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Insurance Trust For Delta Retirees Inc

Organization summary

Type of Nonprofit

Designated as a Voluntary employees' beneficiary associations, which provide payment of life, sickness, accident or other benefits to members.

Category: Mutual/Membership Benefit Organizations, Other / Voluntary Employees Beneficiary Associations (Government) (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$71.1M (2023)

Expenses
$69.7M (2023)

Total Assets
$35M (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$71,095,820
Expenses
$69,653,907
Net Income
$1,441,913
Net Assets
$35,047,627
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $70,070,925
98.6%
Investment Income $1,161,197
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$136,302
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $148,680
0.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $35,047,627
Total Liabilities $0
Net Assets $35,047,627
Compensation
Key Employees and Officers Compensation Related Other
Ted Towne (Chairman) $21,240 $0 $0
Myron Coxe (Vice Chairman) $21,240 $0 $0
Robert Werner (Treasurer) $21,240 $0 $0
Shelly Sullivan (Secretary) $21,240 $0 $0
Brian Earp (Director) $21,240 $0 $0
Bonnie Hirschberg (Director) $21,240 $0 $0
Micky Mccormick Jameson (Director) $21,240 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$70,657,172
Expenses
$69,288,925
Net Income
$1,368,247
Net Assets
$30,445,201
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $69,637,387
98.6%
Investment Income $1,019,785
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $147,563
0.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $30,445,201
Total Liabilities $0
Net Assets $30,445,201
Compensation
Key Employees and Officers Compensation Related Other
Ted Towne (Chairman) $23,010 $0 $0
Myron Coxe (Vice Chairman) $21,240 $0 $0
Bonnie Hirschberg (Secretary) $21,240 $0 $0
Shelly Sullivan (Director) $21,240 $0 $0
Micky Mccormick Jameson (Director) $21,240 $0 $0
Robert Werner (Treasurer) $20,123 $0 $0
Brian Earp (Director) $19,470 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$70,980,760
Expenses
$67,269,559
Net Income
$3,711,201
Net Assets
$33,886,995
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $69,530,133
98.0%
Investment Income $1,450,627
2.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $151,040
0.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $33,886,995
Total Liabilities $0
Net Assets $33,886,995
Compensation
Key Employees and Officers Compensation Related Other
Ted Towne (Chairman) $23,600 $0 $0
Myron Coxe (Vice Chairman) $23,600 $0 $0
Robert Werner (Treasurer) $23,600 $0 $0
Bonnie Hirschberg (Secretary) $23,600 $0 $0
Brian Earp (Director) $18,880 $0 $0
Shelly Sullivan (Director) $18,880 $0 $0
Micky Mccormick Jameson (Director) $18,880 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$69,072,906
Expenses
$66,267,277
Net Income
$2,805,629
Net Assets
$28,309,112
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $68,328,578
98.9%
Investment Income $744,328
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $142,857
0.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $28,309,112
Total Liabilities $0
Net Assets $28,309,112
Compensation
Key Employees and Officers Compensation Related Other
Myron Coxe (Chairman) $25,974 $0 $0
Ted Towne (Vice Chairman) $25,974 $0 $0
Robert Werner (Treasurer) $25,974 $0 $0
Bonnie Hirschberg (Secretary) $25,974 $0 $0
Brian Earp (Director) $12,987 $0 $0
Shelly Sullivan (Director) $12,987 $0 $0
Micky Mccormick Jameson (Director) $12,987 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$65,646,022
Expenses
$62,458,262
Net Income
$3,187,760
Net Assets
$24,478,058
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $64,458,527
98.2%
Investment Income $1,187,495
1.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $64,500
0.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $24,478,058
Total Liabilities $0
Net Assets $24,478,058
Compensation
Key Employees and Officers Compensation Related Other
Robert Werner (Treasurer) $13,000 $0 $0
Myron Coxe (Chairman) $12,000 $0 $0
Ted Towne (Vice Chairman) $12,000 $0 $0
Bonnie Hirschberg (Secretary) $12,000 $0 $0
Brian Earp (Board Member) $6,000 $0 $0
Shelly Sullivan (Board Member) $4,500 $0 $0
Mickey Mccormick Jameson (Board Member) $4,000 $0 $0
Judy Bergstrom (Board Member (Retired)) $1,000 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$66,376,801
Expenses
$62,807,400
Net Income
$3,569,401
Net Assets
$18,818,349
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $65,022,688
98.0%
Investment Income $1,354,113
2.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $56,000
0.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $18,818,349
Total Liabilities $0
Net Assets $18,818,349
Compensation
Key Employees and Officers Compensation Related Other
Myron Coxe (Chairman) $13,000 $0 $0
Ted Towne (Vice Chairman) $12,000 $0 $0
Bonnie Hirschberg (Secretary) $12,000 $0 $0
Robert Werner (Treasurer) $11,000 $0 $0
Judy Bergstrom (Board Member) $6,000 $0 $0
Brian Earp (Board Member) $2,000 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$64,465,869
Expenses
$61,953,829
Net Income
$2,512,040
Net Assets
$17,556,817
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $63,953,622
99.2%
Investment Income $512,247
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $31,505
0.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $17,556,817
Total Liabilities $0
Net Assets $17,556,817
Compensation
Key Employees and Officers Compensation Related Other
Robert Werner (Treasurer) $8,344 $0 $0
Bonnie Hirschberg (Secretary) $8,344 $0 $0
Myron Coxe (Chairman) $7,430 $0 $0
Judy Bergstrom (Board Member) $4,387 $0 $0
Ted Towne (Board Member) $3,000 $0 $0
Terry Seiler (Vice Chairman) $0 $0 $0
Kelley Torpey (Board Member) $0 $0 $0
Barbara Harris (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$63,021,979
Expenses
$59,889,843
Net Income
$3,132,136
Net Assets
$14,219,114
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $62,446,344
99.1%
Investment Income $292,972
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $282,663
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $14,258,454
Total Liabilities $39,340
Net Assets $14,219,114
Compensation
Key Employees and Officers Compensation Related Other
Charles Schwab (Trustee) $1,900 $0 $0
Robert Werner (Chair/Treasurer) $0 $0 $0
Terry Seiler (Vice Chair) $0 $0 $0
Bonnie Hirschberg (Secretary) $0 $0 $0
Judy Bergstrom (Board Member) $0 $0 $0
Paul Schmidt (Board Member) $0 $0 $0
Norma Mc Kechnie (Board Member) $0 $0 $0
Myron Coxe (Board Member) $0 $0 $0
Barbara Harris (Board Member) $0 $0 $0
Kelley Torpey (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$59,672,223
Expenses
$56,708,025
Net Income
$2,964,198
Net Assets
$10,742,740
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $59,406,028
99.6%
Investment Income $217,937
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $48,258
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,771,805
Total Liabilities $29,065
Net Assets $10,742,740
Compensation
Key Employees and Officers Compensation Related Other
Comerica Bank (Trustee) $9,961 $0 $0
Charles Schwab (Trustee) $154 $0 $0
Sandra Rollins (Chair) $0 $0 $0
Bonnie Hirschberg (Vice Chair/Secretary) $0 $0 $0
Robert Werner (Treasurer) $0 $0 $0
Terry Seiler (Vice Chair) $0 $0 $0
Judy Bergstrom (Board Member) $0 $0 $0
Paul Schmidt (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$53,047,583
Expenses
$50,121,415
Net Income
$2,926,168
Net Assets
$7,991,112
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $52,935,841
99.8%
Investment Income $110,992
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $750
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $8,002,481
Total Liabilities $11,369
Net Assets $7,991,112
Compensation
Key Employees and Officers Compensation Related Other
Comerica Bank (Trustee) $11,678 $0 $0
Sandra Rollins (Chair) $0 $0 $0
Bonnie Hirschberg (Vice Chair/Secretary) $0 $0 $0
Bob Werner (Treasurer) $0 $0 $0
Terry Seiler (Board Member) $0 $0 $0
Judy Bergstrom (Board Member) $0 $0 $0
Paul Schmidt (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$26,469
Expenses
$84,940
Net Income
-$58,471
Net Assets
$476,774
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,416
5.3%
Investment Income $22,084
83.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,969
11.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $10,759
12.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $476,774
Total Liabilities $0
Net Assets $476,774
Compensation
Key Employees and Officers Compensation Related Other
Comerica Bank (Trustee) $10,759 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$35,745
Expenses
$76,753
Net Income
-$41,008
Net Assets
$535,245
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,199
3.4%
Investment Income $24,964
69.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $9,582
26.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $11,211
14.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $535,245
Total Liabilities $0
Net Assets $535,245

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$35,542
Expenses
$131,130
Net Income
-$95,588
Net Assets
$576,253
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,436
6.9%
Investment Income $29,382
82.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,724
10.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $11,723
8.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $576,253
Total Liabilities $0
Net Assets $576,253

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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