Nassief Group Reinsurance Ltd

Organization Overview

Nassief Group Reinsurance Ltd is located in Franklin, TN. The organization was established in 1998. According to its NTEE Classification (Y23) the organization is classified as: Mutual Insurance Companies & Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nassief Group Reinsurance Ltd is a 501(c)(15) and as such, is described as a "Mutual Insurance Company or Association" by the IRS.

For the year ending 12/2022, Nassief Group Reinsurance Ltd generated $55.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (54.2%) each year.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

REINSURANCE PROVIDED BY A REINSURER (QUALIFYING AS AN INSURANCE COMPANY FOR FEDERAL TAX PURPOSES) OF INSURANCE PRODUCTS AND CONTRACTS PRODUCTED BY ONE OR MORE AFFILIATED AUTOMOBILE DEALERSHIPS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

REINSURANCE PROVIDED BY A REINSURER (QUALIFYING AS AN INSURANCE COMPANY FOR FEDERAL TAX PURPOSES) OF INSURANCE PRODUCTS AND CONTRACTS PRODUCTED BY ONE OR MORE AFFILIATED AUTOMOBILE DEALERSHIPS.


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Board, Officers & Key Employees

Name (title)Compensation
Marybeth Nassief
Officer / Director / 25% Ownership
$0
Helen Nassief
Vice President / Director / 25% Ownership
$0
Todd Nassief
Officer / Director / 25% Ownership
$0
Sam Nassief
Officer / Director / 25% Ownership
$0
George Nassief
President / Director / 0% Ownership
$0
Ann Nassief
Secretary / Director / 0% Ownership
$0

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$0
Investment income $55
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 $55

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