National Insurance Crime Bureau
- Assets
- $78.0m
- Revenue
- $72.4m
- Investments
- $0.0
- Employees
- 413
- Location
- Des Plaines, IL
- Founding
- 12/1994
- Data as of
- 12/2021
- EIN
- 36-3776789
Organization Overview
National Insurance Crime Bureau, operating under the name Nicb, is located in Des Plaines, IL. The organization was established in 1994. According to its NTEE Classification (I20) the organization is classified as: Crime Prevention, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2021, Nicb employed 413 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nicb is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Nicb generated $72.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $64.7m during the year ending 12/2021. While expenses have increased by 3.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO LEAD A UNITED EFFORT OF INSURERS, LAW ENFORCEMENT AND REPRESENTATIVES (CONTINUED IN SCH O) OF THE PUBLIC TO PREVENT AND COMBAT INSURANCE FRAUD AND CRIME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INVESTIGATIONS - NICB'S INVESTIGATIVE EFFORTS PRODUCED 2790 PROSECUTIVE ADMINISTRATIVE ACTIONS (PAA) RELATED TO MEDICAL FRAUD, 3940 IN THE COMMERCIAL FRAUD SEGMENT, AND 3990 IN THE ORGANIZED VEHICLE CRIME SEGMENT.
GEOSPATIAL IMAGERY - PROVIDED INSURANCE INDUSTRY AND FIRST RESPONDERS WITH GEOSPATIAL SUPPORT AND ANALYTICS IN DISASTER SITUATIONS. IN 2021, GIC COLLECTED IMAGERY OF TORNADO DAMAGE THAT OCCURRED THROUGHOUT THE SOUTHEAST UNITED STATES IN EARLY 2021. THROUGOUT THE YEAR, IMAGERY WAS PROVIDED TO EMERGENCY RESPONSDERS, LAW ENFORCEMENT, AND THE INSURANCE INDUSTRY, IN SUPPORT OF THEIR EFFORTS TO ADDRESS THE LARGE WILDLAND FIRES THAT OCCURRED IN CALIFORNIA, COLORADO, AND OREGON. THESE FIRES DESTROYED NEARLY 6000 PROPERTIES AND IMPACTED OVER THREE MILLION ACRES. IMAGERY WAS ALSO PROVIDED TO EMERGENCY RESPONDERS AND THE INSURANCE INDUSTRY DURING THE AFTERMATH OF HURRICANE IDA, WHICH CAUSED DAMAGE THROUGHOUT LOUISIANA IN LATE AUGUST. THE IMAGERY COLLECTED AFTER THE DECEMBER TORNADOES, WHICH CAUSED MASSIVE DAMAGE (CONTINUED IN SCH O) IN KENTUCKY, ARKANSAS, ILLINOIS, MISSOURI, AND TENNESEE, WERE OF MAJOR SUPPORT TO THE EMERGENCY RESPONSE EFFORTS IN THOSE AREAS, AS WELL AS THE SUPPORT IT PROVIDED TO THE EFFORTS OF THE INSURANCE INDUSTRY.
INTELLIGENCE AND ANALYTICS - PUBLISHED 813 MEDAWARE ALERTS, DISSEMINATED 655 SUSPECT VEHICLE LEADS FOR INVESTIGATION AND POTENTIAL RECOVERY.
LEARNING AND DEVELOPMENT - CONDUCTED 2,457 HOURS OF EDUCATION TO MEMBER COMPANIES AND KEY PARTNERS, 263 HOURS TO LAW ENFORCEMENT PERSONNEL. RECORDED 155,399 VIEWS ON LEARNING ASSETS WHICH INCLUDES ELEARNING COURSES, VIRTUAL TRAINING AND VIDEO LIBRARY. RECEIVED 456 TRAINING ENGAGEMENT REQUESTS.EXPENSES = $3,515,415GRANTS = $ 0REVENUE = $4,022,607COMMUNICATIONS AND STRATEGY, POLICY & GOVERNMENT AFFAIRS - NICB LED ENGAGED IN LEGISLATIVE/REGULATORY EFFORTS IN CONJUNCTION WITH MEMBERS, TRADE GROUPS, AND ANTI-FRAUD GROUPS IN VARIOUS STATES, INCLUDING SOUTH CAROLINA (RESTRUCTURING FRAUD BUREAU'S OPERATIONS) AND ILLINOIS (CHICAGO TOWING ACTIVITIES REFORM). TRACKED VARIOUS ANTI-FRAUD LEGISLATION AND SPECIFICALLY 40 CONSUMER DATA PRIVACY BILLS IN 25 STATES, PROVIDED IN-PERSON TESTIMONY, AND WORKED CLOSELY WITH LEGISLATORS AND THEIR STAFF TO SUGGEST AMENDMENTS IN VIRGINIA, NEW YORK, OHIO, COLORADO, WASHINGTON STATE, AND D.C. DEVELOPED 15 PSA'S RELATING TO CONTRACTOR FRAUD, AUTO THEFT, AND FLOODED VEHICLES. PRODUCED 3 MULTIMEDIA RELEASES ON INSURANCE FRAUD.EXPENSES = $3,715,656GRANTS = $ 0REVENUE = $4,269,171
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Glawe Chief Executive Officer | Officer | 50 | $794,980 |
Timothy R Slater Chief Operating Officer | Officer | 50 | $376,259 |
Thomas P Martin General Counsel/secretary | Officer | 50 | $335,044 |
John Selleck Vice President/oia | Officer | 40 | $295,306 |
Dan Abbott Vice President/pems | Officer | 40 | $287,060 |
James Berry Vp/learning & Development | Officer | 40 | $244,686 |
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 | $67,285,364 |
| Investment income | $1,556,882 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,533,537 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $72,381,622 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,867,353 |
| Compensation of current officers, directors, key employees. | $157,212 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $29,287,310 |
| Pension plan accruals and contributions | -$2,773,000 |
| Other employee benefits | $10,095,117 |
| Payroll taxes | $2,406,990 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $123,904 |
| Fees for services: Accounting | $108,171 |
| Fees for services: Lobbying | $96,271 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $113,061 |
| Fees for services: Other | $1,327,732 |
| Advertising and promotion | $62,669 |
| Office expenses | $4,647,732 |
| Information technology | $1,057,445 |
| Royalties | $0 |
| Occupancy | $1,398,619 |
| Travel | $218,527 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $178,587 |
| Interest | $5,665 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $462,295 |
| Insurance | $902,465 |
| All other expenses | $5,102 |
| Total functional expenses | $64,676,141 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $898 |
| Savings and temporary cash investments | $15,104,620 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,903,844 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,211,810 |
| Net Land, buildings, and equipment | $592,473 |
| Investments—publicly traded securities | $57,856,750 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $288,114 |
| Total assets | $77,958,509 |
| Accounts payable and accrued expenses | $6,436,804 |
| Grants payable | $0 |
| Deferred revenue | $454,524 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $20,716,456 |
| Total liabilities | $27,607,784 |
| Net assets without donor restrictions | $50,340,188 |
| Net assets with donor restrictions | $10,537 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $77,958,509 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Insurance Crime Bureau Des Plaines, IL | $77,958,509 | $72,381,622 |
Full Employment Council Inc Kansas City, MO | $3,363,395 | $10,844,507 |
Institute For Nonviolence Chicago Chicago, IL | $2,088,046 | $4,914,661 |
Safe & Sound Inc Milwaukee, WI | $2,851,655 | $2,917,931 |
Woods Foundation Lincoln, IL | $16,009,690 | $1,294,401 |
Public Equity Homewood, IL | $154,010 | $851,041 |
W A V E Educational Fund Inc Milwaukee, WI | $873,397 | $669,330 |
St Louis Regional Crime Commission Saint Louis, MO | $553,196 | $598,249 |
Safe And Sound A Sandy Hook Initiative Inc Webb City, MO | $206,813 | $578,029 |
Central West End Neighborhood Security Initiative St Louis, MO | $677,156 | $579,636 |
Missing Pieces Community Development Corporation Evansville, IN | $165,860 | $419,123 |
National Conference For Community And Justice Of Metro St Louis Saint Louis, MO | $370,458 | $575,684 |