Nonprofit · EIN 36-2138427
MILLION DOLLAR ROUND TABLE
Tax-exempt · PARK RIDGE, IL 60068
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $85,265,275 | $82,717,930 | $2,547,345 | $153,169,745 | $12,961,255 | $140,208,490 |
| December 31, 2023 | 990 | $69,970,199 | $64,463,660 | $5,506,539 | $150,827,969 | $17,376,459 | $133,451,510 |
| December 31, 2022 | 990 (amended) | $60,723,868 | $66,256,825 | -$5,532,957 | $136,935,617 | $17,703,344 | $119,232,273 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $74,675,923
- Investment income
- $9,996,310
- Net gain from sales of assets
- $3,283,672
- Net income from sales of inventory
- $476,047
- Other revenue
- $593,042
Expenses
- Grants and similar amounts paid
- $13,084,205
- Compensation of officers, directors and key employees
- $1,549,259
- Other salaries and wages
- $15,080,016
- Salaries, compensation and benefits (total)
- $23,454,331
- Professional fundraising fees
- $0
- Legal fees
- $727,005
- Accounting fees
- $207,136
- Occupancy
- $951,929
- Travel
- $2,026,129
Balance sheet and other
- Total assets, start of year
- $150,827,969
- Total assets, end of year
- $153,169,745
- Total liabilities, end of year
- $12,961,255
- Net assets, end of year
- $140,208,490
- Land, buildings and equipment
- $265,000
- Publicly traded securities
- $34,147,418
- Net assets without donor restrictions
- $140,208,490
- Gross receipts
- $143,612,205
- Employees
- 150
- Volunteers
- 2,795
- Year formed
- 1969
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEPHEN STAHR | CEO Officer | 39 | $994,021 | $150,058 |
| BARBARA O'CONNOR | MANAGING DIRECTOR Highest-paid employee | 39.5 | $333,529 | $40,084 |
| SMRUTI RAJAGOPALAN | SENIOR DIRECTOR, STRATEGY Highest-paid employee | 39.5 | $286,280 | $34,691 |
| LAURA GOOD | SENIOR DIRECTOR, HR Highest-paid employee | 39.5 | $280,909 | $22,280 |
| PAMELA BROWN | DIRECTOR OF LEADERSHIP AND Highest-paid employee | 39.5 | $266,080 | $32,956 |
| JAMES UNANDER | SENIOR DIRECTOR OF IT Highest-paid employee | 39.5 | $257,583 | $31,712 |
| CAROL KHENG | PRESIDENT Trustee or director, Officer | 5 | $112,308 | $0 |
| GREG GAGNE | PAST PRESIDENT Trustee or director, Officer | 10 | $88,788 | $0 |
| PEGGY TSAI | FORMER PAST PRESIDENT Trustee or director, Officer | 5 | $61,041 | $0 |
| CLAY GILLESPIE | 2ND VICE PRESIDENT Trustee or director, Officer | 5 | $58,924 | $0 |
| JOHN NICHOLS | 1ST VICE PRESIDENT Trustee or director, Officer | 5 | $48,914 | $0 |
| AURORA TANCOCK | SECRETARY Trustee or director, Officer | 5 | $35,206 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEPHEN STAHR | CEO Officer | 39 | $925,803 | $304,255 |
| PAM BROWN | DIRECTOR OF LEADERSHIP AND Highest-paid employee | 39.5 | $297,061 | $150,095 |
| BARBARA O'CONNOR | MANAGING DIRECTOR Highest-paid employee | 39.5 | $306,074 | $62,328 |
| LAURA GOOD | SENIOR DIRECTOR, HR Highest-paid employee | 39.5 | $262,994 | $95,307 |
| SMRUTI RAJAGOPALAN | SENIOR DIRECTOR, STRATEGY Highest-paid employee | 39.5 | $266,857 | $30,048 |
| DAVID DICKHUDT | SENIOR DIRECTOR OF FINANCE Highest-paid employee | 39.5 | $266,018 | $2,220 |
| PEGGY TSAI | PAST PRESIDENT Trustee or director, Officer | 10 | $90,753 | $0 |
| GREG GAGNE | PRESIDENT Trustee or director, Officer | 5 | $83,255 | $0 |
| CAROL KHENG | 1ST VICE PRESIDENT Trustee or director, Officer | 5 | $62,638 | $0 |
| RANDY SCRITCHFIELD | FORMER PAST PRESIDENT Trustee or director, Officer | 5 | $50,368 | $0 |
| JOHN NICHOLS | 2ND VICE PRESIDENT Trustee or director, Officer | 5 | $44,952 | $0 |
| CLAY GILLESPIE | SECRETARY Trustee or director, Officer | 5 | $21,732 | $0 |
990 for the year ended December 31, 2022: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEPHEN STAHR | CEO Officer | 39 | $921,768 | $163,949 |
| BARBARA O'CONNOR | MANAGING DIRECTOR Highest-paid employee | 39.5 | $287,561 | $12,394 |
| PAMELA BROWN | DIRECTOR OF LEADERSHIP AND GUIDED DEVELOPMENT Highest-paid employee | 39.5 | $245,311 | $22,161 |
| JAMES UNANDER | SENIOR DIRECTOR, IT Highest-paid employee | 50 | $242,002 | $22,893 |
| MARK LEON | SENIOR DIRECTOR, FINANCE Officer | 40 | $263,030 | $1,761 |
| SMRUTI RAJAGOPALAN | SENIOR DIRECTOR, STRATEGY Highest-paid employee | 39.5 | $252,011 | $10,568 |
| LAURA GOOD | SENIOR DIRECTOR, HR Highest-paid employee | 39.5 | $242,082 | $13,910 |
| PEGGY TSAI | PRESIDENT Trustee or director, Officer | 5 | $52,680 | $0 |
| RANDY SCRITCHFIELD | PAST PRESIDENT Trustee or director, Officer | 10 | $49,980 | $0 |
| GREG GAGNE | 1ST VICE PRESIDENT Trustee or director, Officer | 5 | $47,280 | $0 |
| CAROL KHENG | 2ND VICE PRESIDENT Trustee or director, Officer | 5 | $44,580 | $0 |
| IAN GREEN | PAST PRESIDENT Trustee or director, Officer | 5 | $29,720 | $0 |
| JOHN NICHOLS | SECRETARY Trustee or director, Officer | 5 | $14,860 | $0 |
Address and contacts
- Address (IRS master file)
- 325 W TOUHY AVE, PARK RIDGE, IL 60068-4204
- Principal officer (990 for 2024)
- STEPHEN P STAHR, 325 WEST TOUHY AVENUE, PARK RIDGE, IL 60068
- Signed the 990
- STEPHEN P STAHR, CEO
- Phone
- (847) 692-6378
- Website
- WWW.MDRT.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
TO BE A VALUED MEMBER-DRIVEN GLOBAL NETWORK OF LEADING INSURANCE AND INVESTMENT FINANCIAL SERVICE PROFESSIONALS WHO SERVE THEIR CLIENTS BY EXEMPLARY PERFORMANCE AND THE HIGHEST STANDARD OF ETHICS, KNOWLEDGE, SERVICE, AND PRODUCTIVITY.
Program accomplishments
- MDRT HOSTS MEETINGS PROGRAMMED WITH EDUCATIONAL AND MOTIVATIONAL CONTENT DESIGNED TO BENEFIT THE CAREERS OF INSURANCE AND FINANCIAL SERVICES PROFESSIONALS. DURING 2024, THESE MEETINGS WERE ATTENDED BY OVER 13,000 INSURANCE AND FINANCIAL SERVICES PROFESSIONALS.
- MDRT PUBLISHES A BI-MONTHLY PERIODICAL THAT CONCENTRATES ON TRENDS AND OPPORTUNITIES SPECIFIC TO THE FINANCIAL SERVICES PROFESSION.
- MDRT PROVIDES DIGITAL CONTENT THAT IS HOUSED ON ITS RESOURCE ZONE. THIS INCLUDES MDRT PODCASTS, VIDEOS, MEETING TRANSCRIPTS, AND THE MDRT BLOG.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 36-2138427
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1969
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $153,169,745
- Income (IRS master file)
- $143,612,205
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $85,265,275 | $82,717,930 | $153,169,745 | XML |
| 990 | December 2023 | $69,970,199 | $64,463,660 | $150,827,969 | XML |
| 990 | December 2022 | $60,723,868 | $66,256,825 | $136,935,617 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-2138427).
Questions about MILLION DOLLAR ROUND TABLE
- What is the EIN of MILLION DOLLAR ROUND TABLE?
- The employer identification number (EIN) of MILLION DOLLAR ROUND TABLE is 36-2138427.
- Is MILLION DOLLAR ROUND TABLE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1969.
- Are donations to MILLION DOLLAR ROUND TABLE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MILLION DOLLAR ROUND TABLE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MILLION DOLLAR ROUND TABLE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MILLION DOLLAR ROUND TABLE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MILLION DOLLAR ROUND TABLE?
- The 990 for the year ended December 31, 2024 names STEPHEN P STAHR.
- Who are the officers and directors of MILLION DOLLAR ROUND TABLE?
- The 990 for the year ended December 31, 2024 lists 12 people; 12 received compensation from the organization, the highest $994,021 (STEPHEN STAHR, CEO).
- How much revenue does MILLION DOLLAR ROUND TABLE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $85,265,275, expenses of $82,717,930 and total assets of $153,169,745 at year end.
Other nonprofits in PARK RIDGE
- TEAMSTERS LOCAL UNION NO 727 HEALTH AND WELFARE FUND EIN 36-6069119 · last filed 990 for 2025
- AMERICAN SOCIETY OF SAFETY PROFESSIONALS EIN 36-2413556 · last filed 990 for 2025
- PARK RIDGE COUNTRY CLUB EIN 36-1599820 · last filed 990 for 2025
- AVENUES TO INDEPENDENCE EIN 36-6008710 · last filed 990 for 2025
- MDRT ACADEMY EIN 81-4966111 · last filed 990 for 2024
- INTERNATIONAL BROTHERHOOD OF TEAMSTERS EIN 36-0759640 · last filed 990 for 2025
- TEAMSTERS LOCAL UNION NO 727 LEGAL ASSISTANCE TRUST FUND EIN 36-3429967 · last filed 990 for 2025
- KAN-WIN EIN 36-3752338 · last filed 990 for 2025