LL GLOBAL INC: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- LL GLOBAL INC (EIN 26-1339203)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-10-10
- IRS object ID
- 201402839349300715
- Schema version
- 2013v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-10-10T10:14:04-05:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 221478099 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COHNREZNICK LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 180 GLASTONBURY BOULEVARD | AddressLine1 |
| City | GLASTONBURY | City |
| State | CT | State |
| ZIP Code | 06033 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 261339203 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LL GLOBAL INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LLGL | BusinessNameControlTxt |
| Phone | 8606883358 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 DAY HILL ROAD | AddressLine1 |
| City | WINDSOR | City |
| State | CT | State |
| ZIP Code | 06095 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID A MARCONE | PersonNm |
| Person Title | ASSISTANT TREASURER | PersonTitleTxt |
| Phone | 8602857710 | PhoneNum |
| Signature | 2014-10-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | FRANK SAMBOR | PreparerPersonNm |
| PTIN | P00073659 | PTIN |
| Phone | 8606333000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ROBERT A KERZNER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 DAY HILL ROAD | AddressLine1 |
| City | WINDSOR | City |
| State | CT | State |
| ZIP Code | 06095 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $64,483,632 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.LIMRA.COM OR WWW.LOMA.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2007 | FormationYr |
| Legal Domicile State | CT | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE BENEFITS TO THE INSURANCE INDUSTRY AS A WHOLE THROUGH RESEARCH AND EDUCATION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 23 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 22 | VotingMembersIndependentCnt |
| Total Employee | 404 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $40,413,187 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $41,468,737 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,530,684 | PYInvestmentIncomeAmt |
| CY Investment Income | $669,966 | CYInvestmentIncomeAmt |
| PY Other Revenue | $987,872 | PYOtherRevenueAmt |
| CY Other Revenue | $25,900 | CYOtherRevenueAmt |
| PY Total Revenue | $42,931,743 | PYTotalRevenueAmt |
| CY Total Revenue | $42,164,603 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $27,691,488 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $28,006,399 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $10,492,959 | PYOtherExpensesAmt |
| CY Other Expenses | $10,400,964 | CYOtherExpensesAmt |
| PY Total Expenses | $38,184,447 | PYTotalExpensesAmt |
| CY Total Expenses | $38,407,363 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $4,747,296 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,757,240 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $56,847,434 | TotalAssetsBOYAmt |
| Total Assets EOY | $51,411,946 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $48,900,953 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $35,310,322 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $7,946,481 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $16,101,624 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO PROVIDE BENEFITS TO THE INSURANCE INDUSTRY AS A WHOLE THROUGH RESEARCH AND EDUCATION. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | LL GLOBAL, INC. IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY AS A PROFESSIONAL AND TRADE ASSOCIATION THROUGH WHICH LIFE INSURANCE, HEALTH INSURANCE, AND OTHER INSURANCE COMPANIES, AND OTHER COMPANIES AND PERSONS INVOLVED IN THE FINANCIAL SERVICES OR RETIREMENT SERVICES INDUSTRIES, MAY ENGAGE IN COOPERATIVE ACTIVITIES, HAVING AS THEIR AIM THE IMPROVEMENT OF SUCH COMPANIES AND THEIR OPERATION. THE PURPOSE OF THE CORPORATION SHALL INCLUDE, BUT NOT BE LIMITED TO, THE EXCHANGE OF IDEAS PERTAINING TO COMPANY OPERATIONS, MARKETING, DISTRIBUTION, COOPERATIVE RESEARCH PROJECTS AND EDUCATIONAL PROGRAMS RELATED TO SUCH COMPANIES AND THEIR OPERATIONS. IN FURTHERANCE OF ANY OR ALL THE FOREGOING ACTIVITIES AND PURPOSE, BUT SUBJECT TO THE RESTRICTIONS OF THE CERTIFICATE OF INCORPORATION, THE CORPORATION MAY ENGAGE IN ANY LAWFUL ACT OR ACTIVITY FOR WHICH CORPORATIONS MAY BE INFORMED UNDER THE NONSTOCK ACT. | Desc |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | Yes (1) | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 109 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 404 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | CH | ForeignCountryCd |
| Foreign Country | CA | ForeignCountryCd |
| Foreign Country | UK | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 23 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 22 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DAVID A MARCONE ASSISTANT TREASURER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8606883358 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 DAY HILL ROAD | AddressLine1 |
| City | WINDSOR | City |
| State | CT | State |
| ZIP Code | 06095 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (37 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| ROBERT A KERZNER | ||||||||
| CEO, PRESIDENT | 50.00 | Yes (X) | Yes (X) | $769,196 | $345,559 | $12,750 | ||
| WILL FULLER | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| CAROL M JOHNSON | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| DANIEL P MULHERAN | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| SCOTT HAM | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| DOUGLAS CAMACHO | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| DONNA KINNAIRD | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| ESFAND DINSHAW | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES A THOMSEN | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| JOSEPH R MONK | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| LES C HERR | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| MARY JANE FORTIN | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL R FANNING | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT O'DONNELL | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| PETER TEDONE | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| SALOON THAM | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| SCOTT PERRY | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| STEVEN FINCH | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS P BURNS | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| TIM STONEHOCKER | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID SIMBRO | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| FERNANDO SINA | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| DEANNA STRABLE | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| CURTIS H CONNER | ||||||||
| SR. VICE PRESIDENT, TREASU | 50.00 | Yes (X) | $189,613 | $85,189 | $25,259 | |||
| DAVID MARCONE | ||||||||
| ASST. TREASURER & CORPORAT | 50.00 | Yes (X) | $89,974 | $40,424 | $24,393 | |||
| DAVID VUJS | ||||||||
| ASST. SECRETARY & AVP | 50.00 | Yes (X) | $76,071 | $34,177 | $12,531 | |||
| ROBERT M BARANOFF | ||||||||
| SECRETARY | 50.00 | Yes (X) | $291,985 | $0 | $25,258 | |||
| CAROL LARCO-MURZYN | ||||||||
| VICE PRESIDENT MARKETING | 50.00 | $205,971 | $0 | $25,360 | Yes (X) | |||
| GARY R ALUISE | ||||||||
| SR. VICE PRESIDENT, MANAGI | 50.00 | $212,595 | $0 | $25,204 | Yes (X) | |||
| JEFFREY HASTY | ||||||||
| SR. VICE PRESIDENT | 50.00 | $264,848 | $0 | $28,498 | Yes (X) | |||
| KATHERINE MILLIGAN | ||||||||
| SENIOR VICE PRESIDENT | 50.00 | $253,073 | $0 | $31,722 | Yes (X) | |||
| JONATHAN STAR | ||||||||
| CHIEF INFORMATION OFFICER | 50.00 | $166,172 | $0 | $16,185 | Yes (X) | |||
| LUCIAN J LOMBARDI | ||||||||
| VICE PRESIDENT | 50.00 | $198,526 | $0 | $23,323 | Yes (X) | |||
| MICHELE LABOUFF | ||||||||
| SENIOR VICE PRESIDENT | 50.00 | $209,349 | $0 | $23,076 | Yes (X) | |||
| PAUL DESIMONE | ||||||||
| VICE PRESIDENT | 50.00 | $221,750 | $0 | $10,000 | Yes (X) | |||
| JUDITH A SCHOTT | ||||||||
| VICE PRESIDENT | 50.00 | $197,601 | $0 | $23,481 | Yes (X) | |||
| SCOTT STATHIS | ||||||||
| CORP VICE PRESIDENT | 50.00 | $180,503 | $0 | $19,414 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,527,227 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $505,349 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $326,454 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 80 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| TROUTMAN SANDERS LLP | |||||
| PO BOX 933652 | ATLANTA | GA | 311933652 | LEGAL | $244,619 |
| CHAPMAN ALLIANCE LLC | |||||
| 8914 RED WILLOW CIRCLE | SANDY | UT | 84093 | CONSULTING | $209,565 |
| PROJECT SOLUTIONS | |||||
| 6065 ROSWELL RD SUITE 536 | ATLANTA | GA | 30328 | CONSULTING | $143,410 |
| COHNREZNICK LLP | |||||
| 180 GLASTONBURY BOULEVARD | GLASTONBURY | CT | 06033 | AUDIT AND TAX SERVICES | $137,194 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| MEMBERSHIP DUES | 611430 | $22,773,690 | $22,773,690 |
| ENROLLMENT FEES | 611430 | $15,405,042 | $15,405,042 |
| MEMBERSHIP PRODUCT SALES | 611600 | $1,432,247 | $1,432,247 |
| OTHER INCOME AND SERVICES | 611430 | $1,394,427 | $1,394,427 |
| MEMBER SERVICE FEES | 611430 | $463,331 | $463,331 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $41,468,737 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,049,361 | TotalRevenueColumnAmt |
| Exclusion | $1,049,361 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $25,900 | TotalRevenueColumnAmt |
| Exclusion | $25,900 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $21,939,634 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $22,319,029 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$379,395 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$379,395 | TotalRevenueColumnAmt |
| Exclusion | -$379,395 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $42,164,603 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $41,468,737 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $695,866 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,746,658 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,928,095 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,705,721 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,083,801 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $542,124 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $195,393 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,881 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $735,824 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,711 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $484,209 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $444,236 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,373,535 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,230,766 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,334,028 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $166,085 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $900,393 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $227,217 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| COMMISSIONS | $364,020 |
| TECHNICAL MATERIALS | $339,762 |
| POSTAGE AND FREIGHT | $278,817 |
| PRINTING | $242,053 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,034 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,407,363 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,569,380 | BOYAmt |
| EOY | $8,941,937 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,335,937 | BOYAmt |
| EOY | $1,418,108 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,802,706 | BOYAmt |
| EOY | $1,824,943 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,586 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $659,604 | BOYAmt |
| EOY | $837,471 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $15,193,602 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $6,198,317 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,884,083 | BOYAmt |
| EOY | $8,995,285 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,918,506 | BOYAmt |
| EOY | $27,379,902 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,666,632 | BOYAmt |
| EOY | $2,014,300 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,847,434 | BOYAmt |
| EOY | $51,411,946 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,438,842 | BOYAmt |
| EOY | $5,743,733 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,431,630 | BOYAmt |
| EOY | $4,858,853 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,390,676 | BOYAmt |
| EOY | $2,248,034 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,639,805 | BOYAmt |
| EOY | $22,459,702 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,900,953 | BOYAmt |
| EOY | $35,310,322 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,946,481 | BOYAmt |
| EOY | $16,101,624 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,946,481 | BOYAmt |
| EOY | $16,101,624 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,847,434 | BOYAmt |
| EOY | $51,411,946 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,757,240 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $288,626 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $4,109,277 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | 0 | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | Yes (1) | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | 0 | AgreeCarryoverPriorYearInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $670,000 | OtherCostOrOtherBasisAmt |
| Book Value | $670,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,676,270 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,547,069 | DepreciationAmt |
| Book Value | $5,129,201 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $98,715 | OtherCostOrOtherBasisAmt |
| Depreciation | $98,715 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,748,617 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,552,533 | DepreciationAmt |
| Book Value | $3,196,084 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $8,995,285 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| RETIREMENT BENEFIT OBLIGATIONS | $22,121,144 |
| OTHER LIABILITY | $338,558 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $22,459,702 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | LL GLOBAL HAS NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2013. LL GLOBAL'S, LIMRA'S, LOMA'S AND LL GLOBAL SERVICES, INC.'S U.S. FEDERAL AND STATE INCOME TAX AND INFORMATION RETURNS PRIOR TO CALENDAR YEAR 2010 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF LL GLOBAL HAD UNRELATED BUSINESS INCOME TAXES, IT WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH ANY TAX MATTERS AS PART OF THE INCOME TAX PROVISION AND INCLUDE ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (6 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| EAST ASIA & PACIFIC | 1 | 15 | PROGRAM SERVICES | CONTINUING EDUCATION, EDUCATION AND TRAINING, ON LINE | $1,250,825 |
| NORTH ASIA | 0 | 0 | PROGRAM SERVICES | EDUCATION AND TRAINING, ON LINE LEARNING | $464,060 |
| SOUTH AMERICA | 0 | 1 | PROGRAM SERVICES | EDUCATION AND TRAINING, ON LINE LEARNING | $999,440 |
| NORTH AMERICA | 1 | 4 | PROGRAM SERVICES | EDUCATION AND TRAINING, ON LINE LEARNING | $283,877 |
| SOUTH ASIA | 0 | 4 | PROGRAM SERVICES | EDUCATION AND TRAINING, ON LINE LEARNING | $1,331,727 |
| CENTRAL AMERICA | 0 | 1 | PROGRAM SERVICES | EDUCATION AND TRAINING, ON LINE LEARNING | $14,762 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 2 | SubtotalOfficesCnt |
| Subtotal Employees | 25 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 2 | TotalOfficeCnt |
| Total Employee | 25 | TotalEmployeeCnt |
| Subtotal Spent | $4,344,691 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $4,344,691 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROBERT A KERZNER | ||||||||||||||
| CEO, PRESIDENT | $413,994 | $185,975 | $172,500 | $77,500 | $182,702 | $82,084 | $12,750 | $0 | $0 | $0 | $781,946 | $345,559 | $0 | $0 |
| CURTIS H CONNER | ||||||||||||||
| SR. VICE PRESIDENT, TREASU | $138,916 | $62,412 | $49,095 | $22,057 | $1,602 | $720 | $12,750 | $0 | $12,509 | $0 | $214,872 | $85,189 | $0 | $0 |
| DAVID MARCONE | ||||||||||||||
| ASST. TREASURER & CORPORAT | $84,575 | $37,998 | $5,175 | $2,325 | $224 | $101 | $6,979 | $0 | $17,414 | $0 | $114,367 | $40,424 | $0 | $0 |
| ROBERT M BARANOFF | ||||||||||||||
| SECRETARY | $221,421 | $0 | $67,000 | $0 | $3,564 | $0 | $12,750 | $0 | $12,508 | $0 | $317,243 | $0 | $0 | $0 |
| CAROL LARCO-MURZYN | ||||||||||||||
| VICE PRESIDENT MARKETING | $147,492 | $0 | $56,000 | $0 | $2,479 | $0 | $8,762 | $0 | $16,598 | $0 | $231,331 | $0 | $0 | $0 |
| GARY R ALUISE | ||||||||||||||
| SR. VICE PRESIDENT, MANAGI | $157,647 | $0 | $51,780 | $0 | $3,168 | $0 | $10,603 | $0 | $14,601 | $0 | $237,799 | $0 | $0 | $0 |
| JEFFREY HASTY | ||||||||||||||
| SR. VICE PRESIDENT | $196,403 | $0 | $67,203 | $0 | $1,242 | $0 | $11,172 | $0 | $17,326 | $0 | $293,346 | $0 | $0 | $0 |
| KATHERINE MILLIGAN | ||||||||||||||
| SENIOR VICE PRESIDENT | $180,358 | $0 | $70,635 | $0 | $2,080 | $0 | $11,440 | $0 | $20,282 | $0 | $284,795 | $0 | $0 | $0 |
| JONATHAN STAR | ||||||||||||||
| CHIEF INFORMATION OFFICER | $144,764 | $0 | $21,408 | $0 | $0 | $0 | $8,308 | $0 | $7,877 | $0 | $182,357 | $0 | $0 | $0 |
| LUCIAN J LOMBARDI | ||||||||||||||
| VICE PRESIDENT | $188,348 | $0 | $8,000 | $0 | $2,178 | $0 | $9,518 | $0 | $13,805 | $0 | $221,849 | $0 | $0 | $0 |
| MICHELE LABOUFF | ||||||||||||||
| SENIOR VICE PRESIDENT | $141,953 | $0 | $67,000 | $0 | $396 | $0 | $11,200 | $0 | $11,876 | $0 | $232,425 | $0 | $0 | $0 |
| PAUL DESIMONE | ||||||||||||||
| VICE PRESIDENT | $160,006 | $0 | $60,000 | $0 | $1,744 | $0 | $10,000 | $0 | $0 | $0 | $231,750 | $0 | $0 | $0 |
| JUDITH A SCHOTT | ||||||||||||||
| VICE PRESIDENT | $112,337 | $0 | $83,514 | $0 | $1,750 | $0 | $9,784 | $0 | $13,697 | $0 | $221,082 | $0 | $0 | $0 |
| SCOTT STATHIS | ||||||||||||||
| CORP VICE PRESIDENT | $172,491 | $0 | $6,000 | $0 | $2,012 | $0 | $0 | $0 | $19,414 | $0 | $199,917 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE CORPORATION HAS THREE CLASSES OF MEMBERS: (1) REGULAR MEMBERSHIP IN THE CORPORATION SHALL BE LIMITED TO LEGAL RESERVE LIFE INSURANCE COMPANIES DOMICILED IN THE UNITED STATES OR CANADA. (2) INTERNATIONAL MEMBERSHIP IN THE CORPORATION SHALL BE LIMITED TO LEGAL RESERVE LIFE INSURANCE COMPANIES DOMICILED OUTSIDE THE UNITED STATES OR CANADA. (3) AFFILIATED MEMBERSHIP IN THE CORPORATION SHALL BE LIMITED TO FINANCIAL SERVICE ORGANIZATIONS THAT CREATE, MARKET, SELL AND/OR OTHERWISE DISTRIBUTE AT LEAST ONE OR MORE FINANCIAL PRODUCTS AND ARE NOT LEGAL RESERVED LIFE INSURANCE COMPANIES, REGARDLESS OF WHETHER THEY ARE OR ARE NOT RELATED TO AND/OR OWNED BY ANY CURRENT MEMBER(S) OF THE CORPORATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | VOTING MEMBERS CAN ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION A, LINE 7B | EACH REGULAR MEMBER AND INTERNATIONAL MEMBER OF THE CORPORATION IN GOOD STANDING SHALL BE ENTITLED TO ONE VOTE ON MATTERS SUBMITTED TO MEMBERS FOR ACTION AND SHALL HAVE FULL RIGHTS AND PRIVILEGES OF MEMBERSHIP AND SHALL BE REFERRED TO HEREIN AS THE "VOTING MEMBERS." AFFILIATE MEMBERS SHALL HAVE NO VOTING RIGHTS, BUT SHALL BE ENTITLED TO SUCH RIGHTS AND PRIVILEGES OF MEMBERSHIP AS THE BOARD OF DIRECTORS MAY FROM TIME TO TIME DETERMINE AND SHALL BE REFERRED TO HEREIN AS "NON-VOTING MEMBERS." |
| FORM 990, PART VI, SECTION B, LINE 11 | AN ELECTRONIC COPY OF THE FORM 990 IS PROVIDED TO THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS IN A TIMELY MANNER PRIOR TO THE FILING OF THE DOCUMENT. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE COMPANY HAS AN ETHICS COMMITTEE WHICH IS COMPRISED OF COMPANY OFFICIALS IN POSITIONS OF SENIOR MANAGEMENT OR WITH ACCESS TO SENIOR MANAGEMENT. IN ADDITION TO THESE INTERNAL RESOURCES FOR REPORTING AN ETHICS CONCERN, COMPANY EMPLOYEES MAY ALSO ELECT TO SUBMIT AN ETHICS CONCERN TO INTOUCH, THE COMPANY'S EXTERNAL HOTLINE PROVIDER. ALL EMPLOYEE CONCERNS REPORTED TO THE COMPANY DIRECTLY OR THROUGH THE EXTERNAL REPORTING HOTLINE SERVICE WILL BE REVIEWED AND INVESTIGATED AS APPROPRIATE. THE PURPOSE OF THE CONFLICT OF INTEREST POLICY IS TO PROTECT THE INTEREST OF THE ORGANIZATION WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN OFFICER OR DIRECTOR OF THE ORGANIZATION OR MIGHT RESULT IN A POSSIBLE EXCESS BENEFIT TRANSACTION. |
| FORM 990, PART VI, SECTION B, LINE 15 | THERE ARE FIVE PARTS TO THE SALARY ADMINISTRATION PROGRAM. - POSITION DESCRIPTION - INFORMATION ON THE DUTIES, RESPONSIBILITIES, SKILLS, KNOWLEDGE, AND ABILITIES REQUIRED FOR EACH POSITION. - POSITION EVALUATION - USING THE POSITION DESCRIPTION, EACH JOB IS EVALUATED BASED ON CONTENT AND ITS RELATIVE VALUE TO OTHER JOBS WITHIN THE ASSOCIATION. - SALARY RANGES - COMPETITIVE DATA ARE USED TO COMPILE SALARY RANGES THAT ARE REVIEWED ON A REGULAR BASIS. - PERFORMANCE EVALUATION - EMPLOYEES ARE RATED ON HOW THEIR JOB PERFORMANCE COMPARES WITH THE OBJECTIVES AND STANDARDS OF THEIR POSITION. - SALARY REVIEW - A SALARY REVIEW IS CONDUCTED ANNUALLY IN JANUARY. SALARY GRADES PROVIDE MEANINGFUL DISTINCTIONS AMONG POSITIONS JUDGED TO BE OF DIFFERENT VALUE TO LL GLOBAL. THE ASSIGNMENT OF A POSITION TO A SALARY GRADE IS BASED ON THE POSITION EVALUATION PROCESS. EXTERNAL COMPETITIVE MARKETPLACE VALUES ARE DETERMINED THROUGH SALARY SURVEYS. SALARY RANGES HAVE MINIMUM AND MAXIMUM DOLLAR VALUES, WHICH REPRESENT THE RANGE OF SALARY RATES PAID TO AN EMPLOYEE IN A PARTICULAR SALARY GRADE. SALARY RANGES ARE ADJUSTED PERIODICALLY TO KEEP UP WITH MARKET VALUES. IF AN EMPLOYEES SALARY FALLS BELOW THE MINIMUM OF THE SALARY RANGE THE EMPLOYEE WILL NORMALLY RECEIVE A SALARY ADJUSTMENT TO BRING THEM TO THE MINIMUM OF THE SALARY RANGE. REGARDING THE DETERMINATION OF COMPENSATION, THERE ARE DIFFERENT GROUPS WHO RECOMMEND, REVIEW AND APPROVE EACH AREA. THE OVERALL COMPENSATION BUDGET IS RECOMMENDED BY HR AND APPROVED BY THE CEO AND BOARD OF DIRECTORS. MERIT INCREASES ARE RECOMMENDED BY BUSINESS UNIT HEADS, CEO, AND THE IMMEDIATE SUPERVISOR/MANAGER. THE INCREASES ARE THEN REVIEWED BY HUMAN RESOURCES, BUSINESS UNIT HEADS, AND BOARD OF DIRECTORS. ONCE A FINAL DECISION IS MADE, COMPENSATION IS APPROVED BY HUMAN RESOURCES, BUSINESS UNIT HEADS, AND BOARD OF DIRECTORS. PERFORMANCE BONUSES ARE RECOMMENDED BY BUSINESS UNIT HEADS, CEO, AND THE IMMEDIATE SUPERVISOR/MANAGER THEN REVIEWED BY HUMAN RESOURCES AND THE CEO. THE CEO GETS FINAL APPROVAL. INCENTIVE COMPENSATION IS CALCULATED USING A FORMULA DRIVEN BY INCENTIVE COMPENSATION PLANS AND ANNUAL RESULTS. THE CALCULATION IS REVIEWED BY HR THEN APPROVED BY THE CFO, HR, AND THE BUSINESS UNIT HEADS. IN REFERENCE TO THE CEO'S COMPENSATION PLAN, THE COMPENSATION AND BENEFIT COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS MARKET DATA AND MAKES RECOMMENDATIONS BASED ON THE LONG- AND SHORT-TERM INTERESTS OF THE COMPANY AND ITS MEMBERS. THE CHAIR OF THE BOARD OF DIRECTOR'S TAKES THE LEAD ON DISCUSSING AND NEGOTIATING COMPENSATION WITH THE CEO BASED ON THE INPUT FROM THE COMPENSATION AND BENEFIT COMMITTEE. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FOR LEGITIMATE BUSINESS REASONS. |
| FORM 990, PART XI, LINE 9: | RETIREMENT OBLIGATION ADJUSTMENT 9,986,792. FOREIGN TRANSLATION ADJUSTMENT 25,280. CONTRIBUTION 10,000. EQUITY METHOD OF ACCOUNTING FOR INVESTMENT IN SUBSIDIARY -4,812,795. TRANSFER OF ASSETS TO LL GLOBAL EDUCATION -1,100,000. |
| FORM 990, PART XII, LINE 2: | ALTHOUGH THE ORGANIZATION DOES NOT RECEIVE STAND ALONE GAAP FINANCIAL STATEMENTS, IT DOES RECEIVE ON AN ANNUAL BASIS FROM INDEPENDENT AUDITORS CONSOLIDATED ENTITY GAAP FINANCIAL STATEMENTS FOR IT AND ITS AFFILIATES. |
| FORM 990, PART XII, LINE 2C: | THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS NOR ITS SELECTION PROCESS DURING THE YEAR. |
| FORM 990, SCHEDULE R, PART V, LINE 2 | THE RELATED ORGANIZATIONS SHARE EMPLOYEES, OCCUPANCY COSTS, AND OTHER COMMON EXPENSES. THE RELATED PARTIES ALLOCATE ALL SHARED EXPENSES BASED ON METHODS WHICH BEST REPRESENT THE USAGE BY EACH INDIVIDUAL COMPANY. AS SHARED EXPENSES ARE RECORDED THEY ARE ALLOCATED TO THE COMPANY CONSUMING THE GOODS AND/OR SERVICES. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LL GLOBAL EDUCATION FOUNDATION INC | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 DAY HILL ROAD | AddressLine1 |
| City | WINDSOR | City |
| State | CT | State |
| ZIP Code | 06095 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 202458799 | EIN |
| Primary Activities | PROMOTE AND FUND RESEARCH IN THE INSURANCES AND FINANCIAL SERVICES INDUSTRY | PrimaryActivitiesTxt |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 11B, II | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LL GLOBAL SERVICES INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd | Address Line1ForeignAddress/AddressLine1 | CityForeignAddress/City | CountryForeignAddress/Country | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LL GLOBAL SERVICES INC | ||||||||||||||||
| 300 DAY HILL ROAD | WINDSOR | CT | 06095 | 061638159 | PROVIDES SERVICES TO INSURANCE INDUSTRY | CT | LL GLOBAL INC | C | -$1,956,114 | $4,251,577 | 1.00000 | Yes (1) | ||||
| LIMRA EUROPE LTD | ||||||||||||||||
| PROVIDES SERVICES TO INSURANCE INDUSTRY | LL GLOBAL INC | -$3,099 | $241,666 | 1.00000 | Yes (1) | CARDINAL POINT PARK RD 2ND FLOOR | RICKMANSWORTH | UK | UK | |||||||
| KEHRER LIMRA INC | ||||||||||||||||
| 300 DAY HILL ROAD | WINDSOR | CA | 06095 | 222947754 | PROVIDES SERVICES TO INSURANCE INDUSTRY | CT | LL GLOBAL SERVICES INC | C | -$598,257 | $417,887 | 1.00000 | Yes (1) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (5 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| LL GLOBAL SERVICES INC & SUBSIDIARY | ||
| B | $4,725,256 | FAIR MARKET VALUE |
| LIMRA EUROPE LTD | ||
| L | $1,096,491 | FAIR MARKET VALUE OF SERVICES |
| LL GLOBAL SERVICES INC & SUBSIDIARY | ||
| N | $5,588,281 | FAIR MARKET VALUE |
| LL GLOBAL SERVICES INC & SUBSIDIARY | ||
| O | $666,633 | FAIR MARKET VALUE |
| LL GLOBAL EDUCATION FOUNDATION INC | ||
| B | $1,100,000 | FAIR MARKET VALUE |