Georgia Guard Insurance Trust

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

EIN: 586276195 ✦ Rome, GA ✦ Designated as a 501(c)(19)

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Overview

What is Georgia Guard Insurance Trust?

The Georgia Guard Insurance Trust is a nonprofit organization situated in Rome, Georgia. Its primary mission is to provide group life insurance and dental coverage for members and former members of the Georgia National Guard. Established with the aim of ensuring financial security for its members, the trust offers these insurance benefits, serving as a valuable resource for the Georgia National Guard community. The trust employs a modest workforce of three individuals.


Official website here: www.ggit.org

Is Georgia Guard Insurance Trust legitimate?

Georgia Guard Insurance Trust is a legitimate nonprofit organization registered as a 501(c)(19) entity. Georgia Guard Insurance Trust 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: $90,322
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ggit.org

What is the mission statement of Georgia Guard Insurance Trust?

The Georgia Guard Insurance Trust was established with a primary objective of providing group life insurance coverage for members and former members of the Georgia National Guard. This organization extends its services beyond life insurance, also offering dental coverage for its members. Its purpose is to safeguard the financial well-being of those who serve in the Georgia National Guard, ensuring they have suitable coverage during their service and afterwards. The Trust is committed to providing essential insurance protection, ensuring peace of mind for its beneficiaries.


Official website here: www.ggit.org

What is the revenue of Georgia Guard Insurance Trust?

Georgia Guard Insurance Trust's revenue in 2023 was $618,664.


Official website here: www.ggit.org

Who are the executives of Georgia Guard Insurance Trust and what are their salaries?

The average compensation at Georgia Guard Insurance Trust during 2023 was $30,107. There are 3 employees at Georgia Guard Insurance Trust.

Here are 15 key members and their salaries:


Jean Paul Laurenceau (President Elect Ngaga)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marshall Kennemer (Administrator)
  • Compensation: $90,322
  • Related: $0
  • Other: $0
Patrick Watson (President Ngaga)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Morris (President Elect Eangga)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Dennis (Trustee)
  • Compensation: $800
  • Related: $0
  • Other: $0
David Harper (Executive Director Of Eang)
  • Compensation: $6,400
  • Related: $0
  • Other: $0
Jackie Mckennie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meara Brown (President Eangga)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Carlisle (Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Corish Jr (Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Neely (Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Robinson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jermiah Laxson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Yokley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kris Marshall (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ggit.org

Where can I find the form 990 for Georgia Guard Insurance Trust?

Georgia Guard Insurance Trust's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.ggit.org

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

Mission Statement of Georgia Guard Insurance Trust

The Georgia Guard Insurance Trust, a notable organization, was established with a specific purpose: to provide group life insurance coverage for members and former members of the Georgia National Guard. This mission is rooted in the understanding of the unique needs and circumstances of those who serve in the National Guard, offering them a sense of security and peace of mind. Beyond life insurance, the Trust also extends its coverage to dental benefits, further bolstering the overall well-being of its members and former members. The Trust's mission is a testament to its commitment to supporting the Georgia National Guard community, providing them with essential insurance protection during their service and beyond.

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Impact




October, 2024

Georgia Guard Insurance Trust plays a crucial role in supporting members and former members of the Georgia National Guard by providing essential group life insurance and dental coverage. By offering these critical benefits, the trust ensures that service members and their families have access to financial protection during times of need, thereby enhancing their overall well-being and peace of mind. This support fosters a sense of security within the military community, recognizing the sacrifices made by individuals who serve in the National Guard. Additionally, the trust's presence in Rome, GA, emphasizes its commitment to serving local personnel, reinforcing bonds within the community and promoting mutual benefit amongst its members.




This information is meant to be a general summary of Georgia Guard Insurance Trust. 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
$618,664 (2023)
Expenses
$626,722 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $17,881
  • Program Service Revenue: $600,783
  • Gross Receipts: $618,664

Assets and Liabilities:

  • Total Assets: $655,646
  • Total Liabilities: $53,783
  • Net Assets: $601,863

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Programs

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

INSURANCE PREMIUMS

Revenue

$600,783

Organization Details

Founding Year

1984

Principal Officer

Marshall Kennemer

NTEE Category

Code: Y20 - Mutual benefit

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