2024-11-11T16:51:32-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 8390 EAST CRESCENT PARKWAY SUITE 300 GREENWOOD VILLAGE CO 80111 990 2023-01-01 841009166 INVESTMENT MANAGEMENT CONSULTANTS ASSOCIATION INC INVE 3037703377 5619 DTC PARKWAY 600 GREENWOOD VILLAGE CO 80111 SEAN WALTERS CEO 3037703377 2024-11-07 1 1 SARAH HINTZ P00492291 3037795710 2024-11-07 2023 2024-10-15 13:58:12Z INVESTMENTS & WEALTH INSTITUTE SEAN WALTERS 5619 DTC PARKWAY 600 GREENWOOD VILLAGE CO 80111 26124549 0 X WWW.INVESTMENTSANDWEALTH.ORG X 1985 CO TO PROVIDE INVESTMENT CONSULTING AND WEALTH MANAGEMENT EDUCATION & CREDENTIALING. 13 13 57 220 21500 0 0 0 13365940 16254619 681637 390484 0 0 14047577 16645103 292220 200000 0 0 6061259 7134333 0 0 0 9322497 11388707 15675976 18723040 -1628399 -2077937 29295721 29801201 13371305 13922313 15924416 15878888 TO DELIVER THE PREMIER INVESTMENT CONSULTING AND WEALTH MANAGEMENT CREDENTIALS AND WORLD CLASS EDUCATIONAL OFFERINGS. 0 0 CERTIFICATION - ADMINISTRATION OF THE ORGANIZATION'S INITIAL CERTIFICATION AND RECERTIFICATION PROGRAMS FOR THE CERTIFIED INVESTMENT MANAGEMENT ANALYST, THE CERTIFIED PRIVATE WEALTH ADVISOR AND THE RETIREMENT MANAGEMENT ADVISOR DESIGNATION. MEETINGS AND CONFERENCES - ADMINISTRATION OF MEETINGS AND CONFERENCES THAT PROVIDE CONTINUING EDUCATION RELATED TO THE INVESTMENT MANAGEMENT PROFESSION FOR THE ORGANIZATION'S MEMBERS AND THE GENERAL PUBLIC. MEMBERSHIP - ADMINISTRATION OF THE ORGANIZATION'S MEMBER BENEFIT PROGRAMS WHICH INCLUDE COMMUNICATIONS AND PUBLICATIONS THAT SUPPORT THE INVESTMENT MANAGEMENT PROFESSION. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 58 0 1 57 1 1 1 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 0 0 X SANDRA GARCIA 3038503213 5619 DTC PARKWAY GREENWOOD VILLAGE CO 80111 DESIREE MALDONADO DIRECTOR 1.00 1.00 X 0 0 0 LIBET ANDERSON VICE CHAIR, FINANCE 1.00 0.00 X X 0 0 0 TODD WAGENBERG PAST CHAIR 1.00 0.00 X X 0 0 0 DEIDRE WALTZ DIRECTOR 1.00 0.00 X 0 0 0 BRIAN KONISH DIRECTOR 1.00 0.00 X 0 0 0 CHRISTINE GAZE VICE CHAIR, PROFESSIONAL DEVELOPMENT 1.00 0.00 X X 0 0 0 HATEM ZARROUK DIRECTOR 1.00 0.00 X 0 0 0 NOEL PACARRO BROWN DIRECTOR 1.00 0.00 X 0 0 0 SCOTT WELCH VICE CHAIR, STANDARDS 1.00 0.00 X X 0 0 0 LAURIS LAMBERGS DIRECTOR 1.00 0.00 X 0 0 0 DOUG HANSON DIRECTOR 1.00 0.00 X 0 0 0 DOROTHY BOSSUNG CHAIR 1.00 0.00 X X 0 0 0 CHRIS BIDWELL DIRECTOR 1.00 0.00 X 0 0 0 SEAN WALTERS CEO/EXECUTIVE DIRECTOR 40.00 1.00 X 550000 0 135157 ANGELA LUTTERMAN CFO 40.00 1.00 X 326769 0 56567 TIMOTHY WHITING CHIEF REVENUE OFFICER 40.00 0.00 X 292995 0 54100 ROSS RISKIN CHIEF LEARNING OFFICER 40.00 0.00 X 257295 0 47121 JOHN WHITHAM COO 40.00 0.00 X 173000 0 32795 MICHAEL MASTEY DIRECTOR OF SALES 40.00 0.00 X 164448 0 17993 ALLISON EDMONDSON DIRECTOR OF COMMUNICATIONS 40.00 0.00 X 145600 0 24123 MICHAEL KURZ DIRECTOR OF PROGRAMS 40.00 0.00 X 158108 0 16864 ROBERT FRANKEL GENERAL COUNSEL 40.00 0.00 X 154123 0 40639 LARA DAVIES DIRECTOR OF SALES OPERATIONS 40.00 0.00 X 162336 0 25538 2384674 0 450897 10 0 1 0 MARKIT ON DEMAND INC 5775 FLATIRONS PKWY BOULDER CO 80301 MARKETING SERVICES 533046 REFACTORED 8010 S COUNTY RD 5 UNIT 204 WINDSOR CO 80528 WEBSITE DEVELOPMENT 517965 CATALYST FIRE 65376 NEW CASTLE RD NAPERVILLE IL 60540 IT PROGRAMMING 189118 UNISON ASSOCIATES LLC FULLER AVE SWAMPSCOTT MA 01907 CERTIFICATION AND EDUCATION CONSULTING 132393 RUDIN GROUP 651 UNDERCLIFF AVE EDGEWATER NJ 07020 MARKETING SERVICES 115000 5 CERTIFICATION 541610 10258450 10258450 MEETINGS/CONFERENCES 611430 2546361 2546361 MEMBERSHIP 611430 2425715 2425715 EDUCATION 611710 1002593 1002593 ADVERTISING 541800 21500 21500 16254619 600810 600810 9269120 9479446 -210326 -210326 -210326 16645103 16233119 21500 390484 200000 1925796 3934508 331362 554937 387730 48574 58049 48228 666040 1116462 14455 363285 465327 240090 2036383 357017 57648 CERTIFICATION 4758068 CREDIT CARD FEES 481623 OTHER EXPENSES 392229 PUBLICATIONS 217503 67726 18723040 4798786 2859948 63016 1235716 214294 157486 1226931 1766256 614333 257820 401556 356513 19114932 19858533 1232049 1673174 2244157 1893575 29295721 29801201 1791877 1696098 9246907 10205210 2332521 2021005 13371305 13922313 X 15924416 15878888 15924416 15878888 29295721 29801201 -2077937 2032409 0 X X 0 1 X 1 0 0 0 0 0 0 1 0 88632 21290 67342 377078 106239 270839 148623 130291 18332 356513 SECURITY DEPOSITS 18000 OPERATING RIGHT-OF-USE ASSET 1810691 RELATED PARTY RECEIVABLE 64884 1893575 LEASE LIABILITIES 2021005 2021005 18805034 2032409 127522 2159931 16645103 0 16645103 18783025 59985 59985 18723040 0 18723040 PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ORGANIZATION REVENUE REPORTED ON SEPARATE FORM 990 327,522. CONTRIBUTION TO IWF - INTERCOMPANY -200,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ORGANIZATION EXPENSE REPORTED ON SEPARATE FORM 990 259,985. INTERCOMPANY GRANT ELIMINATED IN AUDITED FINANCIALS -200,000. NORTH AMERICA 0 0 BOARD MEETING N/A 48252 NORTH AMERICA 0 0 PROGRAM SERVICES MEMBERSHIP DUES 13033 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES RENEWAL FEES 56090 0 0 0 0 0 0 117375 0 117375 0 0 0 0 0 0 PART I, LINE 2: THE ACCRUAL METHOD IS USED TO ACCOUNT FOR EXPENDITURES IN PART I. 1 INVESTMENTS AND WEALTH FOUNDATION 5619 STC PARKWAY 600 GREENWOOD VILLAGE CO 80111 874617128 501(C)(3) 200000 0 N/A N/A GENERAL SUPPORT 1 0 PART I, LINE 2: NO MONITORING IS DEEMED NECESSARY AS FUNDS WERE GRANTED TO A RELATED CONTROLLED ORGANIZATION. X X X X 0 0 0 SEAN WALTERS CEO/EXECUTIVE DIRECTOR 500000 0 50000 0 0 0 114800 0 20357 0 685157 0 0 0 ANGELA LUTTERMAN CFO 262650 0 52350 0 11769 0 45858 0 10709 0 383336 0 0 0 TIMOTHY WHITING CHIEF REVENUE OFFICER 239583 0 0 0 53412 0 39353 0 14747 0 347095 0 0 0 ROSS RISKIN CHIEF LEARNING OFFICER 234000 0 23295 0 0 0 27497 0 19624 0 304416 0 0 0 JOHN WHITHAM COO 151954 0 21046 0 0 0 24941 0 7854 0 205795 0 0 0 ROBERT FRANKEL GENERAL COUNSEL 132226 0 10289 0 11608 0 21577 0 19062 0 194762 0 0 0 LARA DAVIES DIRECTOR OF SALES OPERATIONS 100000 0 62336 0 0 0 16317 0 9221 0 187874 0 0 0 MICHAEL MASTEY DIRECTOR OF SALES 150000 0 14448 0 0 0 16445 0 1548 0 182441 0 0 0 MICHAEL KURZ DIRECTOR OF PROGRAMS 135200 0 22908 0 0 0 15811 0 1053 0 174972 0 0 0 ALLISON EDMONDSON DIRECTOR OF COMMUNICATIONS 140000 0 5600 0 0 0 14649 0 9474 0 169723 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS MADE UP OF THE BOARD OF DIRECTOR'S OFFICERS AND IS RESPONSIBLE FOR THE CEO'S: PERFORMANCE APPRAISAL, BONUS AND RAISE DETERMINATION AND CONTRACT NEGOTIATIONS. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS ONE CLASS OF MEMBERSHIP. MEMBERS IN GOOD STANDING SHALL BE ELIGIBLE TO VOTE, HOLD OFFICE, AND SERVE AS COMMITTEE CHAIRS AND COMMITTEE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE NOMINATING COMMITTEE SHALL CONSIST OF AT LEAST FIVE MEMBERS IN GOOD STANDING AND SHALL HAVE AND EXERCISE THE AUTHORITY GRANTED BY THE BOARD OF DIRECTORS IN THE RESOLUTION APPOINTING THE COMMITTEE. THE NOMINATING COMMITTEE SHALL ASK FOR RECOMMENDATIONS FROM THE MEMBERSHIP FOR SUGGESTIONS FOR DIRECTOR-AT-LARGE NOMINEES AT LEAST NINE MONTHS PRIOR TO THE END OF THE FISCAL YEAR SHALL SELECT A SLATE OF CANDIDATES FROM THE ELIGIBLE MEMBERSHIP FOR POSITIONS OF OFFICERS AND DIRECTORS AT LEAST THREE MONTHS PRIOR TO THE END OF THE FISCAL YEAR AND SHALL NOTIFY THE MEMBERSHIP OF SUCH NOMINATIONS. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS OF THE GOVERNING BODY ARE NOT SUBJECT TO APPROVAL BY MEMBERS. HOWEVER, AMENDMENTS TO, OR REPEAL OF THE BYLAWS REQUIRE A TWO-THIRDS AFFIRMATIVE VOTE OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CEO, TREASURER AND CFO BEFORE FILING. THE FORM 990 IS THEN FURNISHED TO THE BOARD OF DIRECTORS UPON WHICH THEY HAVE THE OPPORTUNITY TO REVIEW AND ASK QUESTIONS BEFORE THE FILING. FORM 990, PART VI, SECTION B, LINE 12C NEWLY ELECTED BOARD OF DIRECTORS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST DISCLOSURE. EACH BOARD MEETING INCLUDES AN AGENDA ITEM WHERE THE BOARD OF DIRECTORS ARE ASKED IF THERE HAVE BEEN ANY CHANGES TO THEIR CONFLICT OF INTEREST DISCLOSURE. IF SO, A NEW CONFLICT OF INTEREST DISCLOSURE WOULD BE SIGNED. IT IS THE RESPONSIBILITY OF THE CONFLICTED PARTIES IMMEDIATE SUPERVISOR AND GENERAL COUNSEL TO DETERMINE WHETHER A CONFLICT EXISTS. ALL DETERMINATIONS ARE DOCUMENTED IN THE ORGANIZATIONS MINUTES. IF THE INTERESTED PARTY IS FOUND TO HAVE A CONFLICT OF INTEREST, THEY ARE NOT ALLOWED TO PARTICIPATE IN ANY DISCUSSION OR DECISION MAKING REGARDING THEIR CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS REVIEWED BY AN EXECUTIVE COMMITTEE AND RECOMMENDED TO THE BOARD FOR APPROVAL. A CONSULTING FIRM WAS HIRED FOR EVALUATION AND DEVELOPMENT OF A 4 YEAR COMPENSATION PACKAGE BASED ON PEER, UNIVERSAL-CEO-COMPENSATION STUDY. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE FINANCIAL STATEMENTS ARE ALSO POSTED ON THE ORGANIZATION'S WEBSITE. FORM XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. INVESTMENTS AND WEALTH FOUNDATION 5619 DTC PARKWAY 600 GREENWOOD VILLAGE CO 80111 874617128 SCHOLARSHIPS AND TUITION ASSISTANCE CO 501(C)(3) LINE 7 INVESTMENT MANAGEMENT CONSULTANTS ASSOCIATION INC 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 INVESTMENTS AND WEALTH FOUNDATION D 64884 BALANCE DUE AT YEAR END INVESTMENTS AND WEALTH FOUNDATION B 200000 CASH PAID