2025-07-15T09:15:08-05:00 2024-08-31 333709623 COHNREZNICK ADVISORY LLC 7501 WISCONSIN AVENUE SUITE 400E BETHESDA MD 20814 990 2023-09-01 135665571 INDEPENDENT INSURANCE AGENTS AND BROKERS OF AMERICA INDE 7036834422 127 SOUTH PEYTON ST ALEXANDRIA VA 22314 EUGENE S COCKE CFO 7036834422 2025-07-14 1 1 DANIEL O'SHEA P00957510 3016529100 2025-07-14 2023 2025-03-06 01:10:19Z CHARLES SYMINGTON 127 SOUTH PEYTON ST ALEXANDRIA VA 22314 13333999 0 X WWW.INDEPENDENTAGENT.COM X 1896 NY TO PROVIDE MEMBERS WITH A SUSTAINABLE COMPETITIVE ADVANTAGE. TO PROMOTE AND REPRESENT THE COMMON BUSINESS INTERESTS OF INDEPENDENT INSURANCE AGENTS AND BROKERS WITHIN THE INDUSTRY AND BEFORE GOVERNMENT AND THE PUBLIC. 53 51 95 100 0 0 0 0 10310640 9889654 59135 603915 1538036 1876697 11907811 12370266 167750 153500 0 0 7123374 6656524 0 0 0 5697593 5005845 12988717 11815869 -1080906 554397 28779460 29254425 3462559 2620928 25316901 26633497 TO PROVIDE MEMBERS WITH A SUSTAINABLE COMPETITIVE ADVANTAGE. TO PROMOTE AND REPRESENT THE COMMON BUSINESS INTERESTS OF INDEPENDENT INSURANCE AGENTS AND BROKERS WITHIN THE INDUSTRY AND BEFORE GOVERNMENT AND THE PUBLIC. 0 0 EDUCATIONAL PROGRAMS ARE PROVIDED FOR INDUSTRY MEMBERS TO ADDRESS CURRENT BUSINESS TOPICS RELEVANT TO THE INDEPENDENT INSURANCE AGENT. THE INDEPENDENT INSURANCE AGENCY SYSTEM IS PROMOTED THROUGH ADVERTISING, WEBINARS, PUBLICATIONS AND OTHER METHODS. AGENTS COUNCIL FOR TECHNOLOGY "ACT" IS A PARTNERSHIP OF INDEPENDENT AGENTS, COMPANIES, TECHNOLOGY VENDORS, USER GROUPS, AND ASSOCIATIONS DEDICATED TO ENHANCING THE USE OF TECHNOLOGY AND IMPROVING WORK FLOWS WITHIN THE INDEPENDENT AGENCY SYSTEM. FUTURE ONE IS A PARTNERSHIP BETWEEN IIABA AND COMPANIES FOR THE DEVELOPMENT AND RESEARCH OF AGENCY COORDINATION AND PROMOTION. 0 0 0 1 0 0 0 0 0 1 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 1 52 0 1 95 1 0 0 0 0 0 0 0 0 0 0 X 53 51 1 0 0 0 1 1 0 1 1 0 1 1 0 1 1 1 1 1 1 0 0 X EUGENE S COCKE 7036834422 127 SOUTH PEYTON ST ALEXANDRIA VA 22314 MICHAEL MCBRIDE CHAIR 5.00 1.00 X X 35528 0 0 JOHN R COSTELLO FORMER CHAIR 5.00 1.00 X X 32276 0 0 ANDY SIEGEL DIRECTOR 1.00 X 0 0 0 ASHLEY BRADY DIRECTOR 1.00 X 0 0 0 BOBBY SALMON DIRECTOR 1.00 X 0 0 0 BRAD GREER DIRECTOR 1.00 1.00 X 0 0 0 BRAD JACKSON DIRECTOR 1.00 X 0 0 0 BRAD WILSON DIRECTOR 1.00 X 0 0 0 BRETT SCHULTHEIS DIRECTOR 1.00 X 0 0 0 BRYAN CLINKSCALES DIRECTOR 1.00 X 0 0 0 CHAD BJUGAN DIRECTOR 1.00 X 0 0 0 CHRIS FLOYD DIRECTOR 1.00 X 0 0 0 CINDY HOWER DIRECTOR 1.00 X 0 0 0 DAN MAGUIRE DIRECTOR 1.00 X 0 0 0 DAVID CUMMARD DIRECTOR 1.00 X 0 0 0 DEBRA SCHILZ DIRECTOR 1.00 X 0 0 0 DIANA HORNUNG HANBY DIRECTOR 1.00 X 0 0 0 DOUG MAYHEW DIRECTOR 1.00 X 0 0 0 GEORGE CHIP ATKINS III DIRECTOR 1.00 X 0 0 0 GEORGE DALY DIRECTOR 1.00 1.00 X 0 0 0 GERALD FORD III DIRECTOR 1.00 X 0 0 0 GLEN DAVIS DIRECTOR 1.00 X 0 0 0 HEATHER FORTNER DIRECTOR 1.00 X 0 0 0 JL JOHNNY BECKMAN DIRECTOR 1.00 X 0 0 0 JANA FOSTER DIRECTOR 1.00 X 0 0 0 JARED BLACKWOOD DIRECTOR 1.00 X 0 0 0 JEFF MORRIS DIRECTOR 1.00 X 0 0 0 JEFF SCHLITT DIRECTOR 1.00 1.00 X 0 0 0 JIM MURPHREE DIRECTOR 1.00 X 0 0 0 JOHN MCINTURFF III DIRECTOR 1.00 X 0 0 0 KARL STEDMAN DIRECTOR 1.00 X 0 0 0 LORI REED DIRECTOR 1.00 X 0 0 0 MARK MONROE DIRECTOR 1.00 X 0 0 0 MATT WOOD DIRECTOR 1.00 X 0 0 0 MELISSA GATTO DIRECTOR 1.00 X 0 0 0 MICHAEL BARRETT DIRECTOR 1.00 X 0 0 0 MICHAEL FUNKHOUSER DIRECTOR 1.00 X 0 0 0 MICHAEL MCCARRON DIRECTOR 1.00 X 0 0 0 NANCY NICKLOW DIRECTOR 1.00 X 0 0 0 PATRICK HOWARD DIRECTOR 1.00 X 0 0 0 REID HIGASHI DIRECTOR 1.00 X 0 0 0 ROBERT NITSCHE DIRECTOR 1.00 X 0 0 0 RON BRUNELL DIRECTOR 1.00 X 0 0 0 ROSS JOHNSON DIRECTOR 1.00 X 0 0 0 SCOTT GRAY DIRECTOR 1.00 X 0 0 0 SCOTT MCBRIDE DIRECTOR 1.00 X 0 0 0 STEPHEN SMELLEY DIRECTOR 1.00 X 0 0 0 STEVE LEITCH DIRECTOR 1.00 X 0 0 0 STEVE MADSEN DIRECTOR 1.00 X 0 0 0 TODD JACKSON CHAIR-ELECT 5.00 1.00 X X 0 0 0 TOM CHAMBERLIN DIRECTOR 1.00 X 0 0 0 WENDY TAPLEY DIRECTOR 1.00 X 0 0 0 WILL INFANTINE DIRECTOR 1.00 X 0 0 0 WILLIAM BISHOP DIRECTOR 1.00 X 0 0 0 EUGENE S COCKE CFO 22.00 28.00 X 158280 201446 50818 SCOTT D KNEELAND CHIEF COUNSEL 42.00 13.00 X 196314 60764 43339 CHARLES E SYMINGTON JR SENIOR VP, GOVT AFFAIRS 21.25 38.75 X 352179 642066 58522 MARK S WOLF PRESIDENT OF BIA 2.75 52.25 X 22828 433720 50817 AMANDA B JURATOVIC PROFESSIONAL LIABILITY VP 0.00 40.00 X 0 176491 55722 NATHAN M RIEDEL VP, POLITICAL AFFAIRS 50.00 X 285880 0 56722 KEVIN R BRANDT EXECUTIVE DIRECTOR OF TC 22.00 33.00 X 95006 142507 33940 ELIZABETH D MONTGOMERY VP, COMPANY RELATIONS 50.00 0.00 X 178761 0 27651 RAAED AWWAD HADDAD DIR. OF FEDERAL GOVT AFFAIRS 45.00 0.00 X 178588 0 15789 AIMEE R BRANHAM VICE PRESIDENT - BIG I ADVANTAGE 0.00 55.00 X 0 177577 16665 ROBERT A RUSBULDT CEO (UNTIL 08/31/2023) 25.00 45.00 X 611534 386840 45508 2147174 2221411 455493 7 1 1 0 RSM US LLP 5155 PAYSPHERE CIRCLE CHICAGO IL 60674 ACCOUNTING & NETWORK MANAGEMENT 554805 THE BELLEMORE GROUP LLC 106 BELLEMORE ROAD BALTIMORE MD 21210 STATE GOVERNMENT AFFAIRS 231000 PROVENT MANAGEMENT LLC 3850 ANNE STREET DREXEL HILL PA 19026 LABOR AND STAGE SERVICES 202900 COHNREZNICK LLP 14 SYLVAN WAY 3RD FLOOR PARSIPPANY NJ 07054 AUDIT & TAX 128024 4 MEMBER DUES 900099 5487575 5487575 MANAGEMENT FEES 900099 2763721 2763721 SPONSORSHIP REVENUE 900099 1485493 1485493 PRODUCT SALES 900099 152865 152865 9889654 528086 528086 1485759 1485759 339677 0 339677 339677 339677 1039562 589829 373904 449733 -373904 75829 75829 51261 51261 51261 12370266 9940915 0 2429351 125000 28500 1006865 4105278 329927 902913 311541 81110 54427 39562 983328 130691 1156137 538527 390394 259299 27466 231106 90316 COMMUNITY RELATIONS 52833 BOOK & SUBSCRIPTIONS 50955 PARKING EXPENSES 40704 AWARDS & PRIZES 31048 847942 11815869 947441 698994 296388 279688 265633 315708 9188332 6121153 3162006 3067179 11138189 11639646 10834643 10035065 988889 838065 1146271 2380080 28779460 29254425 1216401 895870 722123 413699 1524035 1311359 3462559 2620928 X 25316901 26633497 25316901 26633497 28779460 29254425 554397 762199 0 X 0 1 X 1 0 0 0 1 5487575 1356266 -140432 1215834 801186 414648 1627600 1627600 5918424 5508129 410295 444784 326968 117816 1197524 286056 911468 3067179 10035065 C 10035065 DUE FROM AFFILIATES 2380080 2380080 SECURITY DEPOSIT 33500 LEASE LIABILITY 1277859 1311359 X PART X, LINE 2: IIABA IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON THEIR EXEMPT PURPOSE ACTIVITIES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. IIABA INCURRED FEDERAL EXCISE TAX EXPENSE OF APPROXIMATELY $0 AND $56,000 FOR THE YEARS ENDED AUGUST 31, 2024 AND 2023, RESPECTIVELY, WHICH IS INCLUDED WITHIN TAXES AND FEES IN THE CONSOLIDATED STATEMENTS OF FUNCTIONAL EXPENSES. MANAGEMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. TAX YEARS PRIOR TO 2020 ARE NO LONGER SUBJECT TO EXAMINATION BY FEDERAL AND THE APPLICABLE TAXING AUTHORITIES. 1 TRUSTED CHOICE 127 SOUTH PEYTON STREET ALEXANDRIA VA 22314 542052195 501(C)(6) 100000 0 OPERATIONAL SUPPORT PROJECT INVEST 127 SOUTH PEYTON STREET ALEXANDRIA VA 22314 133315296 501(C)(3) 25000 0 OPERATIONAL SUPPORT 1 1 GRANTS TO INDIVIDUALS 55 28500 PART I, LINE 2: IIABA REQUIRES ALL RECIPIENTS TO SUBMIT COPIES OF EXPENSES INCURRED. ADDITIONALLY, THE ORGANIZATIONS LISTED IN PART II ARE RELATED TO IIABA, SO IIABA IS AWARE OF THE USE OF FUNDS. X X X X X 1 1 X X X 0 0 0 CHARLES E SYMINGTON JR SENIOR VP, GOVT AFFAIRS 277793 506452 74386 135614 0 0 11015 20081 9715 17711 372909 679858 0 0 ROBERT A RUSBULDT CEO (UNTIL 08/31/2023) 587033 371341 0 0 24501 15499 19047 12049 8828 5584 639409 404473 0 0 MARK S WOLF PRESIDENT OF BIA 14828 281720 8000 152000 0 0 1555 29540 986 18736 25369 481996 0 0 EUGENE S COCKE CFO 158280 201446 0 0 0 0 13682 17414 8678 11044 180640 229904 0 0 NATHAN M RIEDEL VP, POLITICAL AFFAIRS 246880 0 39000 0 0 0 29296 0 27426 0 342602 0 0 0 SCOTT D KNEELAND CHIEF COUNSEL 196314 60764 0 0 0 0 19798 6128 13297 4116 229409 71008 0 0 KEVIN R BRANDT EXECUTIVE DIRECTOR OF TC 73119 109678 21462 32192 425 637 9237 13856 4339 6508 108582 162871 0 0 AMANDA B JURATOVIC PROFESSIONAL LIABILITY VP 0 176491 0 0 0 0 0 28296 0 27426 0 232213 0 0 ELIZABETH D MONTGOMERY VP, COMPANY RELATIONS 137830 0 40931 0 0 0 16804 0 10847 0 206412 0 0 0 RAAED AWWAD HADDAD DIR. OF FEDERAL GOVT AFFAIRS 178588 0 0 0 0 0 5409 0 10380 0 194377 0 0 0 AIMEE R BRANHAM VICE PRESIDENT - BIG I ADVANTAGE 0 146697 0 29680 0 1200 0 16665 0 0 0 194242 0 0 PART I, LINE 1A PER EMPLOYMENT CONTRACT, ROBERT RUSBULDT, CEO, FLEW FIRST CLASS. PER COMPANY POLICY, THE CHAIR AND CHAIR-ELECT FLY FIRST CLASS IF THE FLIGHT TIME IS AT LEAST FOUR HOURS. TRAVEL FOR COMPANIONS BENEFIT IS RECEIVED BY ROBERT RUSBULDT, CEO AND THE IIABA EXECUTIVE COMMITTEE. GROSS-UP PAYMENTS ARE ALLOWED FOR THOSE RECEIVING TRAVEL FOR COMPANIONS BENEFITS. ROBERT RUSBULDT (CEO) RECEIVED GROSS-UP PAYMENTS ON ALL BENEFITS. PART I, LINE 1B IIABA HAS AN EXPENSE REPORT POLICY WHICH SPECIFICALLY ADDRESSES SPOUSAL TRAVEL REIMBURSEMENT AND THE GROSS UP PAYMENT. JACK ST JOHN FAMILY MEMBER OF CEO 30937 EMPLOYMENT 0 FORM 990, PART VI, SECTION A, LINE 2 MIKE MCBRIDE AND SCOTT MCBRIDE HAVE A FAMILIAL RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERSHIP CATEGORIES OF IIABA INCLUDE: 1) INSURANCE AGENCIES AND BROKERAGE FIRMS DOING BUSINESS AS INDIVIDUALS, PARTNERSHIPS, CORPORATIONS, OR OTHER FORMS OF BUSINESS ORGANIZATION ("AGENCY MEMBERS"); 2) STATE ASSOCIATIONS OF WHICH THEY ARE MEMBERS AND RECOGNIZED BY THE BOARD IN ACCORDANCE WITH BOARD RULES ("STATE ASSOCIATIONS"); 3) INSURANCE AGENCIES AND BROKERAGE FIRMS DOING BUSINESS AS INDIVIDUALS, PARTNERSHIPS, CORPORATIONS, OR OTHER FORMS OF BUSINESS ORGANIZATION NOT ELIGIBLE FOR MEMBERSHIP IN IIABA THROUGH A STATE ASSOCIATION OR THE DISTRICT OF COLUMBIA ("INTERNATIONAL MEMBERS"), WITH SUCH RIGHTS, DUTIES, AND BENEFITS AS ARE DETERMINED BY THE BOARD; AND 4) SUCH OTHER MEMBERSHIP CATEGORIES AS ARE APPROVED BY THE BOARD ("OTHER MEMBERS"), WITH SUCH RIGHTS, DUTIES AND BENEFITS AS ARE DETERMINED BY THE BOARD. AMENDMENTS OR REPEALS OF THE BYLAWS MUST BE APPROVED BY A TWO-THIRDS VOTE OF THE MEMBERS PRESENT AND VOTING AT A MEMBERSHIP MEETING OF THE ASSOCIATION, OR IN ANY OTHER MANNER APPROVED BY THE EXECUTIVE COMMITTEE. ALL MEMBERS IN GOOD STANDING MAY VOTE ON ANY MATTER SUBJECT TO A VOTE AT ALL MEMBERSHIP MEETINGS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERSHIP CATEGORIES OF IIABA INCLUDE: 1) INSURANCE AGENCIES AND BROKERAGE FIRMS DOING BUSINESS AS INDIVIDUALS, PARTNERSHIPS, CORPORATIONS, OR OTHER FORMS OF BUSINESS ORGANIZATION ("AGENCY MEMBERS"); 2) STATE ASSOCIATIONS OF WHICH THEY ARE MEMBERS AND RECOGNIZED BY THE BOARD IN ACCORDANCE WITH BOARD RULES ("STATE ASSOCIATIONS"); 3) INSURANCE AGENCIES AND BROKERAGE FIRMS DOING BUSINESS AS INDIVIDUALS, PARTNERSHIPS, CORPORATIONS, OR OTHER FORMS OF BUSINESS ORGANIZATION NOT ELIGIBLE FOR MEMBERSHIP IN IIABA THROUGH A STATE ASSOCIATION OR THE DISTRICT OF COLUMBIA ("INTERNATIONAL MEMBERS"), WITH SUCH RIGHTS, DUTIES, AND BENEFITS AS ARE DETERMINED BY THE BOARD; AND 4) SUCH OTHER MEMBERSHIP CATEGORIES AS ARE APPROVED BY THE BOARD ("OTHER MEMBERS"), WITH SUCH RIGHTS, DUTIES AND BENEFITS AS ARE DETERMINED BY THE BOARD. AMENDMENTS OR REPEALS OF THE BYLAWS MUST BE APPROVED BY A TWO-THIRDS VOTE OF THE MEMBERS PRESENT AND VOTING AT A MEMBERSHIP MEETING OF THE ASSOCIATION, OR IN ANY OTHER MANNER APPROVED BY THE EXECUTIVE COMMITTEE. ALL MEMBERS IN GOOD STANDING MAY VOTE ON ANY MATTER SUBJECT TO A VOTE AT ALL MEMBERSHIP MEETINGS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED LINE BY LINE BY THE DIRECTOR OF FINANCE AND CHIEF FINANCIAL OFFICER OF IIABA. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS COMPLETED AND SIGNED ANNUALLY BY ALL OFFICERS AND EMPLOYEES. COPIES ARE KEPT ON FILE WITH THE LEGAL DEPARTMENT. FORM 990, PART VI, SECTION B, LINE 15A AN INDEPENDENT CONSULTANT WAS HIRED TO REVIEW AND RECOMMEND APPROPRIATE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 IIABA MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE MEMBERSHIP ON THE LEADERSHIP PAGE OF ITS WEBSITE. THESE DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. TRUSTED CHOICE INC 127 SOUTH PEYTON STREET ALEXANDRIA VA 22314 542052195 BRAND DEVELOPMENT DE 501(C)(6) IIABA 1 IIAA EDUCATIONAL FOUNDATION 127 SOUTH PEYTON STREET ALEXANDRIA VA 22314 510152307 CHARITY NY 501(C)(3) LINE 12B, II IIABA 1 IIABA PAC (INSURPAC) 127 SOUTH PEYTON STREET ALEXANDRIA VA 22314 237427151 LOBBYING NY 527 IIABA 1 BIG I ADVANTAGE 127 SOUTH PEYTON STREET ALEXANDRIA VA 22314 200706318 INSURANCE AGENTS DE N/A 1.00000 1 IIAA MEMBERSHIP SERVICES INC 127 SOUTH PEYTON STREET ALEXANDRIA VA 22314 133211869 PUBLISHING VA BIG I ADVANTAGE 1 IIAA AGENCY ADMINISTRATIVE SERVICES INC 127 SOUTH PEYTON STREET ALEXANDRIA VA 22314 541719430 INSURANCE AGENTS VA BIG I ADVANTAGE 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 TRUSTED CHOICE INC B 100000 ACTUAL IIAA AGENCY ADMINISTRATIVE SERVICES INC J 206441 ACTUAL TRUSTED CHOICE INC J 41789 ACTUAL IIAA MEMBERSHIP SERVICES INC O 184803 ACTUAL IIAA AGENCY ADMINISTRATIVE SERVICES INC O 2144087 ACTUAL TRUSTED CHOICE INC O 434831 ACTUAL