2025-06-18T10:21:30-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 2021 SPRING ROAD SUITE 200 OAK BROOK IL 60523 990 2024-01-01 814966111 MDRT ACADEMY MDRT 8476926378 325 W TOUHY AVE PARK RIDGE IL 60068 STEPHEN P STAHR CEO 8476926378 2025-06-17 1 0 MELISSA STRUCK P01325376 6305738600 2025-06-10 2024 2025-03-06 01:10:19Z STEPHEN P STAHR 325 W TOUHY AVE PARK RIDGE IL 60068 9675305 0 X WWW.MDRT.ORG X 2017 IL A PROFESSIONAL ASSOCIATION AND COMMUNITY FOR ADVISORS STRIVING TO ACHIEVE MDRT-LEVEL PRODUCTION THAT'S AVAILABLE IN AN ENTIRELY MOBILE WORLD. 5 5 0 19 0 0 0 9556787 184600 118500 28 -20 0 0 184628 9675267 0 0 0 0 0 0 0 0 0 2805242 2437350 2805242 2437350 -2620614 7237917 468339 299943 7934327 528127 -7465988 -228184 A PROFESSIONAL ASSOCIATION AND COMMUNITY FOR ADVISORS STRIVING TO ACHIEVE MDRT-LEVEL PRODUCTION THAT'S AVAILABLE IN AN ENTIRELY MOBILE WORLD. 0 0 BACKED BY MDRT'S CULTURE OF SHARING, WHICH IS PROVEN TO EMPOWER GROWTH, THE MDRT ACADEMY'S TECHNOLOGY-ENABLED SYSTEM DELIVERS INNOVATIVE IDEAS FROM MDRT EXPERTS AND PREMIER COACHES. MDRT ACADEMY MEMBERS CAN ALSO GET REAL-TIME, REAL-LIFE ANSWERS TO REAL-WORLD CHALLENGES FROM THE MDRT ACADEMY MOBILE COMMUNITY. 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 4 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X DAVID DICKHUDT SENIOR DIRECTOR FINANCE 8476926378 325 W TOUHY AVE PARK RIDGE IL 60068 PEGGY TSAI FORMER PAST PRESIDENT 1.00 5.00 X X 0 61041 0 AURORA TANCOCK SECRETARY 1.00 5.00 X X 0 35206 0 GREG GAGNE PAST PRESIDENT 1.00 10.00 X X 0 88788 0 CAROL KHENG PRESIDENT 1.00 5.00 X X 0 112308 0 JOHN NICHOLS 1ST VICE PRESIDENT 1.00 5.00 X X 0 48914 0 CLAY GILLESPIE 2ND VICE PRESIDENT 1.00 5.00 X X 0 58924 0 STEPHEN STAHR CEO 1.00 39.00 X 0 994021 150058 0 1399202 150058 0 0 1 0 EIGHT BIT STUDIOS LLC 1 EAST ERIES ST STE 525-4993 CHICAGO IL 60611 IT CONSULTING 1289193 1 9556787 9556787 MEMBERSHIP INCOME 611430 118500 118500 118500 18 38 -20 -20 -20 9675267 118480 0 0 X 868 8769 533991 356345 1703 1400000 22931 16441 CONTENT DEVELOPMENT 96257 MISCELLANEOUS EXPENSE 45 2437350 220336 299873 247753 0 250 70 468339 299943 236992 309320 3025 14600 7694310 204207 7934327 528127 X -7465988 -228184 -7465988 -228184 468339 299943 7237917 -113 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 DUE TO AFFILIATE 204207 204207 X PART X, LINE 2: MDRT ACADEMY FOLLOWS THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS. MDRT HAS DETERMINED THAT IT IS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2024 AND 2023. CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES SEMINARS, NEWSLETTERS, MEMBERSHIP SUPPORT 44067 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES SEMINARS, NEWSLETTERS, MEMBERSHIP SUPPORT 96396 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES SEMINARS, NEWSLETTERS, MEMBERSHIP SUPPORT 85380 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES SEMINARS, NEWSLETTERS, MEMBERSHIP SUPPORT 2754 NORTH AMERICA 0 0 PROGRAM SERVICES SEMINARS, NEWSLETTERS, MEMBERSHIP SUPPORT 148726 SOUTH AMERICA 0 0 PROGRAM SERVICES SEMINARS, NEWSLETTERS, MEMBERSHIP SUPPORT 2754 SOUTH ASIA 0 0 PROGRAM SERVICES SEMINARS, NEWSLETTERS, MEMBERSHIP SUPPORT 269910 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES SEMINARS, NEWSLETTERS, MEMBERSHIP SUPPORT 2754 0 0 0 0 0 0 652741 0 652741 0 0 0 0 0 0 PART I, LINE 3: THE ORGANIZATION USES THE ACCRUAL METHOD TO ACCOUNT FOR EXPENDITURES OUTSIDE OF THE UNITED STATES. X X X X 1 1 0 1 0 STEPHEN STAHR CEO 0 838455 0 155566 0 0 0 115022 0 35036 0 1144079 0 0 PART I, LINE 1A EXECUTIVE MEMBERS AND THE CEO CAN CHOOSE TO TRAVEL FIRST CLASS ON FLIGHTS WITH DURATIONS OF THREE HOURS OR LONGER (NONTAXABLE BENEFIT). SPOUSES CAN ACCOMPANY THE EXECUTIVE COMMITTEE MEMBERS ON THEIR TRAVELS (TAXABLE BENEFIT). EACH EXECUTIVE COMMITTEE MEMBER RECEIVES A GROSS UP PAYMENT RELATED TO THEIR SPOUSAL TRAVEL. EXECUTIVE COMMITTEE MEMBERS RECEIVE AN ADMINISTRATIVE ALLOWANCE TAXABLE TO THE INDIVIDUAL TO DEFRAY THE COST OF STAFF SUPPORT EXPENSES THEY MAY INCUR IN THE PERFORMANCE OF THEIR EXECUTIVE COMMITTEE DUTIES AND ORGANIZATION WORK. NO MEMBER OF THE ORGANIZATION OR OF THE EXECUTIVE COMMITTEE, OR OF ANY OTHER COMMITTEE, RECEIVES COMPENSATION FOR SERVICES RENDERED. THE AMOUNTS BUDGETED FOR THE MATTERS ABOVE ARE INCLUDED IN THE ORGANIZATION'S BUDGET. THE BUDGET IS APPROVED BY THE FINANCE COMMITTEE ON AN ANNUAL BASIS. PART I, LINE 1B THE ORGANIZATION'S AFFILIATE, MDRT, MAINTAINS AND FOLLOWS WRITTEN POLICIES REGARDING FIRST CLASS TRAVEL, SPOUSE TRAVEL, GROSS-UP PAYMENTS, AND DISCRETIONARY SPENDING ACCOUNTS. PART I, LINE 3 EXPENSE REPORTS MUST BE SUBMITTED IN ORDER TO RECEIVE REIMBURSEMENT FROM THE ORGANIZATION'S AFFILIATE, MDRT. RECEIPTS ARE REQUIRED FOR ITEMS $25 OR GREATER. RECEIPTS ARE REQUIRED FOR ALL PURCHASES MADE WITH THE ORGANIZATION'S CREDIT CARD. PART I, LINE 4B THE FOLLOWING PERSON RECEIVED BENEFITS FROM OR OTHERWISE PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: STEPHEN STAHR - BENEFITS DO NOT VEST UNTIL RETIREMENT DATE IS REACHED. FORM 990, PART VI, SECTION A, LINE 1A THE MDRT ACADEMY IS GOVERNED AND MANAGED BY THE MILLION DOLLAR ROUND TABLE EXECUTIVE COMMITTEE WHICH FUNCTIONS AS THE BOARD OF GOVERNANCE. THE COMMITTEE HAS FIVE VOTING OFFICERS AND INCLUDES THE CHIEF EXECUTIVE OFFICER AS EX-OFFICIO, NON-VOTING MEMBER. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS ONE CLASS OF MEMBERSHIP: QUALIFYING. THIS CLASS OF MEMBERSHIP SHALL BE A PRIVILEGE WHICH MAY BE GRANTED OR WITHHELD EACH YEAR BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION SUPPLIED BY MANAGEMENT. A DRAFT OF THE RETURN IS REVIEWED BY MANAGEMENT WITH ANY APPROPRIATE CHANGES BEING INCORPORATED INTO THE DOCUMENT BEFORE BEING PROVIDED TO THE GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH EXECUTIVE COMMITTEE MEMBER IS REQUIRED TO AGREE TO THE CONFLICT OF INTEREST POLICY AND ACKNOWLEDGES THIS BY SIGNING THE CONFLICT OF INTEREST POLICY STATEMENT ON AN ANNUAL BASIS. COMPLIANCE IS MONITORED BY THE EXECUTIVE COMMITTEE ON AN ANNUAL BASIS. THE POLICY REQUIRES FULL AND PROMPT DISCLOSURE TO THE EXECUTIVE COMMITTEE OF ALL RELEVANT FACTS REGARDING ANY POSSIBLE CONFLICTS OF INTEREST. EACH EXECUTIVE COMMITTEE MEMBER AGREES TO INFORM IN WRITING AN OFFICER OF MDRT NOT AFFECTED BY THE CONFLICT. THEY MUST THEN REFRAIN FROM EXECUTIVE COMMITTEE DISCUSSION WITH RESPECT TO THE MATTER AND REFRAIN FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G BANK FEES 6,223. PROFESSIONAL FEES 527,768. FORM 990, PART XII, LINE 2C THE ORGANIZATION'S EXECUTIVE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. MILLION DOLLAR ROUND TABLE 325 W TOUHY AVENUE PARK RIDGE IL 60068 362138427 INSURANCE AND INVESTMENT PROFESSIONALS NETWORK IL 501(C)(6) 0 MILLION DOLLAR ROUND TABLE FOUNDATION 325 W TOUHY AVENUE PARK RIDGE IL 60068 366080766 GRANT MAKING TO OTHER CHARITABLE ORGANIZATIONS IL 501(C)(3) LINE 7 N/A 0 MDRT GLOBAL SERVICES 325 W TOUHY AVENUE PARK RIDGE IL 60068 842903878 AN ASSOCIATION DESIGNED FOR INFLUENCERS IN THE INDUSTRY TO ENGAGE WITH MDRT. IL 501(C)(6) MILLION DOLLAR ROUND TABLE 1 MDRT BUSINESS SERVICES INC 325 W TOUHY AVE PARK RIDGE IL 60068 842883648 CREATE AND SELL PRODUCTS AND SERVICES IL MILLION DOLLAR ROUND TABLE C 1.00000 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0