NonprofitsNational African-American Insurance Association

National African-American Insurance Association

WASHINGTON, DC

Total revenue

$2.2M

Total expenses

$3.0M

Net assets

$584K

Grants received

$27K

2 grants

EIN

311471178

Tax year

2024

Mission

To promote professional development and personal growth among african american insurance professionals, while providing opportunities for networking, continuing education, and building mutually beneficial partnerships. Our mission is accomplished via national conferences, seminars, and chapter events.

Programs

2 programs

Eleven 3-person student teams representing major universities sponsorships, expanded chapter network and held a sold-out national conference.competed in the naaia national talent development competition. Several of the participating students were offered internships and/or full-time positions by naaia partner companies. All 33 students were mentored and received financial awards. Additionally, the naaia awarded additional scholarships in the amount of 1,000 each under the j.l.tillman scholarship program to eligible students to support higher education.

Expenses: $31KGrants: $31K

Reviewed with assistance of preparing accountant.

Expenses: $297K

Financials

FY 2024

Revenue

Contributions & grants$27K
Program service revenue$2.1M
Investment income$3K
Other revenue
Total revenue$2.2M

Expenses

Grants paid$31K
Salaries & benefits$411K
Fundraising
Other expenses$2.6M
Total expenses$3.0M
Total assets$626K
Net assets$584K

People

16 listed

NameRoleCompensation

OWIE LEI AGBONTAEN

DIRECTOR

Board

2 hrs/wk

DWIGHT GEDDES

DIRECTOR

Board

2 hrs/wk

SHERITA HARDY

DIRECTOR

Board

2 hrs/wk

JAMES E HUTCHINSON

DIRECTOR

Board

2 hrs/wk

SUSAN JOHNSON

TREASURER

Board

2 hrs/wk

RICKY JONES

VICE CHAIR

Board

2 hrs/wk

MICHELE LAMARRE

DIRECTOR

Board

2 hrs/wk

CLIVE MCCARTHY

DIRECTOR

Board

2 hrs/wk

BRANDI MONIQUE

DIRECTOR

Board

2 hrs/wk

NGOZI NNAJI

SECRETARY

Board

2 hrs/wk

REBEKAH RATLIFF

DIRECTOR

Board

2 hrs/wk

JERALD TILLMAN

FOUNDER

Board

2 hrs/wk

ANTHONY WALKER

DIRECTOR

Board

2 hrs/wk

GEORGE WOODS

CHAIRMAN

Board

2 hrs/wk

OMARI JAHI AARONS-MARTIN

OFFICER & KE

Staff

$163K

40 hrs/wk

JANET JORDAN-FOSTER

IMMEDIATE PA

Staff

2 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear

Funded by

$27K from 1 funder · 2 grants · 2023–2024

Spencer Educational Foundation Inc

$27K · 2 grants · 2023–2024

Details

EIN311471178
Subsection06
Ruling date1997-02
Formed1997
Employees9
NATIONAL AFRICAN-AMERICAN INSURANCE ASSOCIATION — Mission, Financials & Grants Received | Grantivo