2025-06-19T10:30:40-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 2021 SPRING ROAD SUITE 200 OAK BROOK IL 60523 990 2024-01-01 362138427 MILLION DOLLAR ROUND TABLE MILL 8476926378 325 WEST TOUHY AVENUE PARK RIDGE IL 60068 STEPHEN P STAHR CEO 8476926378 2025-06-17 1 0 MELISSA STRUCK P01310867 6305738600 2025-06-16 2024 2025-03-06 01:10:19Z STEPHEN P STAHR 325 WEST TOUHY AVENUE PARK RIDGE IL 60068 143612205 0 X WWW.MDRT.ORG X 1969 IL THE MISSION OF THE MILLION DOLLAR ROUND TABLE (MDRT) IS TO BE A VALUED MEMBER-DRIVEN GLOBAL NETWORK OF LEADING INSURANCE AND INVESTMENT FINANCIAL SERVICE PROFESSIONALS WHO SERVE THEIR CLIENTS BY EXEMPLARY PERFORMANCE AND THE HIGHEST STANDARD OF ETHICS, KNOWLEDGE, SERVICE, AND PRODUCTIVITY. 5 5 150 2795 0 0 0 0 67640911 74675923 1692140 9996310 637148 593042 69970199 85265275 333086 13084205 0 0 20576427 23454331 0 0 0 43554147 46179394 64463660 82717930 5506539 2547345 150827969 153169745 17376459 12961255 133451510 140208490 TO BE A VALUED MEMBER-DRIVEN GLOBAL NETWORK OF LEADING INSURANCE AND INVESTMENT FINANCIAL SERVICE PROFESSIONALS WHO SERVE THEIR CLIENTS BY EXEMPLARY PERFORMANCE AND THE HIGHEST STANDARD OF ETHICS, KNOWLEDGE, SERVICE, AND PRODUCTIVITY. 0 0 MDRT HOSTS MEETINGS PROGRAMMED WITH EDUCATIONAL AND MOTIVATIONAL CONTENT DESIGNED TO BENEFIT THE CAREERS OF INSURANCE AND FINANCIAL SERVICES PROFESSIONALS. DURING 2024, THESE MEETINGS WERE ATTENDED BY OVER 13,000 INSURANCE AND FINANCIAL SERVICES PROFESSIONALS. MDRT PUBLISHES A BI-MONTHLY PERIODICAL THAT CONCENTRATES ON TRENDS AND OPPORTUNITIES SPECIFIC TO THE FINANCIAL SERVICES PROFESSION. MDRT PROVIDES DIGITAL CONTENT THAT IS HOUSED ON ITS RESOURCE ZONE. THIS INCLUDES MDRT PODCASTS, VIDEOS, MEETING TRANSCRIPTS, AND THE MDRT BLOG. 0 0 0 1 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 76 0 150 1 0 1 CH SN 0 0 0 0 1 0 X 5 5 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X DAVID DICKHUDT SENIOR DIRECTOR FINANCE 8476926378 325 WEST TOUHY AVENUE PARK RIDGE IL 60068 PEGGY TSAI FORMER PAST PRESIDENT 5.00 X X 61041 0 0 AURORA TANCOCK SECRETARY 5.00 X X 35206 0 0 GREG GAGNE PAST PRESIDENT 10.00 X X 88788 0 0 CAROL KHENG PRESIDENT 5.00 X X 112308 0 0 JOHN NICHOLS 1ST VICE PRESIDENT 5.00 X X 48914 0 0 CLAY GILLESPIE 2ND VICE PRESIDENT 5.00 X X 58924 0 0 STEPHEN STAHR CEO 39.00 1.00 X 994021 0 150058 BARBARA O'CONNOR MANAGING DIRECTOR 39.50 0.50 X 333529 0 40084 SMRUTI RAJAGOPALAN SENIOR DIRECTOR, STRATEGY 39.50 0.50 X 286280 0 34691 PAMELA BROWN DIRECTOR OF LEADERSHIP AND 39.50 0.50 X 266080 0 32956 LAURA GOOD SENIOR DIRECTOR, HR 39.50 0.50 X 280909 0 22280 JAMES UNANDER SENIOR DIRECTOR OF IT 39.50 0.50 X 257583 0 31712 2823583 0 311781 45 0 1 0 BIGSPEAK INC 800 N MILPAS STREET SUITE B SANTA BARBARA CA 93103 CONFERENCE SPEAKERS 422460 CSC HOLDING LLC 740 CENTRE VIEW BLVD CRESTVIEW HILLS KY 41017 CONFERENCE PLATFORM, GUESTROOM, FOOD & B 394054 C2 IMAGING LLC PO BOX 854537 MINNEAPOLIS MN 554854537 SERVICES FOR MEMBERSHIP APPLICATION, RET 375734 CLIFTONLARSONALLEN LLP 220 S 6TH STREET STE 300 MINNEAPOLIS MN 55402 AUDITING SERVICES 228193 IREP NEWBURY HOTEL LLC 15 ARLINGTON STREET BOSTON MA 02116 CONFERENCE PLATFORM, GUESTROOM, FOOD & B 157454 12 MEMBERSHIP INCOME 611430 60020623 60020623 MEETINGS INCOME 611430 14655300 14655300 74675923 6712638 6712638 60820062 57536390 3283672 3283672 3283672 1286587 810540 476047 476047 MANAGEMENT FEES 561000 66667 66667 OTHER REVENUE 900099 50328 50328 116995 85265275 74675923 0 10589352 13084205 1549259 15080016 2005158 3681271 1138627 727005 207136 416733 2818541 2530991 1198465 6670479 951929 2026129 20867584 366174 CONTENT DEVELOPMENT 5239744 INTERCOMPANY EXPENSES 1353502 ACQUISITION/EVALUATION 304300 STRATEGIC PLAN 8809 491873 82717930 54696258 58236617 156782 254501 232213 255782 2377908 1835603 5099762 4834762 265000 265000 41640494 34147418 37893797 55179610 13565517 2995214 150827969 153169745 7106462 4542695 1984982 847203 8285015 7571357 17376459 12961255 X 133451510 140208490 133451510 140208490 150827969 153169745 X 2547345 1359981 2849654 X X 0 1 X 1 0 0 1 0 265000 265000 4479581 4479581 0 355181 355181 0 265000 HEDGE FUND 8763278 F GOVERNMENT AND AGENCY SECURITIES 40893157 F CORPORATE BONDS 5523175 F 55179610 PENSION LIABILITY 5423369 DEFERRED COMPENSATION 2147988 7571357 X PART X, LINE 2: MDRT FOLLOWS THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS. MDRT HAS DETERMINED THAT IT IS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2024 AND 2023. SOUTH ASIA 0 1 PROGRAM SERVICES SEMINARS, NEWSLETTERS, MEMBERSHIP SUPPORT 2282854 EAST ASIA AND THE PACIFIC 2 10 PROGRAM SERVICES SEMINARS, NEWSLETTERS, MEMBERSHIP SUPPORT 18135994 LATIN AMERICA 0 0 PROGRAM SERVICES SEMINARS, NEWSLETTERS, MEMBERSHIP SUPPORT 613336 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES SEMINARS, NEWSLETTERS, MEMBERSHIP SUPPORT 675713 NORTH AMERICA 0 0 PROGRAM SERVICES SEMINARS. NEWSLETTERS, MEMBERSHIP SUPPORT 1999678 2 11 0 0 2 11 23707575 0 23707575 0 0 1 0 0 0 PART I, LINE 3: THE ORGANIZATION USES THE ACCRUAL METHOD TO ACCOUNT FOR EXPENDITURES OUTSIDE OF THE UNITED STATES. 1 MDRT FOUNDATION 325 WEST TOUHY AVENUE PARK RIDGE IL 60068 366080766 501(C)(3) 314417 0 GRANTS TO OTHER CHARITABLE ORGANIZATIONS ASAE FOUNDATION 1575 I STREET NW WASHINGTON DC 20005 521300485 501(C)(3) 10000 0 CONTRIBUTIONS THE MDRT ACADEMY 325 WEST TOUHY AVENUE PARK RIDGE IL 60068 814966111 501(C)(6) 9556327 0 INTERCOMPANY DEBT CANCELLATION MDRT GLOBAL SERVICES 325 WEST TOUHY AVENUE PARK RIDGE IL 60068 842903878 501(C)(6) 3198678 0 INTERCOMPANY DEBT CANCELLATION 2 2 PART I, LINE 2: THE ORGANIZATION REQUIRES POTENTIAL GRANTEES TO PROVIDE FINANCIAL STATEMENTS AND BUDGETS. UPON RECEIVING A GRANT, ORGANIZATIONS ARE REQUESTED TO PROVIDE A REPORT AS TO HOW GRANT FUNDS WERE USED RELATIVE TO THE PROJECT FOR WHICH FUNDING WAS AWARDED. X X X X 1 1 X X 0 1 0 STEPHEN STAHR CEO 838455 0 155566 0 0 0 115022 0 35036 0 1144079 0 0 0 BARBARA O'CONNOR MANAGING DIRECTOR 323265 0 10264 0 0 0 11483 0 28601 0 373613 0 0 0 SMRUTI RAJAGOPALAN SENIOR DIRECTOR, STRATEGY 275726 0 10554 0 0 0 9471 0 25220 0 320971 0 0 0 LAURA GOOD SENIOR DIRECTOR, HR 270531 0 10378 0 0 0 7596 0 14684 0 303189 0 0 0 PAMELA BROWN DIRECTOR OF LEADERSHIP AND 258124 0 7956 0 0 0 19402 0 13554 0 299036 0 0 0 JAMES UNANDER SENIOR DIRECTOR OF IT 249759 0 7824 0 0 0 10267 0 21445 0 289295 0 0 0 PART I, LINE 1A EXECUTIVE MEMBERS AND THE CEO CAN CHOOSE TO TRAVEL FIRST CLASS ON FLIGHTS WITH DURATIONS OF THREE HOURS OR LONGER (NONTAXABLE BENEFIT). SPOUSES CAN ACCOMPANY THE EXECUTIVE COMMITTEE MEMBERS ON THEIR TRAVELS (TAXABLE BENEFIT). EACH EXECUTIVE COMMITTEE MEMBER RECEIVES A GROSS UP PAYMENT RELATED TO THEIR SPOUSAL TRAVEL. EXECUTIVE COMMITTEE MEMBERS RECEIVE AN ADMINISTRATIVE ALLOWANCE TAXABLE TO THE INDIVIDUAL TO DEFRAY THE COST OF STAFF SUPPORT EXPENSES THEY MAY INCUR IN THE PERFORMANCE OF THEIR EXECUTIVE COMMITTEE DUTIES AND ORGANIZATION WORK. NO MEMBER OF THE ORGANIZATION OR OF THE EXECUTIVE COMMITTEE, OR OF ANY OTHER COMMITTEE, RECEIVES COMPENSATION FOR SERVICES RENDERED. THE AMOUNTS BUDGETED FOR THE MATTERS ABOVE ARE INCLUDED IN THE ORGANIZATION'S BUDGET. THE BUDGET IS APPROVED BY THE FINANCE COMMITTEE ON AN ANNUAL BASIS. PART I, LINE 1B THE ORGANIZATION MAINTAINS AND FOLLOWS WRITTEN POLICIES REGARDING FIRST CLASS TRAVEL, SPOUSE TRAVEL, GROSS-UP PAYMENTS, AND DISCRETIONARY SPENDING ACCOUNTS. PART I, LINE 3 EXPENSE REPORTS MUST BE SUBMITTED IN ORDER TO RECEIVE REIMBURSEMENT FROM THE ORGANIZATION. RECEIPTS ARE REQUIRED FOR ITEMS $25 OR GREATER. RECEIPTS ARE REQUIRED FOR ALL PURCHASES MADE WITH THE ORGANIZATION'S CREDIT CARD. PART I, LINE 4B THE FOLLOWING PERSON RECEIVED BENEFITS FROM OR OTHERWISE PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: STEPHEN STAHR - BENEFITS DO NOT VEST UNTIL RETIREMENT DATE IS REACHED. FORM 990, PART VI, SECTION A, LINE 1A THE GOVERNING BODY IS GOVERNED AND MANAGED BY AN EXECUTIVE COMMITTEE DULY ELECTED BY THE MEMBERSHIP WHICH FUNCTIONS AS THE BOARD OF GOVERNANCE. THE COMMITTEE HAS FIVE VOTING OFFICERS AND INCLUDES THE CHIEF EXECUTIVE OFFICER AS AN EX-OFFICIO, NON-VOTING MEMBER. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS THREE CLASSES OF MEMBERSHIP: 1) QUALIFYING, 2) QUALIFYING AND LIFE, AND 3) LIFE. EACH CLASS OF MEMBERSHIP SHALL BE A PRIVILEGE WHICH MAY BE GRANTED OR WITHHELD EACH YEAR BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS A NOMINATING COMMITTEE CONSISTING OF SEVEN MEMBERS. THE PRESIDENT AND TWO AVAILABLE PAST PRESIDENTS SHALL BE MEMBERS OF THE NOMINATING COMMITTEE WITH THE OTHER FOUR MEMBERS NOT BEING MEMBERS OF GOVERNANCE OR PAST PRESIDENTS. IT IS THE NOMINATING COMMITTEE THAT IS ASSEMBLED TO ELECT NEW MEMBERS TO THE GOVERNING BODY. MEMBERS OF THE EXECUTIVE COMMITTEE MUST BE QUALIFYING AND LIFE MEMBERS, AS WELL AS FULFILLING VARIOUS OTHER REQUIREMENTS. FORM 990, PART VI, SECTION A, LINE 7B THE BY-LAWS MAY BE AMENDED BY THE MEMBERS. THE PROCESS REQUIRES NOTIFICATION OF THE MEMBERS NOT LESS THAN 30 DAYS PRIOR TO THE ANNUAL MEETING AND APPROVAL BY TWO-THIRDS OF THOSE MEMBERS PRESENT AT THE ANNUAL MEETING AND CASTING VOTES. AMENDMENTS MAY ALSO BE MADE BETWEEN ANNUAL MEETINGS BY SOLICITATION OF THE MEMBERS BY MAIL OR ELECTRONIC MEDIA. THIS METHOD ALSO REQUIRES 30 DAY NOTIFICATION IN ADVANCE OF THE BALLOT DEADLINE AND APPROVAL BY TWO-THIRDS OF MEMBERS CASTING VOTES. MEMBERS MAY PROPOSE AMENDMENTS BY WRITTEN PETITION CONTAINING SIGNATURES OF NOT LESS THAN 20% OF ALL MEMBERS. SUCH PETITION MUST BE SUBMITTED 90 DAYS PRIOR TO THE ANNUAL MEETING TO FACILITATE COMPLIANCE WITH THE 30 DAY NOTICE REQUIREMENT. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION SUPPLIED BY MANAGEMENT. A DRAFT OF THE RETURN IS REVIEWED BY MANAGEMENT WITH ANY APPROPRIATE CHANGES BEING INCORPORATED INTO THE DOCUMENT BEFORE BEING PROVIDED TO THE GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH EXECUTIVE COMMITTEE MEMBER IS REQUIRED TO AGREE TO THE CONFLICT OF INTEREST POLICY AND ACKNOWLEDGES THIS BY SIGNING THE CONFLICT OF INTEREST POLICY STATEMENT ON AN ANNUAL BASIS. COMPLIANCE IS MONITORED BY THE EXECUTIVE COMMITTEE ON AN ANNUAL BASIS. THE POLICY REQUIRES FULL AND PROMPT DISCLOSURE TO THE EXECUTIVE COMMITTEE OF ALL RELEVANT FACTS REGARDING ANY POSSIBLE CONFLICTS OF INTEREST. EACH EXECUTIVE COMMITTEE MEMBER AGREES TO INFORM IN WRITING AN OFFICER OF MDRT NOT AFFECTED BY THE CONFLICT. THEY MUST THEN REFRAIN FROM EXECUTIVE COMMITTEE DISCUSSION WITH RESPECT TO THE MATTER AND REFRAIN FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION USES OUTSIDE CONSULTANTS, ASAE'S BLUE CHIP AND LIKE ASSOCIATION SURVEYS TO EVALUATE COMPENSATION AT ALL LEVELS OF THE ORGANIZATION. THE EXECUTIVE COMMITTEE REVIEWS THIS INFORMATION IN DETERMINING THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER. OCCUPATION SPECIFIC SURVEYS AND CONSULTANTS ARE USED TO REVIEW MOST RECENT COMPENSATION DOCUMENTATION. COMPENSATION FOR ALL EXECUTIVE POSITIONS WAS REVIEWED AND DOCUMENTED FOR 2024. ALLOWANCES AND REIMBURSEMENTS TO COMMITTEE MEMBERS ARE DETERMINED BASED UPON THE GUIDELINES STIPULATED WITHIN THE ORGANIZATION'S POLICY BOOK. THE POLICIES INCLUDED WITHIN ARE ADHERED TO STRICTLY. COMPENSATION FOR ALL OTHER EMPLOYEES IS EVALUATED ON AN ANNUAL BASIS BY THE CHIEF EXECUTIVE OFFICER AND THE SENIOR DIRECTOR, HUMAN RESOURCES. THE COMPENSATION STUDIES PREVIOUSLY MENTIONED ARE USED IN THE PROCESS OF EVALUATING ALL OTHER EMPLOYEES. ADDITIONALLY, THE ORGANIZATION'S JOB DESCRIPTIONS AND SALARIES ARE REVIEWED BY AN EXTERNAL THIRD PARTY TO ASSESS WHETHER THE ORGANIZATION'S COMPENSATION IS COMPARABLE TO LIKE POSITIONS IN SIMILAR ORGANIZATIONS. THIS PROCESS IS PERFORMED AND DOCUMENTED APPROXIMATELY EVERY TWO TO THREE YEARS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN PENSION LIABILITY 2,849,654. FORM 990, PART XII, LINE 2C THE ORGANIZATION'S EXECUTIVE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS CONSOLIDATED FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE MDRT ACADEMY 325 W TOUHY AVENUE PARK RIDGE IL 60068 814966111 APPLICATION TO SUPPORT PROFESSIONAL COMMUNITY IL 501(C)(6) MILLION DOLLAR ROUND TABLE 1 MDRT GLOBAL SERVICES 325 W TOUHY AVENUE PARK RIDGE IL 60068 842903878 AN ASSOCIATION DESIGNED FOR INFLUENCERS IN THE INDUSTRY TO ENGAGE WITH MDRT. IL 501(C)(6) MILLION DOLLAR ROUND TABLE 1 MILLION DOLLAR ROUND TABLE FOUNDATION 325 W TOUHY AVENUE PARK RIDGE IL 60068 366080766 GRANT MAKING TO OTHER CHARITABLE ORGANIZATIONS IL 501(C)(3) 0 MDRT BUSINESS SERVICES INC 325 W TOUHY AVE PARK RIDGE IL 60068 842883648 CREATE AND SELL PRODUCTS AND SERVICES IL MILLION DOLLAR ROUND TABLE C 1.00000 1 MDRT ASIA PACIFIC HEADQUARTERS PTE LTD 1 MARINA BOULEVARD 28-00 SINGAPORE SN PROVIDES BENEFITS AND SERVICES TO MDRT MEMBERS IN THE APAC REGION. SN MILLION DOLLAR ROUND TABLE C 139876 857947 1.00000 1 0 1 0 1 1 0 0 0 0 0 0 1 1 1 1 0 0 0 0 MDRT GLOBAL SERVICES E 202056 BOOK VALUE THE MDRT ACADEMY E 204207 BOOK VALUE MDRT ASIA PACIFIC HEADQUARTERS PTE LTD D 77988 BOOK VALUE THE MDRT ACADEMY B 9556787 BOOK VALUE MDRT GLOBAL SERVICES B 3198678 BOOK VALUE MDRT ASIA PACIFIC HEADQUARTERS PTE LTD M 1540312 BOOK VALUE