Insurance Council of Texas logo

Insurance Council of Texas

501(c)(6) organization Austin, TX EIN: 74-2662845 Website

ICTs 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 state legislature Tx Dept. of Insurance.

Insurance Council of Texas at a glance

Total assets
$36,489,091
+11.3% vs 2024
Revenue (2025)
$3,131,858
+25.5% vs 2024
Net investment income (2025)
$1,832,200
+87.6% vs 2024
Expenses (2025)
$2,257,923
+13.9% vs 2024
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated November 2026.

Who Insurance Council of Texas funds

How this funder distributes its grants

Grant Size Distribution

4 grants across all recorded years

3<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 4 (75%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Austin

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

$0$20K$40K$60K$80K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 0 grants2025

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

RecipientPurposeAmount
Insurance Council of Texas Education Foundation Austin, TXScholarships$33,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$36,489,091$3,131,858$2,257,923——$1,832,200
2024$32,784,179$2,496,269$1,981,992$33,0001$976,463
2023$29,746,518$2,083,189$2,084,608$47,5001$633,550
2022$28,147,609$12,401,234$2,633,523$27,0001$-27,545
2021$15,660,796$2,111,004$1,493,700$64,0001$99,352
2020$13,199,879$2,022,156$1,570,256$48,5001$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 2025. As of 2025, the organization holds $36.5M in total assets. Net investment income was $1.8M.

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; 6 of 20 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Albert Betts

    Executive Director

    On filings since 2020

    55 hrs/week

    $289K (2020) → $353K (2025)

  • 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) → $127K (2025)

  • 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

  • Sabrina Timmins

    Director

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Kevin Matula

    Director

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Paula Harmon

    CFO & COO

    On filings since 2020

    40 hrs/week

    $150K (2020) → $201K (2025)

  • Angie Cervantes

    Senior Government & Legislative Affairs Manager

    Govt Legislative Affairs Manager → Senior Government & Legislative Affairs Manager, 2025

    On filings since 2024

    40 hrs/week

    $104K (2024) → $117K (2025)

  • Jon Schnautz

    Legal & Legislative Advocacy Counsel

    New on the 2025 filing

    40 hrs/week

    $262K (2025)

  • Shawnda Ewing

    Hr Manager

    New on the 2025 filing

    40 hrs/week

    $115K (2025)

  • 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 (14)
  • Former: Kari King Dial (2023–2024) — Director
  • Former: Nedra Francisco (2024) — Assistant Controller
  • 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, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Albert Betts — Executive Director: $353KAlbert BettsExecutive Director$353KJon Schnautz — Legal and Legislative Advocacy Counsel: $262KJon SchnautzLegal and Legislative Advocacy…$262KPaula Harmon — CFO/COO: $201KPaula HarmonCFO/COO$201KRich Johnson — Director of Communications: $127KRich JohnsonDirector of Communications$127KAngie Cervantes — Senior Government and Legislative Affairs Manager: $117KAngie CervantesSenior Government and…$117KShawnda Ewing — HR Manager: $115KShawnda EwingHR Manager$115K

The highest reported compensation on the 2025 filing was $353K, to Albert Betts (Executive Director). 6 officers or directors reported compensation on that filing.

Frequently asked questions about Insurance Council of Texas

How large is Insurance Council of Texas?

Insurance Council of Texas reported $36.5M in total assets on its 2025 IRS Form 990. Its revenue that year was $3.1M.

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 2020–2025.

Data last updated November 2026. Sourced from IRS Form 990 filings.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2025 (received by the IRS August 28, 2026)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS September 20, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS August 30, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS August 21, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS November 4, 2025)
  7. 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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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Insurance Council of Texas's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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