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 2024 filing shows $2.5M in revenue, $2.0M in expenses, $32.8M in total assets. IRS filings disclose 5 grants awarded by this foundation, totaling roughly $220K.

EIN: 742662845 Austin, TX Latest filing: 2024
Total Revenue$2.5M
Total Expenses$2.0M
Total Assets$32.8M
Grants Given5
Grant Total$220K
Filing Years2020–2024

Mission

The organizations 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 Tx Dept. of Insurance with respect to rates, forms, rules and other issues facing PC insurers.

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
Govt Legislative Affairs Mgr Angie Cervantes
Director Chris Meredith
Director Diane Hirtz
Director James Kincaid

Officer compensation and complete director data available with membership.

Top Grant Purposes

Scholarships
$220,000 5 grants

Financial Trends

Year Revenue Expenses Assets
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
2020 $2.0M $1.6M $13.2M

Between 2020 and 2024, reported annual revenue grew from $2.0M to $2.5M (+23%), with total assets most recently reported at $32.8M.

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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