FINSECA PAC

As filed

Subsection

06

NTEE code

S41

Classification

2000

Street

1400 K ST NW STE 625

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

1 other organization in the IRS Business Master File lists the same street address. matched by us

This address is a suite or unit (STE 625). Organizations that share one are often clients of the same office-services firm, accountant or registered agent rather than related to each other.

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• NATIONAL ASSOCIATION OF INDEPENDENT LIFE BROKERAGE AGENCIES

  EIN 36-3209661

Mission and programs · 2024

• MEMBER LEARNING AND EXPERIENCE: FINSECA PROVIDES MEETINGS TO KEEP INSURANCE PROFESSIONALS ON THE LEADING EDGE OF TRENDS AND SKILLS BY PROVIDING THEM WITH AN EDUCATION AND NETWORKING FOR PARTICIPANTS. FINSECA PROVIDES A FORUM FOR MEMBERS TO EXCHANGE INFORMATION AND AN OPPORTUNITY FOR MEMBERS TO PARTICIPATE IN PROFESSIONAL DEVELOPMENT ACTIVITIES. FINSECA PROVIDES NUMEROUS PRODUCTS AND PUBLICATIONS THAT ARE CREATED SPECIFICALLY TO FURTHER THE PROFESSIONAL DEVELOPMENT OF FIELD LEADERS IN INSURANCE AND FINANCIAL SERVICES. THESE PRODUCTS INCLUDE ONLINE ASSESSMENT TOOLS, AUDIOVISUAL PRODUCTS, AND A BOOK SERIES THAT PRESENT A BROAD COLLECTION OF PROVEN PRACTICES FROM VETERAN INDUSTRY LEADERS. FINSECA PROVIDES MEMBERS WITH PRACTICAL, APPLICATION-ORIENTED ARTICLES ON TOPICS SUCH AS RECRUITING, SELECTION, LEADERSHIP AND RETENTION.

• ADVOCACY: THE MISSION OF FINSECA EFFORTS IN THE LEGISLATIVE AND REGULATORY AFFAIRS ARENA IS TO PROMOTE AND ADVOCATE FOR OUR MEMBERS, THEIR CLIENTS, AND THE BROADER INSURANCE COMMUNITY ON PUBLIC POLICY ISSUES ASSOCIATED WITH THE USE OF LIFE INSURANCE TO PROVIDE LONG-TERM SAVINGS, PROTECTION, AND FINANCIAL AND RETIREMENT SECURITY, IN THE INDIVIDUAL, FAMILY AND BUSINESS CONTEXT. MEMBERSHIP-RUN ISSUES COMMITTEES IN EACH OF THESE AREAS WORK IN CONJUNCTION WITH FINSECA STAFF AND COUNSEL TO MONITOR PUBLIC POLICY DEVELOPMENTS AND RECOMMEND POSITIONS AND ACTIONS UP THROUGH GOVERNMENT AFFAIRS COMMITTEE AND TO THE FINSECA BOARD THAT ARE DESIGNED TO ACHIEVE THE MOST FAVORABLE LEGISLATIVE AND REGULATORY RESULTS.EXAMPLES OF SPECIFIC LEGISLATIVE, REGULATORY AND PUBLIC AFFAIRS ISSUES UNDERTAKEN BY FINSECA INCLUDE MATTERS AFFECTING ESTATE PLANNING, DEFERRED COMPENSATION, BUSINESS USES OF LIFE INSURANCE, QUALIFIED PLANS, TAX TREATMENT AND REGULATION OF LIFE INSURANCE PRODUCTS AND PRODUCERS AND THE UNDERSTANDING OF LIFE INSURANCE BY CONGRESS AND THE GENERAL PUBLIC.

• PUBLIC AFFAIRS AND MARKETING: FINSECA'S COMMUNICATION EFFORTS HELP RAISE INDUSTRY AWARENESS OF THE ORGANIZATION'S EFFORTS.

• GLOBAL: CONSISTS OF MEMBERSHIP DUES, AWARDS, LICENSING FEES FOR PROGRAM SALES, AND EVENTS AND MEETINGS. PROVIDES MEMBERS WITH CUSTOMIZED BUSINESS AND LEADERSHIP SOLUTIONS THAT ARE CUTTING-EDGE AND DESIGNED TO HELP THEM, THEIR TEAM MEMBERS, AND THEIR BUSINESS TO OUTPERFORM ON A GLOBAL BASIS.

• EVENTS: LEADERS AND MANAGERS PROGRAM (LAMP) AND ADVANCED MARKET SUMMIT. LAMP IS AN EVENT THAT FINSECA HOSTS IN THE EARLY SPRING EACH YEAR. THE EVENT ATTRACTS DOMESTIC AND GLOBAL FINANCIAL LEADERS. ATTENDEES HEAR FROM SEVERAL KEYNOTE SPEAKERS ON VARIOUS TOPICS SUCH AS LEADERSHIP MOTIVATION, AND EXPERTS IN THE FINANCIAL PROFESSION. ADVANCED MARKET SUMMIT IS AN EVENT HELD IN LATE SPRING EACH YEAR. THIS EVENT ATTRACTS TOP FINANCIAL ADVISORS WHO ATTEND THE EVENT TO HEAR FROM FELLOW HIGH PERFORMING ADVISORS, RESEARCH EXPERTS, AND SPEAKERS WHO PROVIDE EXPERT ANALYSIS ON FEDERAL AND STATE LEGISLATIVE AND REGULATORY MATTERS. IN CONJUNCTION WITH THE EVENT, FINSECA OFFERS A "DAY ON THE HILL" FOR ATTENDEES WHO WISH TO MEET WITH THEIR LEGISLATIVE REPRESENTATIVES.

• ISSUES CAMPAIGN: FINSECA IS REQUIRED TO ELEVATE EFFORTS DUE TO SPECIFIC LEGISLATIVE AND REGULATORY THREATS AGAINST THE INDUSTRY. THESE ARE CLASSIFIED AS "ISSUES CAMPAIGN", I.E. DOL, TAX REFORM, ETC. INDIVIDUALS AND CORPORATE CONTRIBUTIONS ARE MADE TO SUPPORT CAMPAIGN MANAGEMENT, QUALITATIVE RESEARCH, POLLING, POLICY PARTNERSHIPS, EARNED MEDIA, ETC. TO MAXIMIZE THE PROFESSION'S IMPACT ON CAPITOL HILL TO ENSURE POLICY IS IN BENEFIT OF THE FINANCIAL SECURITY PROFESSIONAL. THE INDIVIDUAL AND CORPORATE PARTNERS ENGAGE IN ADVOCACY WORK, RECEIVE UNIQUE OPERATIONS INSIGHTS MONTHLY AND UNIQUE QUARTERLY PRINCIPALS CALLS, AND ARE RECOGNIZED THROUGH DIFFERENT EVENTS, WEBINARS, RESOURCES, ETC.

• NAILBA: NAILBA IS FINSECA'S NEWEST COMMUNITY AND IS THE VOICE OF INDEPENDENT BROKERAGE DISTRIBUTION. THIS COMMUNITY PROMOTES RETIREMENT SECURITY AND CONSUMER CHOICE IN THE INSURANCE AND FINANCIAL SERVICES MARKETPLACE THROUGH THE USE OF INDEPENDENT WHOLESALE BROKERAGE DISTRIBUTION CHANNELS. NAILBA'S SERVICES AND BENEFITS INCLUDE NETWORKING, AN ANNUAL CONFERENCE, AND THE CASE MANAGER CERTIFICATION PROGRAM.

• MEMBERSHIP AND ENGAGEMENT: THIS REPRESENTS THE COSTS OF PROVIDING BENEFITS TO PROMOTE AND RETAIN FINSECA MEMBERS.

• CORPORATE PARTNERS: PROVIDE A CUSTOMIZED PACKAGE AND PROCESS FOR FIRMS, AGENCIES, AND CARRIERS TO REACH THE FINANCIAL SECURITY PROFESSIONALS. THERE ARE A VARIETY OF METHODS TO PROVIDE INFORMATION AND NETWORK WITH FINSECA'S VARIETY OF COMMUNITIES: EVENTS, EDUCATION PROGRAMS, ADVOCACY PROGRAMMING, DIGITAL COMMUNICATIONS, E-COMMUNICATIONS, WEBSITE, PUBLICATIONS AND WEBSITE.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

The first 25 listed. 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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $20,164,644

  Expenses

  $17,899,038

  Contributions

  $5,840,950

  Grants paid

  $600,000

• 2023

  Revenue

  $18,872,317

  Expenses

  $20,328,088

  Contributions

  $4,678,833

  Grants paid

  $0

• 2022

  Revenue

  $16,709,489

  Expenses

  $18,807,668

  Contributions

  $5,510,208

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $13,236,912

  Expenses

  $12,562,686

  Assets (EOY)

  $8,033,532

• 2020 · 990

  Revenue

  $3,962,827

  Expenses

  $5,196,724

  Assets (EOY)

  $9,408,160

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

• AMERICAN COUNCIL OF LIFE INSURERS

  $600,000

  2024 · CONTRIBUTION TO COMBAT DOL LEGISLATIONS

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Other IRS files