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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$32.8M
+10.2% YoY
Annual Giving
$33K
-30.5% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$33K
-30.5% YoY
About Insurance Council of Texas
Based on IRS filings
Insurance Council of Texas is a nonprofit organization, 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 grants totaling $33K. Net investment income was $976K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $32,784,179 | $29,746,518 | $28,147,609 |
| Revenue | $2,496,269 | $2,083,189 | $12,401,234 |
| Expenses | $1,981,992 | $2,084,608 | $2,633,523 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $976,463 | $633,550 | $-27,545 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Open Grants
1 open opportunity from Insurance Council of Texas
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Albert Betts | Executive Director | 55 | $349,819 |
| Paula Harmon | CFO/COO | 40 | $175,644 |
| Rich Johnson | Director of Communications | 40 | $118,169 |
| Nedra Francisco | Assistant Controller | 40 | $104,433 |
| Angie Cervantes | Govt Legislative Affairs Mgr | 40 | $103,890 |
| Michael Gerik | Chair | 2 | — |
| Thomas Fitzpatrick | Director | 2 | — |
| John Stuckemeyer | Director | 2 | — |
| Robert Zeman | Director | 2 | — |
| Scott Gainey | Director | 2 | — |
| Chris Meredith | Director | 2 | — |
| Diane Hirtz | Director | 2 | — |
| Kari King Dial | Director | 2 | — |
| Jeffry Junkas | Director | 2 | — |
| Angela Doss | Treasurer | 2 | — |
| John Henle | Secretary | 2 | — |
| James Kincaid | Director | 2 | — |
| Sabrina Timmins | Director | 2 | — |
| Kevin Matula | Director | 2 | — |
| Luke Horton | Vice Chair | 2 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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