Independent Insurance Agents & Brokers of South Carolina
Public records raise at least one point you should look into before giving.
What it says it does
The fundamental purpose and objective of the filing organization is to promote educate and represent the common business interests of independent insurance agents of SC within the industry public and legislature. Activities sponsored by the organization are intended to educate members and keep them informed on current topics relative to the industry.
- Income
- $2.0 million
- Spending
- $2.0 million
- Employees
- 9
- Volunteers
- 0
- Highest pay
- $140,061, president-retired
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)
- $216,230 spent. The objective of Education is to provide professional development for members continuing education requirements in SC. The following classes sessions were held in 2024: Regular education classes 2 in-person and webcasts with 264 attendees; Agent Broker Education Network ABEN 60 different webcasts with 1663 SC attendees; CISR sessions 6 in-person and 41 webcasts with 388 attendees; and CIC sessions 2 in-person and webcasts sessions with 291 attendees.
- $324,930 spent. The object of Conferences is to provide education information training and networking opportunities for independent insurance agents. the following conferences were held in 2024: Annual conference with approximately 420 attendees; Spring conference with approximately 300 attendees; and Fall conference Young Agents was canceled due to storms; Womens conference with approximately 103 attendees.
- $96,164 spent. Publications include monthly newsletters to membership about insurance industry practices benefits and services the Association provides along with various local national legislative updates. Monthly newsletters = 1125 emails per issue 24 issues. Quarterly magazines provide the membership focused on feature articles relative to the insurance industry along with local national legislative updates. Quarterly magazines = 2245 magazines mailed per 4 issues; 1866 emails sent per 4 issues. Legislative updates during legislative sessions = 1 issue 1125 emails. A Market Guide Publication is provided annually = 200 distributed. Other communications to membership: 7 emails related to benefits and services 6926 recipients; 28 emails related to events 50115 recipients; 23 emails related to education. 28262 recipients; 2 emails related to industry 2984 recipients; 1 email related to other items 1226 recipients.
- $28,009 spent. Governmental affairs: consists of providing members access to national marketing and advertising including Trusted Choice products. Also provides members information on effects of new regulations in the industry.
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 February 1943.
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.