Public Charity

NICB FOUNDATION

Based in OAK BROOK, IL, NICB FOUNDATION operates as a Public Charity. The organization reported $589K in revenue, $761K in expenses, $692K in total assets for fiscal year 2025.

EIN: 311768814 OAK BROOK, IL Employment N.E.C. NTEE: J99 Latest filing: 2025
Total Revenue$589K
Total Expenses$761K
Total Assets$692K
Grant Records0
Filing Years2021–2025

Mission

PROVIDE ANTI-FRAUD TRAINING TO INSURANCE INDUSTRY, LAW ENFORCEMENT, AND THE PUBLIC THROUGH ONLINE COURSEWARE.

Where $100 goes at Nicb Foundation

How Nicb Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$84 Programs the work itself
$16 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $84 for programs

$84
National insurance crime bureau foundation (Nicb Foundation) registered over 11,206 new students in 2025
All program spending · Reported in the filing: 11,206 students; 22,503 students
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SRVP/CFO Carolyn Bellisio
CHIEF EXECUTIVE OFFICER David Glawe
VP/LEARNING & DEVELOPMENT James Berry
SRVP/GENERAL COUNSEL Richard Dizinno
VP/ASSOC GENERAL COUNSEL Robert Cooper
SRVP/COO Timothy R Slater

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $589K $761K $692K
2024 $576K $587K $1.2M
2023 $595K $614K $1.2M
2022 $581K $558K $1.1M
2021 $656K $475K $1.1M

Between 2021 and 2025, reported annual revenue declined from $656K to $589K (-10%), with total assets most recently reported at $692K.

Interactive year-over-year charts and full filing details available with membership.

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