Insurance Legislators Foundation Inc

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

EIN: 391781696 ✦ Belmar, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Insurance Legislators Foundation Inc?

Insurance Legislators Foundation Inc is a nonprofit organization that plays a crucial role in educating and informing legislators about public policy matters stemming from insurance-related legislation and regulation. They provide essential support for seminars and annual meetings organized by the National Conference of Insurance Legislators (NCOIL). Their mission is to contribute to the understanding of complex insurance-related issues, enabling legislators to make informed decisions and shape relevant policies.

Is Insurance Legislators Foundation Inc legitimate?

Insurance Legislators Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Insurance Legislators Foundation Inc submitted a form 990EZ, 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.

What is the mission statement of Insurance Legislators Foundation Inc?

The Insurance Legislators Foundation Inc's primary mission is to educate and enlighten legislators on the intricacies of public policy issues stemming from insurance-related legislation and regulation. They achieve this by providing support for seminars and annual meetings organized by the National Conference of Insurance Legislators (NCOIL). In essence, their role is to promote informed decision-making among legislators regarding insurance-related matters.

Who is the CEO of Insurance Legislators Foundation Inc?

Deborah Ferguson is the President of Insurance Legislators Foundation Inc.

What is the revenue of Insurance Legislators Foundation Inc?

Insurance Legislators Foundation Inc's revenue in 2022 was $138,781.

Who are the executives of Insurance Legislators Foundation Inc and what are their salaries?


Here are 4 key members and their salaries:


Deborah Ferguson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Oliverson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Hunter (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Utke (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Insurance Legislators Foundation Inc?

Insurance Legislators Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Insurance Legislators Foundation Inc

The Insurance Legislators Foundation Inc is committed to educating and enlightening legislators on crucial public policy matters stemming from insurance-related legislation and regulation. Their primary objective is to provide valuable support for seminars and annual meetings organized by the National Conference of Insurance Legislators (NCIL). By doing so, they aim to keep legislators well-informed and equipped to make informed decisions on insurance-related matters, thereby contributing to the development of sound policies and regulations.

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Impact




October, 2024

Insurance Legislators Foundation Inc plays a crucial role in shaping effective insurance policies by educating and informing legislators on public policy issues related to insurance legislation and regulation. Through its seminars and annual meetings, it supports initiatives for the National Conference of Insurance Legislators (NCOIL), providing a platform for dialogue and collaboration among stakeholders. This engagement helps ensure that lawmakers are well-informed about the complexities of insurance issues, ultimately leading to more informed decision-making that benefits consumers and the overall insurance landscape. The foundation's efforts contribute to a better understanding of regulatory challenges and innovations, fostering a more stable and effective insurance environment.




This information is meant to be a general summary of Insurance Legislators Foundation 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.

Revenue
$138,781 (2022)
Expenses
$100,035 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1
  • Program Service Revenue: $108,500
  • Gross Receipts: $162,001

Assets and Liabilities:

  • Total Assets: $64,929
  • Total Liabilities: $4,875
  • Net Assets: $60,054

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Organization Details

Principal Officer

Deborah Ferguson

Main Address

616 FIFTH AVE, BELMAR, NJ, 07719

NTEE Category

Code: Z99Z - Unknown

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