Nonprofit · EIN 84-5006056
LIFE INSURANCE CONSUMER ADVOCACY CENTER
Tax-exempt · PLEASANT HILL, CA 94523
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $34,839 | $82,171 | -$47,332 | $405,365 | $0 | $405,365 |
| December 31, 2023 | 990 | $249,249 | $37,842 | $211,407 | $449,963 | $0 | $449,963 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $22,071
- Program service revenue
- $0
- Investment income
- $12,768
- Other revenue
- $0
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
- $20,000
- Program services (functional)
- $80,388
- Management and general (functional)
- $1,322
- Fundraising (functional)
- $461
Balance sheet and other
- Total assets, start of year
- $449,963
- Total assets, end of year
- $405,365
- Total liabilities, end of year
- $0
- Net assets, end of year
- $405,365
- Net assets without donor restrictions
- $405,365
- Gross receipts
- $34,839
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2020
- State of legal domicile
- CA
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Richard M Weber | Treasurer Trustee or director, Officer | 5 | $0 |
| Brian P Brosnahan | Executive Dir. Trustee or director, Officer | 10 | $0 |
| Gerard J Vanderzanden | Secretary Trustee or director, Officer | 5 | $0 |
| Charles Freiberg | Director Trustee or director | 3 | $0 |
| Roger B Patterson | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Richard M Weber | Treasurer Trustee or director, Officer | 10 | $0 |
| Brian P Brosnahan | Executive Dir. Trustee or director, Officer | 10 | $0 |
| Gerard J Vanderzanden | Secretary Trustee or director, Officer | 5 | $0 |
| Charles Freiberg | Director Trustee or director | 1 | $0 |
| Roger B Patterson | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 25A CRESCENT DRIVE 415, PLEASANT HILL, CA 94523-5508
- Mailing address (990-N for 2021)
- 25A Crescent Drive, San Francisco CA 94131
- Principal officer (990 for 2024)
- Brian P Brosnahan, 25A Crescent Drive 415, Pleasant Hill, CA 94523
- Principal officer (990-N for 2021)
- Brian Brosnahan, 134 Laidley Street, San Francisco CA 94131
- Signed the 990
- Brian P Brosnahan, Executive Dir.
- Phone
- (510) 735-7191
- Return prepared by
- MPK Advisors & CPAs
California records
California keeps its own records of charities and corporations. Search them by EIN 84-5006056 or by the name LIFE INSURANCE CONSUMER ADVOCACY CENTER.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
The mission of the Life Insurance Consumer Advocacy Center (the Center) isto alert the public, including consumers and policymakers, about the potential risks of certain types of life insurance policies, particularly life insurance investment schemes (LIIS) falling within the category of universal life, and about unfair practices in how such policies are sold; and to advocate for reasonable and essential consumer protections for these types of products.
Program accomplishments
- In 2024, LICAC participated in the legislative process, opposing California SB 263 and securing several modest but pro-consumer changes to the bill; LICAC pursued Public Records Act requests to the California Department of Insurance for information about consumer complaints regarding life insurance and annuities; LICAC participated as a Consumer Representative to the National Association of Insurance Commissioners; LICAC submitted an amicus brief to the 9th Circuit Court of Appeals supporting the consumer in Moriarty v. American General Life Insurance Company; LICAC continued its public education mission through its website, social media, press releases, and press interviews.Expenses $80,388
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 | Not 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
- 84-5006056
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Public and societal benefit (W90)
- Assets (IRS master file)
- $405,365
- Income (IRS master file)
- $34,839
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $34,839 | $82,171 | $405,365 | XML |
| 990 | December 2023 | $249,249 | $37,842 | $449,963 | XML |
| 990 | December 2022 | $247,908 | $12,110 | $238,556 | IRS |
| 990-N for 2021 Officer: Brian Brosnahan | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Brian Brosnahan | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
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 84-5006056).
Questions about LIFE INSURANCE CONSUMER ADVOCACY CENTER
- What is the EIN of LIFE INSURANCE CONSUMER ADVOCACY CENTER?
- The employer identification number (EIN) of LIFE INSURANCE CONSUMER ADVOCACY CENTER is 84-5006056.
- Is LIFE INSURANCE CONSUMER ADVOCACY CENTER tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2022.
- Are donations to LIFE INSURANCE CONSUMER ADVOCACY CENTER tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LIFE INSURANCE CONSUMER ADVOCACY CENTER file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of LIFE INSURANCE CONSUMER ADVOCACY CENTER due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LIFE INSURANCE CONSUMER ADVOCACY CENTER last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of LIFE INSURANCE CONSUMER ADVOCACY CENTER?
- The 990 for the year ended December 31, 2024 names Brian P Brosnahan.
- Who are the officers and directors of LIFE INSURANCE CONSUMER ADVOCACY CENTER?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does LIFE INSURANCE CONSUMER ADVOCACY CENTER have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $34,839, expenses of $82,171 and total assets of $405,365 at year end.
Other nonprofits in PLEASANT HILL
- ECLECTIC INSTITUTE EIN 20-0947552 · last filed 990-N for 2023
- CAL FOODS LOGISTICS EIN 85-2138383 · last filed 990 for 2025
- CONTRA COSTA INTERFAITH TRANSITIONAL HOUSING INC EIN 91-1797391 · last filed 990 for 2025
- LOS ANGELES MACHINIST BENEFIT TR EIN 95-2755074 · last filed 990 for 2025
- EAST BAY INTEGRATED CARE INC EIN 94-2515405 · last filed 990 for 2024
- CHOICE IN AGING EIN 94-2822559 · last filed 990 for 2025
- CONTRA COSTA COUNTRY CLUB EIN 94-0402725 · last filed 990 for 2024
- SYMPOSIA MEDICUS INC EIN 94-2515474 · last filed 990 for 2024
All nonprofits in PLEASANT HILL · California · Public and societal benefit