NonprofitsNational Guard Association Of Alabama Group Insurance Trust

National Guard Association Of Alabama Group Insurance Trust

BIRMINGHAM, AL

Total revenue

$1.6M

Total expenses

$1.7M

Net assets

$1.5M

Grants received

EIN

630476659

Tax year

2023

Mission

To provide life insurance coverage to members of the Alabama National Guard who elect to To provide life insurance coverage to members of the Alabama National Guard who elect to become insured.

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$1.6M
Investment income$40K
Other revenue$11
Total revenue$1.6M

Expenses

Grants paid
Salaries & benefits$232K
Fundraising
Other expenses$1.5M
Total expenses$1.7M
Total assets$1.5M
Net assets$1.5M

People

6 listed

NameRoleCompensation

Joseph R Stone

Administrator

Board

$75K

40 hrs/wk

Sylvester Cannon

Secretary

Board

0.5 hrs/wk

William Mims

Trustee

Board

0.5 hrs/wk

Mike Taylor

Vice-Chairman

Board

0.5 hrs/wk

Larry Adams

Treasurer

Board

0.5 hrs/wk

Robert A Rigsby

Chairman

Board

0.5 hrs/wk

Details

EIN630476659
Subsection19
Ruling date1968-12
Formed1963
Employees3
Volunteers0
NATIONAL GUARD ASSOCIATION OF ALABAMA GROUP INSURANCE TRUST — Mission, Financials & Grants Received | Grantivo