Southeastern Indiana School Insurance Trust

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

EIN: 853886329 ✦ Rising sun, IN ✦ Designated as a 501(c)(9)

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Overview

What is Southeastern Indiana School Insurance Trust?

The Southeastern Indiana School Insurance Trust is a nonprofit organization based in Rising Sun, Indiana, with an address at 110 S Henrietta St, ZIP code 47040. Their primary mission is to offer medical, prescription drug, dental, and vision benefits to the employees of 14 Indiana school corporations and one related entity. The Trust provides essential health services and coverage, ensuring the wellbeing of the workforce within the educational sector in Indiana.

What are the reviews and ratings of this charity?

The Southeastern Indiana School Insurance Trust is currently not rated by Charity Navigator. The organization does not meet the 501(c)(3) IRS registration requirement necessary for a formal rating, which means key evaluation criteria related to Accountability & Finance, Impact & Measurement, Culture & Community, and Leadership & Adaptability are not applicable.

The lack of a rating from Charity Navigator should not be interpreted as either positive or negative. Because it is an independent organization, there is limited publicly available data regarding its operations, including revenue and expense reports or key personnel salaries.

User reviews from GreatNonprofits are also unavailable, leaving a gap in community feedback. Without detailed information or direct testimonials, a comprehensive evaluation of the organization's performance and stakeholder satisfaction is elusive.


This AI summary has been generated from information found on Charity Navigator.

Is Southeastern Indiana School Insurance Trust legitimate?

Southeastern Indiana School Insurance Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Southeastern Indiana School 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Southeastern Indiana School Insurance Trust?

The Southeastern Indiana School Insurance Trust is dedicated to extending medical, prescription drug, dental, and vision benefits to the employees of 15 educational institutions in Indiana. By providing these essential health services, the Trust aims to ensure the wellbeing and peace of mind of the employees, enabling them to focus on their duties within the educational sector. The organization's primary objective is to maintain a comprehensive healthcare program tailored to the needs of these institutions and their staff members. The Trust's commitment to offering a comprehensive range of benefits underscores its dedication to the welfare and long-term health of the employees it serves.

What is the revenue of Southeastern Indiana School Insurance Trust?

Southeastern Indiana School Insurance Trust's revenue in 2023 was $26,890,354.

Who are the executives of Southeastern Indiana School Insurance Trust and what are their salaries?

Here are 29 key members and their salaries:


Karl Galey (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Rodgers (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Smith (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Ketcham (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrick Cox (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Yoder (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent Gish (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherry Brewer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Unsicker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annette Pindell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Johnson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Schneider (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Lorton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Hartman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Brewer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
April Vater (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Jameson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Duncan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Lows (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Geisting (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Moorhead (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Comer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Marshall (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Grossman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Jackson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Stonefield (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Hite (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Curlin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Braden Roeder (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Southeastern Indiana School Insurance Trust?

Southeastern Indiana School Insurance Trust's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Southeastern Indiana School Insurance Trust

The Southeastern Indiana School Insurance Trust, a notable organization, is committed to extending medical, prescription drug, dental, and vision benefits to the employees of 14 Indiana school corporations and one related entity. This mission is aimed at ensuring the wellbeing of these employees by providing them with essential health services.

By delivering these vital benefits, the Southeastern Indiana School Insurance Trust plays a significant role in supporting the health and welfare of its members. The organization's focus on medical coverage offers access to necessary healthcare services, allowing employees to address their health concerns promptly and effectively. Prescription drug coverage ensures that necessary medications are within reach, while dental and vision benefits promote overall wellness and good health.

The Southeastern Indiana School Insurance Trust's dedication to providing comprehensive health benefits to its members underscores its commitment to the educational community in Indiana. Through its essential offerings, the organization enables the employees of the 14 school corporations and the related entity to maintain their health, focus on their work, and contribute to the continued success of the educational institutions they serve.

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Impact




October, 2024

Southeastern Indiana School Insurance Trust plays a crucial role in supporting the health and well-being of employees within 14 Indiana school corporations and one related entity by providing essential medical, prescription drug, dental, and vision benefits. This support not only enhances the quality of life for educators and staff but also contributes to a healthier work environment, thereby promoting employee satisfaction and retention.

By ensuring access to comprehensive healthcare services, the Trust directly impacts the effectiveness and morale of the educational workforce in the region. This, in turn, benefits the students and communities served by these schools, as healthier employees are better equipped to focus on their vital roles in education. Furthermore, by pooling resources among multiple school corporations, the Southeast Indiana School Insurance Trust fosters a sense of community and collaboration among the districts, creating a robust support network in the education sector.




This information is meant to be a general summary of Southeastern Indiana School 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
$26,890,354 (2023)
Expenses
$24,925,918 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $466,378
  • Program Service Revenue: $26,423,976
  • Gross Receipts: $26,890,354

Assets and Liabilities:

  • Total Assets: $11,882,071
  • Total Liabilities: $4,563,484
  • Net Assets: $7,318,587

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Programs

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

MEMBER CONTRIBUTIONS

Revenue

$26,423,976

Organization Details

Founding Year

2020

Principal Officer

Karl Galey

NTEE Category

Code: Y43 - Mutual benefit

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