Nonprofit · EIN 42-0650404
INDEPENDENT INSURANCE AGENTS OF IOWA
Tax-exempt · WDM, IA 50266
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $2,104,772 | $1,495,486 | $609,286 | $10,031,823 | $76,536 | $9,955,287 |
| August 31, 2024 | 990 | $1,806,486 | $1,461,927 | $344,559 | $9,390,098 | $144,367 | $9,245,731 |
| August 31, 2023 | 990 | $1,698,435 | $1,406,498 | $291,937 | $8,357,980 | $129,702 | $8,228,278 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $50,000
- Program service revenue
- $948,400
- Investment income
- $639,521
- Royalties
- $180,254
- Net rental income
- -$3,453
- Net gain from sales of assets
- $51,154
- Net income from sales of inventory
- $4,784
- Other revenue
- $466,851
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $361,983
- Other salaries and wages
- $249,505
- Salaries, compensation and benefits (total)
- $716,297
- Professional fundraising fees
- $0
- Legal fees
- $2,314
- Accounting fees
- $46,754
- Occupancy
- $45,301
- Travel
- $16,743
- Depreciation
- $34,108
Balance sheet and other
- Total assets, start of year
- $9,390,098
- Total assets, end of year
- $10,031,823
- Total liabilities, end of year
- $76,536
- Net assets, end of year
- $9,955,287
- Land, buildings and equipment
- $217,570
- Publicly traded securities
- $8,693,224
- Net assets without donor restrictions
- $9,955,287
- Gross unrelated business income
- -$3,069
- Gross receipts
- $3,547,163
- Employees
- 4
- Volunteers
- 80
- Year formed
- 1906
- State of legal domicile
- IA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TOM O'MEARA | CEO Officer | 48 | $303,295 | $46,233 |
| MELISSA MEINERS | CHIEF ADMIN Highest-paid employee | 40 | $118,646 | $28,698 |
| BILLY BLAKE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AJ KRIST | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DERRICK PARSONS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATIE ROSENBOOM | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHRIS GENTRY | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| DAVE WALTERS | VICE PRESIDE Trustee or director, Officer | 1 | $0 | $0 |
| STEVE GOODHUE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| LUKE HORAK | PAST PRESIDE Trustee or director, Officer | 1 | $0 | $0 |
| STEVE MADSEN | NATIONAL DIR Trustee or director, Officer | 2 | $0 | $0 |
| SCOTT WIRTZ LEFT SEPTEMBER 2024 | PAST PRESIDE Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended August 31, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TOM O'MEARA | CEO Officer | 48 | $286,472 | $47,541 |
| MELISSA MEINERS | CHIEF ADMIN Highest-paid employee | 40 | $111,774 | $30,880 |
| BILLY BLAKE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVE GOODHUE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AJ KRIST | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DERRICK PARSONS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATIE ROSENBOOM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LUKE HORAK | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| CHRIS GENTRY | VICE PRESIDE Trustee or director, Officer | 1 | $0 | $0 |
| DAVE WALTERS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| SCOTT WIRTZ | PAST PRESIDE Trustee or director, Officer | 1 | $0 | $0 |
| STEVE MADSEN | NATIONAL DIR Trustee or director, Officer | 2 | $0 | $0 |
990 for the year ended August 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TOM O'MEARA | CEO Officer | 48 | $271,994 | $43,712 |
| MELISSA MEINERS | CHIEF ADMIN Highest-paid employee | 40 | $104,636 | $27,612 |
| BILLY BLAKE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVE GOODHUE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AJ KRIST | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DERRICK PARSONS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATIE ROSENBOOM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVE WALTERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SCOTT WIRTZ | PRESIDENT Trustee or director, Officer | 3 | $0 | $0 |
| LUKE HORAK | VICE PRESIDE Trustee or director, Officer | 1 | $0 | $0 |
| CHRIS GENTRY | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DAVID ROWLEY | PAST PRESIDE Trustee or director, Officer | 1 | $0 | $0 |
| STEVE MADSEN | NATIONAL DIR Trustee or director, Officer | 3 | $0 | $0 |
| ELDON HUNSICKER LEFT DEC 2022 | NATIONAL DIR Trustee or director, Officer | 3 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4000 WESTOWN PKWY STE 200, WDM, IA 50266-6705
- Principal officer (990 for 2024)
- TOM O'MEARA
- Signed the 990
- TOM O'MEARA, CEO
- Phone
- (515) 223-6060
- Website
- IIAIOWA.ORG
- Return prepared by
- MHCS PC
Mission
THE INDEPENDENT INSURANCE AGENTS OF IOWA WILL BE AN UNRELENTING ADVOCATE OF THE BUSINESS, PROFESSIONAL AND POLITICAL INTERESTS OF ITS MEMBERS; DOING SO BY WORKING IN THE PUBLIC'S INTEREST AND WITH THE HIGHEST ETHICAL STANDARDS.
Program accomplishments
- PROMOTION, ADVOCACY AND OTHER GENERAL SERVICES TO INDEPENDENT INSURANCE AGENCIES DOING BUSINESS IN THE STATE OF IOWA. APPROXIMATELY 491 MEMBER AGENCIES AT YEAR END.
- THE ASSOCIATION HOSTS THE ANNUAL MEETING AND CONVENTION FOR ITS MEMBERSHIP EACH YEAR. THE CONVENTION PROVIDES DEVELOPMENT PROGRAMS IN ADDITION TO PROVIDING OPPORTUNITIES FOR NETWORKING AND SHARING OF IDEAS AMONG PEERS.
- THE ASSOCIATION COORDINATES SEMINARS, WORKSHOPS AND CONFERENCES PROVIDING FOR DEVELOPMENT AND LEARNING OPPORTUNITIES FOR INSURANCE AGENTS DOING BUSINESS IN IOWA.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 42-0650404
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1945
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $10,031,823
- Income (IRS master file)
- $3,547,163
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $2,104,772 | $1,495,486 | $10,031,823 | XML |
| 990 | August 2024 | $1,806,486 | $1,461,927 | $9,390,098 | XML |
| 990 | August 2023 | $1,698,435 | $1,406,498 | $8,357,980 | XML |
| 990 | August 2022 | $1,959,343 | $1,349,964 | $7,880,743 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2019 | – | – | – | IRS |
| 990 | August 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-0650404).
Questions about INDEPENDENT INSURANCE AGENTS OF IOWA
- What is the EIN of INDEPENDENT INSURANCE AGENTS OF IOWA?
- The employer identification number (EIN) of INDEPENDENT INSURANCE AGENTS OF IOWA is 42-0650404.
- Is INDEPENDENT INSURANCE AGENTS OF IOWA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1945.
- Are donations to INDEPENDENT INSURANCE AGENTS OF IOWA tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does INDEPENDENT INSURANCE AGENTS OF IOWA file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INDEPENDENT INSURANCE AGENTS OF IOWA due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INDEPENDENT INSURANCE AGENTS OF IOWA last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of INDEPENDENT INSURANCE AGENTS OF IOWA?
- The 990 for the year ended August 31, 2025 names TOM O'MEARA.
- Who are the officers and directors of INDEPENDENT INSURANCE AGENTS OF IOWA?
- The 990 for the year ended August 31, 2025 lists 12 people; 2 received compensation from the organization, the highest $303,295 (TOM O'MEARA, CEO).
- How much revenue does INDEPENDENT INSURANCE AGENTS OF IOWA have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $2,104,772, expenses of $1,495,486 and total assets of $10,031,823 at year end.
Other nonprofits in WDM
- IOWA PHYSICIANS CLINIC MEDICAL FOUNDATION EIN 42-1411630 · last filed 990 for 2024
- IOWA HEALTH SYSTEM EIN 42-1435199 · last filed 990 for 2024
- LIFESPACE COMMUNITIES INC EIN 42-1068850 · last filed 990 for 2024
- UNITYPOINT AT HOME EIN 42-1477471 · last filed 990 for 2024
- CARE INITIATIVES EIN 76-0262402 · last filed 990 for 2024
- HY-VEE EMPLOYEE BENEFIT PLAN TR EIN 42-1170511 · last filed 990 for 2025
- DES MOINES UNIVERSITY OSTEOPATHIC MEDICAL CENTER EIN 42-0730347 · last filed 990 for 2025
- IOWA STUDENT LOAN LIQUIDITY CORP EIN 42-1137531 · last filed 990 for 2025