National Association Of Independent Insurers in Des Plaines, Illinois (IL)

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National Association Of Independent Insurers
Employer Identification Number (EIN)362078391
Name of OrganizationNational Association Of Independent Insurers
AddressDes Plaines, IL 60018
Tax Period2002
Asset Amount$39,422,470
Amount of Income$34,466,567
Form 990 Revenue Amount$34,466,567
National Taxonomy of Exempt Entities (NTEE)Mutual/Membership Benefit Organizations, Other: Mutual Insurance Company or Association


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Amount of income in 2002: $34,466,567
This organization: 

 $34,466,567
Other organizations performing similar types of work: 

 $247,541

Assets in 2002: $39,422,470
This organization: 

 $39,422,470
Other organizations performing similar types of work: 

 $508,320

Expenses in 2002: $31,169,820
National Association Of Independent Insurers: 

 $31,169,820
Other organizations performing similar types of work: 

 $22,641,420

Income to expenses ratio in 2002: 1.1
National Association Of Independent Insurers: 

 1.1
Other organizations performing similar types of work: 

 1.5

Number of employees in 2002: 198
This organization: 

 198
Other organizations performing similar types of work: 

 198

Employees paid over $50,000 in 2002: 0.0%
National Association Of Independent Insurers: 

 0.0%
Other organizations performing similar types of work: 

 11.1%

Financial snapshot ($)

Revenue for 2002

Assets at end of 2002

Income-Producing Activities for 2002

Revenue, Expenses, and Changes in Net Assets or Fund Balances
200020012002
Total revenue$31,140,045$30,412,666$34,466,567
Contributions, gifts, grants, and similar amounts received$0$0$0
Contributions to donor advised funds
Direct public support$0$0$0
Indirect public support$0$0$0
Government contributions (grants)$0$0$0
Program service revenue including government fees and contracts$1,551,841$1,680,222$1,838,528
Membership dues and assessments$27,145,235$28,479,561$31,027,053
Interest on savings and temporary cash investments$559,881$171,790$134,156
Dividends and interest from securities$1,399,180$1,193,138$1,048,279
Net rental income or (loss)$0$0$0
Gross rents$0$0$0
Less: rental expenses$0$0$0
Other investment income$0$0$0
Gain or (loss) from sales of assets other than inventory$452,999$-1,128,065$400,673
Gross amount from sales of assets other than inventory$64,892,551$60,390,901$25,102,182
Less: cost or other basis and sales expenses$64,439,552$61,518,966$24,701,509
Net income or (loss) from special events and activities$0$0$0
Gross revenue$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0
Less: cost of goods sold$0$0$0
Other revenue$30,909$16,020$17,878
Total expenses$29,349,959$30,718,735$31,169,820
Program services$0$0$0
Management and general$0$0$0
Fundraising$0$0$0
Payments to affiliates$0$0$0
Net assets or fund balances at end of year$36,436,905$35,657,278$39,422,470
Excess or (deficit) for the year$1,790,086$-306,069$3,296,747
Net assets or fund balances at beginning of year$35,964,144$36,436,905$35,657,278
Other changes in net assets or fund balances$-1,317,325$-473,558$468,445
Statement of Functional Expenses (for 2002)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$31,169,820$0$0$0
Grants paid from donor advised funds
Other grants and allocations$999,165
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$2,012,703$0$0$0
Compensation of former officers, directors, key employees, etc.
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Salaries and wages of employees not included above$11,180,904$0$0$0
Pension plan contributions not included above$2,212,077$0$0$0
Employee benefits not included above$1,140,801$0$0$0
Payroll taxes$984,157$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$73,857$0$0$0
Legal fees$557,832$0$0$0
Supplies$224,275$0$0$0
Telephone$335,509$0$0$0
Postage and shipping$257,581$0$0$0
Occupancy$661,725$0$0$0
Equipment rental and maintenance$1,371,214$0$0$0
Printing and publications$816,760$0$0$0
Travel$480,657$0$0$0
Conferences, conventions, and meetings$1,513,232$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$790,054$0$0$0
Other expenses not covered above$5,557,317$0$0$0
Balance Sheets
200020012002
Total assets$47,105,151$47,414,820$48,526,848
Cash - non-interest-bearing$1,233,844$759,716$806,666
Savings and temporary cash investments$3,185,662$2,041,495$3,195,834
Accounts receivable less allowance for doubtful accounts$334,062$224,366$216,009
Pledges receivable less allowance for doubtful accounts$0$0$0
Grants receivable$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Other notes and loans receivable less allowance for doubtful accounts$0$0$0
Inventories for sale or use$0$0$0
Prepaid expenses and deferred charges$11,568,947$13,187,714$14,822,157
Investments - publicly-traded securities
Investments - other securities$27,041,912$27,589,075$26,092,082
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0
Investments - other$100,000$100,000$100,000
Land, buildings, and equipment less accumulated depreciation$3,628,828$3,498,344$3,261,087
Other assets, including program-related investments$11,896$14,110$33,013
Total liabilities$10,668,246$11,757,542$9,104,378
Accounts payable and accrued expenses$2,839,913$2,823,979$2,931,257
Grants payable$0$0$0
Deferred revenue$571,216$605,613$820,115
Loans from officers, directors, trustees, and key employees$0$0$0
Tax-exempt bond liabilities$0$0$0
Mortgages and other notes payable$0$0$0
Other liabilities$7,257,117$8,327,950$5,353,006
Total liabilities and net assets/fund balances$47,105,151$47,414,820$48,526,848
Total net assets or fund balances$36,436,905$35,657,278$39,422,470
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
200020012002
Total revenue$31,140,045$30,412,666$34,466,567
Total revenue, gains, and other support per audited financial statements$29,759,000$29,883,000$35,150,605
Other expenses$-1,155,317$-324,120$813,886
Net unrealized gains on investments$-1,317,325$-473,558$468,445
Donated services and use of facilities$0$0$0
Recoveries of prior year grants$0$0$0
Other$162,008$149,438$345,441
Other revenue$225,728$205,546$129,848
Investment expenses$0$0$0
Other$225,728$205,546$129,848
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
200020012002
Total expenses$29,349,959$30,718,735$31,169,820
Total expenses and losses per audited financial statements$29,326,000$30,621,000$32,057,907
Other revenue$201,769$107,811$1,017,935
Donated services and use of facilities$0$0$0
Prior year adjustments$0$0$0
Losses$0$0$0
Other$201,769$107,811$1,017,935
Other expenses$225,728$205,546$129,848
Investment expenses$0$0$0
Other$225,728$205,546$129,848
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings0
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?
Does the organization have a written conflict of interest policy?
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?No
Did the organization make only in-house lobbying expenditures of $2,000 or less?No
Dues, assessments, and similar amounts from members$19,839,384
Section 162(e) lobbying and political expenditures$4,839,594
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$3,945,479
Taxable amount of lobbying and political expenditures$894,115
Does the organization elect to pay the section 6033(e) tax on the amount above?No
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?
Did the organization acquire a direct or indirect interest in any applicable insurance contract?
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?
Number of employees employed in the pay period that includes March 12, 2006198
Analysis of Income-Producing Activities (for 2002)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$7,000$1,585,484$32,874,083
Program service revenue
Program service revenue 1000000$000$0$1,770,677
Program service revenue 2000000$000$0$60,851
Program service revenue 3Advertising and related services$7,00000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$31,027,053
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$134,156$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$1,048,279$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$400,673$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$0Income from an activity that is not regularly carried on (section 512(a)(1))$2,376$15,502
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2002)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2002)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2002)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
Enter the total number of donor advised funds owned at the end of the tax year
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year
Reason for Non-Private Foundation Status
The organization is not a private foundation because it is
Support Schedule
199920002001
Total$0$0$0
Gifts, grants, and contributions received$0$0$0
Membership fees received$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0
Net income from unrelated business activities not included above$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0
Other income$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2002)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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20Austinland Reinsurance Limited307 N Michigan Ave Ste 405, Chicago, IL 60601-5318IL2005-07$0
Number of organizations performing similar types of work
Arizona10
California14
Florida1
Illinois10
Indiana1
Kansas2
Michigan1
Missouri4
North Carolina2
Nevada2
Ohio2
Oklahoma1
Rhode Island1
Tennessee1
Texas5
Utah1
International11
Total69

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