2023-11-14T05:37:43-08:00 2022-12-31 521185156 Lydon Fetterolf Corydon PA 9401 Key West Avenue Rockville MD 20850 990 2022-01-01 521904610 Life and Health Insurance Foundation for Education dba Life Happens LIFE 7038884440 1000 WILSON BLVD 1890 Arlington VA 22209 John Flatley Interim CEO 2023-11-14 true John Flatley 999009999 true Jeff Corydon IV CPA CFP P00297218 3019484400 0 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z X Michael Weintraub 1000 WILSON BLVD 1890 Arlington VA 22209 2255724 false X www.lifehappens.org X 1994 DC to educate the public about insurance products and the value of seeking professional advice. 14 14 17 14 0 3411561 1802098 460988 456330 59 -3988 1284 3872608 2255724 0 0 1760269 1778301 0 0 1890451 1911949 3650720 3690250 221888 -1434526 4929760 2862476 832628 860283 4097132 2002193 life Happens is a nonprofit organization dedicted to helping consumers take personal financial responsibility through the ownership of life insurance and related products. The organization does not endors any product, company or insurance advisor. Since its inception in 1994, Life Happens has provided the highest qualtiy, independent and objective information for people seeking help with their insurance buying decisions. The organization is on the leading edge of technology innovation to support the insurance industry by providing marketing and social-media tools and resources through its proprietary life happens pro digital platform. In addtion, it convenes the industry each September for life insurance awareness month, which it created in 2004. Life Happens is supported by more than 140 of the nation's leading insurance company and financial services organizations. to learn more visit www.lifehappens.org. false false Media and public relations - the foundation and its media relations team worked on keeping the public informed on the value of insurance. its usage of awareness months and spokespeople has greatly increased the coverage of the foundation's programs and educational peices receive. The foundation's advertising outreach is an effort to educate consumers and energize the field. we advertise on consumer websites with digital advertisiements featuring stories from teh awareness month campaign, real life stroes or life lessons programs. these ads appeared on the following websites: hulu, youtubew, aol, and many other online sites and media platforms. digital platform - the foundation's newly launched platform which provides all of the foundation's resources in a digital format to be used by insurance companies and agents in educating consumers about life insurance and its related products. false true false true false false false false false true false false true false true false false false false false false false false false false false false false true false false false false false false false false false false false true true false false true 12 0 true 17 true false false false false true true false false false X 14 14 false false false false true true true true true false false true true true true true false true false false VA X X NAIFA 7038884440 1000 WILSON BLVD SUITE 1890 ARLINGTON VA 22209 Faisa Stafford President 27.50 10.00 X 289599 0 35786 Margaret Leyes CCO 35.00 10.00 X 179979 0 27811 Joshua Dunham CRO 35.00 10.00 X 167144 0 9393 Richard Pratte Head of Product 35.00 10.00 X 131814 0 26306 Jeremy Vaught Dir of Engineering 35.00 10.00 111179 0 14116 Barb Pietrangelo Vice Chair 2.50 0.50 X X 0 0 0 Kim Harding CFP CLU CLTC Past Chair 2.50 0.50 X X 0 0 0 Mark Hanna CLU ChFC AIF Director 2.50 0.50 X X 0 0 0 Eric Miller Chair 2.50 0.50 X X 0 0 0 Michael Weintraub Treasurer 2.50 0.50 X X 0 0 0 John Flatley Interim CEO 27.50 0.00 X X 0 0 0 Kari Axberg Director 0.50 0.50 X 0 0 0 R Jan Pinney Director 0.50 0.50 X 0 0 0 Kevin Brayton Director 0.50 0.50 X 0 0 0 David Rosuck Director 0.50 0.50 X 0 0 0 Brent M Bynum Director 0.50 0.50 X 0 0 0 Ted Rusinoff Director 0.50 0.50 X 0 0 0 Brian Schwingler Director 0.50 0.50 X 0 0 0 Ben Laramee Director 0.50 0.50 X 0 0 0 879715 113412 5 false true false KWT GLOBAL LLC ONE WORLD TRADE CENTER FULTON ST NEW YORK NY 10007 MEDIA RELATIONS 329117 1 347073 1455025 1802098 Member Dues 900099 108768 108768 PLATFORM SALES 900099 347562 347562 456330 6 6 0 0 0 -3994 -3994 -3994 -3994 0 0 0 miscellaneous income 900099 1284 1284 1284 2255724 457614 -3988 0 0 0 0 867832 0 793942 0 16242 100285 92250 6565 115993 0 0 0 0 744175 11504 10530 0 43665 128318 0 52437 14615 0 56181 14734 Bad Debt Expense 211216 Promotion/outreach 120676 kwt time 72053 spokesperson 66250 150787 3690250 0 0 0 0 873460 38919 1269412 137210 94662 58875 0 0 0 0 4745 11028 1147795 961329 194441 186466 0 0 0 0 2493040 2429978 4929760 2862476 239596 502693 121265 107590 458796 250000 12971 832628 860283 X 3345624 1961770 751508 40423 4097132 2002193 4929760 2862476 -1434526 -660413 X true X false false false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false true false 9059 9059 42479 42479 1096257 909791 186466 186466 due from the life fund 2429978 2429978 X Part X : FIN48 Footnote LIFE HAPPENS EVALUATED ITS UNCERTAINTY IN INCOME TAXES FOR THE YEAR ENDED DECEMBER 31, 2022, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF DECEMBER 31, 2022, THE STATUTE OF LIMITATIONS FOR LIFE Happen'S INCOME TAX RETURN FOR THE YEARS ENDED DECEMBER 31, 2019, 2020,AND 2021 REMAIN OPEN WITH THE fEDERAL, STATE, AND LOCAL AUTHORITIES. X X X X X false false false Faisa Stafford President 289599 18104 17682 325385 Joshua Dunham CRO 167144 8357 1036 176537 Margaret Leyes CCO 179979 8999 18812 207790 Richard Pratte Head of Product 131814 6591 19715 158120 Form 990, Part VI, Section A, Line 6 THE FOUNDATION HAS THREE CLASSES OF MEMBERS: ASSOCIATION MEMBERS, PARTNERMEMBERS, AND FOUNDATION ASSOCIATES. EACH ASSOCIATION AND PARTNER MEMBER AREBE ENTITLED TO ONE VOTE ON EACH MATTER SUBMITTED TO A VOTE OF THEASSOCIATION AND PARTNER MEMBERS. FOUNDATION ASSOCIATES MAY NOT VOTE. Form 990, Part VI, Section A, Line 7a EACH ASSOCIATION AND PARTNER MEMBER WILL APPOINT ONE MEMBER OF THE BOARD OFDIRECTORS WHO WILL SERVE FOR A TWO YEAR TERM. Form 990, Part VI, Section A, Line 7b THE FOUNDATION'S MEMBERS BY A MAJORITY VOTE OF ITS MEMBERS MAY AMEND THEBYLAWS AT ANY REGULAR OR SPECIAL MEETING. Form 990, Part VI, Section B, Line 11b THE FEDERAL FORM 990 IS FIRST REVIEWED BY THE PRESIDENT/CEO AND TREASURER.IT IS THEN SENT TO THE FINANCE COMMITTEE AND THE FULL BOARD OF DIRECTORSPRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE Form 990, Part VI, Section B, Line 12c NEW BOARD MEMBERS ARE PROVIDED WITH A CONFLICT POLICY THE FIRST YEAR THEYARE ON THE BOARD OF DIRECTORS. THE POLICY IS REVISITED EVERY YEAR AT THESPRING BOARD MEETING. AS FOR EMPLOYEES, THE POLICY IS INCLUDED IN THEEMPLOYEE HANDBOOK. THE CONFLICT OF INTEREST DISCLOSURE IS MONITORED ON ANANNUAL BASIS.THE PRESIDENT/CEO IS RESPONSIBLE FOR REVIEWING ANY CONFLICTS OR POTENTIALCONFLICTS OF INTEREST. ONCE REVIEWED, THE MATTER IS BROUGHT TO THEATTENTION OF THE EXECUTIVE COMMITTEE WHO MAKES THE FINAL DECISION. IF ACONFLICT DOES EXIST, LIMITS MAY INCLUDE RECUSE FROM VOTING AND PROHIBITINGTHE MEMBER FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS ANDDECISIONS IN THE TRANSACTION Form 990, Part VI, Section B, Line 15a COMPARABLES FOR LOCATION AND TITLES ARE RESEARCHED THROUGH THE SOCIETY FORHUMAN RESOURCE MANAGEMENT AND AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES.IT IS THEN REVIEWED BY THE PRESIDENT/CEO. LASTLY, THE FINAL SALARY RANGESARE SENT TO THE TREASURER. THE PRESIDENT/CEO'S SALARY IS REVIEWED BY THEENTIRE EXECUTIVE COMMITTEE. THE LAST COMPENSATION REVIEW WAS PERFORMED IN2019. Form 990, Part VI, Section C, Line 18 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY,AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE DOCUMENTS ARE MAILED TO THE RECIPIENT AS SOON AS THE REQUEST IS RECEIVED. Form 990, Part VI, Section C, Line 19 No documents available to the public. the Life Fund 1000 WILSON BLVD SUITE 1890 Arlington VA 22209 522316124 educational DC 501(c)(3) lINE 12A, I life and health insurance Foundation true false false false false false false false false false false false false false true true false true false false the Life Fund q 357522 COST