FURP.ORG / PUBLIC DATA EXPLORER

INDEPENDENT AGENTS ASSOCIATION EXECUTIVES: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
INDEPENDENT AGENTS ASSOCIATION EXECUTIVES (EIN 58-2004363)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-05-22
IRS object ID
202011439349301501
Schema version
2019v5.1
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

FieldValueIRS element (for citing)
Return2020-05-22T12:00:34-05:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN411489071PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SMITH SCHAFER & ASSOCIATES LTDBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17500 HIGHWAY 55 SUITE 350AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55427ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN582004363EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1INDEPENDENT AGENTS ASSOCIATIONBusinessNameLine1Txt
Business Name Line2EXECUTIVES INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlINDEBusinessNameControlTxt
Phone9529284665PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14248 PARK GLEN RDAddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55416ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLISA LOUNSBURYPersonNm
Person TitleTREASURERPersonTitleTxt
Phone9529284665PhoneNum
Signature2020-05-19SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNANCY WALDACKPreparerPersonNm
PTINP00793722PTIN
Phone9529201455PhoneNum
Preparation2020-05-19PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address23.100.237.20IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-05-19IPDt
IP Tm15:26:49IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id4D4EFDF4EDDF25E0866EC8FF4481A75A89911ED0AtSubmissionCreationDeviceId
At Submission Filing Device Id0CD88BA3DA667B2B2A2C07563449B9225359230EAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLISA LOUNSBURYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line14248 PARK GLEN RDAddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55416ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$205,662GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1992FormationYr
Legal Domicile StateMNLegalDomicileStateCd
Activity Or MissionTO ENHANCE THE ABILITY OF ITS MEMBERS TO PROFESSIONALLY MANAGE THE AFFAIRS OF THE ASSOCIATIONS THEY REPRESENT.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$112,177PYContributionsGrantsAmt
CY Contributions Grants$134,500CYContributionsGrantsAmt
PY Program Service Revenue$34,890PYProgramServiceRevenueAmt
CY Program Service Revenue$57,001CYProgramServiceRevenueAmt
PY Investment Income$153PYInvestmentIncomeAmt
CY Investment Income$225CYInvestmentIncomeAmt
PY Other Revenue$15,507PYOtherRevenueAmt
CY Other Revenue$13,936CYOtherRevenueAmt
PY Total Revenue$162,727PYTotalRevenueAmt
CY Total Revenue$205,662CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$109,835PYOtherExpensesAmt
CY Other Expenses$183,593CYOtherExpensesAmt
PY Total Expenses$109,835PYTotalExpensesAmt
CY Total Expenses$183,593CYTotalExpensesAmt
PY Revenues Less Expenses$52,892PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$22,069CYRevenuesLessExpensesAmt
Total Assets BOY$291,335TotalAssetsBOYAmt
Total Assets EOY$312,585TotalAssetsEOYAmt
Total Liabilities BOY$1,852TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,033TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$289,483NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$311,552NetAssetsOrFundBalancesEOYAmt
MissionTO ENHANCE THE ABILITY OF ITS MEMBERS TO PROFESSIONALLY MANAGE THE AFFAIRS OF THE ASSOCIATIONS THEY REPRESENT.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$132,717ExpenseAmt
Revenue$33,852RevenueAmt
DescCONVENTION: ANNUAL MEETING PROVIDING SPECIALIZED EDUCATION MEMBERS, COMMUNICATION TO AND WITH AGENTS' NATIONAL ORG. AND EXCHANGE OF IDEAS AMONG MEMBERS.Desc
Total Program Service Expenses$132,717TotalProgramServiceExpensesAmt
Described In Section501c30DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HARRINGTON COMPANYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9529284665PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14248 PARK GLEN ROADAddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55416ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
FRANK SHEPPARD
PRESIDENT2.00Yes (X)$0$0$0
DENISE JOHNSON
PRESIDENT ELECT1.00Yes (X)$0$0$0
CLINTON GRAHAM
SECRETARY1.00Yes (X)$0$0$0
LISA LOUNSBURY
TREASURER1.00Yes (X)$0$0$0
AUBIE KNIGHT
PAST PRESIDENT1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$134,500AllOtherContributionsAmt
Total Contributions$134,500TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PROGRAM SERVICE REVENU900099$39,051$39,051
MEMBERSHIP DUES900099$17,950$17,950
FieldValueIRS element (for citing)
Total Program Service Revenue$57,001TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$225TotalRevenueColumnAmt
Exclusion$225ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescROYALTIESDesc
Business900099BusinessCd
Total Revenue Column$13,936TotalRevenueColumnAmt
Related Or Exempt Func Income$13,936RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$13,936OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$205,662TotalRevenueColumnAmt
Related Or Exempt Func Income$70,937RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$225ExclusionAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$35,810TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$15TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$680TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$202TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,915TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$135,346TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,401TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
GROUP GTM/GTW$5,885
CREDIT CARD CHARGES$2,027
SURVEY PORTAL$223
TELEPHONE$81

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$8TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$183,593TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$290,178BOYAmt
EOY$296,325EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,157BOYAmt
EOY$16,260EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$291,335BOYAmt
EOY$312,585EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,852BOYAmt
EOY$1,033EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,852BOYAmt
EOY$1,033EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$289,483BOYAmt
EOY$311,552EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$289,483BOYAmt
EOY$311,552EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$291,335BOYAmt
EOY$312,585EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$22,069ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House LobbyingYes (1)OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3INDEPENDENT AGENTS ASSOCIATION EXECUTIVES, INC. HAS DELEGATED DAY TO DAY MANAGEMENT OF THE ORGANIZATION'S AFFAIRS TO THE HARRINGTON COMPANY, A PROFESSIONAL BUSINESS AND TRADE ASSOCIATION MANAGEMENT COMPANY.
FORM 990, PART VI, SECTION A, LINE 6THE ORGANIZATION IS A MEMBERSHIP ASSOCIATION.
FORM 990, PART VI, SECTION A, LINE 7ATHE ELECTION OF THE OFFICERS OF THIS ASSOCIATION SHALL TAKE PLACE AT THE ANNUAL MEETING. AT LEAST (120) DAYS BEFORE THE ANNUAL MEETING THE PRESIDENT SHALL APPOINT A NOMINATING COMMITTEE TO CONSIST OF THE THREE MOST RECENTLY SERVING PRESIDENTS OF THE ASSOCIATION. THE CHAIRMAN OF THE NOMINATING COMMITTEE WILL BE THE THEN-SERVING IMMEDIATE PAST PRESIDENT. SHOULD ANY OF THE TREE MOST RECENTLY SERVING PRESIDENTS OF THE ASSOCIATION NOT BE IN A POSITION TO SERVE, THE VACANCY WILL BE FILLED BY AN APPOINTMENT BY THE PRESIDENT. A REPORT OF THE NOMINATING COMMITTEE WILL BE PRESENTED AT THE ANNUAL MEETNG. NOMINATIONS IN ADDITION TO THOSE MADE IN ACCORDANCE WITH THIS ARTICLE MAY BE MADE AT THE ANNUAL MEETING. THE OFFICERS OF THIS ASSOCIATION SHALL BE ELECTED AT EACH ANNUAL MEETING BY MAJORITY VOTE OF THOSE MEMBERS PRESENT AND VOTING, AND SHALL SERVE UNTIL THE NEXT ANNUAL MEETING.
FORM 990, PART VI, SECTION B, LINE 11BTHE BOARD REVIEWS THE FORM 990 PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CANY POSSIBLE CONFLICT OF INTEREST WILL BE DISCLOSED AND MADE A MATTER OF RECORD WHEN THE INTEREST BECOMES SUBJECT TO AND REQUIRES SOME ACTION.
FORM 990, PART VI, SECTION B, LINE 15BTHE BOARD OF DIRECTORS ANNUALLY REVIEWS THE MANAGEMENT CONTRACT. INDUSTRY GUIDES ARE UTILILZED IN THE DISCUSSION.
FORM 990, PART VI, SECTION C, LINE 19ALL DOCUMENTS ARE AVAILABLE AT THE ASSOCIATION'S OFFICES UPON REQUEST.