Public Charity

INSURANCE COUNCIL OF TEXAS

INSURANCE COUNCIL OF TEXAS, of Austin, TX, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $3.1M in revenue, $2.3M in expenses, $36.5M in total assets. IRS filings disclose 5 grants awarded by this foundation, totaling roughly $220K.

EIN: 742662845 Austin, TX Latest filing: 2025
Total Revenue$3.1M
Total Expenses$2.3M
Total Assets$36.5M
Grants Given5
Grant Total$220K
Filing Years2021–2025

Mission

ICTs mission is to represent its member companies in the regulatory process stay abreast of the events which affect the TX property casualty insurance industry. It makes recommendations presents testimony on members behalf with the state legislature Tx Dept. of Insurance.

Where $100 goes at Insurance Council of Texas

How Insurance Council of Texas divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$100 Programs the work itself
<$1 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 $100 for programs

$100
The organizations exempt purpose achievements include representing its members at hearings and in the regulatory process
All program spending
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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.

Sample Grants Given

Austin, TX · 2024
Scholarships
$33,000
Austin, TX · 2023
Scholarships
$47,500
Austin, TX · 2022
Scholarships
$27,000
Austin, TX · 2021
Scholarships
$64,000
Austin, TX · 2020
Scholarships
$48,500

Showing up to 5 of 5 total records — full history available with membership.

Officers & Directors

Executive Director Albert Betts
Treasurer Angela Doss
Senior Government and Legislative Affairs Manager Angie Cervantes
Director Chris Meredith
Director Diane Hirtz
Director James Kincaid

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$220,000 5 grants

Financial Trends

Year Revenue Expenses Assets
2025 $3.1M $2.3M $36.5M
2024 $2.5M $2.0M $32.8M
2023 $2.1M $2.1M $29.7M
2022 $12.4M $2.6M $28.1M
2021 $2.1M $1.5M $15.7M

Between 2021 and 2025, reported annual revenue grew from $2.1M to $3.1M (+48%), with total assets most recently reported at $36.5M.

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

Grant Geography

Grants from this foundation were reported to recipients in TX.

TX

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for INSURANCE COUNCIL OF TEXAS

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