NonprofitsInsurance Library Association

Insurance Library Association

BOSTON, MA

Total revenue

$645K

Total expenses

$623K

Net assets

$2.3M

Grants received

$177K

14 grants

EIN

042104331

Tax year

2023

Mission

The library serves the insurance, risk management, and legal communities, and the public, by providing insurance-related research resources and services, professional education, and engagement events.

Programs

3 programs

Library resources and services:the library has a comprehensive and unique collection of print and digital insurance-related materials, including current and historic insurance policies and forms, journals and other periodicals, legal treatises, government reports, financial and statistical information, and a collection of sanborn maps. These materials are used for research services provided by the library and are available for research by library members and members of the public. The library also has a collection of insurance memorabilia that reflects the history of insurance.

Expenses: $114K

Engagement:the library provides unique opportunities for members of the insurance, risk management, and legal communities, and the public, to come together for networking or other engagement, to share and discuss topics of interest, and to recognize accomplishments. These opportunities include an insurance professional of the year award and event, virtual lunch and learn programs, an annual award for community or customer service, a scavenger hunt that fosters team building, interaction with colleagues, an opportunity to learn the history of insurance in boston and a summer intern program for summer interns or early career professional at member organizations.

Miscellaneous

Financials

FY 2023

Revenue

Contributions & grants$323K
Program service revenue$88K
Investment income$83K
Other revenue$151K
Total revenue$645K

Expenses

Grants paid
Salaries & benefits$360K
Fundraising$131K
Other expenses$263K
Total expenses$623K
Total assets$2.4M
Net assets$2.3M

People

23 listed

NameRoleCompensation

MICHAEL WEINBERG

TRUSTEE

Board

1 hrs/wk

NANCY D ADAMS

COUNSEL & TRUSTEE

Board

1 hrs/wk

D PETER BRENNAN

TREASURER & TRUSTEE

Board

1 hrs/wk

ERIN CUMMINGS

TRUSTEE

Board

1 hrs/wk

CHRISTOPHER F SCHENCK

TRUSTEE

Board

1 hrs/wk

ANN LAMSON

TRUSTEE, 2ND VICE PRES.

Board

1 hrs/wk

LESLIE EMACK

TRUSTEE,

Board

1 hrs/wk

MEREDITH MANGAN

TRUSTEE, PAST PRESIDENT

Board

1 hrs/wk

ANDREW DRAYER

TRUSTEE

Board

1 hrs/wk

SHAUN PT FARLEY

TRUSTEE

Board

1 hrs/wk

SONYA ROSS

TRUSTEE, PRES. & BD. CHAIR

Board

1 hrs/wk

GEORGE M MURPHY

TRUSTEE

Board

1 hrs/wk

EDWARD DONAHUE

TRUSTEE, FIRST VICE PRES.

Board

1 hrs/wk

CHARLES C HEWITT III

TRUSTEE

Board

1 hrs/wk

MICHAEL ALBERT

TRUSTEE

Board

1 hrs/wk

AMY DIPERNA

TRUSTEE

Board

1 hrs/wk

KEVIN J RAUSCH

TRUSTEE

Board

1 hrs/wk

KRISTINE BELL

TRUSTEE

Board

1 hrs/wk

CHARLES J BROPHY

TRUSTEE

Board

1 hrs/wk

HENRY DOMINIONI

TRUSTEE

Board

1 hrs/wk

JOSIAH P HATCH

TRUSTEE

Board

1 hrs/wk

GREG HUNTER

TRUSTEE

Board

1 hrs/wk

MICHAEL PEZZA

EX DIR/CLERK/SECRETARY

Staff

35 hrs/wk

Grants received

Showing 14 of 14

FromAmountPurposeYear
$15K
General & Unrestricted
2024
$15K
For grant recipient's exempt purposes
2023
$15K
The 2023 Annual Fund
2023
$15K
General & Unrestricted
2023
$20K
For grant recipient's exempt purposes
2022
$16K
For grant recipient's exempt purposes
2021
$16K
For grant recipient's exempt purposes
2021
$21K
UNRESTRICTED OPERATING FUNDS
2020
$13K
For grant recipient's exempt purposes
2020
$7K
For grant recipient's exempt purposes
2018
$7K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$177K from 6 funders · 14 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$94K · 7 grants · 2017–2023

The Andover Companies Charitable Foundation

$30K · 2 grants · 2023–2024

Arbella Insurance Foundation

$21K · 1 grant · 2020

Salem Five Charitable Foundation Inc

$2K · 2 grants · 2021–2022

Details

EIN042104331
Subsection03
Ruling date1994-04
Formed1887
Employees3
Volunteers0