Georgia Guard Insurance Trust

Organization Overview

Georgia Guard Insurance Trust is located in Rome, GA. The organization was established in 0000. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2021, Georgia Guard Insurance Trust employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgia Guard Insurance Trust is a 501(c)(19) and as such, is described as a "Post or Organization of Past or Present Members of the Armed Forces" by the IRS.

For the year ending 12/2021, Georgia Guard Insurance Trust generated $659.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $714.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 7 years. 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

THE GEORGIA GUARD INSURANCE TRUST WAS FORMED TO PROVIDE GROUP LIFE INSURANCE COVERAGE FOR MEMBERS AND FORMER MEMBERS OF THE GEORGIA NATIONAL GUARD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE GEORGIA GUARD INSURANCE TRUST PROVIDES GROUP LIFE INSURANCE AND DENTAL COVERAGE FOR MEMBERS AND FORMER MEMBERS OF THE GEORGIA NATIONAL GUARD.


SUPPORT LOCAL NATIONAL GUARD ASSOCIATIONS THROUGH SCHOLARSHIPS TO GUARDSMEN OR THEIR DEPENDENTS AND CONTRIBUTE TO LOCAL NATIONAL GUARD ORGANIZATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Marshall Kennemer
Administrator
$81,747
David Harper
Executive Director Of Eang
$3,600
James Dennis
Trustee
$1,200
Jackie Mckennie
Trustee
$200
Mandy Kirschke
President Elect Ngaga
$0
Anthony Poole
Trustee
$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$653,883
Investment income $5,351
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 $659,234

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