Independent Colleges & Universities Benefits Association Inc
501(c)(9)
Growing revenue
Independent Colleges & Universities Benefits Association Inc is a 501(c)(9) organization based in Orlando, Florida, registered in 2005, with $118,939,196 in FY2024 revenue.
4850 Millenia Blvd 329, Orlando, FL, 32839 EIN 42-1576411 Since 2005
Revenue (FY2024)
$118.9M
▲ 9.4% vs prior year
Expenses (FY2024)
$127.6M
Net assets
$18.7M
Employees
7
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Independent Colleges & Universities Benefits Association Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
BFinancial health25% of the rating2 mo reserves · -7% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Independent Colleges & Universities Benefits Association Inc: 2 mo reserves · -7% margin earns a B on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Independent Colleges & Universities Benefits Association Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Independent Colleges & Universities Benefits Association Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide life, health, accident, or other benefits consistent with taxpayer's exempt status.
Contact & location
Financial trends
Revenue grew from $77.4M (FY2013) to $118.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $30.9MNet assets $18.7M
Operating margin
-7.3%
Spent more than it raised in the latest fiscal year.
Total assets
$49.7M
Total liabilities
$30.9M
Net assets
$18.7M
Salaries & benefits
$1.4M
1% of expenses
Board members
12
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $118,939,196▲9.4% | $127,562,997▲14.7% | $18,747,229▼23.4% | $49,661,987▼12.1% | 990 |
| 2023 | $108,715,168▲9.6% | $111,214,032▲13.8% | $24,459,870▼10.1% | $56,481,322▼0.8% | 990 |
| 2022 | $99,220,821▲0.4% | $97,761,105▲0.5% | $27,208,875▼0.1% | $56,965,522▲1.9% | 990 |
| 2021 | $98,817,940▲0.8% | $97,258,575▲5.9% | $27,228,805▲0.3% | $55,882,543▼5.6% | 990 |
| 2020 | $98,027,937▼2.4% | $91,825,916▼3.3% | $27,145,885▲40.8% | $59,194,867▲30.7% | 990 |
| 2019 | $100,439,431▲5.9% | $94,928,072▼2.8% | $19,280,472▲24.9% | $45,278,258▲14.2% | 990 |
| 2018 | $94,801,210▲4.6% | $97,695,158▲9.9% | $15,434,923▼22.6% | $39,643,613▼15.3% | 990 |
| 2017 | $90,591,354▲4.1% | $88,898,254▲4.2% | $19,933,588▲9.3% | $46,783,686▲13.7% | 990 |
| 2016 | $87,010,828▲4.3% | $85,347,438▲4.9% | $18,240,488▲10.0% | $41,161,760▲5.9% | 990 |
| 2015 | $83,434,854▲4.4% | $81,378,448▲3.4% | $16,577,098▲14.2% | $38,850,683▲12.3% | 990 |
| 2014 | $79,892,555▲3.2% | $78,671,388▲3.1% | $14,520,692▲9.2% | $34,602,291▲12.2% | 990 |
| 2013 | $77,378,382 | $76,338,917▲15.6% | $13,299,525▲8.5% | $30,852,791▲11.5% | 990 |
| 2012 | — | $66,039,927▲6.5% | $12,260,060▲63.4% | $27,669,981▲19.4% | 990 |
| 2011 | — | $61,990,595▲11.5% | $7,501,535▲80.7% | $23,180,656▲24.6% | 990 |
| 2010 | — | $55,592,167 | $4,151,684 | $18,599,215 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Mark Weinstein — $326,549 (0.26% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mark Weinstein | President & Ceo | 40 | $326,549 |
| Paula Hedayat | Cfo | 40 | $242,639 |
| Emily C Stovall | Coo | 40 | $204,253 |
| Cara Wald | Director | 0 | — |
| Donna Popovich | Chairman | 0 | — |
| James Detuccio | Director | 0 | — |
| Janet Craigmiles | Director | 0 | — |
| Jeff Role | Director | 0 | — |
| Jennifer Addleman | Director | 0 | — |
| Jennifer Boyd-pugh | Treasurer | 0 | — |
| John Lapham | Director | 0 | — |
| Linda Wagner | Director | 0 | — |
| Melissa Huggins | Director | 0 | — |
| Rochelle Greaves | Director | 0 | — |
| Susan Martin | Director | 0 | — |
Frequently asked questions
- Is Independent Colleges & Universities Benefits Association Inc a legitimate nonprofit?
- Yes. Independent Colleges & Universities Benefits Association Inc is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 42-1576411, based in Orlando, Florida.
- What is Independent Colleges & Universities Benefits Association Inc's EIN?
- Independent Colleges & Universities Benefits Association Inc's Employer Identification Number (EIN) is 42-1576411.
- How much revenue does Independent Colleges & Universities Benefits Association Inc report?
- Independent Colleges & Universities Benefits Association Inc reported $118,939,196 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much does Independent Colleges & Universities Benefits Association Inc's highest-paid employee make?
- The highest reported compensation on Independent Colleges & Universities Benefits Association Inc's latest Form 990 is $326,549, paid to Mark Weinstein (President & Ceo).
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Data for Independent Colleges & Universities Benefits Association Inc (EIN 42-1576411) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.