EIN 35-0837318

Indiana Compensation Rating Bureau

IRS 501(c) type
501(c)(6)
Num. employees
12
State
Year formed
1935
Most recent tax filings
2022-12-01
Description
Indiana Compensation Rating Bureau is a not-for-profit organization that regulates worker compensation rates in the state of Indiana. The ICRB gathers information from its member companies to establish fair and adequate advisory rates. This information is then submitted to the Indiana Department of Insurance for review and then distributed to all member companies.
Total revenues
$3,585,076
2022
Total expenses
$2,768,653
2022
Total assets
$2,458,743
2022
Num. employees
12
2022

Program areas at Indiana Compensation Rating Bureau

The icrb gathers information from its member companies to establish fair and adequate advisory rates. This information is then submitted to the Indiana department of insurance for review and then distributed to all member companies. In addition to the data-collection and ratemaking functions, the icrb is responsible for various workers Compensation programs including rules promulgation, experience Rating, inspection and classification, assigned-risk administration, industry education and dispute resolution.

Personnel at Indiana Compensation Rating Bureau

NameTitleCompensation
Paul KeathleyInterim President$159,331
Karen ByrdPresident$168,964
Ira Feuerlicht Amer Home Assur CoChairperson$0
Frank Baker Eastern Alliance InsVice Chairperson$0
Duane SchroederVice President$108,368
...and 3 more key personnel

Financials for Indiana Compensation Rating Bureau

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$3,585,076
Investment income and dividends$0
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$3,585,076

Form 990s for Indiana Compensation Rating Bureau

Fiscal year endingDate received by IRSFormPDF link
2022-122023-06-13990View PDF
2021-122022-11-08990View PDF
2020-122021-10-06990View PDF
2019-122021-06-25990View PDF
2018-122020-02-12990View PDF
...and 9 more Form 990s
Data update history
August 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 28, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 6, 2023
Updated personnel
Identified 4 new personnel
June 29, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 1, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Mutual assistance organizationsInsurance companiesEnvironmental organizations
Issues
No issues found
Characteristics
State / local levelManagement and technical assistance
General information
Address
5920 Castleway W Dr 121
Indianapolis, IN 46250
Metro area
Indianapolis-Carmel-Anderson, IN
Website URL
icrb.net/ 
Phone
(317) 842-2800
Twitter profile
@ron_cooper 
IRS details
EIN
35-0837318
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1935
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
Y20: Insurance Providers, Services
NAICS code, primary
524126: Direct Property and Casualty Insurance Carriers
Parent/child status
Independent
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