Overview

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Closed

This organization closed in 2023. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.

Est.

2014

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

THIRD COAST REINSURANCE LLC is a nonprofit organization focused on job services, operating with an annual budget of $72.2K and total revenue of $136.5K for the year 2023. Its mission is to provide an effective strategy for transitioning away from commercially purchased coverage, aiming to develop a captive insurance model that offers better flexibility and resources in response to changing market conditions. The organization does not rely on a single funder for 50% or more of its revenue.

Mission Statement

TO PROVIDE AN OPTIMAL APPROACH TO SHIFTING AWAY FROM COMMERCIALLY PURCHASED COEVERAGE UNTIL OVER TIME, THE CAPITVE CAN PROVIDE A GREATER RESOURCE FOR POPERTY COVERAGE AND TO PROVIDE US WITH BETTER FLEXIBILITY TO ADJUST TO THE INSURANCE MARKET CONDITIONS, SUCH AS UNAVAILABE AFFORDABLE COVERAGE.
Revenues
$136.5K
Expenses
$72.2K
Net Income:
+$64.3K
Assets
$0
Liabilities
$0
Net Assets:
+$0
Operating Budget
$72.2K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Not in Business Master File
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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S
Stephen Songy
Board Member
M
Marty Mayer
Board Member
T
Trent Sandahl
Board Member

Frequently Asked Questions

What is THIRD COAST REINSURANCE LLC’s budget?
In 2023, THIRD COAST REINSURANCE LLC reported an annual operating budget of around $72 thousand. More detailed financial information is available to registered users.
What causes does THIRD COAST REINSURANCE LLC support?
THIRD COAST REINSURANCE LLC supports work in Job services.
Where does THIRD COAST REINSURANCE LLC operate?
THIRD COAST REINSURANCE LLC is headquartered in Covington, LA.