Nonprofit · EIN 45-5087087
ACADEMY OF LIFE UNDERWRITING
Tax-exempt · WASHINGTON, DC 20036
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $184,008 | $215,261 | -$31,253 | $538,262 | $0 | $538,262 |
| June 30, 2025 | 990 | $651,625 | $564,220 | $87,405 | $567,371 | $0 | $567,371 |
| June 30, 2024 | 990 | $543,443 | $651,232 | -$107,789 | $475,726 | $0 | $475,726 |
| June 30, 2023 | 990 | $549,725 | $596,034 | -$46,309 | $576,263 | $0 | $576,263 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $179,466
- Investment income
- $4,452
- Other revenue
- $90
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
Balance sheet and other
- Total assets, start of year
- $567,371
- Total assets, end of year
- $538,262
- Total liabilities, end of year
- $0
- Net assets, end of year
- $538,262
- Publicly traded securities
- $44,337
- Net assets without donor restrictions
- $538,262
- Gross unrelated business income
- $8,850
- Gross receipts
- $184,008
- Employees
- 0
- Volunteers
- 80
- Year formed
- 2012
- State of legal domicile
- PA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANN DAY | PRESIDENT Trustee or director, Officer | 15 | $0 |
| JODI MCDONALD | CHAIR Trustee or director, Officer | 15 | $0 |
| MARK LOUNDS | BOARD MEMBER Trustee or director | 1 | $0 |
| JENNIFER DAHL | BOARD MEMBER Trustee or director | 1 | $0 |
| BONNIE STRODER | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2025: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANN DAY | PRESIDENT Trustee or director, Officer | 15 | $0 |
| JODI MCDONALD | CHAIR Trustee or director, Officer | 15 | $0 |
| SOPHIE CLEMENT | BOARD MEMBER Trustee or director | 1 | $0 |
| JENNIFER JOHNSON | BOARD MEMBER Trustee or director | 1 | $0 |
| JENNIFER DAHL | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JODI MCDONALD | BOARD CHAIR Trustee or director, Officer | 10 | $0 |
| SCOTT CORBETT | TREASURER Trustee or director, Officer | 1 | $0 |
| JENNIFER DAHL | SECRETARY Trustee or director, Officer | 1 | $0 |
| SOPHIE CLEMENT | BOARD MEMBER Trustee or director | 1 | $0 |
| ANN DAY - PRESIDENT | BOARD MEMBER Trustee or director, Officer | 20 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENNIFER JOHNSON | BOARD CHAIR Trustee or director, Officer | 10 | $0 |
| SCOTT CORBETT | TREASURER Trustee or director, Officer | 1 | $0 |
| JENNIFER DAHL | SECRETARY Trustee or director, Officer | 1 | $0 |
| SOPHIE CLEMENT | BOARD MEMBER Trustee or director | 1 | $0 |
| JODI MCDONALD | BOARD MEMBER Trustee or director | 15 | $0 |
Address and contacts
- Address (IRS master file)
- 1800 M ST NW STE 400S, WASHINGTON, DC 20036-5878
- In care of
- % RICHARD SCHMIDT
- Principal officer (990 for 2025)
- ANN DAY, 1800 M STREET NW 400S, WASHINGTON, DC 20036
- Signed the 990
- ANN DAY, PRESIDENT
- Phone
- (202) 495-3130
- Website
- WWW.ALU-WEB.COM
- Return prepared by
- AKINS HENKE AND COMPANY
Mission
ACADEMY OF LIFE UNDERWRITING (ALU) OFFERS INFORMATION, EDUCATION AND DEVELOPMENT OPPORTUNITIES AND RECOGNITION OF EDUCATIONAL ACCOMPLISHMENTS TO LIFE INSURANCE UNDERWRITERS AND OTHER INDIVIDUALS INTERESTED IN LIFE INSURANCE UNDERWRITING.
Program accomplishments
- EDUCATION-CURRICULUM AND EXAM PREPARATION AND ADMINISTRATION: ALU CREATES CURRICULUM AND PREPARES AND ADMINISTERS EXAMINATIONS TO ASSESS THE KNOWLEDGE AND EXPERIENCE OF LIFE INSURANCE UNDERWRITERS AND OTHER INTERESTED LIFE INSURANCE PROFESSIONALS WORLDWIDE. ALU CURRICULUM GROUP VOLUNTEERS, WITH CONTRIBUTIONS FROM PEERS, MEDICAL CONSULTANTS, AND INDUSTRY EXPERTS, CREATE COMPREHENSIVE EDUCATIONAL MATERIAL SPECIFICALLY FOCUSED ON LIFE INSURANCE UNDERWRITING TO ENSURE THAT THOSE WORKING IN LIFE INSURANCE RISK MANAGEMENT HAVE THE EDUCATION AND KNOWLEDGE TO PROVIDE VALUABLE EXPERTISE IN THEIR RESPECTIVE ROLES. LIFE INSURANCE UNDERWRITING IS A DYNAMIC PROFESSION, AND THE ALU CURRICULUM GROUP IS ALSO RESPONSIBLE FOR MAINTAINING UP-TO-DATE TEXTBOOK CONTENT REGARDING MEDICAL (CONTINUED ON SCHEDULE O)AND FINANCIAL FACTORS, ALONG WITH NEW OR CHANGED REGULATIONS/ RESTRICTIONS FOR THE LIFE INSURANCE INDUSTRY AND ANNUALLY UPDATING/EDITING THE FOUR ALU TEXTBOOKS ACCORDINGLY. THE TEXTBOOKS ARE AVAILABLE ON AMAZON FOR STUDENTS TO PURCHASE. USING THIS MATERIAL, ALU EXAMINATION GROUP VOLUNTEERS ARE RESPONSIBLE FOR CREATING OBJECTIVE EXAMS DESIGNED TO COVER THE CURRICULUM, SPECIFICALLY FOCUSING ON RELEVANT AND PERTINENT DETAILS AN EDUCATED AND SKILLED LIFE INSURANCE UNDERWRITER MUST KNOW. GUIDED BY MEDICAL AND EDUCATION CONSULTANTS AND USING STANDARDIZED QUESTION FORMATTING AND DIFFICULTY/DISCRIMINATION SCORING, ALU VOLUNTEERS ANNUALLY PREPARE TEST QUESTIONS FOR THEIR PEERS THAT INCREASE IN DIFFICULTY WITH EACH EXAM. THE FOUR ALU EXAMS ARE OFFERED ELECTRONICALLY ON A PROCTORED BASIS EVERY APRIL, AND THE FIRST EXAM IS ALSO OFFERED AGAIN IN OCTOBER. SUCCESSFUL COMPLETION OF ALL FOUR EXAMS PLUS A SUPPLEMENTAL CURRICULUM OF OUTSIDE STUDIES, LEADS TO THE PROFESSIONAL DESIGNATION, FELLOW, ACADEMY OF LIFE UNDERWRITING (FALU), THE GOLD STANDARD FOR LIFE INSURANCE UNDERWRITERS TO ACHIEVE.
- EDUCATIONAL OPPORTUNITIES AND CONTINUING EDUCATION RECOGNITION:THE ALU EDUCATION GROUP OFFERS SEVERAL OPPORTUNITIES FOR PROFESSIONAL GROWTH AND CONTINUED EDUCATION FOR LIFE INSURANCE UNDERWRITERS AND LIFE INSURANCE PROFESSIONALS. WEBINARS ARE AVAILABLE BY ANNUAL SUBSCRIPTION TO LIFE INSURANCE COMPANIES AT GROUP RATES AND TO INDIVIDUALS AT INDIVIDUAL RATES. THE WEBINARS COVER EMERGING AND ESTABLISHED TOPICS IMPORTANT TO THE UNDERWRITING PROFESSION. ALU VOLUNTEERS, IN COORDINATION WITH MEDICAL CONSULTANTS AND INDUSTRY EXPERTS, OFFER SIX INTERACTIVE EDUCATIONAL WEBINARS YEARLY AND THOSE WEBINARS, IN ADDITION TO OTHER TOPIC-SPECIFIC TRAINING WEBINARS, ARE STORED IN A LIBRARY AND ARE AVAILABLE AS RESOURCES. THE ALU CONTINUING EDUCATION AND CERTIFICATION GROUP (CONTINUED ON SCHEDULE O)IS RESPONSIBLE FOR SETTING A DEFINED LEVEL OF CONTINUING EDUCATION TO HOLD THE CERTIFIED, FELLOW ACADEMY LIFE UNDERWRITER DESIGNATION OR TO ATTAIN THE DESIGNATION OF CERTIFIED, PROFESSIONAL LIFE UNDERWRITER AND THE ACCEPTABLE COURSEWORK OR INDUSTRY ACTIVITIES TO ACHIEVE IT. THIS ASSURES THAT THOSE WHO EARNED THEIR FALU DESIGNATION IN THE PAST STAY CURRENT ON THE LATEST MEDICAL, FINANCIAL, AND LEGAL ASPECTS OF LIFE INSURANCE UNDERWRITING. ALU SUPPORTS LIFELONG LEARNING BY PROVIDING EDUCATIONAL OPPORTUNITIES AND RESOURCES. IN ADDITION TO THE GROUPS PREVIOUSLY LISTED, THE ALU SURVEY GROUP CONDUCTS INDUSTRY SURVEYS ANNUALLY ON TOPICS OF INTEREST AND NEED, AND THE ALU FORUM GROUP HOSTS AN ANNUAL MANAGEMENT FORUM TO DISCUSS KEY EVENTS, REGULATIONS, ISSUES, AND ADVANCEMENTS IN THE LIFE INSURANCE INDUSTRY.
- ON THE RISK-THE JOURNAL OF THE ACADEMY OF LIFE UNDERWRITING (OTR): OTR IS A PROFESSIONAL JOURNAL PUBLISHED QUARTERLY BY ALU. THE OTR EDITORIAL TEAM, TOGETHER WITH A GROUP OF EDITORS AND MANAGERS, SECURES TIMELY, IN-DEPTH ARTICLES WRITTEN BY PRACTITIONERS AND MEMBERS OF THE UNDERWRITING COMMUNITY. THE JOURNAL CONTRIBUTES TO THE PROFESSIONAL AND CONTINUING EDUCATION NEEDS OF THE WORLDWIDE LIFE INSURANCE UNDERWRITING INDUSTRY AND ITS READERSHIP. OTR REACHES OVER 2,000 SUBSCRIBERS AND SUPPORTS THE MISSION OF ALU BY PROVIDING CONTINUING EDUCATION TO ENCOURAGE UNDERWRITERS TO OBTAIN THE FELLOW, ACADEMY OF LIFE UNDERWRITING (FALU) DESIGNATION, AND BY PROMOTING THE ALU EDUCATION PROGRAMS.
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 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | Check at the IRS |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 45-5087087
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2013
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $538,262
- Income (IRS master file)
- $184,008
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $184,008 | $215,261 | $538,262 | IRS |
| 990 | June 2025 | $651,625 | $564,220 | $567,371 | XML |
| 990 | June 2024 | $543,443 | $651,232 | $475,726 | XML |
| 990 | June 2023 | $549,725 | $596,034 | $576,263 | XML |
| 990 | June 2022 | $484,298 | $492,287 | $619,142 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 45-5087087).
Questions about ACADEMY OF LIFE UNDERWRITING
- What is the EIN of ACADEMY OF LIFE UNDERWRITING?
- The employer identification number (EIN) of ACADEMY OF LIFE UNDERWRITING is 45-5087087.
- Is ACADEMY OF LIFE UNDERWRITING tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2013.
- Are donations to ACADEMY OF LIFE UNDERWRITING tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ACADEMY OF LIFE UNDERWRITING 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 ACADEMY OF LIFE UNDERWRITING due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ACADEMY OF LIFE UNDERWRITING last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of ACADEMY OF LIFE UNDERWRITING?
- The 990 for the year ended December 31, 2025 names ANN DAY.
- Who are the officers and directors of ACADEMY OF LIFE UNDERWRITING?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does ACADEMY OF LIFE UNDERWRITING have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $184,008, expenses of $215,261 and total assets of $538,262 at year end.
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All nonprofits in WASHINGTON · District of Columbia · Community improvement and capacity building