Program areas at National Association for Fixed Annuities
EDUCATION/PROMOTION - NAFA participates in promoting June as National Annuity Awareness Month by contributing content to AnnuRetirement.com, promotional material in trade publications, solicitation of state Governors for proclamations and holds one of its two annual conferences during June focused on the use of annuities in retirement planning. Monthly webinars are produced to education industry professionals on fixed annuities and fixed indexed annuities. Additionally, whitepapers, toolkits and media responses were developed and were distributed to enhance the understanding of, and compliance with, the use of annuities in retirement portfolios. NAFA works with CapCity Advocates to assist in educating and informing federal regulators, legislators and policymakers about fixed annuities and their role in financial planning increase awareness of NAFA and its mission. NAFA works with other trade associations in activities on both the state and federal level that further our mission and the number of Americans who own a fixed annuity.
CONFERENCES - NAFA held the Annuity Leadership Forum in June in Washington DC and the Annuity Distribution Summit in Nashville in 2023. Both conferences were designed to educate and inform attendees about fixed annuities and compliance with regulations and legislation governing fixed annuities. The events provided innovative and forward-thinking presentations by thought leaders in the industry and the business community. Both conferences resulted in net revenue gains to the association.
Personnel at National Association for Fixed Annuities
| Name | Title | Compensation | Date of data |
|---|
| Charles Divencenzo | Executive Director | $223,630 | 2023-12-31 |
| Pamela Heinrich | Director of Legal Government Affairs | $138,183 | 2023-12-31 |
| Andrew Payne | Treasurer | $0 | 2024-05-09 |
| David Wolfe | Secretary | $0 | 2023-12-31 |
| Mike Morrone | Chair | $0 | 2023-12-31 |
| ...and 8 more key personnel |
Financials for National Association for Fixed Annuities
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $76,000 | -100% |
| Program services | $1,807,003 | $1,343,272 | 34.5% |
| Investment income and dividends | $5,903 | $2,568 | 129.9% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $1,812,906 | $1,421,840 | 27.5% |
Organizations like National Association for Fixed Annuities
| Organization | Type | Location | Revenue |
|---|
| Employers' Association of Grand Rapids Michigan (TEA) | 501(c)(6) | Grand Rapids, MI | $1,029,152 |
| Minnesota Broadcasters Association | 501(c)(6) | St Paul, MN | $672,579 |
| Surplus Lines Association of MN | 501(c)(6) | Mora, MN | $532,749 |
| The Surplus Lines Association of North Carolina | 501(c)(6) | Raleigh, NC | $6,548,544 |
| Vermont Captive Insurance Association (VCIA) | 501(c)(6) | South Burlington, VT | $1,673,963 |
| Life Insurance Association of Massachusetts | 501(c)(6) | Boston, MA | $954,019 |
| Private Risk Management Association (PRMA) | 501(c)(6) | Schaumburg, IL | $1,246,726 |
| New York Thoroughbred Horsemen's Association | 501(c)(6) | Jamaica, NY | $3,325,713 |
| Surety and Fidelity Association of America (SFAA) | 501(c)(6) | Washington, DC | $5,909,613 |
| New York State Funeral Directors Association (NYSFDA) | 501(c)(6) | Albany, NY | $3,357,934 |
Data update history
August 8, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 24, 2024
Updated personnel
Identified 6 new personnel
June 17, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 16, 2023
Used new vendors
Identified 2 new vendors, including , and
June 13, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Fraternal societiesMutual assistance organizationsTrade associationsBusiness and community development organizations
Issues
Community improvementBusiness and industry
Characteristics
No characteristics found
General information
- Address
- 13400 Bishops LN Ste 120
- Brookfield, WI 53005
- Metro area
- Milwaukee-Waukesha, WI
- County
- Waukesha County, WI
- Website URL
- nafa.com/Â
- Phone
- (414) 332-9306
IRS details
- EIN
- 54-1877987
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1998
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- Y40: Fraternal Beneficiary Societies and Voluntary Employees Associations
- NAICS code, primary
- 813910: Trade Associations
- Parent/child status
- Independent
Free account sign-up
Want updates when National Association for Fixed Annuities has new information, or want to find more organizations like National Association for Fixed Annuities?
Create free Cause IQ account