Insurance Board
Legal name: United Church Insurance Association
Nonprofit profile at a glance
- EIN
- 942966836
- IRS 990 coverage
- 2019–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Cleveland, OH, United States
- Phone
- 1-800-437-8830
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Insurance Providers
- Affiliation
- Christianity
Reported finances
- Revenue
- $87,827,463
- Expenses
- $80,050,957
- Assets
- $33,628,968
- Liabilities
- $11,880,947
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
27 people listed
Executive titles in this filing
- TIMOTHY HARRIS (PRESIDENT/ CEO)
Highest reported compensation
- TIMOTHY HARRIS (PRESIDENT/ CEO): $605,688 total reported compensation
- ANDREA GAUDING (SR. VP/CFO): $344,266 total reported compensation
- JAMES HOWARD (V/P OPERATIONS): $276,212 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Protection, from Experts Who Understand Churches. Insurance Board provides tailored church insurance and risk management so you can focus on what matters most: your congregation and your mission. Insurance Board agents are exclusively appointed because of their understanding of, and compassion for, the churches we serve. Each one is an independent licensed professional. We are extremely honored to have each member on our team working to help you prevent loss and serving you if loss occurs. Select State Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island Sout.
What it reported doing in 2024
Provide a cost efficient, integrated risk management and insurance program for the benefit of churches, conferences, regions, synods, presbyteries, and related ministries within the denominations we serve.
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some related-organization disclosures are missing and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 71
- Accountability: 100
- Sustainability: 50
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.6%; rating input score 89
- Program expense ratio: 98%; rating input score 98
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Scored; rating input score 0
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 8.9%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 0.42; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: 0.35; rating input score 50; 50th percentile among comparable filings
- Officer compensation ratio: 2.1%; rating input score 54; 54th percentile among comparable filings
Growth
- Program expense growth: 7.4% per year; rating input score 100; 60th percentile among comparable filings
- Revenue growth: 9.9% per year; rating input score 100; 76th percentile among comparable filings
- Asset growth: 18.6% per year; rating input score 100; 92nd percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 88.6% of revenue deployed · 98% of spending went to programs
- Governance: 21 of 21 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $78.4M in reported program spending
- Leadership: top reported pay $606K · 27 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $2.8M reported
- Consistency: 29 of 29 current checks pass
- Schedules: 5 filed schedules · includes executive pay and related organizations
- Filing history: 5 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 15/100.
- Review — Sustainability: Liabilities to assets ratio scored 50/100.
- Review — Sustainability: Officer compensation ratio scored 54/100.