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Nonprofit · EIN 42-6075772

IOWA INSURANCE INSTITUTE

Tax-exempt · DES MOINES, IA 50309

Financials

$220K$189K2023$214K$185K2024
Revenue Expenses · by fiscal year end
Financials of IOWA INSURANCE INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$214,068$185,275$28,793$463,891$0$463,891
December 31, 2023990$220,345$188,623$31,722$435,098$0$435,098
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$212,763
Membership dues
$212,763
Program service revenue
$0
Investment income
$1,305
Other revenue
$0

Expenses

Grants and similar amounts paid
$26,250
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$750

Balance sheet and other

Total assets, start of year
$435,098
Total assets, end of year
$463,891
Total liabilities, end of year
$0
Net assets, end of year
$463,891
Net assets without donor restrictions
$463,891
Gross receipts
$214,068
Employees
0
Volunteers
0
Year formed
1950
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Aaron PearcePresident, Director
Trustee or director, Officer
3$0
Michael SternVice President, Director
Trustee or director, Officer
3$0
Dana ChittickSecretary,Director
Trustee or director, Officer
3$0
Patrick FagaTreasurer, Director
Trustee or director, Officer
3$0
Kelsey ClarkDirector
Trustee or director
3$0
Margaret NunneDirector
Trustee or director
3$0
Kim DeckerDirector
Trustee or director
3$0
Paul SwintonDirector
Trustee or director
3$0
Lance MayberryDirector
Trustee or director
3$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
Aaron PearcePresident, Director
Trustee or director, Officer
3$0
Michael SternVice President, Director
Trustee or director, Officer
3$0
Dana ChittickSecretary,Director
Trustee or director, Officer
3$0
Patrick FagaTreasurer, Director
Trustee or director, Officer
3$0
Kelsey ClarkDirector
Trustee or director
3$0
Margaret NunneDirector
Trustee or director
3$0
Kim DeckerDirector
Trustee or director
3$0
Paul SwintonDirector
Trustee or director
3$0

Address and contacts

Address (IRS master file)
510 EAST LOCUST, DES MOINES, IA 50309-1965
In care of
% IOWA INSURANCE INSTITUTE
Principal officer (990 for 2024)
Aaron Pearce, 11201 Douglas Avenue, Urbandale, IA 50322
Signed the 990
Patrick Faga, Treasurer
Phone
(515) 669-1304
Return prepared by
DELMAR R MOHLER CPA

Mission

Its purpose is to provide its members information regarding legislative and regulatory developments in Iowa and to monitor and introduce legislation in the property and casualty insurance industry.

990 for the year ended December 31, 2024

Program accomplishments

  • Provided members information and access to legislative activities affecting the property and casualty insurance industry.

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
42-6075772
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1961
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$463,891
Income (IRS master file)
$214,068

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$214,068$185,275$463,891XML
990December 2023$220,345$188,623$435,098XML
990December 2022$217,927$212,284$403,375IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 42-6075772).

Questions about IOWA INSURANCE INSTITUTE

What is the EIN of IOWA INSURANCE INSTITUTE?
The employer identification number (EIN) of IOWA INSURANCE INSTITUTE is 42-6075772.
Is IOWA INSURANCE INSTITUTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1961.
Are donations to IOWA INSURANCE INSTITUTE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does IOWA INSURANCE INSTITUTE 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 IOWA INSURANCE INSTITUTE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did IOWA INSURANCE INSTITUTE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of IOWA INSURANCE INSTITUTE?
The 990 for the year ended December 31, 2024 names Aaron Pearce.
Who are the officers and directors of IOWA INSURANCE INSTITUTE?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does IOWA INSURANCE INSTITUTE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $214,068, expenses of $185,275 and total assets of $463,891 at year end.

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