Minnesota Independent Insurance Agents and Brokers
Formerly Minnesota Independent Insurance Agents Association. MIIAB provides education, information on industry developments, and group insurance agents and communicates the agents' concerns to state legislators, regulators, and companies. Membership Fee: $40 (CSR/Support); $130 (Producer); $840 (Base Agency); $375 (Branch); $2,700-$22,500 (Affiliate); $15,000 (Network).
Organization Type:
State or Regional Association
Tax Exempt Status:
501(c)(6)
Industry:
Banking/Finance/Investments, Governments (Local/State/Federal/Foreign), Insurance Industry, Investments/Securities Industry, State
Address:
601 Carlson Pkwy STE 450
Minnetonka, MN 55305-5222
Members:
over 725 agencies, including branches, and 6,500 insurance professionals
Certification Programs:
CISR; CIC; CISR ELITE; CRM
Other Addresses
Address:
7500 Flying Cloud Dr.Suite 900, Eden Prairie MN 55344
Address:
15490 101st Ave., NorthSuite 100, Maple Grove MN 55369
Address:
C/O Christensen Group, Inc.130 Division St., Suite B, Waite Park MN 56387
Address:
C/O Nesbit Agencies, Inc.5900 Rowland Rd., Minnetonka MN 55343
Address:
C/O Foster White Agency, Inc.114 Third St., West, Monticello MN 55362
Address:
C/O M&M Insurance Agency, LLCP.O. Box 422, Mapleton MN 56065
Financial Snapshot
Total revenues: $1,458,740
Year - 2024
1st-yr growth
10.73%
Year by Year
Revenue
Membership Dues
CIC INSTITUTES
CONVENTION
Other
Total expenses: $1,400,708
Year - 2024
1st-yr growth
21.85%
Year by Year
Expenses
Management fees
Other expenses
Conferences, conventions, meetings
Other
Total assets: $1,778,835
Year - 2024
1st-yr growth
-1.06%
Year by Year
Assets
Other assets
Cash -- non-interest bearing
Investments in other securities
Other
Total Liabilities: $414,504
Year - 2024
1st-yr growth
-18.56%
Year by Year
Liabilities
Other liabilities
Accounts payable and accrued expenses
This association reports using a management firm on their 990 tax documents.