2024-11-15T09:17:04-06:00 2023-12-31 320043599 LEGACY PROFESSIONALS LLP 4 WESTBROOK CORPORATE CTR STE 700 WESTCHESTER IL 60154 990 2023-01-01 391396077 INTERNATIONAL SOCIETY OF CERTIFIED EMPLOYEE BENEFIT SPECIALISTS INTE 2627868771 18700 W BLUEMOUND RD BROOKFIELD WI 53045 TERENCE S DAVIDSON CHIEF EXECUTIVE OFFICER 2627866700 2024-11-15 1 1 CHRISTINE V ERNST P01725863 3123680500 2024-11-15 2023 2024-10-15 13:58:12Z TERENCE S DAVIDSON 18700 W BLUEMOUND RD BROOKFIELD WI 53045 1187361 0 X WWW.ISCEBS.ORG X 1981 DC EDUCATIONAL SOURCE REGARDING THE CEBS, GBA AND RPA DESIGNATIONS. 12 12 0 74 0 0 0 0 1033889 1148515 42317 38846 0 0 1076206 1187361 0 0 0 0 0 0 0 0 0 1236836 1325664 1236836 1325664 -160630 -138303 1781011 1728807 1026030 1002703 754981 726104 X TO PROVIDE CONTINUING EDUCATION AND PEER EXPERIENCE SHARING OPPORTUNITIES THROUGH AN ONLINE COMMUNITY, EDUCATIONAL PROGRAMS, INFORMATION RESOURCES AND PUBLICATIONS TO INDIVIDUALS INTERESTED IN EARNING OR MAINTAINING THE CEBS, GBA AND RPA DESIGNATIONS. 0 0 460021 497296 TO ORGANIZE AND HOST A 2 1/2 DAY ANNUAL SYMPOSIUM THAT FEATURES CUTTING-EDGE ISSUES PRESENTED BY EXPERTS IN THE BENEFITS INDUSTRY. THE ANNUAL SYMPOSIUM ALSO PROVIDES INDIVIDUALS WITH THE OPPORTUNITY FOR EARNING CREDIT TOWARDS LICENSING/CONTINUING EDUCATION REQUIREMENTS FOR INSURANCE PROFESSIONALS, ACCOUNTANTS, ATTORNEYS, AND OTHER PROFESSIONALS. 205858 626300 TO PROVIDE AN ONLINE RESEARCH DATABASE AND INTERACTIVE COMMUNITY, WEBCASTS, NEWSBRIEFS, SURVEYS, E-LEARNING COURSES, AND MEMBERSHIP DIRECTORIES. 33219 18109 TO PUBLISH A HIGHLY RESPECTED AND COMPREHENSIVE QUARTERLY JOURNAL THAT OFFERS THE LATEST TRENDS AND INNOVATIONS IN BENEFITS AND COMPENSATION. 3156 6810 TO OFFER WEBINARS TO NON-MEMBERS (SERVICE INCLUDED IN MEMBERSHIP FEE FOR MEMBERS) AND RECOGNITION ITEMS FOR MEMBERS WHO HAVE OBTAINED THEIR CEBS DESIGNATION. 3156 6810 702254 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X AL HAMWRIGHT 2627866700 18700 WEST BLUEMOUND ROAD BROOKFIELD WI 53045 MICHELLE M ORAM CEBS CHAIR 1.00 X X 0 0 0 JOHN ESHLEMAN CEBS VICE CHAIR 1.00 X X 0 0 0 MARY K AMEND DIRECTOR 1.00 0.00 X 0 0 0 RYAN SIEMERS PAST-PRESIDENT 1.00 X X 0 0 0 SEAN P MADIX DIRECTOR 1.00 13.50 X 0 10500 0 DONALD D CROSATTO DIRECTOR 1.00 9.50 X 0 0 0 TODD G HELFRICH DIRECTOR 1.00 3.50 X 0 0 0 KRISTINA M GUASTAFERRI DIRECTOR 1.00 3.50 X 0 0 0 KEVIN E TIGHE DIRECTOR 1.00 3.50 X 0 6728 0 WENDELL YOUNG IV DIRECTOR 1.00 3.50 X 0 1328 0 JILL MONGELLUZZO DIRECTOR 1.00 3.50 X 0 0 0 RUBEN NAVARRO DIRECTOR 1.00 3.50 X 0 6633 0 KIRBY WATSON DIRECTOR 1.00 3.50 X 0 0 0 TERENCE S DAVIDSON CHIEF EXECUTIVE OFFICER 2.00 41.00 X 0 528836 140560 CAREY WOOTEN CEBS DIRECTOR 1.00 40.00 X 0 156217 59856 0 710242 200416 0 1 1 0 0 MEMBERSHIP DUES 813920 626300 626300 ANNUAL SYMPOSIUM 813920 497296 497296 PUBLICATIONS 813920 18109 18109 WEBCASTS & RECOGNITION 813920 6810 6810 1148515 38846 38846 1187361 1148515 0 38846 278313 170599 107714 4963 4963 9500 9500 4076 4076 1222 1222 60327 60327 165345 108584 56761 7041 7041 89474 20845 68629 334858 334858 9869 9869 ALLOC OF SHARED SUPPORT 360676 360676 1325664 702254 623410 0 75085 107436 5924 5178 16427 163874 163874 0 0 556848 519745 1143900 1079275 1781011 1728807 94262 54589 568680 505350 363088 442764 1026030 1002703 X 754981 726104 754981 726104 1781011 1728807 -138303 109426 0 X 0 1 X 1 0 X 778264 750597 711700 648390 626300 3515251 818134 262570 154171 385499 522215 2142589 1596398 1013167 865871 1033889 1148515 5657840 0 0 0 5657840 42498 30783 52924 42317 38846 207368 42498 30783 52924 42317 38846 207368 5865 5865 1644761 1043950 918795 1076206 1187361 5871073 0.96370 0.96910 0.03530 0.02930 X 163874 163874 0 0 COMMON COLLECTIVE TRUSTS 799493 F ALTERNATIVE INVESTMENT TRUSTS 279782 F 1079275 DUE TO INTERNATIONAL FOUNDATION OF EMPLOYEE BENEFIT PLANS 385004 DUE TO LOCAL CHAPTERS 57760 442764 X 1292711 109426 109426 1183285 4076 4076 1187361 1321588 0 1321588 4076 4076 1325664 PART X, LINE 2: THE SOCIETY FILES FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FORM 990-T, EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN, AND FORM 4-T, WISCONSIN EXEMPT ORGANIZATION BUSINESS FRANCHISE OR INCOME TAX RETURN. THE SOCIETY'S RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE STATE OF WISCONSIN UNTIL THE APPLICABLE STATUTE OF LIMITATIONS EXPIRE. 0 1 0 0 0 0 0 0 0 TERENCE S DAVIDSON CHIEF EXECUTIVE OFFICER 0 437080 0 41750 0 50006 0 116839 0 23721 0 669396 0 0 CAREY WOOTEN CEBS DIRECTOR 0 150000 0 5750 0 467 0 27192 0 32664 0 216073 0 0 PART I, LINE 3 CEO COMPENSATION IS ESTABLISHED BY THE POLICIES AND PROCEDURES OF A RELATED ORGANIZATION, INTERNATIONAL FOUNDATION OF EMPLOYEE BENEFIT PLANS INC. PART I, LINE 4B IN 2021, THE INTERNATIONAL FOUNDATION OF EMPLOYEE BENEFIT PLANS, INC., A RELATED ORGANIZATION IDENTIFIED IN SCHEDULE R, PART II, ESTABLISHED AN INTERNAL REVENUE CODE ("IRC") SECTION 457(B) "TOP HAT" DEFERRED COMPENSATION ARRANGEMENT AND AN IRC SECTION 457(F) INELIGIBLE DEFERRED COMPENSATION ARRANGEMENT FOR ITS CHIEF EXECUTIVE OFFICER ("CEO"). THE 457(B) ARRANGEMENT IS FUNDED BY A REDUCTION IN THE AMOUNT OF A DISCRETIONARY PERFORMANCE BONUS FOR WHICH THE CEO COULD QUALIFY FOR, UP TO THE ANNUAL LIMIT DETERMINED BY THE IRS WITH ANY REMAINING AMOUNT CONTRIBUTED TO THE 457(F) ARRANGEMENT. THE FOUNDATION CONTRIBUTES ANNUALLY WHICH IS FIRST APPLIED TO THE 457(B) ARRANGEMENT, IF THE IRS LIMIT WAS NOT PREVIOUSLY EXCEEDED, AND THE BALANCE IS CONTRIBUTED TO THE 457(F) ARRANGEMENT. THE 457(F) ARRANGEMENT IS SUBJECT TO A VESTING FORMULA. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS TWO CLASSES OF MEMBERS: REGULAR MEMBERS AND STUDENT MEMBERS. REGULAR MEMBERS ARE THOSE WHO HAVE RECEIVED THE CEBS DESIGNATION. STUDENT MEMBERS ARE THOSE WHO EITHER (1) HOLD THE GBA OR RPA DESIGNATIONS OFFERED THROUGH THE CERTIFIED EMPLOYEE BENEFIT SPECIALISTS PROGRAM OR (2) ARE ACTIVE STUDENTS WHO HAVE COMPLETED ONE OR MORE EXAMINATIONS TOWARDS THE CEBS DESIGNATION. FORM 990, PART VI, SECTION A, LINE 7A REGULAR MEMBERS OF THE SOCIETY SHALL NOMINATE AND ELECT A GOVERNING COUNCIL. A BOARD OF DIRECTORS SHALL REPRESENT, VOTE AND ACT FOR THE REGULAR MEMBERSHIP IN ALL OF THE ORGANIZATION'S AFFAIRS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED AND PRESENTED TO THE OFFICERS OF THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS HAS DESIGNATED THE CURRENT PRESIDENT (AN UNCOMPENSATED VOLUNTEER) AS THE INDIVIDUAL CHARGED WITH THE REVIEW AND APPROVAL OF THE FORM 990 FILING. THE PRESIDENT VERBALLY APPROVES THE FORM 990 FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE BOARD OF DIRECTORS MUST DISCLOSE ALL POSSIBLE CONFLICT OF INTERESTS. ANY POSSIBLE CONFLICTS OF INTEREST ARE REVIEWED BY THE REMAINING BOARD OF DIRECTORS, WHICH THEN DECIDES IF A CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT COMPENSATE ANY OFFICER OR DIRECTOR. INSTEAD, THE INTERNATIONAL FOUNDATION OF EMPLOYEE BENEFIT PLANS, INC., A RELATED ORGANIZATION IDENTIFIED IN SCHEDULE R, PART II, COMPENSATES THE OFFICERS AND DIRECTORS OF THE RELATED ORGANIZATION. THE COMPENSATION FOR THE OFFICERS AND DIRECTORS IS SHOWN AS COMPENSATION FROM A RELATED ORGANIZATION. QUESTIONS REGARDING COMPENSATION ARE ANSWERED BASED ON THE POLICIES AND PROCEDURES OF THIS RELATED ORGANIZATION, WHICH IS RESPONSIBLE FOR ESTABLISHING, AUTHORIZING, AND PAYING THE COMPENSATION FOR THE OFFICERS AND DIRECTORS. THE RELATED ORGANIZATION REIMBURSES ITS VOLUNTEERS WHO SERVE ON COMMITTEES, THE EXECUTIVE COMMITTEE AND THE BOARD OF DIRECTORS. THE RELATED ORGANIZATION ALLOWS ITS VOLUNTEERS TO RECEIVE TRAVEL EXPENSE PAYMENTS THAT DO NOT EXCEED NON-REFUNDABLE COACH CLASS AIRFARE OR IN SOME INSTANCES, FIRST CLASS AIRFARE, FROM THEIR HOME DESTINATION TO THE MEETING SITE AND THE RELATED ORGANIZATION ALSO PAYS HOTEL EXPENSES FOR THE ACTUAL DAYS OF MEETING ATTENDANCE BY SUCH A VOLUNTEER PLUS ONE TRAVEL DAY AT THE BEGINNING AND END OF THE MEETING, THE RELATED ORGANIZATION ALSO PAYS THOSE VOLUNTEERS A PER DIEM ALLOWANCE FOR OTHER EXPENSES INCLUDING MEALS, CABS AND OTHER ON-SITE TRANSPORTATION, TIPS, ETC., IN THE AMOUNT OF $115 PER DAY. ANY AMOUNT PAID TO A VOLUNTEER FOR WHICH SUBSTANTIATION OF THE EXPENSE IS NOT SUBMITTED TO THE RELATED ORGANIZATION IS REPORTED ON A FORM 1099 FOR THE AFFECTED VOLUNTEER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS UPON REQUEST AT ITS HEADQUARTERS. INTERNATIONAL FOUNDATION OF EMPLOYEE BENEFIT PLANS INC 18700 W BLUEMOUND RD BROOKFIELD WI 53045 391034021 TO SPONSOR EDUCATIONAL PROGRAMS/CONFERENCES RELATED TO EMPLOYEE BENEFITS. WI 501(C)(3) 509(A)(2) 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 0 0 INTERNATIONAL FOUNDATION OF EMPLOYEE BENEFIT PLANS INC O 278312 FAIR MARKET VALUE INTERNATIONAL FOUNDATION OF EMPLOYEE BENEFIT PLANS INC P 157712 FAIR MARKET VALUE INTERNATIONAL FOUNDATION OF EMPLOYEE BENEFIT PLANS INC M 389680 FAIR MARKET VALUE