Insurance Council of Texas
The organizations mission is to represent its member companies in the regulatory process stay abreast of the events which affect the Tx property casualty insurance industry. It makes recommendations presents testimony on members behalf with the Tx Dept. of Insurance with respect to rates, forms, rules and other issues facing PC insurers.
Insurance Council of Texas at a glance
In short: Insurance Council of Texas gave $33K across 1 grant in 2024 (avg $33K), mostly in Texas. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $33,000
- -30.5% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $33,000
- -30.5% vs 2023
- Median grant
- $33,000
- Total assets
- $32,784,179
- +10.2% vs 2023
- Primary geography
- Texas (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Insurance Council of Texas funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Insurance Council of Texas Education Foundation ($33K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Insurance Council of Texas gives
- Giving fell 48% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $27K (2022) to $64K (2021). In 2024 it made 1 grant totaling $33K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Insurance Council of Texas Education Foundation Austin, TX | Scholarships | $33,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $32,784,179 | $2,496,269 | $1,981,992 | $33,000 | 1 | $976,463 |
| 2023 | $29,746,518 | $2,083,189 | $2,084,608 | $47,500 | 1 | $633,550 |
| 2022 | $28,147,609 | $12,401,234 | $2,633,523 | $27,000 | 1 | $-27,545 |
| 2021 | $15,660,796 | $2,111,004 | $1,493,700 | $64,000 | 1 | $99,352 |
| 2020 | $13,199,879 | $2,022,156 | $1,570,256 | $48,500 | 1 | $100,429 |
About Insurance Council of Texas
Based on IRS filings
Insurance Council of Texas is a public charity, based in Austin, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $32.8M in total assets. In 2024, it awarded 1 grant totaling $33K. Net investment income was $976K.
Leadership & Key People
Officers and directors from IRS filings
Insurance Council of Texas is led by Albert Betts, Executive Director on every filing since 2020; 5 of 20 officers listed in 2024 are compensated.
Officers on the 2024 filing
Albert Betts
Executive Director
On filings since 2020
55 hrs/week
$289K (2020) → $350K (2024)
Michael Gerik
Chair
Secretary → Vice Chair, 2022
Vice Chair → Chair, 2024
On filings since 2020
2 hrs/week
No compensation reported
Rich Johnson
Director of Communications
On filings since 2022
40 hrs/week
$109K (2022) → $118K (2024)
John Stuckemeyer
Director
Chair → Immediate Past Chair, 2022
Immediate Past Chair → Director, 2024
On filings since 2020
2 hrs/week
No compensation reported
Robert Zeman
Director
On filings since 2020
2 hrs/week
No compensation reported
Scott Gainey
Director
On filings since 2020
2 hrs/week
No compensation reported
Thomas Fitzpatrick
Director
Immediate Past Chair → Director, 2022
On filings since 2020
2 hrs/week
No compensation reported
Chris Meredith
Director
On filings since 2023
2 hrs/week
No compensation reported
Diane Hirtz
Director
On filings since 2023
2 hrs/week
No compensation reported
James Kincaid
Director
On filings since 2023
2 hrs/week
No compensation reported
Jeffry Junkas
Director
On filings since 2023
2 hrs/week
No compensation reported
Kari King Dial
Director
On filings since 2023
2 hrs/week
No compensation reported
Sabrina Timmins
Director
On filings since 2023
2 hrs/week
No compensation reported
Kevin Matula
Director
New on the 2024 filing
2 hrs/week
No compensation reported
Paula Harmon
CFO & COO
On filings since 2020
40 hrs/week
$150K (2020) → $176K (2024)
Angie Cervantes
Govt Legislative Affairs Manager
New on the 2024 filing
40 hrs/week
$104K (2024)
Nedra Francisco
Assistant Controller
New on the 2024 filing
40 hrs/week
$104K (2024)
Angela Doss
Treasurer
Director → Treasurer, 2024
On filings since 2020
2 hrs/week
No compensation reported
Luke Horton
Vice Chair
Director → Secretary, 2022
Secretary → Vice Chair, 2024
On filings since 2020
2 hrs/week
No compensation reported
John Henle
Secretary
Director → Secretary, 2024
On filings since 2022
2 hrs/week
No compensation reported
Former officers (12)
- Former: John Schramm (2020–2023) — Chair
- Former: Angie Dietz (2022–2023) — Hr Manager
- Former: Frank Galitski (2020–2022) — Director
- Former: Gerald Ladner (2020–2022) — Treasurer
- Former: Joseph Johnson (2020–2022) — Director
- Former: Kari King (2020–2022) — Director
- Former: Jed Kincaid (2022) — Director
- Former: Fred Stadelbauer (2020–2021) — Director
- Former: Keith Mitchell (2020–2021) — Treasurer
- Former: Angelita Dietz (2021) — Human Resources Manager
- Former: Camille Garcia (2020) — Manager
- Former: Tom Greenfield (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $350K, to Albert Betts (Executive Director). 5 officers or directors reported compensation on that filing.
Frequently asked questions about Insurance Council of Texas
How much does Insurance Council of Texas give each year?
Insurance Council of Texas gave $33K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $48K across 1 grant.
How large is Insurance Council of Texas?
Insurance Council of Texas reported $32.8M in total assets on its 2024 IRS Form 990. Its revenue that year was $2.5M.
Where does Insurance Council of Texas operate?
Insurance Council of Texas has awarded grants in Texas.
What is Insurance Council of Texas's EIN?
Insurance Council of Texas's EIN (Employer Identification Number) is 74-2662845. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS September 20, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS August 30, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 21, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 4, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Insurance Council of Texas's focus areas in our free grants database
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Insurance Council of Texas down — hundreds of funders to go?