2018-10-22T07:05:30-05:00 2017-12-31 410746749 CLIFTONLARSONALLEN LLP 901 N GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2017-01-01 061328907 INSURED RETIREMENT INSTITUTE INC INSU 2024693000 1100 VERMONT AVENUE NW 10TH FL WASHINGTON DC 20005 CATHERINE J WEATHERFORD PRESIDENT & CHIEF EXECUTIVE OFFICER 2024693000 2018-10-19 1 IVY BECKHAM P01316131 5712279500 67.137.57.251 2018-10-19 12:33:24 ED P 3F26782FE4A8D097B8E6D44DA42E2066FBD559CC 88FC096EEAA4AA34D2309BD4BFC487DBE06F0B48 2017 2018-06-14 16:35:46Z CATHERINE J WEATHERFORD 1100 VERMONT AVENUE NW 10TH FL WASHINGTON DC 20005 6808853 0 X WWW.IRIONLINE.ORG X 1991 CT TO PROMOTE UNDERSTANDING OF AND ADVOCATE ON ISSUES AFFECTING INSURED RETIREMENT STRATEGIES. 41 40 31 51 55500 0 0 0 6931551 6805527 7877 3326 228215 0 7167643 6808853 0 0 0 0 3754139 3603622 0 0 0 3503557 3301698 7257696 6905320 -90053 -96467 5616006 6200807 4291659 4972927 1324347 1227880 X THE MISSION OF THE INSURED RETIREMENT INSTITUTE IS TO: 1. ENCOURAGE INDUSTRY ADHERENCE TO THE HIGHEST ETHICAL PRINCIPLES.2. PROMOTE BETTER UNDERSTANDING OF THE INSURED RETIREMENT VALUE (CONTINUED ON SCHEDULE O)PROPOSITION.3. DEVELOP AND PROMOTE BEST PRACTICE STANDARDS TO IMPROVE VALUE DELIVERY. 4. ADVOCATE BEFORE PUBLIC POLICY MAKERS ON CRITICAL ISSUES AFFECTING INSURED RETIREMENT STRATEGIES. 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. RESEARCH: IRI PRODUCED SEVERAL RESEARCH PIECES AND FINRA-REVIEWED, CLIENT APPROVED RESOURCES IN 2017. IRI ALSO LAUNCHED A NEW INITIATIVE TO PARTNER WITH PLATINUM AND GOLD LEVEL PREMIER ALLIANCE PARTNERS TO PRODUCE ORIGINAL RESEARCH IN SUPPORT OF IRI'S MISSION TO RAISE AWARENESS OF THE IMPORTANCE OF RETIREMENT PLANNING, GUARANTEED LIFETIME INCOME, AND THE VALUE OF FINANCIAL ADVICE, AND MOVE ADVISORS AND CONSUMERS TO ACTION. ADVOCACY: IRI ADVOCATED FOR COMMON SENSE, BIPARTISAN POLICIES TO HELP AMERICANS ACHIEVE THEIR RETIREMENT GOALS, AS OUTLINED IN ITS RETIREMENT SECURITY BLUEPRINT. THESE POLICIES INCLUDED THE FOLLOWING: EXPANDING ACCESS TO WORKPLACE RETIREMENT PLANS; PRESERVING THE CURRENT TAX TREATMENT FOR RETIREMENT SAVINGS; EXPANDING AUTOMATIC SAVINGS FEATURES FOR RETIREMENT SAVINGS; INCREASING ACCESS TO RETIREMENT LIFETIME INCOME THAT CANNOT BE OUTLIVED; PROTECTING ACCESS TO PROFESSIONAL FINANCIAL ADVICE TO ASSIST AMERICANS IN SAVING MORE AND PREPARING FOR RETIREMENT; AND IMPROVING ACCESS TO EDUCATION AND INFORMATION ALLOWING AMERICAN SAVERS TO MAKE EFFECTIVE AND INFORMED DECISIONS REGARDING THEIR FINANCES. 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 1 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 20 0 31 1 1 1 0 0 0 0 0 X 41 40 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X CATHERINE J WEATHERFORD 2024693000 1100 VERMONT AVENUE NW 10TH FL WASHINGTON DC 20005 ROBERT DECHELLIS CHAIR 2.00 X X 0 0 0 BILL MORRISSEY VICE CHAIR 2.00 X X 0 0 0 BENJAMIN HUNEKE TREASURER/SECRETARY 2.00 X X 0 0 0 ROBERT MOORE IMMEDIATE PAST CHAIR 2.00 X X 0 0 0 BOB VORLOP DIRECTOR 2.00 X 0 0 0 CAROLINE O'CONNELL DIRECTOR 2.00 X 0 0 0 CAROLYN JOHNSON DIRECTOR 2.00 X 0 0 0 DAVE PAULSEN DIRECTOR 2.00 X 0 0 0 DYLAN HUANG DIRECTOR 2.00 X 0 0 0 GEORGE RIEDEL DIRECTOR 2.00 X 0 0 0 GREG CICOTTE DIRECTOR 2.00 X 0 0 0 JERRY PATTERSON DIRECTOR 2.00 X 0 0 0 JOHN KENNEDY DIRECTOR 2.00 X 0 0 0 JOSEPH FOURNIER DIRECTOR 2.00 X 0 0 0 MARC VOSEN DIRECTOR 2.00 X 0 0 0 PAULA NELSON DIRECTOR 2.00 X 0 0 0 PETER CIESZKO DIRECTOR 2.00 X 0 0 0 TERRI FIELDER DIRECTOR 2.00 X 0 0 0 TODD SOLASH DIRECTOR 2.00 X 0 0 0 WAYNE CHOPUS DIRECTOR 2.00 X 0 0 0 WILLIAM LOWE DIRECTOR 2.00 X 0 0 0 CHRIS ADAM DIRECTOR 2.00 X 0 0 0 DAN GUILBERT DIRECTOR 2.00 X 0 0 0 ERIN DONNELLY DIRECTOR 2.00 X 0 0 0 JOE DESILVA DIRECTOR 2.00 X 0 0 0 KEVIN KENNEDY DIRECTOR 2.00 X 0 0 0 KIRSTIN HILL DIRECTOR 2.00 X 0 0 0 MICHAEL FERRARO DIRECTOR 2.00 X 0 0 0 MICHAEL P MCCARTHY DIRECTOR 2.00 X 0 0 0 MYLES LAMBERT DIRECTOR 2.00 X 0 0 0 PHILIP PELLEGRINO DIRECTOR 2.00 X 0 0 0 ROBERT L JAMEISON DIRECTOR 2.00 X 0 0 0 SCOTT STOLZ DIRECTOR 2.00 X 0 0 0 STEPHEN LANGLOIS DIRECTOR 2.00 X 0 0 0 TINA AMBROZY DIRECTOR 2.00 X 0 0 0 WILLIAM BENJAMIN DIRECTOR 2.00 X 0 0 0 JEFF MILLER DIRECTOR 2.00 X 0 0 0 JIM KWOK DIRECTOR 2.00 X 0 0 0 KIERAN MULLINS DIRECTOR 2.00 X 0 0 0 SCOTT COUTO DIRECTOR 2.00 X 0 0 0 CATHERINE J WEATHERFORD PRESIDENT & CHIEF EXECUTIVE OFFICER 40.00 X X 800000 0 31400 J LEE COVINGTON SENIOR VP & GENERAL COUNSEL 40.00 X 382632 0 31000 AMY MIGNOGNA CHIEF OPERATING OFFICER 40.00 X 163240 0 17800 JASON BERKOWITZ VP & COUNSEL, REGULATORY AFFAIRS 40.00 X 219360 0 26200 BARBARA HUME VP, MEMBERSHIP 40.00 X 158363 0 20300 FRANCIS O'CONNOR VP, RESEARCH & OUTREACH 40.00 X 159851 0 22200 PAUL RICHMAN VP, REGULATORY AFFAIRS & COMPLIANCE 40.00 X 183801 0 20900 CHERETTA CLERKLEY VP, EXTERNAL ENGAGEMENT & COMMUNICATIONS 40.00 X 149050 0 16800 CHELSEA CRUCITTI VP, STATE AFFAIRS 40.00 X 125950 0 17200 2342247 0 203800 9 0 1 0 LEADING AUTHORITIES INC 1990 M STREET NW WASHINGTON DC 20036 SPEAKER SERVICES 451000 SUSTENA GROUP LLC 230 W 79TH STREET NEW YORK NY 10024 RE-BRANDING 127849 GIBSON DUNN & CRUTCHER PO BOX 840723 LOS ANGELES CA 90084 LEGAL SERVICES 123013 MINDSHIFT PO BOX 200105 PITTSBURGH PA 15251 IT SERVICES 112556 4 MEMBERSHIP DUES 611710 3697691 3697691 CONFERENCES 611710 1620363 1564863 55500 PREMIER ALLIANCE PROGR 611710 1042500 1042500 INDUSTRY WIDE TRAINING 611710 406941 406941 PUBLICATIONS 611710 38032 38032 6805527 3326 3326 6808853 6750027 55500 3326 1671632 1665971 42119 46959 176941 81502 123353 322736 534905 116120 308591 312953 119584 1110837 140576 37969 PROFESSIONAL DEVELOPMEN 52954 MEMBERSHIP EXPENSE 36400 PROPERTY TAX/LICENCES 3218 6905320 1929823 3232251 2105273 827670 417020 487979 151375 221762 1171315 626849 277423 544466 735092 886679 5616006 6200807 190188 419193 3106680 3099420 994791 1454314 4291659 4972927 X 1324347 1227880 1324347 1227880 5616006 6200807 -96467 0 X 0 1 X 1 0 INSURED RETIREMENT INSTITUTE POLITICAL ACTION COMMITTEE 1100 VERMONT AVENUE NW 10TH FLOOR WASHINGTON DC 20005 273719919 0 110733 0 0 1 3643691 394732 -24669 370063 546554 -176491 465565 119539 346026 426387 305493 120894 279363 201817 77546 544466 DEFERRED COMPENSATION 886679 886679 DEFERRED COMPENSATION 886679 DEFERRED RENT 495541 CAPITAL LEASE 72094 1454314 X PART X, LINE 2: INSURED RETIREMENT INSTITUTE, INC. HAS ADOPTED THE INCOME TAX STANDARD FOR UNCERTAIN INCOME TAX POSITIONS. INSURED RETIREMENT INSTITUTE, INC. HAS EVALUATED ITS TAX POSITIONS AND DETERMINED THAT THEY ARE MORE-LIKELY-THAN-NOT TO BE SUSTAINED ON EXAMINATION. X X X 0 0 0 CATHERINE J WEATHERFORD PRESIDENT & CHIEF EXECUTIVE OFFICER 550000 0 250000 0 0 0 8400 0 23000 0 831400 0 0 0 J LEE COVINGTON SENIOR VP & GENERAL COUNSEL 342632 0 40000 0 0 0 11200 0 19800 0 413632 0 0 0 AMY MIGNOGNA CHIEF OPERATING OFFICER 154000 0 9240 0 0 0 3800 0 14000 0 181040 0 0 0 JASON BERKOWITZ VP & COUNSEL, REGULATORY AFFAIRS 205010 0 14350 0 0 0 8200 0 18000 0 245560 0 0 0 BARBARA HUME VP, MEMBERSHIP 158363 0 0 0 0 0 6300 0 14000 0 178663 0 0 0 FRANCIS O'CONNOR VP, RESEARCH & OUTREACH 152239 0 7612 0 0 0 4200 0 18000 0 182051 0 0 0 PAUL RICHMAN VP, REGULATORY AFFAIRS & COMPLIANCE 175101 0 8700 0 0 0 6900 0 14000 0 204701 0 0 0 CHERETTA CLERKLEY VP, EXTERNAL ENGAGEMENT & COMMUNICAT 139050 0 10000 0 0 0 5800 0 11000 0 165850 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 DIRECTOR OF FINANCE 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 SENIOR VICE PRESIDENT AND GENERAL 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 DONE IN JANUARY 2009, AND SALARIES HAVE BEEN MODESTLY INCREASED FOR INFLATION AND MERIT SINCE THEN. IRI IS PLANNING TO PERFORM PROCESS FOR DETERMINING COMPENSATION AGAIN IN 2019. 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