Overview
What is Nonprofit Insurance Trust Inc?
The Nonprofit Insurance Trust Inc is a Minnesota-based organization that specializes in administering self-insurance pools for nonprofit entities. With a focus on community-based rehabilitation facilities and employment training centers, the trust is home to a collective of organizations located in Lakeville. By overseeing self-insurance pools, the Nonprofit Insurance Trust enables nonprofits in Minnesota to manage their risks collectively and potentially save on insurance costs.
Official website here: www.nitmn.org
Is Nonprofit Insurance Trust Inc legitimate?
Nonprofit Insurance Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nonprofit Insurance Trust 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.nitmn.org
What is the mission statement of Nonprofit Insurance Trust Inc?
The Nonprofit Insurance Trust is a Minnesota-based organization committed to serving the insurance needs of nonprofit entities. Its primary focus lies in administering self-insurance pools, offering customized solutions to its member organizations. By pooling resources, these nonprofits can manage their risks collectively, thus reducing financial strain and ensuring stability. The Trust's mission underpins the belief that a strong insurance foundation allows nonprofits to devote more energy and resources to their core missions, ultimately benefiting the communities they serve.
Official website here: www.nitmn.org
Who is the CEO of Nonprofit Insurance Trust Inc?
What is the revenue of Nonprofit Insurance Trust Inc?
Nonprofit Insurance Trust Inc's revenue in 2022 was $17,278,123.
Official website here: www.nitmn.org
Who are the executives of Nonprofit Insurance Trust Inc and what are their salaries?
- Sarah Ackerman (Chair) [Trustee/Director]
- Jim Bettendorf (Vice Chair) [Trustee/Director]
- Laura Purfeerst (Treasurer) [Trustee/Director]
- Kris Solz (Secretary) [Trustee/Director]
- Lynne Megan (Board Member) [Trustee/Director]
- Robert Pickering (Board Member) [Trustee/Director]
- Jeff Call (Board Member (Left Oct)) [Trustee/Director]
- Ashley Kjos (Board Member) [Trustee/Director]
- Tom Gillespie (Board Member) [Trustee/Director]
Official website here: www.nitmn.org
Where can I find the form 990 for Nonprofit Insurance Trust Inc?
The Nonprofit Insurance Trust Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.nitmn.org
Learn more at the official website: www.nitmn.org
Mission Statement of Nonprofit Insurance Trust Inc
The Nonprofit Insurance Trust, a Minnesota-based organization, is dedicated to administering self-insurance pools for various nonprofit organizations. Comprised of community-focused rehabilitation facilities and employment training centers, this reputable institution offers invaluable services to its members.
The Nonprofit Insurance Trust's mission lies in providing customized self-insurance solutions to nonprofits in Minnesota. By pooling resources, these organizations can collectively manage and mitigate their risks, ultimately leading to financial stability and peace of mind. Through the effective administration of these self-insurance pools, the Nonprofit Insurance Trust plays a significant role in supporting the crucial work of its member organizations.
These community-based rehabilitation facilities and employment training centers, which make up the Nonprofit Insurance Trust, are integral to the social fabric of Minnesota. By offering self-insurance solutions tailored to their unique needs, the Nonprofit Insurance Trust empowers these organizations to focus on their primary missions - enabling them to make a positive impact on the lives of countless individuals in their communities.
Impact
This information is meant to be a general summary of Nonprofit Insurance Trust Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Nonprofit Insurance Trust Inc, through administering self-insurance pools for nonprofit organizations in Minnesota, has positively impacted the community by providing vital insurance coverage tailored to the unique needs of community-based rehabilitation facilities and employment training facilities. By offering these organizations access to affordable and comprehensive insurance solutions, Nonprofit Insurance Trust Inc enables them to focus on their core mission of serving the community without the burden of navigating complex insurance options. This support contributes to the sustainability and growth of these nonprofit organizations, ultimately enhancing their ability to make a meaningful difference in the lives of individuals in Minnesota.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Premium Income
Revenue
$17,052,812
Organization Details
Founding Year
2009
Phone
(952) 469-5963
Principal Officer
Sarah Ackerman
Main Address
21034 Heron Way Ste 107, Lakeville, MN, 550440327
Website
www.nitmn.org
NTEE Category
Code: Y200 - Mutual benefit
If you are a representative of Nonprofit Insurance Trust Inc 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.