Overview
What is Namic Group Insurance Trust?
Namic Group Insurance Trust is a nonprofit organization located in Indianapolis, Indiana. Their primary mission is to offer life, dental, vision, and disability benefits to eligible employees of the National Association of Mutual Insurance Companies and its member companies, through group insurance contracts with various insurance companies. The Trust serves as a crucial resource, providing essential insurance coverage to a broad range of employees within this insurance industry network.
Official website here: www.namic.org
Is Namic Group Insurance Trust legitimate?
Namic Group Insurance Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Namic 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
Official website here: www.namic.org
What is the mission statement of Namic Group Insurance Trust?
The Namic Group Insurance Trust's mission is centered around providing essential insurance benefits to eligible employees of the National Association of Mutual Insurance Companies and its member companies. Through group insurance contracts with various insurance companies, they offer life, dental, vision, and disability coverage. This initiative aims to support the workforce within this insurance community, ensuring they have access to crucial benefits during their employment.
Official website here: www.namic.org
Who is the CEO of Namic Group Insurance Trust?
Mark Vander Kooy is the Interim Chai of Namic Group Insurance Trust.
Official website here: www.namic.org
What is the revenue of Namic Group Insurance Trust?
Namic Group Insurance Trust's revenue in 2022 was $1,240,862.
Official website here: www.namic.org
Who are the executives of Namic Group Insurance Trust and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $515,206
- Other: $57,975
- Compensation: $0
- Related: $200,153
- Other: $7,963
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.namic.org
Where can I find the form 990 for Namic Group Insurance Trust?
Namic Group Insurance Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.namic.org
Learn more at the official website: www.namic.org
Mission Statement of Namic Group Insurance Trust
Namic Group Insurance Trust, a nonprofit organization, is committed to providing essential benefits to eligible employees of the National Association of Mutual Insurance Companies and its member companies. This is accomplished through group insurance contracts with various insurance companies. The mission of Namic Group Insurance Trust is focused on offering life, dental, vision, and disability benefits to these employees, ensuring they have access to crucial coverage in these areas. By doing so, Namic Group Insurance Trust plays a vital role in supporting the well-being and financial security of the employees within these organizations.
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Impact
October, 2024
Namic Group Insurance Trust significantly impacts the workforce associated with the National Association of Mutual Insurance Companies and its member companies by providing essential life, dental, vision, and disability benefits. By offering these benefits under group insurance contracts with reputable insurance companies, Namic ensures that eligible employees have access to vital health and financial protection.
This initiative not only enhances the overall well-being of employees and their families but also fosters a more stable and motivated workforce. By mitigating the financial burdens that can arise from health issues or unexpected life events, Namic Group Insurance Trust plays a critical role in promoting job satisfaction and retention among employees in the mutual insurance sector. Overall, the Trust serves as a cornerstone of support, empowering individuals to focus more on their professional contributions while having the peace of mind that comes from comprehensive insurance coverage.
This information is meant to be a general summary of Namic 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $91,451
- Program Service Revenue: $1,149,411
- Gross Receipts: $1,314,854
Assets and Liabilities:
- Total Assets: $2,913,507
- Total Liabilities: $19,333
- Net Assets: $2,894,174
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$1,149,411
Organization Details
Founding Year
1972
Phone
(317) 875-5250Principal Officer
Mark Vander Kooy
Main Address
PO BOX 68700, INDIANAPOLIS, IN, 46268
Website
www.namic.orgNTEE Category
Code: Y430 - Mutual benefit
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