Independent Insurance Agents of Central Florida Inc

“Sponsorship 10,000 miscellaneous income 53 total 10,053”

“EDUCATION 12,000 0 0”

“Office rental repairs 2,756 taxes and licenses 3,486 expenses office supply expense 800 website 2,464 telephone exp 698 subscription expense 701 miscellaneous expense 1,013 monthly meeting expense 12,287 other meeting expenses 4,475 discretionary fund 1,094 insurance expense 3,478 project invest 3,474 education expense 1,000 bank and processing fees 1,020 taxes and licenses 494 non-investment depreciation 107 investment depreciation 348 total 39,695”

“Prepaid expenses and deferred charges 3,500 0 furniture & equipment 13,988 13,988 less accumulated depreciation 13,793 13,899 signs 1,479 1,479 less accumulated depreciation 1,479 1,479 total 3,695 89”

“Credit card payable 625 900 pre-paid membership dues 24,050 13,642 rent security deposit 1,100 1,100 sales tax payable 65 0”

“The organization was established in 1980 as an affiliate of the florida association of insurance agents. The organization was formed for educational purposes and for the exchange of constructive ideas among its members. It also seeks to protect the public from unethical business practices and to assure each member maintains a high standard of ethical conduct. Membership consists of independent agencies which are engaged in the business of property and casualty insurance. The characteristics of an independent agency are: ownership of a book of business, operation on a commission basis, maintaining a good business reputation, and experience and training to represent the types of insurance offered. Associate memberships are available for companies that the members represent and for any business that provides services to the insurance industry. For its members, the organization offers: - monthly luncheon programs to educate the members about current insurance or community issues and provide an opportunity for exchange among the membership. - legislative representation and information to ensure that the independent agent's legislative position is heard and to inform members of important legislative issues. - insurance education seminars to ensure that the members maintain a high level of expertise in the insurance field. For the community, the organization offers: - invest, a high school program, to teach young consumers about the independent insurance agency system and offer scholarships for higher education. - speakers bureau to educate business and individuals about their insurance needs. - storm catastrophe information to keep the community on notice of storm developments and what needs to be done in preparation and response. - community sponsorships to show the organization's support for a variety of community projects.”

“Provide educational and other assistance to the profession of independent insurance agents in the central florida area. The organization has 35 member agencies and 46 associate memberships.”