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Nonprofit · EIN 47-0901656

INSURANCE AGENTS & BROKERS OF MARYLAND INC

Tax-exempt · MECHANICSBURG, PA 17055

Financials

$376K$391K2022$438K$420K2023$477K$461K2024
Revenue Expenses · by fiscal year end
Financials of INSURANCE AGENTS & BROKERS OF MARYLAND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$477,298$460,803$16,495$1,226,386$715,779$510,607
March 31, 2024990$437,976$419,814$18,162$1,165,241$670,305$494,936
March 31, 2023990$375,860$390,738-$14,878$1,001,078$556,528$444,550
Financial details: 990 for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$289,495
Investment income
$30,778
Royalties
$131,156
Net gain from sales of assets
$9,468
Other revenue
$157,025

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$1,676
Travel
$16,864
Program services (functional)
$188,619
Management and general (functional)
$272,184

Balance sheet and other

Total assets, start of year
$1,165,241
Total assets, end of year
$1,226,386
Total liabilities, end of year
$715,779
Net assets, end of year
$510,607
Publicly traded securities
$342,799
Net assets without donor restrictions
$510,607
Gross receipts
$787,682
Employees
0
Volunteers
13
Year formed
2002
State of legal domicile
PA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended March 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
GREG BENNETTDIRECTOR
Trustee or director
1$0
MICHAEL PAPADIRECTOR
Trustee or director
1$0
KENT REYNOLDSDIRECTOR
Trustee or director
1$0
MIKE THOMASCHAIR OF BOA
Trustee or director
1$0
JASON F ERNESTPRESIDENT &
Officer
1$0
KEITH E FOSTERTREASURER &
Officer
1$0
TIMOTHY A WONDERSECRETARY
Officer
1$0
990 for the year ended March 31, 2024: 7 people
NameTitleHours / weekCompensation
GREG BENNETTDIRECTOR
Trustee or director
1$0
MICHAEL PAPADIRECTOR
Trustee or director
1$0
KENT REYNOLDSDIRECTOR
Trustee or director
1$0
MIKE THOMASCHAIR OF BOA
Trustee or director
1$0
JASON F ERNESTPRESIDENT &
Officer
1$0
KEITH E FOSTERTREASURER &
Officer
1$0
TIMOTHY A WONDERSECRETARY
Officer
1$0
990 for the year ended March 31, 2023: 7 people
NameTitleHours / weekCompensation
GREG BENNETTDIRECTOR
Trustee or director
1$0
MICHAEL PAPACHAIR OF BOA
Trustee or director
1$0
KENT REYNOLDSDIRECTOR
Trustee or director
1$0
MIKE THOMASDIRECTOR
Trustee or director
1$0
JASON F ERNESTPRESIDENT &
Officer
1$0
KEITH E FOSTERTREASURER &
Officer
1$0
TIMOTHY A WONDERSECRETARY
Officer
1$0

Address and contacts

Address (IRS master file)
650 WILSON LN STE 200, MECHANICSBURG, PA 17055-4584
In care of
% DONNA S LINDQUIST
Principal officer (990 for 2024)
JASON F ERNEST, 650 WILSON LANE SUITE 200, MECHANICSBURG, PA 17055
Signed the 990
JASON F ERNEST, PRESIDENT & CEO
Phone
(717) 795-9100
Return prepared by
BROWN PLUS

Mission

THE PURPOSE OF THE CORPORATION IS TO PROMOTE THE INTEREST, WELFARE AND COMMON GOOD OF THE INSURANCE AGENCY BUSINESS AND THE AMERICAN AGENCY SYSTEM IN PARTICULAR; DEAL BY LAWFUL MEANS WITH THE COMMON PROBLEMS AND CONCERNS; FOSTER LAWFUL COOPERATIVE ACTION IN AREAS AFFECTING THE BUSINESS OF MEMBERS; ACT AS AN ADVOCATE AND REPRESENTATIVE BEFORE GOVERNMENT BODIES; ESTABLISH POLICIES AND CONDUCT ACTIVITIES FOR THE ADVANCEMENT OF THE INSURANCE AGENCY BUSINESS AND THE AMERICAN AGENCY SYSTEM IN PARTICULAR; PROMOTE THE AGENCY BUSINESS, PROVIDE EDUCATIONAL AND PROFESSIONAL DEVELOPMENT, FOSTER PROFESSIONAL CONDUCT AND GATHER AND DISSEMINATE INFORMATION; AND ENGAGE IN ANY LAWFUL ACT OR ACTIVITY FOR WHICH NONPROFIT CORPORATIONS MAY BE ORGANIZED UNDER THE NONPROFIT CORPORATION LAW OF THE COMMONWEALTH OF PENNSYLVANIA.

990 for the year ended March 31, 2025

Program accomplishments

  • MEMBER EVENTS AND PRODUCTS PROVIDE OPPORTUNITES FOR MEMBERS AND PARTNERS TO CONNECT ON INDUSTRY AND ASSOCIATION MATTERS
    Expenses $22,377
  • INDUSTRY LEADERS SUPPORTING AND/OR PROVIDING EDUCATIONAL, TRAINING AND PROFESSIONAL DEVELOPMENT OPPORTUNITES RELEVANT TO THE NEEDS OF OUR MEMBERS, CUSTOMERS AND THE INDUSTRY AT LARGE
    Expenses $143,658
  • ADVOCATE FOR MEMBERS' INTERESTS BEFORE THE GOVERNMENT AND LEGAL SYSTEM, OUR COMPANIES AND THE PUBLIC
    Expenses $17,135
  • DUES PROVIDE OR/ARE A RESOURCE FOR THE PRODUCT AND SERVICE NEEDS OF OUR MEMBERS AND CUSTOMERS
    Expenses $5,449

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
47-0901656
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2004
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,226,386
Income (IRS master file)
$787,682

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025$477,298$460,803$1,226,386XML
990March 2024$437,976$419,814$1,165,241XML
990March 2023$375,860$390,738$1,001,078XML
990March 2022$443,664$421,550$1,097,058IRS
990March 2021–––IRS
990March 2020–––IRS
990March 2019–––IRS
990March 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-0901656).

Questions about INSURANCE AGENTS & BROKERS OF MARYLAND INC

What is the EIN of INSURANCE AGENTS & BROKERS OF MARYLAND INC?
The employer identification number (EIN) of INSURANCE AGENTS & BROKERS OF MARYLAND INC is 47-0901656.
Is INSURANCE AGENTS & BROKERS OF MARYLAND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2004.
Are donations to INSURANCE AGENTS & BROKERS OF MARYLAND INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does INSURANCE AGENTS & BROKERS OF MARYLAND INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of INSURANCE AGENTS & BROKERS OF MARYLAND INC due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INSURANCE AGENTS & BROKERS OF MARYLAND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2025.
Who is the principal officer of INSURANCE AGENTS & BROKERS OF MARYLAND INC?
The 990 for the year ended March 31, 2025 names JASON F ERNEST.
Who are the officers and directors of INSURANCE AGENTS & BROKERS OF MARYLAND INC?
The 990 for the year ended March 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does INSURANCE AGENTS & BROKERS OF MARYLAND INC have?
On its 990 for the year ended March 31, 2025 it reported revenue of $477,298, expenses of $460,803 and total assets of $1,226,386 at year end.

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