Form 990 for tax year 2024
Filed by NATIONAL ASSOCIATION OF FRATERNAL INSURANCE COUNSELORS INC.
Totals
- Total revenue
- $445,224
- Total expenses
- $425,388
- Contributions and grants received
- $173,389
- Grants paid
- $0
- Program service revenue
- $248,882
- Investment income
- $22,703
- Other revenue
- $250
- Total assets, end of year
- $882,532
- Total liabilities, end of year
- $930
- Net assets or fund balances, end of year
- $881,602
- Program services expenses (Part IX)
- $315,877
- Management and general expenses
- $96,515
- Fundraising expenses
- $12,996
- Program service expenses (Part III)
- $315,877
Program services were 74.3% 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.
-
1b · Membership dues
$173,389
-
2a · Program service revenue: CONVENTION INCOME
total $226,075 · related or exempt $226,075
-
2b · Program service revenue: SERVICES
total $22,807 · related or exempt $22,807
-
3 · Investment income
total $22,703 · excluded $22,703
-
11a · Other revenue: MISCELLANEOUS
total $250 · related or exempt $250
-
11e · Other revenue, total
$250
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $84,460 · program services $33,784 · management and general $38,007 · fundraising $12,669
-
11c · Fees: accounting
total $6,218 · management and general $6,218
-
11g · Fees: other
total $20,590 · management and general $20,590
-
13 · Office expenses
total $10,840 · program services $9,329 · management and general $1,511
-
17 · Travel
total $3,387 · management and general $3,387
-
19 · Conferences, conventions and meetings
total $258,743 · program services $249,030 · management and general $9,713
-
22 · Depreciation, depletion and amortization
total $1,396 · program services $1,396
-
23 · Insurance
total $1,932 · management and general $1,932
-
24a · Other expenses: PAST PRESIDENT EVENT
total $7,064 · management and general $7,064
-
24b · Other expenses: CHAPTER SUPPORT
total $6,825 · program services $6,825
-
24c · Other expenses: BANK AND EXCHANGE FEES
total $5,924 · management and general $5,924
-
24d · Other expenses: DUES PD TO STATE CHAPTER
total $5,016 · program services $5,016
-
24e · All other expenses
total $12,993 · program services $10,497 · management and general $2,169 · fundraising $327
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $379,757 · end of year $456,697
-
2 · Savings and temporary cash investments
beginning of year $466,341 · end of year $381,643
-
7 · Other notes and loans receivable
end of year $1,474
-
9 · Prepaid expenses and deferred charges
beginning of year $11,173 · end of year $39,618
-
10a · Land, buildings and equipment: cost or other basis
$11,303
-
10b · Land, buildings and equipment: accumulated depreciation
$8,203
-
10c · Land, buildings and equipment, net
beginning of year $4,495 · end of year $3,100
-
17 · Accounts payable and accrued expenses
end of year $930
-
27 · Net assets without donor restrictions
beginning of year $861,766 · end of year $881,602
Mission and programs · 2024
Mission
1. TO SUPPORT AND MAINTAIN THE PRINCIPLES OF FRATERNAL LIFE INSURANCE 2. TO PROMOTE HIGH ETHICAL STANDARDS IN THE SALE AND SERVICE OF FRATERNAL PRODUCTS AND BENEFITS 3. TO PROMOTE INCREASED KNOWLEDGE OF FRATERNAL REPRESENTATIVES AND TO STIMULATE AND DEVELOP SUCCESSFUL SALES AND SERVICE PRACTICES 4. TO AFFORD THE OPPORTUNITY OF THE EXCHANGE OF IDEAS BETWEEN FRATERNAL REPRESENTATIVES
-
TO PROVIDE CONTINUING EDUCATIONAL OPPORTUNITIES TO MEMBERS BY ISSUING PUBLICATIONS, HOLDING A CONVENTION, AND OFFERING COURSES.
Expenses $304,036 · Revenue $226,075
-
TO PROVIDE SUPPORT TO STATE CHAPTERS AND THE FOUNDATION
Expenses $11,841
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Daniel LloydDANIEL LLOYD
PAST PRESIDE
- Total calculated
- $0
- Hours/week
- 2
-
Thomas WesolowskiTHOMAS WESOLOWSKI
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Eugene SmartEUGENE SMART
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 1
-
Timothy HoulahanTIMOTHY HOULAHAN
SECRETARY/TR
- Total calculated
- $0
- Hours/week
- 1
-
Brad MaennerBRAD MAENNER
EXECUTIVE DI
- Total calculated
- $84,460
- From this org
- $84,460
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Daniel SchachleDANIEL SCHACHLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan MarshJONATHAN MARSH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rebecca LureenREBECCA LUREEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chad FosterCHAD FOSTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michaele GeibelMICHAELE GEIBEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dustin DeanDUSTIN DEAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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
- 2024
- Filed
- 12 November 2025
- IRS schema version
- 2024v5.0
- Source object
- 202513219349319291
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