2016-10-25T09:40:26-05:00 2015-12-31 410746749 CLIFTONLARSONALLEN LLP 4250 N FAIRFAX DRIVE SUITE 1020 ARLINGTON VA 22203 990 2015-01-01 061328907 INSURED RETIREMENT INSTITUTE INC INSU 2024693000 1100 VERMONT AVENUE NW WASHINGTON DC 20005 CATHERINE J WEATHERFORD PRESIDENT & CEO 2024693000 2016-10-18 1 DAVID TRIMNER P00444822 5712279500 2015 2017-02-10 21:41:12Z CATHERINE J WEATHERFORD 1100 VERMONT AVENUE NW WASHINGTON DC 20005 6349092 0 X WWW.IRIONLINE.ORG X 1991 CT TO PROMOTE UNDERSTANDING OF AND ADVOCATE ON ISSUES AFFECTING INSURED RETIREMENT STRATEGIES. 33 32 27 32 58500 -3086 0 0 6104118 6342844 5037 6248 0 0 6109155 6349092 0 0 0 0 3135427 3589467 0 0 0 2760356 2997446 5895783 6586913 213372 -237821 4803562 4899394 3151341 3484994 1652221 1414400 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 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 CONFERENCESCONFERENCES BRING TOGETHER MEMBERS AND OTHERS INTERESTED IN ANNUITY AND VARIABLE LIFE PRODUCTS TO EDUCATE THEM ON CURRENT ISSUES, PRODUCT FEATURES AND BENEFITS. MEMBER SERVICESMEMBERSHIP SERVICES PROVIDES EDUCATION AND INFORMATION TO ASSOCIATION MEMBERS. PUBLICATIONSTHE 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 1 25 0 27 1 1 1 0 0 0 0 0 X 33 32 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X CATHERINE WEATHERFORD 2024693000 1100 VERMONT AVENUE NW 10TH FL WASHINGTON DC 20005 WILLIAM BENJAMIN VICE CHAIR 2.00 X X 0 0 0 GREG CICOTTE DIRECTOR 2.00 X 0 0 0 WAYNE CHOPUS DIRECTOR 2.00 X 0 0 0 MICHAEL COGSWELL DIRECTOR 2.00 X 0 0 0 SCOTT COUTO DIRECTOR 2.00 X 0 0 0 DAVID CRUZ DIRECTOR 2.00 X 0 0 0 ROBERT DECHELLIS DIRECTOR 2.00 X 0 0 0 TERRI FIELDER DIRECTOR 2.00 X 0 0 0 LYNNE FORD DIRECTOR 2.00 X 0 0 0 ELIZABETH FORGET DIRECTOR 2.00 X 0 0 0 WILL FULLER DIRECTOR 2.00 X 0 0 0 DAVID GIERTZ DIRECTOR 2.00 X 0 0 0 BENJAMIN HUNEKE TREASURER/SECRETARY 2.00 X X 0 0 0 NICK LANE CHAIR 2.00 X X 0 0 0 CAROLYN JOHNSON DIRECTOR 2.00 X 0 0 0 WILLIAM LOWE DIRECTOR 2.00 X 0 0 0 JIM KWOK DIRECTOR 2.00 X 0 0 0 ERICA MCGINNIS DIRECTOR 2.00 X 0 0 0 JEFF MILLER DIRECTOR 2.00 X 0 0 0 JAMES MULLERY DIRECTOR 2.00 X 0 0 0 ROBERT MOORE IMMEDIATE PAST CHAIR 2.00 X X 0 0 0 PAULA NELSON DIRECTOR 2.00 X 0 0 0 BILL MORRISSEY DIRECTOR 2.00 X 0 0 0 CAROLINE O'CONNELL DIRECTOR 2.00 X 0 0 0 JERRY PATTERSON DIRECTOR 2.00 X 0 0 0 GEORGE RIEDEL DIRECTOR 2.00 X 0 0 0 DAVE PAULSEN DIRECTOR 2.00 X 0 0 0 LARRY ROTH DIRECTOR 2.00 X 0 0 0 LORNA SABBIA DIRECTOR 2.00 X 0 0 0 TOM STREIFF DIRECTOR 2.00 X 0 0 0 BOB VORLOP DIRECTOR 2.00 X 0 0 0 MARC VOSEN DIRECTOR 2.00 X 0 0 0 CATHERINE WEATHERFORD PRESIDENT & CEO 40.00 X X 759518 0 30760 JOHN CARTER DIRECTOR 2.00 X 0 0 0 BRUCE FERRIS DIRECTOR 2.00 X 0 0 0 LARRY ROTH DIRECTOR 2.00 X 0 0 0 JOHN PAPADOPULOS DIRECTOR 2.00 X 0 0 0 DAVID TYRIE DIRECTOR 2.00 X 0 0 0 MITCHELL CAPLAN DIRECTOR 2.00 X 0 0 0 MICHAEL SALIBA DIRECTOR 2.00 X 0 0 0 J LEE COVINGTON SENIOR VP & GENERAL COUNSEL 40.00 X 369406 0 29526 DANIELLE HOLLAND SENIOR VP COMMUNICATIONS, MKTG & RESEARCH 40.00 X 202402 0 18278 BARBARA HUME VP MEMBERSHIP 40.00 X 167613 0 19419 JASON BERKOWITZ VP & COUNSEL, REGULATORY AFFAIRS 40.00 X 192872 0 24549 MICHAEL LENN VP FEDERAL AFFAIRS 40.00 X 166823 0 22829 FRANCIS O'CONNOR VP, RESEARCH & OUTREACH 40.00 X 141284 0 20500 PAUL RICHMAN VP, REGULATORY AFFAIRS & COMPLIANCE 40.00 X 162478 0 17800 2162396 0 183661 12 0 1 0 SPECTRUM INC 8460 G TYCO ROAD VIENNA VA 22182 GENERAL CONTRACTOR 348270 LEADING AUTHORITIES INC 1990 M STREET NW WASHINGTON DC 20036 SPEAKER SERVICES 329962 MINDSHIFT PO BOX 200105 PITTSBURGH PA 15251 IT SERVICES 155359 GROOM LAW GROUP DEPT 0589 WASHINGTON DC 20073 LEGAL SERVICES 150000 VERIS CONSULTING INC 11710 PLAZA AMERICA DRIVE STE 300 RESTON VA 20190 ACCOUNTING SERVICES 105707 8 MEMBERSHIP DUES 611710 3452500 3452500 CONFERENCES 611710 1480214 1421714 58500 PREMIER ALLIANCE PROGR 611710 1092500 1092500 INDUSTRY WIDE TRAINING 611710 294967 294967 PUBLICATIONS 611710 22663 22663 6342844 6248 6248 6349092 6284344 58500 6248 1409890 1853340 42321 104241 179675 478 117303 302086 317798 48707 228113 39259 341609 126855 1009358 145782 32242 MEMBERSHIP EXPENSE 133165 BANK/CREDIT CARD FEES 86972 PROFESSIONAL DEVELOPMEN 53969 SATELITE MEDIA TOUR 13750 6586913 1459881 1434453 2025079 2039501 158300 73492 225889 256247 1105294 718554 265707 386740 668706 708961 4803562 4899394 247768 203817 2153947 2393285 749626 887892 3151341 3484994 X 1652221 1414400 1652221 1414400 4803562 4899394 -237821 0 X 0 1 X 1 0 0 0 1 3396000 325885 100398 426283 509400 -83117 26874 1526 25348 772530 548359 224171 305890 168669 137221 386740 DEFERRED COMPENSATION 662011 LETTER OF CREDIT 46950 708961 DEFERRED COMPENSATION 662011 CAPITAL LEASE 131758 DEFERRED RENT 94123 887892 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 WEATHERFORD PRESIDENT & CEO 544518 0 215000 0 0 0 8760 0 22000 0 790278 0 0 0 J LEE COVINGTON SENIOR VP & GENERAL COUNSEL 311255 0 58151 0 0 0 10526 0 19000 0 398932 0 0 0 DANIELLE HOLLAND SENIOR VP COMMUNICATIONS, MKTG & RES 174934 0 27468 0 0 0 778 0 17500 0 220680 0 0 0 BARBARA HUME VP MEMBERSHIP 152238 0 15375 0 0 0 5919 0 13500 0 187032 0 0 0 JASON BERKOWITZ VP & COUNSEL, REGULATORY AFFAIRS 166603 0 26269 0 0 0 7049 0 17500 0 217421 0 0 0 MICHAEL LENN VP FEDERAL AFFAIRS 154523 0 12300 0 0 0 5329 0 17500 0 189652 0 0 0 FRANCIS O'CONNOR VP, RESEARCH & OUTREACH 135544 0 5740 0 0 0 3000 0 17500 0 161784 0 0 0 PAUL RICHMAN VP, REGULATORY AFFAIRS & COMPLIANCE 150378 0 12100 0 0 0 4300 0 13500 0 180278 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 11 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/CEO WILL REVIEW AND SIGN THE 990. A COPY OF THE 990 (SIGNED) 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 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 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. 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