Independent Colleges & Universities Benefits Association Inc

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

EIN: 421576411 ✦ Orlando, FL ✦ Designated as a 501(c)(9)

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Overview

What is Independent Colleges & Universities Benefits Association Inc?

Independent Colleges & Universities Benefits Association Inc, located at 4850 Millenia Blvd 329, Orlando, Florida, is a nonprofit organization dedicated to providing life, health, accident, and other benefits to its members. With a workforce of seven individuals, the association's mission is consistent with the tax-exempt status of its members. By offering these benefits, the organization aims to enhance the well-being of its members and support their overall welfare.


Official website here: www.icuba.org

Is Independent Colleges & Universities Benefits Association Inc legitimate?

Independent Colleges & Universities Benefits Association Inc is a legitimate nonprofit organization registered as a 501(c)(9) entity. Independent Colleges & Universities Benefits Association 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: $787,821
Professional Fundraising Fees: $0
Other Salaries and Wages: $501,967

For more financial information, click here


Official website here: www.icuba.org

What is the mission statement of Independent Colleges & Universities Benefits Association Inc?

The Independent Colleges & Universities Benefits Association Inc is dedicated to extending life, health, accident, and various other benefits to its members. Aligned with the tax-exempt status, the organization's primary goal is to ensure the well-being and security of its affiliated institutions and their communities. By offering these benefits, the Independent Colleges & Universities Benefits Association Inc contributes to the overall welfare and peace of mind of its members. The provision of these benefits not only supports the institutions but also enhances the quality of life for those connected to them.


Official website here: www.icuba.org

Who is the CEO of Independent Colleges & Universities Benefits Association Inc?

Mary J Hatch is the Coo of Independent Colleges & Universities Benefits Association Inc. The CEO's salary of Independent Colleges & Universities Benefits Association Inc is $314,720 and their total compensation is $324,911.


Official website here: www.icuba.org

What is the revenue of Independent Colleges & Universities Benefits Association Inc?

Independent Colleges & Universities Benefits Association Inc's revenue in 2022 was $98,817,940.


Official website here: www.icuba.org

Who are the executives of Independent Colleges & Universities Benefits Association Inc and what are their salaries?

The average compensation at Independent Colleges & Universities Benefits Association Inc during 2022 was $184,255. There are 7 employees at Independent Colleges & Universities Benefits Association Inc.


Here are 13 key members and their salaries (Independent Colleges & Universities Benefits Association Inc's CEO's salary is $314,720 and their total compensation is $324,911):


John Nisbet (Director)
  • Compensation: $0
  • Related: $303,211
  • Other: $31,926
Mark Weinstein (President & Ceo)
  • Compensation: $314,720
  • Related: $0
  • Other: $10,191
Donna Popovich (Chairman)
  • Compensation: $0
  • Related: $221,304
  • Other: $40,725
Paula Hedayat (Cfo)
  • Compensation: $230,463
  • Related: $0
  • Other: $8,463
Jeff Role (Director)
  • Compensation: $0
  • Related: $193,537
  • Other: $32,407
Mary J Hatch (Coo)
  • Compensation: $215,210
  • Related: $0
  • Other: $8,774
Jennifer Boyd-Pugh (Treasurer)
  • Compensation: $0
  • Related: $201,645
  • Other: $11,176
Tom Hartnett (Director)
  • Compensation: $0
  • Related: $170,217
  • Other: $33,161
John Lapham (Director)
  • Compensation: $0
  • Related: $143,391
  • Other: $0
Mona Hicks (Director)
  • Compensation: $0
  • Related: $121,724
  • Other: $14,448
Jennifer Addleman (Director)
  • Compensation: $0
  • Related: $86,838
  • Other: $12,411
Janet Craigmiles (Director)
  • Compensation: $0
  • Related: $79,142
  • Other: $0
Rochelle Greaves (Director)
  • Compensation: $0
  • Related: $74,566
  • Other: $0


Official website here: www.icuba.org

Where can I find the form 990 for Independent Colleges & Universities Benefits Association Inc?

Independent Colleges & Universities Benefits Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.icuba.org

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

Mission Statement of Independent Colleges & Universities Benefits Association Inc

Independent Colleges & Universities Benefits Association Inc, a nonprofit organization, is dedicated to extending life, health, accident, and other beneficial services in accordance with the tax-exempt status. This association aims to enhance the well-being of various educational institutions and their affiliates by offering a range of benefits plans.

The mission of Independent Colleges & Universities Benefits Association Inc is threefold. First and foremost, the organization focuses on providing essential benefits tailored to the requirements of tax-exempt institutions. These benefits encompass life, health, and accident coverage, among others, ensuring the peace of mind and security of the organizations and their members.

Secondly, Independent Colleges & Universities Benefits Association Inc serves as a trusted partner for educational institutions, offering comprehensive solutions to help them manage and optimize their employee benefits programs. By providing customized benefit plans, the organization enables its members to attract and retain top talent, boost morale, and improve overall workforce productivity. Through its membership model, the association fosters a sense of collaboration and community among its members, creating a network of like-minded institutions striving for excellence.

Lastly, Independent Colleges & Universities Benefits Association Inc is committed to continually evolving its offerings to meet the ever-changing needs of its members and the educational sector at large. By staying abreast of emerging trends and best practices, the organization ensures that its benefit plans remain competitive and effective in support of its mission.

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Impact




October, 2024

Independent Colleges & Universities Benefits Association Inc significantly enhances the welfare of its members by providing a range of essential benefits, including life, health, and accident coverage. By focusing on financial protection and support, the organization plays a vital role in ensuring the well-being of individuals affiliated with independent colleges and universities. This safety net not only fosters a healthier community but also promotes stability within the educational sector, allowing institutions to focus on their core mission of education without the added burden of healthcare uncertainties. The impact is felt broadly, as members can access crucial resources that contribute to their overall quality of life and job satisfaction. Through its services, the association helps to create a more secure and supportive environment for education professionals and their families in Orlando, Florida, and beyond.




This information is meant to be a general summary of Independent Colleges & Universities Benefits Association 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
$98,817,940 (2022)
Expenses
$97,258,575 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $58,821
  • Program Service Revenue: $98,759,119
  • Gross Receipts: $98,817,940

Assets and Liabilities:

  • Total Assets: $55,882,543
  • Total Liabilities: $28,653,738
  • Net Assets: $27,228,805

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Programs

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

PREMIUMS EARNED

Revenue

$98,759,119

Organization Details

Founding Year

2003

Principal Officer

Mary J Hatch

Main Address

4850 MILLENIA BLVD 329, ORLANDO, FL, 32839

NTEE Category

Code: Y40 - Mutual benefit

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