Form 990 for tax year 2022
Filed by NATIONAL ASSOCIATION OF FRATERNAL INSURANCE COUNSELORS INC.
Totals
- Total revenue
- $412,012
- Total expenses
- $326,213
- Contributions and grants received
- $188,880
- Grants paid
- $0
- Program service revenue
- $215,912
- Investment income
- $7,204
- Other revenue
- $16
- Total assets, end of year
- $876,425
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $876,425
- Program services expenses (Part IX)
- $253,945
- Management and general expenses
- $59,604
- Fundraising expenses
- $12,664
- Program service expenses (Part III)
- $253,945
Program services were 77.8% 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
$188,880
-
2a · Program service revenue: CONVENTION INCOME
total $215,912 · related or exempt $215,912
-
3 · Investment income
total $7,204 · excluded $7,204
-
11a · Other revenue: MISCELLANEOUS
total $16 · related or exempt $16
-
11e · Other revenue, total
$16
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $82,000 · program services $32,800 · management and general $36,900 · fundraising $12,300
-
11c · Fees: accounting
total $5,700 · management and general $5,700
-
13 · Office expenses
total $11,556 · program services $10,062 · management and general $1,130 · fundraising $364
-
17 · Travel
total $1,110 · management and general $1,110
-
19 · Conferences, conventions and meetings
total $198,039 · program services $192,339 · management and general $5,700
-
22 · Depreciation, depletion and amortization
total $1,960 · program services $1,960
-
23 · Insurance
total $4,070 · management and general $4,070
-
24a · Other expenses: CONTINUING EDUCATION
total $5,517 · program services $5,517
-
24b · Other expenses: BANK AND EXCHANGE FEES
total $4,994 · management and general $4,994
-
24c · Other expenses: DUES PD TO STATE CHAPTER
total $4,290 · program services $4,290
-
24d · Other expenses: VIRTUAL SALES ASSISTANT
total $3,038 · program services $3,038
-
24e · All other expenses
total $3,939 · program services $3,939
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $203,946 · end of year $50,237
-
2 · Savings and temporary cash investments
beginning of year $581,205 · end of year $819,894
-
4 · Accounts receivable
beginning of year $2,002
-
9 · Prepaid expenses and deferred charges
beginning of year $4,500
-
10a · Land, buildings and equipment: cost or other basis
$11,303
-
10b · Land, buildings and equipment: accumulated depreciation
$5,009
-
10c · Land, buildings and equipment, net
beginning of year $5,463 · end of year $6,294
-
19 · Deferred revenue
beginning of year $6,490
-
27 · Net assets without donor restrictions
beginning of year $790,626 · end of year $876,425
Mission and programs · 2022
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 $248,380 · Revenue $215,905
-
TO PROVIDE SUPPORT TO STATE CHAPTERS AND THE FOUNDATION
Expenses $5,565
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Gregory GallGREGORY GALL
PAST PRESIDE
- Total calculated
- $0
- Hours/week
- 2
-
Don KulykDON KULYK
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Greg MalletGREG MALLET
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 1
-
Kevin SimpsonKEVIN SIMPSON
SECRETARY/TR
- Total calculated
- $0
- Hours/week
- 1
-
Brad MaennerBRAD MAENNER
EXECUTIVE DI
- Total calculated
- $82,000
- From this org
- $82,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Gail KrollGAIL KROLL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Daniel LloydDANIEL LLOYD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer TixJENNIFER TIX
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Thomas WesolowskiTHOMAS WESOLOWSKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Eugene SmartEUGENE SMART
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Timothy HoulahanTIMOTHY HOULAHAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Daniel SchachleDANIEL SCHACHLE
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
- 2022
- Filed
- 13 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333199349320448
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