2021-09-23T13:11:45-05:00 2020-12-31 111986323 MARCUM LLP 1899 L STREET NW 850 WASHINGTON DC 20036 990 2020-01-01 010792334 GAMA INTERNATIONAL GAMA 7036419400 1220 L STREET NW NO 100 WASHINGTON DC 20005 BONNIE GODSMAN CHIEF EXECUTIVE OFFICER 7036419400 2021-09-23 1 BONNIE GODSMAN XXX-XX-XXXX AARON M FOX P01365820 2028225000 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z X X BONNIE GODSMAN 1220 L STREET NW NO 100 WASHINGTON DC 20005 3578686 0 X WWW.GAMAWEB.COM X 1950 VA TO PROVIDE WORLD-CLASS EDUCATION AND TRAINING RESOURCES FOR THOSE IN THE FINANCIAL SERVICES INDUSTRY. X 18 17 0 35 0 0 20050 0 5468599 2484555 184150 38833 165360 157003 5838159 2680391 0 0 0 0 1900885 977977 0 0 0 3960832 2249999 5861717 3227976 -23558 -547585 3802032 0 1636170 0 2165862 0 X TO PROVIDE WORLD-CLASS EDUCATION AND TRAINING RESOURCES FOR INDIVIDUALS, COMPANIES AND ORGANIZATIONS INVOLVED WITH THE RECRUITMENT AND DEVELOPMENT OF FIELD MANAGERS, REPRESENTATIVES AND STAFF IN THE LIFE INSURANCE AND FINANCIAL SERVICES INDUSTRY; AND TO BE ADVOCATES OF THE VALUE-ADDED ROLE OF FIELD MANAGEMENT AND REPRESENTATIVES IN THE ETHICAL DISTRIBUTION OF LIFE INSURANCE AND FINANCIAL PRODUCTS AND SERVICES. 0 0 LAMP CONFERENCE - LIVE PROGRAM THAT ALLOWS MEMBERS TO EXCHANGE INFORMATION AND PARTICIPATE IN PROFESSIONAL DEVELOPMENT ACTIVITIES IN A ONE-TO-ONE ENVIRONMENT. MEMBERSHIP AND AWARDS - ALLOWS INDIVIDUALS TO BE A PART OF A PROFESSIONAL DEVELOPMENT ORGANIZATION AND GAIN ACCESS TO PROFESSIONAL DEVELOPMENT MATERIALS, BOTH WEB-BASED AND WRITTEN. ALSO PROVIDES WORLD-WIDE RECOGNITION OF MEETING FINANCIAL MILESTONES WITHIN THE INDUSTRY. PROFESSIONAL DEVELOPMENT SERVICES - MAKES AVAILABLE NUMEROUS PRODUCTS AND PUBLICATIONS THAT ARE CREATED SPECIFICALLY TO FURTHER THE PROFESSIONAL DEVELOPMENT OF FIELD LEADERS IN THE INSURANCE, INVESTMENT, AND FINANCIAL SERVICES INDUSTRIES. 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 19 0 1 0 0 0 0 0 0 0 0 0 X 18 17 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 VA X BONNIE GODSMAN 7036419400 1220 L STREET NW NO 100 WASHINGTON DC 20005 BONNIE GODSMAN CHIEF EXECUTIVE OFFICER 40.00 X X 566963 0 26531 DEBRA GROMMONS GAMA FOUNDATION CEO 40.00 X 114636 0 3574 PHILLIP REID CFO 40.00 X 45875 0 1667 FRANK T SCALESE PRESIDENT 3.00 X X 0 0 0 KELLY G KIDWELL PRESIDENT-ELECT 3.00 X X 0 0 0 RICHARD P DODD VICE PRESIDENT 3.00 X X 0 0 0 ROBERT BACCIGALUPI TREASURER 3.00 X X 0 0 0 MICHELLE R HUBERT SECRETARY 3.00 X X 0 0 0 J CHRISTOPHER NOONAN IMMEDIATE PAST PRESIDENT 3.00 X X 0 0 0 EDWARD G DEUTSCHLANDER GAMA FOUNDATION CHAIR 3.00 X X 0 0 0 KRISTI R ACREE MEMBER 1.00 X 0 0 0 CURTIS A BENTON MEMBER 1.00 X 0 0 0 TAMMY BUTTS MEMBER 1.00 X 0 0 0 AAMIR CHALISA MEMBER 1.00 X 0 0 0 ROBERT B FAKHIMI MEMBER 1.00 X 0 0 0 JOSEPH A GERGELY MEMBER 1.00 X 0 0 0 JOHN R HOFFMAN MEMBER 1.00 X 0 0 0 MARK MILETELLO MEMBER 1.00 X 0 0 0 DAVID C PORTER MEMBER 1.00 X 0 0 0 MISTY WELTZIEN MEMBER 1.00 X 0 0 0 727474 0 31772 2 0 1 0 CLIFTONLARSONALLEN LLP 220 S 6TH ST SUITE 300 MINNEAPOLIS MN 55402 ACCOUNTING SERVICES 170817 VELOCIS MOORE FAIRVIEW LP 300 CRESCENT COURT SUITE 850 DALLAS TX 75201 INVESTMENT SERVICES 156613 VENABLE LLP PO BOX 62727 BALTIMORE MD 21264 LEGAL SERVICES 134336 3 SERVICE FEES 900099 920650 920650 MEMBERSHIP DUES 900099 780872 780872 AWARDS 900099 484483 484483 PRODUCT SALES & LICENS 900099 247665 247665 CONFERENCE REGISTRATIO 900099 50885 50885 2484555 22944 22944 914184 890267 8028 23917 -8028 15889 15889 SUBLEASE INCOME 531120 152016 152016 CREDIT CARD SETTLEMENT 900099 3987 3987 OTHER INCOME 900099 1000 1000 157003 2680391 2484555 0 195836 X 499088 371659 23033 20401 63796 132974 205578 13606 1243886 862 79188 516 163176 130160 78657 66218 98 49859 12663 AWARDS & GIFTS 23606 BAD DEBT EXPENSE 18798 DUES & SUBSCRIPTIONS 15055 WRITE-OFF 9655 5444 3227976 295718 0 0 0 92781 0 0 0 0 0 223523 0 0 0 445018 0 2538572 0 0 0 0 206420 0 3802032 0 374469 0 684135 0 11799 0 565767 0 1636170 0 X 2165862 0 2165862 0 3802032 0 X -547585 134432 28725 -1781434 X 0 0 0 0 1 0 1 11799 11799 0 1 X 0 PART IV, LINE 1B: THE ORGANIZATION HAS AN AGREEMENT WITH GAMA ASPRO THROUGH DECEMBER 31, 2020 TO PROCESS PAYMENTS ON THEIR BEHALF, AND RETAIN THE FUNDS IN A HOLDING ACCOUNT. THE ORGANIZATION ALSO HAS AN AGREEMENT FOR A 50% REVENUE SHARE WITH GAMA ASPRO FOR CERTAIN PARTNERS IN MANAGEMENT GROWTH. THE TRANSACTIONS ARE RECORDED AS AGENCY TRANSACTIONS AND EXCLUDED FROM THE ORGANIZATION'S REVENUE AND EXPENSE. THE BALANCE OF THE HOLDING ACCOUNT IS PAID OUT AT $8,000 PER MONTH. PART IV, LINE 2B: SEE EXPLANATION FOR PART IV, LINE 1B ABOVE. X X X 0 0 0 BONNIE GODSMAN CHIEF EXECUTIVE OFFICER 453213 0 113750 0 0 0 12871 0 13660 0 593494 0 0 0 CASH 2020-08-30 225614 BOOK VALUE 852061667 FINSECA 1220 L STREET NW NO 100 WASHINGTON DC 20005 501(C)(6) ACCOUNTS RECEIVABLE 2020-08-30 1051239 BOOK VALUE 852061667 FINSECA 1220 L STREET NW NO 100 WASHINGTON DC 20005 501(C)(6) PREPAID EXPENSES 2020-08-30 131623 BOOK VALUE 852061667 FINSECA 1220 L STREET NW NO 100 WASHINGTON DC 20005 501(C)(6) LEASEHOLD IMPROVEMENTS 2020-08-30 21870 BOOK VALUE 852061667 FINSECA 1220 L STREET NW NO 100 WASHINGTON DC 20005 501(C)(6) EQUIPMENT 2020-08-30 41824 BOOK VALUE 852061667 FINSECA 1220 L STREET NW NO 100 WASHINGTON DC 20005 501(C)(6) FURNITURE AND FIXTURES 2020-08-30 6190 BOOK VALUE 852061667 FINSECA 1220 L STREET NW NO 100 WASHINGTON DC 20005 501(C)(6) TENANT ALLOWANCE 2020-08-30 346733 BOOK VALUE 852061667 FINSECA 1220 L STREET NW NO 100 WASHINGTON DC 20005 501(C)(6) INVESTMENTS 2020-08-30 2456582 BOOK VALUE 852061667 FINSECA 1220 L STREET NW NO 100 WASHINGTON DC 20005 501(C)(6) DUE FROM OTHER ENTITIES 2020-08-30 346139 BOOK VALUE 852061667 FINSECA 1220 L STREET NW NO 100 WASHINGTON DC 20005 501(C)(6) DEPOSITS 2020-08-30 17646 BOOK VALUE 852061667 FINSECA 1220 L STREET NW NO 100 WASHINGTON DC 20005 501(C)(6) ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2020-08-30 -605252 BOOK VALUE 852061667 FINSECA 1220 L STREET NW NO 100 WASHINGTON DC 20005 501(C)(6) DEFERRED REVENUE 2020-08-30 -1721296 BOOK VALUE 852061667 FINSECA 1220 L STREET NW NO 100 WASHINGTON DC 20005 501(C)(6) DEFERRED RENT 2020-08-30 -188821 BOOK VALUE 852061667 FINSECA 1220 L STREET NW NO 100 WASHINGTON DC 20005 501(C)(6) LEASE INCENTIVE 2020-08-30 -346733 BOOK VALUE 852061667 FINSECA 1220 L STREET NW NO 100 WASHINGTON DC 20005 501(C)(6) LEASE OBLIGATION 2020-08-30 -1924 BOOK VALUE 852061667 FINSECA 1220 L STREET NW NO 100 WASHINGTON DC 20005 501(C)(6) 1 1 0 0 1 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE CONSISTS OF THE BOARD'S ELECTED OFFICERS: PRESIDENT, PRESIDENT-ELECT, VICE PRESIDENT, IMMEDIATE PAST PRESIDENT, SECRETARY, TREASURER, CHAIR-ELECT OF GAMA FOUNDATION AND CHIEF EXECUTIVE OFFICER. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY OF THE FULL BOARD BETWEEN MEETINGS. FINANCE COMMITTEE CONSISTS OF MEMBERS OF THE GOVERNING BODY AND IS RESPONSIBLE FOR REVIEWING MANAGEMENT'S PROPOSED OPERATING BUDGET FOR THE UPCOMING FISCAL YEAR AS WELL AS THE REVIEW OF FISCAL POLICIES AND PROCEDURES. THE FINANCE COMMITTEE IS ALSO RESPONSIBLE FOR REVIEWING THE EXTERNAL AUDIT WITH MANAGEMENT, REVIEWING AND APPROVING THE RESULTS OF THE AUDIT AND RELATED REPORTS. THE COMMITTEE REPORTS AND MAKES RECOMMENDATIONS TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 6 AFFILIATE, FULL MEMBERSHIP, EMERITUS. FORM 990, PART VI, SECTION A, LINE 7A FULL MEMBERS HAVE ONE VOTE AND ALL BOARD OF DIRECTORS ARE ELECTED AT LAMP, THE ANNUAL CONFERENCE OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WILL BE PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY MANAGEMENT AND FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH BOARD MEMBER IS REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT. PRIOR TO EACH BOARD MEETING, AN ANNOUNCEMENT IS MADE REGARDING CONFLICTS OF INTEREST. IF AN ACTUAL CONFLICT OF INTEREST SITUATION COMES UP, THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS WOULD TAKE ANY REQUIRED ACTION. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S PERFORMANCE IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS, TREASURER, PRESIDENT AND PAST-PRESIDENT, AND ANY ADJUSTMENTS TO COMPENSATION IS DONE AFTER THE REVIEW. THE ENTIRE EXECUTIVE COMMITTEE IS ALSO ASKED TO COMPLETE A WRITTEN REVIEW OF THE CEO ANNUALLY. COMPENSATION SURVEYS ARE REVIEWED FOR COMPARABILITY OF DATA. THE CEO DETERMINES COMPENSATION OF OTHER OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G SERVICE FEES 868,521. MARKETING & DESIGN 180,800. CONFERENCE SERVICES 103,577. IT CONSULTING 47,610. OTHER CONSULTING FEES 26,853. TRAINING 16,525. FORM 990, PART XI, LINE 9: TRANSFER OF ASSETS IN MERGER -1,781,434.