2024-09-27T13:53:01-05:00 2023-12-31 371335003 ECK SCHAFER & PUNKE LLP 227 S Seventh Street Springfield IL 62701 990 2023-01-01 370345280 NAIFA Illinois NAIF 2175290126 PO Box 13365 Springfield IL 62791 Sara Decatoire Executive Director 2175290126 2024-09-12 1 1 Brent Leach P00331592 2175251111 2024-09-12 2023 2024-10-15 13:58:12Z Sara Decatoire PO Box 13365 Springfield IL 62791 221825 0 X www.NAIFA-IL.com X 1946 IL TO GIVE MEMBERS FROM INSURANCE AND FINANCIAL ADVISORY PROFESSIONS EDUCATIONAL SUPPORT. 11 11 0 0 0 0 209984 191012 26391 21592 2053 8521 2735 700 241163 221825 0 0 0 0 0 0 0 0 0 208647 217283 208647 217283 32516 4542 482755 479983 30927 23613 451828 456370 To advocate legislative awareness and involvement, facilitate professional growth, and provide leadership development opportunities to licensed providers of financial products and services. 0 0 176273 22292 Expenses related to the education and professional development of the Association's members. 176273 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 2 0 1 0 0 0 0 0 1 1 0 0 0 X 11 11 0 1 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Sara E Decatoire 2175290126 PO Box 13365 Springfield IL 62791 X Dennis Dean President 1.00 X X 0 0 0 Eric Essex President Elect 1.00 X X 0 0 0 David Kikoen Secretary/Treasurer 1.00 X X 0 0 0 Tim Foley Immediate Past President 1.00 X 0 0 0 Laurie Adams Senior Counsel 1.00 X 0 0 0 Pierre Pajak Liaison to NAIFA Chicagoland 1.00 X 0 0 0 Lisa Bickus IFAPAC/ GR Director 1.00 X 0 0 0 Thao Huynh APIC/GR Director/Diversity 1.00 X 0 0 0 Dennis Gorski Membership/Marketing Direc 1.00 X 0 0 0 Robert Burd Membership/Marketing Direc 1.00 X 0 0 0 Ray Shimizu Professional Dev. & Progra 1.00 X 0 0 0 Kyler Spencer Professional Dev. & Progra 1.00 X 0 0 0 Sara Decatoire Executive Director 40.00 X 0 0 0 0 0 0 0 0 0 1 Pivot Management Professionals 526 E Allen Street Springfield IL 62703 Management 110000 1 191012 191012 Special Programs Reven 611430 21592 21592 21592 8521 8521 Miscellaneous Income 611430 700 700 700 221825 22292 0 8521 127400 13225 25000 688 4916 7443 3164 Regional Events 18844 Committee 7306 Officer & Board Expense 4125 Membership Acquisition 3301 1871 217283 399180 395687 81330 82484 354 0 1891 1812 482755 479983 7489 7764 23438 15849 30927 23613 X 451828 456370 451828 456370 482755 479983 4542 0 X X 1 X 0 1 0 IFAPAC - Illinois PO Box 13365 Springfield IL 62791 70735 0 0 0 191012 25000 25000 21450 3550 0 X Part X, Line 2: The Organization follows accounting principles generally accepted in the United States of America which sets a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Tax positions for the open tax years as of December 31, 2023 were reviewed, and it was determined that no provision for uncertain tax positions is required. 1 X X 0 0 0 Sara Decatoire Executive Director 0 0 0 0 0 0 0 0 0 0 0 0 Part I, Line 3 The executive committee determines the compensation of the Executive Director's management company on an annual basis. Form 990, Part VII, Section A, Line 5 On an annual basis, the executive committee reviews and approves the service contract with the Executive Director's management company, Pivot Management Professionals. The organization paid the company $110,000 for management services for the year. Form 990, Part VI, Section A, line 3 The organization's management duties are performed primarily by the Executive Director in agreeance to the organization's service contract with the Executive Director's company, Pivot Management Professionals. Form 990, Part VI, Section A, line 6 The members of the organization include professionals in the insurance and financial advisory industry. Form 990, Part VI, Section A, line 7a The nominating committee, comprised of current members, presents nominated candidates to the board. The delegates council then votes on the new members. Form 990, Part VI, Section B, line 11b THE ORGANIZATION PROVIDES A COPY OF THE 990 TO THE BOARD OF DIRECTORS PRIOR TO FILING. Form 990, Part VI, Section B, line 12c On an annual basis, each Board member and staff member are required to complete a conflict of interest statement and submit it to the Board of Directors. Form 990, Part VI, Section B, line 15 The executive committee determines the compensation of the management company on an annual basis. Form 990, Part VI, Section C, line 19 The association makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part XII, Line 2c: No change from prior year. NAIFA Illinois Foundation PO Box 13365 Springfield IL 627913365 371368912 Provide scholarships to colleges IL 501(c)3 NAIFA Illinois 0 IL Assn of Insurance & Financial Advisors PAC PO Box 13365 Springfield IL 627913365 Political advocacy to benefit the Insurance & Finance Professionals industry IL 527(f)(3) NAIFA Illinois 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 Q