Insurance Trust For Delta Retirees Inc
87% goes to programs Strong reserves
Insurance Trust For Delta Retirees Inc is a 501(c)(9) organization based in Duluth, Georgia, registered in 2008, with $70,120,790 in FY2024 revenue. CharityIndex grades it A, and it directs about 87% of spending to programs.
2405 Satellite Blvd Ste 200, Duluth, GA, 30096 EIN 20-8503691 Since 2008
Revenue (FY2024)
$70.1M
▼ 1.4% vs prior year
Membership median: $185K
Expenses (FY2024)
$67.7M
Net assets
$39.1M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating87% to programs
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. For Insurance Trust For Delta Retirees Inc: 87% to programs earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating7 mo reserves · +3% 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 Insurance Trust For Delta Retirees Inc: 7 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 Insurance Trust For Delta Retirees Inc: 5 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 Insurance Trust For Delta Retirees Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide retirement healthcare benefits to former delta air lines employees.
Contact & location
- Address
- 2405 Satellite Blvd Ste 200, Duluth, GA, 30096
- City
- Duluth
- State
- Georgia
- Category
- Mutual & Membership Benefit
- Subcategory
- Fraternal Societies
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $26K (FY2013) to $70.1M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $39.1M
Operating margin
3.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$39.1M
Total liabilities
$0
Net assets
$39.1M
Salaries & benefits
$149K
0% of expenses
Board members
7
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $70,120,790▼1.4% | $67,736,047▼2.8% | $39,140,091▲11.7% | $39,140,091▲11.7% | 990 |
| 2023 | $71,095,820▲0.6% | $69,653,907▲0.5% | $35,047,627▲15.1% | $35,047,627▲15.1% | 990 |
| 2022 | $70,657,172▼0.5% | $69,288,925▲3.0% | $30,445,201▼10.2% | $30,445,201▼10.2% | 990 |
| 2021 | $70,980,760▲2.8% | $67,269,559▲1.5% | $33,886,995▲19.7% | $33,886,995▲19.7% | 990 |
| 2020 | $69,072,906▲5.2% | $66,267,277▲6.1% | $28,309,112▲15.7% | $28,309,112▲15.7% | 990 |
| 2019 | $65,646,022▼1.1% | $62,458,262▼0.6% | $24,478,058▲30.1% | $24,478,058▲30.1% | 990 |
| 2018 | $66,376,801▲3.0% | $62,807,400▲1.4% | $18,818,349▲7.2% | $18,818,349▲7.2% | 990 |
| 2017 | $64,465,869▲2.3% | $61,953,829▲3.4% | $17,556,817▲23.5% | $17,556,817▲23.1% | 990 |
| 2016 | $63,021,979▲5.6% | $59,889,843▲5.6% | $14,219,114▲32.4% | $14,258,454▲32.4% | 990 |
| 2015 | $59,672,223▲12.5% | $56,708,025▲13.1% | $10,742,740▲34.4% | $10,771,805▲34.6% | 990 |
| 2014 | $53,047,583▲200314% | $50,121,415▲58908% | $7,991,112▲1576% | $8,002,481▲1578% | 990 |
| 2013 | $26,469 | $84,940▲10.7% | $476,774▼10.9% | $476,774▼10.9% | 990 |
| 2012 | — | $76,753▼41.5% | $535,245▼7.1% | $535,245▼7.1% | 990 |
| 2011 | — | $131,130 | $576,253 | $576,253 | 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: Bonnie Hirschberg — $21,240 (0.03% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Bonnie Hirschberg | Chairman | 7.5 | $21,240 |
| Brian Earp | Director | 7.5 | $21,240 |
| Micky Mccormick-jameson | Vice Chairman | 7.5 | $21,240 |
| Myron Coxe | Director | 7.5 | $21,240 |
| Robert Werner | Treasurer | 7.5 | $21,240 |
| Shelly Sullivan | Secretary | 7.5 | $21,240 |
| Ted Towne | Director | 7.5 | $21,240 |
Top vendors & contractors (FY2020)
| Contractor | Services | Paid |
|---|---|---|
| The Weinbach Group | Marketing | $117,236 |
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Compare Insurance Trust For Delta Retirees Inc
Frequently asked questions
- Is Insurance Trust For Delta Retirees Inc a legitimate nonprofit?
- Yes. Insurance Trust For Delta Retirees Inc is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 20-8503691, based in Duluth, Georgia.
- What is Insurance Trust For Delta Retirees Inc's EIN?
- Insurance Trust For Delta Retirees Inc's Employer Identification Number (EIN) is 20-8503691.
- How much revenue does Insurance Trust For Delta Retirees Inc report?
- Insurance Trust For Delta Retirees Inc reported $70,120,790 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Insurance Trust For Delta Retirees Inc's spending goes to programs?
- Insurance Trust For Delta Retirees Inc spends about 87% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Insurance Trust For Delta Retirees Inc have?
- CharityIndex grades Insurance Trust For Delta Retirees Inc A, based on program efficiency and fundraising cost.
- How much does Insurance Trust For Delta Retirees Inc's highest-paid employee make?
- The highest reported compensation on Insurance Trust For Delta Retirees Inc's latest Form 990 is $21,240, paid to Bonnie Hirschberg (Chairman).
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Data for Insurance Trust For Delta Retirees Inc (EIN 20-8503691) 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.