2024-11-15T16:34:41-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 901 NORTH GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2023-01-01 362144394 NATIONAL ASSOCIATION OF BENEFITS AND INSURANCE PROFESSIONALS NATI 2025953699 999 E ST NW 400 WASHINGTON DC 20004 DEBRA ADLIS ACTING CFO 2025953699 2024-11-14 1 0 ROBERT WILLIAMS P01884701 5712279500 2024-11-14 2023 2024-10-15 13:58:12Z X DEBRA ADLIS 999 E ST NW 400 WASHINGTON DC 20004 6751584 0 X WWW.NABIP.ORG X 1930 DC ADVOCATE FOR MEMBERS, PROVIDE PROFESSIONAL DEVELOPMENT, & DELIVER RESOURCES TO PROMOTE EXCELLENCE. 17 16 28 100 206488 22922 0 279086 6312008 5822213 -41448 1506 582542 615490 6853102 6718295 866 217 0 0 3944585 3955348 0 0 0 3437913 3460637 7383364 7416202 -530262 -697907 4703079 4139319 4724268 4743836 -21189 -604517 NATIONAL ASSOCIATION OF BENEFITS AND INSURANCE PROFESSIONALS (NABIP) ADVOCATES FOR OUR MEMBERS, PROVIDES PROFESSIONAL DEVELOPMENT AND DELIVERS RESOURCES TO PROMOTE EXCELLENCE. 0 0 CONVENTION/LPRT - OUR ANNUAL CONVENTION PROVIDES A FORUM FOR THE EXCHANGE OF MANAGEMENT, TECHNOLOGY, AND INDUSTRY BEST PRACTICES. IT ALSO PROVIDES A MEANS FOR THE DISSEMINATION OF OTHER IMPORTANT TIMELY INFORMATION THAT ENABLES ATTENDEES TO BRING HIGHER VALUE TO THEIR CLIENTS. PRODUCERS WHO MEET CERTAIN QUALIFICATIONS RECEIVE SPECIAL RECOGNITION. LEGISLATIVE PROGRAMS - OUR CAPITOL CONFERENCE PROVIDES AN ANNUAL FORUM FOR EXTENSIVE EDUCATION ON CURRENT LEGISLATIVE ISSUES. IT ALSO PROVIDES AN OPPORTUNITY FOR OUR MEMBERS TO MEET WITH AND HEAR FROM MEMBERS OF CONGRESS AND ADMINISTRATION AND TO LEARN ABOUT CURRENT LEGISLATIVE PROPOSALS. IT ALSO ALLOWS OUR MEMBERS TO SHARE THEIR EXPERIENCES WITH THEIR LEGISLATORS ON ISSUES FACING CONSUMERS OF HEALTH INSURANCE ALL OVER AMERICA. EDUCATION - EDUCATION PROGRAMS PROVIDE A MEANS TO ENSURE CONTINUING PROFESSIONAL DEVELOPMENT AND CONTINUING EDUCATION TO MEET STATE LICENSING REQUIREMENTS. PROGRAMS INCLUDE ETHICS TRAINING AS WELL AS MANY OTHER PROGRAMS WITH THE LATEST INFORMATION ON COMPLIANCE. PROGRAMS ARE PROVIDED AT BOTH THE LOCAL CHAPTER LEVEL AS WELL AS ONLINE AND THROUGH VARIOUS VIRTUAL OPPORTUNITIES. 0 1 0 1 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 1 10 0 1 28 0 1 1 0 0 0 0 0 0 0 X 17 16 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 0 0 X DEBRA ADLIS 2025953699 999 E STREET NW SUITE 400 WASHINGTON DC 20004 KELLY FRISTOE IMMEDIATE PAST PRESIDENT (UNTIL 6/23) 7.00 0.50 X X 25002 0 0 ERIC KOHLSDORF PRESIDENT 7.00 0.00 X X 25002 0 0 ALYCIA RIEDL PRESIDENT ELECT 5.00 0.00 X X 0 0 0 SUSAN RIDER VICE PRESIDENT 5.00 0.00 X X 0 0 0 DAVID SMITH TREASURER 5.00 0.00 X X 0 0 0 MYCHAL WALKER SECRETARY 5.00 0.00 X X 0 0 0 MICHELE GENTILE REGION 1 VICE PRESIDENT 5.00 0.00 X 0 0 0 DAVID MORDO REGION 2 VICE PRESIDENT 5.00 0.00 X 0 0 0 CATHERINE COOPER REGION 3 VICE PRESIDENT 5.00 0.00 X 0 0 0 SHAWNEE CHRISTENSON REGION 4 VICE PRESIDENT 5.00 0.00 X 0 0 0 DAVID SHERRILL REGION 5 VICE PRESIDENT 5.00 0.00 X 0 0 0 KEVIN TROKEY REGION 6 VICE PRESIDENT 5.00 0.00 X 0 0 0 DORIS WALLER REGION 6 VICE PRESIDENT (UNTIL 6/23) 5.00 0.00 X 0 0 0 ROBERT TIERNEY REGION 7 VICE PRESIDENT 5.00 0.00 X 0 0 0 STEPHANIE BERGER REGION 8 VICE PRESIDENT 5.00 0.00 X 0 0 0 KEITH WALLACE MEMBERSHIP COUNCIL CHAIR 5.00 0.00 X 0 0 0 JONI REENTS MEMBERSHIP COUNCIL CHAIR (UNTIL 6/23) 5.00 0.00 X 0 0 0 GREG STANCIL LEGISLATIVE COUNCIL CHAIR 5.00 0.00 X 0 0 0 MISTY BAKER LEGISLATIVE COUNCIL CHAIR (UNTIL 6/23) 5.00 0.00 X 0 0 0 SUZY ALBERTS PROF DEV COMMITTEE CHAIR 5.00 0.00 X 0 0 0 CAROLYN ANDRESS PROF DEV COMMITTEE CHAIR (UNTIL 6/23) 5.00 0.00 X 0 0 0 JANET TRAUTWEIN EXECUTIVE VP & CEO (UNTIL 11/23) 50.00 5.00 X 404898 0 45261 JENNIFER MURPHY CFO & COO 40.00 5.00 X 232019 0 63523 JESSICA BROOKS-WOODS CEO (FROM 9/23) 50.00 5.00 X 115197 0 15776 KELLY LOUSSEDES SR. VP OF PUBLIC RELATIONS 40.00 5.00 X 198989 0 49113 MICHAEL ANDEL VP OF CONGRESSIONAL AFFAIRS 40.00 0.00 X 176831 0 25575 JOHN GREENE VP OF GOVERNMENT AFFAIRS 40.00 5.00 X 196837 0 45685 ILLANA MAZE SR VP OF MEMBER RELATIONS,TECH & OPS 40.00 5.00 X 159889 0 32333 FARREN BAER SR VP OF EDUCATION & PROF DEVELOPEMNT 40.00 5.00 X 163292 0 42837 MARTIN CARR VP OF COMMUNICATIONS 40.00 5.00 X 134269 0 39124 1832225 0 359227 12 0 1 0 TIBER CREEK 750 9TH ST NW 501 WASHINGTON DC 20001 LEGISLATIVE CONSULTANTS 165000 DELCOR TECHNOLOGY 8380 COLESVILLE ROAD 550 SILVER SPRING MD 20910 IT CONSULTANTS 155578 NET STUDY 850 E GRAN AVE 6 LAKE VILLA IL 60046 CE PROVIDER 153104 JAFFE COMMUNICATIONS 312 NORTH AVENUE EAST SUITE 5 CRANDFORD NJ 07016 EVENT & MEMBERSHIP CONSULTANTS 106433 4 279086 279086 MEMBERSHIP DUES 541800 3603242 3603242 CONVENTIONS/CONFERENCE 541800 1023407 958707 64700 SPONSORSHIPS/ADVERTISI 541800 596334 389846 206488 CDHC CERTIFICATION 541800 363612 363612 CLASSROOM PROGRAM 541800 218719 218719 16899 16899 5822213 34795 34795 140813 140813 33289 -33289 -33289 -33289 13594 0 13594 13594 GROUP BENEFITS 541800 214991 214991 ONLINE PROGRAM 541800 169272 169272 LEADING PRODUCERS ROUN 541800 75070 75070 1750 1750 461083 6718295 6025702 206488 207019 217 1043797 2219383 47549 423728 220891 12552 70829 321373 10572 422891 235258 416883 99245 270766 140303 180236 51655 23821 SPECIAL EVENT EXPENSE 608620 CERTIFICATION COURSES 342658 PUBLICATION EXPENSE 96058 OTHER EXPENSES 85962 70955 7416202 259207 169479 13486 17321 479933 277758 217435 287820 713122 527256 221597 185866 1116872 1018551 50000 50000 2344549 2132524 4703079 4139319 719457 654033 1347685 1495074 2657126 2594729 4724268 4743836 X -21189 -604517 -21189 -604517 4703079 4139319 -697907 114579 0 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 3603242 1059714 -24708 1035006 900810 134196 89774 19673 70101 623348 507583 115765 185866 SECURITY DEPOSIT 23733 RIGHT-OF-USE ASSETS, NET 2108791 2132524 DEFERRED LEASE OBLIGATION 2571225 DUE TO FOUNDATION 23504 2594729 X 1 1 X X X X 0 0 0 JANET TRAUTWEIN EXECUTIVE VP & CEO (UNTIL 11/23) 404898 0 0 0 0 0 0 0 45261 0 450159 0 0 0 JENNIFER MURPHY CFO & COO 232019 0 0 0 0 0 7164 0 56359 0 295542 0 0 0 KELLY LOUSSEDES SR. VP OF PUBLIC RELATIONS 198989 0 0 0 0 0 6264 0 42849 0 248102 0 0 0 JOHN GREENE VP OF GOVERNMENT AFFAIRS 196837 0 0 0 0 0 6122 0 39563 0 242522 0 0 0 FARREN BAER SR VP OF EDUCATION & PROF DEVELOPEMN 163292 0 0 0 0 0 4932 0 37905 0 206129 0 0 0 MICHAEL ANDEL VP OF CONGRESSIONAL AFFAIRS 176831 0 0 0 0 0 238 0 25337 0 202406 0 0 0 ILLANA MAZE SR VP OF MEMBER RELATIONS,TECH & OPS 159889 0 0 0 0 0 3337 0 28996 0 192222 0 0 0 MARTIN CARR VP OF COMMUNICATIONS 134269 0 0 0 0 0 4224 0 34900 0 173393 0 0 0 PART I, LINE 1A THE FOLLOWING INDIVIDUALS WERE PROVIDED WITH DISCRETIONARY SPENDING ACCOUNTS - JANET TRAUTWEIN, JENNIFER MURPHY, ILLANA MAZE, MARTIN CARR AND FARREN BAER. THESE DISCRETIONARY SPENDING ACCOUNTS WERE NOT INCLUDED IN THE INDIVIDUAL'S TAXABLE COMPENSATION. PART I, LINE 1B THE DISCRETIONARY SPENDING ACCOUNTS WERE USED FOR BUSINESS EXPENSES. NEIL TRAUTWEIN HUSBAND OF EXECUTIVE VICE PRESIDENT AND CEO 83271 CONSULTANT 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE PRESIDENT, PRESIDENT-ELECT, VICE PRESIDENT, TREASURER, SECRETARY, IMMEDIATE PAST PRESIDENT AND CEO (NON-VOTING MEMBER). THE EXECUTIVE COMMITTEE MAY ACT IN THE PLACE OF THE BOARD OF TRUSTEES BETWEEN BOARD MEETINGS ON ALL MATTER EXPLICITLY DELEGATED TO IT BY THE BOARD. THE EXECUTIVE COMMITTEE MAY TRANSACT BUSINESS BY MAIL OR ELECTRONIC MEANS BY VOTING ON A PROPOSAL TO THEM. ANY SUCH PROPOSAL WILL BE ADOPTED IF 2/3 OF THE ENTIRE COMMITTEE RETURNS AFFIRMATIVE VOTES. FORM 990, PART VI, SECTION A, LINE 6 INDIVIDUAL MEMBERS - LICENSED BY A STATE LICENSING AUTHORITY FOR THE SALE OF HEALTH, DISABILITY, AND OTHER RELATED INSURANCE PRODUCTS AND SERVICES. NON-LICENSED ENGAGED IN THE DISTRIBUTION OF HEALTH, DISABILITY, AND RELATED INSURANCE PRODUCTS AND SERVICES. LIFE MEMBERS - AN ACTIVE MEMBER WHO WAS BEEN IN GOOD STANDING A MINIMUM OF 10 CONSECUTIVE YEARS AND HAS EITHER ATTAINED AGE 65 AND RETIRED OR HAS BEEN DISABLED. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS ARE ABLE TO VOTE FOR THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B AMENDMENTS TO THE BYLAWS SHALL BE MADE AT ANY MEETING OF THE HOUSE OF DELEGATES OF NABIP BY A TWO-THIRDS VOTE OF THE DELEGATES PRESENT AND VOTING. THE HOUSE OF DELEGATES SHALL CONSIST OF: A. THE BOARD OF TRUSTEES B. PAST PRESIDENTS OF NABIP C. DELEGATES OF STATE AND LOCAL ASSOCIATIONS AS DESIGNATED IN THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY OF FORM 990 IS GIVEN TO THE FULL BOARD OF TRUSTEES FOR REVIEW. BOARD MEMBERS ARE GIVEN THE OPPORTUNITY TO ASK QUESTIONS, MAKE COMMENTS AND REQUEST FURTHER INFORMATION. ANY CHANGES ARE MADE, IF NECESSARY, BEFORE THE FINAL DRAFT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C 1. A NABIP LEADER SHALL DISCLOSE ANY MATERIAL FINANCIAL INTEREST IN TRANSACTIONS CONTEMPLATED OR ENTERED INTO BY NABIP AS SOON AS SUCH INTEREST IS KNOWN. SUCH NOTIFICATION MUST BE MADE, IN WRITING, TO THE EXECUTIVE VICE PRESIDENT (EVP) AND THE PRESIDENT. IF THE POTENTIAL CONFLICT INVOLVES THE EVP, ADDITIONAL NOTIFICATION SHALL BE MADE TO A STAFF PERSON DESIGNATED BY THE EVP AT THE BEGINNING OF EACH YEAR AS STAFF ETHICS OFFICER. IF THE POTENTIAL CONFLICT INVOLVES THE PRESIDENT, ADDITIONAL NOTIFICATION SHALL BE MADE TO THE PRESIDENT-ELECT. 2. WHEN NABIP LEADERS OR FORMER NABIP LEADERS ARE AWARE OF POTENTIAL CONFLICT OF INTEREST CONCERNING A FORMER NABIP LEADER SUCH INFORMATION SHALL BE DISCLOSED IN THE SAME MANNER AS FOR CURRENT NABIP LEADERS. FORM 990, PART VI, SECTION B, LINE 15A THE PERSONNEL COMMITTEE REVIEWS THE CHIEF EXECUTIVE OFFICER (CEO)'S PERFORMANCE AND CONTRACT. EVERY YEAR, OFFICER COMPENSATION IS APPROVED BY INDEPENDENT PERSONS USING CONTEMPORANEOUS DATA AND DOCUMENTATION OF THE PROCESS. THIS PROCESS LAST OCCURRED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. NABIP EDUCATION FOUNDATION 999 E ST NW SUITE 400 WASHINGTON DC 20004 330532137 EDUCATIONAL MEDIA DC 501(C)(3) LINE 10 NABIP 1 NABIP POLITICAL ACTION COMMITTEE 999 E ST NW SUITE 400 WASHINGTON DC 20004 542019864 POLITICAL ACTIVITY DC 527 NABIP 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 NABIP POLITICAL ACTION COMMITTEE L 65000 FMV