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Independent Colleges & Universities Benefits Association Inc

Icuba

Organization summary

Type of Nonprofit

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

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$99.2M (2023)

Expenses
$97.8M (2023)

Total Assets
$57M (2023)

Total Liabilities
$29.8M (2023)

Source: Form 990 tax filings from 2012 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 March
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$99,220,821
Expenses
$97,761,105
Net Income
$1,459,716
Net Assets
$27,208,875
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $98,738,571
99.5%
Investment Income $482,250
0.5%
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 $861,669
0.9%
Professional Fundraising Fees $0
Other Salaries and Wages $580,233
0.6%
Assets/Debt
Total Assets $56,965,522
Total Liabilities $29,756,647
Net Assets $27,208,875
Compensation
Key Employees and Officers Compensation Related Other
Mark Weinstein (President & Ceo) $307,373 $0 $10,948
Paula Hedayat (Cfo) $240,385 $0 $9,217
Mary J Hatch (Coo) $224,591 $0 $9,513
Emily C Stovall (Coo) $59,642 $64,583 $0
Donna Popovich (Chairman) $0 $257,520 $41,506
Jeff Role (Director) $0 $241,500 $24,150
Jennifer Boyd Pugh (Treasurer) $0 $223,150 $11,873
Tom Hartnett (Director) $0 $184,753 $17,412
John Lapham (Director) $0 $149,976 $0
Mona Hicks (Director) $0 $119,433 $0
Jennifer Addleman (Director) $0 $85,096 $21,238
John Nisbet (Director) $0 $95,000 $0
Rochelle Greaves (Director) $0 $82,616 $0
Janet Craigmiles (Director) $0 $80,797 $0
Melissa Huggins (Director) $0 $52,703 $0

Document Links

Fiscal Year Ending March
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$98,817,940
Expenses
$97,258,575
Net Income
$1,559,365
Net Assets
$27,228,805
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $98,759,119
99.9%
Investment Income $58,821
0.1%
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 $787,821
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $501,967
0.5%
Assets/Debt
Total Assets $55,882,543
Total Liabilities $28,653,738
Net Assets $27,228,805
Compensation
Key Employees and Officers Compensation Related Other
Mark Weinstein (President & Ceo) $314,720 $0 $10,191
Paula Hedayat (Cfo) $230,463 $0 $8,463
Mary J Hatch (Coo) $215,210 $0 $8,774
John Nisbet (Director) $0 $303,211 $31,926
Donna Popovich (Chairman) $0 $221,304 $40,725
Jeff Role (Director) $0 $193,537 $32,407
Jennifer Boyd Pugh (Treasurer) $0 $201,645 $11,176
Tom Hartnett (Director) $0 $170,217 $33,161
John Lapham (Director) $0 $143,391 $0
Mona Hicks (Director) $0 $121,724 $14,448
Jennifer Addleman (Director) $0 $86,838 $12,411
Janet Craigmiles (Director) $0 $79,142 $0
Rochelle Greaves (Director) $0 $74,566 $0

Document Links

Fiscal Year Ending March
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$98,027,937
Expenses
$91,825,916
Net Income
$6,202,021
Net Assets
$27,145,885
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $97,918,244
99.9%
Investment Income $109,693
0.1%
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 $753,876
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $431,556
0.5%
Assets/Debt
Total Assets $59,194,867
Total Liabilities $32,048,982
Net Assets $27,145,885
Compensation
Key Employees and Officers Compensation Related Other
Mark Weinstein (President & Ceo) $298,623 $0 $10,006
Paula Hedayat (Cfo) $224,219 $0 $8,061
Mary J Hatch (Coo) $204,607 $0 $8,360
John Nisbet (Director) $0 $303,211 $47,163
Donna Popovich (Chairman) $0 $214,834 $40,754
Jennifer Boyd Pugh (Treasurer) $0 $145,000 $0
John Lapham (Director) $0 $140,312 $0
Mona Hicks (Director) $0 $130,606 $0
Dondi Kuennen (Director) $0 $107,307 $0
Jennifer Addleman (Director) $0 $91,099 $0
Janet Craigmiles (Director) $0 $74,502 $0
Emily Stovall (Director) $0 $68,307 $0
Rochelle Greaves (Director) $0 $67,000 $0
Christina Wilkinson (Director) $0 $62,700 $0

Document Links

Fiscal Year Ending March
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$100,439,431
Expenses
$94,928,072
Net Income
$5,511,359
Net Assets
$19,280,472
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $99,963,394
99.5%
Investment Income $476,037
0.5%
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 $653,209
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $416,129
0.4%
Assets/Debt
Total Assets $45,278,258
Total Liabilities $25,997,786
Net Assets $19,280,472
Compensation
Key Employees and Officers Compensation Related Other
Mark Weinstein (President & Ceo) $238,674 $0 $9,698
Mary J Hatch (Coo) $198,221 $0 $7,974
Paula Hedayat (Cfo) $190,976 $0 $7,666
John Nisbet (Director) $0 $276,261 $8,739
Donna Popovich (Vice Chair) $0 $210,964 $36,360
Jennifer Boyd Pugh (Treasurer) $0 $180,522 $10,179
Diane Emery (Director) $0 $131,952 $0
Mona Hicks (Director) $0 $102,928 $17,970
Dondi Kuennen (Director) $0 $93,925 $0
Tom Brown (Secretary) $0 $90,057 $0
Emily Stovall (Director) $0 $52,336 $28,434
Jennifer Addleman (Director) $0 $71,619 $4,370
Janet Craigmiles (Director) $0 $68,360 $0
Rochelle Greaves (Director) $0 $63,625 $0

Document Links

Fiscal Year Ending March
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$94,801,210
Expenses
$97,695,158
Net Income
-$2,893,948
Net Assets
$15,434,923
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $94,399,509
99.6%
Investment Income $401,701
0.4%
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 $678,463
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $276,986
0.3%
Assets/Debt
Total Assets $39,643,613
Total Liabilities $24,208,690
Net Assets $15,434,923
Compensation
Key Employees and Officers Compensation Related Other
Mark Weinstein (President & Ceo) $266,561 $0 $9,355
Paula Hedayat (Cfo) $202,008 $0 $7,316
Mary J Hatch (Coo) $185,643 $0 $7,580
Dondi Kuennen (Director) $0 $112,500 $0
Matt Hawks (Director) $0 $139,954 $0
Mona Hicks (Director) $0 $99,640 $15,935
Emily Stovall (Director) $0 $48,222 $27,118
Maria Martinez (Director) $0 $171,448 $26,024
Jennifer Boyd Pugh (Treasurer) $0 $152,413 $10,134
Janet Craigmiles (Director) $0 $54,844 $0
Donna Popovich (Vice Chair) $0 $210,069 $37,330
John Nisbet (Director) $0 $183,028 $15,646
Tom Brown (Secretary) $0 $86,379 $4,319
Beth Zamerski (Director) $0 $131,905 $12,269
Diane Emery (Director) $0 $129,656 $0

Document Links

Fiscal Year Ending March
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$90,591,354
Expenses
$88,898,254
Net Income
$1,693,100
Net Assets
$19,933,588
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $90,368,576
99.8%
Investment Income $222,778
0.2%
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 $676,672
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $297,840
0.3%
Assets/Debt
Total Assets $46,783,686
Total Liabilities $26,850,098
Net Assets $19,933,588
Compensation
Key Employees and Officers Compensation Related Other
Mark Weinstein (President & Ceo) $275,128 $0 $9,355
Paula Hedayat (Cfo) $191,103 $0 $7,316
Mary J Hatch (Coo) $186,190 $0 $7,580
Cathy Wood (Director) $0 $331,800 $0
Lisa Kemph (Director) $0 $128,125 $0
Mona Hicks (Director) $0 $98,550 $15,716
Emily Stovall (Director) $0 $48,009 $25,161
Maria Martinez (Director) $0 $169,538 $24,717
Jennifer Boyd Pugh (Treasurer) $0 $145,000 $0
Donna Popovich (Vice Chair) $0 $185,200 $30,377
Sheri Neshiem (Director) $0 $140,000 $0
Tom Brown (Secretary) $0 $83,866 $4,193
Beth Zamerski (Director) $0 $115,028 $32,932
Diane Emery (Director) $0 $117,833 $0

Document Links

Fiscal Year Ending March
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$87,010,828
Expenses
$85,347,438
Net Income
$1,663,390
Net Assets
$18,240,488
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $86,875,813
99.8%
Investment Income $135,015
0.2%
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 $619,492
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $297,940
0.3%
Assets/Debt
Total Assets $41,161,760
Total Liabilities $22,921,272
Net Assets $18,240,488
Compensation
Key Employees and Officers Compensation Related Other
Mark Weinstein (President & Ceo) $253,824 $0 $8,953
Paula Hedayat (Cfo) $177,651 $0 $6,335
Mary J Hatch (Coo) $165,840 $0 $6,889
Cathy Wood (Director) $0 $330,493 $27,872
Lisa Kemph (Director) $0 $115,371 $0
Mona Hicks (Secretary) $0 $98,495 $15,459
Emily Stovall (Director) $0 $46,166 $22,138
Maria J Martinez (Director) $0 $169,388 $26,233
Jennifer Boyd Pugh (Chairman) $0 $135,011 $0
Donna Popovich (Director) $0 $230,425 $0
Eric Weekes (Vice Chair) $0 $290,226 $29,950
Tom Brown (Director) $0 $81,166 $15,000
Beth Zamerski (Director) $0 $112,570 $27,110
Diane Emery (Director) $0 $130,000 $0

Document Links

Fiscal Year Ending March
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$83,434,854
Expenses
$81,378,448
Net Income
$2,056,406
Net Assets
$16,577,098
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $83,307,130
99.8%
Investment Income $127,724
0.2%
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 $595,894
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $378,425
0.5%
Assets/Debt
Total Assets $38,850,683
Total Liabilities $22,273,585
Net Assets $16,577,098
Compensation
Key Employees and Officers Compensation Related Other
Mark Weinstein (President & Ceo) $238,389 $0 $8,397
Paula Hedayat (Cfo) $172,737 $0 $5,890
Mary J Hatch (Coo) $163,930 $0 $6,551
Cathy Wood (Director) $0 $123,233 $0
Lisa Kemph (Director) $0 $122,167 $0
Mona Hicks (Secretary) $0 $95,510 $15,482
Nancy Horbert (Director) $0 $63,800 $0
Maria J Martinez (Director) $0 $163,977 $21,973
Ernestine Robinson (Director) $0 $70,000 $0
Jennifer Boyd Pugh (Chairman) $0 $145,000 $0
Donna Popovich (Director) $0 $159,956 $0
Eric Weekes (Vice Chair) $0 $269,166 $51,010
Tom Brown (Director) $0 $44,521 $8,900
Randy Livingston (Treasurer) $0 $120,000 $0
Beth Zamerski (Director) $0 $94,550 $0
Jessica Stewart (Director) $0 $40,014 $6,384
Diane Emery (Director) $0 $92,266 $0

Document Links

Fiscal Year Ending March
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$79,892,555
Expenses
$78,671,388
Net Income
$1,221,167
Net Assets
$14,520,692
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $79,835,060
99.9%
Investment Income $57,495
0.1%
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 $550,267
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $403,494
0.5%
Assets/Debt
Total Assets $34,602,291
Total Liabilities $20,081,599
Net Assets $14,520,692
Compensation
Key Employees and Officers Compensation Related Other
Mark Weinstein (President & Ceo) $227,327 $0 $7,996
Paula Hedayat (Cfo) $152,656 $0 $5,411
Mary J Hatch (Coo) $150,616 $0 $6,261
Randy Livingston (Treasurer) $0 $121,433 $7,515
Lisa Kemph (Director) $0 $103,396 $0
Mona Hicks (Secretary) $0 $92,161 $14,591
Nancy Horbert (Director) $0 $49,105 $0
Maria J Martinez (Director) $0 $160,657 $23,593
Jessica Stewart (Director) $0 $40,014 $0
Donna Popovich (Director) $0 $152,620 $0
Eric Weekes (Director) $0 $156,684 $15,348
Kimberly Baggett (Director) $0 $63,198 $0
Valerie Williams (Director) $0 $65,220 $0
Beth Zamerski (Director) $0 $76,852 $23,018
Jennifer Boyd Pugh (Director) $0 $131,560 $0
Robert Pietrykowski (Chairman) $0 $245,378 $0

Document Links

Fiscal Year Ending March
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$77,378,382
Expenses
$76,338,917
Net Income
$1,039,465
Net Assets
$13,299,525
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $77,316,746
99.9%
Investment Income $61,636
0.1%
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 $375,033
0.5%
Professional Fundraising Fees $0
Other Salaries and Wages $460,800
0.6%
Assets/Debt
Total Assets $30,852,791
Total Liabilities $17,553,266
Net Assets $13,299,525
Compensation
Key Employees and Officers Compensation Related Other
Mark Weinstein (President & Ceo) $210,953 $0 $0
Paula Hedayat (Cfo) $137,608 $0 $5,504
Sherri L Rummel (Coo) $111,093 $0 $4,231
Mary J Hatch (Coo) $20,162 $0 $806
Randy Livingston (Treasurer) $0 $48,338 $2,909
Lisa Kemph (Director) $0 $81,619 $0
Mona Hicks (Secretary) $0 $89,992 $14,390
Nancy Horbert (Director) $0 $49,105 $0
Maria J Martinez (Director) $0 $146,503 $23,127
Terry Wild (Director) $0 $63,751 $0
Jeanne Plecenik (Director) $0 $230,559 $25,875
Donna Popovich (Director) $0 $141,161 $0
Kimberly Baggett (Director) $0 $63,198 $0
Valerie Williams (Director) $0 $65,220 $0
Beth Zamerski (Director) $0 $76,775 $37,625
Arthur Bendolph (Director) $0 $65,000 $0
Robert Pietrykowski (Chairman) $0 $200,000 $0

Document Links

Fiscal Year Ending March
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$70,798,452
Expenses
$66,039,927
Net Income
$4,758,525
Net Assets
$12,260,060
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $70,739,000
99.9%
Investment Income $59,452
0.1%
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 $426,000
0.6%
Professional Fundraising Fees $0
Other Salaries and Wages $306,802
0.5%
Assets/Debt
Total Assets $27,669,981
Total Liabilities $15,409,921
Net Assets $12,260,060

Document Links

Fiscal Year Ending March
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$65,340,446
Expenses
$61,990,595
Net Income
$3,349,851
Net Assets
$7,501,535
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $65,284,347
99.9%
Investment Income $56,099
0.1%
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 $191,102
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $458,762
0.7%
Assets/Debt
Total Assets $23,180,656
Total Liabilities $15,679,121
Net Assets $7,501,535

Document Links

Fiscal Year Ending March
2011

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 March
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 March
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 March
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

Fiscal Year Ending March
2006

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 March
2005

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.

Which Organizations Are Here?

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 »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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