National Alliance Of Nonprofits For Insurance Inc

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

EIN: 061555321 ✦ Santa cruz, CA ✦ Designated as a 501(c)(3)

Overview

What is National Alliance Of Nonprofits For Insurance Inc?

The National Alliance of Nonprofits for Insurance Inc, commonly known as NANI, is a charitable risk pool based in Santa Cruz, California. Their primary mission is to support the members of the Alliance of Nonprofits for Insurance Risk Retention Group (ANI-RRG) and the Nonprofits Insurance Alliance of California (NIAC) by providing them with reinsurance. This enables these organizations to offer affordable, specialized, and stable insurance coverages to other 501(C)(3) nonprofit organizations. NANI's goal is to help these nonprofits minimize accidents and injuries during their service delivery, ensuring they can effectively and efficiently meet community needs.


Official website here: www.insurancefornonprofits.org

Is National Alliance Of Nonprofits For Insurance Inc legitimate?

National Alliance Of Nonprofits For Insurance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Alliance Of Nonprofits For Insurance Inc 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.

Here 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.insurancefornonprofits.org

What is the mission statement of National Alliance Of Nonprofits For Insurance Inc?

The National Alliance of Nonprofits for Insurance (NANI) serves as a charitable risk pool, offering reinsurance support to the Alliance of Nonprofits for Insurance Risk Retention Group (ANI-RRG) and Nonprofits Insurance Alliance of California (NIAC). Their primary objective is to help these organizations fulfill their missions of providing affordable, suitable, steady, and specialized insurance coverage to other 501(c)(3) nonprofit organizations. Furthermore, NANI develops and delivers training and products to assist these nonprofits in delivering their services effectively and efficiently while reducing the frequency and severity of accidents and injuries during service delivery to communities.


Official website here: www.insurancefornonprofits.org

Who is the CEO of National Alliance Of Nonprofits For Insurance Inc?

Pamela Davis is the President of National Alliance Of Nonprofits For Insurance Inc.


Official website here: www.insurancefornonprofits.org

What is the revenue of National Alliance Of Nonprofits For Insurance Inc?

National Alliance Of Nonprofits For Insurance Inc's revenue in 2022 was $13,548,430.


Official website here: www.insurancefornonprofits.org

Who are the executives of National Alliance Of Nonprofits For Insurance Inc and what are their salaries?

Here are 12 key members and their salaries:

    Pamela Davis (President) [Trustee/Director]
  • Compensation: $0
  • Related: $504,278
  • Other: $27,360

    • Kim Aday (Cfo, Treasurer)
  • Compensation: $0
  • Related: $358,962
  • Other: $31,363

    • Stephen Sumner (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tammy Wilson (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Avnish Gupta (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Kenneson (Assistant Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pam Alvarez (Director (To Feb '22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rhonda Gillenwaters (Director (To Feb '22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann Marie Gothard (Director (From Feb '22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward Haik (Director (From Feb '22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martha Marcon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sam Schultz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.insurancefornonprofits.org

    Where can I find the form 990 for National Alliance Of Nonprofits For Insurance Inc?

    The National Alliance Of Nonprofits For Insurance Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.insurancefornonprofits.org

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

    Mission Statement of National Alliance Of Nonprofits For Insurance Inc

    The National Alliance of Nonprofits for Insurance, or NANI, serves as a charitable risk pool with a noble mission. By providing reinsurance support to the Alliance of Nonprofits for Insurance Risk Retention Group (ANI-RRG) and the Nonprofits Insurance Alliance of California (NIAC), NANI enables these organizations to offer affordable, suitable, stable, and specialized insurance coverages to over 501(c)(3) nonprofit organizations. The primary goal is to help these nonprofits effectively and efficiently deliver their services while minimizing the frequency and severity of accidents and injuries to others in the community.

    In simple terms, NANI acts as a safety net for various nonprofit organizations, shielding them from substantial financial risks. This protection allows these organizations to focus on their missions, which range from education and health to social services and the arts, without being unduly burdened by insurance-related concerns. NANI's efforts not only ensure the financial sustainability of its member nonprofits but also contribute to the well-being of the communities they serve.

    Furthermore, NANI goes beyond insurance coverage, offering training and products to its members. These resources empower nonprofits to enhance their operations and better serve their clients, ultimately leading to improved outcomes for those in need. NANI's commitment to the nonprofit sector extends beyond financial support, making it an invaluable partner in the pursuit of positive change and community betterment.

    Impact

    This information is meant to be a general summary of National Alliance Of Nonprofits For Insurance Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    National Alliance Of Nonprofits For Insurance Inc has a significant impact on the nonprofit sector by providing a stable and reasonably priced source of liability coverage to IRS 501(c)(3) organizations. Through its charitable risk pool operation, the organization supports its members in fulfilling their missions to provide specialized insurance coverages to other nonprofits. This enables these organizations to deliver their services effectively and efficiently while minimizing risks and ensuring the safety of their communities. In essence, National Alliance Of Nonprofits For Insurance Inc plays a crucial role in facilitating the work of nonprofits by offering essential insurance support and training opportunities.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $259,875
  • Program Service Revenue: $13,288,555
  • Gross Receipts: $17,202,216

    • Assets and Liabilities:
  • Total Assets: $31,792,875
  • Total Liabilities: $12,700,511
  • Net Assets: $19,092,364
  • Programs

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

    NET EARNED PREMIUMS

    Revenue

    $13,288,555

    Organization Details

    Founding Year

    1999

    Principal Officer

    Pamela Davis

    Main Address

    PO BOX 8507, SANTA CRUZ, CA, 950618507

    NTEE Category

    Code: Y20 - Mutual benefit

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