2025-05-30T00:09:20-05:00 2024-12-31 991856619 GRANT THORNTON ADVISORS LLC 171 N CLARK ST SUITE 200 CHICAGO IL 60601 990 2024-01-01 363776789 NATIONAL INSURANCE CRIME BUREAU NATI 8475447000 1515 WEST 22ND ST STE 1300W OAK BROOK IL 60523 CAROLYN BELLISIO CFO/TREASURER 8475447000 2025-05-30 1 0 BRIDGET ROCHE P00666837 3128560200 2024 2025-03-06 01:10:19Z NICB CAROLYN BELLISIO 1515 WEST 22ND ST STE 1300W OAK BROOK IL 60523 83707638 0 X WWW.NICB.ORG X 1991 IL TO LEAD A UNITED EFFORT OF INSURERS, LAW ENFORCEMENT AND REPRESENTATIVES (CONTINUED IN SCH O) OF THE PUBLIC TO PREVENT AND COMBAT INSURANCE FRAUD AND CRIME. 15 15 447 16 0 0 0 0 68272615 66040132 1268996 2317544 70795 0 69612406 68357676 0 0 0 0 48227420 50675966 0 0 0 22025991 18530885 70253411 69206851 -641005 -849175 82072012 87135885 29388019 31873127 52683993 55262758 X TO LEAD A UNITED EFFORT OF INSURERS, LAW ENFORCEMENT, AND REPRESENTATIVES OF THE PUBLIC TO PREVENT AND COMBAT INSURANCE FRAUD AND CRIME THROUGH INTELLIGENCE AND DATA ANALYTICS, INVESTIGATIONS, LEARNING AND DEVELOPMENT, STRATEGY, POLICY & GOVERNMENT AFFAIRS AND COMMUNICATIONS. 0 0 38952410 40439676 INVESTIGATIONS - NICB'S INVESTIGATIVE EFFORTS PRODUCED 1383 PROSECUTIVE ADMINISTRATIVE ACTIONS (PAA) RELATED TO MEDICAL FRAUD, 1164 IN THE COMMERCIAL FRAUD SEGMENT, AND 2877 IN THE ORGANIZED VEHICLE CRIME SEGMENT. 938998 716743 GEOSPATIAL IMAGERY - PROVIDED INSURANCE INDUSTRY AND FIRST RESPONDERS WITH GEOSPATIAL SUPPORT AND ANALYTICS THROUGHOUT 2024 CATASTROPHIC EVENTS. IN 2024, NICB PROVIDED LOCATION INFORMATION TO ASSIST GIC'S COLLECTION OF IMAGERY FOR 4 TORNADOS CAUSING DAMAGE THROUGHOUT THE MIDWEST AND SOUTHWEST REGIONS OF THE UNITED STATES; 4 HURRICANES CAUSING DAMAGE THROUGHOUT THE SOUTHEAST, SOUTHWEST, AND MID-ATLANTIC REGINS OF THE UNITED STATES; AND 3 FIRES CAUSING DAMAGE THROUGHOUT THE SOUTHWEST AND WEST REGIONS OF THE UNITED STATES; AND 1 FLOOD CAUSING DAMAGE THROUGHOUT THE WEST. NICB ALSO PROVIDED DIRECT SUPPORT TO EMERGENCY RESPONDERS, LAW ENFORCEMENT AND THE INSURANCE INDUSTRY THROUGHOUT 12 CATASTROPHES. OVERALL, IN 2024 NICB RESPONDED TO 12 CATASTROPHES, RESULTING IN THE PUBLICATION OF 36 EVENT ALERTS AND 49 ALERTS ON POTENTIAL FRAUD. 13978975 14512715 INTELLIGENCE & ANALYTICS - PUBLISHED 582 MEDAWARE ALERTS, DISSEMINATED 368 SUSPECT VEHICLE LEADS FOR INVESTIGATION AND POTENTIAL RECOVERY (15% REPORTED AS RECOVERED). 4793104 4976112 LEARNING AND DEVELOPMENT - THE NICB LEARNING & DEVELOPMENT DEPARTMENT PROVIDED NUMEROUS TRAINING OFFERINGS TO MEMBER COMPANIES, LAW ENFORCEMENT AND KEY STAKEHOLDERS. TRAINING PROGRAMS INCLUDED VIRTUAL INSTRUCTOR-LED FRAUDSMART TRAINING TO 8,004 PARTICIPANTS, SPECIALIZED ACADEMIES AND CONFERENCES TO 196 ATTENDEES AND IN-PERSON TRAINING TO 439 PARTNERS. IN ADDITION, OVER 43,000 INDIVIDUALS ENROLLED IN 145,300 ON-DEMAND ELEARNING COURSES THROUGH THE NATIONAL INSURANCE CRIME TRAINING ACADEMY (NICTA) WHICH COVERED A WIDE ARRAY OF INSURANCE CRIME AND FRAUD TOPICS. 5196476 5394886 COMMUNICATIONS AND STRATEGY, POLICY & GOVERNMENT AFFAIRS - NICB ENGAGED IN LEGISLATIVE/REGULATORY EFFORTS IN CONJUNCTION WITH MEMBERS, TRADE GROUPS, AND ANTI-FRAUD PARTNERS IN VARIOUS STATES ON ISSUES INVOLVING AUTO THEFT, CATALYTIC CONVERTER THEFT, AUTO GLASS FRAUD, PREDATORY TOWING, COUNTERFEIT AIRBAGS, LEGAL SYSTEM ABUSE, AND DATA SHARING. NICB SUBMITTED 155 LETTERS TO LAWMAKERS AND COMMITTEES ACROSS THE COUNTRY, TESTIFIED 18 TIMES, AND ASSISTED IN DRAFTING 41 PIECES OF LEGISLATION. NICB PROVIDED POLICY RECOMMENDATIONS REGARDING NATIONAL VEHICLE CRIME TRENDS, TRACKED CONSUMER DATA PRIVACY BILLS ACROSS THE COUNTRY, AND SPEARHEADED EFFORTS TO PASS COMPREHENSIVE TOWING REFORM IN SEVERAL STATES. WORKED WITH COMMUNICATIONS TO GENERATE PROCLAMATIONS ISSUED BY GOVERNORS IN 21 STATES FORMALLY RECOGNIZING NICB'S CONTRACTOR FRAUD AWARENESS WEEK. NICB LEVERAGED DATA, INTELLIGENCE, AND PARTNERSHIPS TO CREATE 21 PUBLIC AFFAIRS CAMPAIGNS ALIGNED WITH TOPICS RELEVANT TO MEMBERS, LAW ENFORCEMENT, AND INDUSTRY PARTNERS, INCLUDING CAMPAIGNS ON VEHICLE AND CONTRACTOR FRAUD. 9989580 10370998 63859963 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 31 0 1 447 1 0 0 0 0 0 0 0 0 0 0 X 15 15 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OK X CAROLYN BELLISIO 8475447000 1515 WEST 22 ST STE 1300W OAK BROOK IL 60523 JAMES MCSHEFFREY CHAIR (THRU 4/1/24) 2.00 0.00 X 0 0 0 MATTHEW C MURPHY CHAIR/VICE CHAIR (THRU 04/1/24) 2.00 0.00 X 0 0 0 JEREMY T CONNOR VICE CHAIR (AS OF 04/1/24) 2.00 0.00 X 0 0 0 ROBERT BOWERS MEMBER 2.00 0.00 X 0 0 0 TIMOTHY CONSTIEN MEMBER 2.00 0.00 X 0 0 0 JAMES GADBERRY MEMBER 2.00 0.00 X 0 0 0 SCOTT JACKSON MEMBER 2.00 0.00 X 0 0 0 DONALD JONES MEMBER 2.00 0.00 X 0 0 0 SEJUNG KIM MEMBER 2.00 0.00 X 0 0 0 DAVID LOVELY MEMBER (AS OF 4/9/24) 2.00 0.00 X 0 0 0 DAN MOORE MEMBER 2.00 0.00 X 0 0 0 JEFF MOORE MEMBER 2.00 0.00 X 0 0 0 JARROD MURREITA MEMBER 2.00 0.00 X 0 0 0 MICHAEL T PAYNE MEMBER 2.00 0.00 X 0 0 0 NICHOLAS SEMINARA MEMBER 2.00 0.00 X 0 0 0 MICHELE WYATT MEMBER (AS OF 4/9/24) 2.00 0.00 X 0 0 0 DAVID GLAWE CHIEF EXECUTIVE OFFICER 50.00 0.00 X 859297 0 33432 TIMOTHY R SLATER CHIEF OPERATING OFFICER 50.00 1.25 X 536796 10787 29394 CAROLYN BELLISIO CHIEF FINANCIAL OFFICER/TREASURER 50.00 0.50 X 448153 4502 37370 RICHARD DIZINNO GENERAL COUNSEL/SECRETARY 50.00 0.30 X 360802 930 21524 DANIEL ABBOTT VICE PRESIDENT/PEMS 40.00 0.00 X 313286 0 52539 KAREN GRACZYK VICE PRESIDENT/ITD 40.00 0.00 X 255684 0 60570 JOHN SELLECK VICE PRESIDENT/OIA 40.00 0.00 X 291785 0 21583 JAMES BERRY VP/LEARNING & DEVELOPMENT 40.00 20.00 X 171888 122330 18897 ROBERT COOPER VP/ASSOC GEN COUNSEL 40.00 0.50 X 239149 2106 65680 BETSY BODKER VICE PRESIDENT/HR 40.00 0.00 X 233858 0 30247 EDWARD TOBIN VICE PRESIDENT/SPGA (THRU 10/01/24) 40.00 0.00 X 210314 0 38044 CHRISTOPHER STROISCH VP/COMMUNICATIONS 40.00 0.00 X 231548 0 14256 JAMES DAWSON CHIEF DATA ARCHITECT (AS OF 10/16/23) 40.00 0.00 X 211477 0 17598 GEORGE WORSHAM DIRECTOR REGIONAL OPERATIONS 40.00 0.00 X 207418 0 56115 MATTHEW HANNA CHIEF OF STAFF 40.00 0.00 X 246615 0 15655 MATTHEW BARR SENIOR DATA SCIENTIST 40.00 0.00 X 188736 0 63601 WILLIAM WOOLF DIRECTOR REGIONAL OPERATIONS 40.00 0.00 X 191309 0 43810 KEVIN GALLAGHER DIRECTOR REGIONAL OPERATIONS 40.00 0.00 X 197433 0 13209 5395548 140655 633524 18 0 1 0 ACCENTURE FEDERAL SERVICES 7921 JONES BRANK DR 500 MCLEAN VA 22102 DATA & TRAINING SVC. 1126097 GRANT THORNTON LLP 171 N CLARK ST SUITE 200 CHICAGO IL 60601 ACCOUNTING SERVICES 127631 2 NONDEDUCTIBLE MEMBERSHIP DUES 813319 62052884 62052884 USER FEES 541990 1426420 1426420 LICENSE PLATE READER PROGRAM 541990 899775 899775 GEOSPATIAL MEMBER ASSESSMENT 541990 716743 716743 STRATEGIC PARTNERSHIP 541990 434279 434279 510031 510031 66040132 1999975 1999975 15667531 15349962 317569 317569 317569 68357676 66040132 0 2317544 4805171 4584649 220522 35055985 33482985 1573000 644000 620106 23894 7305060 7038611 266449 2865750 2762785 102965 163136 89043 74093 107256 107256 1069977 1069977 120774 120774 6393862 5780738 613124 222864 216096 6768 1252327 980841 271486 2338617 2159953 178664 727591 483359 244232 913941 863829 50112 613398 549405 63993 421748 399569 22179 1198383 124614 1073769 AUTO OPERATIONS 2103805 1831557 272248 GEOSPACIAL IMAGERY 716743 716743 CASE AND SURV SUPPORT 166463 105103 61360 69206851 63859963 5346888 0 2065 2065 9374134 7504097 4986241 3969983 2151441 2154366 6702947 3266283 1717310 3436664 58067535 64394024 0 0 0 0 5773286 5674686 82072012 87135885 7442396 5995271 83796 1240708 21861827 24637148 29388019 31873127 X 52625417 55262758 58576 0 52683993 55262758 82072012 87135885 X -849175 4131940 -704000 X 0 1 X 1 0 0 0 0 0 0 1 62052884 1069977 39175 1109152 1336392 -227240 0 2593920 325224 2268696 3880172 2712204 1167968 228855 228855 0 3436664 REFUNDABLE DEPOSITS 31181 DUE FROM NICTA 291593 RIGHT OF USE ASSETS OF OPERATING LEASES 5351912 5674686 POST RET. BENEFITS NON CURRENT 14106000 DUE TO ISO 2085688 ACCRUED OTHER LIABILITIES 7582460 POST RET. BENEFITS CURRENT 863000 24637148 X 72368842 4131940 4131940 68236902 120774 120774 68357676 69086077 0 69086077 120774 120774 69206851 PART X, LINE 2: FIN 48 FOOTNOTE NICB HAS RECEIVED A FAVORABLE DETERMINATION LETTER FROM THE IRS STATING THAT IT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE OF 1986 (IRC), EXCEPT FOR INCOME TAXES PERTAINING TO UNRELATED BUSINESS INCOME. THE FINANCIAL ACCOUNTING STANDARDS BOARD ISSUED GUIDANCE THAT REQUIRE TAX EFFECTS FROM UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THE 2024 AND 2023 FINANCIAL STATEMENTS. ADDITIONALLY, THERE IS NO INTEREST OR PENALTIES RECOGNIZED IN THE STATEMENTS OF ACTIVITIES OR STATEMENTS OF FINANCIAL POSITION. X X X X X 1 0 0 0 0 0 0 1 0 DAVID GLAWE CHIEF EXECUTIVE OFFICER 531562 0 326493 0 1242 0 22425 0 11007 0 892729 0 0 0 TIMOTHY R SLATER CHIEF OPERATING OFFICER 397504 10787 136970 0 2322 0 22425 0 6969 0 566190 10787 0 0 CAROLYN BELLISIO CHIEF FINANCIAL OFFICER/TREASURER 342091 4502 103740 0 2322 0 22425 0 14945 0 485523 4502 0 0 RICHARD DIZINNO GENERAL COUNSEL/SECRETARY 299070 930 60490 0 1242 0 19500 0 2024 0 382326 930 0 0 DANIEL ABBOTT VICE PRESIDENT/PEMS 255038 0 51695 0 6553 0 17022 0 35517 0 365825 0 0 0 KAREN GRACZYK VICE PRESIDENT/ITD 207937 0 42375 0 5372 0 14095 0 46475 0 316254 0 0 0 JOHN SELLECK VICE PRESIDENT/OIA 242234 0 47302 0 2249 0 15919 0 5664 0 313368 0 0 0 JAMES BERRY VP/LEARNING & DEVELOPMENT 121812 122330 47824 0 2252 0 15903 0 2994 0 190785 122330 0 0 ROBERT COOPER VP/ASSOC GEN COUNSEL 194048 2106 41069 0 4032 0 13690 0 51990 0 304829 2106 0 0 BETSY BODKER VICE PRESIDENT/HR 193957 0 38134 0 1767 0 12838 0 17409 0 264105 0 0 0 GEORGE WORSHAM DIRECTOR REGIONAL OPERATIONS 178412 0 27347 0 1659 0 12154 0 43961 0 263533 0 0 0 MATTHEW HANNA CHIEF OF STAFF 199810 0 39330 0 7475 0 13045 0 2610 0 262270 0 0 0 MATTHEW BARR SENIOR DATA SCIENTIST 162698 0 25711 0 327 0 11541 0 52060 0 252337 0 0 0 EDWARD TOBIN VICE PRESIDENT/SPGA (THRU 10/01/24) 136831 0 0 0 73483 0 9204 0 28840 0 248358 0 0 0 CHRISTOPHER STROISCH VP/COMMUNICATIONS 193519 0 37628 0 401 0 12579 0 1677 0 245804 0 0 0 WILLIAM WOOLF DIRECTOR REGIONAL OPERATIONS 162326 0 24649 0 4334 0 10934 0 32876 0 235119 0 0 0 JAMES DAWSON CHIEF DATA ARCHITECT (AS OF 10/16/23 209568 0 0 0 1909 0 13650 0 3948 0 229075 0 0 0 KEVIN GALLAGHER DIRECTOR REGIONAL OPERATIONS 170441 0 24708 0 2284 0 11087 0 2122 0 210642 0 0 0 PART I, LINE 4A: SEVERANCE PAYMENTS ONE INDIVIDUAL REPORTED IN PART VII RECEIVED A SEVERANCE PAYMENT DURING THE YEAR. THE AMOUNT IS REPORTED AS TAXABLE WAGES ON THEIR W-2. THEIR NAME IS NOT REPORTED DUE TO NON-DISCLOSURE AGREEMENTS. PART I, LINE 7: NON-FIXED PAYMENTS EMPLOYEES ARE ELIGIBLE FOR BONUSES, BUT BONUSES ARE NOT GUARANTEED AS PART OF THEIR COMPENSATION OR SPECIFIED IN A CONTRACT. WHETHER ANY BONUS IS PAID AND THE AMOUNT PAID SOLELY DEPENDS ON WHETHER THE COMPANY MEETS THE PERFORMANCE METRICS SPECIFIED IN THE BONUS PAYMENT SCHEDULE AND INDIVDUALS ACHIEVE ANNUAL PERFORMANCE RATINGS. A BONUS IS PAID ONLY IF THE ENTERPRISE PERFORMANCE RATING IS 85% OR ABOVE. THE PERFORMANCE RATING FOR 2023 WAS 106%. THE ENTERPRISE PERFORMANCE PLAN AND PERFORMANCE TARGETS ARE SET FORTH AT THE BEGINNING OF THE YEAR AND APPROVED BY THE EXECUTIVE / NOMINATING / COMPENSATION COMMITTEE, WHICH HAS BEEN DELEGATED THIS AUTHORITY BY THE BOARD OF GOVERNORS. THE AWARD GRADIENTS FOR THE CEO IS 65%, OTHER OFFICERS AT 30% AND 35% AND THE KEY AND HIGHLY COMPENSATION EMPLOYEES AT 15%-20%, OF THEIR BASE SALARIES. THE BONUSES AWARDED TO BONUS-ELIGIBLE EXECUTIVES AND THE INDIVIDUAL BONUS AMOUNTS FOR BOARD OFFICERS IS APPROVED BY THE EXECUTIVE/COMPENSATION/NOMINATING COMMITTEE, WHICH HAS BEEN DELEGATED TO THIS AUTHORITY BY THE BOARD OF GOVERNORS. FORM 990, PART VI, SECTION A, LINE 1A EXECUTIVE COMMITTEE: AT A BI-ANNUAL MEETING OF THE BOARD OF GOVERNORS THE BOARD ELECTS FROM ITS BOARD MEMBERSHIP AN EXECUTIVE COMMITTEE. CONSISTENT WITH NICB'S BY-LAWS, THE EXECUTIVE COMMITTEE CONSISTS OF THE CHAIRPERSON AND VICE CHAIRPERSON OF THE BOARD AND TWO OTHER MEMBERS ELECTED FROM THE MEMBERSHIP OF THE BOARD, AS WELL AS THE PAST CHAIRMAN OF THE BOARD IF THEY SO CHOOSE TO SERVE. THE BY-LAWS AUTHORIZE THE EXECUTIVE COMMITTEE TO ACT FOR THE BOARD BETWEEN REGULARLY SCHEDULED MEETINGS OF THE BOARD, SUBJECT TO THE LIMITATIONS OF THE GNFPCA. THE CHAIRPERSON OF THE BOARD IS ALSO THE CHAIRPERSON OF THE EXECUTIVE COMMITTEE. OTHER COMMITTEES: THE BOARD, BY RESOLUTION ADOPTED BY A MAJORITY OF THE GOVERNORS PRESENT AT A MEETING AT WHICH A QUORUM WAS PRESENT, ESTABLISHED TWO OTHER COMMITTEES. THE AUDIT-FINANCE COMMITTEE AND THE MEMBERSHIP ASSESSMENT COMMITTEE. THE CHAIRPERSON OF EACH HAVING BEEN DESIGNATED BY THE BOARD AND ALSO SERVING AS MEMBERS ON THE EXECUTIVE COMMITTEE. EACH SUCH COMMITTEE HAS TWO (2) OR MORE OTHER MEMBERS OF THE BOARD. EACH COMMITTEE MEMBER IS A DULY AUTHORIZED REPRESENTATIVE OF A MEMBER OF THE CORPORATION. THE BOARD MAY REMOVE ANY COMMITTEE MEMBER WHENEVER, IN ITS JUDGEMENT, THE BEST INTERESTS OF THE CORPORATION ARE TO BE SERVED BY SUCH REMOVAL. FORM 990, PART VI, SECTION A, LINE 2 BUSINESS RELATIONSHIPS TIMOTHY SLATER, RICHARD DIZINNO, CAROLYN BELLISIO AND JAMES BERRY HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER AS VOTING MEMBERS AT A RELATED ORGANIZATION NATIONAL INSURANCE CRIME TRAINING ACADEMY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS A NATIONAL PUBLIC ACCOUNTING FIRM PREPARES THE FORM 990. A DRAFT OF THE RETURN IS REVIEWED BY THE NICB TREASURER AND INTERNAL ACCOUNTING NICB PERSONNEL. AN UPDATED FINAL DRAFT IS REVIEWED AND APPROVED BY THE NICB AUDIT/FINANCE COMMITTEE AND PROVIDED ELECTRONICALLY TO THE FULL NICB VOTING BOARD OF GOVERNORS FOR COMMENTS BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT NICB'S OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES MUST ANNUALLY ATTEST TO HAVING NO CONFLICT OF INTERESTS THAT COULD IMPROPERLY INFLUENCE THEIR IMPARTIAL SERVICE ON THE BOARD AND FIDUCIARY DUTY TO THE CORPORATION. IN ADDITION, NICB'S COMPLIANCE OFFICER IS IN CHARGE OF MONITORING EMPLOYEE ACTIVITIES FOR COMPLIANCE WITH NICB'S POLICIES, INCLUDING ITS CONFLICT-OF-INTEREST POLICY. CONFLICTS ARE REPORTED TO THE COMPLIANCE OFFICER AND THE GENERAL COUNSEL / BOARD SECRETARY, AND THE GENERAL COUNSEL / BOARD SECRETARY THEREAFTER REPORTS ALL POTENTIAL CONFLICTS OF INTEREST TO THE NICB AUDIT/FINANCE COMMITTEE FOR REVIEW AND CONSIDERATION. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION SALARY RATES ARE BASED ON COMPARABLE SALARY DATA COMPILED BY HUMAN RESOURCES THAT APPROXIMATES NICB'S OPERATIONS, CANDIDATE'S QUALIFICATIONS AND EXPERTISE. NICB HAS AN INTERNAL COMMITTEE OF DEPARTMENT HEADS THAT REVIEW CANDIDATES. THE NICB BOARD OF GOVERNORS OVERSEES CANDIDATES AND SALARY LEVELS FOR OFFICER POSITIONS. FOR ITS COMPENSATION STUDY PROCESS, A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY DATA, AND APPROVAL OR RATIFICATION OF COMPENSATION BY THE BOARD OF GOVERNORS IS REQUIRED. THE BOARD REVIEW IS DONE ANNUALLY, AND THE OUTSIDE CONSULTANT REVIEW IS DONE PERIODICALLY. THE REVIEW PROCESS FOR NICB IS CONTEMPORANEOUSLY DOCUMENTED IN THE ORGANIZATION'S MINUTES. A TOTAL REWARDS (COMPENSATION AND BENEFITS) STUDY WAS COMPLETED IN 2022. SALARY BANDS WERE ENHANCED AND ROLLED OUT TO THE ORGANIZATION IN 2022. SALARY BANDS ARE NOW REVIEWED ANNUALLY. THE FINAL SALARY FOR THE CEO AND OFFICERS ARE APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD ANNUALLY IN FEBRUARY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS MADE AVAILABLE NICB'S ARTICLES OF INCORPORATION, BYLAWS, CONFLICT OF INTEREST ATTESTATIONS, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC, UPON REQUEST. FORM 990, PART XI, LINE 9: POST-RETIREMENT RELATED CHANGES OTHER THAN NET PERIODIC POST-RETIREMENT COS -704,000. NATIONAL INSURANCE CRIME TRAINING ACADEMY 1515 WEST 22ND ST STE 1300W OAK BROOK IL 60523 311768814 PUBLIC SAFETY IL 501(C)(3) LINE 10 NICB 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 NATIONAL INSURANCE CRIME TRAINING ACADEMY O 417353 FMV