WEST DES MOINES, IA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)INDEPENDENT INSURANCE AGENTS OF IOWA, founded in 1906, is a community nonprofit that reported $2.1M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $609K, a strong 29% operating margin.
THE INDEPENDENT INSURANCE AGENTS OF IOWA WILL BE AN UNRELENTING ADVOCATE OF THE BUSINESS, PROFESSIONAL AND POLITICAL INTERESTS OF ITS MEMBERS; DOING SO BY WORKING IN THE PUBLIC'S INTEREST AND WITH THE HIGHEST ETHICAL STANDARDS.
PROMOTION, ADVOCACY AND OTHER GENERAL SERVICES TO INDEPENDENT INSURANCE AGENCIES DOING BUSINESS IN THE STATE OF IOWA. APPROXIMATELY 491 MEMBER AGENCIES AT YEAR END.
THE ASSOCIATION HOSTS THE ANNUAL MEETING AND CONVENTION FOR ITS MEMBERSHIP EACH YEAR. THE CONVENTION PROVIDES DEVELOPMENT PROGRAMS IN ADDITION TO PROVIDING OPPORTUNITIES FOR NETWORKING AND SHARING OF...
THE ASSOCIATION HOSTS THE ANNUAL MEETING AND CONVENTION FOR ITS MEMBERSHIP EACH YEAR. THE CONVENTION PROVIDES DEVELOPMENT PROGRAMS IN ADDITION TO PROVIDING OPPORTUNITIES FOR NETWORKING AND SHARING OF IDEAS AMONG PEERS.
THE ASSOCIATION COORDINATES SEMINARS, WORKSHOPS AND CONFERENCES PROVIDING FOR DEVELOPMENT AND LEARNING OPPORTUNITIES FOR INSURANCE AGENTS DOING BUSINESS IN IOWA.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,104,772 | $1,806,486 | +0.2% |
| Expenses | $1,495,486 | $1,461,927 | +0.0% |
| Net Income | $609,286 | $344,559 | +0.8% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| TOM O'MEARA | CEO | 48.00 |
Officer
|
$303,295 | $46,233 | $349,528 |
| MELISSA MEINERS | CHIEF ADMIN | 40.00 |
Highest
|
$118,646 | $28,698 | $147,344 |
| BILLY BLAKE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| AJ KRIST | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DERRICK PARSONS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KATIE ROSENBOOM | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| CHRIS GENTRY | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVE WALTERS | VICE PRESIDE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEVE GOODHUE | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LUKE HORAK | PAST PRESIDE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEVE MADSEN | NATIONAL DIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| SCOTT WIRTZ LEFT SEPTEMBER 2024 | PAST PRESIDE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,104,772 | $1,495,486 | $10,031,823 | $609,286 |
| 2024 | $1,806,486 | $1,461,927 | $9,390,098 | $344,559 |
| 2023 | $1,698,435 | $1,406,498 | $8,357,980 | $291,937 |
| 2022 | $1,959,343 | $1,349,964 | $7,880,743 | $609,379 |
| 2021 | $1,602,077 | $1,072,124 | $8,855,981 | $529,953 |
| 2020 | $1,613,988 | $1,316,659 | $7,245,248 | $297,329 |
| 2019 | $1,840,874 | $1,468,906 | $6,714,120 | $371,968 |
| 2018 | $1,754,697 | $1,477,647 | $6,856,913 | $277,050 |
Compare INDEPENDENT INSURANCE AGENTS OF IOWA with other nonprofits in Iowa and across the country.