FEDERATION OF REGULATORY COUNSEL INC: Form 990EZ, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- FEDERATION OF REGULATORY COUNSEL INC (EIN 84-1104390)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-05-08
- IRS object ID
- 202311289349200046
- Schema version
- 2022v5.0
- 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 | 2023-05-08T10:39:55-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 411489071 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SMITH SCHAFER & ASSOCIATES LTD | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7500 HIGHWAY 55 SUITE 350 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55427 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 841104390 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FEDERATION OF REGULATORY COUNSEL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FEDE | BusinessNameControlTxt |
| Phone | 9529284656 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4248 PARK GLEN ROAD | AddressLine1Txt |
| City | SAINT LOUIS PARK | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55416 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARK WARREN | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 9529284656 | PhoneNum |
| Signature | 2023-04-28 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MARK | PersonFirstNm |
| Person Last | WARREN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ADAM KELLERHALS | PreparerPersonNm |
| PTIN | P01568272 | PTIN |
| Phone | 9529201455 | PhoneNum |
| Preparation | 2023-04-26 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Website Address | WWW.FORC.ORG | WebsiteAddressTxt |
| Organization501c | Yes (X) | Organization501cInd |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $87,143 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Membership Dues | $86,775 | MembershipDuesAmt |
| Investment Income | $368 | InvestmentIncomeAmt |
| Total Revenue | $87,143 | TotalRevenueAmt |
| Fees And Other Pymt To Ind Cntrct | $47,420 | FeesAndOtherPymtToIndCntrctAmt |
| Printing Publications Postage | $4,224 | PrintingPublicationsPostageAmt |
| Other Expenses Total | $39,185 | OtherExpensesTotalAmt |
| Total Expenses | $90,829 | TotalExpensesAmt |
| Excess Or Deficit For Year | -$3,686 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $247,472 | NetAssetsOrFundBalancesBOYAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Net Assets Or Fund Balances EOY | $243,786 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $274,319 | BOYAmt |
| EOY | $262,676 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $603 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $274,319 | BOYAmt |
| EOY | $263,279 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,847 | BOYAmt |
| EOY | $19,493 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $247,472 | BOYAmt |
| EOY | $243,786 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Primary Exempt Purpose | PROFESSIONAL ASSOCIATION OF INSURANCE REGULATORY LAWYERS FORMED FOR THE PURPOSE OF (1) RAISING THE STANDARD OF EXCELLENCE IN THE PRACTICE OF REGULATORY LAW, AND (2) PROMOTING THE EXPERTISE AND ABILITIES OF ITS MEMBERS TO THEIR CLIENTS, THE INSURANCE INDUSTRY, AND OTHER LAWYERS REQUIRING THEIR SPECIAL SKILLS. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | NEWSLETTERS ARE SENT THREE TIMES A YEAR TO ATTORNEYS WHO REPRESENT INSURANCE COMPANIES, STATE INSURANCE DEPARTMENTS, AND VARIOUS INSURANCE COMPANIES KEEPING THEM ABREAST OF EDUCATION AND LEGAL MATTERS OF INTEREST TO INSURANCE INDUSTRY IN ADDITION, E-MAIL ALERTS ARE SENT. FEDERATION OF REGULATORY COUNSEL INC HAS APPOXIMATELY 110 MEMBERS. | DescriptionProgramSrvcAccomTxt |
| Grants And Allocations | $0 | GrantsAndAllocationsAmt |
| Program Service Expenses | $0 | ProgramServiceExpensesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IV | Yes (X) | InfoInScheduleOPartIVInd |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (12 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|
| CYNTHIA BORRELLI | ||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| SUE STEAD | ||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| RONNIE JOHNSON | ||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| TASHA CYCHOLL | ||||
| VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| MICHAEL MOLONY | ||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| SCOTT SORKIN | ||||
| PRESIDENT AT LARGE | 1.00 | $0 | $0 | $0 |
| STEVE TAYLOR | ||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| A KENNETH LEVINE | ||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| JIM GKONOS | ||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| ROBERT NEFSKY | ||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| DANIEL FURMAN | ||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| MATT COBLE | ||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | 0 | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | 0 | OrganizationHadUBIInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Direct Indirect Pltcl Expend | $0 | DirectIndirectPltclExpendAmt |
| Made Loans To From Officers | 0 | MadeLoansToFromOfficersInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE HARRINGTON CO | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4248 PARK GLEN ROAD | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55416 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9529287477 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Donor Advised Fnds | 0 | DonorAdvisedFndsInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Tanning Services Provided | 0 | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME | DESCRIPTION: INTEREST INCOME. AMOUNT: 368. |
| FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES | DESCRIPTION: BANK & CREDIT CARD FEES. AMOUNT: 2,583. DESCRIPTION: COMMITTEE EXPENSES. AMOUNT: 25,519. DESCRIPTION: GRAPHICS. AMOUNT: 3,699. DESCRIPTION: INSURANCE. AMOUNT: 791. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 1,396. DESCRIPTION: WEBSITE FEES. AMOUNT: 1,293. DESCRIPTION: ADVERTISING EXPENSE. AMOUNT: 3,836. DESCRIPTION: BOARD EXPENSES. AMOUNT: 68. TOTAL TO FORM 990-EZ, LINE 16: 39,185. |
| FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS | DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 603. |
| FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES | DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 8,047. END OF YEAR AMOUNT: 19,493. DESCRIPTION: DEFERRED MEMBERS' DUES. BEG. OF YEAR AMOUNT: 18,800. END OF YEAR AMOUNT: 0. |
Transfer Prsnl Bnft Contracts Decl TransferPrsnlBnftContractsDecl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Declaration | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. | DeclarationDesc |