NATIONAL ASSOCIATION OF MUTUAL INSURANCE COMPANIES: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- NATIONAL ASSOCIATION OF MUTUAL INSURANCE COMPANIES (EIN 35-0539460)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-07-25
- IRS object ID
- 201202079349300725
- Schema version
- 2011v1.2
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-07-25T09:53:22-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | L M HENDERSON & COMPANY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 450 E 96TH ST STE 200 | AddressLine1 |
| City | INDIANAPOLIS | City |
| State | IN | State |
| ZIP Code | 46240 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 350539460 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATIONAL ASSOCIATION OF MUTUAL | BusinessNameLine1 |
| Business Name Line2 | INSURANCE COMPANIES INC | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NATI | NameControl |
| Phone | 3178755250 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3601 VINCENNES ROAD | AddressLine1 |
| City | INDIANAPOLIS | City |
| State | IN | State |
| ZIP Code | 46268 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GREGG DYKSTRA | Name |
| Title | CHIEF OPERATING OFFICER | Title |
| Phone | 3178755250 | Phone |
| Date Signed | 2012-07-23 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES J CLINE | Name |
| Phone | 3175661000 | Phone |
| Date Prepared | 2012-07-23 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | CHARLES CHAMNESS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3601 VINCENNES ROAD | AddressLine1 |
| City | INDIANAPOLIS | City |
| State | IN | State |
| ZIP Code | 46268 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 10613204 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.NAMIC.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1919 | YearFormation |
| State Legal Domicile | IN | StateLegalDomicile |
| Activity Or Mission Description | NAMIC STRENGTHENS AND SUPPORTS ITS MEMBERS AND THE PROPERTY/CASUALTY INSURANCE INDUSTRY BY PROVIDING EFFECTIVE AND HIGH VALUE ADVOCACY, MEMBER SERVICES (EDUCATION) AND PUBLIC POLICY DEVELOPMENT. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 20 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 20 | NbrIndependentVotingMembers |
| Total Nbr Employees | 108 | TotalNbrEmployees |
| Total Gross UBI | 15359 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 4157 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2897922 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 7421547 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1552586 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 2712787 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 63162 | InvestmentIncomePriorYear |
| Investment Income Current Year | 136181 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 3025 | OtherRevenuePriorYear |
| Other Revenue Current Year | 21906 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 4516695 | TotalRevenuePriorYear |
| Total Revenue Current Year | 10292421 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2029429 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 5706144 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2367006 | OtherExpensePriorYear |
| Other Expenses Current Year | 4597832 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 4396435 | TotalExpensesPriorYear |
| Total Expenses Current Year | 10303976 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 120260 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -11555 | RevenuesLessExpensesCY |
| Total Assets BOY | 8733303 | TotalAssetsBOY |
| Total Assets EOY | 9447466 | TotalAssetsEOY |
| Total Liabilities BOY | 1707122 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 3469475 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 7026181 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 5977991 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | NAMIC STRENGTHENS AND SUPPORTS ITS MEMBERS AND THE PROPERTY/CASUALTY INSURANCE INDUSTRY BY PROVIDING EFFECTIVE AND HIGH VALUE ADVOCACY, MEMBER SERVICES (EDUCATION) AND PUBLIC POLICY DEVELOPMENT. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Description | CONFERENCES/MEETINGS-NAMIC SERVED ITS MEMBERSHIP THROUGH 17 IN-PERSON EVENTS WITH APPROXIMATELY 1,400 PARTICIPANTS AND 14 WEBINARS WHERE APPROXIMATELY 300 PEOPLE PARTICIPATED. NAMIC ALSO HOSTED OR COORDINATED GOVERNANCE EDUCATION FOR MEMBERS IN PARTNERSHIP WITH OTHER ORGANIZATIONS TO APPROXIMATELY 850 PEOPLE. AN ANNUAL CONVENTION WAS HELD IN INDIANAPOLIS, INDIANA IN SEPTEMBER 2011 WITH 1,600 PEOPLE IN ATTENDANCE. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PUBLIC POLICY-NAMIC PUBLISHED INDUSTRY PAPERS, PROVIDED TESTIMONY BEFORE CONGRESS, PARTICIPATED ON PANELS, AND ADVOCATED MEMBERS' INTERESTS ON REGULATORY PROPOSALS INTRODUCED BY THE NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS AND THE NATIONAL COUNCIL OF INSURANCE LEGISLATORS, AMONG OTHERS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | FEDERAL/STATE AFFAIRS-NAMIC REPRESENTED MEMBERS' INTERESTS THROUGH INFORMATION, PUBLICATION, TESTIMONY OR LOBBYING EFFORTS INCLUDING, BUT NOT LIMITED TO, THE FOLLOWING ISSUES AT EITHER THE STATE OR FEDERAL LEVEL: SYSTEMIC RISK, FINANCIAL SERVICES REFORM, FEDERAL REGULATION OF INSURANCE, MCCARRAN REPEAL, BUILDING CODES, FLOOD PROGRAM REFORM, MEDICARE SECONDARY PAYER, SMALL COMPANY TAX REFORM, RATE REGULATION MODERNIZATION, INSURANCE SCORING, ACCIDENT RESPONSE FEES, BAD FAITH LEGISLATION, MARKET CONDUCT REFORM, NATURAL DISASTER/CATASTROPHE INSURANCE LEGISLATION, AFTER MARKET PARTS LEGISLATION AND LITIGATION, AUTO AND HOMEOWNER'S INSURANCE ISSUES, AND CIVIL JUSTICE. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MEMBER COMMUNICATIONS/SERVICES-NAMIC PROVIDES COMMUNICATIONS AND INFORMATION ABOUT NAMIC ACTIVITIES, POSITIONS AND INDUSTRY EVENTS THROUGH A WEBSITE AS WELL AS ELECTRONIC AND PRINT COMMUNICATIONS. OTHER MEMBER SERVICES INCLUDE PROFESSIONAL LIABILITY INSURANCE, GROUP BENEFIT INSURANCE AND RETIREMENT PLANS, AND WEB HOSTING SERVICES. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In501 C3 | false | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | true | PoliticalActivities |
| Subject To Proxy Tax | true | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | false | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 59 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 108 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 20 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 20 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | true | LocalChapters |
| Policies Reference Chapters | true | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | IN | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | GREGG DYKSTRA | NamePerson |
| Telephone Number | 3178755250 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3601 VINCENNES ROAD | AddressLine1 |
| City | INDIANAPOLIS | City |
| State | IN | State |
| ZIP Code | 46268 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (37 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| JAMES J KENNEDY | ||||||||
| CHAIRMAN | 2.00 | X | X | 0 | 0 | 0 | ||
| JERRY G ZENKE | ||||||||
| CHAIRMAN-ELE | 2.00 | X | X | 0 | 0 | 0 | ||
| CHRISTOPHER P TAFT | ||||||||
| SECRETARY/TR | 2.00 | X | X | 0 | 0 | 0 | ||
| JOHN J BISHOP | ||||||||
| VICE CHAIRMA | 2.00 | X | X | 0 | 0 | 0 | ||
| JOHN T HILL II | ||||||||
| PAST CHAIRMA | 2.00 | X | 0 | 0 | 0 | |||
| W KIM AUSTEN | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| JOHN T LEONARD | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| ARTHUR L MEADOWS | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| MARK S SPLINTER | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| DOUGLAS P FINCANNON | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| STUART HENDERSON | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| TRICIA MICKLEY | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| JAMES E WILDS | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| DARWIN G COPEMAN | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| CARLOS A RODRIGUES | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| STEVEN C SLIVER | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| PAUL G STUEVEN | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| JONATHAN C GRETHER | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| SANDRA G PARRILLO | ||||||||
| IMMEDIATE PA | 2.00 | X | 0 | 0 | 0 | |||
| J JERRY CANADA | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| CHARLES M CHAMNESS | ||||||||
| PRESIDENT | 40.00 | X | 634752 | 82211 | 43102 | |||
| GREGG A DYKSTRA | ||||||||
| CH OPERATING | 40.00 | X | 105217 | 131938 | 47122 | |||
| JIMI GRANDE | ||||||||
| SEN VP-FED/P | 40.00 | X | 227913 | 0 | 24219 | |||
| NEIL ALLDREDGE | ||||||||
| SEN VP-STATE | 40.00 | X | 202155 | 0 | 27767 | |||
| MICHAEL ULMER | ||||||||
| VP-INFO TECH | 40.00 | X | 0 | 138849 | 31094 | |||
| BRENT BAHLER | ||||||||
| VP-PUBLIC AF | 40.00 | X | 127672 | 6720 | 0 | |||
| ROBERT DETLEFSEN | ||||||||
| VP-PUBLIC PO | 40.00 | X | 131957 | 0 | 20697 | |||
| KRISTEN SIZELOVE | ||||||||
| VP-MEMBER DE | 40.00 | X | 121350 | 0 | 8387 | |||
| TERRY SUTTNER | ||||||||
| SEN VP-MEMBS | 40.00 | X | 82500 | 35358 | 17951 | |||
| DAVID MIDDLETON | ||||||||
| VP-FINANCE | 40.00 | X | 0 | 116869 | 27799 | |||
| R LARRY BAILE | ||||||||
| ASSISTANT VP | 40.00 | X | 79926 | 0 | 10480 | |||
| MATTHEW GANNON | ||||||||
| AST VP-FED A | 40.00 | 151858 | 0 | 5503 | X | |||
| JOSEPH THESING | ||||||||
| AST VP-STATE | 40.00 | 123434 | 0 | 18235 | X | |||
| CHRISTIAN RATAJ | ||||||||
| STATE AFFAIR | 40.00 | 117293 | 0 | 13985 | X | |||
| IRICA SOLOMON | ||||||||
| POLITICAL DI | 40.00 | 111422 | 0 | 8979 | X | |||
| PAUL TETRAULT | ||||||||
| ST AFFAIRS C | 40.00 | 111082 | 0 | 19741 | X | |||
| ELIZABETH REYNOLDS | ||||||||
| STATE AFFAIR | 40.00 | 107462 | 0 | 12565 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2435993 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 511945 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 337626 | TotalOtherCompensation |
| Number Individuals GT100 K | 15 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| TD AMERITRADE | |||||
| PO BOX 17748 | DENVER | CO | 80217 | 401K DEFERRALS | 861783 |
| ANTHEM BCBS IN GROUP INC | |||||
| PO BOX 105113 | ATLANTA | GA | 30348 | HEALTH INSURANC | 727572 |
| PNC | |||||
| 200 PUBLIC SQUARE FLOOR 5 | CLEVELAND | OH | 44114 | PENSION CONTRIB | 644000 |
| JW MARRIOTT INDIANAPOLIS | |||||
| 10 SOUTH WEST STREET | INDIANAPOLIS | IN | 46204 | CONVENTION SITE | 423813 |
| MELLON TRUST OF NEW ENGLAND NA | |||||
| PO BOX 535161 | PITTSBURGH | PA | 15253 | HSA CONTRIBUTIO | 295201 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 11 | NumberOfContractorsGT100K |
| Membership Dues | 7421547 | MembershipDues |
| Total Contributions | 7421547 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| CONVENTION | 524298 | 1380546 | 1380546 |
| EDUCATIONAL MEETINGS/SEMINARS | 524298 | 1292729 | 1292729 |
| PUBLICATIONS | 524298 | 39512 | 39512 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 2712787 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 112874 | TotalRevenueColumn |
| Unrelated Business Revenue | 1259 | UnrelatedBusinessRevenue |
| Exclusion | $111,615 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 344090 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 320783 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 23307 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 23307 | TotalRevenueColumn |
| Exclusion | $23,307 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|
| ADVERTISING INCOME | 541800 | 14100 | 14100 | |
| MISCELLANEOUS REVENUE | 900099 | 7806 | 7806 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 21906 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 10292421 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2720593 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 15359 | UnrelatedBusinessRevenue |
| Exclusion | $134,922 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2121392 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2665013 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 123125 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 502422 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 294192 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33392 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8843 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 83534 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 607212 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 460485 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2029808 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36735 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| OTHER PROFESSIONAL FEES | 522570 |
| DUES/REGSTRNS/CONTRBTNS | 312206 |
| SPECIAL PROJECTS | 138118 |
| POSTAGE/MAILING/PRINTING | 123854 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 241075 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10303976 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1384085 | BOY |
| EOY | 1538516 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 837280 | BOY |
| EOY | 1517160 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 70000 | BOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 256325 | BOY |
| EOY | 205460 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2257069 | BOY |
| EOY | 3257720 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3928544 | BOY |
| EOY | 2927904 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 706 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8733303 | BOY |
| EOY | 9447466 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 214525 | BOY |
| EOY | 313009 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 283814 | BOY |
| EOY | 365675 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1208783 | BOY |
| EOY | 2790791 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1707122 | BOY |
| EOY | 3469475 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7026181 | BOY |
| EOY | 5977991 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7026181 | BOY |
| EOY | 5977991 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8733303 | BOY |
| EOY | 9447466 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -11555 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -1036635 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | 7800 | PoliticalExpenditures |
| Form4720 Filed4955 Tax | false | Form4720Filed4955Tax |
| Correction Made | false | CorrectionMade |
| Amt Expended For527 Activities | 7800 | AmtExpendedFor527Activities |
| Total Exmpt Function Expenditures | 7800 | TotalExmptFunctionExpenditures |
| Form1120 Pol Filed | false | Form1120PolFiled |
Sec527 Pol Orgs Sec527PolOrgs (16 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | Amt Pd From Internal FundsAmtPdFromInternalFunds | EINEIN |
|---|---|---|---|---|---|
| JIM DUNNIGAN CAMPAIGN | |||||
| 3070 EUGENE HILL WAY | TAYLORSVILLE | UT | 84129 | 500 | |
| MIKE CHANEY COMMISSIONER OF INSUR | |||||
| PO BOX 23242 | JACKSONVILLE | MS | 39225 | 500 | |
| COLORADO LEADERSHIP FUND | |||||
| PO BOX 238 | DENVER | CO | 80201 | 500 | 841664434 |
| COMMITTEE TO ELECT HOWARD MAXWELL | |||||
| 716 GRAHAM ROAD | DALLAS | GA | 30132 | 500 | |
| DOROTHY HUKILL CAMPAIGN | |||||
| PO BOX 238136 | PORT ORANGE | FL | 32123 | 500 | |
| FRIENDS OF BILL HAINE | |||||
| PO BOX 67 | ALTON | IL | 62002 | 250 | |
| FRIENDS OF PATRICK FORREST 2011 | |||||
| 1651 FIELDHORN DRIVE | RESTON | VA | 20194 | 500 | 451542587 |
| FRIENDS OF RICH GOLICK | |||||
| 2372 SIMPSON FARM WAY SE | SMYRNA | GA | 30080 | 500 | |
| GARRETT RICHTER FOR STATE SENATE | |||||
| PO BOX 9084 | NAPLES | FL | 34101 | 500 | 113805419 |
| CO REPUBLICAN LEADERSHIP DINNER | |||||
| 1125 SEVENTEENTH STREET STE 600 | DENVER | CO | 80202 | 50 | |
| DON HARMON | |||||
| 1243 WOODBINE AVENUE STE 102 | OAK PARK | IL | 60302 | 500 | |
| JOHN THRASHER CAMPAIGN | |||||
| 4963 BEACH BOULEVARD | JACKSONVILLE | FL | 32207 | 500 | |
| NIKKI HALEY FOR GOVERNOR | |||||
| PO BOX 1773 | COLUMBIA | SC | 29201 | 1000 | |
| SENATE MAJORITY FUND | |||||
| 1420 WEST CANAL COURT STE 10 | LITTLETON | CO | 80120 | 500 | |
| PAMIC ADMINISTRATIVE FUND | |||||
| 1017 MUMMA ROAD 103 | WORMLEYSBURG | PA | 17043 | 500 | |
| WAYNE HARPER CAMPAIGN | |||||
| 6683 NOTTINGHAM WEST | JORDAN | UT | 84084 | 500 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form4720 Filed | false | Form4720Filed |
| Volunteers | false | Volunteers |
| Paid Staff Or Management | false | PaidStaffOrManagement |
| Media Advertisements | false | MediaAdvertisements |
| Mailings Members | false | MailingsMembers |
| Publications Or Broadcast | false | PublicationsOrBroadcast |
| Grants Other Organizations | false | GrantsOtherOrganizations |
| Direct Contact Legislators | false | DirectContactLegislators |
| Rallies Demonstrations | false | RalliesDemonstrations |
| Other Activities | false | OtherActivities |
| Not Described In501c3 | false | NotDescribedIn501c3 |
| Form4720 Filed4912 Tax | false | Form4720Filed4912Tax |
| Substantially All Dues Nondeduct | false | SubstantiallyAllDuesNondeduct |
| Only In House Lobbying | false | OnlyInHouseLobbying |
| Agree To Carryover Prior Year | true | AgreeToCarryoverPriorYear |
| Dues Assessments | 7421547 | DuesAssessments |
| Non Ded Lobby Political Current | 780237 | NonDedLobbyPoliticalCurrent |
| Non Ded Lobby Political Carryover | 107428 | NonDedLobbyPoliticalCarryover |
| Non Ded Lobby Political Total | 887665 | NonDedLobbyPoliticalTotal |
| Aggr Amt Reported In Dues Notices | 794106 | AggrAmtReportedInDuesNotices |
| Amount To Be Carried Over | 93559 | AmountToBeCarriedOver |
Form990 Schedule C Part IV Form990ScheduleCPartIV (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| SCHEDULE C, PART I-A, LINE 1 | NAMIC MADE DIRECT POLITICAL CAMPAIGN CONTRIBUTIONS MAINLY TO STATE CANDIDATES. |
| SCHEDULE C, PART I-C, LINE 5 | FRIENDS OF PATRICK FORREST 2011 45-1542587 500 0 1651 FIELDHORN DRIVE, RESTON, VA 20194 FRIENDS OF RICH GOLICK 500 0 2372 SIMPSON FARM WAY SE, SMYRNA, GA 30080 GARRETT RICHTER FOR STATE SENATE 11-3805419 500 0 P.O. BOX 9084, NAPLES, FL 34101 CO REPUBLICAN LEADERSHIP DINNER 50 0 1125 SEVENTEENTH STREET, STE 600, DENVER, CO 80202 DON HARMON 500 0 1243 WOODBINE AVENUE, STE 102, OAK PARK, IL 60302 JOHN THRASHER CAMPAIGN 500 0 4963 BEACH BOULEVARD, JACKSONVILLE, FL 32207 NIKKI HALEY FOR GOVERNOR 1,000 0 P.O. BOX 1773, COLUMBIA, SC 29201 SENATE MAJORITY FUND 500 0 1420 WEST CANAL COURT, STE 10, LITTLETON, CO 80120 PAMIC ADMINISTRATIVE FUND 500 0 1017 MUMMA ROAD 103, WORMLEYSBURG, PA 17043 WAYNE HARPER CAMPAIGN 500 0 6683 NOTTINGHAM WEST, JORDAN, UT 84084 |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Disclosed Orgs Legal Control | false | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | false | DisclosedForCharitablePurposes |
| Written Policy Monitoring | false | WrittenPolicyMonitoring |
| Sect170h Requirements Satisfied | false | Sect170hRequirementsSatisfied |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | false | IncludedOnFS |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Other Securities OtherSecurities (4 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| NAMIC SERVICE CORPORATION | 2061813 | C |
| NAMICO, INC. | 448445 | F |
| NAMIC INSURANCE AGENCY | 239055 | C |
| MARKET VALUE ADJUSTMENT | 178591 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 2927904 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PENSION COSTS | Description |
| Amount | $2,790,791 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2790791 | TotalOfAmounts |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | LIABILITY UNDER FIN 48 FOOTNOTE | Identifier |
| Return Reference | SCHEDULE D, PAGE 3, PART X | ReturnReference |
| Explanation | 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 YEAR ENDED DECEMBER 31, 2011, 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, 2011 OR FOR YEAR THEN ENDED. THE FEDERAL AND INDIANA INCOME TAX RETURNS OF THE COMPANIES FOR 2010, 2009, AND 2008 ARE SUBJECT TO EXAMINATION BY THE TAXING AUTHORITY, GENERALLY FOR A PERIOD OF THREE YEARS FROM THE DATE THE TAX RETURNS WERE FILED. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (7 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Other Compensation Filing OrgOtherCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CHARLES M CHAMNESS | |||||||||||
| 464834 | 82211 | 152272 | 17646 | 36063 | 7039 | 677854 | 82211 | ||||
| GREGG A DYKSTRA | |||||||||||
| 104177 | 131938 | 60 | 980 | 40293 | 6829 | 152339 | 131938 | ||||
| JIMI GRANDE | |||||||||||
| 227649 | 60 | 204 | 10505 | 13714 | 252132 | ||||||
| NEIL ALLDREDGE | |||||||||||
| 201904 | 60 | 191 | 14744 | 13023 | 229922 | ||||||
| MICHAEL ULMER | |||||||||||
| 138610 | 169943 | 60 | 179 | 18108 | 12986 | ||||||
| ROBERT DETLEFSEN | |||||||||||
| 131460 | 60 | 437 | 13837 | 6860 | 152654 | ||||||
| MATTHEW GANNON | |||||||||||
| 151692 | 60 | 106 | 5503 | 157361 | |||||||
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | OTHER ADDITIONAL INFORMATION | Identifier |
| Return Reference | SCHEDULE J, PART III | ReturnReference |
| Explanation | 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. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (10 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ALL OTHER ACCOMPLISHMENT DESCRIPTION | FORM 990, PAGE 2, PART III, LINE 4D | MEMBER COMMUNICATIONS/SERVICES-NAMIC PROVIDES COMMUNICATIONS AND INFORMATION ABOUT NAMIC ACTIVITIES, POSITIONS AND INDUSTRY EVENTS THROUGH A WEBSITE AS WELL AS ELECTRONIC AND PRINT COMMUNICATIONS. OTHER MEMBER SERVICES INCLUDE PROFESSIONAL LIABILITY INSURANCE, GROUP BENEFIT INSURANCE AND RETIREMENT PLANS, AND WEB HOSTING SERVICES. |
| CLASSES OF MEMBERS OR STOCKHOLDERS | FORM 990, PAGE 6, PART VI, LINE 6 | NAMIC MEMBERS ELECT DIRECTORS AND APPROVE SIGNIFICANT TRANSACTIONS INVOLVING THE ORGANIZATION. |
| ELECTION OF MEMBERS AND THEIR RIGHTS | 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. |
| DECISIONS SUBJECT TO APPROVAL OF MEMBERS | FORM 990, PAGE 6, PART VI, LINE 7B | CHANGES TO THE ARTICLES OF INCORPORATION REQUIRE AFFIRMATIVE VOTE OF A MAJORITY OF THE MEMBERS. |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | 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. |
| ENFORCEMENT OF CONFLICTS POLICY | 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. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | 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. |
| COMPENSATION PROCESS FOR OFFICERS | 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. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | NAMIC MAKES ALL REQUIRED DOCUMENTS AVAILABLE TO ITS MEMBERS AND TO THE GENERAL PUBLIC. |
| OTHER CHANGES IN NET ASSETS EXPLANATION | FORM 990, PART XI, LINE 5 | EQUITY IN INCOME OF AFFILIATES 7,715 CURRENT YEAR INCOME FROM SUBSIDIARIES 304,534 RECOGNITION OF PERIODIC PENSION COSTS (1,356,793) UNREALIZED GAIN ON SALE OF INVESTMENTS 7,909 TOTAL OTHER CHANGES IN NET ASSETS (1,036,635) OR FUND BALANCES, PART XI, LINE 5 |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (6 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|
| NAMIC GROUP INSURANCE TRUST | |||||||||
| PO BOX 68700 | INDIANAPOLIS | IN | 46268 | 351545846 | BENEFITS | IN | 501C9 | NAMIC INC | false |
| PROFESSIONAL INSUR COMMUNICATORS OF | |||||||||
| AMERICA INC - 3601 VINCENNES ROAD | INDIANAPOLIS | IN | 46268 | 261401097 | EDUCATE | IN | 501C6 | NA | false |
| NATIONAL INDEPENDENT STATISTICAL | |||||||||
| SERVICE - 3601 VINCENNES ROAD | INDIANAPOLIS | IN | 46268 | 366102417 | STAT ANALY | IN | 501C6 | NA | false |
| INSURANCE COMMITTEE ON ARSON | |||||||||
| CONTROL - 3601 VINCENNES ROAD | INDIANAPOLIS | IN | 46268 | 363548873 | ARSON CTRL | IN | 501C6 | NA | false |
| CROP INSURANCE RESEARCH BUREAU | |||||||||
| 10800 FARLEY STE 300 | OVERLAND PARK | KS | 66212 | 351115571 | CROP INSUR | KS | 501C6 | NA | false |
| NTL ASSOCIATION OF MUTUAL INSUR CO | |||||||||
| ADMIN FD - 3601 VINCENNES ROAD | INDIANAPOLIS | IN | 46268 | 743030312 | PAC SUPPOR | IN | 527 | NAMIC INC | false |
Form990 Schedule R Part IV Form990ScheduleRPartIV (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Type Of EntityTypeOfEntity | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Percentage OwnershipPercentageOwnership |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NAMIC SERVICE CORPORATION | |||||||||||
| 3601 VINCENNES ROAD | INDIANAPOLIS | IN | 46268 | 351176317 | MGMNT-INS. | IN | NAMIC INC | C CORP | 357124 | 6209715 | 1.00000 |
| NAMIC INSURANCE AGENCY | |||||||||||
| 3601 VINCENNES ROAD | INDIANAPOLIS | IN | 46268 | 351469772 | INSURANCE | IN | NA | C CORP | |||
| NAMIC INSURANCE COMPANY INC | |||||||||||
| PO BOX 68700 | INDIANAPOLIS | IN | 46268 | 351701158 | INSURANCE | IN | NA | C CORP | 28042 | 1016316 | 0.02190 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | true | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | true | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | true | SharingOfFacilities |
| Sharing Of Paid Employees | true | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | true | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | true | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (18 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| NAMIC SERVICE CORPORATION | ||
| A | 1259 | COST |
| NAMIC SERVICE CORPORATION | ||
| J | 365388 | COST |
| NAMIC SERVICE CORPORATION | ||
| N | 232537 | COST |
| NAMIC INSURANCE AGENCY | ||
| N | 93256 | COST |
| NTL INDEPENDENT STATISTICAL SERVICE | ||
| P | 1271787 | COST |
| NAMIC INSURANCE COMPANY INC | ||
| P | 1725128 | COST |
| NAMIC ADMINISTRATIVE FUND | ||
| O | 345949 | COST |
| NAMIC GROUP INSURANCE TRUST | ||
| O | 132429 | COST |
| NAMIC SERVICE CORPORATION | ||
| O | 581466 | COST |
| NAMIC SERVICE CORPORATION | ||
| A | 1259 | COST |
| NAMIC SERVICE CORPORATION | ||
| J | 365388 | COST |
| NAMIC SERVICE CORPORATION | ||
| N | 232537 | COST |
| NAMIC INSURANCE AGENCY | ||
| N | 93256 | COST |
| NTL INDEPENDENT STATISTICAL SERVICE | ||
| P | 1271787 | COST |
| NAMIC INSURANCE COMPANY INC | ||
| P | 1725128 | COST |
| NAMIC ADMINISTRATIVE FUND | ||
| O | 345949 | COST |
| NAMIC GROUP INSURANCE TRUST | ||
| O | 132429 | COST |
| NAMIC SERVICE CORPORATION | ||
| O | 581466 | COST |
Comments