2017-10-24T10:11:15-05:00 2016-12-31 205520612 L M HENDERSON & COMPANY LLP 450 E 96TH ST STE 200 INDIANAPOLIS IN 46240 990 2016-01-01 350539460 NATIONAL ASSOCIATION OF MUTUAL INSURANCE COMPANIES INC NATI 3178755250 3601 VINCENNES ROAD INDIANAPOLIS IN 46268 GREGG A DYKSTRA COO/GENERAL COUNSEL 3178755250 2017-10-02 true JAMES J CLINE P00151432 3175661000 2017-10-24 5E50A457C96863AEF1EF2C2AFA4722F991EFC581 3A0039BD69E5615B6F72C748FAD8B4DC304D4638 2016 2021-01-29 14:40:06Z CHARLES M CHAMNESS 3601 VINCENNES ROAD INDIANAPOLIS IN 46268 16955150 false X WWW.NAMIC.ORG X 1919 IN NAMIC IS A PROPERTY-CASUALTY INSURANCE TRADE ASSSOCIATION PROVIDING ORGANIZATION AND LEADERSHIP TO ITS MEMBERS IN GOVERNMENT AFFAIRS, EDUCATION, AND INSURANCE BUSINESS SUPPORT SERVICES. 20 20 129 20 27500 12170 0 13458696 14639765 106473 124458 46568 64170 13611737 14828393 0 0 7524651 8105886 0 0 5473325 6049913 12997976 14155799 613761 672594 12269316 13248967 4260730 4290161 8008586 8958806 X NAMIC ORGANIZES AND LEADS ASSOCIATION MEMBER EFFORTS TO IMPROVE THE HEALTH AND PERFORMANCE OF THE PROPERTY CASUALTY INSURANCE THROUGH ITS GOVERNMENT AFFAIRS (ADVOCACY, LOBBYING, ISSUE MANAGEMENT, PUBLIC AFFAIRS, AND FEDERAL AND STATE GRASSROOTS EFFORTS INCLUDING POLITICAL ACTION); EDUCATION/CERTIFICATION (BOARD, EXECUTIVE, MANAGEMENT; TECHNICAL); AND INSURANCE BUSINESS SUPPORT SERVICES (PROFESSIONAL LIABILITY INSURANCE, COMPLIANCE, MARKETING SUPPORT AND EMPLOYEE BENEFIT PROGRAMS). NAMIC'S EFFORTS ARE DIRECTED THROUGH ITS 501(C)6 PARENT ORGANIZATION AND WITHIN RELATED SUBSIDIARIES AND OTHER ENTITIES AS DESCRIBED HEREIN. false false GOVERNMENT AFFAIRS/ADVOCACY NAMIC LEADS MEMBER EFFORTS IN THIS AREA THROUGH ITS FEDERAL, STATE AND INTERNATIONAL GOVERNMENT AND PUBLIC AFFAIRS ACTIVITY (ISSUE RESEARCH/MANAGEMENT, ADVOCACY, LOBBYING); CONGRESSIONAL CONTACT AND POLITICAL ACTION PROGRAMS, JOINT INDUSTRY OR INDIVIDUAL ADVOCACY PROJECT EFFORTS, ONGOING COMMUNICATION AND EDUCATION ON RELEVANT PUBLIC POLICY ISSUES AND RELATED ENTITY SUPPORT AND OVERSIGHT. NAMIC DEVELOPS, ORGANIZES AND CONDUCTS IN-PERSON AND VIRTUAL INDUSTRY/MEMBER EDUCATION AND EVENT PROGRAMS ADDRESSING INSURANCE COMPANY OPERATIONS (UNDERWRITING, CLAIMS, MARKETING), GOVERNANCE, AND GENERAL/EXECUTIVE MANAGEMENT INVOLVING MORE THAN 7500 PARTICIPANTS ANNUALLY. NAMIC ALSO PROVIDES PROGRAMMING AND ADMINISTRATION OF TWO CERTIFICATION PROGRAMS FOR MEMBER COMPANY BOARDS OF DIRECTORS AND COMPANY MANAGERS INVOLVING MORE THAN 1200 INDIVIDUALS SEEKING OR HOLDING CERTIFICATIONS. NAMIC PLANS AND MANAGES AN ANNUAL CONVENTION ATTENDED BY MORE THAN 1,500 BUSINESS ATTENDEES AND EXHIBITORS. NAMIC OVERSEES THE DEVELOPMENT AND PRODUCTION OF HIGH VALUE PRODUCTS AND SERVICES TO ITS MEMBERS AND OTHER INSURANCE ENTITIES, INCLUDING PROFESSIONAL LIABILITY INSURANCE (D&O, ICPL, AND FIDELITY); MANAGEMENT SERVICES; LEGISLATION AND COMPLIANCE TRACKING SERVICES; BENCHMARKING; BRAND SUPPORT FOR MUTUAL INSURANCE COMPANIES; INTERNET/TECHNOLOGY SERVICES; AND BENEFIT PROGRAMS FOR MEMBER COMPANY EMPLOYEES. false false false true false false false false false false true false false true true false true false false false false false false false false false false false true false false false false false false false false false false false true false false true 68 0 129 true true true false false false false false X 20 20 false false false false true true true true true false true true true true true true true true true true false IN X GREGG DYKSTRA 3178755250 3601 VINCENNES ROAD INDIANAPOLIS IN 46268 PAUL G STUEVEN IMMED PAST C 2.00 X 0 0 0 STUART C HENDERSON PAST CHAIRMA 2.00 X 0 0 0 PAUL EHLERT CHAIRMAN- EL 2.00 X X 0 0 0 STEVEN D LINKOUS CHAIRMAN 2.00 X X 0 0 0 HENRY R GIBBEL VICE CHAIRMA 2.00 X X 0 0 0 STEVEN C SLIVER SECRETARY/TR 2.00 X X 0 0 0 MICHAEL J ALEXANDER DIRECTOR 2.00 X 0 0 0 KURT P FOLEY DIRECTOR 2.00 X 0 0 0 RUSTY FRISINGER DIRECTOR 2.00 X 0 0 0 MARK BERVEN DIRECTOR 2.00 X 0 0 0 CHARLES J SMITH DIRECTOR 2.00 X 0 0 0 GARY W THOMPSON DIRECTOR 2.00 X 0 0 0 ROBERT M ZAK DIRECTOR 2.00 X 0 0 0 RANDALL K DRUVENGA DIRECTOR 2.00 X 0 0 0 TIM D SHAUF DIRECTOR 2.00 X 0 0 0 KIMBERLY O SMITH DIRECTOR 2.00 X 0 0 0 CHRISTOPHER P TAFT DIRECTOR 2.00 X 0 0 0 BRIAN TAYLOR DIRECTOR 2.00 X 0 0 0 MARIE M JEWETT DIRECTOR 2.00 X 0 0 0 LINDA J DAY DIRECTOR 2.00 X 0 0 0 CHARLES M CHAMNESS PRESIDENT & 40.00 7.50 X 818792 145600 123986 GREGG A DYKSTRA COO/GENERAL 40.00 18.75 X 248296 187875 69018 JIMI GRANDE SEN VP- GOV 40.00 X 372131 0 53847 TIMOTHY SULLIVAN PRES. & CEO 40.00 X 256788 25754 54937 NEIL ALLDREDGE SEN VP-CORP 40.00 X 280133 0 44322 MICHAEL ULMER VP-OPERATION 40.00 37.50 X 0 182073 36542 KRISTEN SPRIGGS VP-MEMBER DE 40.00 0.50 X 161110 1563 21118 JOYCE C DEAN NAMICO OFFIC 40.00 X 200772 0 32499 THOMAS KAROL GENERAL COUN 40.00 X 199302 0 9642 THERESA SZWAST PRES. & CEO 40.00 X 173040 0 8344 DAVID MIDDLETON VP-FINANCE 40.00 24.75 X 0 171553 37283 CATHY IMUS VP- PUBLIC A 40.00 2.00 X 160877 8315 20971 2871241 722733 512509 34 false true false CREATIVE COMMUNITY CONNECTIONS INC 50 AUDUBON ROAD SUITE B WAKEFIELD MA 01880 EVENT PLANNING 719050 WILLOW MARKETING MGT INC 3590 N MERIDIAN ST NW 200 INDIANAPOLIS IN 46208 ADVERTISING 239946 MARTIN & COMPANY 4024 WEST CHESTER PIKE NEWTON SQUARE PA 19073 FINANCIAL ADV. 181667 KEPPLER SPEAKERS 3030 CLARENDON BLVD ARLINGTON VA 22201 EVENT PLANNING 132830 CROSSROADS STRATEGIES LLC 1156 15TH ST NW STE 329 WASHINGTON DC DC 20005 ADVISORY 120000 6 MEMBERSHIP DUES 524298 10157481 10157481 EDUCATIONAL MEETINGS/SEMINARS 524298 2338595 2338595 CONVENTION 524298 2053122 2053122 PUBLICATIONS 524298 90567 90567 14639765 133038 133038 2118177 2126757 -8580 -8580 -8580 ADVERTISING INCOME 541800 27500 27500 CASH SURRENDER VALUE OF LIFE 23915 23915 MISCELLANEOUS REVENUE 900099 12755 12755 64170 14828393 14676435 27500 124458 3008465 3959802 281349 469783 386487 14047 28022 24397 954765 1500 143112 760006 528432 2916977 108189 DUES/REGSTRNS/CONTRBTNS 288633 SPECIAL PROJECTS 92324 BOOKS/REFERENCE MATERIALS 64902 SOFTWARE SUBSCRIPTION 63487 61120 14155799 0 0 0 84319 45823 1938924 3113539 1631098 1889705 741363 353371 3844671 3986577 4013055 3814581 15886 45371 12269316 13248967 888491 1004820 676739 599212 2695500 2686129 4260730 4290161 X 8008586 8958806 8008586 8958806 12269316 13248967 672594 -4809 282435 X false true X true false false false false 10157481 3063202 3063202 3270709 -207507 NAMIC SERVICE CORPORATION 2767010 C NAMICO, INC. 599444 F NAMIC INSURANCE AGENCY 433510 C MARKET VALUE ADJUSTMENT 14617 F 3814581 PENSION LIABILITY 2686129 2686129 X SCHEDULE D, PAGE 3, PART X NAMIC IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. MANAGEMENT EVALUATES ALL SIGNIFICANT INCOME TAX POSITIONS THAT IT TAKES. FOR THE YEARS ENDED DECEMBER 31, 2016 AND DECEMBER 31, 2015, MANAGEMENT DOES NOT BELIEVE THAT IT HAS TAKEN ANY TAX POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT TWELVE MONTHS. THE COMPANIES RECOGNIZE INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE. NO INTEREST OR PENALTIES HAVE BEEN ACCRUED OR CHARGED TO EXPENSE AS OF DECEMBER 31, 2016 AND DECEMBER 31, 2015 OR FOR THE YEARS THEN ENDED. THE FEDERAL AND INDIANA INCOME TAX RETURNS OF THE COMPANIES FOR 2015, 2014, 2013 ARE SUBJECT TO EXAMINATION BY THE TAXING AUTHORITY, GENERALLY FOR A PERIOD OF THREE YEARS FROM THE DATE THE TAX RETURNS WERE FILED. X X X X true true X X X X X X true true false CHARLES M CHAMNESS PRESIDENT & CEO 577710 145600 210095 30987 89371 34615 942778 145600 GREGG A DYKSTRA COO/GENERAL COUNSEL 182917 187875 63585 1794 58066 10952 317314 187875 JIMI GRANDE SEN VP- GOV AFFAIRS 311507 60302 322 30182 23665 425978 TIMOTHY SULLIVAN PRES. & CEO - NAMICO 218731 25754 35075 2982 34796 20141 311725 25754 NEIL ALLDREDGE SEN VP-CORP AFFAIRS 234504 45287 342 24191 20131 324455 MICHAEL ULMER VP-OPERATIONS 163369 18369 335 18289 18253 218615 KRISTEN SPRIGGS VP-MEMBER DEVLPMNT 145993 1563 14990 127 13166 7952 182228 1563 JOYCE C DEAN NAMICO OFFICER 87661 14368 98743 20559 11940 233271 THOMAS KAROL GENERAL COUNSEL- FED 198091 75 1136 5508 4134 208944 THERESA SZWAST PRES. & CEO - NISS 159960 12874 206 4944 3400 181384 DAVID MIDDLETON VP-FINANCE 156135 14577 841 24774 12509 208836 CATHY IMUS VP- PUBLIC AFFAIRS 148358 8315 11925 594 3726 17245 181848 8315 SCHEDULE J, PAGE 1, PART I, LINE 4 CHARLES M. CHAMNESS 0 59,131 0 GREGG A. DYKSTRA 0 20,010 0 JIMI GRANDE 0 6,823 0 NEIL ALLDREDGE 0 1,380 0 JOYCE C. DEAN 98,322 0 0 SCHEDULE J, PART III SCHEDULE J, PART I, LINE 4B: IN ORDER TO RETAIN EXECUTIVE MANAGEMENT, NAMIC CREATED NONQUALIFIED PLANS TO ADDRESS RETIREMENT PLAN LIMITATIONS FOR EXECUTIVE STAFF - A DEFINED BENEFIT "EXCESS" PLAN AND A DEFINED CONTRIBUTION "EXCESS" PLAN - SEPARATE UNFUNDED (NON-QUALIFIED) PLANS THAT PROVIDE A COMPARABLE BENEFIT FOR EXECUTIVE PAY IN EXCESS OF ANY QUALIFIED PLAN LIMIT. FORM 990 - ORGANIZATION'S MISSION NAMIC ORGANIZES AND LEADS ASSOCIATION MEMBER EFFORTS TO IMPROVE THE HEALTH AND PERFORMANCE OF THE PROPERTY CASUALTY INSURANCE THROUGH ITS GOVERNMENT AFFAIRS (ADVOCACY, LOBBYING, ISSUE MANAGEMENT, PUBLIC AFFAIRS, AND FEDERAL AND STATE GRASSROOTS EFFORTS INCLUDING POLITICAL ACTION); EDUCATION/CERTIFICATION (BOARD, EXECUTIVE, MANAGEMENT; TECHNICAL); AND INSURANCE BUSINESS SUPPORT SERVICES (PROFESSIONAL LIABILITY INSURANCE, COMPLIANCE, MARKETING SUPPORT AND EMPLOYEE BENEFIT PROGRAMS). NAMIC'S EFFORTS ARE DIRECTED THROUGH ITS 501(C)6 PARENT ORGANIZATION AND WITHIN RELATED SUBSIDIARIES AND OTHER ENTITIES AS DESCRIBED HEREIN. FORM 990, PAGE 6, PART VI, LINE 6 NAMIC MEMBERS ELECT DIRECTORS AND APPROVE SIGNIFICANT TRANSACTIONS INVOLVING THE ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 7A DIRECTORS ARE ELECTED BY THE MEMBERSHIP AND MAY NOT BE REMOVED EXCEPT BY THE MEMBERS. THE OFFICER POSITIONS OF CHAIR ELECT, VICE CHAIR, AND SECRETARY/TREASURER REQUIRE THE VOTE OF THE MEMBERSHIP EACH YEAR AND MAY NOT BE REMOVED FROM OFFICE EXCEPT BY THE MEMBERSHIP. FORM 990, PAGE 6, PART VI, LINE 7B CHANGES TO THE ARTICLES OF INCORPORATION REQUIRE AFFIRMATIVE VOTE OF A MAJORITY OF THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS MADE AVAILABLE TO ALL NAMIC BOARD MEMBERS FOR REVIEW AND COMMENT. THE AUDIT/FINANCE COMMITTEE OF THE BOARD IS AUTHORIZED TO APPROVE THE REPORT BEFORE FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PAGE 6, PART VI, LINE 12C THE DIRECTORS AND OFFICERS ARE REQUIRED TO COMPLETE A DISCLOSURE EACH YEAR. IN ADDITION, DURING BOARD MEMBER ORIENTATIONS THERE IS A REVIEW OF THE CONFLICT/DISCLOSURE POLICY. THE BOARD AGENDA IS REVIEWED EACH QUARTER WITH THE EXPRESS PURPOSE OF IDENTIFYING POTENTIAL CONFLICTS INVOLVING DIRECTORS. INDIVIDUAL DIRECTORS WILL ABSTAIN FROM DISCUSSIONS AND VOTING ON ANY ITEM OR MATTER UNDER DISCUSSION WHICH PRESENTS THE APPEARANCE OF A CONFLICT. ALSO, THE CHAIRMAN OF THE BOARD IS AUTHORIZED TO IDENTIFY POTENTIAL CONFLICTS AND ADDRESS THEM ON HIS/HER OWN INITIATIVE. ANY IDENTIFIED CONFLICTS (AND RESULTING ABSTENTIONS) ARE NOTED IN THE MINUTES OF THE MEETING. FORM 990, PAGE 6, PART VI, LINE 15A RELEVANT SALARY SURVEYS ARE CONSULTED AND A MEMO IS PROVIDED TO THE COMPENSATION COMMITTEE REGARDING APPROPRIATE MARKET VALUE SALARY RANGES. THE COMMITTEE REVIEWS SALARIES ANNUALLY AND SETS THE PRESIDENT'S SALARY AND SETS UP BONUS PLANS. FORM 990, PAGE 6, PART VI, LINE 15B THE NAMIC COMPENSATION COMMITTEE REVIEWS THE ENTIRE COMPENSATION BUDGET FOR THE ASSOCIATION. INTERNALLY, HUMAN RESOURCES AND UPPER MANAGEMENT REVIEW AND ESTABLISH OFFICER AND KEY EMPLOYEE SALARIES. FORM 990, PAGE 6, PART VI, LINE 19 NAMIC MAKES ALL REQUIRED DOCUMENTS AVAILABLE TO ITS MEMBERS AND TO THE GENERAL PUBLIC. FORM 990, PART XI, LINE 9 EQUITY IN INCOME OF AFFILIATES 26,155 CURRENT YEAR INCOME FROM SUBSIDIARIES 344,121 RECOGNITION OF PERIODIC PENSION COST -87,841 TOTAL 282,435 NAMIC GROUP INSURANCE TRUST PO BOX 68700 INDIANAPOLIS IN 46268 351545846 BENEFITS IN 501C9 NAMIC INC false NTL ASSOC OF MUTUAL INSUR CO ADMIN FD - 3601 VINCENNES ROAD INDIANAPOLIS IN 46268 743030312 PAC SUPPOR IN 527 NAMIC INC false NTL ASSOC OF MUTUAL INSUR CO MASTER RETIREMENT TR - 3601 VINCENNES ROAD INDIANAPOLIS IN 46268 356220207 BENEFITS IN 501A NA false NTL ASSOC OF MUTUAL INSUR CO PAC 3601 VINCENNES ROAD INDIANAPOLIS IN 46268 351768626 PAC SUPPOR IN 527 NA false NAMIC SERVICE CORPORATION 3601 VINCENNES ROAD INDIANAPOLIS IN 46268 351176317 MGMNT-INS. IN NAMIC INC C CORP 211238 9247031 1.00000 false NAMIC INSURANCE AGENCY 3601 VINCENNES ROAD INDIANAPOLIS IN 46268 351469772 INSURANCE IN NSC C CORP false NAMIC INSURANCE COMPANY INC PO BOX 68700 INDIANAPOLIS IN 46268 351701158 INSURANCE IN NA C CORP 17770 1112867 0.02180 false false false false false false false false false false false true false false true true true true false false NAMIC SERVICE CORPORATION K 385038 COST NAMIC SERVICE CORPORATION O 284462 COST NTL INDEPENDENT STATISTICAL SERVICE Q 1724809 COST NAMIC INSURANCE COMPANY INC Q 2351435 COST NAMIC ADVOCACY FUND P 358093 COST NAMIC GROUP INSURANCE TRUST P 228580 COST NAMIC SERVICE CORPORATION P 777400 COST