Overview
What is International Foundation Of Employee Benefit Plans Inc?
The International Foundation of Employee Benefit Plans Inc, based in Brookfield, Wisconsin, is a nonprofit organization with a mission to serve as a leading independent source of education and information on employee benefits and financial literacy. With a team of 140 employees, they provide a variety of educational programs, services, and conferences to help individuals and organizations navigate the complexities of employee benefits. Their dedication extends beyond just benefits, focusing on financial literacy as well. As an objective educational resource, they aim to inform and empower individuals to make informed decisions regarding their employee benefits and overall financial well-being.
Official website here: www.ifebp.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
The International Foundation of Employee Benefit Plans Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 80%. This score is solely based on its Accountability & Finance, indicating the organization demonstrates a commitment to financial responsibility and governance. Significant strengths include a fully independent board and robust policies concerning conflicts of interest, whistleblowing, and document retention, all of which contribute positively to its accountability metrics.
However, while the organization excels in governance and independent oversight, there are areas where its financial ratios suggest room for improvement. The program expense ratio stands at 62.71%, which may raise questions about the efficiency of fund allocation towards its mission-related activities. Additionally, the liabilities to assets ratio is at 59.03%, indicating potential financial risk that the organization might need to manage carefully.
Overall, the International Foundation of Employee Benefit Plans Inc shows a solid commitment to accountability and transparency but faces challenges in optimizing its financial health and program expenses. Stakeholders might want to consider these factors when assessing the organization’s effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is International Foundation Of Employee Benefit Plans Inc legitimate?
International Foundation Of Employee Benefit Plans Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Foundation Of Employee Benefit Plans 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,054,670
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,569,864
For more financial information, click here
Official website here: www.ifebp.org
What is the mission statement of International Foundation Of Employee Benefit Plans Inc?
The International Foundation of Employee Benefit Plans is a non-profit organization committed to serving as a leading and impartial source of education and information on employee benefits and financial literacy. Dedicated to this mission, the Foundation delivers a range of educational programs, services, and conferences centered around employee benefit plans. By providing valuable insights and resources, the organization aims to help individuals and organizations make informed decisions regarding their employee benefit plans and financial well-being.
Official website here: www.ifebp.org
Who is the CEO of International Foundation Of Employee Benefit Plans Inc?
Terence S Davidson is the Immediate Past President of International Foundation Of Employee Benefit Plans Inc. The CEO's salary of International Foundation Of Employee Benefit Plans Inc is $485,540 and their total compensation is $644,945.
Official website here: www.ifebp.org
What is the revenue of International Foundation Of Employee Benefit Plans Inc?
International Foundation Of Employee Benefit Plans Inc's revenue in 2022 was $31,544,284.
Official website here: www.ifebp.org
Who are the executives of International Foundation Of Employee Benefit Plans Inc and what are their salaries?
The average compensation at International Foundation Of Employee Benefit Plans Inc during 2022 was $68,747. There are 140 employees and 247 volunteers at International Foundation Of Employee Benefit Plans Inc.
Here are 53 key members and their salaries (International Foundation Of Employee Benefit Plans Inc's CEO's salary is $485,540 and their total compensation is $644,945):
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- Compensation: $485,540
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- Other: $46,605
Official website here: www.ifebp.org
Where can I find the form 990 for International Foundation Of Employee Benefit Plans Inc?
International Foundation Of Employee Benefit Plans Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ifebp.org
Learn more at the official website: www.ifebp.org
Mission Statement of International Foundation Of Employee Benefit Plans Inc
The International Foundation of Employee Benefit Plans Inc, a renowned nonprofit organization, is committed to being a leading and independent source of employee benefits and financial literacy education and information. Headquartered in the heart of the nonprofit sector, this esteemed organization dedicates itself to providing valuable insights on employee benefit plans through its educational programs, services, and conferences.
With a mission to enlighten both employers and employees, the International Foundation of Employee Benefit Plans Inc strives to offer an objective and comprehensive understanding of various employee benefit plans. By serving as an educational hub, the organization aims to promote financial literacy and equip individuals with the knowledge they need to make informed decisions regarding their benefits. The nonprofit's dedication to its mission is evident in its extensive range of programs and services tailored to employee benefit plans.
The International Foundation of Employee Benefit Plans Inc is not just a passive information provider; it is an active participant in shaping the future of employee benefits. Through its conferences, the organization brings together industry experts, thought leaders, and professionals to discuss the latest trends, challenges, and opportunities in employee benefits. By fostering a collaborative environment, it creates a platform where ideas are shared, best practices are exchanged, and innovative solutions are discovered. In this way, the organization plays a pivotal role in advancing the employee benefits landscape and empowering individuals to make the most of their benefits packages.
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Impact
October, 2024
The International Foundation of Employee Benefit Plans Inc significantly enhances the landscape of employee benefits and financial literacy. By providing targeted educational programs, services, and conferences, it serves as a crucial resource for individuals and organizations navigating the complexities of employee benefit plans. The foundation's commitment to delivering objective and independent information empowers both employees and employers, fostering informed decision-making and improving overall financial well-being.
Through its comprehensive educational initiatives, the foundation not only raises awareness about employee benefits but also enhances understanding of financial literacy, thereby contributing to community improvement. Its efforts help bridge the knowledge gap in employee benefits, enabling individuals to better manage their financial futures and making organizations more effective in offering competitive and valuable benefit packages. This holistic approach has a ripple effect, promoting healthier workplaces and stronger community ties.
This information is meant to be a general summary of International Foundation Of Employee Benefit Plans Inc. 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: $695,501
- Program Service Revenue: $29,594,527
- Gross Receipts: $35,568,293
Assets and Liabilities:
- Total Assets: $42,247,645
- Total Liabilities: $23,425,308
- Net Assets: $18,822,337
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REGISTRATION
Revenue
$21,403,784
MEMBERSHIP DUES
Revenue
$5,907,054
CEBS CERTIFICATION PRO
Revenue
$1,419,910
E-LEARNING
Revenue
$681,300
ADVERTISING AND OTHER
Revenue
$182,479
Organization Details
Founding Year
1954
Phone
(262) 786-6700Principal Officer
Terence S Davidson
Main Address
18700 W BLUEMOUND RD, BROOKFIELD, WI, 53045
Website
www.ifebp.orgNTEE Category
Code: S41Z - Community improvement
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