Nonprofit · EIN 26-2312607
SECURITIES & INSURANCE LICENSING ASSOCIATION INC
Also known as SILA
Tax-exempt · ZIONSVILLE, IN 46077
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,369,632 | $1,071,746 | $297,886 | $2,287,103 | $279,273 | $2,007,830 |
| December 31, 2024 | 990 | $1,274,872 | $1,206,567 | $68,305 | $1,993,694 | $283,750 | $1,709,944 |
| December 31, 2023 | 990 | $1,038,648 | $1,003,306 | $35,342 | $1,937,125 | $295,486 | $1,641,639 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $388,225
- Membership dues
- $388,225
- Program service revenue
- $862,715
- Investment income
- $59,667
- Other revenue
- $59,025
Expenses
- Grants and similar amounts paid
- $35,000
- Compensation of officers, directors and key employees
- $118,521
- Other salaries and wages
- $103,506
- Salaries, compensation and benefits (total)
- $240,393
- Professional fundraising fees
- $0
- Accounting fees
- $2,000
- Occupancy
- $10,080
- Travel
- $9,029
- Depreciation
- $220
Balance sheet and other
- Total assets, start of year
- $1,993,694
- Total assets, end of year
- $2,287,103
- Total liabilities, end of year
- $279,273
- Net assets, end of year
- $2,007,830
- Net assets without donor restrictions
- $2,007,830
- Gross unrelated business income
- $4,275
- Gross receipts
- $1,369,632
- Employees
- 4
- Volunteers
- 200
- Year formed
- 2008
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHERRI L COLEMAN | EXECUTIVE VICE PRESIDENT Trustee or director, Officer | 40 | $118,521 |
| LESLI LEAKEY | GOVERNANCE CHAIR Trustee or director, Officer | 1 | $0 |
| NIKKI BROWN | SECRETARY Trustee or director, Officer | 1 | $0 |
| PAULA SISNEROS | TREASURER Trustee or director, Officer | 1 | $0 |
| TIM OWEN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| ALLISTER YU | COMMUNICATIONS DIRECTOR Trustee or director | 1 | $0 |
| AMY WARD | MEMBERSHIP DIRECTOR Trustee or director | 1 | $0 |
| APRIL GASKIN | SECURITIES DIRECTOR Trustee or director | 1 | $0 |
| BARB GAVITT | PRESIDENT ELECT Trustee or director | 1 | $0 |
| BILL SWANSTROM | FINRA REGULATORY ADVISOR Trustee or director | 1 | $0 |
| BRANDI BROWN | EDUCATION DIRECTOR Trustee or director | 1 | $0 |
| CODI HENRY | SPONSORSHIP & FUNDRAISING DIRECTOR Trustee or director | 1 | $0 |
| DEBORAH FABRITZ | STATE SECURITIES REGULATORY ADVISOR Trustee or director | 1 | $0 |
| FRED KARLINSKY | LEGAL ADVISOR Trustee or director | 1 | $0 |
| RACHEL CHESTER | STATE INSURANCE REGULATORY ADVISOR Trustee or director | 1 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD TOZER | STATE INSURANCE REGULATORY ADVISOR Trustee or director | 1 | $0 |
| RYAN FITZGERALD | VENDOR RELATIONS DIRECTOR Trustee or director | 1 | $0 |
| TRACY SLOAN | NOMINATIONS DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 20 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DIANA CAPES | EXECUTIVE DIRECTOR - EXITED 12/31/24 Trustee or director, Officer | 40 | $119,357 |
| SHERRI COLEMAN | EXECUTIVE DIRECTOR - STARTED 7/15/24 Trustee or director, Officer | 40 | $46,442 |
| HEATHER COULTER | TREASURER Trustee or director, Officer | 1 | $0 |
| BILL SWANSTROM | FINRA ADVISOR Trustee or director | 1 | $0 |
| PAUL WILLIS | PRESIDENT ELECT Trustee or director, Officer | 1 | $0 |
| PAULA SISNEROS | VENDOR RELATIONS CHAIR Trustee or director | 1 | $0 |
| JASON MCCARTNEY | SPONSORSHIP Trustee or director | 1 | $0 |
| FRED KARLINSKY | LEGAL ADVISOR Trustee or director | 1 | $0 |
| ALLISTER YU | COMMUNICATIONS CHAIR Trustee or director | 1 | $0 |
| DEBORAH FABRITZ | REGULATORY SECURITIES ADVISOR Trustee or director | 1 | $0 |
| TRACY SLOAN | NOMINATIONS Trustee or director | 1 | $0 |
| RICHARD TOZER | REGULATORY ADVISOR Trustee or director | 1 | $0 |
| NIKKI BROWN | SECRETARY Trustee or director, Officer | 1 | $0 |
| DIANA IVEY | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 1 | $0 |
| TIM OWEN | PRESIDENT ELECT Trustee or director, Officer | 1 | $0 |
| RACHEL CHESTER | REGULATORY ADVISOR Trustee or director | 1 | $0 |
| BRANDI BROWN | EDUCATION CHAIR Trustee or director | 1 | $0 |
| APRIL GASKIN | SECURITIES Trustee or director | 1 | $0 |
| AMY WARD | MEMBERSHIP SERVICES Trustee or director | 1 | $0 |
| LESLI LEAKEY | GOVERNANCE CHAIR Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DIANA CAPES | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $119,845 | $1,183 |
| HEATHER COULTER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CINDY DAVIDSON | EDUCATION CHAIR Trustee or director | 1 | $0 | $0 |
| BILL SWANSTROM | FINRA ADVISOR Trustee or director | 1 | $0 | $0 |
| PAUL WILLIS | PRESIDENT ELECT Trustee or director, Officer | 1 | $0 | $0 |
| PAULA SISNEROS | VENDOR RELATIONS CHAIR Trustee or director | 1 | $0 | $0 |
| NIKKI BROWN | MEMBERSHIP SERVICES Trustee or director | 1 | $0 | $0 |
| JASON MCCARTNEY | SPONSORSHIP Trustee or director | 1 | $0 | $0 |
| MARGIE WEBBER | GOVERNANCE CHAIR Trustee or director | 1 | $0 | $0 |
| DIANA IVEY | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| STEPHANIE RUSTAD | SECURITIES Trustee or director | 1 | $0 | $0 |
| FRED KARLINSKY | LEGAL ADVISOR Trustee or director | 1 | $0 | $0 |
| TIM OWEN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| SHERRI COLEMAN | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| ALLISTER YU | COMMUNICATIONS CHAIR Trustee or director | 1 | $0 | $0 |
| DEBORAH FABRITZ | REGULATORY SECURITIES ADVI Trustee or director | 1 | $0 | $0 |
| TRACY SLOAN | NOMINATIONS Trustee or director | 1 | $0 | $0 |
| RICHARD TOZER | REGULATORY ADVISOR Trustee or director | 1 | $0 | $0 |
| LORIE GASIOR | REGULATORY ADVISOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 498, ZIONSVILLE, IN 46077-0498
- Principal officer (990 for 2025)
- SHERRI COLEMAN, PO BOX 498, ZIONSVILLE, IN 46077
- Signed the 990
- SHERRI COLEMAN, EXECUTIVE VICE PRESIDENT
- Phone
- (800) 428-8329
- Website
- WWW.SILA.ORG
- Return prepared by
- BARNES DENNIG & CO LTD
Mission
THE MISSION OF THE SECURITIES AND INSURANCE LICENSING ASSOCIATION (SILA) IS TO PROVIDE AN EDUCATIONAL FORUM THROUGH WHICH ALL MEMBERS OF THE INSURANCE LICENSING AND SECURITIES REGISTRATION INDUSTRIES CAN EXCHANGE INFORMATION, BEST PRACTICES AND IDEAS TO RESOLVE ISSUES COMMON TO THE INDUSTRY. SILA PROVIDES A VENUE FOR INDUSTRY AND REGULATORS TO COME TOGETHER TO STREAMLINE AND IMPROVE LICENSING AND REGISTRATION ACROSS THE COUNTRY.
Program accomplishments
- MEMBERSHIP SERVICES: SILA CONTINUES TO PROVIDE THE FOLLOWING BENEFITS TO ITS MEMBERS: SILA LICENSING JOURNAL, MEMBERSHIP DIRECTORY, SILA NEWSLETTERS, SILA BEST PRACTICES HANDBOOK, RESOURCE CENTER (DISCUSSION FORUM, REGULATORY UPDATES, SUBGROUP COMMITTEES, NON-DUES PAYING CHAPTER MEETINGS), AND AWARD RECOGNITIONS. SILA ALSO OFFERS THE SILA DIGEST SERVICE AS A RESOURCE BENEFIT TO ITS MEMBERS, OFFERED UNDER A REVENUE SHARE ARRANGEMENT WITH THE CONTENT PROVIDERS.
- ANNUAL EDUCATION CONFERENCE: MEMBERS EXPERIENCE PROFESSIONAL DEVELOPMENT AND NETWORKING OPPORTUNITIES.
- TRAINING AND DESIGNATION PROGRAMS: PROVIDE EDUCATIONAL COURSES AND PROGRAMS FOR MEMBERS' EDUCATIONAL GROWTH AND RECOGNITION.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-2312607
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2008
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $2,287,103
- Income (IRS master file)
- $1,369,632
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,369,632 | $1,071,746 | $2,287,103 | XML |
| 990 | December 2024 | $1,274,872 | $1,206,567 | $1,993,694 | XML |
| 990 | December 2023 | $1,038,648 | $1,003,306 | $1,937,125 | XML |
| 990 | December 2022 | $909,747 | $869,903 | $1,844,452 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-2312607).
Questions about SECURITIES & INSURANCE LICENSING ASSOCIATION INC
- What is the EIN of SECURITIES & INSURANCE LICENSING ASSOCIATION INC?
- The employer identification number (EIN) of SECURITIES & INSURANCE LICENSING ASSOCIATION INC is 26-2312607.
- Is SECURITIES & INSURANCE LICENSING ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2008.
- Are donations to SECURITIES & INSURANCE LICENSING ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SECURITIES & INSURANCE LICENSING ASSOCIATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SECURITIES & INSURANCE LICENSING ASSOCIATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SECURITIES & INSURANCE LICENSING ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of SECURITIES & INSURANCE LICENSING ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 names SHERRI COLEMAN.
- Who are the officers and directors of SECURITIES & INSURANCE LICENSING ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 lists 18 people; 1 received compensation from the organization, the highest $118,521 (SHERRI L COLEMAN, EXECUTIVE VICE PRESIDENT).
- How much revenue does SECURITIES & INSURANCE LICENSING ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,369,632, expenses of $1,071,746 and total assets of $2,287,103 at year end.
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