2023-11-10T11:49:05-05:00 2022-12-31 571121332 Robert E Milhous CPA P A and Associates P O BOX 1960 Columbia SC 29202 990 2022-01-01 570248455 Independent Insurance Agents and Brokers of South Carolina % G Frank Sheppard INDE 8037319460 800 Gracern Rd Columbia SC 29210 G Frank Sheppard President 2023-11-10 true Robert E Milhous CPA SC P01210305 8037725300 2023-11-10 2022 2023-04-26 12:10:37Z G Frank Sheppard 800 Gracern Rd Columbia SC 29210 1925291 false X www.iiabsc.com X 1992 SC Taxpayer provides membership services to the independent insurance agents in South Carolina to promote the common business interests within the industry. 13 13 8 0 32642 6632 314723 324488 1046577 1167596 34332 17808 259593 281683 1655225 1791575 0 0 0 0 610894 608224 0 0 0 1075965 1141261 1686859 1749485 -31634 42090 2129520 2181928 154425 202590 1975095 1979338 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. false false 246027 0 344283 The objective of Education is to provide professional development for member's continuing education requirements in SC. The following classes were held in 2022: Regular education classes in-person and webcasts 48 classes; with 600 attendees; CISR in-person and webcasts sessions with 25 classes and 357 attendees; and CIC in-person and webcasts sessions with 11 classes and 356 attendees. 316124 0 541543 The object of Conferences is to provide education information training and networking opportunities for independent insurance agents. the following conferences were held in 2022: Annual conference with 200 attendees; Spring conference with 150 attendees; and Fall conference with 150 attendees. 102612 0 0 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 = 1455 emails per issue. Quarterly magazines provide the membership focused on feature articles relative to the insurance industry along with local national legislative updates. Quarterly magazines = 2540 emails per issue. Legislative updates during legislative sessions = 1 issue 1455 emails. A Market Guide Publication is provided annually = 650 distributed. Other communications to membership: 7 emails related to benefits and services = 6926 recipients; 17 emails related to events = 37,565 recipients; 11 emails related to education = 21692 recipients; 2 emails related to industry = 2476 recipients; 5 emails related to other items = 11487 recipients. 20009 0 0 684772 false true true false true false false false false false true true false false true false true true false false false false false false false false false false false false false false false false false false false false false false false true true true false true 20 0 true 8 true true false false false true true false false 0 false false false false false X 13 13 false false false false true true true true true false false false true true true true true true true true true SC X G Frank Sheppard 8037319460 800 Gracern Rd Columbia SC 29210 Tonya S Thomason Chairman 1.00 0.00 X X 0 0 0 James G Taylor Jr Past Chairman 1.00 0.00 X X 0 0 0 Robert E Nalley Chair Elect Treasurer 1.00 0.00 X X 0 0 0 Angus M Brabham IV Secretary 1.00 0.00 X X 0 0 0 W Ashley Brady National Director 1.00 0.00 X X 0 0 0 Laura A Bryant Member 1.00 0.00 X 0 0 0 Alexander Z Galloway Member 1.00 0.00 X 0 0 0 William M Hamer Member 1.00 0.00 X 0 0 0 Lauren T Huffman Member 1.00 0.00 X 0 0 0 Shane Lynn Member 1.00 0.00 X 0 0 0 Renado Robinson Member 1.00 0.00 X 0 0 0 John Spence Member 1.00 0.00 X 0 0 0 Julie B Turner Member 1.00 0.00 X 0 0 0 Richard L Walker Member 1.00 0.00 X 0 0 0 G Frank Sheppard President 40.00 0 X X 120344 0 0 120344 0 0 1 false false false None 0 0 314488 0 0 0 10000 0 324488 Conferences and conventions 900099 541543 541543 0 0 Education services 611710 344283 344283 0 0 Administrative and support services 561000 281770 281770 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1167596 22754 0 0 22754 0 0 0 0 79148 0 0 79148 0 0 0 0 0 0 0 0 0 0 128770 0 133716 0 -4946 0 -4946 0 0 -4946 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Other activity - Corporate memberships 900099 32642 0 32642 0 Other activity - Miscellaneous 900099 13363 13363 0 0 Other activity - ERTC Refund 900099 156530 156530 0 0 0 0 0 0 202535 1791575 1337489 32642 96956 X 0 0 0 0 0 0 0 0 108691 0 0 0 0 0 0 0 350773 0 0 0 46863 0 0 0 66672 0 0 0 35225 0 0 0 16500 0 0 0 2804 0 0 0 24524 0 0 0 0 0 0 0 0 0 4376 0 0 0 0 0 0 0 25000 0 0 0 142026 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 50412 0 0 0 0 0 0 0 316124 316124 0 0 0 0 0 0 0 0 0 0 68397 0 0 0 11509 0 0 0 Publications and dues 102612 102612 0 0 Board and commissions 74987 0 0 0 Educational expenses 246027 246027 0 0 Governmental affairs 20009 20009 0 0 35954 0 0 0 1749485 684772 0 0 0 0 0 0 631 346 382830 411832 0 0 338607 426570 0 0 0 0 0 0 0 0 18957 32231 1562572 1025276 576623 537296 585703 524872 144241 166853 81928 81928 0 0 0 0 2129520 2181928 37874 55989 0 0 0 0 0 0 0 0 0 0 0 0 0 0 116551 146601 154425 202590 X 1852765 1834945 122330 144393 1975095 1979338 2129520 2181928 42090 -37847 0 0 0 0 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 false IIABSC Public Affairs Committee 800 Gracern Rd Columbia AL 29210 570863384 0 35496 false false true 347130 67761 0 67761 80742 0 0 Part IV | PartandLinenumber:,Explanation:| Part I-A Line 1,Description of the organization's direct and indirect political campaign activities: The filing organization hires an outside firm to monitor local legislation which is then broadcast to members through newsletters. Direct lobbying expenses occur at the national IIABA organization which a part of member dues are remitted by the filing organization for such purposes. Additionally certain staff and board members attend the National IIANC legislative conference in Wash.DC. The filing organization annually disclosures to each member the percentage of dues which are related to such activities as demonstrated in Part III-B.| Part I-C Line 5,Members contribute to the separate IIABSC Public Affairs Committee PAC through the filing organization. Such earmarked funds received by the filing organization are promptly transferred to the IIABSC PAC.| 122983 122983 1268965 906635 362330 170624 118641 51983 537296 C C Investment in BIRC 166853 F 166853 Refunded advances - dues and tuition fees 146601 146601 1749352 -37847 -37847 1787199 4376 4376 1791575 1745109 0 1745109 4376 4376 1749485 Part VI, Line 6 As a trade association 501c6 the filing organization's members consist of independent insurance agents in the state of South Carolina. Regular membership is open to all independent insurance agents engaged in the property and casualty business. Part VI, Line 7a During its annual meeting the members elect the filing organization's board of directors with staggered terms. The board elects an Executive Committee pursuant to the organization's bylaws. Part VI, Line 7b Approval of the membership is required for various actions as required under the bylaws. The president of the filing organization may exercise certain decisions as authorized by the Executive Committee of the Board. Part VI, Line 11a The president of the filing organization reviews the prepared Form 990 prior to signing. The executive committee receives a report regarding the same. Part VI, Line 12c The executive committee performs periodic reviews to monitor policy. Part VI, Line 15 The executive committee performs annual reviews to determine compensation requirements of the president. The president reviews annual compensation of all other employees and reports the budget for the same to the committee. Part VI, Line 19 The filing organization makes its governing documents conflict of interest policy and financial statements available upon request. Part III, Line 4d | Description:, Expense Amount:, Grants Amount:, Revenue Amount:| 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., $20009, $0, $0| Part IX Line 24 | Explanation:| All other expenses totals $35954 - include staff development $5636 bank investment charges $26734 provision for income taxes $1742 and miscellaneous office expenses $1842. Part VIII Line 11 | Explanation:| Miscellaneous revenue totaled $202535 and consists of corporate membership dues total $32642; Other income total $13363; Unusual item ERTC refund total $153530. IIABSC Foundation 800 Gracern Rd Columbia SC 29210 570781364 Education SC 501(C)(3) Charity Status 10 N/A false IIABSC Group Health Insurance Trust 800 Gracern Rd Columbia SC 29210 816928444 Group health SC 501(C)(9) N/A false IIABSC Agency Inc 800 Gracern Rd Columbia SC 29210 570956582 Insurance agency SC N/A C-Corporation -91741 660433 1 false true false true false false false false false false false false false false false false true true false false IIABSC Foundation C 10000 Accrual basis IIABSC Foundation Q 5000 Accrual basis IIABSC Agency Inc A 10101 Accrual basis IIABSC Agency Inc P 11509 Accrual basis IIABSC Agency Inc Q 276770 Accrual basis IIABSC Group Health Insurance Trust Q 15376 Accrual basis