Nonprofit · EIN 26-2707064
ALABAMA INSURANCE & RISK MANAGEMENT EDUCATION FOUNDATION
Tax-exempt · FOLEY, AL 36536
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $125,875 | $130,056 | -$4,181 | $240,757 | $13,775 | $226,982 |
| December 31, 2023 | 990-EZ | $139,730 | $102,933 | $36,797 | $233,138 | $1,975 | $231,163 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $98,000
- Membership dues
- $5,100
- Program service revenue
- $22,775
Expenses
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $130,056
- Program services (functional)
- $81,343
Balance sheet and other
- Total assets, start of year
- $233,138
- Total assets, end of year
- $240,757
- Total liabilities, end of year
- $13,775
- Net assets, end of year
- $226,982
- Cash, savings and investments
- $194,416
- Gross receipts
- $125,875
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JACK BRUNSON | BOARD MEMBER | 0.5 | $0 |
| JIMMY DILL | BOARD MEMBER | 0.5 | $0 |
| JIM PRIESTER | BOARD MEMBER | 0.5 | $0 |
| BILL RABEL | BOARD MEMBER | 0.5 | $0 |
| DON CURTIN | BOARD MEMBER | 0.5 | $0 |
| C DENNIS HUGHES | CHAIRMAN | 0.5 | $0 |
| KEVIN RUSSELL | TREASURER | 0.5 | $0 |
| MARY JACKA HALL | PRESIDENT | 0.5 | $0 |
990-EZ for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JACK BRUNSON | BOARD MEMBER | 0.5 | $0 |
| JIMMY DILL | BOARD MEMBER | 0.5 | $0 |
| JIM PRIESTER | BOARD MEMBER | 0.5 | $0 |
| BILL RABEL | BOARD MEMBER | 0.5 | $0 |
| DON CURTIN | BOARD MEMBER | 0.5 | $0 |
| C DENNIS HUGHES | CHAIRMAN | 0.5 | $0 |
| KEVIN RUSSELL | TREASURER | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 610, FOLEY, AL 36536-0610
- In care of
- % WILLIAM H RABEL
- Mailing address (990-N for 2015)
- Box 870224, Tuscaloosa AL 35487
- Principal officer (990-N for 2015)
- William Rabel, Box 870224, Tuscaloosa AL 35487
- Signed the 990-EZ
- KEVIN RUSSELL, TREASURER
- Phone
- (251) 943-8526
- Return prepared by
- WARREN AVERETT LLC
Mission
TO PROVIDE VALUABLE INSURANCE INFORMATION TO PROFESSIONALS IN OUR AREA.
Program accomplishments
- THE FOUNDATION'S ANNUAL ALABAMA INSURANCE DAY (I-DAY) PROVIDES THE LATEST INFORMATION AND EDUCATION PERTINENT TO THE INSURANCE INDUSTRY. ANY PROFITS FROM THE EVENT PROVIDE SCHOLARSHIPS AND OTHER BENEFITS TO STUDENTS ENROLLED IN INSURANCE & FINANCIAL SERVICES, RISK MANAGEMENT, AND ACTUARIAL SCIENCE PROGRAMS AT THE UNIVERSITY OF ALABAMA.Expenses $81,343
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 26-2707064
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $240,757
- Income (IRS master file)
- $125,875
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $125,875 | $130,056 | $240,757 | XML |
| 990-EZ | December 2023 | $139,730 | $102,933 | $233,138 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-EZ | December 2017 | – | – | – | IRS |
| 990-N for 2015 Officer: William Rabel | December 31, 2015 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-2707064).
Questions about ALABAMA INSURANCE & RISK MANAGEMENT EDUCATION FOUNDATION
- What is the EIN of ALABAMA INSURANCE & RISK MANAGEMENT EDUCATION FOUNDATION?
- The employer identification number (EIN) of ALABAMA INSURANCE & RISK MANAGEMENT EDUCATION FOUNDATION is 26-2707064.
- Is ALABAMA INSURANCE & RISK MANAGEMENT EDUCATION FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to ALABAMA INSURANCE & RISK MANAGEMENT EDUCATION FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ALABAMA INSURANCE & RISK MANAGEMENT EDUCATION FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ALABAMA INSURANCE & RISK MANAGEMENT EDUCATION FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ALABAMA INSURANCE & RISK MANAGEMENT EDUCATION FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of ALABAMA INSURANCE & RISK MANAGEMENT EDUCATION FOUNDATION?
- The 990-N for 2015 names William Rabel.
- Who are the officers and directors of ALABAMA INSURANCE & RISK MANAGEMENT EDUCATION FOUNDATION?
- The 990-EZ for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does ALABAMA INSURANCE & RISK MANAGEMENT EDUCATION FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $125,875, expenses of $130,056 and total assets of $240,757 at year end.
Other nonprofits in FOLEY
- SNOOK CHRISTIAN ACADEMY EIN 02-0776039 · last filed 990 for 2025
- SOUTH BALDWIN LITERACY COUNCIL EIN 63-1151156 · last filed 990 for 2025
- SOUTH BALDWIN EDUCATIONAL FOUNDATION INC EIN 63-0983840 · last filed 990 for 2025
- FRIENDS OF THE FOLEY PUBLIC LIBRARY INC EIN 63-1242853 · last filed 990-N for 2025
- WORKFORCE HOUSING ALLIANCE US INC EIN 27-0696816 · last filed 990-N for 2025
- CEP CONSULTING EIN 82-1437662 · last filed 990-N for 2023
- BIG FISH MINISTRIES EIN 46-5234580 · last filed 990 for 2024
- SOUTH BALDWIN COUNTY HOSPITAL CORP EIN 63-6004953 · last filed 990 for 2025