Civic Intelligence

Florida Insurance Council Inc

EIN 59-0996633 • 501(c)6 • Tallahassee, FL

Profile

The florida insurance council's mission is to provide value through education, research, and representation before consumer, legislative, regulatory, and judiciary organizations. The council is dedicated to the highest standards of business ethics and professionalism; committed to promoting and protecting the viability of the insurance market; resolved to earn consumer confidence and trust, and determined to foster a positive public image of the insurance community.

150 South Monroe St Ste 206Tallahassee, FL 32301

www.flains.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

74th percentile

0.34x

Higher debt load relative to assets than 74% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

56th percentile

0.21x

Higher debt load relative to revenue than 56% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

18th percentile

-6.8%

Higher net margin than 18% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

97th percentile

$497,390

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 29.3% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

18th percentile

-7.3%

Faster asset growth than 18% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

33rd percentile

-0.1%

Faster revenue growth than 33% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,033,741

Down $81,940 (-7.3%) from 2023

Liabilities

Up

$354,348

Up $34,245 (+11%) from 2023

Net Assets

Down

$679,393

Down $116,185 (-15%) from 2023

Revenue

Down

$1,697,996

Down $1,033 (-0.1%) from 2023

Expenses

Down

$1,814,181

Down $74,596 (-3.9%) from 2023

Net Income

Up

-$116,185

Up $73,563 (+39%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0-$500KAssets 2010: $313,263Liabilities 2010: $443,433Net Assets 2010: -$130,1702010Assets 2011: $330,253Liabilities 2011: $464,581Net Assets 2011: -$134,3282011Assets 2012: $524,034Liabilities 2012: $681,802Net Assets 2012: -$157,7682012Assets 2013: $586,339Liabilities 2013: $604,607Net Assets 2013: -$18,2682013Assets 2014: $730,739Liabilities 2014: $666,748Net Assets 2014: $63,9912014Assets 2015: $621,039Liabilities 2015: $580,963Net Assets 2015: $40,0762015Assets 2016: $564,519Liabilities 2016: $502,008Net Assets 2016: $62,5112016Assets 2017: $700,540Liabilities 2017: $541,081Net Assets 2017: $159,4592017Assets 2018: $691,575Liabilities 2018: $418,609Net Assets 2018: $272,9662018Assets 2019: $794,681Liabilities 2019: $323,461Net Assets 2019: $471,2202019Assets 2020: $1,098,509Liabilities 2020: $367,264Net Assets 2020: $731,2452020Assets 2021: $1,399,532Liabilities 2021: $428,342Net Assets 2021: $971,1902021Assets 2022: $1,287,535Liabilities 2022: $302,209Net Assets 2022: $985,3262022Assets 2023: $1,115,681Liabilities 2023: $320,103Net Assets 2023: $795,5782023Assets 2024: $1,033,741Liabilities 2024: $354,348Net Assets 2024: $679,3932024

Highlighted filing

2024

Assets$1,033,741
Liabilities$354,348
Net Assets$679,393

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2010: $1,147,389Expenses 2010: $1,188,177Net Income 2010: -$40,7882010Expenses 2011: $1,203,4242011Expenses 2012: $1,441,6302012Revenue 2013: $1,760,135Expenses 2013: $1,620,635Net Income 2013: $139,5002013Revenue 2014: $1,546,417Expenses 2014: $1,464,158Net Income 2014: $82,2592014Revenue 2015: $1,618,198Expenses 2015: $1,642,113Net Income 2015: -$23,9152015Revenue 2016: $1,615,251Expenses 2016: $1,592,816Net Income 2016: $22,4352016Revenue 2017: $1,590,340Expenses 2017: $1,493,392Net Income 2017: $96,9482017Revenue 2018: $1,749,901Expenses 2018: $1,636,394Net Income 2018: $113,5072018Revenue 2019: $1,884,470Expenses 2019: $1,686,216Net Income 2019: $198,2542019Revenue 2020: $1,736,001Expenses 2020: $1,475,601Net Income 2020: $260,4002020Revenue 2021: $1,816,663Expenses 2021: $1,576,718Net Income 2021: $239,9452021Revenue 2022: $1,759,782Expenses 2022: $1,745,646Net Income 2022: $14,1362022Revenue 2023: $1,699,029Expenses 2023: $1,888,777Net Income 2023: -$189,7482023Revenue 2024: $1,697,996Expenses 2024: $1,814,181Net Income 2024: -$116,1852024

Highlighted filing

2024

Revenue$1,697,996
Expenses$1,814,181
Net Income-$116,185

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.03$0.35$0.68$1.70$1.81$0.12
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.32$0.80$1.70$1.89$0.19
2022Detailed filing. Detailed filing data is available for this year.$1.29$0.30$0.99$1.76$1.75$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.40$0.43$0.97$1.82$1.58$0.24
2020Detailed filing. Detailed filing data is available for this year.$1.10$0.37$0.73$1.74$1.48$0.26
2019Detailed filing. Detailed filing data is available for this year.$0.79$0.32$0.47$1.88$1.69$0.20
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.69$0.42$0.27$1.75$1.64$0.11
2017Summary only. Only limited summary data is available for this year.$0.70$0.54$0.16$1.59$1.49$0.10
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.50$0.06$1.62$1.59$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.62$0.58$0.04$1.62$1.64$0.02
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$0.67$0.06$1.55$1.46$0.08
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.60$0.02$1.76$1.62$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.68$0.16$1.44
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.46$0.13$1.20
2010Summary only. Only limited summary data is available for this year.$0.31$0.44$0.13$1.15$1.19$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 7, 2025
Return Version
2024v5.2
Gross Receipts
$1,697,996
Mission and Program Overview

Mission

The florida insurance council's mission is to provide value through education, research, and representation before consumer, legislative, regulatory, and judiciary organizations. The council is dedicated to the highest standards of business ethics and professionalism; committed to promoting and protecting the viability of the insurance market; resolved to earn consumer confidence and trust, and determined to foster a positive public image of the insurance community.

To promote the insurance industry in the state of florida through education, public relations, and legislative and regulatory representation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$941,095$680,112▼ $260,983
Cash and Non-Interest-Bearing Accounts$161,994$331,625▲ $169,631
Prepaid Expenses and Deferred Charges$383$671▲ $288
Land, Buildings, and Equipment, Net$582$582→ $0
Total Assets$1,115,681$1,033,741▼ $81,940
Other Assets Total$11,627$20,751▲ $9,124
Liabilities
Deferred Revenue$296,410$323,560▲ $27,150
Accounts Payable and Accrued Expenses$23,693$30,788▲ $7,095
Total Liabilities$320,103$354,348▲ $34,245
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$795,578$679,393▼ $116,185
Total Net Assets Fund Balance$795,578$679,393▼ $116,185
Total Liabilities and Net Assets / Fund Balance$1,115,681$1,033,741▼ $81,940

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$582$20,738$21,320
Equipment$0$16,806$16,806
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cecil L PearcePresidentFT$375,000$122,390$497,390
Katrina CallawayGeneral CounselFT$228,150$59,358$287,508

Board Members and Trustees

NameTitle
Suzanne LoomisChair (partial Year)
Peggy CamerinoChair Elect (partial Year)
Raymond G Waugh JrChair/immediate Past Chair (partial Year)
David PizziImmediate Past Chair (partial Year)
Richard ThompsonTreasurer/chair Elect (partial Year)
Allison Hess SitteDirector
Brent BrummerDirector
David WardDirector
Don MatzDirector
Eric DupontDirector
Eric MusserDirector
Gil ValdesDirector
Gregory W RedmondDirector
Hank HoffmanDirector
Hugh BarrettDirector
Kimberly BlackburnDirector
Kirk LaDirector
Lisa ConleyDirector
Liz ReynoldsDirector
Malcolm SmithDirector
Matthew AhmannDirector
Michael R CratemDirector
Michael T JalovecDirector
Robert E White JrDirector
Samatha FerrinDirector
Stacey GiulantiDirector
Stephanie HaasDirector
Susan BurrellDirector
Ted KennedyDirector
Tony TrenzelukDirector
Shawn PollackDirector (partial Year)
Jennifer WebbSecretary (partial Year)
Tom JergerSecretary (partial Year)
Darie JordanTreasurer (partial Year)

Highest Paid Contractors

ContractorServicesLocationCompensation
Floridian Partners LLCLobbying/consulting108 SOUTH MONROE ST, Tallahassee, FL 32301$149,350
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,675,014
Investment Income
$19,228
Other Revenue
$3,754
Change in Net Assets
$-116,185
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$911,920
Other Expenses$899,551
Grants and Similar Amounts Paid$2,710
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Lobbying---$505,568
Current Officers, Directors, Trustees, and Key Employees---$497,390
Other Salaries and Wages---$314,970
Conferences and Meetings---$107,027
Occupancy---$80,987
Other Employee Benefits---$62,007
Travel---$45,018
Payroll Taxes---$37,553
Fees for Services Accounting---$33,844
Office Expenses---$28,521
Fees for Services Other---$22,938
Insurance---$12,671
Grants to Domestic Orgs---$2,710
Information Technology---$470
Other Expenses---$61
Total Functional Expenses$0$0$0$1,814,181
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Total Nondeductible Lobbying and Political Cost$620,389
Current Year Nondeductible Lobbying and Political Cost$566,512
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Florida insurance council is a membership organization. Membership in the florida insurance council is available to insurance companies which are admitted or authorized to do business in the state by the florida office of insurance regulation. Associate memberships are available for national trade associations and similar entities. Subscribing membership is available for business entities involved in insurance, but not qualifying as either a member or associate member. Reinsurance membership is available to special members composed of reinsurance companies.

Form 990, Part VI, Section A, Line 7A

Every regular dues paying member company shall have a representative appointed to the board of directors.

Form 990, Part VI, Section A, Line 7B

Some decisions of the governing body are subject to approval by members per the company's bylaws.

Form 990, Part VI, Section B, Line 11B

The council staff work in conjunction with an independent accounting firm who prepares the form 990. The officers of the executive committee review form 990 and resolves any issues or questions with the accounting firm. These officers review the form 990 before it is filed with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

The board of directors is required to disclose annually any known or potential conflicts of interest. All conflicts or potential conflicts are resolved by the chair of the board.

Form 990, Part VI, Section B, Line 15A

The executive committee is delegated the authority to determine the ongoing compensation and other financial arrangements of the president.

Form 990, Part VI, Section C, Line 19

The organization makes its three most current years of form 990 available upon request. No other documents are made available to the public.

Filing and Contact Details

Filer

Filer Name
Florida Insurance Council Inc
EIN
59-0996633
Phone
8503866668
Address
150 SOUTH MONROE ST STE 206, TALLAHASSEE, FL 32301

Signing Officer

Name
Cecil Pearce
Title
President
Phone
8503866668
Signed
2025-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cecil Pearce
Formed
1962
Legal Domicile
Fl
Voting Board Members
34
Independent Board Members
33
Employees
3
Volunteers
34

Preparer

Firm
Thomas Howell Ferguson Pa
Address
2615 CENTENNIAL BLVD SUITE 200, TALLAHASSEE, FL 32308
Preparer
Stacey T Kolka
Phone
8506688100
Supplemental Narrative

Additional Explanations

Regulation Section 1.263(A)-1(F) - De Minimis Safe Harbor Election

Taxpayer name: florida insurance council, inc. Taxpayer address: 150 s monroe st, ste 206, tallahassee, fl 32301 taxpayer id number: 59-0996633 year-end: 12/31/24 under irc regulation section 1.263(a)-1(f), the taxpayer hereby elects to apply the de minimis safe harbor election.

Raw XML AppendixShowing 400 of 631 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivityOrMissionDesc0TO PROMOTE THE INSURANCE INDUSTRY IN THE STATE OF FLORIDA THROUGH EDUCATION, PUBLIC RELATIONS, AND LEGISLATIVE AND REGULATORY REPRESENTATION.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CECIL PEARCE
IRS990/BooksInCareOfDetail/PhoneNum08503866668
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IRS990/BooksInCareOfDetail/USAddress/CityNm0TALLAHASSEE
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0108 SOUTH MONROE ST
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IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01697996
IRS990/DecisionsSubjectToApprovaInd01
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IRS990/MissionDesc0SEE SCHEDULE OTHE FLORIDA INSURANCE COUNCIL'S MISSION IS TO PROVIDE VALUE THROUGHEDUCATION, RESEARCH, AND REPRESENTATION BEFORE CONSUMER, LEGISLATIVE,REGULATORY, AND JUDICIARY ORGANIZATIONS. THE COUNCIL IS DEDICATED TOTHE HIGHEST STANDARDS OF BUSINESS ETHICS AND PROFESSIONALISM;COMMITTED TO PROMOTING AND PROTECTING THE VIABILITY OF THE INSURANCEMARKET; RESOLVED TO EARN CONSUMER CONFIDENCE AND TRUST, ANDDETERMINED TO FOSTER A POSITIVE PUBLIC IMAGE OF THE INSURANCECOMMUNITY.
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