INTERCOMPANY LONG TERM CARE INSURA… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Phone

4156379239

Tax Period

2023-07-01 to 2024-06-30

INTERCOMPANY LONG TERM CARE INSURANCE CONFERENCE ASSOCIATION I, founded in 2005, is a small nonprofit in the Health Care sector that reported $978K in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $235K, a strong 24% operating margin.

Mission

Providing an educational event - Annual Intercompany Long Term Care Insurance ILTCI Conference.

Program Service Accomplishments

Program 1

Expenses: $742,504 Revenue: $934,451

All fees are collected by ILTCI for conference attendance with the sole purpose of supporting the expense to put on the annual conference for representatives of the long term care community public...

All fees are collected by ILTCI for conference attendance with the sole purpose of supporting the expense to put on the annual conference for representatives of the long term care community public policy institutions and government agencies. The leadership organization committee consists of all industry volunteers. The number of attendees for the March 2024 conference was 980 with 50 sessions running over 3-days.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $934,451

Investment Income $43,181

Other Revenue $0

TOTAL REVENUE $977,632

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $742,504

Other Expenses $742,504

TOTAL EXPENSES $742,504

Year-over-Year Comparison

	2023	2022	Change
Revenue	$977,632	$905,176	+0.1%
Expenses	$742,504	$591,863	+0.3%
Net Income	$235,128	$313,313	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

140

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Karen Smyth	CEO	4.00	Officer Director	$0	$0	$0
Jeff Levin	President	8.00	Officer Director	$0	$0	$0
Gina Besz	Vice President	5.00	Officer Director	$0	$0	$0
Peter J Sutton	Treasurer	8.00	Officer Director	$0	$0	$0
Kimberly Martin	Secretary	5.00	Officer Director	$0	$0	$0
Steve Cain	Director at Large	2.00	Director	$0	$0	$0
Char Hu	Director at Large	2.00	Director	$0	$0	$0
Stephanie Moench	Director at Large	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$977,632	$742,504	$1,123,270	$235,128
2023	$905,176	$591,863	$888,142	$313,313
2022	$523,175	$470,912	$574,829	$52,263
2021	$67,894	$218,147	$522,566	$-150,253

INTERCOMPANY LONG TERM CARE INSURANCE CONFERENCE ASSOCIATION I