Nonprofits Insurance Alliance Strengthens Leadership with New CFO Appointment

The Nonprofits Insurance Alliance (NIA), a leading insurer exclusively serving the 501(c)(3) nonprofit sector, has announced the appointment of Carlos Ballesteros as its new Chief Financial Officer (CFO) and Treasurer. This decision underscores NIA's commitment to enhancing its leadership team to better serve the nonprofit community during a period of expansion and evolving challenges.

Carlos Ballesteros brings nearly two decades of financial expertise to NIA, including significant roles at Green Dot Corporation and Ernst & Young LLP. His background in technical, operational, and strategic finance is poised to play a pivotal role in guiding NIA's financial strategies. Pamela Davis, NIA's Founder, President, and CEO, highlighted Ballesteros' unique blend of skills as essential for the organization's growth and its mission to serve nonprofits effectively.

Ballesteros' previous experience includes a decade at Green Dot Corporation, where he led the financial planning and analysis team, and nine years at Ernst & Young LLP, managing complex financial operations across various industries. His diverse financial acumen is expected to enhance NIA's offerings, including fair insurance pricing, innovative risk management strategies, and potential dividends to its members.

The appointment is significant not only for NIA but also for the broader nonprofit sector. NIA's specialized insurance coverage and risk management resources are vital for nonprofits operating on tight budgets. Ballesteros' leadership is anticipated to strengthen NIA's ability to meet these needs, fostering growth and sustainability within the nonprofit community.

NIA's structure as a group of 501(c)(3) nonprofits itself aligns with its mission to serve similar organizations. With Ballesteros at the financial helm, NIA is well-positioned to navigate the challenges of growth and continue its impactful work. His enthusiasm for contributing to NIA's mission reflects a shared commitment to supporting nonprofits and, by extension, the communities they serve.

This strategic leadership addition signals NIA's dedication to financial excellence and innovation, promising enhanced services and support for the nonprofit sector. Ballesteros' role is expected to drive forward NIA's strategic initiatives, ensuring the organization remains a steadfast partner to nonprofits nationwide.