Form 990 for tax year 2024
Filed by INTERNATIONAL CENTER FOR CAPTIVE INSURANCE EDUCATION INC.
Totals
- Total revenue
- $640,024
- Total expenses
- $505,552
- Contributions and grants received
- $162,040
- Grants paid
- $0
- Program service revenue
- $466,992
- Investment income
- $9,762
- Other revenue
- $1,230
- Total assets, end of year
- $542,933
- Total liabilities, end of year
- $172,369
- Net assets or fund balances, end of year
- $370,564
- Program services expenses (Part IX)
- $298,834
- Management and general expenses
- $122,251
- Fundraising expenses
- $84,467
- Program service expenses (Part III)
- $298,834
Program services were 59.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$620
-
1e · Government grants (contributions)
$2,000
-
1f · All other contributions, gifts and grants
$159,420
-
1g · Noncash contributions included above
$9,545
-
2a · Program service revenue: TUITION AND FEES
total $466,992 · related or exempt $466,992
-
3 · Investment income
total $9,762 · related or exempt $9,762
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$1,230
-
8c · Net income from fundraising events
total $1,230 · excluded $1,230
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $212,144 · program services $116,679 · management and general $53,036 · fundraising $42,429
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $71,789 · program services $39,484 · management and general $17,947 · fundraising $14,358
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $48,269 · program services $26,548 · management and general $12,067 · fundraising $9,654
-
10 · Payroll taxes
total $19,675 · program services $10,821 · management and general $4,919 · fundraising $3,935
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $12,075 · program services $1,960 · management and general $10,115
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $7,727 · program services $4,250 · management and general $1,932 · fundraising $1,545
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $11,735 · program services $6,454 · management and general $2,934 · fundraising $2,347
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $35,555 · program services $35,555
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $3,447 · program services $1,896 · management and general $862 · fundraising $689
-
24a · Other expenses: MARKETING
total $26,739 · program services $14,706 · management and general $6,685 · fundraising $5,348
-
24b · Other expenses: BANK & CREDIT CARD FEES
total $21,844 · program services $15,291 · management and general $6,553
-
24c · Other expenses: COURSE DEVELOPMENT
total $13,745 · program services $13,745
-
24d · Other expenses: CONTRACT SERVICES
total $10,776 · program services $5,927 · management and general $2,694 · fundraising $2,155
-
24e · All other expenses
total $10,032 · program services $5,518 · management and general $2,507 · fundraising $2,007
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $345,355 · end of year $452,041
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
beginning of year $5,437 · end of year $2,237
-
4 · Accounts receivable
beginning of year $12,338 · end of year $41,018
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $7,171 · end of year $20,621
-
10a · Land, buildings and equipment: cost or other basis
$50,695
-
10b · Land, buildings and equipment: accumulated depreciation
$49,462
-
10c · Land, buildings and equipment, net
beginning of year $1,233 · end of year $1,233
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $25,783 · end of year $25,783
-
17 · Accounts payable and accrued expenses
beginning of year $6,585 · end of year $14,354
-
19 · Deferred revenue
beginning of year $113,787 · end of year $117,161
-
25 · Other liabilities
beginning of year $40,854 · end of year $40,854
-
27 · Net assets without donor restrictions
beginning of year $232,341 · end of year $366,814
-
28 · Net assets with donor restrictions
beginning of year $3,750 · end of year $3,750
Mission and programs · 2024
Mission
TO BE THE PREMIER PROVIDER OF CAPTIVE INSURANCE EDUCATION AND TO OFFER THE PREEMINENT PROFESSIONAL DESIGNATION IN CAPTIVE INSURANCE.
-
THE ORGANIZATION FACILITATES A COMPREHENSIVE EDUCATION PROGRAM IN THE CAPTIVE INSURANCE INDUSTRY. HUNDREDS OF STUDENTS PARTICIPATE IN ON-LINE AND TELECONFERENCE COURSES EACH YEAR. THE ORGANIZATION OFFERS ASSOCIATES IN CAPTIVE INSURANCE (ACI) CERTIFICATION COURSE, NON CERTIFICATE COURSE, AND POST ACI COURSE.
Expenses $298,834 · Grants $2,000 · Revenue $466,992
As filed on the 2024 return.
Listed in Part VII
-
Mitch CantorMITCH CANTOR
EXECUTIVE DIREC
- Total calculated
- $212,144
- From this org
- $212,144
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $212,144
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $212,144
-
Tim AndrewTIM ANDREW
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jim BulkowskiJIM BULKOWSKI
Director
- Total calculated
- $0
- Hours/week
- 1
-
Colin RobinsonCOLIN ROBINSON
Director
- Total calculated
- $0
- Hours/week
- 1
-
Chris MandelCHRIS MANDEL
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jason OswaldJASON OSWALD
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jerry MessickJERRY MESSICK
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jason PalmerJASON PALMER
Director
- Total calculated
- $0
- Hours/week
- 1
-
Paul ArboPAUL ARBO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bruce WhitmoreBRUCE WHITMORE
Director
- Total calculated
- $0
- Hours/week
- 1
-
Brenda PickeringBRENDA PICKERING
Director
- Total calculated
- $0
- Hours/week
- 1
-
Joanne ShaverJOANNE SHAVER
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ben WhitehouseBEN WHITEHOUSE
President
- Total calculated
- $0
- Hours/week
- 1
-
Dennis SilviaDENNIS SILVIA
Director
- Total calculated
- $0
- Hours/week
- 1
-
Carl TerzerCARL TERZER
Director
- Total calculated
- $0
- Hours/week
- 1
-
Hartley Hartman
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Joe Holahan
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Sherry Ricker
Director
- Total calculated
- $0
- Hours/week
- 1
-
Anne Marie Towle
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Dan TowleDAN TOWLE
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mark WeidermannMARK WEIDERMANN
Director
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 12 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543169349303294
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