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Nonprofit · EIN 45-3249908

SECURITIES & INSURANCE LICENSING ASSOCIATION FOUNDATION

Also known as SILA FOUNDATION

Tax-exempt · ZIONSVILLE, IN 46077

Financials

$93K$72K2023$81K$75K2024$94K$82K2025
Revenue Expenses · by fiscal year end
Financials of SECURITIES & INSURANCE LICENSING ASSOCIATION FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$94,205$82,171$12,034$167,812$4,299$163,513
December 31, 2024990-EZ$80,574$75,237$5,337$155,963$4,484$151,479
December 31, 2023990-EZ$93,351$71,648$21,703$150,730$4,588$146,142
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$23,404
Program service revenue
$47,469
Investment income
$3,507
Net income from fundraising events
$19,215
Other revenue
$610

Expenses

Grants and similar amounts paid
$20,375
Compensation of officers, directors and key employees
$41,967
Salaries, compensation and benefits (total)
$41,967
Professional fees and payments to contractors
$8,329
Occupancy
$1,038
Printing, publications and postage
$1,886
Other expenses
$8,576
Program services (functional)
$21,175

Balance sheet and other

Total assets, start of year
$155,963
Total assets, end of year
$167,812
Total liabilities, end of year
$4,299
Net assets, end of year
$163,513
Cash, savings and investments
$166,133
Gross receipts
$117,719

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-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MARY ELLEN HAMMACKEXECUTIVE DIRECTOR20$41,967
NIKKI BROWNPRESIDENT3$0
SHERRI L COLEMANTRUSTEE, SILA RELATIONS3$0
FRED KARLINSKYTRUSTEE, REGULATORY G RELATIONS1$0
STEPHANIE RUSTADSECRETARY1$0
ANN ROBINSONTRUSTEE, COMMUNICATIONS & PR1$0
DAN KOLAKOWSKITRUSTEE, DEVELOPMENT2$0
JULIE MENDELTRUSTEE, EDUCATION1$0
SUSAN DURBINTRUSTEE, SCHOLARSHIPS & GRANTS1$0
DONNA ROBINSONTREASURER1$0
MARGIE WEBBERTRUSTEE, COMPLIANCE2$0
990-EZ for the year ended December 31, 2024: 12 people
NameTitleHours / weekCompensation
MARY ELLEN HAMMACKEXECUTIVE DIRECTOR20$39,716
LESLI LEAKEYIMMEDIATE-PAST PRESIDENT1$0
NIKKI BROWNPRESIDENT1$0
STEPHANIE RUSTADSECRETARY1$0
ROBERT BIRMANTREASURER1$0
ANN ROBINSONTRUSTEE, COMMUNICATIONS & PR1$0
MARGARET BRAGGTRUSTEE, COMPLIANCE1$0
DAN KOLAKOWSKITRUSTEE, DEVELOPMENT1$0
JULIA MENDELTRUSTEE, EDUCATION1$0
FRED KARLINSKYTRUSTEE, REGULATORY & ORG RELATIONS1$0
SUSAN DURBINTRUSTEE, SCHOLARSHIPS & GRANTS1$0
DIANA CAPESTRUSTEE, SILA RELATIONS1$0
990-EZ for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
MARY ELLEN HAMMACKEXECUTIVE DIRECTOR20$37,811
ANN ROBINSONTRUSTEE, COMMUNICATIONS &1$0
ROBERT BIRMANTREASURER1$0
DIANA CAPESTRUSTEE, SILA RELATIONS1$0
FRED KARLINSKYTRUSTEE, REGULATORY & ORGA1$0
JULIA MENDELTRUSTEE, EDUCATION1$0
LESLI LEAKEYPRESIDENT1$0
MARGARET BRAGGTRUSTEE, COMPLIANCE1$0
NIKKI BROWNSECRETARY1$0
SUSAN BOLESTRUSTEE, SCHOLARSHIPS & GR1$0
DAN KOLAKOWSKITRUSTEE, DEVELOPMENT1$0

Address and contacts

Address (IRS master file)
PO BOX 498, ZIONSVILLE, IN 46077-0498
Signed the 990-EZ
MARY ELLEN HAMMACK, EXECUTIVE DIRECTOR
Phone
(866) 247-1284
Return prepared by
BARNES DENNIG & CO LTD

Mission

THE PURPOSE OF THE SILA FOUNDATION IS TO PROVIDE AN EDUCATION FORUM FOR THE PUBLIC. EDUCATIONAL CONTENT WILL COVER FINANCIAL SERVICES, SPECIFICALLY SECURITIES AND/OR INSURANCE, AND ITS PURPOSE WILL BE TO DEVELOP AND/OR IMPROVE INDIVIDUALS' CAPABILITIES REGARDING FINANCIAL SERVICES. ACTIVITIES MAY INCLUDE EDUCATIONAL MATERIALS, COURSES, PUBLIC DISCUSSION GROUPS, FORUMS, PANELS, LECTURES, PERSONAL CAREER DEVELOPMENT, MENTORING, JOB TRAINING, JOB FAIRS, OR OTHER PROGRAMS AS DETERMINED BY THE SILA FOUNDATION BOARD OF TRUSTEES. THESE ACTIVITIES MAY BE PRESENTED IN THE PERSON OR VIA THE INTERNET.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • TO PROVIDE SCHOLARSHIPS FOR PERSONS ENROLLED IN POST-SECONDARY EDUCATION DEALING IN THE FINANCIAL SERVICES FIELD.
    Expenses $17,375
  • THE "FOOTPRINT" PROGRAM, SILA FOUNDATION WILL PROVIDE TWO GRANTS TO ORGANIZATIONS LOCATED NEAR THE CITY WHERE SILA, INC.'S NATIONAL CONFERENCE IS BEING HELD.
    Expenses $3,000
  • THE SILA FOUNDATION CERTIFICATION EDUCATION PROGRAM OFFERS LINE SPECIFIC LEARNING TRACKS IN THE FIELD OF INSURANCE AND SECURITIES LICENSING ADMINISTRATION GIVING STUDENTS THE OPPORTUNITY TO FOCUS THEIR STUDIES DIRECTLY ON A CAREER RELATED CURRICULUM. THE VARIETY OF COURSES SELECTED FROM PARTICIPATING PROVIDERS FACILITATES INDIVIDUAL TRAINING TRACKS TO ACCOMMODATE THE STUDENT'S AREA OF SPECIALIZATION OF LICENSING ADMINISTRATION.
    Expenses $800

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
45-3249908
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2012
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B60)
Assets (IRS master file)
$167,812
Income (IRS master file)
$117,719

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$94,205$82,171$167,812XML
990-EZDecember 2024$80,574$75,237$155,963XML
990-EZDecember 2023$93,351$71,648$150,730XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 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 45-3249908).

Questions about SECURITIES & INSURANCE LICENSING ASSOCIATION FOUNDATION

What is the EIN of SECURITIES & INSURANCE LICENSING ASSOCIATION FOUNDATION?
The employer identification number (EIN) of SECURITIES & INSURANCE LICENSING ASSOCIATION FOUNDATION is 45-3249908.
Is SECURITIES & INSURANCE LICENSING ASSOCIATION FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to SECURITIES & INSURANCE LICENSING ASSOCIATION FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SECURITIES & INSURANCE LICENSING ASSOCIATION FOUNDATION 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 FOUNDATION 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 FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of SECURITIES & INSURANCE LICENSING ASSOCIATION FOUNDATION?
The 990-EZ for the year ended December 31, 2025 lists 11 people; 1 received compensation from the organization, the highest $41,967 (MARY ELLEN HAMMACK, EXECUTIVE DIRECTOR).
How much revenue does SECURITIES & INSURANCE LICENSING ASSOCIATION FOUNDATION have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $94,205, expenses of $82,171 and total assets of $167,812 at year end.

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