EIN 36-4305164

International Association of Black Actuaries

IRS 501(c) type
501(c)(3)
Num. employees
2
State
Year formed
1999
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The International Association of Black Actuaries mentors black high school and college students and improves skills of black actuaries.
Total revenues
$1,451,479
2022
Total expenses
$1,127,900
2022
Total assets
$2,280,711
2022
Num. employees
2
2022

Program areas at International Association of Black Actuaries

Annual meeting and seminars - provides educational seminars to membership improving both technical and professional skills and an opportunity for actuarial students to interact with industry professionals and recruiters in a casual and intimate environment. There were 500+ attendees at this year's annual meeting.
Annual bootcamp - increasing industry awareness of prospective actuarial students and positioning them for a successful actuarial internship or entry-level opportunity. Providing attendees with exposure to real world actuarial work, resources in preparing for professional exams, the soft skills needed to successfully interview for and land an internship or entry-level position as well as extended support to remain on their chosen career pathway for those who will be returning to academic programs.
Scholarships - providing scholarships at the undergraduate and graduate level to qualified Black students who are interested in pursuing an actuarial career. During this year, iaba awarded scholarships to over ninety (90) actuarial students.

Who funds International Association of Black Actuaries

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Casualty Actuarial Society (CAS)To Provide Funding for Administration of the Association$30,000
Conference of Consulting Actuaries (CCA)Sponsorship and General Support$25,000
American Online Giving FoundationGeneral Support$15,601

Personnel at International Association of Black Actuaries

NameTitleCompensation
Dr. Tiffany HolmesExecutive Director$0
Ugo Okpewho, Fsa, MaaaDirector
Catherine WeaverPast Executive Director$86,430
Dwayne HusbandsPresident and Director$0
Stephen AbrokwahBoard Member$0
...and 7 more key personnel

Financials for International Association of Black Actuaries

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,351,077
Program services$88,985
Investment income and dividends$11,417
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$1,451,479

Form 990s for International Association of Black Actuaries

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-02990View PDF
2020-122021-06-16990View PDF
2019-122020-12-16990View PDF
2018-122019-12-12990View PDF
...and 9 more Form 990s
Data update history
February 16, 2024
Updated personnel
Identified 1 new personnel
January 5, 2024
Posted financials
Added Form 990 for fiscal year 2022
October 12, 2023
Updated personnel
Identified 7 new personnel
September 27, 2023
Received grants
Identified 4 new grant, including a grant for $30,000 from Casualty Actuarial Society (CAS)
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Professional associationsBusiness and community development organizationsCommunity service nonprofitsCharities
Issues
Science and technologyBusiness and industry
Characteristics
MembershipsProvides scholarshipsTax deductible donations
General information
Address
PO Box 24245
Cleveland, OH 44124
Metro area
Cleveland-Elyria, OH
County
Cuyahoga County, OH
Website URL
blackactuaries.org/ 
Phone
(267) 209-0707
IRS details
EIN
36-4305164
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1999
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813920: Professional Associations
Parent/child status
Independent
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