Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1983.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
67 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
20 people listed on the 990; $469K paid to officers and key staff.
Compensation history total reportable pay by year · 4 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Grace Grant | $228,540 | $196,165 | $163,750 | $150,000 | $114,465 |
| Noelle Codispoti | — | — | — | — | $171,091 |
| Nikia Stowe | $123,540 | — | — | — | — |
| Alyssa Bouchard | $116,680 | $104,567 | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Promotes student interest in insurance, risk management, and actuarial science careers through professional development, mentorship, and networking opportunities.
Questions for Gamma Iota Sigma
Your first name shows with your question. Gamma Iota Sigma answers here, for everyone.
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Conferences
Gamma iota sigma (gis) conducts core programming each year through its regional conference series, allies in insurance workshops, leadership symposium, and annual conference. In 2024, these programs engaged over 1,300 students representing more than 100 colleges and universities NATIONWIDE.(CONTINUED on schedule o)the regional conference…
Membership and Chapter Operations
Gamma iota sigma produces student newsletters, industry newsletters, and other communications to inform members about organizational activities, opportunities, and industry developments. Gis provides career guidance office hours to connect students with members of the board of trustees and advisory council for mentorship and career…
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.0M | $766K |
| InvestmentsLn 11–13 | $205K | $210K |
| Land, buildings, equipmentLn 10c | $961 | $751 |
| Total assetsLn 16 | $1.4M | $1.1M |
| LiabilitiesLn 26 | $470K | $123K |
| Net assetsLn 32 | $961K | $1.0M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic individualsLn 2 | $2K | $2K | ||
| Pay of current officers, directors and key staffLn 5 | $234K | $70K | $93K | $70K |
| Other salaries and wagesLn 7 | $436K | $278K | $86K | $72K |
| Pension plan contributionsLn 8 | $46K | $26K | $14K | $6K |
| Other employee benefitsLn 9 | $31K | $16K | $10K | $4K |
| Payroll taxesLn 10 | $54K | $28K | $14K | $12K |
| Legal feesLn 11b | $315 | $315 | ||
| Accounting feesLn 11c | $60K | $60K | ||
| Other fees for servicesLn 11g | $7K | $3K | $3K | |
| Advertising and promotionLn 12 | $4K | $4K | ||
| Office expensesLn 13 | $36K | $24K | $11K | $2K |
| Information technologyLn 14 | $28K | $26K | $1K | |
| TravelLn 17 | $31K | $30K | $24 | $702 |
| Conferences, conventions and meetingsLn 19 | $540K | $534K | $7K | |
| Depreciation, depletion and amortizationLn 22 | $210 | $110 | $57 | $43 |
| InsuranceLn 23 | $16K | $8K | $4K | $3K |
| Other expenses (24a–d)Ln 24 | $7K | $7K | ||
| Total functional expensesLn 25 | $1.5M | $1.0M | $334K | $171K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $1.6M | $1.5M | $60K | $1.0M | 990 PDF |
| FY2023 | $1.5M | $1.5M | $64K | $961K | 990 PDF |
| FY2022 | $1.6M | $1.1M | $406K | $1.1M | 990 PDF |
| FY2021 | $1.1M | $933K | $194K | $717K | 990 PDF |
| FY2020 | $1.2M | $900K | $290K | $524K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $1,591,376 revenue, 12 lines filed
Part VI · Governance 13 of 14 board members independent, 1 to look at
Part VIII · Statement of revenue $1,591,376 across 5 lines filed
Part IX · Statement of functional expenses $1,531,092 across 17 lines filed
Part X · Balance sheet $1,141,555 assets, 16 lines filed
Part XI · Reconciliation of net assets $1,018,152 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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