2022-11-07T11:09:04-05:00 2021-12-31 SWITZER GROUP LLC 1114 E 52ND STREET INDIANAPOLIS IN 46205 990 2021-01-01 530232489 NAT'L ASSOC OF INS AND FIN ADV NATL 7037708100 2901 TELESTAR CT 6TH FLOOR FALLS CHURCH VA 22042 ERNI DAVIS CPA CFO VP OF FINANCE 7037708100 2022-08-22 true ERNI DAVIS XXX-XX-XXXX GAYLE SCHREIBER P02535276 3179856320 2022-11-07 2021 2022-09-23 18:48:47Z KEVIN M MAYEUX KEVIN M MAYEUX 2901 TELESTAR CT 6TH FLOOR FALLS CHURCH VA 22042 10946347 false X NAIFA.ORG X 1921 DC ADVOCATE FOR A POSITIVE LEGISLATIVE AND REGULATORY ENVIRONMENT, ENHANCE BUSINESS AND PROFESSIONAL SKILLS, AND PROMOTE THE ETHICAL CONDUCT OR OUR MEMBERS. 17 17 57 128 98643 92451 492750 1875090 8883848 8550538 68028 134659 252619 195845 9697245 10756132 12200 30508 0 5712962 5662206 0 0 3622875 4218037 9348037 9910751 349208 845381 6321509 8421667 4819404 5574228 1502105 2847439 X ADVOCATE FOR A POSITIVE LEGISLATIVE AND REGULATORY ENVIRONMENT, ENHANCE BUSINESS AND PROFESSIONAL SKILLS, AND PROMOTE THE ETHICAL CONDUCT OF OUR MEMBERS. false false LEGISLATIVE, REGULATION AND ETHICS-NATIONAL ASSOCIATION OF INSURANCE AND FINANCIAL ADVISORS (NAIFA) PROMOTES THE POSITION OF ITS MEMBERS ON ISSUES RELATING TO INSURANCE AND FINANCIAL SERVICES AT BOTH THE FEDERAL AND STATE LEVEL. NAIFA'S EFFORTS INCLUDE COORDINATION OF LOBBYING EFFORTS, GRASSROOTS PROGRAMS, PUBLIC RELATIONS AND POLITICAL EDUCATION. MEMBERSHIP BENEFITS AND PROFESSIONAL DEVELOPMENT-NAIFA OFFERS NUMEROUS PROFESSIONAL PROGRAMS AND PRODUCTS TO ENHANCE SKILLS AND PROVIDE VALUE- ADDED BUSINESS SERVICES. PUBLICATIONS AND COMMUNICATIONS-NAIFA KEEPS ITS MEMBERS UP TO DATE ON LEGISLATIVE AND REGULATORY ISSUES THAT MAY AFFECT THEIR BUSINESSES, COMMUNICATES PROGRAMS AND SERVICES PROVIDED BY THE ORGANIZATION, PRODUCES VARIOUS PUBLICATIONS REALATED TO THE INDUSTRY, AND RAISES INDUSTRY AWARENESS TO THE PUBLIC. NAIFA FOUNDATION FOR FINANCIAL SECURITY 25,000 FOUNDATION TO ERADICATE DUCHENNE 5,000 MISCELLANEOUS 508 false true true true false false false false false true true false false true true false true false false false false false false false false false false true true false false false false false false false false false false false true true true false true 32 0 true 57 true true true false false false true true false false false X 17 17 false false false false true true true true true false true true true true true true true true true true false X NAIFA 7037708100 2901 TELESTAR CT 6TH FLOOR FALLS CHURCH VA 22042 KEVIN M MAYEUX KEVIN M MAYEUX CEO 40.00 X 589514 0 25151 MICHAEL GERBER COO & GENERA 40.00 X 293673 0 21714 DIANE BOYLE SVP GOVERNME 40.00 X 275851 0 23074 JENNIFER CASSIDY VP FINANCE 40.00 X 204372 0 7621 PHU NGO VP OF TECHNO 40.00 X 180082 0 19019 SUZANNE CARAWAN VP OF MARCOM 40.00 X 176647 0 7951 JOHN BOYLE VP PROF CRED 40.00 X 154959 0 21637 ALAINA FAIELLO VP OF BUSINE 40.00 X 156321 0 18788 ERNI DAVIS CPA CFO VP OF FI 40.00 X 19890 0 0 MARC ACRE DIRECTOR 1.00 X 0 0 0 DENNIS P CUCCINELLI DIRECTOR 1.00 X 0 0 0 CHRISTOPHER L GANDY DIRECTOR 1.00 X 0 0 0 APRILYN CHAVEZ GEISSLER DIRECTOR 1.00 X 0 0 0 EVELYN GELLAR DIRECTOR 1.00 X 0 0 0 CONNIE GOLLEHER DIRECTOR 1.00 X 0 0 0 WIN HAVIR DIRECTOR 1.00 X 0 0 0 BRYON A HOLZ SECRETARY 10.00 X 0 0 0 LAWRENCE J HOLZBERG PRESIDENT EL 10.00 X 0 0 0 GEORGE BOOKER II DIRECTOR 1.00 X 0 0 0 BROCK T JOLLY TREASURER 10.00 X 0 0 0 DOUGLAS B MASSEY DIRECTOR 1.00 X 0 0 0 THOMAS O MICHEL PRESIDENT 15.00 X 0 0 0 STEPHEN P SALADINO DIRECTOR 1.00 X 0 0 0 CAMMIE K SCOTT IMMEDIATE PA 10.00 X 0 0 0 JOHN W WHEELER DIRECTOR 1.00 X 0 0 0 BRIAN L WILSON DIRECTOR 1.00 X 0 0 0 2051309 144955 8 false true false STEPTOE & JOHNSON LLP PO BOX 603212 CHARLOTTE NC 282603212 LEGAL SERVICES 300897 DANEA KEHOE 3409 STONYBRAE DRIVE FALLS CHURCH VA 22044 LEGISLATIVE CON 120000 RAFFANIELLO & ASSOCIATES LLC 8414 MARTINGDALE DRIVE MCLEAN VA 22102 LEGISLATIVE CON 110000 3 967620 907470 1875090 MEMBERSHIP DUES 541800 7210624 7210624 SERVICE FEES 541800 974196 974196 COMPANY PARTNERSHIP 541800 199215 199215 CONFERENCES/MEETINGS 541800 133598 133598 AWARDS, EDUCATION AND PROF DE 541800 32905 32905 8550538 82932 82932 43429 43429 241942 190215 51727 51727 51727 SUBLEASE INCOME 900099 188970 188970 AFFINITY PROGRAM 900099 81176 81176 SMART BRIEF 541800 17467 17467 -135197 -135197 152416 10756132 7754430 98643 1027969 30508 1161935 3649161 105720 435743 309647 4173 21216 540000 24120 747075 141467 429923 399542 792601 124755 300805 173972 73077 OTHER 260495 DUES AND SUBSCRIPTIONS 184816 9910751 0 0 0 250 250 2255169 2763919 118293 1056447 201848 126719 2538315 2306795 358348 231520 1408371 2376074 1636743 1796109 342487 70629 6321509 8421667 1973633 2742288 1826454 1772850 150000 499400 869317 559690 4819404 5574228 X 1438091 2783425 64014 64014 1502105 2847439 6321509 8421667 X 845381 178423 321530 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18353 18353 false NAIFAPAC 2901 TELESTAR CT 6TH FLOOR FALLS CHURCH VA 22042 520899774 18353 false false true 7210624 1851697 156555 2008252 1959811 48441 SCHEDULE C, PART IV NAIFA GIVES ITS EMPLOYEES THE OPTION TO MAKE CONTRIBUTIONS TO NAIFA PAC THROUGH PAYROLL DEDUCTIONS. THE CONTRIBUTIONS ARE PROMPTLY PAID TO NAIFA PAC NAIFA PAC 2901 TELESTAR CT FALLS CHURCH, VA 22042 485816 364598 121218 1583521 1487652 95869 468978 454545 14433 231520 MUTUAL FUNDS 1055882 F LARGE BLEND 774793 F INVESTMENT IN SERVICE CORPORATION -34566 F 1796109 DEFERRED GAIN ON SALE-LEASEBACK 509088 ACCRUED MEDICAL BENEFITS 50602 559690 X SCHEDULE D, PAGE 3, PART X PART X, LINE 2: FOR THE YEAR ENDED DECEMBER 31,2021, MANAGEMENT DID NOT IDENTIFY ANY UNCERTAINTY IN INCOME TAXES REQUIRING RECOGNITION ON DISCLOSURE IN THESE CONSOLIDATED FINANCIAL STATEMENTS. false THE FOUND TO ERADICA DUCH 5000 NAIFA FOUND FOR FIN SECUR 25000 MISCELLANEOUS 508 X X X false false false KEVIN M MAYEUX KEVIN M MAYEUX CEO 480764 108750 8700 16451 614665 MICHAEL GERBER COO & GENERAL COUNSE 268673 25000 5923 15791 315387 DIANE BOYLE SVP GOVERNMENT RELAT 263351 12500 4379 18695 298925 JENNIFER CASSIDY VP FINANCE 204372 4559 3062 211993 PHU NGO VP OF TECHNOLOGY 172832 7250 3972 15047 199101 SUZANNE CARAWAN VP OF MARCOMM 166647 10000 5052 2899 184598 JOHN BOYLE VP PROF CREDENTIALS 150959 4000 4689 16948 176596 ALAINA FAIELLO VP OF BUSINESS DEVEL 150821 5500 4614 14174 175109 FORM 990, PAGE 2, PART III, LINE 4D NAIFA FOUNDATION FOR FINANCIAL SECURITY 25,000 FOUNDATION TO ERADICATE DUCHENNE 5,000 MISCELLANEOUS 508 FORM 990, PAGE 6, PART VI THE NAIFA BYLAWS AUTHORIZE AN EXECUTIVE COMMITTEE TO EXCERCISE ALL OF THE BOARD'S POWERS WHEN THE BOARD IS NOT IN SESSION. THE EXECUTIVE COMMITTEE IS COMPRISED OF THE NAIFA PRESIDENT, PRESIDENT ELECT, IMMEDIATE PAST PRESIDENT, SECRETARY, AND TREASURER. THE EXECUTIVE COMMITTEE IS REQUIRED TO REPORT ITS ACTIONS TO THE BOARD AT THE NEXT BOARD MEETING FOLLOWING SUCH ACTION, AND UNLESS DISAPPROVED BY THE BOARD AT SUCH NEXT MEETING THE EXECUTIVE COMMITTEE'S ACTIONS ARE FINAL AS THOUGH TAKEN BY THE BOARD. FORM 990, PAGE 6, PART VI, LINE 6 NAIFA MEMBERS IN THE ACTIVE AND ASSOCIATE CLASSES HAVE THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE. ACTIVE MEMBERS ARE INSURANCE AND FINANCIAL ADVISORS LICENSED TO SELL LIFE, HEALTH, PROPERTY-CASUALTY INSURANCE, AND SECURITIES. ACTIVE MEMBERS MAY BE ELECTED TO THE NAIFA BOARD OF TRUSTEES AND ARE ENTITLED TO PARTICIPATE IN THE NATIONAL COUNCIL TO ELECT THE BOARD, AMEND THE BYLAWS, AND VOTE ON RESOLUTIONS. ASSOCIATE MEMBERS ARE INDIVIDUALS AFFILIATED WITH THE HOME OR AGENCY OFFICE OF AN INSURANCE COMPANY OR WITH A PROFESSION RELATED TO INSURANCE OR FINANCIAL SERVICES. ASSOCIATE MEMBERS MAY BE APPOINTED TO THE NAIFA BOARD OF TRUSTEES, ARE ENTITLED TO VOTE FOR NAIFA STATE AND LOCAL CHAPTER OFFICERS AND MAY SERVE AS CHAPTER DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7A THE NAIFA NATIONAL COUNCIL ANNUALLY ELECTS THE OFFICERS AND TRUSTEES ON THE NAIFA BOARD OF TRUSTEES (TRUSTEES ARE ELECTED TO TWO-YEAR TERMS). THE MEMBERS ON THE NAIFA NATIONAL COUNCIL, EACH OF WHOM HAS ONE VOTE, ARE COMPRISED OF PARTICIPATING ACTIVE MEMBERS OF NAIFA. FORM 990, PAGE 6, PART VI, LINE 7B DECISIONS OF THE NAIFA BOARD OF TRUSTEES (OTHER THAN ADMINISTRATIVE DECISIONS) ARE SUBJECT TO REVIEW BY THE NATIONAL COUNCIL UPON TIMELY PETITION BY A MAJORITY OF NAIFA STATE CHAPTER PRESIDENTS. THE NATIONAL COUNCIL IS COMPRISED OF PARTICIPATING ACTIVE MEMBERS OF NAIFA. FORM 990, PAGE 6, PART VI, LINE 11B NAIFA'S FEDERAL FORM 990 IS PREPARED BY ITS DIRECTOR OF FINANCE, REVIEWED BY THE VP OF FINANCE, COO, CEO, AS WELL AS INDEPENDENT AUDITORS. PRIOR TO THE FILING DATE, THE MEMBERS OF THE FINANCE COMMITTE ARE SENT AN ELECTRONIC COPY OF THE DRAFT FORM 990 FOR INDIVIDUAL REVIEW. IF DISCUSSIONS BETWEEN THE FINANCE COMMITTEE MEMBERS ARE NEEDED THEY PARTICIAPTE IN A CONFERENCE CALL. BEFORE FILING WITH THE INTERNAL REVENUE SERVICE, A FINAL VERSION OF THE RETURN IS DISTRIBUTED TO THE MEMBERS OF THE NAIFA BOARD FORM 990, PAGE 6, PART VI, LINE 12C THE NAIFA CONFLICT ON INTEREST POLICY AND DISCLOSURE FORM, WHICH COVERS THE NAIFA BOARD OF TRUSTEES, IS EXPLAINED AND DISTRIBUTED TO THE NAIFA BOARD ANNUALLY AT ITS FIRST MEETING AND THE DISCLOSURE FORM IS COMPLETED BY THE BOARD MEMBERS AT THAT TIME. BOARD MEMBERS ARE REMINDED OF THE POLICY AT THE BEGINNING OF EACH BOARD MEETING. NAIFA BOARD MEMBERS HAVE A CONTINUING OBLIGATION TO PROMPTLY DISCLOSE TO THE BOARD IF A POTENTIAL, APPARENT, OR ACTUAL CONFLICT OF INTEREST ARISES AND, IF REQUIRED, TO REMOVE HIMSELF/HERSELF FROM NAIFA BOARD'S DISCUSSIONS AND DECISIONS CONCERNING THE MATTER AND TO TAKE SUCH OTHER ACTIONS AS MAY BE CALLED FOR BY THE BOARD. IT IS THE NAIFA BOARD'S OBLIGATION TO CONSIDER EACH MATTER BROUGHT TO ITS ATTENTION UNDER THE CONFLICT OF INTEREST POLICY AND TO ADVISE THE BOARD MEMBERS INVOLVED AS TO THE APPROPIATE ACTION. NAIFA BOARD MEMBERS MAY SUBMIT QUESTIONS REGARDING THE CONFLICT OF INTEREST POLICY TO NAIFA'S GENERAL COUNSEL. THE CONFLICT OF INTEREST POLICY CONTAINED IN THE NAIFA EMPLOYEE HANDBOOK COVERS ALL NAIFA EMPLOYEES AND REQUIRES EMPLOYEES TO IMMEDIATELY NOTIFY THEIR SUPERVISORS OF A POTENIAL CONFLICT OF INTEREST. NAIFA MANAGEMENT RESERVES THE RIGHT TO PROHIBIT ANY ACTIVITY THAT MAY CONSTITUTE A CONFLICT OF INTEREST AND EMPLOYERS WHO PARTICIPATE IN PRACTICES THAT CONSTITUTE A PROHIBITED CONFLICT OF INTEREST ARE SUBJECT TO DISCIPLINARY ACTION. FORM 990, PAGE 6, PART VI, LINE 15A THE COMPENSATION OF THE NAIFA CEO WAS DETERMINED AND APPROVED BY THE NAIFA EXECUTIVE COMMITTEE, WHICH WAS AUTHORIZED TO EXCERCISE THE POWERS OF THE NAIFA BOARD OF TRUSTEES, IN CONSULTAION WITH NAIFA'S COO AND NAIFA'S VP OF FINANCE. THE NAIFA EXECUTIVE COMMITTEE WAS PROVIDED WITH DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS AND DETERMINED THE CEO'S COMPENSATION THROUGH NEGOTIATIONS WITH THE CEO AND THROUGH ANNUAL ADJUSTMENTS TIED TO PERFORMANCE EVALUATIONS. NAIFA MAINTAINS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. FORM 990, PAGE 6, PART VI, LINE 15B THE PROCESS FOR DETERMINING THE COMPENSATION OF NAIFA STAFF AND OFFICERS AND KEY EMPLOYEES VARIES AND HAS INCLUDED THE USE OF COMPARABILITY DATA, NEGOTIATIONS WITH PROSPECTIVE EMPLOYEES, AND ANNUAL ADJUSTMENTS TIED TO PERFORMANCE EVALUATIONS. THE NAIFA BOARD OF TRUSTEES APPROVES SUCH COMPENSATION AS PART OF ITS APPROVAL OF THE NAIFA ANNUAL BUDGET, UPON A RECOMMENDATION FROM THE NAIFA FINANCE COMMITTEE, AND MINUTES ARE TAKEN OF THOSE DECISIONS. FORM 990, PAGE 6, PART VI, LINE 19 REQUESTS FOR FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY WILL BE CONSIDERED AND MAY BE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 AMORTIZATION OF DEFERRED GAIN ON SALE-LEASEBACK 321,530 NAIFAPAC NAIFAPAC 2901 TELESTAR CT FALLS CHURCH VA 22042 520899774 POL FUND DC 527 NAIFA true NAIFA FOUNDATION FOR FINANCIAL SECU NAIFA FOUNDATION FOR FINANCIAL SECU 2901 TELESTAR CT FALLS CHURCH VA 22042 851912913 FUNDRAISIN DC 501C3 NAIFA true NAIFA SERVICE CORPORATION NAIFA SERVICE CORPORATION 2901 TELESTAR CT FALLS CHURCH VA 22042 521985466 PUBLISHING DC NAIFA C CORP -169680 1.00000 true true true false false false false false false false true false false false true true true false false false NAIFA SERVICE CORPORATION NAIFA SERVICE CORPORATION A 14941 FMV NAIFA SERVICE CORPORATION NAIFA SERVICE CORPORATION L 128573 FMV NAIFA SERVICE CORPORATION NAIFA SERVICE CORPORATION O 101972 FMV NAIFA SERVICE CORPORATION NAIFA SERVICE CORPORATION Q 50336 FMV NAIFA SERVICE CORPORATION NAIFA SERVICE CORPORATION J 11515 FMV SCHEDULE R PART II IDENTIFICATION OF RELATED TAX-EXEMPT ORGANIZATIONS: NAME OF RELATED ORGANIZATION: NAIFAPAC NAIFA FOUNDATION FOR FINANCIAL SECURITY DIRECT CONTROLLING ENTITY: NATIONAL ASSOCIATION OF INSURANCE AND FINANCIAL ADVISORS NAME OF RELATED ORGANIZATION: NAIFA SERVICE CORORATION DIRECT CONTROLLING ENTITY: NATIONAL ASSOCIATION OF INSURANCE AND FINANCIAL ADVISORS