Civic Intelligence

Conference of Consulting Actuaries

EIN 36-2476230 • 501(c)6 • Bee Cave, TX

Profile

The Conference serves as an educational and professional membership organization for actuaries located primarily in the United States and Canada.

PMB 265 15511 W Hwy 71 110Bee Cave, TX 78738-2925

www.ccactuaries.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

21st percentile

0.06x

Higher debt load relative to assets than 21% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

29th percentile

0.21x

Higher debt load relative to revenue than 29% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Net Margin

15th percentile

-8.4%

Higher net margin than 15% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

46th percentile

$357,172

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 10.8% of source-year revenue.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Asset Growth

24th percentile

-0.9%

Faster asset growth than 24% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

67th percentile

11%

Faster revenue growth than 67% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$10,734,323

Up $859,449 (+8.7%) from 2022

Liabilities

Up

$688,727

Up $31,736 (+4.8%) from 2022

Net Assets

Up

$10,045,596

Up $827,713 (+9.0%) from 2022

Revenue

Up

$3,303,211

Up $362,271 (+12%) from 2022

Expenses

Up

$3,579,521

Up $879,392 (+33%) from 2022

Net Income

Down

-$276,310

Down $517,121 (-215%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2013: $7,720,235Liabilities 2013: $794,147Net Assets 2013: $6,926,0882013Assets 2014: $8,040,173Liabilities 2014: $766,915Net Assets 2014: $7,273,2582014Assets 2015: $8,109,950Liabilities 2015: $680,173Net Assets 2015: $7,429,7772015Assets 2017: $9,521,041Liabilities 2017: $799,792Net Assets 2017: $8,721,2492017Assets 2019: $10,499,346Liabilities 2019: $899,463Net Assets 2019: $9,599,8832019Assets 2020: $10,936,014Liabilities 2020: $726,889Net Assets 2020: $10,209,1252020Assets 2021: $11,632,171Liabilities 2021: $602,853Net Assets 2021: $11,029,3182021Assets 2022: $9,874,874Liabilities 2022: $656,991Net Assets 2022: $9,217,8832022Assets 2024: $10,734,323Liabilities 2024: $688,727Net Assets 2024: $10,045,5962024

Highlighted filing

2024

Assets$10,734,323
Liabilities$688,727
Net Assets$10,045,596

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $2,060,469Expenses 2013: $1,712,082Net Income 2013: $348,3872013Revenue 2014: $2,381,423Expenses 2014: $2,282,358Net Income 2014: $99,0652014Revenue 2015: $2,621,063Expenses 2015: $2,351,408Net Income 2015: $269,6552015Revenue 2017: $2,525,440Expenses 2017: $2,408,264Net Income 2017: $117,1762017Revenue 2019: $3,035,740Expenses 2019: $2,911,104Net Income 2019: $124,6362019Revenue 2020: $1,943,107Expenses 2020: $2,134,859Net Income 2020: -$191,7522020Revenue 2021: $2,821,046Expenses 2021: $2,500,601Net Income 2021: $320,4452021Revenue 2022: $2,940,940Expenses 2022: $2,700,129Net Income 2022: $240,8112022Revenue 2024: $3,303,211Expenses 2024: $3,579,521Net Income 2024: -$276,3102024

Highlighted filing

2024

Revenue$3,303,211
Expenses$3,579,521
Net Income-$276,310

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 3, 2025
Return Version
2024v5.1
Gross Receipts
$5,454,967
Mission and Program Overview

Mission

The Conference serves as an educational and professional membership organization for actuaries located primarily in the United States and Canada.

Educational and professional membership organization for actuaries

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$10,158,122$9,942,417▼ $215,705
Cash and Non-Interest-Bearing Accounts$505,063$561,066▲ $56,003
Prepaid Expenses and Deferred Charges$106,125$190,181▲ $84,056
Land, Buildings, and Equipment, Net$50,592$22,685▼ $27,907
Accounts Receivable$1,392$10,264▲ $8,872
Savings and Temporary Cash Investments$7,327$7,710▲ $383
Total Assets$10,828,621$10,734,323▼ $94,298
Liabilities
Deferred Revenue$632,489$551,174▼ $81,315
Accounts Payable and Accrued Expenses$107,506$137,553▲ $30,047
Total Liabilities$739,995$688,727▼ $51,268
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,088,626$10,045,596▼ $43,030
Total Net Assets Fund Balance$10,088,626$10,045,596▼ $43,030
Total Liabilities and Net Assets / Fund Balance$10,828,621$10,734,323▼ $94,298

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$22,685$395,084$417,769
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kelly FanellaExecutive DirectorFT$284,733$72,439$357,172
Matthew NoncekAssoc. ED Education & TechFT$163,993$60,365$224,358
Rachael McLaughlinDirector of Marketing & CoFT$154,376$44,543$198,919
Shannon PetersonDirector Members & CommunityFT$144,260$43,169$187,429

Board Members and Trustees

NameTitle
David ScharfImmediate Past President
Derek GuytonPenultimate President
Yi-Ling LinPresident
Rob ReiskytlPresident Elect
Gail StewardVice President
James DolstadVice President
James JonesVice President
Cheryl A HamBoard Member
Douglas J CareyBoard Member
Elizabeth WileyBoard Member
Jessica KachurBoard Member
Kenny HerboldBoard Member
Mariah BeckerBoard Member
Paul AngeloBoard Member
Rob BacherBoard Member
Tayna E SunBoard Member
Thomas Edward PersichettiBoard Member
Tim StawickiBoard Member
Joshua ShapiroSecretary
Craig RosenthalTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,771,856
Investment Income
$531,355
Other Revenue
$0
Change in Net Assets
$-276,310

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,303,211
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$233,280
Total Revenue per Audited Statements
$3,536,491
Total Revenue per Form 990
$3,303,211
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,963,119
Salaries, Compensation, and Employee Benefits$1,546,402
Grants and Similar Amounts Paid$70,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$967,878
Other Salaries and Wages---$401,225
Information Technology---$248,744
Other Employee Benefits---$81,142
Payroll Taxes---$77,173
Fees for Services Other---$76,049
Other Expenses---$74,237
Grants to Domestic Orgs---$70,000
Travel---$40,621
Office Expenses---$39,840
Insurance---$35,099
Advertising---$30,258
Depreciation Depletion---$27,907
Pension Plan Contributions---$18,984
All Other Expenses---$18,819
Occupancy---$10,528
Fees for Services Legal---$4,193
Total Functional Expenses$0$0$0$3,579,521

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,579,521
Total Expenses per Audited Statements$3,579,521
Total Expenses per Form 990$3,579,521
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
International Assocation of Black ActuariesWest Hartford, CT501(c)(3)Sponsorship and general support$25,000
Organization of Latino ActuariesChicago, IL501(c)(3)Sponsorship and general support$25,000
The Actuarial FoundationSchaumburg, IL501(c)(3)General support$20,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

Members of the organizations are actuaries or retired actuaries.

Form 990, Part VI, Section A, line 7A

The nominating committee submits a list of qualified candidates to fill open Board positions to members. The members may submit additional candidates in writing, and the entire slate is voted on by the members.

Form 990, Part VI, Section A, line 7B

Members vote on amendments to the bylaws.

Form 990, Part VI, Section B, line 11B

The Compensation Committee (President, Immediate Past-President and President-Elect), the Executive Director, and the Finance and Human Resources Manager reviewed the Form 990 prior to filing.

Form 990, Part VI, Section B, line 15

The Compensation Committee, consisting of the President, Immediate Past-President, and President-Elect, determines salary increases based on performance and compensation surveys in the Association marketplace.

Form 990, Part VI, Section C, line 19

The bylaws are available on the Organization's website. Annual financial statements are available on the members only portion of the website. All other governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Conference of Consulting Actuaries
EIN
36-2476230
Phone
8477196500
Address
PMB 265 15511 W Hwy 71 110, Bee Cave, TX 78738-2925

Signing Officer

Name
Kelly Fanella
Title
Executive Director
Phone
8477196500
Signed
2025-06-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kelly Fanella
Formed
1949
Legal Domicile
Il
Voting Board Members
20
Independent Board Members
20
Employees
8
Volunteers
280

Preparer

Firm
Eifel Rambo Adviosry Group Ltd
Address
20635 Abbery Woods Ct Suite 301, Frankfort, IL 60423
Preparer
Michael J Eifel CPA
Phone
7086282365
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

The process has not changed from the prior year.

Financial Statement Notes

Part X, Line 2:

FIN 48 Note from Audited Financial Statements The Conference was granted an exemption from federal income taxes by the Internal Revenue Service pursuant to the provisions of Internal Revenue Code Section 501(c)(6). The tax exempt purpose of the Conference and the nature in which it operates is described above. Management's assertion is that there are no uncertain tax positions and the Conference continues to operate in compliance with its tax-exempt purpose. The Conference's annual information and income tax returns filed with the federal and state governments are subject to examination generally for 3 years after they are filed.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1President Elect
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt6Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt7Immediate Past President
IRS990/Form990PartVIISectionAGrp/TitleTxt8Penultimate President
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt12Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt13Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt14Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt15Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt16Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt17Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt18Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt19Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt20Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt21Assoc. ED Education & Tech
IRS990/Form990PartVIISectionAGrp/TitleTxt22Dir. Members & Community
IRS990/Form990PartVIISectionAGrp/TitleTxt23Director of Marketing & Co
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
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IRS990/GamingActivitiesInd00
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
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IRS990/GrossReceiptsAmt05454967
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0368155
IRS990/InvestmentInJointVentureInd00
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IRS990/InvestmentsPubTradedSecGrp/EOYAmt09942417
IRS990/IRPDocumentCnt09
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IRS990/LandBldgEquipCostOrOtherBssAmt0417769
IRS990/LegalDomicileStateCd0IL
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IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
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IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The Conference serves as an educational and professional membership organization for actuaries located primarily in the United States and Canada.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0163200
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0163200
IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt010088626
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IRS990/NondeductibleContributionsInd00
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IRS990/OfficeExpensesGrp/TotalAmt039840
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
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IRS990/OtherExpensesGrp/Desc2Membership dues
IRS990/OtherExpensesGrp/Desc3Bank and credit card fe
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IRS990/OtherExpensesGrp/TotalAmt1146819
IRS990/OtherExpensesGrp/TotalAmt2142081
IRS990/OtherExpensesGrp/TotalAmt374237
IRS990/OtherSalariesAndWagesGrp/TotalAmt0401225
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt077173
IRS990/PensionPlanContributionsGrp/TotalAmt018984
IRS990/PoliticalCampaignActyInd00
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0190181
IRS990/PrincipalOfficerNm0Kelly Fanella
IRS990/ProfessionalFundraisingInd00
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IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
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IRS990/ProgramServiceRevenueGrp/Desc2Seminars
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2557442
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0395084
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0417769
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03579521
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0233280
IRS990ScheduleD/RevenueNotReportedAmt0233280
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03303211
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FIN 48 Note from Audited Financial Statements The Conference was granted an exemption from federal income taxes by the Internal Revenue Service pursuant to the provisions of Internal Revenue Code Section 501(c)(6). The tax exempt purpose of the Conference and the nature in which it operates is described above. Management's assertion is that there are no uncertain tax positions and the Conference continues to operate in compliance with its tax-exempt purpose. The Conference's annual information and income tax returns filed with the federal and state governments are subject to examination generally for 3 years after they are filed.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt022685
IRS990ScheduleD/TotalExpensesPerForm990Amt03579521

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