Skip to content
Nonprofiteer
← LIFE FUND INC

Form 990 for tax year 2024

Filed by LIFE FUND INC.

Totals

Total revenue
$339,543
Total expenses
$309,550
Contributions and grants received
$339,543
Grants paid
$226,250
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$124,652
Total liabilities, end of year
$3,000
Net assets or fund balances, end of year
$121,652
Program services expenses (Part IX)
$309,550
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$309,550

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • BARB PIETRANGELO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2.5 related

  • MARK HANNA CLU CHFC AIF

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2.5 related

  • MICHAEL WEINTRAUB

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 2.5 related

  • R JAN PINNEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2.5 related

  • PAUL DOUGHERTY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2.5 related

  • BRIAN STEINER

    EXECUTIVE DIRECTOR

    Total calculated
    $248,517
    From this org
    $0
    From related orgs
    $238,906
    Other
    $9,611
    Hours/week
    10 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $238,385 related
    Bonus
    $0
    Other
    $0 + $521 related
    Deferred
    $0 + $6,613 related
    Nontaxable benefits
    $0 + $2,998 related
    Filer's total
    $0 + $248,517 related

  • ERNI DAVIS

    CFO

    Total calculated
    $253,329
    From this org
    $0
    From related orgs
    $225,375
    Other
    $27,954
    Hours/week
    10 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $208,053 related
    Bonus
    $0 + $15,000 related
    Other
    $0 + $2,322 related
    Deferred
    $0 + $6,252 related
    Nontaxable benefits
    $0 + $21,702 related
    Filer's total
    $0 + $253,329 related

  • KEVIN M MAYEUX

    CEO

    Total calculated
    $642,515
    From this org
    $0
    From related orgs
    $613,741
    Other
    $28,774
    Hours/week
    10 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $511,419 related
    Bonus
    $0 + $100,000 related
    Other
    $0 + $2,322 related
    Deferred
    $0 + $10,350 related
    Nontaxable benefits
    $0 + $18,424 related
    Filer's total
    $0 + $642,515 related

  • TOM COTHRON

    PRESIDENT-ELECT

    Total calculated
    $1,451
    From this org
    $0
    From related orgs
    $1,451
    Other
    $0
    Hours/week
    10 + 35 related

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE FUND DOES NOT DIRECTLY HIRE OR COMPENSATE EMPLOYEES. ALL EMPLOYEES ARE EMPLOYEES OF THE NATIONAL ASSOCIATION OF INSURANCE AND FINANCIAL ADVISORS, A RELATED ORGANIZATION EXEMPT UNDER SECTION 501(C)(6). COMPARABLES FOR LOCATION AND TITLES ARE RESEARCHED THROUGH THE SOCIETY FOR HUMAN RESOURCE MANAGEMENT AND THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES. THE PRESIDENT AND CEO SALARIES ARE REVIEWED BY THE ENTIRE EXECUTIVE COMMITTEE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
10 November 2025
IRS schema version
2024v5.2
Source object
202503149349303785

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.