2023-11-14T16:15:15-06:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 2021 SPRING ROAD SUITE 200 OAK BROOK IL 60523 990 2022-01-01 814966111 MDRT ACADEMY MDRT 8476926378 325 W TOUHY AVE PARK RIDGE IL 60068 STEPHEN P STAHR CEO 8476926378 2023-11-13 1 STEPHEN STAHR 999009999 1 MELISSA STRUCK P01310867 6305738600 2023-11-12 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STEPHEN P STAHR 325 W TOUHY AVE PARK RIDGE IL 60068 263725 0 X WWW.MDRT.ORG X 2017 IL A PROFESSIONAL ASSOCIATION AND COMMUNITY FOR ADVISORS STRIVING TO ACHIEVE MDRT-LEVEL PRODUCTION THAT'S AVAILABLE IN AN ENTIRELY MOBILE WORLD. 5 0 0 10 0 0 0 0 192225 263725 0 0 0 0 192225 263725 0 0 0 0 0 0 0 0 0 2216916 2784541 2216916 2784541 -2024691 -2520816 620343 1007161 2645034 5552668 -2024691 -4545507 A PROFESSIONAL ASSOCIATION AND COMMUNITY FOR ADVISORS STRIVING TO ACHIEVE MDRT-LEVEL PRODUCTION THAT'S AVAILABLE IN AN ENTIRELY MOBILE WORLD. 0 0 BACKED BY MDRT'S CULTURE OF SHARING, WHICH IS PROVEN TO EMPOWER GROWTH, THE MDRT ACADEMY'S TECHNOLOGY-ENABLED SYSTEM DELIVERS INNOVATIVE IDEAS FROM MDRT EXPERTS AND PREMIER COACHES. MDRT ACADEMY MEMBERS CAN ALSO GET REAL-TIME, REAL-LIFE ANSWERS TO REAL-WORLD CHALLENGES FROM THE MDRT ACADEMY MOBILE COMMUNITY. 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 5 0 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X THE ORGANIZATION 8476926378 325 W TOUHY AVE PARK RIDGE IL 60068 IAN GREEN PAST PRESIDENT 1.00 5.00 X X 0 29720 0 RANDY SCRITCHFIELD PAST PRESIDENT 1.00 10.00 X X 0 49980 0 PEGGY TSAI PRESIDENT 1.00 5.00 X X 0 52680 0 GREG GAGNE 1ST VICE PRESIDENT 1.00 5.00 X X 0 47280 0 CAROL KHENG 2ND VICE PRESIDENT 1.00 5.00 X X 0 44580 0 JOHN NICHOLS SECRETARY 1.00 5.00 X X 0 14860 0 STEPHEN STAHR CEO 1.00 50.00 X 0 931119 224711 MARK LEON SENIOR DIRECTOR, FINANCE 10.00 40.00 X 0 116780 13101 0 1286999 237812 0 0 1 0 0 MEMBERSHIP INCOME 611430 263725 263725 263725 263725 263725 0 0 X 18107 1091783 306117 35 1222706 2440 18942 CONTENT DEVELOPMENT 108858 MISCELLANEOUS EXPENSE 15553 2784541 619815 652993 528 349068 5100 620343 1007161 478494 178451 2475 135300 2164065 5238917 2645034 5552668 X -2024691 -4545507 -2024691 -4545507 620343 1007161 -2520816 0 X X 0 0 0 0 1 0 0 DUE TO AFFILIATE 5238917 5238917 X PART X, LINE 2: MDRT ACADEMY FOLLOWS THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS. MDRT HAS DETERMINED THAT IT IS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2022 AND 2021. 0 1 0 STEPHEN STAHR CEO 0 769116 0 162003 0 0 0 195528 0 29183 0 1155830 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE MDRT ACADEMY IS GOVERNED AND MANAGED BY THE MILLION DOLLAR ROUND TABLE EXECUTIVE COMMITTEE WHICH FUNCTIONS AS THE BOARD OF GOVERNANCE. THE COMMITTEE HAS FIVE VOTING OFFICERS AND INCLUDES THE CHIEF EXECUTIVE OFFICER AS EX-OFFICIO, NON-VOTING MEMBER. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS ONE CLASS OF MEMBERSHIP: QUALIFYING. THIS CLASS OF MEMBERSHIP SHALL BE A PRIVILEGE WHICH MAY BE GRANTED OR WITHHELD EACH YEAR BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION SUPPLIED BY MANAGEMENT. A DRAFT OF THE RETURN IS REVIEWED BY MANAGEMENT WITH ANY APPROPRIATE CHANGES BEING INCORPORATED INTO THE DOCUMENT BEFORE BEING PROVIDED TO THE GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH EXECUTIVE COMMITTEE MEMBER IS REQUIRED TO AGREE TO THE CONFLICT OF INTEREST POLICY AND ACKNOWLEDGES THIS BY SIGNING THE CONFLICT OF INTEREST POLICY STATEMENT ON AN ANNUAL BASIS. COMPLIANCE IS MONITORED BY THE EXECUTIVE COMMITTEE ON AN ANNUAL BASIS. THE POLICY REQUIRES FULL AND PROMPT DISCLOSURE TO THE EXECUTIVE COMMITTEE OF ALL RELEVANT FACTS REGARDING ANY POSSIBLE CONFLICTS OF INTEREST. EACH EXECUTIVE COMMITTEE MEMBER AGREES TO INFORM IN WRITING AN OFFICER OF MDRT NOT AFFECTED BY THE CONFLICT. THEY MUST THEN REFRAIN FROM EXECUTIVE COMMITTEE DISCUSSION WITH RESPECT TO THE MATTER AND REFRAIN FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G BANK FEES 1,691. PROFESSIONAL FEES 1,090,092. FORM 990, PART XII, LINE 2C THE ORGANIZATION'S EXECUTIVE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. MILLION DOLLAR ROUND TABLE 325 W TOUHY AVENUE PARK RIDGE IL 60068 362138427 INSURANCE AND INVESTMENT PROFESSIONALS NETWORK IL 501(C)(6) N/A 0 MILLION DOLLAR ROUND TABLE FOUNDATION 325 W TOUHY AVENUE PARK RIDGE IL 60068 366080766 GRANT MAKING TO OTHER CHARITABLE ORGANIZATIONS IL 501(C)(3) LINE 7 N/A 0 MDRT BUSINESS SERVICES INC 325 W TOUHY AVE PARK RIDGE IL 60068 842883648 CREATE AND SELL PRODUCTS AND SERVICES IL MILLION DOLLAR ROUND TABLE C 0 MDRT GLOBAL SERVICES 325 W TOUHY AVE PARK RIDGE IL 60068 842903878 AN ASSOCIATION DESIGNED FOR INFLUENCERS IN THE INDUSTRY TO ENGAGE WITH MDRT. IL MILLION DOLLAR ROUND TABLE C 0 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 MILLION DOLLAR ROUND TABLE E 5238917 CASH MILLION DOLLAR ROUND TABLE D 218168 CASH