Form 990 for tax year 2022
Filed by ASSOCIATION OF LIFE INSURANCE COUNSEL.
Totals
- Total revenue
- $393,724
- Total expenses
- $419,522
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $75,555
- Investment income
- -$24,311
- Other revenue
- $342,480
- Total assets, end of year
- $645,913
- Total liabilities, end of year
- $126,775
- Net assets or fund balances, end of year
- $519,138
- Program services expenses (Part IX)
- $357,404
- Management and general expenses
- $62,118
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 85.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: MEMBERSHIP DUES
total $75,555 · related or exempt $75,555
-
3 · Investment income
total -$24,311 · related or exempt -$24,311
-
11a · Other revenue: ANNUAL MEETING
total $342,480 · related or exempt $342,480
-
11e · Other revenue, total
$342,480
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $65,805 · program services $32,902 · management and general $32,903
-
11c · Fees: accounting
total $8,400 · management and general $8,400
-
12 · Advertising and promotion
total $3,751 · management and general $3,751
-
13 · Office expenses
total $2,639 · management and general $2,639
-
19 · Conferences, conventions and meetings
total $323,128 · program services $323,128
-
23 · Insurance
total $1,887 · management and general $1,887
-
24a · Other expenses: BANK FEES
total $12,538 · management and general $12,538
-
24b · Other expenses: PROGRAM EXPENSES
total $1,229 · program services $1,229
-
24c · Other expenses: OTHER EXPENSES
total $145 · program services $145
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $435,445 · end of year $260,611
-
9 · Prepaid expenses and deferred charges
beginning of year $30,552 · end of year $89,764
-
12 · Investments: other securities
beginning of year $252,964 · end of year $225,538
-
15 · Other assets
beginning of year $60,000 · end of year $70,000
-
17 · Accounts payable and accrued expenses
end of year $8,400
-
19 · Deferred revenue
beginning of year $234,025 · end of year $118,375
-
27 · Net assets without donor restrictions
beginning of year $544,936 · end of year $519,138
Mission and programs · 2022
Mission
THE ASSOCIATION OF LIFE INSURANCE COUNSEL PROMOTES THE EFFECTIVENESS OF LEGAL SERVICES TO LIFE INSURANCE COMPANIES, AND FURTHERS THE EDUCATION AND PROFESSIONAL ABILITIES OF LIFE INSURANCE LAWYERS.
-
TO FURTHER THE EDUCATION OF EFFECTIVENESS OF THE LIFE INSURANCE COUNSEL THROUGH PUBLICATIONS AND EDUCATION PROGRAMS.
As filed on the 2022 return.
Listed in Part VII
-
Mike AndersonMIKE ANDERSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Aditi BanerjeeADITI BANERJEE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Kenyatta BoldenKENYATTA BOLDEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Lisa BondurantLISA BONDURANT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Kermitt BrooksKERMITT BROOKS
PRESIDENT EL
- Total calculated
- $0
- Hours/week
- 3
-
Gretchen CepekGRETCHEN CEPEK
PAST PRESIDE
- Total calculated
- $0
- Hours/week
- 3
-
Richard ChoiRICHARD CHOI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Mark DrewMARK DREW
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Angela FontanaANGELA FONTANA
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Chris GawartCHRIS GAWART
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Ayana GordonAYANA GORDON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
John GruberJOHN GRUBER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Andrew HollandANDREW HOLLAND
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Natalie LamarqueNATALIE LAMARQUE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Michael O'ConnorMICHAEL O'CONNOR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Samuel RamosSAMUEL RAMOS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Kimberly ShaulKIMBERLY SHAUL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Allison TamALLISON TAM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Jacqueline VenezianiJACQUELINE VENEZIANI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Jason WaltersJASON WALTERS
SECRETARY TR
- Total calculated
- $0
- Hours/week
- 5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202343199349316064
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