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Nonprofit · EIN 54-0417627

INDEPENDENT INSURANCE AGENTS OF VIRGINIA INC

Tax-exempt · RICHMOND, VA 23294

Financials

$1.2M$1.2M2023$1.1M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of INDEPENDENT INSURANCE AGENTS OF VIRGINIA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,121,944$1,305,207-$183,263$2,607,130$348,738$2,258,392
June 30, 2024990$1,180,414$1,177,744$2,670$2,843,210$410,284$2,432,926
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$579,173
Membership dues
$579,173
Program service revenue
$334,838
Investment income
$8,087
Royalties
$90,041
Net rental income
$22,401
Other revenue
$199,846

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$196,722
Other salaries and wages
$283,415
Salaries, compensation and benefits (total)
$574,188
Professional fundraising fees
$0
Legal fees
$2,042
Accounting fees
$52,358
Occupancy
$30,583
Travel
$2,180
Depreciation
$37,929

Balance sheet and other

Total assets, start of year
$2,843,210
Total assets, end of year
$2,607,130
Total liabilities, end of year
$348,738
Net assets, end of year
$2,258,392
Land, buildings and equipment
$821,742
Net assets without donor restrictions
$2,237,892
Net assets with donor restrictions
$20,500
Gross unrelated business income
$12,206
Gross receipts
$1,145,463
Employees
11
Volunteers
150
Year formed
1898
State of legal domicile
VA

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ROBERT N BRADSHAWPRESIDENT &
Officer
1$175,000$21,979
FOREST A WAGNERCHAIRMAN
Trustee or director, Officer
1$0$0
TROY SUTERCHAIR-ELECT
Trustee or director, Officer
1$0$0
DON M GILESFIRST VICE C
Trustee or director, Officer
1$0$0
RYAN M ANDREWTREASURER AN
Trustee or director, Officer
2$0$0
DOUGLAS M PALAISCOUNSEL
Trustee or director, Officer
1$0$0
JILL ROTHSTATE NATION
Trustee or director, Officer
1$0$0
MARK SMITHDISTRICT 1 D
Trustee or director
1$0$0
CHARLES BEEMUSDISTRICT 2 D
Trustee or director
1$0$0
EDDIE F GAYDISTRICT 3 D
Trustee or director
1$0$0
DON GANTTDISTRICT 4 D
Trustee or director
1$0$0
VENEE GALLOWAYDISTRICT 5 D
Trustee or director
1$0$0
JACK MALLAMDISTRICT 6 D
Trustee or director
1$0$0
MELISA TAYLOR-DAWSONDISTRICT 7 D
Trustee or director
1$0$0
MICHAEL NUSBAUMYOUNG AGENT
Trustee or director
1$0$0
2 more people on this return
NameTitleHours / weekCompensation
DANA HAMMASSOCIATE ME
Trustee or director
1$0
CLAY WILEYASSOCIATE ME
Trustee or director
1$0
990 for the year ended June 30, 2024: 18 people
NameTitleHours / weekCompensationOther / benefits
ROBERT N BRADSHAW JR MAMPRESIDENT &
Officer
1$175,000$20,518
MICHAEL T YERGEYIMMEDIATE PA
Trustee or director, Officer
1$0$0
RYAN M ANDREWCHAIRMAN
Trustee or director, Officer
1$0$0
FOREST A WAGNERCHAIR - ELEC
Trustee or director, Officer
1$0$0
ROBERT F IOCCO CIC CPATREASURER
Trustee or director, Officer
2$0$0
MICHAEL F FUNKHOUSERSTATE NATION
Trustee or director, Officer
1$0$0
DOUGLAS M PALAIS ESG JDCOUNSEL
Trustee or director, Officer
1$0$0
GREG DEANYOUNG AGENT
Trustee or director
1$0$0
MARK SMITHDISTRICT 1 D
Trustee or director
1$0$0
CHARLES BEEMUSDISTRICT 2 D
Trustee or director
1$0$0
EDDIE F GAY CICDISTRICT 3 D
Trustee or director
1$0$0
DON M GILES CICDISTRICT 4 D
Trustee or director
1$0$0
CHARLES CHUCK B GIBSONDISTRICT 5 D
Trustee or director
1$0$0
JACK MALLAMDISTRICT 6 D
Trustee or director
1$0$0
TROY SUTER CPCUFIRST VICE C
Trustee or director
1$0$0
MELISA TAYLOR-DAWSONDISTRICT 7 D
Trustee or director
1$0$0
JASON PITTMAN LUTCF CPIAASSOCIATE ME
Trustee or director
1$0$0
NONYA MCNEILASSOCIATE ME
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
8600 MAYLAND DR, RICHMOND, VA 23294-4702
Principal officer (990 for 2024)
ROBERT N BRADSHAW, 8600 MAYLAND DR, RICHMOND, VA 23294
Signed the 990
ROBERT N BRADSHAW, PRESIDENT & CEO
Phone
(804) 747-9300
Website
IIAV.COM
Return prepared by
MEADOWS URQUHART ACREE & COOK LLP

Mission

TO PROMOTE INSURANCE PROFESSIONALISM AND ENCOURAGE GREATER PUBLIC UNDERSTANDING OF THE MECHANICS OF THE INSURANCE BUSINESS; TO ENHANCE THE PROFESSIONAL DEVELOPMENT OF ITS MEMBERSHIP; TO ADVOCATE ON BEHALF OF INDEPENDENT INSURANCE AGENTS WITH STATE AND FEDERAL GOVERNMENT.

990 for the year ended June 30, 2025

Program accomplishments

  • PLAN, HOST, AND SUPERVISE EDUCATIONAL SEMINARS AND ANNUAL CONVENTION. TO EFFECTIVELY LOBBY THE LEGISLATURE ON BEHALF OF THE MEMBERSHIP. TO PROVIDE HIGH QUALITY CONTINUING PROFESSIONAL EDUCATION. TO PROVIDE RESOURCES FOR THE EFFECTIVE AND EFFICIENT MANAGEMENT AND TECHNOLOGICAL QUESTIONS FROM THE MEMBERSHIP.

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

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
54-0417627
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1943
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,607,130
Income (IRS master file)
$1,145,463

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,121,944$1,305,207$2,607,130XML
990June 2024$1,180,414$1,177,744$2,843,210XML
990June 2023$1,290,538$1,129,838$2,798,284IRS
990June 2022$1,432,441$1,121,978$2,800,771IRS
990June 2021–––IRS
990June 2019–––IRS
990June 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 54-0417627).

Questions about INDEPENDENT INSURANCE AGENTS OF VIRGINIA INC

What is the EIN of INDEPENDENT INSURANCE AGENTS OF VIRGINIA INC?
The employer identification number (EIN) of INDEPENDENT INSURANCE AGENTS OF VIRGINIA INC is 54-0417627.
Is INDEPENDENT INSURANCE AGENTS OF VIRGINIA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1943.
Are donations to INDEPENDENT INSURANCE AGENTS OF VIRGINIA INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does INDEPENDENT INSURANCE AGENTS OF VIRGINIA INC 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 VIRGINIA INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INDEPENDENT INSURANCE AGENTS OF VIRGINIA INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of INDEPENDENT INSURANCE AGENTS OF VIRGINIA INC?
The 990 for the year ended June 30, 2025 names ROBERT N BRADSHAW.
Who are the officers and directors of INDEPENDENT INSURANCE AGENTS OF VIRGINIA INC?
The 990 for the year ended June 30, 2025 lists 17 people; 1 received compensation from the organization, the highest $175,000 (ROBERT N BRADSHAW, PRESIDENT &).
How much revenue does INDEPENDENT INSURANCE AGENTS OF VIRGINIA INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,121,944, expenses of $1,305,207 and total assets of $2,607,130 at year end.

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