Intersure Ltd FY2020 filing

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Member driven association of 25-30 independent insurance agencies, sharing best practices/information among members with a key goal of perpetuating the independent insurance agency industry.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $35K a year · 13% of revenue · last 5 filings
A surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
0% of spending went to programs.
Pt IX · Ln 25 · col B
12.4 mo
of spending, in cash
12.4 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$266K
83% of total assets
Liabilities are 83% of assets.
Pt X · Ln 26
Independent board members
8
of 8 voting members
8 of 8 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$227K
Spent
$213K
To programs
0%
Net assets
$54K
By yearFY2020–FY2024
Revenue
$227K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$227K
FY2021$205K
FY2022$279K
FY2023$375K
FY2024$301K
Expenses
$213K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$213K
FY2021$209K
FY2022$224K
FY2023$247K
FY2024$321K
Net assets
$54K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$54K
FY2021$51K
FY2022$106K
FY2023$234K
FY2024$214K

From the FY2020 Form 990 · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2015.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vacant
Director
$0Pt VII · Sec A
See Intersure Ltd executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Connects independent insurance agencies to share knowledge and strengthen their industry.

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1 program · $213K · in their own filed words · FY2020
01

During 2020, Intersure conducted two Principal's meetings, and several other functional meetings (i.e., commercial lines, personal lines, etc.) for the purpose of sharing information among members and discussing best practices. These meetings were virtual in nature due to COVID-19.

$213Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$227K
Ln 12
Gifts and grantsLn 1h$227K
Money outPt IX
$213K
Ln 25
Owns and owesPt X
$54K
net assets · Ln 32
Cash and savingsLn 1–2$220K
Total assetsLn 16$321K
LiabilitiesLn 26$266K
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$227K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Total revenueLn 12$227K
Assets in detailPt X, end of year
CashLn 1$220K
Cash and savings togetherLn 1–2$220K
Accounts receivableLn 4$87K
Prepaid expenses and deferred chargesLn 9$13K
Total assetsLn 16$321K
LiabilitiesLn 26$266K
Net assetsLn 32$54K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$226K$220K
Total assetsLn 16$318K$321K
LiabilitiesLn 26$278K$266K
Net assetsLn 32$40K$54K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of officers and key staff (Part IX, line 5)Ln 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$182K
Legal feesLn 11b$0
Accounting feesLn 11c$8K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$5K
Advertising and promotionLn 12$0
Office expensesLn 13$606
Information technologyLn 14$4K
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$2K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$7K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$2K
Other expenses (24a–d)Ln 24$2K
Total functional expensesLn 25$213K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 4, 2025 $301K$321K−$20K$214K 990 PDF
FY2023Filed with the IRS Nov 15, 2024 $375K$247K$128K$234K 990 PDF
FY2022Filed with the IRS Apr 26, 2023 $279K$224K$56K$106K 990 PDF
FY2021Filed with the IRS Oct 20, 2022 $205K$209K−$4K$51K 990 PDF
FY2020 ViewingFiled with the IRS Nov 13, 2021 $227K$213K$14K$54K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $227,025 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $260,250$227,025
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $260,250$227,025
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $226,926$212,529
I-18 Total expensesPrior year $226,926$212,529
I-19 Revenue less expensesPrior year $33,324$14,496
Part VI · Governance 8 of 8 board members independent, 4 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $227,025 across 9 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$227,025
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$0
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$227,025
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$227,025
Part IX · Statement of functional expenses $212,529 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of officers and key staff (Part IX, line 5)$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$181,939
IX-11b Legal fees$0
IX-11c Accounting fees$7,500
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$5,200
IX-12 Advertising and promotion$0
IX-13 Office expenses$606
IX-14 Information technology$4,461
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$1,929
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$6,619
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$2,302
IX-24 Other expenses (24a–d)$1,973
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$212,529
Part X · Balance sheet $320,556 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $226,286$219,997
X-4 Accounts receivableStart of year $79,146$87,354
X-9 Prepaid expenses and deferred chargesStart of year $12,919$13,205
X-16 Total assetsStart of year $318,351$320,556
X-17 Accounts payable and accrued expensesStart of year $278,415$266,124
X-26 Total liabilitiesStart of year $278,415$266,124
X-29 Capital stock or trust principalStart of year $0$0
X-30 Paid-in or capital surplusStart of year $0$0
X-31 Retained earnings or endowmentStart of year $39,936$54,432
X-32 Total net assets or fund balancesStart of year $39,936$54,432
X-33 Total liabilities and net assetsStart of year $318,351$320,556
Part XI · Reconciliation of net assets $54,432 net assets at year end
XI-1 Total revenue$227,025
XI-2 Total expenses$212,529
XI-3 Revenue less expenses$14,496
XI-4 Net assets at start of year$39,936
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$54,432

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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