Massachusetts Mutual Life Insurance Co General Agents Assoc
- Assets
- $229.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chesapeake, VA
- Founding
- 11/1944
- Data as of
- 12/2022
- EIN
- 84-6036529
Organization Overview
Massachusetts Mutual Life Insurance Co General Agents Assoc is located in Chesapeake, VA. The organization was established in 1944. 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 the central organization for a national or regional group of organizations. Massachusetts Mutual Life Insurance Co General Agents Assoc 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 12/2022, Massachusetts Mutual Life Insurance Co General Agents Assoc generated $133.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $160.9k during the year ending 12/2022. While expenses have increased by 6.0% per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
VARIOUS MEETINGS HELD THROUGHOUT THE YEAR TO DISCUSS CURRENT TOPICS RELEVANT TO THE INSURANCE BUSINESS. SUBCOMMITTEES FORMED FOR SPECIFIC INSURANCE PRODUCTS AND/OR BUSINESS NEEDS(SUCH AS LIFE, DISABILITY INCOME, NEW BUSINESS, RECRUITING, TRAINING, ETC).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Bach President | 2 | $0 | |
Brad Somma Vice Preside | 2 | $0 | |
Joe Mallee Treasurer | 2 | $0 | |
Eric Spindt Treasurer El | 2 | $0 | |
Scott Greenfield Tech Chair | 2 | $0 | |
Brendan Naughton Brokerage Co | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $133,500 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $133,504 |
| 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 | $575 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $176 |
| Other expenses | $160,121 |
| Total expenses | $160,872 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $229,248 |
| Other assets | $0 |
| Total assets | $229,248 |
| Total liabilities | $0 |
| Net assets or fund balances | $229,248 |