Indel Group Insurance Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 226199856 ✦ Rancocas, NJ ✦ Designated as a 501(c)(9)

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Overview

What is Indel Group Insurance Trust?

Indel Group Insurance Trust is a nonprofit organization located in Rancocas, New Jersey. With a staff of 29 individuals, their primary mission is to manage health insurance premiums and disability benefits for their affiliated employers. This crucial role enables these employers to provide essential coverage to their employees, ensuring financial security and peace of mind. The Trust does not engage in any research, advocacy, or community outreach activities, focusing solely on its insurance-related services.

Is Indel Group Insurance Trust legitimate?

Indel Group Insurance Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Indel Group Insurance Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Indel Group Insurance Trust?

The Indel Group Insurance Trust is committed to covering the health insurance premiums and providing disability benefits for its affiliated employers. This mission is aimed at offering financial support in these critical areas, thereby alleviating some of the financial burdens associated with healthcare and disability for these organizations and their employees. The trust serves as a safety net, ensuring that these essential benefits are available when needed. By doing so, it contributes to the overall well-being and peace of mind of the employees in these affiliated organizations.

Who is the CEO of Indel Group Insurance Trust?

Steven C Feil is the Trustee of Indel Group Insurance Trust.

What is the revenue of Indel Group Insurance Trust?

Indel Group Insurance Trust's revenue in 2023 was $7,136,846.

Who are the executives of Indel Group Insurance Trust and what are their salaries?

There are 29 employees at Indel Group Insurance Trust.


Here are 4 key members and their salaries:


Steven C Feil (Trustee)
  • Compensation: $0
  • Related: $1,099,724
  • Other: $45,750
Thomas P Mcshane (Trustee)
  • Compensation: $0
  • Related: $186,127
  • Other: $27,919
Manning J Smith (Trustee)
  • Compensation: $0
  • Related: $300,000
  • Other: $45,000
Paul F Zakulec (Trustee)
  • Compensation: $0
  • Related: $108,445
  • Other: $16,267
Where can I find the form 990 for Indel Group Insurance Trust?

Indel Group Insurance Trust's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Indel Group Insurance Trust

Indel Group Insurance Trust, as a trust, is committed to a specific mission. They focus on financially supporting their affiliated employers by covering their health insurance premiums and disability benefits. This role is crucial in providing a safety net for these employers, ensuring their employees have access to necessary healthcare and financial protection in case of disability. By managing these expenses, Indel Group Insurance Trust alleviates some of the financial burden on their affiliated employers, enabling them to allocate resources elsewhere in their operations.

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Impact




October, 2024

Indel Group Insurance Trust significantly impacts its affiliated employers by alleviating the financial burden of health insurance premiums and disability benefits. By effectively managing these costs, it allows organizations to focus resources on their core operations, enhancing overall productivity and employee well-being. The Trust fosters a mutual benefit system, ensuring that businesses in Rancocas, NJ, and surrounding areas can offer competitive health and disability insurance to their employees. This not only boosts employee satisfaction and retention but also creates a healthier workforce, which in turn can lead to improved performance and lower absenteeism. In essence, Indel Group Insurance Trust plays a crucial role in promoting financial stability and health security for employers and employees alike.




This information is meant to be a general summary of Indel Group Insurance Trust. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$7,136,846 (2023)
Expenses
$7,522,662 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $7,134,634
  • Gross Receipts: $7,136,846

Assets and Liabilities:

  • Total Assets: $455,850
  • Total Liabilities: $500,663
  • Net Assets: -$44,813

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PAYMENTS FROM PARTICIP

Revenue

$7,134,634

Organization Details

Founding Year

1974

Principal Officer

Steven C Feil

Main Address

PO BOX 157, RANCOCAS, NJ, 08073

NTEE Category

Code: Y40 - Mutual benefit

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