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International Association Of Black Actuaries Inc

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

EIN: 364305164 ✦ Cleveland, OH ✦ Designated as a 501(c)(3)

Overview

What is International Association Of Black Actuaries Inc?

The International Association of Black Actuaries Inc, based in Cleveland, Ohio, is a nonprofit organization that focuses on empowering Black high school and college students to pursue studies in actuarial science. They offer financial assistance, mentorship, and serve as role models to encourage participation in actuarial organizations. The association also organizes educational activities related to actuarial science, aiming to enhance the skills of Black actuaries in the community and motivate college students to pursue this field. As part of their mission, they conduct annual meetings and seminars, offering a platform for actuarial students to engage with industry professionals and recruiters in a casual setting. This year, their annual meeting attracted over 500 attendees. The organization comprises a small team of just two dedicated individuals.


Official website here: www.blackactuaries.org

Is International Association Of Black Actuaries Inc legitimate?

International Association Of Black Actuaries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Association Of Black Actuaries Inc 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.

Here are some key statistics you may want to consider:

Executive Compensation: $126,475
Professional Fundraising Fees: $0
Other Salaries and Wages: $50,999

For more financial information, click here


Official website here: www.blackactuaries.org

What is the mission statement of International Association Of Black Actuaries Inc?

The International Association of Black Actuaries Inc is an organization that is committed to establishing and providing financial assistance, mentors, and role models for Black high school and college students pursuing studies in actuarial science. Its mission extends to encouraging participation of its members in activities of actuarial organizations. In addition to this, the association develops educational activities related to actuarial science aimed at improving the skills of Black actuaries in the community and encouraging college students to pursue studies in actuarial science. The organization conducts annual meetings and seminars, offering educational seminars to its membership to enhance both technical and professional skills. These events also provide an opportunity for actuarial students to interact with industry professionals and recruiters in a casual and intimate environment.


Official website here: www.blackactuaries.org

Who is the CEO of International Association Of Black Actuaries Inc?

Edson Edwards is the Director of International Association Of Black Actuaries Inc.


Official website here: www.blackactuaries.org

What is the revenue of International Association Of Black Actuaries Inc?

International Association Of Black Actuaries Inc's revenue in 2022 was $1,451,479.


Official website here: www.blackactuaries.org

Who are the executives of International Association Of Black Actuaries Inc and what are their salaries?

The average compensation at International Association Of Black Actuaries Inc during 2022 was $88,737. There are 2 employees and 75 volunteers at International Association Of Black Actuaries Inc.

Here are 12 key members and their salaries:

    Catherine Weaver (Executive Director)
  • Compensation: $86,430
  • Related: $0
  • Other: $795

    • Alan Newsome (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dwayne Husbands (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gloria Gilliam (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Abrokwah (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Monique Hacker-Patterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kam Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edson Edwards (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tenesia Mcgruder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ugo Okepwho (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maambo Mujala (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Tiffany Holmes (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.blackactuaries.org

    Where can I find the form 990 for International Association Of Black Actuaries Inc?

    The International Association Of Black Actuaries Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.blackactuaries.org

    Learn more at the official website: www.blackactuaries.org

    Mission Statement of International Association Of Black Actuaries Inc

    The International Association of Black Actuaries Inc is an organization with a mission to establish and provide financial assistance, mentors, and role models for Black high school and college students pursuing studies in actuarial science. Their objective is to encourage participation of its members in actuarial organizations. In addition to this, the association develops educational activities related to actuarial science designed to improve the skills of Black actuaries in the community and encourage college students to pursue studies in actuarial science. This is achieved through annual meetings and seminars, providing educational seminars to the membership, improving both technical and professional skills, and offering a casual and intimate environment for actuarial students to interact with industry professionals and recruiters. These events, such as the annual meeting, attract a large number of attendees, with over 500 individuals participating in this year's event.

    Impact

    This information is meant to be a general summary of International Association Of Black Actuaries Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The International Association of Black Actuaries Inc's impact lies in its crucial role in providing financial assistance, mentors, and role models for Black high school and college students, encouraging them to pursue studies in actuarial science. By organizing annual meetings and seminars, the association offers educational opportunities to its members, enhancing their technical and professional skills. With over 500 attendees at the latest annual meeting, the association facilitates interactions between actuarial students and industry professionals in a casual and intimate setting.

    Furthermore, the association's focus on developing educational activities related to actuarial science serves to improve the skills of Black actuaries and inspire college students to pursue careers in this field. By actively working to increase the representation of Black professionals in the actuarial community, the International Association of Black Actuaries Inc is making a significant impact on both individuals and the industry as a whole. Through its dedication to community improvement, the association is fostering diversity and creating opportunities for underrepresented groups in the actuarial field.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $11,417
  • Program Service Revenue: $88,985
  • Gross Receipts: $1,451,479

    • Assets and Liabilities:
  • Total Assets: $2,280,711
  • Total Liabilities: $20,683
  • Net Assets: $2,260,028
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ANNUAL MEETING

    Revenue

    $44,485

    MEMBERSHIP DUES

    Revenue

    $29,240

    MISCELLANEOUS

    Revenue

    $15,260

    Organization Details

    Founding Year

    1999

    Principal Officer

    Edson Edwards

    Main Address

    PO BOX 24245, CLEVELAND, OH, 44124

    NTEE Category

    Code: S80 - Community improvement

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