Indiana Statewide Group Insurance Trust

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

EIN: 351374544 ✦ Indianapolis, IN ✦ Designated as a 501(c)(9)

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Overview

What is Indiana Statewide Group Insurance Trust?

Indiana Statewide Group Insurance Trust is a nonprofit organization situated in Indianapolis, Indiana. It serves as an insurance trust, offering health and various other benefits to a substantial number of employees from participating cooperative members of the Indiana Statewide Association of Rural Electric Cooperatives, Inc., as well as employees within the rural electric industry. The trust's mission is to provide comprehensive coverage for its members, ensuring they have access to essential healthcare and additional benefits. It operates as a cooperative, catering to the needs of its extensive network within the rural electric sector.

Is Indiana Statewide Group Insurance Trust legitimate?

Indiana Statewide Group Insurance Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Indiana Statewide 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 Indiana Statewide Group Insurance Trust?

The Indiana Statewide Group Insurance Trust serves as an insurance trust, providing health and various other benefits to a substantial majority of employees from participating cooperative members of the Indiana Statewide Association of Rural Electric Cooperatives, Inc., as well as employees within the rural electric industry from other organizations. Its purpose is to ensure that these employees have comprehensive coverage. The trust's activities are centered around offering health and additional benefits to substantially all employees from the specified cooperatives and organizations. By doing so, it aims to enhance the overall well-being and security of these employees within the rural electric industry.

Who is the CEO of Indiana Statewide Group Insurance Trust?

Deirdre Tiernan is the Trustee of Indiana Statewide Group Insurance Trust.

What is the revenue of Indiana Statewide Group Insurance Trust?

Indiana Statewide Group Insurance Trust's revenue in 2021 was $1.

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


Here are 6 key members and their salaries:


David Cox (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chadd Jenkins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Mcmichael (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Matthews (Trustee/Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Gasstrom (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Kleaving (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Indiana Statewide Group Insurance Trust?

Indiana Statewide Group Insurance Trust's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Indiana Statewide Group Insurance Trust

Indiana Statewide Group Insurance Trust is an organization dedicated to offering health and various other benefits to a substantial number of employees within the cooperative members of the Indiana Statewide Association of Rural Electric Cooperatives, Inc., as well as employees from other entities within the rural electric industry. The trust's primary mission is to ensure these employees have access to comprehensive benefits coverage, thereby enhancing their overall well-being and job satisfaction. By providing these benefits, the Indiana Statewide Group Insurance Trust plays a significant role in supporting the workforce of the rural electric industry and contributing to their overall health and welfare.

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Impact




October, 2024

The Indiana Statewide Group Insurance Trust plays a crucial role in promoting the well-being of employees within the rural electric industry in Indiana. By providing comprehensive health and other benefits, it ensures that a significant number of employees from participating cooperative members and associated organizations have access to essential coverage. This support enhances job satisfaction, improves employee retention, and contributes to the overall stability of the workforce in this sector.

Furthermore, the trust’s services help mitigate financial risks associated with healthcare, allowing organizations to allocate resources more efficiently and focus on their core operations. By fostering a healthier workforce, the trust not only benefits the employees and their families but also strengthens the rural electric community as a whole, ultimately leading to improved service delivery and reliability for consumers in the region.




This information is meant to be a general summary of Indiana Statewide 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
$30,095 (2021)
Expenses
$112,772 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $1
  • Gross Receipts: $1

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

1977

Principal Officer

Deirdre Tiernan

Main Address

8888 KEYSTONE CROSSING NO 1600, INDIANAPOLIS, IN, 46240

NTEE Category

Code: Y40 - Mutual benefit

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