGRAMS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Case Director | 10 | $0 | |
John N Peacock Director | 10 | $0 | |
Janice A Kaplan Director | 10 | $0 | |
Mark A Male Treasurer/executive Direct | 10 | $0 | |
Bryan Becotte President | 10 | $0 | |
Eugene Nadeau Director | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,400 |
| Membership dues | $28,608 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $31,008 |
| 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 | $10,200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3 |
| Other expenses | $20,530 |
| Total expenses | $30,733 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,662 |
| Other assets | $0 |
| Total assets | $14,662 |
| Total liabilities | $850 |
| Net assets or fund balances | $13,812 |