EIN 36-4305164

International Association of Black Actuaries

IRS 501(c) type
501(c)(3)
Num. employees
3
State
Year formed
1999
Most recent tax filings
2023-12-01
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
$1,710,351
2023
Total expenses
$1,244,030
2023
Total assets
$2,736,516
2023
Num. employees
3
2023

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 600+ 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 eighty (80) 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$32,500
Conference of Consulting Actuaries (CCA)Sponsorship and General Support$20,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$5,250

Personnel at International Association of Black Actuaries

NameTitleCompensation
Dr. Tiffany HolmesExecutive Director$0
Ugo Okpewho, Fsa, MaaaDirector
Catherine WeaverPast Executive Director$86,430
Gloria Gilliam, Acas, MaaaBoard Member$0
Dwayne HusbandsPresident and Director$0
...and 8 more key personnel

Financials for International Association of Black Actuaries

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,535,904
Program services$107,477
Investment income and dividends$66,970
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$1,710,351

Form 990s for International Association of Black Actuaries

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990View PDF
2022-122023-11-14990View PDF
2021-122022-11-02990View PDF
2020-122021-06-16990View PDF
2019-122020-12-16990View PDF
...and 10 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
MembershipsCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
PO Box 24245
Cleveland, OH 44124
Metro area
Cleveland-Elyria, OH
County
Cuyahoga County, OH
Website URL
blackactuaries.org/default.aspx 
Phone
(216) 644-7953
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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