Inland Marine Underwriters Association
Public records raise at least one point you should look into before giving.
What it says it does
INLAND MARINE UNDERWRITERS ASSOCIATION'S (IMUA) MISSION IS TO CHAMPION THE INTERESTS OF INLAND MARINE INSURANCE INDUSTRY AND FOSTER THE EDUCATION AND DEVELOPMENT OF INDUSTRY PROFESSIONALS.
- Income
- $1.6 million
- Spending
- $1.5 million
- Employees
- 3
- Volunteers
- 195
- Highest pay
- $306,968, president/ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- THE ANNUAL MEETING - IN THE SECOND QUARTER OF EACH CALENDAR YEAR, USUALLY APRIL OR MAY, IMUA HOLDS ITS PREMIER EDUCATION EVENT AT AN OFF-SITE HOTEL OR RESORT-STYLE PROPERTY IN THE U.S. THE EVENT RUNS FROM SUNDAY THROUGH TUESDAY AND INCLUDES A BOARD MEETING; AN OPENING RECEPTION AND DINNER FOR MEMBER NETWORKING; OPEN FORUM BUSINESS MEETING; SIX EDUCATION SESSIONS ON TOPICAL ISSUES, EACH LASTING FROM 1 TO 3 HOURS; A MINI-TRADE SHOW ON BOTH MONDAY & TUESDAY; AND A CLOSING RECEPTION AND AWARD BANQUET IN WHICH AN IMUA MEMBER RECEIVES ONE OF THE FOLLOWING AWARDS: THE LIFETIME ACHIEVEMENT AWARD, EXCELLENCE IN EDUCATION AWARD, OR THE OUTSTANDING COMMITTEE PERSON AWARD. IN 2024 THE ANNUAL MEETING BOASTED A RECORD OF 404 REGISTRANTS.
- WEB SEMINARS AND VIRTUAL CLASSES/FORUMS - ABOUT 12 -18 IN A CALENDAR YEAR, A VOLUNTEER-BASED REGIONAL COMMITTEE AND/OR TECHNICAL COMMITTEES ARRANGE FOR A WEB SEMINAR, TYPICALLY 60-75 MINUTES IN DURATION WHERE GEOGRAPHICALLY REMOTE SITES ACROSS THE U.S., AND SOMETIMES INTERNATIONALLY, CAN LOG INTO THE AUDIO/VISUAL PRESENTATION ON A TOPICAL ISSUE USUALLY PRESENTED BY A NON-INSURANCE EXPERT, E.G. HURRICANES AND THE IMPACT ON LEVEES. REGISTRATION IS COMPLIMENTARY TO IMUA MEMBERS AND THERE MAY BE MORE THAN ONE MEMBER IN ATTENDANCE AT EACH SITE. MEMBER COMPANIES FIND THIS IS A COST EFFECTIVE AND EFFICIENT WAY TO PROVIDE EDUCATION AND TECHNICAL INFORMATION TO THEIR EMPLOYEES (THERE IS NO ADDITIONAL COST TO ATTEND WEBINARS AS ALL ACCESS TO ALL VIRTUAL PROGRAMS IS NOW INCLUDED IN IMUA'S COMPANY MEMBERSHIP FEE. IN 2024, IMUA PRESENTED 12 EDUCATIONAL WEBINARS AND 5 VIRTUAL CLASSES WITH EACH SESSION ATTRACTING AN AVERAGE OF 300 REGISTRANTS FOR A DURATION OF 60 TO 75 MINUTES FOR WEBINARS AND 3 HOURS FOR THE VIRTUAL CLASSES/FORUMS.
- REGIONAL SEMINARS - IMUA HAS 9 REGIONAL ADVISORY COMMITTEES LOCATED IN TORONTO, NEW YORK, ATLANTA, COLUMBUS, CHICAGO, DALLAS, BOSTON, RICHMOND, AND SAN FRANCISCO. AT VARIOUS TIMES THROUGHOUT THE CALENDAR YEAR, THESE VOLUNTEER-BASED COMMITTEES EACH HOLD ONE OR MORE BREAKFAST/LUNCH-N-LEARN/HALF-DAY/FULL DAY LIVE EDUCATIONAL SEMINARS, OFTEN WITH STATE INSURANCE DEPARTMENT CONTINUING EDUCATION CREDITS, ON A MYRIAD OF INSURANCE TOPICS GERMANE TO A GEOGRAPHIC AREA. THEY ALSO OCCASIONALLY HOST NETWORKING SOCIALS AND/OR FIELD TRIPS TO GET A CLOSER LOOK AT VARIOUS INLAND MARINE INSURANCE EXPOSURES (I.E. VISITING A REFRIGERATED WAREHOUSE TO SEE THE VARIOUS INLAND MARINE TRANSPORTATION AND WAREHOUSE LEGAL LIABILITY EXPOSURES. ATTENDANCE FOR THESE SEMINARS EVENTS TYPICALLY RANGES FROM LOW 20S UP TO 100 ATTENDEES. IN 2024, IMUA HOSTED 8 IN-PERSON REGIONAL EVENTS.OBJECTIVE/ ACCOMPLISHMENT- PRIMARILY EDUCATION AND TRAINING BUT ALSO NETWORKING/STRENGTHENING INDUSTRY CONNECTIONS.
- TECHNICAL COMMITTEES - THESE VOLUNTEER COMMITTEES, CENTERED AROUND THE MAJOR LINES OF INLAND MARINE BUSINESS AND CLAIMS/LOSS CONTROL, PROVIDE TECHNICAL INFORMATION VIA THE MEMBERS-ONLY SECTION OF THE WEBSITE IN A MYRIAD OF WAYS INCLUDING TECHNICAL PAPERS, PLANNING SEMINARS/WEBINARS, AND FIELD TRIPS.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 1932.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.