Program areas at IFB
The Bureau received and evaluated 4,023 suspected insurance fraud referrals from the insurance industry, members of the public and other sources, of which 1,503 were accepted for further investigation, resulting in 1,207 new investigative cases. After initial investigation, 636 cases were closed without criminal prosecution due to insufficient evidence of a crime.
The Bureau referred 156 cases to federal, state, and local prosecutors during the year, and supported those prosecutors in the location of witnesses, witness interviews, delivery of subpoenas and additional investigation. 112 individuals were initially charged with insurance fraud and other crimes during 2023, and court cases involving 169 individuals reached a final disposition.
Personnel at IFB
Name | Title | Compensation | Date of data |
---|
Thomas Simon | Vice President , Administration | $0 | 2022-12-31 |
Anthony Dipaolo | Executive Director | $292,528 | 2024-05-13 |
Laura Kessler | Vice President , General Counsel | $263,716 | 2023-12-31 |
Kendra Smith | Member Services and Events Manager | | 2023-01-22 |
Deborah Terry | Administrative Manager | $129,658 | 2022-12-31 |
...and 2 more key personnel |
Financials for IFB
Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
---|
Total grants, contributions, etc. | $0 | $0 | - |
Program services | $10,623,736 | $10,813,674 | -1.8% |
Investment income and dividends | $364,848 | $180,976 | 101.6% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $10,988,584 | $10,994,650 | -0.1% |
Organizations like IFB
Organization | Type | Location | Revenue |
---|
Wisconsin Compensation Rating Bureau | 501(c)(6) | Waukesha, WI | $10,855,383 |
The Workers Compensation Rating and Inspection Bureau of Massachusetts | 501(c)(6) | Boston, MA | $15,210,321 |
North Carolina Rate Bureau (NCRB) | 501(c)(6) | Raleigh, NC | $18,311,373 |
Pennsylvania Compensation Rating Bureau (PCRB) | 501(c)(6) | Philadelphia, PA | $13,545,302 |
Compensation Advisory Organization of Michigan | 501(c)(6) | Livonia, MI | $3,240,697 |
Washington Surveying & Rating Bureau | 501(c)(6) | Renton, WA | $12,627,511 |
The Surplus Line Association of California | 501(c)(6) | San Ramon, CA | $41,619,024 |
Automobile Insurers Bureau of Massachusetts (AIB) | 501(c)(6) | Boston, MA | $13,440,015 |
Property Insurance Association of La | 501(c)(6) | Metairie, LA | $6,021,410 |
Florida Surplus Lines Service Office (FSLSO) | 501(c)(6) | Tallahassee, FL | $11,156,832 |
Data update history
July 21, 2024
Updated personnel
Identified 1 new personnel
July 15, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 1, 2023
Posted financials
Added Form 990 for fiscal year 2020
July 11, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsCrime and legal aid organizationsInsurance companiesEnvironmental organizationsHeadquarter / parent organizations
Issues
Human servicesCrime and law
Characteristics
State / local level
General information
- Address
- 101 Arch St
- Boston, MA 02110
- Metro area
- Boston-Cambridge-Newton, MA-NH
- County
- Suffolk County, MA
- Website URL
- ifb.org/Â
- Phone
- (617) 439-0439
- Twitter profile
- @theifbÂ
IRS details
- EIN
- 04-3107028
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1991
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- I20: Crime Prevention
- NAICS code, primary
- 524126: Direct Property and Casualty Insurance Carriers
- Parent/child status
- Central organization
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