District of Columbia Insurance Federation

The District of Columbia Insurance Federation is a nonprofit organization, classified as a 501(c)(6) entity. This type of designation is typically given to business leagues, chambers of commerce, and similar organizations aimed at improving business conditions. As a 501(c)(6) organization, donations to this entity are not tax-deductible.

Mission and Objectives

The specific mission and objectives of the District of Columbia Insurance Federation are not detailed in available information. However, organizations under this category generally focus on promoting and enhancing the interests of their constituent members within the industry, in this case, likely aspects of the insurance sector in Washington, D.C.

Financial Profile

The financial data for this organization indicates a reliance on contributions as its primary source of revenue, with varying amounts reported in different years. The organization also generates some revenue from program services and investment income, though these are minimal compared to contributions.

Structure and Governance

Typically, organizations like this have a governing board composed of representatives from member companies or associations. This board oversees the activities and strategic direction of the federation. However, specific details about the governance structure of the District of Columbia Insurance Federation are not available.

Role in the Community

As a business league focused on the insurance industry, the federation may engage in advocacy, education, and networking activities to support insurers operating in the District of Columbia. These efforts are generally aimed at fostering a collaborative environment that benefits industry professionals and stakeholders.

Since detailed information about specific activities, leadership, or initiatives of the District of Columbia Insurance Federation is limited, it is challenging to provide a comprehensive description of its role and impact beyond its general classification and financial profile.