Overview
What is Coalition Against Insurance Fraud?
The Coalition Against Insurance Fraud is a not-for-profit organization situated in Washington D.C., specifically at 1012 14TH STREET NW SUITE 610. Their primary mission is to combat all forms of insurance fraud, with the ultimate goal of reducing costs for both consumers and insurers. By doing so, they aim to promote fairness and integrity within the insurance system. To achieve this objective, they engage in various outreach activities, such as in-person presentations, social media campaigns, internet platforms, and collaborations with news media. The coalition's workforce consists of 6 dedicated individuals who are committed to upholding the principles of honesty and transparency in the insurance sector.
Official website here: www.insurancefraud.org
Is Coalition Against Insurance Fraud legitimate?
Coalition Against Insurance Fraud is a legitimate nonprofit organization registered as a 501(c)(4) entity. Coalition Against Insurance Fraud 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: $236,708
Professional Fundraising Fees: $0
Other Salaries and Wages: $393,118
For more financial information, click here
Official website here: www.insurancefraud.org
What is the mission statement of Coalition Against Insurance Fraud?
The Coalition Against Insurance Fraud's mission is centered around combating various types of insurance fraud, with the ultimate goal of reducing costs for both consumers and insurers. This organization strives to uphold fairness and integrity within the insurance system. As part of its mission, the Coalition engages in outreach efforts to the public, providing information on insurance fraud through presentations, social media, the internet, and news media.
Official website here: www.insurancefraud.org
Who is the CEO of Coalition Against Insurance Fraud?
Matthew Smith is the Executive Di of Coalition Against Insurance Fraud.
Official website here: www.insurancefraud.org
What is the revenue of Coalition Against Insurance Fraud?
Coalition Against Insurance Fraud's revenue in 2022 was $1,395,628.
Official website here: www.insurancefraud.org
Who are the executives of Coalition Against Insurance Fraud and what are their salaries?
The average compensation at Coalition Against Insurance Fraud during 2022 was $104,971. There are 6 employees at Coalition Against Insurance Fraud.
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Official website here: www.insurancefraud.org
Where can I find the form 990 for Coalition Against Insurance Fraud?
Coalition Against Insurance Fraud's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.insurancefraud.org
Learn more at the official website: www.insurancefraud.org
Mission Statement of Coalition Against Insurance Fraud
The Coalition Against Insurance Fraud, as an organization, is committed to combating all forms of insurance fraud. Its mission is multifaceted, aiming to reduce costs for both consumers and insurers, and to uphold fairness and integrity within the insurance system. The Coalition's actions are geared towards promoting a more honest and transparent insurance environment.
To accomplish this, the Coalition engages in various outreach activities to educate the public about insurance fraud. These outreach efforts extend to in-person presentations, social media platforms, the internet, and news media. By raising awareness about this issue, the Coalition aims to empower individuals to take proactive steps against insurance fraud, contributing to a more secure and trustworthy insurance sector.
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Impact
October, 2024
The Coalition Against Insurance Fraud plays a pivotal role in addressing and mitigating the issue of insurance fraud across the nation. By actively combating all forms of fraudulent activity, the organization not only helps to safeguard consumers and insurers alike but also works to reduce overall costs associated with such fraudulent practices.
Through extensive outreach initiatives, including in-person presentations, social media campaigns, and awareness in traditional news media, the Coalition educates the public about the risks and consequences of insurance fraud. This proactive approach fosters a greater understanding among consumers, empowering them to recognize and report suspicious activities.
By promoting fairness and integrity within the insurance system, the Coalition ultimately enhances consumer confidence, ensuring that the insurance market operates efficiently and equitably. Its commitment to reducing fraud contributes significantly to lowering costs for both consumers and insurers, creating a mutual benefit that reinforces the stability and trustworthiness of the insurance industry.
This information is meant to be a general summary of Coalition Against Insurance Fraud. 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: $49,019
- Program Service Revenue: $110,714
- Gross Receipts: $2,161,198
Assets and Liabilities:
- Total Assets: $1,448,704
- Total Liabilities: $621,284
- Net Assets: $827,420
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSORSHIP AND OTHER INCOME
Revenue
$110,714
Organization Details
Founding Year
1993
Phone
(202) 393-7330Principal Officer
Matthew Smith
Main Address
1012 14TH STREET NW SUITE 610, WASHINGTON, DC, 20005
Website
www.insurancefraud.orgNTEE Category
Code: Y20 - Mutual benefit
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