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Nonprofit · EIN 23-7179221

CAPTIVE INSURANCE COMPANIES ASSOCIATION INC

Tax-exempt · ST LOUIS PARK, MN 55416

Financials

$1.5M$1.4M2023$1.8M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of CAPTIVE INSURANCE COMPANIES ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,827,038$1,581,445$245,593$2,681,999$942,956$1,739,043
December 31, 2023990$1,496,137$1,350,977$145,160$2,273,921$780,471$1,493,450
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$434,000
Program service revenue
$1,314,878
Investment income
$78,160
Other revenue
$0

Expenses

Grants and similar amounts paid
$12,500
Compensation of officers, directors and key employees
$373,790
Salaries, compensation and benefits (total)
$388,433
Professional fundraising fees
$0
Accounting fees
$10,480
Travel
$37,924

Balance sheet and other

Total assets, start of year
$2,273,921
Total assets, end of year
$2,681,999
Total liabilities, end of year
$942,956
Net assets, end of year
$1,739,043
Net assets without donor restrictions
$1,739,043
Gross receipts
$1,827,038
Employees
1
Volunteers
20
Year formed
1973
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DANIEL TOWLEPRESIDENT
Trustee or director, Officer
40$284,854$88,936
MARY MORIARTYCHAIR
Trustee or director, Officer
1$0$0
HEATHER MCCLUREVICE CHAIR
Trustee or director, Officer
1$0$0
PRABAL LAKHANPALSECRETARY/TREASURER
Trustee or director, Officer
1$0$0
NICK HENTGESIMMEDIATE PAST CHAIR
Trustee or director, Officer
1$0$0
LAUREN THOMASEXCUTIVE DIRECTOR
Trustee or director, Officer
1$0$0
COURTNEY CLAFLINBOARD MEMBER
Trustee or director
1$0$0
COLIN DONOVANBOARD MEMBER
Trustee or director
1$0$0
DEYNA FENGBOARD MEMBER
Trustee or director
1$0$0
UDO KAPPESBOARD MEMBER
Trustee or director
1$0$0
CHERYL BAKERBOARD MEMBER
Trustee or director
1$0$0
DAVID BEYERBOARD MEMBER
Trustee or director
1$0$0
ANJANETTE FOWLERBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationOther / benefits
DANIEL TOWLEPRESIDENT
Trustee or director, Officer
40$280,402$42,500
RENEA LOUIEIMMEDIATE PAST CHAIR
Trustee or director, Officer
1$0$0
COURTNEY CLAFLINBOARD MEMBER
Trustee or director
1$0$0
COLIN DONOVANBOARD MEMBER
Trustee or director
1$0$0
DEYNA FENGBOARD MEMBER
Trustee or director
1$0$0
MICHAEL ZUCKERMANBOARD MEMBER
Trustee or director
1$0$0
NICK HENTGESCHAIR
Trustee or director, Officer
1$0$0
MARY MORIARTYVICE CHAIR
Trustee or director, Officer
1$0$0
UDO KAPPESBOARD MEMBER
Trustee or director
1$0$0
PRABAL LAKHANPALVICE PRESIDENT
Trustee or director, Officer
1$0$0
HEATHER MCCLURESECRETARY/TREASURER
Trustee or director, Officer
1$0$0
LAUREN THOMASEXCUTIVE DIRECTOR
Trustee or director, Officer
1$0$0
CHERYL BAKERBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
4248 PARK GLEN RD, ST LOUIS PARK, MN 55416-4758
In care of
% RICK PEXA
Principal officer (990 for 2024)
DAN TOWLE, 4248 PARK GLEN ROAD, ST LOUIS PARK, MN 55416
Signed the 990
DAN TOWLE, PRESIDENT
Phone
(952) 928-4655
Return prepared by
SMITH SCHAFER & ASSOCIATES LTD

Mission

CICA'S MISSION IS TO BE THE PREMIER GLOBAL DOMICILE-NEUTRAL CAPTIVE INSURANCE ASSOCIATION AND TO BE THE BEST SOURCE OF UNBIASED INFORMATION, KNOWLEDGE, AND LEADERSHIP FOR CAPTIVE INSURANCE DECISION MAKERS. CICA COMMITS TO PROVIDING THE BEST NETWORKING, EDUCATION, AND ADVOCACY FOR THE CAPTIVE INSURANCE INDUSTRY.

990 for the year ended December 31, 2024

Program accomplishments

  • INTERNATIONAL CONFERENCE PROVIDING EDUCATIONAL AND NETWORKING OPPORTUNITIES FOR MEMBERS AND NON-MEMBER REGISTRANTS.
    Expenses $674,713 · revenue $1,229,451
  • MEMBERSHIP TO CAPTIVE COMPANIES AND RELATED PROVIDERS
    Expenses $404,554 · revenue $519,427

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7179221
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1973
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,681,999
Income (IRS master file)
$1,827,038

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,827,038$1,581,445$2,681,999XML
990December 2023$1,496,137$1,350,977$2,273,921XML
990December 2022$1,171,269$1,133,653$1,909,650IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7179221).

Questions about CAPTIVE INSURANCE COMPANIES ASSOCIATION INC

What is the EIN of CAPTIVE INSURANCE COMPANIES ASSOCIATION INC?
The employer identification number (EIN) of CAPTIVE INSURANCE COMPANIES ASSOCIATION INC is 23-7179221.
Is CAPTIVE INSURANCE COMPANIES ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1973.
Are donations to CAPTIVE INSURANCE COMPANIES ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CAPTIVE INSURANCE COMPANIES ASSOCIATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CAPTIVE INSURANCE COMPANIES ASSOCIATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CAPTIVE INSURANCE COMPANIES ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CAPTIVE INSURANCE COMPANIES ASSOCIATION INC?
The 990 for the year ended December 31, 2024 names DAN TOWLE.
Who are the officers and directors of CAPTIVE INSURANCE COMPANIES ASSOCIATION INC?
The 990 for the year ended December 31, 2024 lists 13 people; 1 received compensation from the organization, the highest $284,854 (DANIEL TOWLE, PRESIDENT).
How much revenue does CAPTIVE INSURANCE COMPANIES ASSOCIATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,827,038, expenses of $1,581,445 and total assets of $2,681,999 at year end.

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