ASSOCIATION OF INSURANCE COMPLIANCE PROFESSIONALS (EIN 222912483) - Form 990 Financial Analysis & Trantor Score

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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

1988

Legal Domicile

Principal Officer

MELISSA POMERENE

Phone

7032344074

Tax Period

2023-01-01 to 2023-12-31

ASSOCIATION OF INSURANCE COMPLIANCE PROFESSIONALS, founded in 1988, is a small nonprofit that reported $923K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $852K left a modest 8% surplus.

Mission

TO PROVIDE EDUCATION AND SPONSOR, CONDUCT, OR PARTICIPATE IN RESEARCH AND EDUCATIONAL ACTIVITIES FOR THE BENEFIT OF THE INSURANCE COMMUNITY.

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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 $905,165

Investment Income $17,706

Other Revenue $449

TOTAL REVENUE $923,320

Expense Breakdown

Grants Paid $8,000

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $844,083

TOTAL EXPENSES $852,083

Year-over-Year Comparison

	2023	2022	Change
Revenue	$923,320	$760,674	+0.2%
Expenses	$852,083	$882,026	0.0%
Net Income	$71,237	$-121,352	-1.6%

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

125

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
NANCY CAMPBELL	PRESIDENT	1.00	Officer Director	$0	$0	$0
STACY KORON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
RONA PLATT	SECRETARY	1.00	Officer Director	$0	$0	$0
BRIANNE DAHL	TREASURER	1.00	Officer Director	$0	$0	$0
KAREN POLLITT	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL HARTMAN	REGIONAL DIRECTOR	1.00	Director	$0	$0	$0
ALEXANDER CRENSHAW	REGIONAL DIRECTOR	1.00	Director	$0	$0	$0
LORI STRAIGHT	REGIONAL DIRECTOR	1.00	Director	$0	$0	$0
JEAN MORIARITY	REGIONAL DIRECTOR	1.00	Director	$0	$0	$0
CARMEN BROWN	REGIONAL DIRECTOR	1.00	Director	$0	$0	$0
RACHEL GALASSO	REGIONAL DIRECTOR	1.00	Director	$0	$0	$0
DAWN WELLENBRINK	REGIONAL DIRECTOR	1.00	Director	$0	$0	$0
TERRI HITCHCOCK	REGIONAL DIRECTOR	1.00	Director	$0	$0	$0
LORI DREAVER MUNN	REGIONAL DIRECTOR	1.00	Director	$0	$0	$0
MELISSA POMERENE	EXECUTIVE DIRECTOR	10.00	Officer	$0	$0	$0
DANIEL COTTER	GENERAL COUNSEL	1.00	Officer	$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
2024	No data	No data	No data	No data
2023	$923,320	$852,083	$1,401,826	$71,237
2022	$760,674	$882,026	$1,097,958	$-121,352
2021	$539,000	$629,391	$1,396,557	$-90,391
2020	$417,754	$336,811	$1,407,279	$80,943
2019	$1,094,437	$899,046	$1,266,968	$195,391
2018	$1,079,843	$859,849	$1,041,997	$219,994

ASSOCIATION OF INSURANCE COMPLIANCE PROFESSIONALS