INSURANCE COMPANY SUPPORTED ORGANIZATIONS GROUP BENEFIT PLAN (EIN 237258552) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1966

Principal Officer

RON CASSESSO

Phone

3178755250

Tax Period

2024-01-01 to 2024-12-31

INSURANCE COMPANY SUPPORTED ORGANIZATIONS GROUP BENEFIT PLAN, founded in 1966, is a mid-sized nonprofit in the Mutual Benefit sector that reported $13.9M in total revenue in fiscal year 2024.

Mission

ICSO H&W PROVIDES SIMPLIFIED ADMINISTRATION, EXPERT ADVICE, AND ACCESS TO A UNIQUE MIX OF EMPLOYEE BENEFITS PRODUCTS FOR INSURANCE COMPANY SUPPORTED ORGANIZATIONS, THEIR EMPLOYEES, AND RETIREES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $13,766,928

Investment Income $94,803

Other Revenue $0

TOTAL REVENUE $13,861,731

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,000

Fundraising Expenses $0

Other Expenses $531,098

TOTAL EXPENSES $13,590,099

Year-over-Year Comparison

	2024	2023	Change
Revenue	$13,861,731	$12,938,652	+0.1%
Expenses	$13,590,099	$12,603,169	+0.1%
Net Income	$271,632	$335,483	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$20,000

Total Directors

$20,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RON CASSESSO	CHAIRMAN	2.00	Officer Director	$20,000	$0	$20,000
HEIDI WEBER	VICE CHAIRMA	1.00	Officer Director	$0	$0	$0
DAVID MIDDLETON	TREASURER	1.00	Officer Director	$0	$0	$0
GREGG DYKSTRA	SECRETARY	1.00	Officer Director	$0	$0	$0
SHAWN BRACE	TRUSTEE	1.00	Director	$0	$0	$0
SUSAN ERNEY-GLEASON	TRUSTEE	1.00	Director	$0	$0	$0
LATOYA HINES	TRUSTEE	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$13,861,731	$13,590,099	$4,361,629	$271,632
2023	$12,938,652	$12,603,169	$4,610,769	$335,483
2022	$12,790,785	$12,692,906	$4,060,285	$97,879
2021	$11,049,742	$10,957,172	$3,519,913	$92,570
2020	$10,037,655	$9,981,524	$3,276,870	$56,131
2019	$9,214,742	$9,164,304	$3,186,245	$50,438

INSURANCE COMPANY SUPPORTED ORGANIZATIONS GROUP BENEFIT PLAN