NonprofitsInstitutional Longevty Markets Association Inc

Community Improvement & Capacity Building

Institutional Longevty Markets Association Inc

WASHINGTON, DC

Total revenue

$229K

Total expenses

$233K

Net assets

$90K

Grants received

EIN

208769162

Tax year

2024

Mission

The organization's mission is to expand and apply capital market solutions in life insurance, educate consumers that their insurance may be a valuable asset, (continued)

Programs

2 programs

Development of form documentation. Ilma has created a "legal and regulatory matters" subcommittee. Among other things, this subcommittee seeks to increase transparency and disclosure in transaction documents. Subcommittee work product will be submitted to ilma's board of directors for final approval. Approximately twenty-five percent (25%) of ilma's time is spent on the development of form documentation. The subcommittee meets monthly and all ilma members are invited to attend.

The ilma conference is a one-day event with an investment focus and in-depth coverage of the longevity market. The topics discussed are life settlements, global pension plans, insurance reserves and reverse mortgages as alternative investments. There are an estimated 90 attendees annually. Approximately twenty percent (20%) of ilma's time is spent on the planning of the conference.

Financials

FY 2024

Revenue

Contributions & grants$220K
Program service revenue$9K
Investment income
Other revenue
Total revenue$229K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$233K
Total expenses$233K
Total assets$170K
Net assets$90K

People

8 listed

NameRoleCompensation

SHANA MURRAY

director

Board

0

JOHN KELLY

MANAGING DIRECTOR

Board

0

PHILIP HALL

director

Board

0

NATE MCCORMICK

DIREctor

Board

0

ROBERT BOCKRATH

DIRECTOR

Board

0

WILLIAM CORRY

CHAIRMAN

Board

0

SCOTT CROHN

DIRECTOR

Board

0

JONAS MARTENSON

DIRECTOR

Board

0

Details

EIN208769162
NTEE codeS41
Subsection06
Ruling date2007-12
Formed2007
Employees0
Volunteers8
INSTITUTIONAL LONGEVTY MARKETS ASSOCIATION INC — Mission, Financials & Grants Received | Grantivo