2024-02-02T09:15:57-06:00 2023-06-30 720636725 HANNIS T BOURGEOIS LLP 2322 TREMONT DR BATON ROUGE LA 70809 990 2022-07-01 720373619 INDEPENDENT INSURANCE AGENTS AND BROKERS OF LOUISIANA INC INDE 2258198007 18153 E PETROLEUM DR BATON ROUGE LA 70809 JEFF ALBRIGHT CHIEF EXECUTIVE OFFICER 2258198007 2024-01-15 1 JEFF ALBRIGHT 999009999 1 SHERYL YOUNG CPA P01062599 2259284770 2024-01-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JEFF ALBRIGHT 232 SUMMER RIDGE DRIVE BATON ROUGE LA 70810 2023369 0 X WWW.IIABL.COM X 1924 LA THE MISSION OF THE INDEPENDENT INSURANCE AGENTS & BROKERS OF LOUISIANA, WORKING IN THE PUBLIC INTEREST, IS TO BE THE UNRELENTING ADVOCATE FOR INDEPENDENT INSURANCE AGENTS AND TO MEET THE EDUCATION, POLITICAL, AND BUSINESS NEEDS OF IIABL MEMBERS. 24 24 11 24 0 0 0 128714 941214 978169 377682 154271 443733 762215 1762629 2023369 0 0 0 0 607916 632260 0 0 0 912293 1273587 1520209 1905847 242420 117522 9967133 10143507 1183291 1038442 8783842 9105065 X THE MISSION OF THE INDEPENDENT INSURANCE AGENTS & BROKERS OF LOUISIANA, WORKING IN THE PUBLIC INTEREST, IS TO BE THE UNRELENTING ADVOCATE FOR INDEPENDENT INSURANCE AGENTS AND TO MEET THE EDUCATIONAL, POLITICAL, AND BUSINESS NEEDS OF IIABL MEMBERS. 0 0 ANNUAL CONVENTION, CONFERENCES, AND EDUCATIONAL SERVICES WHICH PROVIDE MEMBER INSURANCE AGENCIES WITH THE TRAINING THEY NEED TO OPERATE THEIR BUSINESSES AND IMPROVE THE PROFESSIONALISM OF THEIR STAFF. WEBSITE RESOURCES, NEWSLETTERS, TECHNICAL ADVISORIES AND OTHER INFORMATION PUBLICATIONS NECESSARY FOR THE PROPER OPERATION AND MANAGEMENT OF MEMBER INSURANCE AGENCIES. REPRESENTATION OF MEMBER INSURANCE AGENCIES WITH LEGISLATIVE, REGULATORY, INDUSTRY AND CONSUMER GROUPS ON VARIOUS MATTERS OF INTEREST AND BENEFIT TO MEMBERS. EDUCATIONAL PROGRAMS-TO PROVIDE MEMBER AGENTS WITH EDUCATIONAL TRAINING AND INFORMATION TO FURTHER PROMOTE THEIR INTERNAL MANAGEMENT AND PROFITABILITY IN THE INDUSTRY AND IMPROVE PROFESSIONALISM. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 4 0 1 11 1 0 0 0 0 1 1 0 0 0 X 24 24 0 0 0 0 1 1 1 1 1 0 1 0 1 1 1 1 1 1 1 0 0 X JEFF ALBRIGHT 2258198007 18153 E PETROLEUM DRIVE BATON ROUGE LA 70809 CHARLES LEBLANC DIRECTOR 1.00 X 0 0 0 MATT GRAHAM DIRECTOR 1.00 X 0 0 0 HARTWIG MOSS DIRECTOR 1.00 X 0 0 0 JOHN L BECKMANN III STATE NATIONAL DIRECTOR 1.00 X X 0 0 0 ANN BODKIN-SMITH DIRECTOR 1.00 X 0 0 0 MATTHEW DEBLANC DIRECTOR 1.00 X 0 0 0 ROB EPPERS DIRECTOR 1.00 X 0 0 0 CHRISTOPHER S HAIK DIRECTOR 1.00 X 0 0 0 STUART HARRIS EXECUTIVE COMMITTEE MEMBER 1.00 X 0 0 0 ROSS HENRY EXECUTIVE COMMITTEE MEMBER 1.00 X X 0 0 0 BRET HUGHES SECRETARY-TREASURER 1.00 X X 0 0 0 ROBERT PALMER JR DIRECTOR 1.00 X 0 0 0 ROBERT STONE DIRECTOR 1.00 X 0 0 0 LYDIA MCMORRIS DIRECTOR 1.00 X 0 0 0 EUGENE MONTGOMERY III DIRECTOR 1.00 X 0 0 0 JOE KING MONTGOMERY DIRECTOR 1.00 X 0 0 0 ROBERT G RIVIERE DIRECTOR 1.00 X 0 0 0 ARMOND SCHWING CIC PRESIDENT-ELECT 1.00 X X 0 0 0 MICHAEL SCRIBER PRESIDENT 1.00 X X 0 0 0 CHRISTY DESOTO DIRECTOR 1.00 X 0 0 0 KRYSTAL GATHE DIRECTOR 1.00 X 0 0 0 CRAIG MARTEL DIRECTOR 1.00 X 0 0 0 RANDY PERISE DIRECTOR 1.00 X 0 0 0 BEN ALBRIGHT VICE PRESIDENT 40.00 X 69886 70447 0 JEFF ALBRIGHT CHIEF EXECUTIVE OFFICER 40.00 X 150354 151562 62204 220240 222009 62204 1 0 1 0 0 128714 128714 MEMBER DUES 524298 419363 419363 CONVENTION 611430 280304 280304 INDEPENDENT AGENTS SVC 524298 187564 187564 NEWSLETTER 513110 90938 90938 978169 154271 154271 510150 510150 MISCELLANEOUS 900099 252065 252065 252065 2023369 1740384 0 154271 251217 261409 41394 49102 29138 43014 7597 41489 114238 194009 81920 52006 TECHNOLOGY IMPLEMENTATI 255395 IIABA DUES 155393 COMMITTEE EXPENSE 116046 EQUIPMENT 103237 109243 1905847 -31708 -18386 976233 801946 13348 153885 89876 39443 1423437 526683 903561 896754 7490097 7932870 508493 325753 17233 11242 9967133 10143507 292211 319265 891080 719177 1183291 1038442 X 8783842 9105065 8783842 9105065 9967133 10143507 X 117522 386381 -182680 X X 0 1 X 1 0 0 0 0 419363 151317 151317 143795 7522 990500 268347 722153 379387 243164 136223 53550 15172 38378 896754 ADVANCES FROM AFFILIATES 492843 DEFERRED REVENUES 226334 719177 X 2039446 386381 -182740 203641 1835805 187564 187564 2023369 1718283 0 1718283 187564 187564 1905847 PART X, LINE 2: IIABL IS A QUALIFIED NOT-FOR-PROFIT ORGANIZATION AND IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE 501(C)(6). THE SUBSIDIARY, WHICH IS NOT EXEMPT FROM INCOME TAXES, IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON ITS SEPARATE EARNINGS. IIABL AND ITS SUBSIDIARY FILE INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE SUBSIDIARY ALSO FILES IN THE LOUISIANA JURISDICTION. WITH FEW EXCEPTIONS, THEY ARE NO LONGER SUBJECT TO TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2019. ANY INTEREST AND PENALTIES ASSESSED BY INCOME TAX AUTHORITIES ARE NOT SIGNIFICANT AND ARE INCLUDED IN GENERAL AND ADMINISTRATIVE EXPENSES IN THESE FINANCIAL STATEMENTS AS APPLICABLE. THE ASSOCIATION EVALUATES ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. AS OF JUNE 30, 2022 AND 2021, THE ASSOCIATION DOES NOT BELIEVE IT HAS TAKEN ANY POSITIONS THAT WOULD REQUIRE THE RECORDING OF ADDITIONAL TAX LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT YEAR. PART XI, LINE 2D - OTHER ADJUSTMENTS: SUBSIDIARY INCOME -182,740. PART XI, LINE 4B - OTHER ADJUSTMENTS: EXPENSE REIMBURSEMENT FROM INDEPENDENT AGENTS SERVICE CORP 187,564. PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSE REIMBURSMENT FROM INDEPENDENT AGENTS SERVICE CORP 187,564. X 1 1 X X X X 0 0 0 JEFF ALBRIGHT CHIEF EXECUTIVE OFFICER 150354 151562 0 0 0 0 17430 17571 13547 13656 181331 182789 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS STOCKHOLDERS. FORM 990, PART VI, SECTION A, LINE 7A STOCKHOLDERS ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B CHANGES IN THE ARTICLE ARE SUBJECT TO APPROVAL BY THE STOCKHOLDERS. FORM 990, PART VI, SECTION B, LINE 10B LOCAL CHAPTERS, BRANCHES AND AFFILIATES OPERATE INDEPENDENTLY OF THE ORGANIZATION. THE ORGANIZATION DOES NOT HAVE WRITTEN POLICIES GOVERNING THE ACTIVITIES OF ITS LOCAL CHAPTERS, BRANCHES OR AFFILIATES. THEY HAVE THEIR OWN WRITTEN POLICIES. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS SUBMITTED TO THE EXECUTIVE COMMITTEE FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C POLICY IS REGULARLY MONITORED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION IS ESTABLISHED THROUGH A COMPENSATION COMMITTEE, A WRITTEN EMPLOYMENT CONTRACT, A COMPENSATION STUDY AND APPROVAL OF COMPENSATION BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: EQUITY EARNINGS(LOSS) OF SUBSIDIARY -182,740. CHANGE IN COMMON STOCK 60. FORM 990, PART XII, LINE 2C THERE WAS NO CHANGE FROM PRIOR YEAR. INDEPENDENT AGENTS SVC CORP 9818 BLUEBONNET RD BATON ROUGE LA 70810 720823611 MEMBER PRODUCT AND SERVICE LA N/A C -182740 546891 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 INDEPENDENT AGENTS SERVICE CORP Q 187564 OVERHEAD ALLOCATION