2020-11-11T06:45:22-06:00 2019-12-31 410746749 CLIFTONLARSONALLEN LLP 901 N GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2019-01-01 061328907 INSURED RETIREMENT INSTITUTE INC INSU 2024693000 1100 VERMONT AVENUE NW 10TH FL WASHINGTON DC 20005 WAYNE CHOPUS PRESIDENT & CHIEF EXECUTIVE OFFICER 2024693000 2020-11-10 1 LISA STOVER P01884701 5712279500 2020-11-10 108.48.156.67 2020-11-10 09:21:30 ES P 22B6DA6E04110CB685C107BE4314F90C78D51411 87826B80F82B7742AC94E6ED7EC5993094E974B0 2019 2021-04-22 16:20:28Z WAYNE CHOPUS 1100 VERMONT AVENUE NW 10TH FL WASHINGTON DC 20005 6123809 0 X WWW.IRIONLINE.ORG X 1991 CT TO PROMOTE UNDERSTANDING OF AND ADVOCATE ON ISSUES AFFECTING INSURED RETIREMENT STRATEGIES. 30 29 21 38 0 0 0 0 6409212 6084803 7260 3328 0 35678 6416472 6123809 0 0 0 0 3339928 3461705 0 0 0 3063430 3122657 6403358 6584362 13114 -460553 5399693 5282706 4158699 4502265 1240994 780441 THE MISSION OF THE INSURED RETIREMENT INSTITUTE IS TO: CHAMPION RETIREMENT SECURITY FOR ALL AMERICANS THROUGH LEADERSHIP IN ADVOCACY, AWARENESS, RESEARCH, AND ADVANCEMENT OF TECHNOLOGY SOLUTIONS WITHIN A COLLABORATIVE INDUSTRY COMMUNITY. 0 0 CONFERENCES:CONFERENCES BRING TOGETHER MEMBERS AND OTHERS INTERESTED IN ANNUITY AND VARIABLE LIFE PRODUCTS TO EDUCATE THEM ON CURRENT ISSUES, PRODUCT FEATURES AND BENEFITS. MEMBER SERVICES:MEMBERSHIP SERVICES PROVIDES EDUCATION AND INFORMATION TO ASSOCIATION MEMBERS. PUBLICATIONS: THE ASSOCIATION PUBLISHES AND MAKES AVAILABLE TO MEMBERS A NUMBER OF BROCHURES AND BOOKLETS FOR USE IN INFORMING AND EDUCATING CONSUMERS ABOUT ANNUITY AND VARIABLE LIFE PRODUCTS. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 23 0 21 1 0 0 0 0 0 0 0 0 0 0 X 30 29 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X WAYNE CHOPUS 2024693000 1100 VERMONT AVENUE NW 10TH FL WASHINGTON DC 20005 WAYNE CHOPUS PRESIDENT & CEO 40.00 X X 904708 0 20668 JASON BERKOWITZ VP & CHIEF LEGAL COUNSEL 40.00 X 297226 0 25778 PAUL J RICHMAN VP, REGULATORY AFFAIRS & COMPLIANCE 40.00 X 268429 0 19125 JAMES B QUINN VP, TECHNOLOGY 40.00 X 212833 0 5545 FRANCIS O'CONNOR VP, RESEARCH & OUTREACH 40.00 X 173382 0 15869 JANE A FORSYTHE VP, CONFERENCES 40.00 X 181904 0 6925 CATHERINE WEATHERFORD FORMER CEO 0.00 X 287128 0 0 DANIEL ZIELINSKI VP, PUBLIC RELATIONS 40.00 X 185347 0 22234 CHRIS ADAM DIRECTOR 2.00 X 0 0 0 DREW BOWDEN EXECUTIVE OFFICER 2.00 X X 0 0 0 JOSEPH CELENTANO DIRECTOR 2.00 X 0 0 0 PETER CIESZKO EXECUTIVE OFFICER 2.00 X X 0 0 0 MICHAEL FERRARO EXECUTIVE OFFICER 2.00 X X 0 0 0 TERRI FIEDLER DIRECTOR 2.00 X 0 0 0 JOE FOURNIER DIRECTOR 2.00 X 0 0 0 MARCI GREEN DIRECTOR 2.00 X 0 0 0 ERIC HENDERSON DIRECTOR 2.00 X 0 0 0 PEGGY HO DIRECTOR 2.00 X 0 0 0 DYLAN HUANG DIRECTOR 2.00 X 0 0 0 BEN HUNEKE CHAIRMAN 2.00 X X 0 0 0 ROB JAMEISON DIRECTOR 2.00 X 0 0 0 JOHN KENNEDY DIRECTOR 2.00 X 0 0 0 KEVIN KENNEDY VICE CHAIRMAN 2.00 X X 0 0 0 MELISSA KIVETT DIRECTOR 2.00 X 0 0 0 MYLES LAMBERT DIRECTOR 2.00 X 0 0 0 BILL LOWE DIRECTOR 2.00 X 0 0 0 JIM MULLERY DIRECTOR 2.00 X 0 0 0 JOSEPH NEARY DIRECTOR 2.00 X 0 0 0 PAULA NELSON TREASURER / SECRETARY 2.00 X 0 0 0 LAURA PANTALEO DIRECTOR 2.00 X 0 0 0 PHIL PELLEGRINO DIRECTOR 2.00 X 0 0 0 SRI REDDY DIRECTOR 2.00 X 0 0 0 GEORGE RIEDEL DIRECTOR 2.00 X 0 0 0 STEVEN RUESCHHOFF DIRECTOR 2.00 X 0 0 0 SCOTT STOLZ EXECUTIVE OFFICER 2.00 X X 0 0 0 TIM WALSH DIRECTOR 2.00 X 0 0 0 COREY WALTHER DIRECTOR 2.00 X 0 0 0 TINA WILSON DIRECTOR 2.00 X 0 0 0 2510957 0 116144 8 1 1 0 MINDSHIFT PO BOX 200105 PITTSBURGH PA 15251 IT SERVICES 320488 CLIFTONLARSONALLEN LLP PO BOX 829664 PHILADELPHIA PA 19182 ACCOUNTING SERVICES 174208 LSAV POWERHOUSE 3912 WEST MCLEAN AVENUE CHICAGO IL 60647 AUDIO VISUAL SERVICES 148389 3 MEMBERSHIP DUES 611710 3456600 3456600 CONFERENCES 611710 1233748 1233748 PREMIER ALLIANCE PROGR 611710 930000 930000 INDUSTRY WIDE TRAINING 611710 452730 452730 PUBLICATIONS 611710 11725 11725 6084803 3328 3328 ONLINE REVENUE 900099 7500 7500 HOTEL REBATES 900099 3980 3980 24198 24198 35678 6123809 6120481 0 3328 1248380 1872683 62444 99674 178524 13618 236106 179158 397059 35364 218064 267762 322346 163158 1073253 162253 34975 PROPERTY TAX/LICENCES 10905 PROFESSIONAL DEVELOPMEN 8636 6584362 2510051 2521670 1257641 1003354 126230 110098 144765 160114 1311188 833707 523760 477481 837246 1009989 5399693 5282706 423304 244655 2317315 2770745 1418080 1486865 4158699 4502265 X 1240994 780441 1240994 780441 5399693 5282706 -460553 0 X 0 1 X 1 0 INSURED RETIREMENT INSTITUTE POLITICAL ACTION COMMITTEE 1100 VERMONT AVENUE NW 10TH FLOOR WASHINGTON DC 20005 273719919 138963 0 0 1 3379100 428002 -414517 13485 506865 -493380 459220 209746 249474 726750 584852 141898 125218 39109 86109 477481 DEFERRED COMPENSATION 985796 DEPOSIT 24193 1009989 DEFERRED COMPENSATION 985796 DEFERRED RENT 403342 CAPITAL LEASE 97727 1486865 X PART X, LINE 2: THE INSTITUTE EVALUATES UNCERTAINTY IN INCOME TAX POSITIONS BASED ON A MORE-LIKELY-THAN-NOT RECOGNITION STANDARD. IF THAT THRESHOLD IS MET, THE TAX POSITION IS THEN MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. AS OF DECEMBER 31, 2019, THERE ARE NO ACCRUALS FOR UNCERTAIN TAX POSITIONS. IF APPLICABLE, THE INSTITUTE RECORDS INTEREST AND PENALTIES AS A COMPONENT OF INCOME TAX EXPENSE. TAX YEARS FROM 2015 THROUGH THE CURRENT YEAR REMAIN OPEN FOR EXAMINATION BY TAX AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: INCOME FROM PAC COMMITTEE PART XII, LINE 2D - OTHER ADJUSTMENTS: PAC CONTRIBUTIONS X X X 0 0 0 WAYNE CHOPUS PRESIDENT & CEO 604708 0 300000 0 0 0 9128 0 11540 0 925376 0 0 0 JASON BERKOWITZ VP & CHIEF LEGAL COUNSEL 262226 0 35000 0 0 0 13682 0 12096 0 323004 0 0 0 PAUL J RICHMAN VP, REGULATORY AFFAIRS & COMPLIANCE 241429 0 27000 0 0 0 11526 0 7599 0 287554 0 0 0 JAMES B QUINN VP, TECHNOLOGY 190833 0 22000 0 0 0 5545 0 0 0 218378 0 0 0 FRANCIS O'CONNOR VP, RESEARCH & OUTREACH 158382 0 15000 0 0 0 8298 0 7571 0 189251 0 0 0 JANE A FORSYTHE VP, CONFERENCES 162904 0 19000 0 0 0 4946 0 1979 0 188829 0 0 0 CATHERINE WEATHERFORD FORMER CEO 0 0 275000 0 12128 0 0 0 0 0 287128 0 0 0 DANIEL ZIELINSKI VP, PUBLIC RELATIONS 168347 0 17000 0 0 0 8621 0 13613 0 207581 0 0 0 FORM 990, PART VI, SECTION A, LINE 1 THERE SHALL BE AN EXECUTIVE COMMITTEE COMPOSED OF THE CHAIRMAN, IMMEDIATE PAST CHAIRMAN, PRESIDENT, VICE CHAIRMAN, TREASURER, SECRETARY AND SUCH OTHER DIRECTORS AS SHALL BE DETERMINED BY THE CHAIRMAN AND/OR THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE SHALL CONDUCT THE AFFAIRS OF THE ASSOCIATION IN ACCORDANCE WITH ITS CERTIFICATE OF INCORPORATION AND BY-LAWS AND THE POLICIES AND INSTRUCTIONS OF THE BOARD OF DIRECTORS. IT SHALL BE RESPONSIBLE FOR THE MANAGEMENT OF THE ASSOCIATION BETWEEN MEETINGS OF THE BOARD OF DIRECTORS. THE COMMITTEE SHALL BE RESPONSIBLE FOR DEVELOPING AN ANNUAL BUDGET FOR FINANCING OF THE ASSOCIATION FOR THE COMING CALENDAR YEAR AND RECOMMENDING SAID BUDGET TO THE BOARD OF DIRECTORS. THE COMMITTEE SHALL MEET UPON THE CALL OF ANY OF ITS MEMBERS, STATING THE TIME AND PLACE OF THE MEETING. FORM 990, PART VI, SECTION A, LINE 6 INSURED RETIREMENT INSTITUTE, INC. (IRI) HAS ONLY ONE CLASS OF MEMBERS. ANY PERSON OR ENTITY THAT HAS AN INTEREST IN INSURED RETIREMENT STRATEGIES MAY BE ELIGIBLE TO BECOME A MEMBER OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER SHALL BE ENTITLED TO ONE VOTE FOR THE ELECTION OF DIRECTORS OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B CLIFTONLARSONALLEN WILL PROVIDE THE COMPLETED 990 TO IRI. THE VP OF OPERATIONS WILL REVIEW THE 990 AND MAKE SURE IT BALANCES BACK TO THE FINANCIAL STATEMENTS. THEN THE PRESIDENT/CHIEF EXECUTIVE OFFICER WILL REVIEW AND SIGN THE 990. A COPY OF THE 990 WILL BE PRESENTED TO THE BOARD OF DIRECTORS. IF THERE IS SUFFICIENT TIME BEFORE THE FILING DUE DATE, THE BOARD WILL REVIEW, DISCUSS, AND APPROVE THE 990 BEFORE IT IS MAILED TO THE IRS. OTHERWISE, THE BOARD WILL REVIEW, DISCUSS AND APPROVE OR RECOMMEND AN AMENDMENT OF THE 990 AFTER IT HAS BEEN MAILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S SENIOR VICE PRESIDENT AND GENERAL COUNSEL REQUESTS THAT EACH BOARD MEMBER REVALIDATE THEIR STATEMENT ABOUT POTENTIAL CONFLICTS. THE VICE PRESIDENT AND LEGAL COUNSEL VERIFIES THAT THERE ARE NO CONFLICTS. IF ANY POTENTIAL CONFLICTS ARISE, THE CHAIRMAN OF THE BOARD DICTATES THE RESOLUTION TO THE POTENTIAL CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE REVIEWS THE PRESIDENT/CHIEF EXECUTIVE OFFICER (CEO)'S PERFORMANCE ANNUALLY AND DETERMINES THE OFFICER'S SALARY INCREASE OR BONUS. THE PRESIDENT/CEO DETERMINES COMPENSATION ADJUSTMENTS FOR ALL OTHER STAFF. A CONSULTANT WAS ENGAGED TO WRITE JOB DESCRIPTIONS WITH COMPENSATION LEVELS FOR ALL POSITIONS. THIS WAS LAST COMPLETED IN JANUARY 2009, AND SALARIES HAVE BEEN MODESTLY INCREASED FOR INFLATION AND MERIT SINCE THEN. IRI POSTPONED THE SCHEDULED 2019 COMPENSATION REVIEW BASED ON THE LOSS OF HR MANAGER IN 2019. IRI SUBSEQUENTLY BEGAN UPDATING JOB DESCRIPTIONS IN 2020 AND WILL COMPLETE A COMPENSATION REVIEW IN 2021. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. INSURED RETIREMENT INSTITUTE POLITICAL ACTION COMMITTEE 1100 VERMONT AVENUE NW 10TH FL WASHINGTON DC 20005 273719919 POLITICAL ACTION COMMITTEE DC 527 INSURED RETIREMENT INSTITUTE INC 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0