Overview
What is Namic Mutual Insurance Foundation?
The Namic Mutual Insurance Foundation is a charitable organization, established with the primary objective of promoting public understanding of mutual insurance concepts and the broader insurance industry. By providing financial assistance through grants, gifts, or contributions, the foundation supports worthy students pursuing education in risk management and insurance. This nonprofit is dedicated to nurturing the growth and vitality of the mutual insurance sector, operating with a focus on educational purposes.
Official website here: www.namicmutualfoundation.org
Is Namic Mutual Insurance Foundation legitimate?
Namic Mutual Insurance Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Namic Mutual Insurance Foundation 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.namicmutualfoundation.org
What is the mission statement of Namic Mutual Insurance Foundation?
The Namic Mutual Insurance Foundation's mission is centered around promoting public understanding of mutual insurance concepts and the wider insurance industry. They aim to achieve this mission by providing financial aid to educational institutions that train students in risk management and insurance. The foundation is organized for charitable and educational purposes, with the primary objective of supporting the growth of a robust and thriving mutual insurance sector. They accomplish this by offering grants, gifts, or contributions to deserving students pursuing related studies.
Official website here: www.namicmutualfoundation.org
What is the revenue of Namic Mutual Insurance Foundation?
Namic Mutual Insurance Foundation's revenue in 2024 was $131,399.
Official website here: www.namicmutualfoundation.org
Who are the executives of Namic Mutual Insurance Foundation and what are their salaries?
There 9 volunteers at Namic Mutual Insurance Foundation.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $339,325
- Other: $41,231
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Related: $1,144,657
- Other: $59,725
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.namicmutualfoundation.org
Where can I find the form 990 for Namic Mutual Insurance Foundation?
Namic Mutual Insurance Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.namicmutualfoundation.org
Learn more at the official website: www.namicmutualfoundation.org
Mission Statement of Namic Mutual Insurance Foundation
The Namic Mutual Insurance Foundation, established with charitable and educational intentions, is dedicated to advancing public understanding of mutual insurance concepts and the broader insurance industry. Its primary objective is to support educational institutions and worthy students pursuing training in risk management and insurance. By making grants, gifts, or contributions in various forms, the foundation aims to contribute to the growth and vitality of the mutual insurance sector. The Namic Mutual Insurance Foundation operates with a mission to foster a robust and invigorated mutual insurance industry, recognizing the importance of nurturing talent in this field.
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Impact
October, 2024
The Namic Mutual Insurance Foundation plays a crucial role in enhancing public understanding of mutual insurance concepts and the broader insurance industry. By focusing on education, the foundation supports schools, colleges, and universities through financial assistance, enabling students to pursue training in risk management and insurance. This commitment not only equips the next generation with essential skills but also promotes the growth of a robust mutual insurance sector. Through its initiatives, the foundation fosters awareness and knowledge, ensuring the sustainable development of an industry that is vital for economic stability and protection.
This information is meant to be a general summary of Namic Mutual Insurance Foundation. 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 2024.
- Gross Receipts: $131,399
Assets and Liabilities:
- Total Assets: $265,448
- Total Liabilities: $0
- Net Assets: $265,448
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Organization Details
Principal Officer
Sarah Schnettler
NTEE Category
Code: B82 - Education
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