2020-11-16T09:26:17-06:00 2019-12-31 205520612 L M HENDERSON & COMPANY LLP 450 E 96TH ST STE 200 INDIANAPOLIS IN 46240 990 2019-01-01 350539460 NATIONAL ASSOCIATION OF MUTUAL INSURANCE COMPANIES INC NATI 3178755250 3601 VINCENNES ROAD INDIANAPOLIS IN 46268 GREGG A DYKSTRA COO/GENERAL COUNSEL 3178755250 2020-11-16 true JAMES J CLINE P00151432 3175661000 2020-11-16 96.90.24.185 2020-11-16 09:26:17 CS P BD6C9B6369B4BEC53F5EF5987F870F032A1C2D2D BD6C9B6369B4BEC53F5EF5987F870F032A1C2D2D 2019 2022-01-07 14:23:13Z CHARLES M CHAMNESS 3601 VINCENNES ROAD INDIANAPOLIS IN 46268 17856023 false X WWW.NAMIC.ORG X 1919 IN NAMIC IS A PROPERTY-CASUALTY INSURANCE TRADE ASSSOCIATION PROVIDING LEADERSHIP IN ADVOCACY, EDUCATION, AND ASSOCIATION SERVICES. 20 20 112 20 31120 0 17007798 17682875 121704 122028 55971 51120 17185473 17856023 0 0 9767531 10038142 0 0 6954257 7475026 16721788 17513168 463685 342855 15442692 16374376 5128481 5973355 10314211 10401021 X NAMIC ORGANIZES AND LEADS ASSOCIATION MEMBER EFFORTS TO IMPROVE THE HEALTH AND PERFORMANCE OF THE PROPERTY CASUALTY INSURANCE THROUGH ITS GOVERNMENT AFFAIRS (ADVOCACY, LOBBYING, ISSUE MANAGEMENT, PUBLIC AFFAIRS, AND FEDERAL AND STATE GRASSROOTS EFFORTS INCLUDING POLITICAL ACTION); EDUCATION/CERTIFICATION (BOARD, EXECUTIVE, MANAGEMENT; TECHNICAL); AND INSURANCE BUSINESS SUPPORT SERVICES (PROFESSIONAL LIABILITY INSURANCE, COMPLIANCE, MARKETING SUPPORT AND EMPLOYEE BENEFIT PROGRAMS). NAMIC'S EFFORTS ARE DIRECTED THROUGH ITS 501(C)6 PARENT ORGANIZATION AND WITHIN RELATED SUBSIDIARIES AND OTHER ENTITIES AS DESCRIBED HEREIN. false false GOVERNMENT AFFAIRS/ADVOCACY- NAMIC LEADS MEMBER EFFORTS IN THIS AREA THROUGH ITS FEDERAL, STATE, AND INTERNATIONAL GOVERNMENT AND PUBLIC POLICY ACTIVITY INCLUDING CONGRESSIONAL CONTACT AND POLITICAL ACTION PROGRAMS, JOINT INDUSTRY OR INDIVIDUAL ADVOCACY PROJECT EFFORTS, ONGOING COMMUNICATION AND EDUCATION ON RELEVANT PUBLIC POLICY ISSUES AND RELATED SUPPORT AND OVERSIGHT. EDUCATION AND CERTIFICATION- NAMIC DEVELOPS, ORGANIZES AND CONDUCTS IN- PERSON AND VIRTUAL EDUCATION AND EVENT PROGRAMS ADDRESSING INDUSTRY ENVIRONMENT AND TRENDS, INSURANCE COMPANY OPERATIONS (UNDERWRITING, CLAIMS, MARKETING), GOVERNANCE, AND GENERAL/EXECUTIVE MANAGEMENT INVOLVING MORE THAN 50,000 PARTICIPANTS ANNUALLY. NAMIC ALSO PROVIDES PROGRAMMING AND ADMINISTRATION OF TWO CERTIFICATION PROGRAMS FOR MEMBER COMPANY BOARDS OF DIRECTORS AND COMPANY MANAGERS INVOLVING MORE THAN 1,400 INDIVIDUALS SEEKING OR HOLDING CERTIFICATIONS. NAMIC PLANS AND MANAGES AN ANNUAL CONVENTION ATTENDED BY MORE THAN 1,400 BUSINESS ATTENDEES AND EXHIBITORS. BUSINESS SUPPORT AND SERVICES- NAMIC DEVELOPS AND PROVIDES HIGH VALUE PRODUCTS AND SERVICES TO ITS MEMBERS AND OTHER INSURANCE ENTITIES, INCLUDING PROFESSIONAL LIABILITY INSURANCE (D&O, ICPL, AND FIDELITY); MANAGEMENT SERVICES; LEGISLATION AND COMPLIANCE TRACKING SERVICES, BENCHMARKING, BRAND SUPPORT FOR MUTUAL INSURANCE COMPANIES; INTERNET/TECHNOLOGY SERVICES; AND BENEFIT PROGRAMS FOR MEMBER COMPANY EMPLOYEES. false false true true false false false false false false true false false true true false true false false false false false false false false false false false true false false false false false false false false false false false true false false true 89 0 0 true true false false false false false true false X 20 20 false false true false true true true true true false true true true true true true true true true true false IN X GREGG DYKSTRA 3178755250 3601 VINCENNES ROAD INDIANAPOLIS IN 46268 CHARLES M CHAMNESS PRESIDENT & 40.00 7.50 X 1061862 180000 73931 GREGG A DYKSTRA COO/GENERAL 40.00 22.50 X 272508 231308 55357 JIMI GRANDE SEN VP - GOV 40.00 X 462258 0 48038 NEIL ALLDREDGE SEN VP-CORP 40.00 X 328796 0 42911 TIMOTHY SULLIVAN PRES. & CEO 0.00 40.00 X 0 321471 49639 MICHAEL ULMER VP-OPERATION 40.00 37.50 X 0 194612 36446 THOMAS KAROL GENERAL COUN 40.00 X 211640 0 16968 DAVID MIDDLETON VP-FINANCE 40.00 24.75 X 0 184805 36863 CATHY IMUS VP- PUBLIC A 40.00 3.00 X 172374 14989 23933 AUDRA CARREL TITLE 40.00 X 177999 0 24076 ERIN COLLINS TITLE 40.00 X 166137 0 29641 KRISTEN SPRIGGS SEN VP-MEMBE 40.00 0.75 X 163483 3336 12403 RANDALL DRUVENGA CHAIRMAN 2.00 X X 0 0 0 ROBERT M ZAK CHAIRMAN-ELE 2.00 X X 0 0 0 STEVEN C SLIVER VICE CHAIRMA 2.00 X X 0 0 0 STEVEN LINKOUS SECRETARY/TR 2.00 X X 0 0 0 MARK ROBISON DIRECTOR 2.00 X 0 0 0 ERIC SCHMADER DIRECTOR 2.00 X 0 0 0 LINDA SCHMIDT DIRECTOR 2.00 X 0 0 0 LARRY SHAW DIRECTOR 2.00 X 0 0 0 AMY GOUGHNOUR DIRECTOR 2.00 X 0 0 0 ERIC NELSON DIRECTOR 2.00 X 0 0 0 KEVIN STEINER DIRECTOR 2.00 X 0 0 0 ROBERT YI DIRECTOR 2.00 X 0 0 0 ELIZABETH HECK DIRECTOR 2.00 X 0 0 0 MATT MOORE DIRECTOR 2.00 X 0 0 0 SHELLEY SUTTON DIRECTOR 2.00 X 0 0 0 BRIAN TAYLOR DIRECTOR 2.00 X 0 0 0 PHIL FRAIM DIRECTOR 2.00 X 0 0 0 MIKE PRANDI DIRECTOR 2.00 X 0 0 0 HENRY GIBBEL IMMED PAST C 2.00 X 0 0 0 PAUL EHLERT PAST CHAIRMA 2.00 X 0 0 0 3017057 1130521 450206 29 false true false EMBER LLC 59 STATE STREET NEWBURYPORT MA 01950 EVENT PLANNING 789417 SPENCER STUART INC 353 N CLARK STE 2500 CHICAGO IL 60654 EXEC SEARCH FRM 344119 FREEMAN 1600 VICEROY STE 100 DALLAS TX 75266 EXHIBIT SERVICE 156620 CROSSROADS STRATEGIES LLC 800 NORTH CAPITOL ST NW STE 800 WASHINGTON DC 20002 LEGAL SUPPORT 120000 WILLOW MARKETING MGT INC 3590 N MERIDIAN ST NW 200 INDIANAPOLIS IN 46208 ADVERTISING 117812 5 MEMBERSHIP DUES 524298 11993151 11993151 EDUCATIONAL MEETINGS/SEMINARS 524298 5490926 5490926 PUBLICATIONS 524298 198798 198798 17682875 122028 122028 ADVERTISING INCOME 541800 31120 31120 MISCELLANEOUS REVENUE 900099 20000 20000 51120 17856023 17702875 31120 122028 3127678 5319797 393857 707344 489466 11084 20444 5338 1099729 20470 173788 1039571 600976 3665917 993 58759 DUES/REGSTRNS/CONTRBTNS 358873 SOFTWARE SUBSCRIPTION 136074 BOOKS/REFERENCE MATERIALS 88183 INCOME TAX 65522 129305 17513168 0 0 0 1131 12 5215786 4465402 1346139 2436932 400091 373210 4359495 4479407 4004837 4445871 115213 173542 15442692 16374376 1254017 1615589 1538125 1713721 2336339 2644045 5128481 5973355 X 10314211 10401021 10314211 10401021 15442692 16374376 X 342855 336187 -592232 X false true X true false false NAMIC ADVOCACY FUND 3601 VINCENNES ROAD INDIANAPOLIS IN 46268 743030312 373986 false false false 11993151 2784215 2784215 2783610 605 NAMIC SERVICE CORPORATION 3047654 C NAMICO, INC. 689039 F NAMIC INSURANCE AGENCY 468998 C MARKET VALUE ADJUSTMENT 240180 F 4445871 PENSION LIABILITY 2612788 INCOME TAXES RECOVERABLE 31257 2644045 X SCHEDULE D, PAGE 3, PART X NAMIC IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. MANAGEMENT EVALUATES ALL SIGNIFICANT INCOME TAX POSITIONS THAT IT TAKES. FOR THE YEARS ENDED DECEMBER 31, 2019 AND DECEMBER 31, 2018, MANAGEMENT DOES NOT BELIEVE THAT IT HAS TAKEN ANY TAX POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT TWELVE MONTHS. THE COMPANIES RECOGNIZE INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE. NO INTEREST OR PENALTIES HAVE BEEN ACCRUED OR CHARGED TO EXPENSE AS OF DECEMBER 31, 2019 AND DECEMBER 31, 2018 OR FOR THE YEARS THEN ENDED. THE COMPANIES ARE SUBJECT TO EXAMINATION BY THE TAXING AUTHORITY, GENERALLY FOR A PERIOD OF THREE YEARS FROM THE DATE THE TAX RETURNS ARE FILED. THE COMPANIES' FEDERAL AND STATE RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE DATE THEY ARE FILED. X X X X true true X X X X X X false false false CHARLES M CHAMNESS PRESIDENT & CEO 715978 180000 298498 47386 26600 47331 1135793 180000 GREGG A DYKSTRA COO/GENERAL COUNSEL 142912 231308 66385 63211 35000 20357 327865 231308 JIMI GRANDE SEN VP - GOV AFFAIRS 348928 80612 32718 22400 25638 510296 NEIL ALLDREDGE SEN VP-CORP AFFAIRS 260114 46987 21695 22047 20864 371707 TIMOTHY SULLIVAN PRES. & CEO - NAMICO 275533 43908 2030 35000 14639 371110 MICHAEL ULMER VP-OPERATIONS 173871 20321 420 17676 18770 231058 THOMAS KAROL GENERAL COUNSEL- FED 210116 125 1399 11960 5008 228608 DAVID MIDDLETON VP-FINANCE 168381 15340 1084 23321 13542 221668 CATHY IMUS VP- PUBLIC AFFAIRS 154846 14989 16402 1126 11073 12860 196307 14989 AUDRA CARREL TITLE 164248 13650 101 5710 18366 202075 ERIN COLLINS TITLE 165499 475 163 11056 18585 195778 KRISTEN SPRIGGS SEN VP-MEMBER DVLPMT 91723 3336 71665 95 5260 7143 175886 3336 SCHEDULE J, PART III SCHEDULE J, PART I, LINE 4B: IN ORDER TO RETAIN EXECUTIVE MANAGEMENT, NAMIC CREATED NONQUALIFIED PLANS TO ADDRESS RETIREMENT PLAN LIMITATIONS FOR EXECUTIVE STAFF - A DEFINED BENEFIT "EXCESS" PLAN AND A DEFINED CONTRIBUTION "EXCESS" PLAN - SEPARATE UNFUNDED (NON-QUALIFIED) PLANS THAT PROVIDE A COMPARABLE BENEFIT FOR EXECUTIVE PAY IN EXCESS OF ANY QUALIFIED PLAN LIMIT. FORM 990 - ORGANIZATION'S MISSION NAMIC ORGANIZES AND LEADS ASSOCIATION MEMBER EFFORTS TO IMPROVE THE HEALTH AND PERFORMANCE OF THE PROPERTY CASUALTY INSURANCE THROUGH ITS GOVERNMENT AFFAIRS (ADVOCACY, LOBBYING, ISSUE MANAGEMENT, PUBLIC AFFAIRS, AND FEDERAL AND STATE GRASSROOTS EFFORTS INCLUDING POLITICAL ACTION); EDUCATION/CERTIFICATION (BOARD, EXECUTIVE, MANAGEMENT; TECHNICAL); AND INSURANCE BUSINESS SUPPORT SERVICES (PROFESSIONAL LIABILITY INSURANCE, COMPLIANCE, MARKETING SUPPORT AND EMPLOYEE BENEFIT PROGRAMS). NAMIC'S EFFORTS ARE DIRECTED THROUGH ITS 501(C)6 PARENT ORGANIZATION AND WITHIN RELATED SUBSIDIARIES AND OTHER ENTITIES AS DESCRIBED HEREIN. FORM 990, PAGE 6, PART VI, LINE 4 CHANGES TO ARTICLES - INCREASED POSSIBLE AT LARGE DIRECTORS FROM 11 TO 14 SEPARATED SECRETARY AND TREASURER POSITIONS REMOVED ONE PAST CHAIR POSITION FROM THE BOARD PROVIDED FOR DIGITAL ELECTIONS OUTSIDE THE ANNUAL MEETING OF MEMBERS CHANGES TO BYLAWS - INCREASED ACTUAL NUMBER OF BOARD POSITIONS BY 1 PROVIDED THAT ONE AT LARGE DIRECTOR BE FROM CANADIAN MEMBER REMOVED ONE PAST CHAIR POSITION FROM THE BOARD SEPARATED AND DEFINED SECRETARY AND TREASURER POSITIONS AND FUNCTIONS CLARIFIED "ACTIVE EXECUTIVE OFFICER" AS A REQUIREMENT FOR BOARD SERVICE UPDATED NAME OF AFR AND NOMINATING AND GOVERNANCE COMMITTEE PROVIDED THAT SECRETARY IS CHAIR OF NOMINATING AND GOVERNANCE COMMITTEE ADDED VICE CHAIR TO AFR COMMITTEE MEMBERSHIP INCLUDED RISK MANAGEMENT IN RESPONSIBILITIES OF AFR COMMITTEE PROVIDED FOR THE CFO/COO POSITION REVISED ADVISORY COUNCIL PROVISIONS FORM 990, PAGE 6, PART VI, LINE 6 NAMIC MEMBERS ELECT DIRECTORS AND APPROVE SIGNIFICANT TRANSACTIONS INVOLVING THE ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 7A DIRECTORS ARE ELECTED BY THE MEMBERSHIP AND MAY NOT BE REMOVED EXCEPT BY THE MEMBERS. THE OFFICER POSITIONS OF CHAIR ELECT, VICE CHAIR, AND SECRETARY/TREASURER REQUIRE THE VOTE OF THE MEMBERSHIP EACH YEAR AND MAY NOT BE REMOVED FROM OFFICE EXCEPT BY THE MEMBERSHIP. FORM 990, PAGE 6, PART VI, LINE 7B CHANGES TO THE ARTICLES OF INCORPORATION REQUIRE AFFIRMATIVE VOTE OF A MAJORITY OF THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS MADE AVAILABLE TO ALL NAMIC BOARD MEMBERS FOR REVIEW AND COMMENT. THE AUDIT/FINANCE COMMITTEE OF THE BOARD IS AUTHORIZED TO APPROVE THE REPORT BEFORE FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PAGE 6, PART VI, LINE 12C THE DIRECTORS AND OFFICERS ARE REQUIRED TO COMPLETE A DISCLOSURE EACH YEAR. IN ADDITION, DURING BOARD MEMBER ORIENTATIONS THERE IS A REVIEW OF THE CONFLICT/DISCLOSURE POLICY. THE BOARD AGENDA IS REVIEWED EACH QUARTER WITH THE EXPRESS PURPOSE OF IDENTIFYING POTENTIAL CONFLICTS INVOLVING DIRECTORS. INDIVIDUAL DIRECTORS WILL ABSTAIN FROM DISCUSSIONS AND VOTING ON ANY ITEM OR MATTER UNDER DISCUSSION WHICH PRESENTS THE APPEARANCE OF A CONFLICT. ALSO, THE CHAIRMAN OF THE BOARD IS AUTHORIZED TO IDENTIFY POTENTIAL CONFLICTS AND ADDRESS THEM ON HIS/HER OWN INITIATIVE. ANY IDENTIFIED CONFLICTS (AND RESULTING ABSTENTIONS) ARE NOTED IN THE MINUTES OF THE MEETING. FORM 990, PAGE 6, PART VI, LINE 15A RELEVANT SALARY SURVEYS ARE CONSULTED AND A MEMO IS PROVIDED TO THE COMPENSATION COMMITTEE REGARDING APPROPRIATE MARKET VALUE SALARY RANGES. THE COMMITTEE REVIEWS SALARIES ANNUALLY AND SETS THE PRESIDENT'S SALARY AND SETS UP BONUS PLANS. FORM 990, PAGE 6, PART VI, LINE 15B THE NAMIC COMPENSATION COMMITTEE REVIEWS THE ENTIRE COMPENSATION BUDGET FOR THE ASSOCIATION. INTERNALLY, HUMAN RESOURCES AND UPPER MANAGEMENT REVIEW AND ESTABLISH OFFICER AND KEY EMPLOYEE SALARIES. FORM 990, PAGE 6, PART VI, LINE 19 NAMIC MAKES ALL REQUIRED DOCUMENTS AVAILABLE TO ITS MEMBERS AND TO THE GENERAL PUBLIC. FORM 990, PART XI, LINE 9 EQUITY IN INCOME OF AFFILIATES 54,713 CURRENT YEAR INCOME FROM SUBSIDIARIES 397,741 RECOGNITION OF PERIODIC PENSION COST -1,044,686 TOTAL -592,232 NAMIC GROUP INSURANCE TRUST PO BOX 68700 INDIANAPOLIS IN 46268 351545846 BENEFITS IN 501C9 NAMIC INC false NTL ASSOC OF MUTUAL INSUR CO ADMIN FD - 3601 VINCENNES ROAD INDIANAPOLIS IN 46268 743030312 PAC SUPPOR IN 527 NAMIC INC false NTL ASSOC OF MUTUAL INSUR CO MASTER RETIREMENT TR - 3601 VINCENNES ROAD INDIANAPOLIS IN 46268 356220207 BENEFITS IN 501A NA false NTL ASSOC OF MUTUAL INSUR CO PAC 3601 VINCENNES ROAD INDIANAPOLIS IN 46268 351768626 PAC SUPPOR IN 527 NA false NAMIC SERVICE CORPORATION 3601 VINCENNES ROAD INDIANAPOLIS IN 46268 351176317 MGMNT-INS. 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