2025-03-10T07:22:41-07:00 2024-03-31 061660624 Oswald & Scott PA 605 E Robinson St Ste 522 Orlando FL 32801 990 2023-04-01 421576411 INDEPENDENT COLLEGES & UNIVERSITIES BENEFITS ASSOCIATION INC INDE 4073542114 4850 MILLENIA BLVD 329 ORLANDO FL 32839 EMILY C STOVALL COO 2025-03-07 true true Samuel D Oswald P00506354 4079999777 2023 2025-03-06 01:10:19Z 4850 MILLENIA BLVD 329 ORLANDO FL 32839 108715168 false X WWW.ICUBA.ORG X 2003 FL TO PROVIDE LIFE, HEALTH, ACCIDENT, OR OTHER BENEFITS CONSISTENT WITH TAXPAYER'S EXEMPT STATUS. 12 12 7 0 0 98738571 107243824 482250 1471344 0 99220821 108715168 0 0 1441902 1263632 0 0 96319203 109950400 97761105 111214032 1459716 -2498864 56965522 56481322 29756647 32021452 27208875 24459870 TO PROVIDE LIFE, HEALTH, ACCIDENT, OR OTHER BENEFITS CONSISTENT WITH TAXPAYER'S EXEMPT STATUS. false false PROVIDED LIFE, HEALTH, ACCIDENT, OR OTHER BENEFITS CONSISTENT WITH TAXPAYER'S EXEMPT STATUS. false false false false false false false true false true false false true true false false false false false false false false false false false false false false true false false false false false false false false false false false true false false true 5 0 true 7 true false false false false false false false false X 12 12 false false false false true true true true true false false true true true true true true true true false X EMILY STOVALL 4073544646 4850 MILLENIA BLVD SUITE 329 ORLANDO FL 32839 MARK WEINSTEIN President & CEO 40.00 0.00 X 335573 0 11036 DONNA POPOVICH Chairman 0.00 40.00 X 0 254790 44495 JEFF ROLE Director 0.00 40.00 X 0 253782 24754 JAMES DETUCCIO Director 0.00 40.00 X 0 254627 15531 PAULA HEDAYAT CFO 40.00 0.00 X 241170 0 9330 JENNIFER BOYD-PUGH Treasurer 0.00 40.00 X 0 214760 9914 TOM HARTNETT Director 0.00 40.00 X 0 194830 0 CARA WALD Director 0.00 40.00 X 0 180752 11172 JOHN LAPHAM Director 0.00 40.00 X 0 158791 23423 EMILY C STOVALL COO 40.00 40.00 X 174897 0 2676 JENNIFER ADDLEMAN Director 0.00 40.00 X 0 94414 19064 ROCHELLE GREAVES Director 0.00 40.00 X 0 94630 0 LINDA ALLISON Director 0.00 40.00 X 0 84786 4824 JANET CRAIGMILES Director 0.00 40.00 X 0 88420 0 MELISSA HUGGINS Director 0.00 40.00 X 0 64857 0 751640 1939439 176219 3 false true false 0 0 PREMIUMS EARNED 525100 107243824 107243824 107243824 1471344 1471344 0 0 0 0 0 0 0 0 108715168 107243824 1471344 0 0 0 0 774682 0 488950 0 0 0 0 306813 72306 0 0 0 0 54351 0 0 0 55643 67471 0 0 0 0 0 119312 MEDICAL CLAIMS PAID 103762130 CLAIM ADJUSTMENT EXPENSE 2982569 ADMINISTRATIVE FEES 2127791 REGULATORY FEES 145693 256321 111214032 0 0 0 0 51220746 51950170 0 0 0 0 0 0 0 88433 88433 0 0 0 0 0 5744776 4531152 56965522 56481322 22668728 23837218 7087919 8184234 29756647 32021452 X 3537754 3287613 23671121 21172257 27208875 24459870 56965522 56481322 X -2498864 -250141 X false true X true false false true X 76258 76258 12175 12175 OTHER RECEIVABLES 3000000 PREMIUMS RECEIVABLE 105612 REINSURANCE RECOVERABLE 1425540 4531152 MEDICAL CLAIMS EXPENSE RESERVE 8184234 8184234 108715168 108715168 108715168 111214032 111214032 111214032 Part IV, Line 2b: Explanation of escrow account liability ICUBA ACTS AS A CUSTODIAN FOR THE HEALTH REIMBURSEMENT ACCOUNTS (HRA) AND FLEXIBLE SPENDING ACCOUNTS (FSA) FOR ITS MEMBER EMPLOYEES AND ELIGIBLE DEPENDENTS. THE HRA IS FUNDED ENTIRELY BY MEMBER INSTITUTIONS IN THE FORM OF A MONTHLY CONTRIBUTION. THE AMOUNT IS PAID TO ICUBA AT THE BEGINNING OF THE MONTH AND THE EMPLOYEE'S ACCOUNT IS FUNDED AT THE END OF THE SAME MONTH. THE MEMBER INSTITUTIONS DETERMINE THE CONTRIBUTION AMOUNT AT THE BEGINNING OF EACH OPEN ENROLLMENT PERIOD. THE FSA IS FUNDED ENTIRELY BY THE EMPLOYEE THROUGH MONTHLY PAYROLL DEDUCTIONS. THE PAYROLL DEDUCTION AMOUNT IS PAID TO ICUBA AT THE BEGINNING OF THE MONTH, BUT THE EMPLOYEE HAS ACCESS TO THE ENTIRE AMOUNT OF THE ANNUAL ELECTION ON THE 1ST DAY OF THE ELIGIBILITY PERIOD. X false false false CARA WALD Director 180752 11172 191924 DONNA POPOVICH Chairman 248619 6171 25352 19143 299285 EMILY C STOVALL COO 150484 24413 2676 177573 JAMES DETUCCIO Director 254627 15531 270158 JEFF ROLE Director 253782 24754 278536 JENNIFER BOYD-PUGH Treasurer 214760 9914 224674 JOHN LAPHAM Director 158791 15992 7431 182214 MARK WEINSTEIN President & CEO 275052 60521 11036 346609 PAULA HEDAYAT CFO 231170 10000 9330 250500 TOM HARTNETT Director 194830 194830 Form 990, Part VI, Section A, Line 6 THE ORGANIZATION'S MEMBERS CONSIST OF THE PARTICIPATING INDEPENDENT COLLEGES, UNIVERSITIES AND OTHER NONPROFIT PRIVATE EDUCATION EMPLOYERS IN FLORIDA WHO HAVE CONSOLIDATED UNDER ONE ENTITY TO PROVIDE HEALTH BENEFITS TO THEIR EMPLOYEES AND ELIGIBLE DEPENDENTS. Form 990, Part VI, Section A, Line 7a EACH MEMBER'S PRESIDENT OR HEADMASTER ASSIGNS A MEMBER OF THE BOARD. Form 990, Part VI, Section A, Line 7b EACH DECISION IS PUT BEFORE THE BOARD AND VOTED ON. SINCE EACH MEMBER IS REPRESENTED ON THE BOARD, THAT BOARD MEMBER ACTS AS A VOICE FOR THE MEMBER OF THE ASSOCIATION. Form 990, Part VI, Section B, Line 11b The CEO/President and the CFO have been delegated the authority to review and file the Form 990 and subsequent to the filing, they distribute it to the Executive Committee. Form 990, Part VI, Section B, Line 12c Annual conflict of interest statements are signed by each officer, director, and key employee of the Plan. Form 990, Part VI, Section B, Line 15b The organization's CEO/President is reviewed annually and his compensation is approved by the EXECUTIVE COMMITTEE. Other key employees of the organization are reviewed annually by the CEO/President under the authority delegated to him by the Board of Directors. Form 990, Part VI, Section C, Line 19 Each member of the Association is provided all information on an annual basis. All others upon request, with the approval of the Board of Directors. Form 990, Part XI, Line 9 RETIREMENT OF SURPLUS NOTES = -$250141 BARRY UNIVERSITY 11300 NEW SECOND AVENUE MIAMI SHORES FL 331616695 590624364 EDUCATION FL 501(c)(3) 170(B)(1)(A)(II) NA false BEACON COLLEGE 105 EAST MAIN STREET LEESBURG FL 34748 592961536 EDUCATION FL 501(c)(3) 170(B)(1)(A)(II) NA false THE BOLLES SCHOOL 7400 SAN JOSE BLVD JACKSONVILLE FL 32217 590637814 EDUCATION FL 501(c)(3) 170(B)(1)(A)(II) NA false CENTRAL FLORIDA AHEC 328 SOUTH CENTRAL AVENUE APOPKA FL 32703 593050122 EDUCATION FL 501(c)(3) 170(B)(1)(A)(II) NA false CORBETT PREPARATORY SCHOOL OF IDS 12015 ORANGE GROVE DRIVE TAMPA FL 33618 591282306 EDUCATION FL 501(c)(3) 170(B)(1)(A)(II) NA false EDWARD WATERS COLLEGE 1658 KINGS ROAD JACKSONVILLE FL 32209 591146751 EDUCATION FL 501(c)(3) 170(B)(1)(A)(II) NA false EVERGLADES AHEC 5725 CORPORATE WAY WEST PALM BEACH FL 33407 592740588 EDUCATION FL 501(c)(3) 170(B)(1)(A)(II) NA false FLORIDA INSTITUTE OF TECHNOLOGY 150 W UNIVERSITY BLVD MELBOURNE FL 32901 596046500 EDUCATION FL 501(c)(3) 170(B)(1)(A)(II) NA false GOOD SHEPHERD EPISCOPAL SCHOOL 402 SEABROOK ROAD TEQUESTA FL 33469 020698407 EDUCATION FL 501(c)(3) 170(B)(1)(A)(II) NA false NOVA SOUTHEASTERN UNIVERSITY 3200 SOUTH UNIVERSITY DRIVE FT LAUDERDALE FL 33328 591083502 EDUCATION FL 501(c)(3) 170(B)(1)(A)(II) NA false PALM BEACH ATLANTIC UNIVERSITY 901 S FLAGLER DRIVE WEST PALM BEACH FL 33401 591092732 EDUCATION FL 501(c)(3) 170(B)(1)(A)(II) NA false THE POYNTER INSTITUTE 801 THIRD STREET SOUTH ST PETERSBURG FL 33701 591630423 EDUCATION FL 501(c)(3) 170(B)(1)(A)(II) NA false ROLLINS COLLEGE 1000 HOLT AVENUE WINTER PARK FL 32789 590624440 EDUCATION FL 501(c)(3) 170(B)(1)(A)(II) NA false SAINT EDWARDS SCHOOL 1895 ST EDWARDS DRIVE VERO BEACH FL 32963 591059214 EDUCATION FL 501(c)(3) 170(B)(1)(A)(II) NA false SAINT LEO UNIVERSITY PO BOX 6665 ST LEO FL 33574 591237047 EDUCATION FL 501(c)(3) 170(B)(1)(A)(II) NA false SAINT PAULS SCHOOL 1600 ST PAULS DRIVE CLEARWATER FL 33764 591220745 EDUCATION FL 501(c)(3) 170(B)(1)(A)(II) NA false SAN JOSE EPISCOPAL DAY SCHOOL 7423 SAN JOSE BLVD JACKSONVILLE FL 32217 591637843 EDUCATION FL 501(c)(3) 170(B)(1)(A)(II) NA false TAMPA PREPARATORY SCHOOL 727 CASS STREET TAMPA FL 33606 591618607 EDUCATION FL 501(c)(3) 170(B)(1)(A)(II) NA false UNIVERSITY OF TAMPA 401 W KENNEDY BLVD TAMPA FL 33606 590624459 EDUCATION FL 501(c)(3) 170(B)(1)(A)(II) NA false JACKSONVILLE COUNTRY DAY SCHOOL 10063 BAYMEADOWS ROAD JACKSONVILLE FL 32256 590905430 EDUCATION FL 501(c)(3) 170(B)(1)(A)(II) NA false GRACE EPISCOPAL DAY SCHOOL 156 KINGSLEY AVENUE ORANGE PARK FL 32073 591152229 EDUCATION FL 501(c)(3) 170(B)(1)(A)(II) NA false SAINT STEPHENS EPISCOPAL SCHOOL 315 41ST W BRADENTON FL 34209 591301635 EDUCATION FL 501(C)(3) 170(B)(1)(A)(II) NA false UNITY SCHOOL 101 NW 22ND STREET DELRAY BEACH FL 33444 592529126 EDUCATION FL 501(c)(3) 170(B)(1)(A)(II) NA false WESTMINISTER CHRISTIAN SCHOOL 6855 SW 152ND STREET PALMETTO BAY FL 33157 596057154 EDUCATION FL 501(c)(3) 170(B)(1)(A)(II) NA false WARNER UNIVERSITY 13895 Highway 27 Lake Wales FL 33859 591275800 EDUCATION FL 501(C)(3) 170(B)(1)(A)(II) NA false SAINT THOMAS UNIVERSITY 16401 NW 37TH AVENUE MIAMI SPRINGS FL 33054 590949880 EDUCATION FL 501(C)(3) 170(b)(1)(A)(II) NA false false false false false false false false false false false true false false false false false false false false NOVA SOUTHEASTERN UNIVERSITY k 55643 LEASE