Nonprofit · EIN 52-1912672
LIFE INSURANCE SETTLEMENT ASSOCIATION
Tax-exempt · WASHINGTON, DC 20036
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,171,838 | $1,023,758 | $148,080 | $667,545 | $193,781 | $473,764 |
| December 31, 2024 | 990 | $1,243,447 | $909,978 | $333,469 | $584,854 | $259,170 | $325,684 |
| December 31, 2023 | 990 | $1,058,637 | $1,068,019 | -$9,382 | $468,749 | $476,534 | -$7,785 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,029,575
- Investment income
- $1,319
- Other revenue
- $140,944
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $4,412
- Accounting fees
- $1,000
- Travel
- $15,899
Balance sheet and other
- Total assets, start of year
- $584,854
- Total assets, end of year
- $667,545
- Total liabilities, end of year
- $193,781
- Net assets, end of year
- $473,764
- Net assets without donor restrictions
- $473,764
- Gross receipts
- $1,171,838
- Employees
- 0
- Volunteers
- 9
- Year formed
- 1994
- State of legal domicile
- FL
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 |
|---|---|---|---|
| Rob Haynie | CHAIR Trustee or director, Officer | 10 | $0 |
| Nate McCormick | Vice Chair Trustee or director, Officer | 3 | $0 |
| Christopher Conway | Secretary/Treas Trustee or director, Officer | 3 | $0 |
| Neal Jacobs | Past Chair Trustee or director, Officer | 3 | $0 |
| Samantha Butcher | Director Trustee or director | 3 | $0 |
| John Dallas | Director Trustee or director | 3 | $0 |
| Sherry Duarte | Director Trustee or director | 3 | $0 |
| Taylor Garvey | Director Trustee or director | 3 | $0 |
| Clay Gibson | Director Trustee or director | 3 | $0 |
| Courtney Wassef | Director Trustee or director | 3 | $0 |
| James Westerlind | Director Trustee or director | 3 | $0 |
| John Welcom | Director Trustee or director | 3 | $0 |
| Bryan Nicholson | Executive Dir. Officer | 50 | $0 |
990 for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| John Dallas | CHAIR Trustee or director, Officer | 10 | $0 |
| Neal Jacobs | Vice Chair Trustee or director, Officer | 3 | $0 |
| Christopher Conway | Secretary/Treas Trustee or director, Officer | 3 | $0 |
| Sherry Duarte | Past Chair Trustee or director, Officer | 3 | $0 |
| Brian T Casey | Director Trustee or director | 3 | $0 |
| Rob Haynie | Director Trustee or director | 3 | $0 |
| Nate McCormick | Director Trustee or director | 3 | $0 |
| Steven Shapiro | Director Trustee or director | 3 | $0 |
| John Welcom | Director Trustee or director | 3 | $0 |
| Bryan Nicholson | Executive Dir. Officer | 50 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sherry Duarte | CHAIR Trustee or director, Officer | 10 | $0 |
| John Dallas | Vice Chair Trustee or director, Officer | 3 | $0 |
| Christopher Conway | Secretary/Treas Trustee or director, Officer | 3 | $0 |
| John Welcom | Past Chair Trustee or director, Officer | 3 | $0 |
| Brian T Casey | Director Trustee or director | 3 | $0 |
| Rob Haynie | Director Trustee or director | 3 | $0 |
| Neal Jacobs | Director Trustee or director | 3 | $0 |
| Nate McCormick | Director Trustee or director | 3 | $0 |
| Steven Shapiro | Director Trustee or director | 3 | $0 |
| Bryan Nicholson | Executive Dir. Officer | 50 | $0 |
Address and contacts
- Address (IRS master file)
- 1800 M ST NW STE 400S, WASHINGTON, DC 20036-5878
- Signed the 990
- Bryan Nicholson, Executive Dir.
- Phone
- (202) 580-6188
- Website
- LISA.ORG
- Return prepared by
- Barnes Givens & Barnes Ltd
Mission
TO ADVANCE THE HIGHEST STANDARDS OF PRACTICE AND PROFESSIONAL DEVELOPMENT FOR THE INDUSTRY, AND TO EDUCATE CONSUMERS AND ADVISORS ABOUT A LIFE SETTLEMENT AS AN ALTERNATIVE TO LAPSE OR SURRENDER OF A LIFE INSURANCE POLICY.
Program accomplishments
- MEETINGS, LEGISLATIVE UPDATES, AND PUBLICATIONS TO KEEP MEMBERS EDUCATED AND INFORMED WITH REGARD TO NEW LAWS AND REGULATIONS.
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
- 52-1912672
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $667,545
- Income (IRS master file)
- $1,171,838
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,171,838 | $1,023,758 | $667,545 | XML |
| 990 | December 2024 | $1,243,447 | $909,978 | $584,854 | XML |
| 990 | December 2023 | $1,058,637 | $1,068,019 | $468,749 | XML |
| 990 | December 2022 | $1,207,345 | $917,053 | $171,658 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 52-1912672).
Questions about LIFE INSURANCE SETTLEMENT ASSOCIATION
- What is the EIN of LIFE INSURANCE SETTLEMENT ASSOCIATION?
- The employer identification number (EIN) of LIFE INSURANCE SETTLEMENT ASSOCIATION is 52-1912672.
- Is LIFE INSURANCE SETTLEMENT ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1995.
- Are donations to LIFE INSURANCE SETTLEMENT ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LIFE INSURANCE SETTLEMENT ASSOCIATION 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 LIFE INSURANCE SETTLEMENT ASSOCIATION 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 LIFE INSURANCE SETTLEMENT ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of LIFE INSURANCE SETTLEMENT ASSOCIATION?
- The 990 for the year ended December 31, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does LIFE INSURANCE SETTLEMENT ASSOCIATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,171,838, expenses of $1,023,758 and total assets of $667,545 at year end.
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