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EIN 23-7376679

American Share Insurance

IRS 501(c) type
501(c)(6)
Num. employees
30
City
Dublin
State
Ohio
Year formed
1974
Most recent tax filings
2022-12-01
NTEE code, primary
Y20: Insurance Providers, Services
Description
American Share Insurance provides primary and excess share (deposit) insurance exclusively to credit unions. Its mission is to provide this service in accordance with its statutory authority under Ohio Revised Code Section 1761, as a member-owned, mutually organized share guaranty corporation, making it the nation's largest non-federal provider of such insurance. Based in Dublin, OH, American Share Insurance supports credit union members across the country.
Also known as...
American Mutual Share Insurance Corporation; American Mutual Share Insurance Corp and Subsidiaries
Total revenues
$14,373,728
2022
Total expenses
$10,256,132
2022
Total assets
$346,716,309
2022
Num. employees
30
2022

Program areas at American Share Insurance

American Mutual Share Insurance Corporation (asi) provides primary and excess Share (deposit) Insurance to credit unions under Ohio revised code section 1761, as a member-owned, mutually organized Share guaranty Corporation, and the nation's largest non-federal insurer of consumer deposits. Approximately 123 member credit unions in 10 states were served by asi in 2022 and the aggregate number of individual members in those credit unions insured by asi is estimated to be approximately 1.4 million.

Personnel at American Share Insurance

NameTitleCompensation
Dennis R AdamsPresident and Chief Executive Officer$824,316
Curtis L RobsonChief Financial Officer , Secretary and Treasurer$938,920
J Paul McCaffreyChief Financial Officer and Secretary and Treasurer$292,893
Peter J LoveVice President Finance and Secretary and Treasurer / Assistant Vice President Finance$238,594
David W KettlehakeVice President Sales and Marketing$220,017
...and 8 more key personnel

Financials for American Share Insurance

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$0
Investment income and dividends$3,922,653
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$266,151
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$10,184,924
Total revenues$14,373,728

Form 990s for American Share Insurance

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-06-24990View PDF
2018-122020-02-19990View PDF
...and 9 more Form 990s
Data update history
January 24, 2024
Updated personnel
Identified 4 new personnel
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Used new vendors
Identified 3 new vendors, including , , and
July 28, 2023
Updated personnel
Identified 3 new personnel
July 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Mutual assistance organizationsInsurance companiesEnvironmental organizations
Issues
No issues found
Characteristics
Political advocacy
General information
Address
5656 Frantz Rd
Dublin, OH 43017
Metro area
Columbus, OH
County
Franklin County, OH
Website URL
americanshare.com/ 
Phone
(614) 764-1900
Facebook page
AmericanShare 
IRS details
EIN
23-7376679
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1974
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
Y20: Insurance Providers, Services
NAICS code, primary
524126: Direct Property and Casualty Insurance Carriers
Parent/child status
Independent
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