2025-11-10T14:11:02-06:00 2024-12-31 881478669 CBIZ ADVISORS LLC 1899 L STREET NW 850 WASHINGTON DC 20036 990 2024-01-01 521904610 LIFE AND HEALTH INSURANCE FOUNDATION FOR EDUCATION LIFE 7037708100 1000 WILSON BOULEVARD 1890 ARLINGTON VA 22209 ERNI DAVIS CPA, CFO 7037708100 2025-11-10 1 1 FOX AARON P01365820 2022274000 2025-11-10 2024 2025-03-06 01:10:19Z LIFE HAPPENS KEVIN M MAYEUX 1000 WILSON BOULEVARD 1890 ARLINGTON VA 22209 1445866 0 X WWW.LIFEHAPPENS.ORG X 1994 DC TO EDUCATE THE PUBLIC ABOUT INSURANCE PRODUCTS AND THE VALUE OF SEEKING PROFESSIONAL ADVICE. 6 6 0 174 0 0 403333 1053080 161073 291792 0 301 0 100693 564406 1445866 0 0 0 0 382156 1131261 0 0 0 304637 857989 686793 1989250 -122387 -543384 339380 156534 1244896 1605567 -905516 -1449033 X LIFE HAPPENS IS A NONPROFIT ORGANIZATION DEDICATED TO HELPING CONSUMERS TAKE PERSONAL FINANCIAL RESPONSIBILITY THROUGH THE OWNERSHIP OF LIFE INSURANCE AND RELATED PRODUCTS. THE ORGANIZATION DOES NOT ENDORSE ANY PRODUCT, COMPANY, OR INSURANCE ADVISOR. SINCE ITS INCEPTION IN 1994, LIFE HAPPENS HAS PROVIDED THE HIGHEST QUALITY, 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 ADDITION, 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. 0 0 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 HAVE GREATLY INCREASED THE COVERAGE OF THE FOUNDATION'S PROGRAMS AND EDUCATIONAL PIECES RECEIVE. THE FOUNDATION'S ADVERTISING OUTREACH IS AN EFFORT TO EDUCATE CONSUMERS AND ENERGIZE THE FIELD. WE ADVERTISE ON CONSUMER WEBSITES WITH DIGITAL ADVERTISEMENTS FEATURING STORIES FROM THE AWARENESS MONTH CAMPAIGN, REAL LIFE STORIES OR LIFE LESSONS PROGRAMS. THESE ADS APPEARED ON THE FOLLOWING WEBSITES: HULU, YOUTUBE, AOL, AND MANY OTHER ONLINE SITES AND SOCIAL MEDIA PLATFORMS. DIGITAL PLATFORM - THE FOUNDATION'S NEWLY LAUNCHED PLATFORM WHICH PROVIDES ALL 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. 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 9 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 6 6 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 0 1 0 0 X ERNI DAVIS 7037708100 1000 WILSON BOULEVARD 1890 ARLINGTON VA 22209 BARB PIETRANGELO CHAIR 2.50 1.00 X 0 0 0 MARK HANNA CLU CHFC AIF CHAIR ELECT 2.50 1.00 X 0 0 0 MICHAEL WEINTRAUB TREASURER 2.50 1.00 X 0 0 0 PAUL DOUGHERTY SECRETARY 2.50 1.00 X 0 0 0 LARRY HOLZBERG DIRECTOR 3.00 0.00 X 0 0 0 R JAN PINNEY DIRECTOR 2.50 1.00 X 0 0 0 KEVIN MAYEUX CEO 10.00 35.00 X 0 613741 28774 ERNI DAVIS CFO 10.00 35.00 X 0 225375 27954 BRIAN STEINER EXECUTIVE DIRECTOR 10.00 35.00 X 0 238906 9611 TOM COTHRON PRESIDENT-ELECT 10.00 35.00 X 0 1451 0 0 1079473 66339 0 0 1 0 0 1053080 1053080 PLATFORM SALES 900099 231792 231792 SERVICE FEES 900099 60000 60000 291792 301 301 SETTLEMENT GAIN 900099 100693 100693 100693 1445866 291792 0 100994 X 1126251 1714 3296 79307 9114 49066 404993 69869 6692 128020 12779 32203 10484 16294 BANK FEES 37175 STAFF TRAINING AND DUES 1200 LICENSE FEES 630 TAXES 103 60 1989250 185480 21892 17879 1804 136021 132838 339380 156534 974211 1329342 20685 9541 250000 250000 0 16684 1244896 1605567 X -905516 -1449033 -905516 -1449033 339380 156534 -543384 -133 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO CHAPTER FOUNDATION 16684 16684 X PART X, LINE 2: LIFE HAPPENS EVALUATED ITS UNCERTAINTY IN INCOME TAXES FOR THE YEAR ENDED DECEMBER 31, 2024, 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. 0 0 0 KEVIN MAYEUX CEO 0 511419 0 100000 0 2322 0 10350 0 18424 0 642515 0 0 ERNI DAVIS CFO 0 208053 0 15000 0 2322 0 6252 0 21702 0 253329 0 0 BRIAN STEINER EXECUTIVE DIRECTOR 0 238385 0 0 0 521 0 6613 0 2998 0 248517 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION'S GOVERNING BODY HAS DELEGATED ALL DAY-TO-DAY MANAGEMENT AND OPERATIONAL DUTIES TO ITS PARENT ORGANIZATION, NAIFA. THE PARENT ORGANIZATION IS RESPONSIBLE FOR GENERAL OVERSIGHT OF PROGRAMS. A MANAGEMENT FEE IS PAID ANNUALLY TO THE PARENT ORGANIZATION TO COVER THESE SERVICES. FORM 990, PART VI, SECTION A, LINE 6 NAIFA IS THE SOLE MEMBER OF THE FOUNDATION (LIFE HAPPENS). FORM 990, PART VI, SECTION A, LINE 7A AS THE SOLE MEMBER OF THE FOUNDATION, NAIFA HAS THE AUTHORITY TO ELECT THE FOUNDATION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE FOUNDATION'S MEMBERS BY A MAJORITY VOTE OF ITS MEMBERS MAY AMEND THE BYLAWS AT ANY REGULAR OR SPECIAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE FEDERAL FORM 990 IS FIRST REVIEWED BY THE CEO, COO AND CFO. IT IS THEN SENT TO THE FINANCE COMMITTEE AND THE FULL BOARD OF DIRECTORS PRIOR 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 THEY ARE ON THE BOARD OF DIRECTORS. THE POLICY IS REVISITED EVERY YEAR AT THE SPRINGBOARD MEETING. AS FOR EMPLOYEES, THE POLICY IS INCLUDED IN THE EMPLOYEE HANDBOOK. THE CONFLICT-OF-INTEREST DISCLOSURE IS MONITORED ON AN ANNUAL BASIS. THE CEO IS RESPONSIBLE FOR REVIEWING ANY CONFLICTS OR POTENTIAL CONFLICTS OF INTEREST. ONCE REVIEWED, THE MATTER IS BROUGHT TO THE ATTENTION OF THE EXECUTIVE COMMITTEE WHO MAKES THE FINAL DECISION. IF A CONFLICT DOES EXIST, LIMITS MAY INCLUDE RECUSE FROM VOTING AND PROHIBITING THE MEMBER FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A COMPARABLE FOR LOCATION AND TITLES ARE RESEARCHED THROUGH THE SOCIETY FOR HUMAN RESOURCE MANAGEMENT AND AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES. IT IS THEN REVIEWED BY THE PRESIDENT/CEO. LASTLY, THE FINAL SALARY RANGES ARE SENT TO THE TREASURER. THE PRESIDENT/CEO'S SALARY IS REVIEWED BY THE ENTIRE EXECUTIVE COMMITTEE. THE LAST COMPENSATION REVIEW WAS PERFORMED IN 2019. FORM 990, PART VI, SECTION C, LINE 19 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 IX, LINE 11G OTHER PROFESSIONAL FEES 169,369. PAYROLL PROCESSING FEES 1,400. DESIGN/ARTWORK 7,522. MARKETING/VIDEO PRODUCTION 226,702. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE LIFE FUND 1000 WILSON BLVD SUITE 1890 ARLINGTON VA 22209 522316124 EDUCATIONAL DC 501(C)(3) LINE 12A, I NATIONAL ASSOCIATION OF INSURANCE AND FINANCIAL ADVISORS 0 NATIONAL ASSOCIATION OF INSURANCE AND FINANCIAL ADVISORS 1000 WILSON BLVD SUITE 1890 ARLINGTON VA 22209 530232489 MEMBERSHIP DC 501(C)(6) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 THE LIFE FUND Q 60000 COST