EIN 84-5006056

Life Insurance Consumer Advocacy Center

IRS 501(c) type
501(c)(4)
Num. employees
0
Year formed
2020
Most recent tax filings
2022-12-01
Description
Life Insurance Consumer Advocacy Center alerts the public about potential risks associated with certain types of life insurance policies, particularly life insurance investment schemes (LIIS). The Center has sponsored legislation in California to protect consumers of life insurance and annuities, including SB 927, which served as a precursor to legislative activities in 2023, such as SB 263.
Total revenues
$247,908
2022
Total expenses
$12,110
2022
Total assets
$238,556
2022
Num. employees
0
2022

Program areas at Life Insurance Consumer Advocacy Center

LICAC sponsored legislation in California to protect consumers of life insurance and annuities (SB 927) and worked hard toward its passage. The bill ultimately did not pass, but it served as a precursor to legislative activities in 2023, including SB 263, as to which LICAC continues to seek consumer protection improvements. In 2022 LICAC also provided amicus curiae support in litigation involving life insurance issues, with an eye toward improving Californias decisional law for the benefit of consumers. LICAC succeeded in obtaining the final reversal of the original, anti-consumer opinion of the California Curt of Appeal in Williams v. National Western Life Insurance Company, S269978. LICAC also provided educational content to the public through LICACs website and provided direct service to some consumers who sought help with policies they had purchased.

Financials for Life Insurance Consumer Advocacy Center

RevenuesFYE 12/2022
Total grants, contributions, etc.$247,236
Program services$0
Investment income and dividends$672
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$247,908
Data update history
March 1, 2022
Posted financials
Added Form 990N for fiscal year 2021
April 29, 2021
Posted financials
Added Form 990N for fiscal year 2020
Nonprofit Types
Social advocacy organizationsPublic sector nonprofits
Issues
Public policy
Characteristics
State / local levelNo full-time employees
General information
Address
25a Crescent Dr 415
Pleasant Hill, CA 94523
Metro area
San Francisco-Oakland-Berkeley, CA
Website URL
lifeinsuranceconsumeradvocacycenter.org/ 
Phone
(510) 735-7191
IRS details
EIN
84-5006056
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W90: Consumer Protection and Safety
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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