2023-11-07T15:10:11-06:00 2022-12-31 430765316 RUBINBROWN LLP 1200 MAIN STREET SUITE 1000 KANSAS CITY MO 64105 990 2022-01-01 431763793 NATIONAL INSURANCE PRODUCER REGISTRY DBA NIPR NATI 8168423600 1100 WALNUT STREET SUITE 1500 KANSAS CITY MO 64106 KAREN STAKEM HORNIG CHIEF EXECUTIVE OFFICER 8168423600 2023-11-07 1 KAREN STAKEM HORNIG 999009999 0 MATTHEW C HALL P01573021 8164721122 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z NIPR KAREN STAKEM HORNIG 1100 WALNUT STREET SUITE 1500 KANSAS CITY MO 64106 76294285 0 X WWW.NIPR.COM X 1996 MO NIPR IS A NOT-FOR-PROFIT TECHNOLOGY COMPANY THAT PROVIDES COST-EFFECTIVE, STREAMLINED AND UNIFORM LICENSING DATA AND COMPLIANCE SERVICES FOR INSURANCE PROFESSIONALS. TOGETHER WITH THE NAIC AND THE INSURANCE INDUSTRY, NIPR PROTECTS AND SERVES INSURANCE CONSUMERS. 13 12 121 13 0 0 0 0 61662122 67467354 2961394 2523286 0 0 64623516 69990640 0 0 0 0 13706721 15783065 0 0 0 37100598 44451021 50807319 60234086 13816197 9756554 99208437 100835699 7169725 7800759 92038712 93034940 NIPR IS A NOT-FOR-PROFIT TECHNOLOGY COMPANY THAT PROVIDES COST-EFFECTIVE, STREAMLINED AND UNIFORM LICENSING DATA AND COMPLIANCE SERVICES FOR INSURANCE PROFESSIONALS. TOGETHER WITH THE NAIC AND THE INSURANCE INDUSTRY, NIPR PROTECTS AND SERVES INSURANCE CONSUMERS. 0 0 NIPR SUPPORTS THE MEMBERS OF THE NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS, A 501(C)(3) ORGANIZATION, THROUGH A SERVICE AGREEMENT, BY ASSISTING IN MAINTAINING THE NAIC'S STATE PRODUCER LICENSING DATABASE WHICH CONTAINS RECORDS REGARDING INSURANCE AGENTS AND OTHER SUCH PRODUCERS THROUGHOUT THE FIFTY STATES, THE DISTRICT OF COLUMBIA, GUAM, PUERTO RICO AND THE VIRGIN ISLANDS. THESE RECORDS ARE ACCESSED ELECTRONICALLY BY THE INSURANCE COMMISSIONERS OF ALL SUCH JURISDICTIONS AND THEIR STAFFS AND MAY BE EMPLOYED TO EXPEDITE THE PRODUCER LICENSING ACTIVITIES THEREOF. THE PRODUCER DATABASE MAY BE ACCESSED BY INSURANCE COMPANIES. IN ADDITION, THE GATEWAY FACILITATES THE PRODUCER LICENSING, APPOINTMENT AND TERMINATION PROCESS BETWEEN STATE INSURANCE REGULATORS AND THE INSURANCE INDUSTRY. 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 11 0 121 1 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 1 0 0 X JIM WOODY NAIC CFO 8168423600 1100 WALNUT STREET SUITE 1500 KANSAS CITY MO 64106 THE HONORABLE LARRY DEITER DIRECTOR PRESIDENT 1.00 0.00 X X 0 0 0 DAVID LEIFER DIRECTOR VICE PRESIDENT 1.00 0.00 X X 0 0 0 THE HONORABLE ELIZABETH DWYER DIRECTOR SECRETARY/TREASURER 1.00 0.00 X X 0 0 0 WESLEY BISSETT DIRECTOR 1.00 0.00 X 0 0 0 THE HONORABLE SHARON CLARK DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL CONSEDINE DIRECTOR AND CEO OF NAIC 1.00 37.50 X 0 1020708 51513 THE HONORABLE EVAN DANIELS DIRECTOR 1.00 0.00 X 0 0 0 MAEGHAN GALE DIRECTOR 1.00 0.00 X 0 0 0 SUZANNE LOOMIS DIRECTOR 1.00 0.00 X 0 0 0 VICTORIA MCCARTHY DIRECTOR 1.00 0.00 X 0 0 0 THE HONORABLE VICKI SCHMIDT DIRECTOR 1.00 0.00 X 0 0 0 JESSICA WALTMAN DIRECTOR 1.00 0.00 X 0 0 0 THE HONORABLE LORI WING-HEIER DIRECTOR 1.00 0.00 X 0 0 0 KAREN STAKEM HORNIG CHIEF EXECUTIVE OFFICER 37.50 0.00 X 564289 0 40543 ERIC SAUL CHIEF TECHNOLOGY OFFICER 37.50 0.00 X 383690 0 40402 LAURIE WOLF DEPUTY DIRECTOR 37.50 0.00 X 238876 0 43925 SARAH HEIDENREICH GENERAL COUNSEL 37.50 0.00 X 263614 0 53276 VALERIA WILLIAMS DIRECTOR OF BUS. DEV. & CUSTOMER EXP. 37.50 0.00 X 231005 0 40214 DENNIS WILSON ASST. DIRECTOR QUALITY ASSURANCE 37.50 0.00 X 208678 0 30564 HEIDI WOOD ASST. DIRECTOR APPLICATION DEV. 37.50 0.00 X 184590 0 48029 STEVE ANDERSON ENTERPRISE ARCHITECT 37.50 0.00 X 162480 0 22782 2237222 1020708 371248 8 0 1 0 SOGETI 28309 NETWORK PLACE CHICAGO IL 60673 CONSULTING 2584950 PREMIER TECH INC 7300 W 110TH STREET OVERLAND PARK KS 66210 CONSULTING 1453336 TRICOM TECHNICAL SERVICE LC 1115 ASH STREET LEAWOOD KS 66211 CONSULTING 1092412 APEX SYSTEMS LLC 3750 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 CONSULTING 726038 KFORCE 12022 BLUE VALLEY PARKWAY OVERLAND PARK KS 66213 CONSULTING 210388 6 PRODUCER LICENSING FEE 900099 28519602 28519602 DATABASE ACCESS REV 900099 25842673 25842673 APPOINTMENT RENEWAL/ALERTS 900099 11947704 11947704 CAR REPORTS 900099 1122375 1122375 OTHER SERVICE REVENUE 900099 35000 35000 67467354 1629325 1629325 7197606 6303645 893961 893961 893961 69990640 67467354 0 2523286 1311724 10311181 773316 2473624 913220 345572 81654 29281 121923 2802402 252121 202148 13963933 25549116 73551 521197 2050 152482 BAD DEBT 232732 USER CONFERENCE 64091 OTHER 53750 TAXES 3018 60234086 4279704 3575707 30945105 35289150 5244543 5611639 955309 1058934 3161167 123972 0 3037195 52992774 46280937 4791002 5982137 99208437 100835699 7169725 7800759 7169725 7800759 X 92038712 93034940 0 0 92038712 93034940 99208437 100835699 9756554 -8760326 0 X X 0 1 X 1 0 3161167 123972 3037195 3037195 MAGNITUDE INTERNATIONAL 5982137 F 5982137 X 61108391 -8760326 -8760326 69868717 121923 121923 69990640 60112163 0 60112163 121923 121923 60234086 PART X, LINE 2: UNCERTAIN TAX POSITIONS, IF ANY, ARE RECORDED IN ACCORDANCE WITH (ASC) TOPIC 740, INCOME TAXES. ASC 740 REQUIRES THE RECOGNITION OF A LIABILITY FOR TAX POSITIONS TAKEN THAT DO NOT MEET THE MORE-LIKELY-THAN-NOT STANDARD THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES. THERE IS NO LIABILITY FOR UNCERTAIN TAX POSITIONS RECORDED AT DECEMBER 31, 2022 OR 2021. X X 1 1 X X X X X 0 0 0 MICHAEL CONSEDINE DIRECTOR AND CEO OF NAIC 0 770734 0 180557 0 69417 0 25925 0 77101 0 1123734 0 0 KAREN STAKEM HORNIG CHIEF EXECUTIVE OFFICER 444735 0 89809 0 29745 0 25925 0 14618 0 604832 0 0 0 ERIC SAUL CHIEF TECHNOLOGY OFFICER 329538 0 48201 0 5951 0 25925 0 14477 0 424092 0 0 0 SARAH HEIDENREICH GENERAL COUNSEL 219806 0 29629 0 14179 0 19004 0 34272 0 316890 0 0 0 LAURIE WOLF DEPUTY DIRECTOR 200511 0 31235 0 7130 0 17307 0 26618 0 282801 0 0 0 VALERIA WILLIAMS DIRECTOR OF BUS. DEV. & CUSTOMER EXP 187019 0 28973 0 15013 0 17075 0 23139 0 271219 0 0 0 DENNIS WILSON ASST. DIRECTOR QUALITY ASSURANCE 187456 0 834 0 20388 0 17769 0 12795 0 239242 0 0 0 HEIDI WOOD ASST. DIRECTOR APPLICATION DEV. 174162 0 358 0 10070 0 15185 0 32844 0 232619 0 0 0 STEVE ANDERSON ENTERPRISE ARCHITECT 160537 0 633 0 1310 0 12492 0 10290 0 185262 0 0 0 SCHEDULE J, PART I, LINE 1A KAREN STAKEM HORNIG, SARAH HEIDENREICH, ERIC SAUL, DENNIS WILSON, LAURIE WOLF, HEIDI WOOD AND VALERIA WILLIAMS ARE ELIGIBLE FOR A DIRECTOR'S BENEFIT FOR VARIOUS WELLNESS/FITNESS ITEMS AND TAX AND LEGAL SERVICES WHICH ARE COMPENSATED BY NIPR. MICHAEL CONSEDINE IS ELIGIBLE FOR SIMILAR DIRECTOR'S BENEFITS. ALL OF MICHAEL CONSEDINE'S COMPENSATION AND BENEFITS ARE PAID FOR AND PROVIDED BY THE NAIC. SCHEDULE J, PART I, LINE 3 NIPR HAS A FORMAL EXECUTIVE COMPENSATION POLICY FOR THE CHIEF EXECUTIVE OFFICER INCLUDING AN ANNUAL PERFORMANCE REVIEW, COMPARABILITY DATA, AND REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS. THE CEO'S COMPENSATION IS DETERMINED BY NATIONAL SURVEYS, INDEPENDENT CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS AND BOARD APPROVAL AND IS BASED ON PERFORMANCE AS STATED IN THE WRITTEN ANNUAL EVALUATION. ANNUAL COMPENSATION INCREASES ARE BASED AT LEAST IN PART ON A REVIEW BY AN INDEPENDENT CONSULTANT. FORM 990, PART VI, SECTION A, LINE 6 THE NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS (NAIC) IS THE SOLE MEMBER OF THE NIPR. THE NAIC APPOINTS THE REGULATORY MEMBERS OF THE GOVERNING BODY OF THE NIPR. THE NAIC DOES NOT HAVE ANY VOTING RIGHTS. THE MEMBERS APPOINTED BY THE NAIC DO HAVE VOTING RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A THE NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS (NAIC) IS THE SOLE MEMBER OF THE NIPR. THE NAIC APPOINTS THE REGULATORY MEMBERS OF THE GOVERNING BODY OF THE NIPR. THE NAIC DOES NOT HAVE ANY VOTING RIGHTS. THE MEMBERS APPOINTED BY THE NAIC DO HAVE VOTING RIGHTS. FORM 990, PART VI, SECTION A, LINE 8B THE AUDIT COMMITTEE MEETS AT LEAST THREE TIMES A YEAR AND THE INVESTMENT COMMITTEE MEETS ON AN AS NEEDED BASIS. BOTH OF THEIR MINUTES ARE TAKEN ORALLY AND THEN ADDED TO THE OFFICIAL MINUTES FOR EACH BOARD OF DIRECTORS MEETINGS. THEY ARE NOT HOWEVER AUTHORIZED TO ACT ON BEHALF OF THE GOVERNING BODY (BOARD OF DIRECTORS). FORM 990, PART VI, SECTION B, LINE 11B NATIONAL INSURANCE PRODUCER REGISTRY ("NIPR") IS EXEMPT FROM FEDERAL INCOME TAX AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. AS AN EXEMPT ORGANIZATION, NIPR MUST ANNUALLY FILE THE IRS FORM 990. THE PURPOSE OF THIS FORM 990 REVIEW POLICY ("POLICY") IS TO ENSURE THAT A SUBSTANTIVE AND INDEPENDENT REVIEW OF THE FORM 990 IS UNDERTAKEN BY NIPR'S AUDIT COMMITTEE. THE FORM 990 IS A COMPREHENSIVE SELF-AUDIT OF NIPR'S ACTIVITIES INCLUDING, WITHOUT LIMITATION, ITS COMPENSATION ARRANGEMENTS, TRANSACTIONS WITH INTERESTED PERSONS, TRANSACTIONS WITH RELATED ORGANIZATIONS AND IT REQUIRES DISCLOSURE OF ITS GOVERNANCE FRAMEWORK, POLICIES AND PROCEDURES. THE FORM IS A PUBLIC DOCUMENT SO ANYONE WHO WISHES TO REVIEW THE FORM MUST BE PERMITTED TO DO SO AND IF ANYONE REQUESTS A COPY, THEY MUST BE PROVIDED WITH ONE. II. GENERAL POLICY: IT IS THE GENERAL POLICY OF NIPR TO HAVE ITS AUDIT COMMITTEE CONDUCT A SUBSTANTIVE REVIEW OF THE FORM 990 DURING ITS PREPARATION BY AN OUTSIDE ACCOUNTANT WITH THE ASSISTANCE OF NIPR'S COUNSEL, OFFICERS AND STAFF. THE FINAL VERSION OF THE FORM 990 SHALL BE PROVIDED TO ALL OF THE MEMBERS OF NIPR'S BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE IRS. III. PROCEDURES IN ACCORDANCE WITH ITS REVIEW FUNCTION: THE AUDIT COMMITTEE SHALL TAKE THE FOLLOWING ACTIONS: *APPROVE THE FORM 990 PREPARER. *CAREFULLY MONITOR THE DESCRIPTION OF NIPR'S PURPOSES AND ACTIVITIES REPORTED ON THE FORM 990 TO ENSURE THAT THE DESCRIPTION PROVIDED ACCURATELY DESCRIBES NIPR'S PURPOSES AND ACTIVITIES AND THAT THE STATED PURPOSES AND ACTIVITIES FURTHER THE EXEMPT PURPOSES OF NIPR WITHIN THE MEANING OF SECTION 501(C)(6) OF THE CODE. *ENSURE THAT THE MISSION STATEMENT STATED IN THE FORM 990 HAS BEEN APPROVED BY THE BOARD OF DIRECTORS IN A FORMAL BOARD RESOLUTION. *CONDUCT A DETAILED REVIEW AND ANALYSIS OF THE MATERIAL TAX AND FINANCIAL ISSUES AS WELL AS DISCLOSURE ISSUES RAISED BY THE FORM 990. *CONSULT DIRECTLY WITH THE FORM 990 PREPARER AND LEGAL COUNSEL, WHEN APPROPRIATE, RELATIVE TO ANY TAX, FINANCIAL OR DISCLOSURE ISSUES PRESENTED ON THE FORM. *AFTER CONSIDERATION AND ANALYSIS OF ALL OF THE MATERIAL ISSUES, AND AFTER DISCUSSIONS WITH THE FORM 990 PREPARER AND LEGAL COUNSEL, FORWARD THE FINAL VERSION TO THE BOARD OF DIRECTORS FOR ITS REVIEW AND APPROVAL PRIOR TO FILING. *APPROVE AND DISTRIBUTE THE ANNUAL QUESTIONNAIRE TO OFFICERS, DIRECTORS AND KEY EMPLOYEES TO ACQUIRE INFORMATION ON THEIR RESPECTIVE FAMILY AND BUSINESS RELATIONSHIPS, TRANSACTIONS WITH NIPR, POTENTIAL CONFLICTS OF INTEREST, AND OTHER INFORMATION NEEDED TO ANSWER VARIOUS FORM 990 QUESTIONS AND COMPLY WITH NIPR'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS ITS BOARD OF DIRECTORS AND EMPLOYEES SIGN AND SUBMIT ANNUAL QUESTIONNAIRES DISCLOSING THEIR POTENTIAL CONFLICT OF INTEREST. THE BOARD OF DIRECTORS FORMS ARE KEPT ON FILE WITH THE GENERAL COUNSEL. THE EMPLOYEE FORMS ARE RETAINED IN THE EMPLOYEE'S PERSONNEL FILE IN HUMAN RESOURCES. NEWLY SIGNED FORMS ARE REQUIRED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A NIPR HAS A FORMAL EXECUTIVE COMPENSATION POLICY FOR THE CHIEF EXECUTIVE OFFICER INCLUDING AN ANNUAL PERFORMANCE REVIEW, COMPARABILITY DATA, AND REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS. 15B: THERE ARE NO OFFICERS OTHER THAN THE CHIEF EXECUTIVE OFFICER COMPENSATED BY THE ORGANIZATION. KEY EMPLOYEES HAVE AN ANNUAL PERFORMANCE REVIEW PERFORMED BY THEIR IMMEDIATE SUPERVISOR. FORM 990, PART VI, SECTION C, LINE 19 NIPR INCLUDES THEIR ANNUAL AUDITED FINANCIAL STATEMENTS IN THE ANNUAL REPORT, WHICH IS POSTED TO THEIR WEBSITE AT WWW.NIPR.COM. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS A AUDIT COMMITTEE THAT IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS 1100 WALNUT STREET SUITE 1500 KANSAS CITY MO 64106 311674580 SEE PART VII DE 501(C)(3) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 1 0 SCHEDULE R, PART II THE NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS (NAIC) IS AN ORGANIZATION OF THE CHIEF INSURANCE REGULATORY OFFICIALS OF THE 50 STATES, THE DISTRICT OF COLUMBIA, AMERICAN SAMOA, GUAM, PUERTO RICO, THE U.S. VIRGIN ISLANDS AND THE NORTHERN MARIANA ISLANDS. FORMED IN 1871, IT IS THE OLDEST ASSOCIATION OF STATE OFFICIALS. THE NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS (NAIC) IS THE U.S. STANDARD-SETTING AND REGULATORY SUPPORT ORGANIZATION CREATED AND GOVERNED BY THE CHIEF INSURANCE REGULATORS FROM THE 50 STATES, THE DISTRICT OF COLUMBIA AND FIVE U.S. TERRITORIES. THROUGH THE NAIC, STATE INSURANCE REGULATORS ESTABLISH STANDARDS AND BEST PRACTICES, CONDUCT PEER REVIEW, AND COORDINATE THEIR REGULATORY OVERSIGHT. NAIC STAFF SUPPORTS THESE EFFORTS AND REPRESENTS THE COLLECTIVE VIEWS OF STATE REGULATORS DOMESTICALLY AND INTERNATIONALLY. NAIC MEMBERS, TOGETHER WITH THE CENTRAL RESOURCES OF THE NAIC, FORM THE NATIONAL SYSTEMS OF STATE-BASED INSURANCE REGULATION IN THE U.S. THE NAIC PROVIDES A WIDE RANGE OF SERVICES TO SUPPORT THE WORK OF ITS COMMITTEES, THE STATE INSURANCE DEPARTMENTS, STATE AND FEDERAL OFFICIALS AND THE PUBLIC. THE ASSOCIATION MAINTAINS THREE OFFICES: THE EXECUTIVE OFFICE, IN WASHINGTON, D.C.; THE CENTRAL OFFICE, IN KANSAS CITY, MO; AND THE CAPITAL MARKETS & INVESTMENT ANALYSIS OFFICE IN NEW YORK, NY.