Connecticut Young Insurance Professionals is located in Glenmont, NY. The organization was established in 1993. 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. Connecticut Young Insurance Professionals 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, Connecticut Young Insurance Professionals generated $69.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $72.4k during the year ending 12/2023. While expenses have increased by 2.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
EDUCATIONAL MEETINGS WERE HELD AND MAILINGS SENT TO MEMBERS TO ENHANCE AND EXPAND THEIR KNOWLEDGE OF THE INSURANCE INDUSTRY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Justin Sloan President-Elect | 1 | $0 | |
James Kannengeiser Treasurer | 1 | $0 | |
Ryan Kelly President | 1 | $0 | |
Anthony Desalva Immediate Past President | 1 | $0 | |
Kieran Buttrick Director | 1 | $0 | |
Robyn Ricciardone Vice President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $3,400 |
Membership dues | $4,090 |
Investment income | $1,592 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $60,400 |
Total Revenue | $69,482 |
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 | $1,600 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $70,800 |
Total expenses | $72,400 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $15,359 |
Other assets | $0 |
Total assets | $72,779 |
Total liabilities | $4,073 |
Net assets or fund balances | $68,706 |