Overview
What is North Central Indiana School Insurance Trust?
North Central Indiana School Insurance Trust is a nonprofit organization located in Muncie, Indiana. Its primary mission is to extend medical, prescription drug, and dental insurance benefits to the employees of 19 Indiana school corporations and three related entities. With a commitment to the wellbeing of its members, the Trust strives to ensure they receive comprehensive health coverage.
Is North Central Indiana School Insurance Trust legitimate?
North Central Indiana School Insurance Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. North Central Indiana School 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.
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What is the mission statement of North Central Indiana School Insurance Trust?
The North Central Indiana School Insurance Trust serves the employees of 19 Indiana school corporations and 2 related entities, offering essential insurance benefits. Their primary objective is to provide medical, prescription drug, and dental insurance coverage. By doing so, they aim to promote the overall well-being and health security of the employees. In essence, the trust functions as a safety net, ensuring that these employees have access to crucial healthcare services. This enables them to focus on their roles within the educational sector without worrying about their health insurance needs.
What is the revenue of North Central Indiana School Insurance Trust?
North Central Indiana School Insurance Trust's revenue in 2023 was $33,407,588.
Who are the executives of North Central Indiana School Insurance Trust and what are their salaries?
Here are 41 key members and their salaries:
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Where can I find the form 990 for North Central Indiana School Insurance Trust?
North Central Indiana School Insurance Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of North Central Indiana School Insurance Trust
North Central Indiana School Insurance Trust, or NCISIT, is a nonprofit organization dedicated to extending medical, prescription drug, and dental insurance benefits to the employees of 19 Indiana schools and two related entities. NCISIT's primary mission is to ensure the well-being of its beneficiaries by providing them with comprehensive insurance coverage.
By pooling together the resources of various educational institutions, NCISIT creates a robust insurance program tailored to the needs of its member schools and their staff. The organization's focus on education sector employees sets it apart, making it an essential partner in the healthcare landscape for Indiana's schools. In doing so, NCISIT helps to maintain a healthy and productive workforce, allowing these institutions to focus on their core mission of providing quality education.
NCISIT's commitment to the well-being of its members extends beyond insurance coverage. By offering medical, prescription drug, and dental insurance benefits, the organization addresses the diverse healthcare needs of its beneficiaries. In doing so, it ensures that they have access to essential healthcare services, ultimately contributing to their overall wellness and the long-term sustainability of the schools they serve.
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Impact
October, 2024
North Central Indiana School Insurance Trust significantly impacts the educational community by providing essential medical, prescription drug, and dental insurance benefits to employees across 19 Indiana school corporations and 2 related entities. By ensuring that educators and support staff have access to comprehensive health coverage, it helps improve employee wellbeing and job satisfaction. This support not only aids in attracting and retaining quality personnel but also fosters a healthier workforce that can focus on their primary mission of education. Moreover, the collective approach enhances cost efficiency for the participating school corporations, allowing them to allocate more resources toward student services and academic programs. Overall, the Trust plays a crucial role in sustaining the health and stability of educational institutions in North Central Indiana.
This information is meant to be a general summary of North Central Indiana School 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $346,287
- Program Service Revenue: $33,061,301
- Gross Receipts: $33,407,588
Assets and Liabilities:
- Total Assets: $14,276,714
- Total Liabilities: $5,329,646
- Net Assets: $8,947,068
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAL AND DENTAL PREMIUMS
Revenue
$33,061,301
Organization Details
Founding Year
2002
Principal Officer
Greg Kile
NTEE Category
Code: Y43 - Mutual benefit
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