Overview
What is Iba Group Insurance Trust?
Iba Group Insurance Trust is a nonprofit organization headquartered at 8425 Woodfield Crossing Blvd 155E, Indianapolis, IN, 46240. Their primary focus is to extend life, accident, and sickness benefits to eligible participants. The organization's mission is deeply rooted in ensuring the well-being of their members, offering essential protection during challenging times. By providing these benefits, Iba Group Insurance Trust aims to bring peace of mind and financial security to the lives of those it serves.
What are the reviews and ratings of this charity?
The Iba Group Insurance Trust is currently not rated by Charity Navigator because it hasn't been evaluated under the required Accountability & Finance or Impact & Measurement beacons. This lack of rating is not indicative of the organization's quality, but rather reflects that it is not a 501(c)(3) IRS registered nonprofit, which is a criterion for such evaluations.
The absence of financial data, such as total revenue and expenses, along with key staff salaries, further limits the ability to provide a thorough assessment on Charity Navigator. Historical ratings focused primarily on financial accountability, but Iba Group Insurance Trust can't be measured under current methodologies due to its non-501(c)(3) status.
Without user reviews on GreatNonprofits, public insight into the organization's community impact or operational effectiveness remains limited. The lack of both an official rating and public feedback suggests a need for potential donors to perform further independent research if considering support.
This AI summary has been generated from information found on Charity Navigator.
Is Iba Group Insurance Trust legitimate?
Iba Group Insurance Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Iba 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
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What is the mission statement of Iba Group Insurance Trust?
The Iba Group Insurance Trust is committed to extending life, accident, and sickness benefits to eligible individuals. This mission is carried out through the provision of essential coverage plans. The trust's primary objective is to safeguard the wellbeing and financial security of its participants. By offering these benefits, the trust aims to provide peace of mind and alleviate the stress that comes with unforeseen health challenges or accidents. The trust's services are designed to help individuals focus on their health and recovery, instead of worrying about the financial implications of their situation. The trust's mission is to make a positive difference in the lives of those it serves, ensuring they have the necessary support during difficult times.
Who is the CEO of Iba Group Insurance Trust?
Amber Van Til is the Chairman of Iba Group Insurance Trust.
What is the revenue of Iba Group Insurance Trust?
Iba Group Insurance Trust's revenue in 2022 was $34,528,734.
Who are the executives of Iba Group Insurance Trust and what are their salaries?
There 7 volunteers at Iba Group Insurance Trust.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Iba Group Insurance Trust?
Iba Group Insurance Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Iba Group Insurance Trust
Iba Group Insurance Trust, a notable organization, is dedicated to extending life, accident, and sickness benefits to its eligible members. The mission of this trust is geared towards ensuring the financial security and well-being of those it serves. By offering these essential benefits, Iba Group Insurance Trust strives to provide peace of mind and alleviate the worries that come with unexpected circumstances. Through its commitment to delivering on this promise, it offers a safety net to its participants, enabling them to focus on their health and recovery during challenging times. The organization's unwavering dedication to its members is a beacon of hope and support, offering a sense of security and protection that is invaluable. The essential services Iba Group Insurance Trust provides empower its members to face life's uncertainties with confidence, knowing that they have a trusted partner by their side.
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Impact
October, 2024
Iba Group Insurance Trust significantly impacts its community by delivering essential life, accident, and sickness benefits to eligible participants. By ensuring financial security in times of distress, it helps individuals and families navigate challenges associated with health issues and unexpected events. This mission not only fosters a sense of stability and peace of mind for members in Indianapolis and beyond but also promotes mutual support and community resilience. The Trust’s commitment to providing safety nets enhances overall well-being and underscores the importance of collective benefits in improving quality of life.
This information is meant to be a general summary of Iba 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: $1,036,238
- Program Service Revenue: $33,482,104
- Gross Receipts: $40,284,789
Assets and Liabilities:
- Total Assets: $11,391,886
- Total Liabilities: $32,833
- Net Assets: $11,359,053
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$33,341,388
EMPLOYEE CONTRIBUTIONS
Revenue
$140,716
Organization Details
Founding Year
1957
Phone
(800) 558-6206Principal Officer
Amber Van Til
Main Address
8425 WOODFIELD CROSSING BLVD 155E, INDIANAPOLIS, IN, 462407231
NTEE Category
Code: Y40 - Mutual benefit
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