Isda Fraternal Association

Organization Overview

Isda Fraternal Association, operating under the name Isda Financial Life, is located in Pittsburgh, PA. The organization was established in 1963. According to its NTEE Classification (Y40) the organization is classified as: Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2021, Isda Financial Life employed 11 individuals. This organization is the central organization for a national or regional group of organizations. Isda Financial Life is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.

For the year ending 12/2021, Isda Financial Life generated $84.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 35.4% each year . All expenses for the organization totaled $81.1m during the year ending 12/2021. While expenses have increased by 36.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE FRATERNAL BENEFITS TO MEMBERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE BENEFITS TO MEMBERS


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Board, Officers & Key Employees

Name (title)Compensation
James Laick
Sales Manager
$151,817
Joann Blackwell
Controller
$125,750
Basil Russo
President
$57,692
Joseph Rosalina
Vice President
$38,462
Anthony Basso
Director
$0
Angelo Ciambrone
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Miller & Newberg Inc
Actuarial Services
$139,962
Endepersis Fraternal Consultants
Fraternal Consultants
$108,853
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$72,315,940
Investment income $12,170,144
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $84,487,540

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Isda Fraternal Association has recieved totaling $6,787.

Awarding OrganizationAmount
Ohio Isda Community Foundation Inc

Cleveland, OH

PURPOSE: AWARDS & WORKSHOPS PRESENTATION PROGRAM IN WASHINGTON DC

$6,787
View Grant Recipient Profile

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