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NAMIC MUTUAL INSURANCE FOUNDATION

INDIANAPOLIS, Indiana, 46268

EIN: 82-2815065

Educational Institutions and Related Activities

MISSION

The exempt purpose of the foundation is to award scholarships to students enrolled in risk management and insurance programs at colleges and universities in the United States.

 FORM 1023-EZ for NAMIC MUTUAL INSURANCE FOUNDATION

DEMOGRAPHIC

ADDRESS
3601 VINCENNES RD
46268
COUNTY
marion county, IN

ORGANIZATIONAL OVERVIEW & RANKINGS

NAMIC MUTUAL INSURANCE FOUNDATION is a based in INDIANAPOLIS, IN, focused on Educational Institutions and Related Activities causes , specifically Scholarships, Student Financial Aid Services, Awards. Established in February 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $498,074.00, this ranks 292,975 among 2,656,690 nonprofits nationally (Top 12%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 5,983 out of 59,590 organizations in IN (Top 11%).

In marion county, IN, the organization ranks 1,381 out of 11,439 nonprofits by assets (Top 13%), while locally in indianapolis, it stands at 1,385 among 11,342 organizations (Top 13%).

The organization reported annual revenue of $388,540.00, ranking 208,823 nationally (Top 8%) and 4,368 in IN (Top 8%).

Within its specific NTEE classification (B82 - B: Educational Institutions and Related Activities), which includes 31,922 similar organizations, NAMIC MUTUAL INSURANCE FOUNDATION ranks 2,889 in assets (Top 10%) and 937 in revenue (Top 3%).

The organization files a 990 (all other) or 990EZ return and operates on a March fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
B: Educational Institutions and Related Activities
NTEE CODE
B82: Scholarships, Student Financial Aid Services, Awards
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
04/2023
ACCOUNTING PERIOD
04
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$388,540.00
FORM 990 REVENUE AMOUNT
$388,540.00
RULING DATE
02/2018
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$498,074.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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