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NAMIC MUTUAL INSURANCE FOUNDATION

EIN 82-2815065 INDIANAPOLIS, IN

Revenue 2024
$381,075
Expenses 2024
$118,391

Program services were 89.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
B82
Classification
1200
Street
3601 VINCENNES RD

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

THE NAMIC MUTUAL INSURANCE FOUNDATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITH THE PRIMARY FOCUS TO HELP FOSTER THE CONTINUED GROWTH OF A STRONG AND INVIGORATED MUTUAL INSURANCE INDUSTRY.

Activities or mission (Part I)

THE NAMIC MUTUAL INSURANCE FOUNDATION, INC. IS ORGANIZED FOR CHARITABLE AND EDUCATIONAL PURPOSES. THE PRIMARY PURPOSE IS TO ADVANCE PUBLIC AWARENESS OF MUTUAL INSURANCE CONCEPTS AND THE INSURANCE INDUSTRY IN GENERAL; AND TO MAKE GRANTS, GIFTS OR CONTRIBUTIONS IN MONEY OR OTHER PROPERTY TO SCHOOLS, COLLEGES, UNIVERSITIES OR OTHER INSTITUTIONS OF LEARNING FOR FINANCIAL ASSISTANCE TO WORTHY STUDENTS TRAINING IN THE RISK MANAGEMENT AND INSURANCE INDUSTRY.

  • ADVANCE PUBLIC AWARENESS OF MUTUAL INSURANCE CONCEPTS AND THE INSURANCE INDUSTRY IN GENERAL; AND TO MAKE GRANTS, GIFTS OR CONTRIBUTIONS IN MONEY OR OTHER PROPERTY TO SCHOOLS, COLLEGES, UNIVERSITIES OR OTHER INSTITUTIONS OF LEARNING FOR FINANCIAL ASSISTANCE TO WORTHY STUDENTS ACQUIRING TRAINING IN THE RISK MANAGEMENT AND INSURANCE INDUSTRY.

    Expenses $106,000 · Grants $106,000

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • SARAH SCHNETTLER

    EXECUTIVE DI

    Total calculated
    $428,078
    From this org
    $0
    From related orgs
    $382,258
    Other
    $45,820
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    not reported + $285,336 related
    Bonus
    not reported + $93,975 related
    Other
    not reported + $2,947 related
    Deferred
    not reported + $21,588 related
    Nontaxable benefits
    not reported + $24,232 related
    Filer's total
    not reported + $428,078 related

  • ELIZABETH HECK

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1.5 related

  • MARK RUSSELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1.5 related

  • MARK WALZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1.5 related

  • JEFF WROBEL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1.5 related

  • PAUL STUEVEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1.5 related

  • TRICIA MICKLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1.5 related

  • NEIL ALLDREDGE

    DIRECTOR

    Total calculated
    $1,302,749
    From this org
    $0
    From related orgs
    $1,231,012
    Other
    $71,737
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    not reported + $899,140 related
    Bonus
    not reported + $299,250 related
    Other
    not reported + $32,622 related
    Deferred
    not reported + $38,725 related
    Nontaxable benefits
    not reported + $33,012 related
    Filer's total
    not reported + $1,302,749 related

  • NATHAN SALATI

    ASSISTANT TR

    Total calculated
    $164,741
    From this org
    $0
    From related orgs
    $141,280
    Other
    $23,461
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    not reported + $138,727 related
    Bonus
    not reported
    Other
    not reported + $2,553 related
    Deferred
    not reported + $8,639 related
    Nontaxable benefits
    not reported + $14,822 related
    Filer's total
    not reported + $164,741 related

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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $381,075
    Expenses
    $118,391
    Contributions
    $366,075
    Grants paid
    $106,000
  • 2023
    Revenue
    $131,399
    Expenses
    $166,272
    Contributions
    $116,399
    Grants paid
    $158,500
  • 2022
    Revenue
    $388,540
    Expenses
    $156,952
    Contributions
    $373,540
    Grants paid
    $149,500

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990-EZ

    Revenue
    $106,766
    Expenses
    $1,983
    Assets (EOY)
    $265,448

  • 2021 · 990-EZ

    Revenue
    $196,259
    Expenses
    $122,262
    Assets (EOY)
    $160,665

  • 2020 · 990-EZ

    Revenue
    $170,870
    Expenses
    $142,715
    Assets (EOY)
    $86,668

  • 2019 · 990-EZ

    Revenue
    $103,360
    Expenses
    $50,197
    Assets (EOY)
    $76,013

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Form 990-N e-Postcard, tax year 2018

Tax period
1 January 2018 to 31 December 2018
Principal officer
CHARLES CHAMNESS
Mailing address
3601 VINCENNES ROADINDIANAPOLIS IN 46268

As filed, from the IRS e-Postcard file of 19 October 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.

Grants made

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Related corporations and trusts on its 2024 return

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 26 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.