Cause IQ organization profile

National Association of Independent Life Brokerage (NAILBA)

NAILBA is a trade / professional association based in Fairfax, VA that was founded in 1982. As of 2018 they had $2.3 million in revenue and $2.3 million in assets.

NAILBA's mission is to further the growth and success of independent insurance brokerage distribution.

Previous legal names or variations of their name include: National Association Of Independent Life Brokerage Agencies.

EIN:

36-3209661

City:

Fairfax

State:

Virginia

Metro:

Washington-Arlington-Alexandria, DC-VA-MD-WV

Website:

nailba.org

Phone:

(703) 383-3081

Facebook:

facebook.com/NAILBAHQ

Twitter:

@nailba

Founded:

1982

Type:

501(c)(6)

NTEE:

S41: Trade / professional associations and chambers of commerce

Revenue:

$2,318,927

Assets:

$2,322,700

Employees:

Fiscal year end:

June

Revenue trends:

Asset trends:

Program areas at NAILBA

Annual meeting: Faciliated the exchange of information concerning independent life agencies via workshop and presentations by various speakers, attendance-approxmately 1,000.

Foundation Support: Provided operational supports to NAILBA Charitable Foundation.

Publication: Disseminated technical and general information related to industry in newsletters and magazines. Approxmately 5,500 receipients.

Form 990s for NAILBA

Fiscal year ending	Date received by IRS	Form	PDF link
2018-06	Sep 14, 2019	990	View PDF
2017-06	Nov 15, 2018	990	View PDF
2016-06	Sep 27, 2017	990O	View PDF
2015-06	Aug 2, 2016	990O	View PDF
2014-06	Jul 6, 2015	990O	View PDF
...and five more Form 990 PDFs

Financials for NAILBA

Field	2018	2017
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$0	$0
Related organizations	$0	$0
Government grants (contributions)	$0	$0
Normal grants, contributions, etc.	$0	$0
<em>Non-cash contributions included in above</em>	$0	$0
Total grants, contributions, etc.	$0	$0

Field	2018	2017	% Change
Total grants, contributions, etc.	$0	$0
Program services	$2,154,151	$2,349,632	-8.3%
Investment income and dividends	$164,776	$53,665	207.0%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$0	$0
Net rental income	$0	$0
Net gain from sale of non-inventory assets	$0	$148,457	-100%
Net income from fundraising events	$0	$0
Net income from gaming activities	$0	$0
Net income from sales of inventory	$0	$0
Miscellaneous revenues	$0	$6,633	-100%
Total revenues	$2,318,927	$2,558,387	-9.4%

Field	2018	2017	% Change
Grants to govts. and orgs. in USA	$5,000	$200	2400%
Grants to individuals in USA	$0	$0
Grants to govts., orgs., and individuals outside USA	$0	$0
Benefits paid to or for members	$0	$0
Compensation of current officers, etc.	$169,904	$404,698	-58.0%
Compensation not included above, to disqualified persons	$0	$0
Non-officer salaries and wages	$419,956	$465,023	-9.7%
Pension/retirement accruals and contributions	$12,252	$10,091	21.4%
Other employee benefits	$79,621	$31,045	156.5%
Payroll taxes	$39,295	$53,790	-26.9%
Management fees	$0	$0
Legal fees	$18,950	$43,876	-56.8%
Accounting fees	$88,428	$74,811	18.2%
Lobbying fees	$0	$0
Pro. fundraising fees	$0	$0
Investment mgmt fees	$12,639	$21,421	-41.0%
Other fee-for-service	$95,444	$121,942	-21.7%
Advertising and promotion	$0	$0
Office expenses	$86,701	$79,835	8.6%
Information tech. expenses	$37,296	$80,911	-53.9%
Royalty expenses	$0	$0
Occupancy	$117,615	$134,823	-12.8%
Travel	$101,066	$86,771	16.5%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$1,229,661	$1,292,320	-4.8%
Interest	$0	$0
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$6,545	$6,962	-6.0%
Insurance	$14,746	$16,949	-13.0%
All other expenses	$229,388	$189,402	21.1%
Total expenses	$2,764,507	$3,114,870	-11.2%

Field	2018	2017	% Change
Cash (non-interest-bearing)	$599,846	$384,795	55.9%
Savings, short-term investments, etc.		$26,927	-31.5%
Pledges and grants receivable	$0	$0
Accounts receivable	$26,912	$438	6044.3%
Loans receivable from officers, directors, etc.	$0	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$0	$0
Inventories for use	$0	$0
Prepaid expenses and deferred charges	$166,063	$165,257	0.5%
Buildings, equipment, etc. post-depreciation	$11,760	$2,999	292.1%
Investments, publicly traded securities	$1,503,333	$2,472,696	-39.2%
Investments, other securities	$0	$0
Investments, program-related	$0	$0
Intangible assets	$0	$0
Other assets	$14,786	$14,521	1.8%
Total assets	$2,322,700	$3,067,633	-24.3%

Field	2018	2017	% Change
Accounts payable and accrued expenses	$25,854	$45,876	-43.6%
Grants payable	$0	$0
Deferred revenue	$611,988	$1,000,474	-38.8%
Tax-exempt bond liabilities	$0	$0
Escrow or custodial account liability	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$0	$0
Unsecured notes and loans payable to unrelated third parties	$0	$0
Other liabilities	$0	$0
Total liabilities	$637,842	$1,046,350	-39.0%

Field	2018	2017	% Change
Unrestricted net assets	$1,684,858	$2,021,283	-16.6%
Temporarily restricted net assets	$0	$0
Permanently restricted net assets	$0	$0

Vendors for NAILBA

Vendor	Services	Amount paid	Date
Microsoft Services	Software		2020-09-09
████████████	Association management software; CRM software; Content management system software; Marketing software		2020-09-09
██████ █████	Content management system software		2020-09-09
█████ █████	Tax accounting		2019-05-13
██████████ ████████ ██████	Speaking Fees	$138,099	2017-06-01
███	Event Planning	$173,661	2017-06-01
████ ███ █████	Tax accounting		2014-05-22

Personnel at NAILBA

Name	Title	Compensation	Most recent data
Dan Labert	Chief Executive Officer	-	Aug. 29, 2019
Joangel Concepcion	Director of Membership and Digital Engagement	-	Aug. 29, 2019
█████ ███████	Director of Exhibits and Sponsorship	-	Aug. 29, 2019
█████ █████	Director, Nailba Charitable Foundation	-	Aug. 29, 2019
██████ ██████	Past Chief Executive Officer	$169,904	June 30, 2018
████ ██████	Chair	$0	Aug. 29, 2019
██████ ██████	Chair / Secretarytreasurer	$0	Aug. 29, 2019
███████ ██ ██████	Chairman	$0	Aug. 29, 2019
█████ ██████	Immediate Past Chairman	$0	June 30, 2018
...and one more key personnel

Peer trade / professional associations and chambers of commerce

	Name	Type	Revenue	Location
1	Conexxus	501(c)(6)	$1.3 million	Alexandria, VA
2	Lawyers for Civil Justice (LCJ)	501(c)(6)	$1.4 million	Arlington, VA
3	Virginia Restaurant Lodging Travel Association	501(c)(6)	$1.1 million	Richmond, VA
4	Kitchen Cabinet Manufacturers Association (KCMA)	501(c)(6)	$2.1 million	Reston, VA
5	Charlottesville Regional Chamber of Commerce	501(c)(6)	$639,593	Charlottesville, VA
6	American Boiler Manufacturers Association (ABMA)	501(c)(6)	$1.4 million	Vienna, VA
7	National Commission for the Cert of Crane Operators (NCCCO)	501(c)(6)	$10 million	Fairfax, VA
8	EIFS Industry Members Association	501(c)(6)	$920,464	Falls Church, VA
9	Travel Tech The Travel Technology Association	501(c)(6)	$2.2 million	Arlington, VA
10	The Association of Union Constructors (TAUC)	501(c)(6)	$2.7 million	Arlington, VA
11	State Government Affairs Council (SGAC)	501(c)(6)	$1.1 million	Alexandria, VA
12	Society of Chemical Manufacturers and Affiliates (SOCMA)	501(c)(6)	$4.5 million	Arlington, VA
13	American Seed Trade Association (ASTA)	501(c)(6)	$6.4 million	Alexandria, VA
14	Independent Lubricant Manufacturers Association (ILMA)	501(c)(6)	$4.1 million	Alexandria, VA
15	Association of Independent Corrugated Converters (AICC)	501(c)(6)	$4.0 million	Alexandria, VA
16	Polyisocyanurate Insulation Manufacturers Association (PIMA)	501(c)(6)	$1.7 million	Arlington, VA
17	Copper Development Association	501(c)(6)	$8.2 million	Mclean, VA
18	North American Insulation Manufacturers Association (NAIMA)	501(c)(6)	$4.0 million	Alexandria, VA
19	Foodservice Packaging Institute (FPI)	501(c)(6)	$1.9 million	Falls Church, VA
20	The Monitoring Association (CSAA)	501(c)(6)	$2.3 million	Mclean, VA
21	International Wood Products Association (IWPA)	501(c)(6)	$950,710	Alexandria, VA
22	National Grocers Association (NGA)	501(c)(6)	$8.0 million	Arlington, VA
23	North American Millers' Association (NAMA)	501(c)(6)	$1.6 million	Arlington, VA
24	Association of the Wall and Ceiling Industries (AWCI)	501(c)(6)	$4.5 million	Falls Church, VA
25	International Liquid Terminals Association (ILTA)	501(c)(6)	$2.8 million	Arlington, VA

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Cause IQ organization profile

National Association of Independent Life Brokerage (NAILBA)

Program areas at NAILBA

Form 990s for NAILBA

Financials for NAILBA

Vendors for NAILBA

Personnel at NAILBA

Peer trade / professional associations and chambers of commerce

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