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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Namic Mutual Insurance Foundation

Namic Mutual Insurance Foundation

Fiscal year ending 2024. Filed on January 15, 2025.

3601 Vincennes Road
Indianapolis, Indiana 46268

Namic Mutual Insurance Foundation (EIN: 82-2815065) has filed an IRS Form 990 since fiscal year 2019. In its fiscal year 2024 IRS Form 990 filing, Namic Mutual Insurance Foundation, a 501(c)(3) charitable organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $792,469. The highest compensated employee at Namic Mutual Insurance Foundation is Neil Alldredge with fiscal year 2024 compensation of $1,204,382.

Revenue, expenses, and employee compensation

Revenue

$131,399

Expenses

$166,272

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Neil Alldredge
Director
$1,204,382
$0 $1,144,657 $59,725
Sarah Schnettler
Executive Director
$380,556
$0 $339,325 $41,231

Benchmark Employee Compensation

Non-Employee Board Members

Elizabeth Heck
Director
Jacob Black
Chair
Mark Russell
Director
Mark Walz
Director
Paul Stueven
Director
Steven C Sliver
Former Chair
Steven Linkous
Director
Tricia Mickley
Director

Mission Statement

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.

Revisions to this organization profile

January 15, 2025:
2024 Namic Mutual Insurance Foundation 990 filed
March 14, 2024:
2023 Namic Mutual Insurance Foundation 990 filed
November 15, 2022:
2022 Namic Mutual Insurance Foundation 990 filed

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