Life And Health Insurance Foundation For Education

Organization Overview

Life And Health Insurance Foundation For Education, operating under the name Life Happens, is located in Arlington, VA. The organization was established in 1996. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), under the broad grouping of Health Care and related organizations. As of 12/2021, Life Happens employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Life Happens is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Life Happens generated $3.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $3.7m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO EDUCATE THE PUBLIC ABOUT INSURANCE PRODUCTS AND THE VALUE OF SEEKING PROFESSIONAL ADVICE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MEDIA AND PUBLIC RELATIONS - THE FOUNDATION AND ITS MEDIA RELATIONS TEAM WORKED ON KEEPING THE PUBLIC INFORMED ON THE VALUE OF INSURANCE. ITS USAGE OF AWARENESS MONTHS AND SPOKESPEOPLE HAS GREATLY INCREASED THE COVERAGE THE FOUNDATION'S PROGRAMS AND EDUCATIONAL PIECES RECEIVE. FOR 2021, THE FOUNDATION HAD ONE SPOKESPERSON.


THE FOUNDATION'S ADVERTISING OUTREACH IS AN EFFORT TO EDUCATE CONSUMERS AND ENERGIZE THE FIELD. WE ADVERTISE ON CONSUMER WEBSITES WITH DIGITAL ADVERTISEMENTS FEATURING STORIES FROM THE AWARENESS MONTH CAMPAIGN, REAL LIFE STORIES OR LIFE LESSONS PROGRAMS. THESE ADS APPEARED ON THE FOLLOWING WEBSITES: HULU, YOUTUBE, AOL, AND MANY OTHER ONLINE SITE AND SOCIAL MEDIA PLATFORMS.


DIGITAL PLATFORM- THE FOUNDATION'S NEWLY LAUNCHED PLATFORM WHICH PROVIDES ALL OF THE FOUNDATION'S RESOURCES IN A DIGITAL FORMAT TO BE USED BY INSURANCE COMPANIES AND AGENTS IN EDUCATING CONSUMERS ABOUT LIFE INSURANCE AND ITS RELATED PRODUCTS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Faisa Stafford
President
$258,781
Joshua L Dunham
VP Of Partnerships
$187,833
Margaret Leyes
Chief Creative Officer
$181,371
Jon M Voegele
Past Chair
$0
Barb Pietrangelo
Secretary
$0
Erik Miller
Chair-Elect
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Kwt Global
Media Relations
$386,405
Veracitycolab Llc
Video Production
$115,250
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $296,810
All other contributions, gifts, grants, and similar amounts not included above$3,114,751
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,411,561
Total Program Service Revenue$460,988
Investment income $59
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,872,608

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Life And Health Insurance Foundation For Education has recieved totaling $521,945.

Awarding OrganizationAmount
Million Dollar Round Table Of The Natl Assn Of Life Underwriters

Park Ridge, IL

PURPOSE: GRANT FOR GENERAL OPERATIONS

$500,000
Modern Woodmen Of America

Rock Island, IL

PURPOSE: GENERAL SUPPORT

$21,945
View Grant Recipient Profile

Create an account to unlock the data you need.

or