Overview
What is Nassief Group Reinsurance Ltd?
Nassief Group Reinsurance Ltd, headquartered in Franklin, Tennessee, serves as a reinsurer for insurance products and contracts produced by affiliated automobile dealerships. Acting as an insurance company for federal tax purposes, the organization provides reinsurance services to support these dealerships. All funds are exclusively utilized for carrying out the organization's insurance operations and related activities, ensuring that it remains committed to its primary mission.
Is Nassief Group Reinsurance Ltd legitimate?
Nassief Group Reinsurance Ltd is a legitimate nonprofit organization registered as a 501(c)(15) entity. Nassief Group Reinsurance Ltd 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 Nassief Group Reinsurance Ltd?
Nassief Group Reinsurance Ltd's mission is centered around providing reinsurance services for insurance products and contracts produced by affiliated automobile dealerships. The company utilizes all its financial resources exclusively for its insurance operations and related activities, focusing specifically on reinsurance provided by an insurer, qualifying as such for federal tax purposes. The primary objective is to support the operations of these affiliated dealerships by providing reinsurance for the insurance products they offer.
Who is the CEO of Nassief Group Reinsurance Ltd?
George Nassief is the President / Director / 0% Ownership of Nassief Group Reinsurance Ltd.
What is the revenue of Nassief Group Reinsurance Ltd?
Nassief Group Reinsurance Ltd's revenue in 2022 was $55.
Who are the executives of Nassief Group Reinsurance Ltd and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Nassief Group Reinsurance Ltd?
Nassief Group Reinsurance Ltd's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nassief Group Reinsurance Ltd
Nassief Group Reinsurance Ltd, functioning as a reinsurer for federal tax purposes, dedicates its resources solely to the insurance operations and related activities. The organization's mission involves providing reinsurance services for insurance products and contracts produced by one or more affiliated automobile dealerships. All expenditures are directed towards carrying out this insurance-centric mission, ensuring that Nassief Group Reinsurance Ltd fulfills its role in the reinsurance sector effectively.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Nassief Group Reinsurance Ltd significantly impacts the automobile dealership landscape by providing crucial reinsurance services tailored for insurance products and contracts associated with these businesses. By qualifying as an insurance company for federal tax purposes, it enhances the financial stability of affiliated automobile dealerships, allowing them to manage risks effectively.
This reinsurance acts as a safety net, ensuring that dealerships can offer attractive insurance products to their customers while maintaining compliance with industry regulations. The organization's focus on expenditures related solely to its insurance operations ensures that resources are efficiently allocated to support these dealers, fostering a mutually beneficial relationship that enhances customer trust and dealership profitability.
In sum, Nassief Group Reinsurance Ltd plays a pivotal role in strengthening the insurance framework linked to automobile sales, thereby contributing to the overall resilience and success of the industry.
This information is meant to be a general summary of Nassief Group Reinsurance Ltd. 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: $55
- Gross Receipts: $55
Assets and Liabilities:
- Total Assets: $642,296
- Total Liabilities: $288,695
- Net Assets: $353,601
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1995
Phone
(615) 599-6386Principal Officer
George Nassief
Main Address
2015 MOULTRIE CIRCLE, FRANKLIN, TN, 37064
NTEE Category
Code: Y20 - Mutual benefit
If you are a representative of Nassief Group Reinsurance Ltd and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.