Association Of Oklahoma Life Insurance Companies is located in Oklahoma City, OK. The organization was established in 1982. 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. Association Of Oklahoma Life Insurance Companies 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 10/2019, Association Of Oklahoma Life Insurance Companies generated $43.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $42.6k during the year ending 10/2019. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 5 years. 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
2019
Describe the Organization's Program Activity:
Part 3
BUSINESS PROMOTION AND LOBBYING FOR STATE BILLS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Peterson President | 0.1 | $0 | |
Kyle Conrad Vice Preside | 0.1 | $0 | |
J Angela Ables Exec Vice Pr | 5 | $0 | |
Chris Kenney Secretary/tr | 0.1 | $0 | |
Linda Sargent Vice Preside | 0.1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $43,500 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $43,500 |
| Statement of Expenses | |
|---|---|
| Total expenses | $42,617 |
| Balance Sheet | |
|---|---|
| Total assets | $1,935 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,935 |