Civic Intelligence

Naifa Illinois

990 • Fiscal year 2023 • EIN 37-0345280

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 12, 2024

PO Box 13365Springfield, IL 62791

(217) 529-0126

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

67th percentile

0.05x

Higher debt load relative to assets than 67% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

76th percentile

0.11x

Higher debt load relative to revenue than 76% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Net Margin

51st percentile

2.0%

Higher net margin than 51% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Asset Growth

47th percentile

-0.6%

Faster asset growth than 47% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

27th percentile

-8.0%

Faster revenue growth than 27% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$479,983

Down $2,772 (-0.6%) from 2022

Net Assets

Up

$456,370

Up $4,542 (+1.0%) from 2022

Liabilities

Down

$23,613

Down $7,314 (-24%) from 2022

Revenue

Down

$221,825

Down $19,338 (-8.0%) from 2022

Expenses

Up

$217,283

Up $8,636 (+4.1%) from 2022

Net Income

Down

$4,542

Down $27,974 (-86%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2016: $295,950Liabilities 2016: $78,641Net Assets 2016: $217,3092016Assets 2017: $236,727Liabilities 2017: $77,006Net Assets 2017: $159,7212017Assets 2018: $261,228Liabilities 2018: $48,168Net Assets 2018: $213,0602018Assets 2019: $471,702Liabilities 2019: $40,448Net Assets 2019: $431,2542019Assets 2020: $440,501Liabilities 2020: $37,483Net Assets 2020: $403,0182020Assets 2021: $459,679Liabilities 2021: $40,367Net Assets 2021: $419,3122021Assets 2022: $482,755Liabilities 2022: $30,927Net Assets 2022: $451,8282022Assets 2023: $479,983Liabilities 2023: $23,613Net Assets 2023: $456,3702023Assets 2024: $498,584Liabilities 2024: $27,875Net Assets 2024: $470,7092024

Highlighted filing

2023

Assets$479,983
Liabilities$23,613
Net Assets$456,370

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2016: $352,287Expenses 2016: $393,460Net Income 2016: -$41,1732016Revenue 2017: $277,893Expenses 2017: $335,481Net Income 2017: -$57,5882017Revenue 2018: $282,891Expenses 2018: $229,552Net Income 2018: $53,3392018Revenue 2019: $473,596Expenses 2019: $255,402Net Income 2019: $218,1942019Revenue 2020: $240,551Expenses 2020: $231,427Net Income 2020: $9,1242020Revenue 2021: $221,487Expenses 2021: $205,193Net Income 2021: $16,2942021Revenue 2022: $241,163Expenses 2022: $208,647Net Income 2022: $32,5162022Revenue 2023: $221,825Expenses 2023: $217,283Net Income 2023: $4,5422023Revenue 2024: $236,852Expenses 2024: $222,513Net Income 2024: $14,3392024

Highlighted filing

2023

Revenue$221,825
Expenses$217,283
Net Income$4,542
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 12, 2024
Return Version
2023v5.1
Gross Receipts
$221,825
Mission and Program Overview

Mission

To advocate legislative awareness and involvement, facilitate professional growth, and provide leadership development opportunities to licensed providers of financial products and services.

To give members from insurance and financial advisory professions educational support.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$399,180$395,687▼ $3,493
Savings and Temporary Cash Investments$81,330$82,484▲ $1,154
Prepaid Expenses and Deferred Charges$1,891$1,812▼ $79
Accounts Receivable$354$0▼ $354
Total Assets$482,755$479,983▼ $2,772
Liabilities
Deferred Revenue$23,438$15,849▼ $7,589
Accounts Payable and Accrued Expenses$7,489$7,764▲ $275
Total Liabilities$30,927$23,613▼ $7,314
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$451,828$456,370▲ $4,542
Total Net Assets Fund Balance$451,828$456,370▲ $4,542
Total Liabilities and Net Assets / Fund Balance$482,755$479,983▼ $2,772
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tim FoleyImmediate Past President
Dennis DeanPresident
Eric EssexPresident Elect
Thao HuynhAPIC/GR Director/Diversity
Sara DecatoireExecutive Director
Lisa BickusIFAPAC/ GR Director
Pierre PajakLiaison to NAIFA Chicagoland
Dennis GorskiMembership/Marketing Direc
Robert BurdMembership/Marketing Direc
Kyler SpencerProfessional Dev. & Progra
Ray ShimizuProfessional Dev. & Progra
David KikoenSecretary/Treasurer
Laurie AdamsSenior Counsel

Highest Paid Contractors

ContractorServicesLocationCompensation
Pivot Management ProfessionalsManagement526 E Allen Street, Springfield, IL 62703$110,000
Revenue and Support

Revenue Composition

Contributions and Grants
$191,012
Program Service Revenue
$21,592
Investment Income
$8,521
Other Revenue
$700
Change in Net Assets
$4,542
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$217,283
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$127,400
Fees for Services Lobbying---$25,000
Fees for Services Accounting---$13,225
Conferences and Meetings---$7,443
Information Technology---$4,916
Other Expenses---$3,301
Insurance---$3,164
All Other Expenses---$1,871
Office Expenses---$688
Total Functional Expenses$0$0$0$217,283
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
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$25,000
Total Nondeductible Lobbying and Political Cost$25,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
Yes
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
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

The organization's management duties are performed primarily by the Executive Director in agreeance to the organization's service contract with the Executive Director's company, Pivot Management Professionals.

Form 990, Part VI, Section A, line 6

The members of the organization include professionals in the insurance and financial advisory industry.

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

The nominating committee, comprised of current members, presents nominated candidates to the board. The delegates council then votes on the new members.

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

The organization provides a copy of the 990 to the board of directors prior to filing.

Form 990, Part VI, Section B, line 12C

On an annual basis, each Board member and staff member are required to complete a conflict of interest statement and submit it to the Board of Directors.

Form 990, Part VI, Section B, line 15

The executive committee determines the compensation of the management company on an annual basis.

Form 990, Part VI, Section C, line 19

The association makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
NAIFA Illinois
EIN
37-0345280
Phone
2175290126
Address
PO Box 13365, Springfield, IL 62791

Signing Officer

Name
Sara Decatoire
Title
Executive Director
Phone
2175290126
Signed
2024-09-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sara Decatoire
Formed
1946
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Eck Schafer & Punke Llp
Address
227 S Seventh Street, Springfield, IL 62701
Preparer
Brent Leach
Phone
2175251111
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

No change from prior year.

Financial Statement Notes

Part X, Line 2:

The Organization follows accounting principles generally accepted in the United States of America which sets a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Tax positions for the open tax years as of December 31, 2023 were reviewed, and it was determined that no provision for uncertain tax positions is required.

Raw XML AppendixShowing 400 of 449 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt07489
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt07764
IRS990/AccountsReceivableGrp/BOYAmt0354
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/AcctCompileOrReviewBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO GIVE MEMBERS FROM INSURANCE AND FINANCIAL ADVISORY PROFESSIONS EDUCATIONAL SUPPORT.
IRS990/AllOtherExpensesGrp/TotalAmt01871
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Sara E Decatoire
IRS990/BooksInCareOfDetail/PhoneNum02175290126
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 13365
IRS990/BooksInCareOfDetail/USAddress/CityNm0Springfield
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd062791
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0399180
IRS990/CashNonInterestBearingGrp/EOYAmt0395687
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd01
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt07443
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0110000
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0526 E Allen Street
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Springfield
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd062703
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Pivot Management Professionals
IRS990/ContractorCompensationGrp/ServicesDesc0Management
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0191012
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt08521
IRS990/CYOtherExpensesAmt0217283
IRS990/CYOtherRevenueAmt0700
IRS990/CYProgramServiceRevenueAmt021592
IRS990/CYRevenuesLessExpensesAmt04542
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0217283
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0221825
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt023438
IRS990/DeferredRevenueGrp/EOYAmt015849
IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0Expenses related to the education and professional development of the Association's members.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/ExpenseAmt0176273
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt013225
IRS990/FeesForServicesLobbyingGrp/TotalAmt025000
IRS990/FeesForServicesManagementGrp/TotalAmt0127400
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0Dennis Dean
IRS990/Form990PartVIISectionAGrp/PersonNm1Eric Essex
IRS990/Form990PartVIISectionAGrp/PersonNm2David Kikoen
IRS990/Form990PartVIISectionAGrp/PersonNm3Tim Foley
IRS990/Form990PartVIISectionAGrp/PersonNm4Laurie Adams
IRS990/Form990PartVIISectionAGrp/PersonNm5Pierre Pajak
IRS990/Form990PartVIISectionAGrp/PersonNm6Lisa Bickus
IRS990/Form990PartVIISectionAGrp/PersonNm7Thao Huynh
IRS990/Form990PartVIISectionAGrp/PersonNm8Dennis Gorski
IRS990/Form990PartVIISectionAGrp/PersonNm9Robert Burd
IRS990/Form990PartVIISectionAGrp/PersonNm10Ray Shimizu
IRS990/Form990PartVIISectionAGrp/PersonNm11Kyler Spencer
IRS990/Form990PartVIISectionAGrp/PersonNm12Sara Decatoire
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1President Elect
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Immediate Past President
IRS990/Form990PartVIISectionAGrp/TitleTxt4Senior Counsel
IRS990/Form990PartVIISectionAGrp/TitleTxt5Liaison to NAIFA Chicagoland
IRS990/Form990PartVIISectionAGrp/TitleTxt6IFAPAC/ GR Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7APIC/GR Director/Diversity
IRS990/Form990PartVIISectionAGrp/TitleTxt8Membership/Marketing Direc
IRS990/Form990PartVIISectionAGrp/TitleTxt9Membership/Marketing Direc
IRS990/Form990PartVIISectionAGrp/TitleTxt10Professional Dev. & Progra
IRS990/Form990PartVIISectionAGrp/TitleTxt11Professional Dev. & Progra
IRS990/Form990PartVIISectionAGrp/TitleTxt12Executive Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01946
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0221825
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt04916
IRS990/InsuranceGrp/TotalAmt03164
IRS990/InvestmentIncomeGrp/ExclusionAmt08521
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt08521
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0191012
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To advocate legislative awareness and involvement, facilitate professional growth, and provide leadership development opportunities to licensed providers of financial products and services.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0451828
IRS990/NetAssetsOrFundBalancesEOYAmt0456370
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0451828
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0456370
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd01
IRS990/NondeductibleContriDisclInd01
IRS990/OfficeExpensesGrp/TotalAmt0688
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Regional Events
IRS990/OtherExpensesGrp/Desc1Committee
IRS990/OtherExpensesGrp/Desc2Officer & Board Expense
IRS990/OtherExpensesGrp/Desc3Membership Acquisition
IRS990/OtherExpensesGrp/TotalAmt018844
IRS990/OtherExpensesGrp/TotalAmt17306
IRS990/OtherExpensesGrp/TotalAmt24125
IRS990/OtherExpensesGrp/TotalAmt33301
IRS990/OtherRevenueMiscGrp/BusinessCd0611430
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0700
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0700
IRS990/OtherRevenueTotalAmt0700
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01891
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01812
IRS990/PrincipalOfficerNm0Sara Decatoire
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611430
IRS990/ProgramServiceRevenueGrp/Desc0Special Programs Reven
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt021592
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt021592
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0209984
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02053
IRS990/PYOtherExpensesAmt0208647
IRS990/PYOtherRevenueAmt02735
IRS990/PYProgramServiceRevenueAmt026391
IRS990/PYRevenuesLessExpensesAmt032516
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0208647
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0241163
IRS990/ReconcilationRevenueExpnssAmt04542
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt022292
IRS990/SavingsAndTempCashInvstGrp/BOYAmt081330
IRS990/SavingsAndTempCashInvstGrp/EOYAmt082484
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AggregateReportedDuesNtcAmt021450
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/CarriedOverAmt03550
IRS990ScheduleC/DuesAssessmentsAmt0191012
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt025000
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt025000
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/Section527PoliticalOrgGrp/ContributionsRcvdDlvrAmt070735
IRS990ScheduleC/Section527PoliticalOrgGrp/OrganizationBusinessName/BusinessNameLine1Txt0IFAPAC - Illinois
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/AddressLine1Txt0PO Box 13365
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/CityNm0Springfield
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/ZIPCd062791
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization follows accounting principles generally accepted in the United States of America which sets a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Tax positions for the open tax years as of December 31, 2023 were reviewed, and it was determined that no provision for uncertain tax positions is required.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Sara Decatoire
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Director
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0The executive committee determines the compensation of the Executive Director's management company on an annual basis.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1On an annual basis, the executive committee reviews and approves the service contract with the Executive Director's management company, Pivot Management Professionals. The organization paid the company $110,000 for management services for the year.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 3
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VII, Section A, Line 5
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization's management duties are performed primarily by the Executive Director in agreeance to the organization's service contract with the Executive Director's company, Pivot Management Professionals.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The members of the organization include professionals in the insurance and financial advisory industry.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The nominating committee, comprised of current members, presents nominated candidates to the board. The delegates council then votes on the new members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION PROVIDES A COPY OF THE 990 TO THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4On an annual basis, each Board member and staff member are required to complete a conflict of interest statement and submit it to the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The executive committee determines the compensation of the management company on an annual basis.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The association makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7No change from prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part XII, Line 2c:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NAIFA Illinois
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1NAIFA Illinois
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NAIFA Illinois Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1IL Assn of Insurance & Financial Advisors PAC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0371368912
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1527(f)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Provide scholarships to colleges
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1Political advocacy to benefit the Insurance & Finance Professionals industry
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO Box 13365
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1PO Box 13365
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Springfield
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1Springfield
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0627913365
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd1627913365
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0Q
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0482755
IRS990/TotalAssetsEOYAmt0479983
IRS990/TotalAssetsGrp/BOYAmt0482755
IRS990/TotalAssetsGrp/EOYAmt0479983
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0191012
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0217283
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt030927
IRS990/TotalLiabilitiesEOYAmt023613
IRS990/TotalLiabilitiesGrp/BOYAmt030927
IRS990/TotalLiabilitiesGrp/EOYAmt023613
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0451828
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0456370
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0176273
IRS990/TotalProgramServiceRevenueAmt021592

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings