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Nonprofit · EIN 71-0502650

PROFESSIONAL INSURANCE AGENTS OF ARKANSAS INC

Tax-exempt · MAUMELLE, AR 72113

Financials

$312K$315K2023$334K$324K2024
Revenue Expenses · by fiscal year end
Financials of PROFESSIONAL INSURANCE AGENTS OF ARKANSAS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$333,552$323,796$9,756$88,885$63,494$25,391
December 31, 2023990$312,475$315,257-$2,782$50,841$35,206$15,635
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$74,755
Membership dues
$74,755
Program service revenue
$258,797
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$114,327
Salaries, compensation and benefits (total)
$124,268
Professional fundraising fees
$0
Accounting fees
$6,211
Occupancy
$28,102
Travel
$26,092
Program services (functional)
$323,796

Balance sheet and other

Total assets, start of year
$50,841
Total assets, end of year
$88,885
Total liabilities, end of year
$63,494
Net assets, end of year
$25,391
Net assets without donor restrictions
$25,391
Gross unrelated business income
$72,251
Gross receipts
$333,552
Employees
3
Year formed
1978
State of legal domicile
AR

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
STACI SHEARONEXECUTIVE VP
Officer
40$68,800
AMANDA DICKEYPRESIDENT
Trustee or director
–$0
HOLDEN SMITHPAST PRESIDE
Trustee or director
–$0
SYDNEY HOFFMANSTREASURER
Trustee or director
–$0
GARDNER BURTONNATIONAL DIR
Trustee or director
–$0
RYAN EVANSPRESIDENT-EL
Trustee or director
–$0
BRIAN WEATHERFORDDIRECTOR
Trustee or director
–$0
JENNIFER LEDEZMADIRECTOR
Trustee or director
–$0
CLINT LAMBERTHDIRECTOR
Trustee or director
–$0
WAYLON BIGGSDIRECTOR
Trustee or director
–$0
WES TOLERDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
STACI SHEARONEXECUTIVE VP
Officer
40$70,153
HOLDEN SMITHPRESIDENT
Trustee or director
1$0
AMANDA DICKEYPRESIDENT- E
Trustee or director
1$0
DAVID HOFFMANSTREASURER
Trustee or director
1$0
GARDNER BURTONNATIONAL DIR
Trustee or director
1$0
BRIAN WEATHERFORDDIRECTOR
Trustee or director
1$0
RICK MCKINNEYDIRECTOR
Trustee or director
1$0
VICTOR WERLEYDIRECTOR
Institutional trustee
1$0
RYAN EVANSDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
102 COUNTRY CLUB PARKWAY SUITE 20, MAUMELLE, AR 72113-6705
Principal officer (990 for 2024)
STACI SHEARON, 102 COUNTRY CLUB PKWY SUITE 201, MAUMELLE, AR 72113
Signed the 990
STACI SHEARON, EXECUTIVE VP
Phone
(501) 225-1645
Return prepared by
ELLIS TUCKER & ALDRIDGE LLP

Mission

ORGANIZATION IS DEDICATED TO DELIVERING EXCEPTIONAL AND INDIVIDUAL SERVICE TO ARKANSAS SMALL TO MID-SIZED INSURANCE AGENCIES AND RELATED COMPANIES SERVING THE INSURANCE INDUSTRY.

990 for the year ended December 31, 2024

Program accomplishments

  • THE SMALL TO MID-SIZED INSURANCE AGENCIES IN ARKANSAS ARE SERVICED THROUGH THE ANNUAL CONVENTION WHEREBY THEY ARE ABLE TO NETWORK WITH INSURANCE COMPANIES, STATE REGULATORS, AND OTHER MEMBER AGENTS TO IMPROVE THEMSELVES AND THEIR AGENCIES.
  • THE SMALL TO MID-SIZED INSURANCE AGENCIES IN ARKANSAS ARE SERVICED THROUGH THE ANNUAL CONVENTION WHEREBY THEY ARE ABLE TO NETWORK WITH INSURANCE COMPANIES, STATE REGULATORS, AND OTHER MEMBER AGENTS TO IMPROVE THEMSELVES AND THEIR AGENCIES.

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
71-0502650
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$88,885
Income (IRS master file)
$333,552

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$333,552$323,796$88,885XML
990December 2023$312,475$315,257$50,841XML
990December 2022$266,703$236,167$69,849IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 71-0502650).

Questions about PROFESSIONAL INSURANCE AGENTS OF ARKANSAS INC

What is the EIN of PROFESSIONAL INSURANCE AGENTS OF ARKANSAS INC?
The employer identification number (EIN) of PROFESSIONAL INSURANCE AGENTS OF ARKANSAS INC is 71-0502650.
Is PROFESSIONAL INSURANCE AGENTS OF ARKANSAS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6).
Which annual return does PROFESSIONAL INSURANCE AGENTS OF ARKANSAS 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 PROFESSIONAL INSURANCE AGENTS OF ARKANSAS INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PROFESSIONAL INSURANCE AGENTS OF ARKANSAS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of PROFESSIONAL INSURANCE AGENTS OF ARKANSAS INC?
The 990 for the year ended December 31, 2024 names STACI SHEARON.
Who are the officers and directors of PROFESSIONAL INSURANCE AGENTS OF ARKANSAS INC?
The 990 for the year ended December 31, 2024 lists 11 people; 1 received compensation from the organization, the highest $68,800 (STACI SHEARON, EXECUTIVE VP).
How much revenue does PROFESSIONAL INSURANCE AGENTS OF ARKANSAS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $333,552, expenses of $323,796 and total assets of $88,885 at year end.

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