Nonprofit · EIN 51-0152307
IIAA EDUCATION FOUNDATION
Tax-exempt · ALEXANDRIA, VA 22314
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $1,383,474 | $612,731 | $770,743 | $1,711,600 | $0 | $1,711,600 |
| August 31, 2024 | 990 | $4,179 | $16,888 | -$12,709 | $940,857 | $0 | $940,857 |
| August 31, 2023 | 990 | $300,472 | $190,175 | $110,297 | $960,322 | $6,756 | $953,566 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $1,383,474
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $606,539
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $606,539
- Management and general (functional)
- $6,192
Balance sheet and other
- Total assets, start of year
- $940,857
- Total assets, end of year
- $1,711,600
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,711,600
- Net assets without donor restrictions
- $1,711,600
- Gross receipts
- $1,383,474
- Employees
- 0
- Volunteers
- 5
- Year formed
- 1975
- State of legal domicile
- NY
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 August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CHARLES SYMINGTON | PRESIDENT & CEO Trustee or director, Officer | 1 | $21,847 | $1,070,520 | $61,155 |
| EUGENE S COCKE | TREASURER & CFO Trustee or director, Officer | 1 | $0 | $379,661 | $52,972 |
| SCOTT KNEELAND | GENERAL COUNSEL Trustee or director, Officer | 1 | $0 | $281,426 | $46,370 |
| MICHAEL MCBRIDE | FORMER CHAIRMAN Former | 1 | $0 | $37,055 | $0 |
| TODD JACKSON | CHAIRMAN Trustee or director, Officer | 1 | $0 | $29,283 | $0 |
| GREG SANDROCK | VICE CHAIR Trustee or director, Officer | 1 | $0 | $9,430 | $0 |
| ANGELA RIPLEY | CHAIR-ELECT Trustee or director, Officer | 1 | $0 | $8,500 | $0 |
| BRYAN CLINCKSDALE | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| GEORGE ATKINS III | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| LOU MORAN III | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended August 31, 2024: 11 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CHARLES SYMINGTON | CEO Trustee or director, Officer | 1 | $0 | $994,245 | $58,522 |
| ROBERT RUSBULDT | CEO (UNTIL 08/31/23) Former | 1 | $0 | $998,374 | $45,508 |
| EUGENE S COCKE | CFO Trustee or director, Officer | 1 | $0 | $359,726 | $50,818 |
| SCOTT KNEELAND | GENERAL COUNSEL Trustee or director, Officer | 1 | $0 | $257,078 | $43,339 |
| MICHAEL MCBRIDE | CHAIRMAN Trustee or director, Officer | 1 | $0 | $35,528 | $0 |
| JOHN COSTELLO | TRUSTEE Trustee or director | 1 | $0 | $32,276 | $0 |
| TODD JACKSON | TRUSTEE Trustee or director | 1 | $0 | $23,144 | $0 |
| ANGELA RIPLEY | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| BOBBY SALMON | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| GREG SANDROCK | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| LOU MORAN III | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended August 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROBERT RUSBULDT | CEO Trustee or director, Officer | 1 | $0 | $1,707,319 | $48,815 |
| EUGENE S COCKE | CFO Trustee or director, Officer | 1 | $0 | $406,525 | $56,378 |
| SCOTT KNEELAND | GENERAL COUNSEL Trustee or director, Officer | 1 | $0 | $285,106 | $44,795 |
| JOHN COSTELLO | CHAIRMAN Trustee or director, Officer | 1 | $0 | $32,863 | $0 |
| ROBERT FEE | TRUSTEE Trustee or director | 1 | $0 | $28,684 | $0 |
| MICHAEL MCBRIDE | TRUSTEE Trustee or director | 1 | $0 | $18,618 | $0 |
| LOU MORAN III | TRUSTEE Trustee or director | 1 | $0 | $9,904 | $0 |
| TODD JACKSON | TRUSTEE Trustee or director | 1 | $0 | $8,642 | $0 |
| ANGELA RIPLEY | TRUSTEE Trustee or director | 1 | $0 | $6,362 | $0 |
| GREG SANDROCK | TRUSTEE Trustee or director | 1 | $0 | $1,540 | $0 |
Address and contacts
- Address (IRS master file)
- 127 SOUTH PEYTON ST, ALEXANDRIA, VA 22314-2879
- In care of
- % STEVE COCKE
- Principal officer (990 for 2024)
- CHARLES E SYMINGTON JR, 127 SOUTH PEYTON ST, ALEXANDRIA, VA 223142879
- Signed the 990
- EUGENE S COCKE, CFO
- Phone
- (703) 683-4422
- Website
- WWW.INDEPENDENTAGENT.COM
- Return prepared by
- COHNREZNICK ADVISORY LLC
Mission
ORGANIZED TO PROVIDE SCHOLARSHIPS, CHARITY OR OTHER FINANCIAL ASSISTANCE TO INDIVIDUALS OR BUSINESSES, AND TO FOSTER PROJECTS FOR EDUCATIONAL RESEARCH.
Program accomplishments
- THE FOCUS OF THE FOUNDATION'S PROGRAMS ARE TO PROVIDE FINANCIAL ASSISTANCE TO INSURANCE INDUSTRY PERSONNEL IMPACTED BY CATASTROPHIC OCCURRENCES NOT COVERED BY THEIR OWN INSURANCE OR OTHER GRANTS AND FUNDING SOURCES. FOR THE YEAR ENDED AUGUST 31, 2023, THE ORGANIZATION AWARDED OVER $600,000 IN GRANTS TO QUALIFIED RECIPIENTS. THE FUNDING FOR THE FOUNDATION IS DERIVED FROM DONATIONS FROM IIABA MEMBERS, OTHER INDUSTRY ORGANIZATIONS AND INSURANCE CARRIERS.Expenses $606,539 · grants $606,539
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 August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 51-0152307
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1975
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82Z)
- Assets (IRS master file)
- $1,711,600
- Income (IRS master file)
- $1,383,474
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $1,383,474 | $612,731 | $1,711,600 | XML |
| 990 | August 2024 | $4,179 | $16,888 | $940,857 | XML |
| 990 | August 2023 | $300,472 | $190,175 | $960,322 | XML |
| 990 | August 2022 | $46,085 | $128,791 | $843,269 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990-EZ | August 2019 | – | – | – | IRS |
| 990-EZ | August 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 51-0152307).
Questions about IIAA EDUCATION FOUNDATION
- What is the EIN of IIAA EDUCATION FOUNDATION?
- The employer identification number (EIN) of IIAA EDUCATION FOUNDATION is 51-0152307.
- Is IIAA EDUCATION FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
- Are donations to IIAA EDUCATION FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does IIAA EDUCATION 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 IIAA EDUCATION FOUNDATION due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did IIAA EDUCATION FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of IIAA EDUCATION FOUNDATION?
- The 990 for the year ended August 31, 2025 names CHARLES E SYMINGTON JR.
- Who are the officers and directors of IIAA EDUCATION FOUNDATION?
- The 990 for the year ended August 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $21,847 (CHARLES SYMINGTON, PRESIDENT & CEO).
- How much revenue does IIAA EDUCATION FOUNDATION have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $1,383,474, expenses of $612,731 and total assets of $1,711,600 at year end.
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