Overview
What is National Guard Association Of Alabama Group Insurance Trust?
The National Guard Association of Alabama Group Insurance Trust is a nonprofit organization situated in Birmingham, Alabama. Their primary mission is to offer life insurance coverage to members of the Alabama National Guard who opt to join their insurance program. With a staff of three dedicated individuals, they provide this essential service, ensuring financial security for the guard members and their families.
Is National Guard Association Of Alabama Group Insurance Trust legitimate?
National Guard Association Of Alabama Group Insurance Trust is a legitimate nonprofit organization registered as a 501(c)(19) entity. National Guard Association Of Alabama Group 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: $75,857
Professional Fundraising Fees: $0
Other Salaries and Wages: $114,412
For more financial information, click here
What is the mission statement of National Guard Association Of Alabama Group Insurance Trust?
The National Guard Association of Alabama Group Insurance Trust is committed to offering life insurance coverage to those who choose to become insured among the members of the Alabama National Guard. This organization's primary mission is centered around providing this essential protection to its members. By electing to join, members can secure life insurance coverage through this trust, ensuring financial security and peace of mind for themselves and their loved ones. The trust serves as a vital resource for National Guard members in Alabama, assisting them in managing the risks associated with their service.
Who is the CEO of National Guard Association Of Alabama Group Insurance Trust?
Joseph R Stone is the Secretary of National Guard Association Of Alabama Group Insurance Trust.
What is the revenue of National Guard Association Of Alabama Group Insurance Trust?
National Guard Association Of Alabama Group Insurance Trust's revenue in 2022 was $1,912,682.
Who are the executives of National Guard Association Of Alabama Group Insurance Trust and what are their salaries?
The average compensation at National Guard Association Of Alabama Group Insurance Trust during 2022 was $63,423. There are 3 employees at National Guard Association Of Alabama Group Insurance Trust.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $71,982
- Related: $0
- Other: $7,198
Where can I find the form 990 for National Guard Association Of Alabama Group Insurance Trust?
National Guard Association Of Alabama Group Insurance Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of National Guard Association Of Alabama Group Insurance Trust
The National Guard Association of Alabama Group Insurance Trust is dedicated to offering life insurance coverage as an option to its members hailing from the Alabama National Guard. This nonprofit organization's mission is centered around providing this crucial insurance coverage to those who choose to become insured within their ranks. By doing so, the National Guard Association of Alabama Group Insurance Trust aims to offer a sense of security and peace of mind to its members, ensuring that they and their families are protected in the event of unforeseen circumstances.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The National Guard Association of Alabama Group Insurance Trust plays a significant role in supporting members of the Alabama National Guard by providing essential life insurance coverage. This coverage offers financial protection and peace of mind to service members and their families, ensuring they are supported in times of need. By facilitating access to affordable and reliable insurance options, the Trust enhances the overall well-being of guardsmen and their dependents.
The Trust's focus on mutual benefit fosters a sense of community among members, as they benefit not only from the financial safety net but also from the camaraderie that comes with being part of a dedicated group. This initiative ultimately strengthens the stability of the Alabama National Guard, affirming the commitment to those who serve and the families who support them.
This information is meant to be a general summary of National Guard Association Of Alabama Group 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,884
- Program Service Revenue: $1,909,589
- Gross Receipts: $1,932,986
Assets and Liabilities:
- Total Assets: $1,602,134
- Total Liabilities: $59,886
- Net Assets: $1,542,248
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Insurance premiums
Revenue
$1,104,113
Claims reimbursed
Revenue
$747,048
Experience refund
Revenue
$33,624
Commission income
Revenue
$24,792
Rent income
Revenue
$12
Organization Details
Founding Year
1963
Phone
(205) 836-9997Principal Officer
Joseph R Stone
Main Address
6900 43rd Ave N 100, Birmingham, AL, 352064197
NTEE Category
Code: Y20 - Mutual benefit
If you are a representative of National Guard Association Of Alabama Group Insurance Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.