Overview
What is Gamma Iota Sigma?
Gamma Iota Sigma is a nonprofit organization with its primary address located in POWELL, OHIO. Their mission is to foster and sustain student interest in careers within the insurance, risk management, and actuarial science sectors. To achieve this goal, they organize various events such as regional conferences, pipeline events, leadership symposiums, and an annual international conference. These events cater to a wide range of students, reaching over 650 attendees in the regional conference series, 400 chapter presidents and officers in the leadership symposium, nearly 1,500 students in the annual conference, and hundreds of students through the Allies in Insurance event. These events aim to bridge the gap between students and the industry, providing resources and opportunities for international students, employee resource groups, and more. With a modest workforce of five employees, Gamma Iota Sigma is dedicated to promoting and sustaining student interest in these particular fields.
Official website here: www.gammaiotasigma.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
Gamma Iota Sigma has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The organization's overall score is largely driven by its strong indicators in board independence and financial oversight, demonstrating an effective governance structure with 93% of board members being independent. This suggests a commitment to maintaining a high standard of accountability.
Despite its strengths, there are notable areas for improvement. The charity is lacking key policies, including a conflict of interest policy, a whistleblower policy, and document retention policy, which were all marked as missing. Additionally, while the organization performs well in financial ratios, the absence of a publicly available tax form on its website could hinder transparency.
Overall, while Gamma Iota Sigma shows promise through its financial management and governance practices, addressing the identified policy gaps could enhance its accountability and public trust further. The charity's program expense ratio is also commendable, indicating a significant portion of funds directed towards its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Gamma Iota Sigma?
100% of 11 reviewers on Facebook highly recommend Gamma Iota Sigma. Here is a summary of their reviews:
Many members express gratitude for the invaluable support received through the organization, particularly in securing job opportunities within the insurance industry. The experiences shared highlight the effectiveness of networking offered by Gamma Iota Sigma, indicating that active participation can lead to significant career advancements.
Overall, it seems that individuals feel empowered and well-prepared for their careers as a result of their involvement. The organization appears to be making a positive impact, particularly for those seeking to establish themselves within the insurance field.
This AI summary has been generated from reviews found on Facebook.
Is Gamma Iota Sigma legitimate?
Gamma Iota Sigma is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gamma Iota Sigma 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: $163,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $297,214
For more financial information, click here
Official website here: www.gammaiotasigma.org
What is the mission statement of Gamma Iota Sigma?
Gamma Iota Sigma, an organization dedicated to promoting and sustaining student interest in insurance, risk management, and actuarial science, serves a mission of fostering careers in these fields. They achieve this through various events and programs, such as regional conferences, leadership symposiums, and an annual international conference. These activities have reached a significant number of students, with the regional conference series reaching over 650 students from 2021 to 2023, the leadership symposium involving nearly 400 chapter presidents and officers, and the annual conference reaching nearly 1,500 students. The organization also hosts events like the Allies in Insurance event, which brings students and industry professionals together, providing resources for international students and employee resource groups, among other things.
Official website here: www.gammaiotasigma.org
Who is the CEO of Gamma Iota Sigma?
Grace Grant is the Executive Director of Gamma Iota Sigma.
Official website here: www.gammaiotasigma.org
What is the revenue of Gamma Iota Sigma?
Gamma Iota Sigma's revenue in 2022 was $1,550,944.
Official website here: www.gammaiotasigma.org
Who are the executives of Gamma Iota Sigma and what are their salaries?
The average compensation at Gamma Iota Sigma during 2022 was $92,193. There are 5 employees and 65 volunteers at Gamma Iota Sigma.
Here are 15 key members and their salaries:
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Official website here: www.gammaiotasigma.org
Where can I find the form 990 for Gamma Iota Sigma?
Gamma Iota Sigma's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gammaiotasigma.org
Learn more at the official website: www.gammaiotasigma.org
Mission Statement of Gamma Iota Sigma
Gamma Iota Sigma, a renowned organization, is committed to fostering and sustaining the interest of college students in careers related to insurance, risk management, and actuarial science. The primary mission of Gamma Iota Sigma is to promote and encourage the pursuit of these fields by providing a supportive environment and opportunities for learning.
To achieve this mission, Gamma Iota Sigma hosts various events and programs. One of their key initiatives is the Regional Conference Series, which has reached over 650 students since 2021. This series offers a platform for students to network, learn about industry trends, and gain insights from industry professionals. Another significant event is the Leadership Symposium, which attracts nearly 400 chapter presidents and officers. This event provides valuable training and resources to help students develop leadership skills.
The annual International Conference is another highlight of Gamma Iota Sigma's events calendar. This conference brings together nearly 1,500 students, offering them a chance to engage with industry leaders, attend workshops, and participate in career fairs. The organization also hosts the Allies in Insurance event, which aims to foster understanding and collaboration between students and industry professionals. This event provides resources and discussions on how to be an effective ally, reaching hundreds of students over the past three years.
In conclusion, Gamma Iota Sigma serves a crucial role in promoting and sustaining student interest in careers in insurance, risk management, and actuarial science. Through its core programming, the organization offers students a range of opportunities to learn, network, and gain practical experience, all while fostering a supportive and inclusive community.
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Impact
October, 2024
Gamma Iota Sigma significantly impacts the education and professional development of students interested in insurance, risk management, and actuarial science. Through a variety of engaging conferences and events, the organization fosters connections between students and industry professionals, enhancing knowledge and career opportunities in these fields.
The Regional Conference Series alone has reached over 650 students from 2021 to 2023, promoting collaboration and networking among peers and experts. The Leadership Symposium has gathered nearly 400 chapter presidents and officers, empowering student leaders and encouraging them to take active roles in shaping their academic and professional environments. Furthermore, the Annual International Conference has attracted nearly 1,500 students, providing them with a platform to learn, share, and advance their understanding of industry trends and challenges.
The Allies in Insurance event uniquely addresses the importance of inclusivity within the industry by bringing together students and industry representatives to discuss effective allyship. This initiative also offers resources tailored for international students and employee resource groups, reaching hundreds of participants and enriching the overall educational experience.
Collectively, Gamma Iota Sigma’s efforts not only sustain interest in these vital career paths but also cultivate a supportive community, preparing the next generation of leaders in insurance and risk management.
This information is meant to be a general summary of Gamma Iota Sigma. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $7,116
- Program Service Revenue: $1,272,471
- Gross Receipts: $1,550,944
Assets and Liabilities:
- Total Assets: $1,150,758
- Total Liabilities: $59,465
- Net Assets: $1,091,293
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTNER DUES
Revenue
$1,124,850
CHAPTER MEMBERSHIP DUE
Revenue
$76,825
CONFERENCES
Revenue
$35,182
CHAPTER CHARTERING
Revenue
$5,000
Organization Details
Founding Year
1966
Phone
(484) 991-4471Principal Officer
Grace Grant
Main Address
PO BOX 1744, POWELL, OH, 43065
Website
www.gammaiotasigma.orgNTEE Category
Code: B03 - Education
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