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EIN 35-0837318

Indiana Compensation Rating Bureau

IRS 501(c) type
501(c)(6)
Num. employees
9
City
Indianapolis
State
Indiana
Year formed
1935
Most recent tax filings
2023-12-01
NTEE code, primary
Y20: Insurance Providers, Services
Description
Indiana Compensation Rating Bureau is a not-for-profit organization that regulates worker compensation rates in the state of Indiana. The ICRB gathers information from its member companies to establish fair and adequate advisory rates. This information is then submitted to the Indiana Department of Insurance for review and then distributed to all member companies.
Total revenues
$2,739,998
2023
Total expenses
$2,821,159
2023
Total assets
$2,302,336
2023
Num. employees
9
2023

Program areas at Indiana Compensation Rating Bureau

The icrb gathers information from its member companies to establish fair and adequate advisory rates. This information is then submitted to the Indiana department of insurance for review and then distributed to all member companies. In addition to the data-collection and ratemaking functions, the icrb is responsible for various workers Compensation programs including rules promulgation, experience Rating, inspection and classification, assigned-risk administration, industry education and dispute resolution.

Personnel at Indiana Compensation Rating Bureau

NameTitleCompensation
Paul E. KeathleyPresident and Chief Executive Officer$159,331
Scott LerewVice President
Jennifer CoxDirector of Finance and Operations
Karen ByrdPresident$168,964
Ira Feuerlicht Amer Home Assur CoChairperson$0
...and 5 more key personnel

Financials for Indiana Compensation Rating Bureau

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$2,739,998
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,739,998

Form 990s for Indiana Compensation Rating Bureau

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-10990View PDF
2022-122023-06-13990View PDF
2021-122022-11-08990View PDF
2020-122021-10-06990View PDF
2019-122021-06-25990View PDF
...and 10 more Form 990s
Data update history
October 3, 2024
Updated personnel
Identified 2 new personnel
August 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 28, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 6, 2023
Updated personnel
Identified 4 new personnel
June 29, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Mutual assistance organizationsInsurance companiesEnvironmental organizations
Issues
No issues found
Characteristics
State / local levelManagement and technical assistance
General information
Address
5920 Castleway W Dr 121
Indianapolis, IN 46250
Metro area
Indianapolis-Carmel-Anderson, IN
County
Marion County, IN
Website URL
icrb.net/ 
Phone
(317) 842-2800
Twitter profile
@ron_cooper 
IRS details
EIN
35-0837318
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1935
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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