Nonprofit · EIN 31-1768814
NICB FOUNDATION
Tax-exempt · OAK BROOK, IL 60523
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $588,609 | $760,846 | -$172,237 | $692,149 | $0 | $692,149 |
| December 31, 2024 | 990 | $575,733 | $587,358 | -$11,625 | $1,161,966 | $297,580 | $864,386 |
| December 31, 2023 | 990 | $595,145 | $613,775 | -$18,630 | $1,221,799 | $345,788 | $876,011 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $570,218
- Investment income
- $730
- Net income from sales of inventory
- $17,661
- Other revenue
- $17,661
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $170,785
- Other salaries and wages
- $316,375
- Salaries, compensation and benefits (total)
- $487,160
- Professional fundraising fees
- $0
- Legal fees
- $6,016
- Accounting fees
- $41,463
- Occupancy
- $4,198
- Travel
- $1,852
- Program services (functional)
- $630,947
- Management and general (functional)
- $129,899
Balance sheet and other
- Total assets, start of year
- $1,161,966
- Total assets, end of year
- $692,149
- Total liabilities, end of year
- $0
- Net assets, end of year
- $692,149
- Net assets without donor restrictions
- $692,149
- Gross receipts
- $588,609
- Employees
- 20
- Volunteers
- 0
- Year formed
- 2001
- State of legal domicile
- IL
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAVID GLAWE | CHIEF EXECUTIVE OFFICER Trustee or director, Officer | 0 | $0 | $907,456 | $35,473 |
| TIMOTHY R SLATER | SRVP/COO Trustee or director, Officer | 2.3 | $26,450 | $561,893 | $29,067 |
| CAROLYN BELLISIO | SRVP/CFO Trustee or director, Officer | 1 | $10,039 | $464,590 | $39,491 |
| RICHARD DIZINNO | SRVP/GENERAL COUNSEL Trustee or director, Officer | 0.8 | $7,293 | $415,389 | $25,121 |
| JAMES BERRY | VP/LEARNING & DEVELOPMENT Trustee or director, Officer | 20 | $127,003 | $179,473 | $20,801 |
| ROBERT COOPER | VP/ASSOC GENERAL COUNSEL Key employee | 2.6 | $15,369 | $240,638 | $62,602 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAVID GLAWE | CHIEF EXECUTIVE OFFICER Trustee or director, Officer | 0 | $0 | $859,297 | $33,432 |
| TIMOTHY R SLATER | SRVP/COO Trustee or director, Officer | 1.25 | $10,787 | $536,796 | $29,394 |
| CAROLYN BELLISIO | SRVP/CFO Trustee or director, Officer | 0.5 | $4,502 | $448,153 | $37,370 |
| RICHARD DIZINNO | SRVP/GENERAL COUNSEL Trustee or director, Officer | 0.3 | $930 | $360,802 | $21,524 |
| JAMES BERRY | VP/LEARNING & DEVELOPMENT Trustee or director, Officer | 20 | $122,330 | $171,888 | $18,897 |
| ROBERT COOPER | VP/ASSOC GENERAL COUNSEL Key employee | 0.5 | $2,106 | $239,149 | $65,680 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAVID GLAWE | CHIEF EXECUTIVE OFFICER Trustee or director, Officer | 0 | $0 | $792,791 | $31,277 |
| TIMOTHY R SLATER | SRVP/COO Trustee or director, Officer | 1.25 | $9,521 | $541,868 | $29,019 |
| CAROLYN BELLISIO | SRVP/CFO Trustee or director, Officer | 0.75 | $3,318 | $418,996 | $22,830 |
| THOMAS P MARTIN | SRVP/GENERAL COUNSEL (THRU 9/8/23) Trustee or director, Officer | 0.94 | $5,762 | $372,894 | $16,864 |
| RICHARD DIZINNO | SRVP/GENERAL COUNSEL (AS OF 9/1/23) Trustee or director, Officer | 0.31 | $774 | $288,236 | $18,243 |
| JAMES BERRY | VP/LEARNING & DEVELOPMENT Trustee or director, Officer | 20 | $117,908 | $153,812 | $18,269 |
| ROBERT COOPER | VP/ASSOC GENERAL COUNSEL Key employee | 0.5 | $2,025 | $218,597 | $59,576 |
Address and contacts
- Address (IRS master file)
- 1515 WEST 22ND STREET STE 1300W, OAK BROOK, IL 60523-2007
- In care of
- % ROBERT JACHNICKI
- Principal officer (990 for 2025)
- CAROLYN BELLISIO, 1515 WEST 22ND STREET STE 1300W, OAK BROOK, IL 60523
- Signed the 990
- CAROLYN BELLISIO, CFO/TREASURER
- Phone
- (847) 544-7000
- Website
- WWW.NICB.ORG
- Return prepared by
- GRANT THORNTON ADVISORS LLC
Mission
PROVIDE ANTI-FRAUD TRAINING TO INSURANCE INDUSTRY, LAW ENFORCEMENT, AND THE PUBLIC THROUGH ONLINE COURSEWARE.
Program accomplishments
- NATIONAL INSURANCE CRIME BUREAU FOUNDATION (NICB FOUNDATION) REGISTERED OVER 11,206 NEW STUDENTS IN 2025. OVERALL, 22,503 STUDENTS ENROLLED IN 169,951 ONLINE OFFERINGS DURING 2025. THE TOP ONLINE COURSES DURING 2025 WERE: INSURANCE FRAUD BASICS, STAGED AUTO ACCIDENTS, HIT WHILE PARKED FRAUD, INTRODUCTION TO INSURANCE FRAUD INVESTIGATION, AND BODY SHOP FRAUD. IN 2025, 13,637 NICB FOUNDATION CE'S WERE PROCESSED.Expenses $630,947 · revenue $588,609
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 31-1768814
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Employment (J99)
- Assets (IRS master file)
- $692,149
- Income (IRS master file)
- $588,609
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $588,609 | $760,846 | $692,149 | XML |
| 990 | December 2024 | $575,733 | $587,358 | $1,161,966 | XML |
| 990 | December 2023 | $595,145 | $613,775 | $1,221,799 | XML |
| 990 | December 2022 | $581,221 | $557,539 | $1,141,371 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 31-1768814).
Questions about NICB FOUNDATION
- What is the EIN of NICB FOUNDATION?
- The employer identification number (EIN) of NICB FOUNDATION is 31-1768814.
- Is NICB FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to NICB FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NICB FOUNDATION 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 NICB FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NICB FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NICB FOUNDATION?
- The 990 for the year ended December 31, 2025 names CAROLYN BELLISIO.
- Who are the officers and directors of NICB FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 6 people; 5 received compensation from the organization.
- How much revenue does NICB FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $588,609, expenses of $760,846 and total assets of $692,149 at year end.
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