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Filing year 2023

INDEPENDENT INSURANCE AGENTS AND BROKERS OF AMERICA

Alexandria, Virginia·EIN 13-5665571·6
Total revenue
$12.4M
Total assets
$29.3M
Total expenses
$11.8M
Reported officers
65
Mission

TO PROVIDE MEMBERS WITH A SUSTAINABLE COMPETITIVE ADVANTAGE. TO PROMOTE AND REPRESENT THE COMMON BUSINESS INTERESTS OF INDEPENDENT INSURANCE AGENTS AND BROKERS WITHIN THE INDUSTRY AND BEFORE GOVERNMENT AND THE PUBLIC.

Executive compensation, broken down

Form 990 · Schedule J · 13 reported individuals · Filing year 2023

CEO (until 08/31/2023)
$657k
$720k
Base
$587k
Bonus
Other
$25k
Benefits
$9k
Senior Vp, Govt Affairs
senior vice president
$411k
$450k
Base
$278k
Bonus
$74k
Other
Benefits
$10k
Vp, Political Affairs
vice president
$343k
$376k
Base
$247k
Bonus
$39k
Other
Benefits
$27k
Chief Counsel
officer (unspecified)
$240k
$263k
Base
$196k
Bonus
Other
Benefits
$13k
Base
$158k
Bonus
Other
Benefits
$9k
Vp, Company Relations
vice president
$206k
$226k
Base
$138k
Bonus
$41k
Other
Benefits
$11k
Dir. of Federal Govt Affairs
highest compensated employee
$194k
$213k
Base
$179k
Bonus
Other
Benefits
$10k
Executive Director of Tc
$129k
$141k
Base
$73k
Bonus
$21k
Other
$425
Benefits
$4k
President of Bia
key employee
$74k
$81k
Base
$15k
Bonus
$8k
Other
Benefits
$986
Professional Liability VP
vice president
$56k
$61k
Chair
board chair
$36k
$39k
Former Chair
board chair
$32k
$35k
Vice President - Big I Advantage
vice president
$17k
$18k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 52 unpaid individuals.

Down 42%
from 2022

From $1.1M in 2022 to $657k in 2023.

$1.1M
2022
$657k
2023
In today's dollarsEst.
Down 43% in real terms$1.3M to $720k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

INDEPENDENT INSURANCE AGENTS AND BROKERS OF AMERICA reported revenue and expenses across 2 filing years.

RevenueExpenses
$11.9M
$13M
2022
$12.4M
$11.8M
2023
Total revenue and total expenses from IRS Form 990 filings.
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