2025-07-10T13:17:04-05:00 2024-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2024-01-01 043172159 MASSACHUSETTS ASSOCIATION OF INSURANCE AGENTS INC MASS 5086342900 91 CEDAR STREET MILFORD MA 01757 NICHOLAS A FYNTRILAKIS PRESIDENT & CEO 5086342900 2025-07-09 1 1 CAITLIN LIMOGES CPA P01633588 5083669100 2025-07-02 2024 2025-03-06 01:10:19Z NICHOLAS A FYNTRILAKIS 91 CEDAR STREET MILFORD MA 01757 6225893 0 X WWW.MASSAGENT.COM X 1992 MA MAIA IS DEDICATED TO STRENGTHENING AND ELEVATING THE INDEPENDENT INSURANCE AGENCY SYSTEM THROUGH UNWAVERING ADVOCACY AND PROMOTION, QUALITY EDUCATION, KEY INSIGHTS AND ADVICE, MARKET ACCESS, AND ESSENTIAL PRODUCTS. THE MASSACHUSETTS ASSOCIATION OF INSURANCE AGENTS IS THE LEADING TRADE ASSOCIATION FOR NEARLY 1,000 MASSACHUSETTS INDEPENDENT INSURANCE AGENCIES AND THEIR ESTIMATED 9,000+ EMPLOYEES. 19 19 16 25 0 0 101350 97400 3477660 3461160 406757 532933 1730374 1481430 5716141 5572923 0 0 0 0 2080966 2027375 0 0 0 2533854 2635594 4614820 4662969 1101321 909954 15959732 17339557 912557 864143 15047175 16475414 MAIA IS DEDICATED TO STRENGTHENING AND ELEVATING THE INDEPENDENT INSURANCE AGENCY SYSTEM THROUGH UNWAVERING ADVOCACY AND PROMOTION, QUALITY EDUCATION, KEY INSIGHTS AND ADVICE, MARKET ACCESS, AND ESSENTIAL PRODUCTS. 0 0 ACTIVITIES TO PROMOTE INDUSTRY AND GOVERNMENT RELATIONS AS WELL AS TO SUPPORT AND PROMOTE SOUND PRINCIPLES, FAIR COMPETITION, AND ETHICAL PRACTICES WITHIN THE INSURANCE AGENCY. EDUCATIONAL SEMINARS AND PROGRAMS TO PROVIDE PROFESSIONAL TRAINING FOR ASSOCIATION MEMBERS AND INFORM MEMBERS OF THE LATEST TRENDS AND ISSUES IMPACTING THE INSURANCE INDUSTRY. 0 1 0 1 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 32 0 1 16 1 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 1 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X NICHOLAS A FYNTRILAKIS PRESIDENT & CEO 5086342900 91 CEDAR STREET MILFORD MA 01757 PATRICK DEMPSEY CHAIRMAN 2.00 X X 0 0 0 CHRISTOPHER FITTS CHAIR ELECT 2.00 X X 0 0 0 CHRISTOPHER R RUSSO JR VICE CHAIR (UNTIL 12/2024) 2.00 X X 0 0 0 RICHARD GREEN SECRETARY-TREASURER 2.00 X X 0 0 0 GLEN DAVIS NATIONAL DIR. IIABA 2.00 X X 0 0 0 LISA HIRBOUR IMMEDIATE PAST CHAIR 2.00 X X 0 0 0 JUSTIN FLYNN DIRECTOR 2.00 X 0 0 0 GREG PORZIELLA DIRECTOR 2.00 X 0 0 0 JOE BICKEL DIRECTOR 2.00 X 0 0 0 JOHN MALLEY DIRECTOR 2.00 X 0 0 0 SARA GIGUERE DIRECTOR 2.00 X 0 0 0 KYLE AUSTIN DIRECTOR 2.00 X 0 0 0 PAUL OSTRANDER DIRECTOR 2.00 X 0 0 0 KIMBERLY TENBROECK DIRECTOR 2.00 X 0 0 0 HENRY RISMAN DIRECTOR 2.00 X 0 0 0 STEVEN COHEN DIRECTOR 2.00 X 0 0 0 SHAWN MCLAUGHLIN DIRECTOR 2.00 X 0 0 0 TRICIA SABULLIS DIRECTOR 2.00 X 0 0 0 TED HUGHES DIRECTOR 2.00 X 0 0 0 TED GIBSON DIRECTOR 2.00 X 0 0 0 BILL BURBINE DIRECTOR (UNTIL 11/2024) 2.00 X 0 0 0 GREG SUSCO DIRECTOR (UNTIL 6/2024) 2.00 X 0 0 0 NICHOLAS FYNTRIKIS PRESIDENT & CEO 35.00 X 464997 0 40329 HEATHER KRAMER COO/VICE PRESIDENT 35.00 X 228133 0 14513 LAURA POULIN DIRECTOR OF TECHNICAL AFFAIRS 35.00 X 119044 0 16623 PATRICIA LOONIE VP OF FINANCE 18.00 17.00 X 0 108543 24403 ANN TOBIN VP OF AGENCY SERVICES 1.00 34.00 X 0 178200 10258 LEO FREDETTE SYSTEMS ADMINISTRATOR 1.00 34.00 X 0 106200 21196 812174 392943 127322 3 0 1 0 0 97400 97400 EDUCATION PROGRAMS 611430 1491591 1491591 MEMBERSHIP DUES 813910 674705 674705 CONVENTION INCOME 561591 546910 546910 CONSUMER ADVERTISING CAMPAIGN 425120 449601 449601 ASSOCIATION PRODUCTS 425120 298353 298353 3461160 200516 200516 696279 696279 985387 652970 332417 332417 332417 EQUITY IN EARNINGS OF SUBSIDIARY 524298 511640 511640 REIMBURSEMENT INCOME 900099 273511 273511 785151 5572923 3461160 0 2014363 505326 1253457 61293 100588 106711 2907 44600 50650 10189 708932 246854 180758 8360 429568 130230 33429 EDUCATIONAL EXPENSES 664998 OTHER EXPENSES 122399 DUES 1720 4662969 698669 1566762 62198 15934 68465 54101 950024 494221 586033 455803 6705841 7603052 6889031 7400671 949495 243234 15959732 17339557 126170 97387 786387 766756 912557 864143 X 15047175 16475414 15047175 16475414 15959732 17339557 909954 518285 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1051542 215000 215000 294432 -79432 SCHEDULE C, PAGE 1, PART 1-A MAIA DOES NOT DIRECTLY OR INDIRECTLY ENGAGE IN POLITICAL ACTIVITIES. MAIA SOLELY DOES LOBBYING. 950024 494221 455803 455803 NON-MARKETABLE INVESTMENTS 405980 C INVESTMENT IN NUMBER ONE 6994691 F 7400671 X 6040558 518285 518285 5522273 50650 50650 5572923 4612319 0 4612319 50650 50650 4662969 PART X, LINE 2: THE ASSOCIATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE CONSOLIDATING FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ASSOCIATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATING FINANCIAL STATEMENTS AT DECEMBER 31, 2024. THE ASSOCIATION'S INFORMATION AND TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. X X 0 0 0 NICHOLAS FYNTRIKIS PRESIDENT & CEO 372118 0 92879 0 0 0 17250 0 23079 0 505326 0 0 0 HEATHER KRAMER COO/VICE PRESIDENT 193123 0 35010 0 0 0 11426 0 3087 0 242646 0 0 0 ANN TOBIN VP OF AGENCY SERVICES 0 156100 0 22100 0 0 0 8910 0 1348 0 188458 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED ITS BYLAWS ON SEPTEMBER 27, 2024. THE FOLLOWING AMENDMENTS WERE MADE: 1. THE NUMBER OF DIRECTORS SHALL CONSIST OF AT LEAST 19 AND NO MORE THAN 23 MEMBERS. 2. TO QUALIFY AS A DIRECTOR OF THE BOARD, THE INDIVIDUAL MUST BE A MEMBER IN GOOD STANDING WITH MAIA. 3. MEMBERS ARE EXPECTED TO ATTEND ALL MEETINGS. FORM 990, PART VI, SECTION A, LINE 6 MAIA IS A MEMBERSHIP ASSOCIATION FOR INSURANCE AGENTS. THESE AGENTS ARE CONSIDERED MEMBERS OF THE ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7A PRIOR TO THE ANNUAL MEETING, THE MEMBERS OF MAIA HAVE AN OPPORTUNITY TO NOMINATE OTHER INDIVIDUALS FOR OFFICERS OR DIRECTORS POSITIONS. AT THE ANNUAL MEETING, THE OFFICERS AND DIRECTORS ARE ELECTED BY THE MEMBERS IN ATTENDANCE. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT AND CEO, ALONG WITH THE VP OF FINANCE, REVIEWS THE 990 TAX RETURN AND A COPY IS SENT TO THE TREASURER FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST FORM IN JANUARY. THEN DURING THE YEAR AT THE JUNE BOARD MEETING BOARD MEMBERS ARE ASKED IF THEY HAVE ANY CHANGES AND DO HAVE A CONFLICT THEN THEY WOULD SIGN A NEW FORM REPORTING THE CHANGE. ANY NEW EMPLOYEES WILL BE REQUIRED TO SIGN A FORM AT THE START OF THEIR EMPLOYMENT AND THEN GOING FORWARD REDO IN JANUARY OF THE NEXT YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE MAIA EXECUTIVE COMMITTEE PERFORMS A DETAILED REVIEW OF THE PRESIDENT AND CEO'S SALARY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15B: THE EXECUTIVE COMMITTEE REVIEWED AND APPROVED ALL BONUSES. THERE IS A PROCEDURE THAT IS FOLLOWED STATING THE AMOUNT OF THE BONUSES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS AND RETURNS ARE AVAILABLE UPON REQUEST. FORM 990, PART X11, LINE 2C: THE AUDIT COMITTEE RECEIVED THE FULL ASSOCIATION'S YEAR END AUDIT PRESENTATION FROM THE CERTIFIED PUBLIC ACCOUNTANTS. THE AUDIT COMMITTEE REVIEWED THE REPORT AND GAVE THEIR APPROVAL. ONCE THE APPROVAL WAS GIVEN TO THE CPAS THE FULL REPORT WAS GIVEN TO THE ASSOCIATION'S BOARD. NUMBER ONE INSURANCE AGENCY INC 91 CEDAR STREET MILFORD MA 01757 043172152 INSURANCE MA MAIA C 4799022 8517228 1.00000 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 NUMBER ONE INSURANCE AGENCY INC K 180758 LEASE AGREEMENT NUMBER ONE INSURANCE AGENCY INC P 243234 DUE TO/FROM BALANCE AT YEAR END NUMBER ONE INSURANCE AGENCY INC O 273511 MANAGEMENT ARRANGEMENT