Nonprofits Insurance Alliance (NIA), a leading insurer for the 501(c)(3) nonprofit sector, has announced Carlos Ballesteros as its new Chief Financial Officer (CFO) and Treasurer. This appointment marks a strategic step for NIA as it aims to bolster its leadership team amidst expanding operations. Ballesteros, a Certified Public Accountant with nearly two decades of experience in technical, operational, and strategic finance, is poised to steer NIA's financial strategies during a pivotal growth phase.
Pamela Davis, NIA's Founder, President, and CEO, highlighted Ballesteros' unique blend of tactical and strategic skills as ideal for the organization's needs. His previous role as Vice President of Finance at Green Dot Corporation, where he led financial planning and analysis, underscores his capability to navigate NIA's growth trajectory. Additionally, his tenure as a Senior Manager at Ernst & Young LLP, focusing on sectors like real estate and hospitality, equips him with a broad perspective on managing complex financial operations.
Ballesteros' appointment is significant for the nonprofit sector, where NIA plays a vital role in providing specialized insurance and risk management solutions. His financial acumen is expected to enhance NIA's offerings, including fair pricing, innovative strategies, and potential dividends for members. Ballesteros expressed his enthusiasm for contributing to NIA's mission, emphasizing the impact on communities served by nonprofits.
NIA's structure as a group of 501(c)(3) nonprofits, including Alliance Member Services and three AM Best-rated insurers, aligns with its commitment to the sector. The addition of Ballesteros to NIA's leadership is a strategic move to ensure robust financial management and growth, promising enhanced services and competitive advantages for nonprofit members. For further details on NIA's services, visit https://insurancefornonprofits.org.
