Life And Health Insurance Foundation For Education

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521904610 ✦ Arlington, VA ✦ Designated as a 501(c)(6)

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Overview

What is Life And Health Insurance Foundation For Education?

Life And Health Insurance Foundation for Education is a nonprofit organization situated in Arlington, Virginia. Their primary mission is to educate the general public about the significance of insurance products and the benefits of seeking professional advice. Established in 1994, the foundation has been providing high-quality, independent, and unbiased information to aid individuals in making informed decisions regarding their insurance needs. With a team of 17 employees, Life Happens is at the forefront of technology innovation, offering marketing and social media tools to support the insurance industry. The organization is backed by over 140 leading insurance companies and financial services organizations. Every September, Life Happens convenes an industry event called Life Insurance Awareness Month, which it initiated in 2004, to raise awareness about the importance of life insurance. To learn more about their work and resources, visit their website at www.lifehappens.org.


Official website here: www.lifehappens.org

Is Life And Health Insurance Foundation For Education legitimate?

Life And Health Insurance Foundation For Education is a legitimate nonprofit organization registered as a 501(c)(6) entity. Life And Health Insurance Foundation For Education submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $867,832
Professional Fundraising Fees: $0
Other Salaries and Wages: $793,942

For more financial information, click here


Official website here: www.lifehappens.org

What is the mission statement of Life And Health Insurance Foundation For Education?

The Life and Health Insurance Foundation for Education, often referred to as Life Happens, is a nonprofit organization with a mission to educate the public about the importance of insurance products and the value of seeking professional advice. Established in 1994, the organization provides high-quality, independent, and objective information to individuals making insurance buying decisions. Life Happens is at the forefront of technology innovation, offering marketing and social media tools to support the insurance industry through its proprietary Life Happens PRO digital platform. The organization also plays a significant role in the industry by organizing Life Insurance Awareness Month each September, which it initiated in 2004. With more than 140 leading insurance companies and financial services organizations as its supporters, Life Happens continues to contribute to public education on insurance matters.


Official website here: www.lifehappens.org

Who is the CEO of Life And Health Insurance Foundation For Education?

Michael Weintraub is the Treasurer of Life And Health Insurance Foundation For Education. The CEO's salary of Life And Health Insurance Foundation For Education is $0 and their total compensation is $0.


Official website here: www.lifehappens.org

What is the revenue of Life And Health Insurance Foundation For Education?

Life And Health Insurance Foundation For Education's revenue in 2022 was $2,255,724.


Official website here: www.lifehappens.org

Who are the executives of Life And Health Insurance Foundation For Education and what are their salaries?

The average compensation at Life And Health Insurance Foundation For Education during 2022 was $97,751. There are 17 employees and 14 volunteers at Life And Health Insurance Foundation For Education.


Here are 19 key members and their salaries (Life And Health Insurance Foundation For Education's CEO's salary is $0 and their total compensation is $0):


Faisa Stafford (President)
  • Compensation: $289,599
  • Related: $0
  • Other: $35,786
Margaret Leyes (Cco)
  • Compensation: $179,979
  • Related: $0
  • Other: $27,811
Joshua Dunham (Cro)
  • Compensation: $167,144
  • Related: $0
  • Other: $9,393
Richard Pratte (Head Of Product)
  • Compensation: $131,814
  • Related: $0
  • Other: $26,306
Jeremy Vaught (Dir Of Engineering)
  • Compensation: $111,179
  • Related: $0
  • Other: $14,116
Barb Pietrangelo (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Harding Cfp Clu Cltc (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Hanna Clu Chfc Aif (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Miller (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Weintraub (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Flatley (Interim Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kari Axberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Jan Pinney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Brayton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Rosuck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent M Bynum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Rusinoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Schwingler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Laramee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lifehappens.org

Where can I find the form 990 for Life And Health Insurance Foundation For Education?

Life And Health Insurance Foundation For Education's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lifehappens.org

Learn more at the official website: www.lifehappens.org

Mission Statement of Life And Health Insurance Foundation For Education

Life and Health Insurance Foundation for Education, often referred to as Life Happens, is a dedicated nonprofit organization with a mission to promote financial responsibility among consumers. Their primary focus is on educating the public about the importance and value of insurance products. Life Happens does not endorse any specific product, company, or insurance advisor, ensuring its information remains impartial and objective. Established in 1994, this organization has been at the forefront of providing top-notch, independent resources to aid individuals in making informed decisions about their insurance purchasing choices.

In addition to its educational mission, Life Happens is at the forefront of technological innovation. It offers marketing and social-media tools and resources through its proprietary Life Happens PRO digital platform, supporting the growth and development of the insurance industry. The organization also leads the industry's annual Life Insurance Awareness Month in September, a campaign it initiated in 2004, to raise awareness and emphasize the significance of insurance coverage. With the support of more than 140 leading insurance companies and financial services organizations, Life and Health Insurance Foundation for Education continues to advocate for the importance of insurance and empower consumers to make informed decisions about their financial future.

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Impact




October, 2024

The Life and Health Insurance Foundation for Education (LIFE) significantly impacts public understanding of insurance products and the importance of professional financial advice. Through its extensive media and public relations efforts, the foundation effectively informs the public about the value of insurance, utilizing awareness campaigns and collaborating with spokespeople to increase media coverage and engagement.

With the establishment of Life Insurance Awareness Month, which has been recognized since 2004, LIFE has elevated conversations around life insurance and its critical role in personal financial planning. The foundation provides high-quality, independent, and unbiased information that empowers consumers to make informed decisions regarding insurance purchasing. By leveraging innovative technology, including marketing and social media tools through its LIFE Happens Pro digital platform, it enhances the connectivity of consumers to essential resources.

Since its inception in 1994, LIFE has been dedicated to promoting personal financial responsibility, particularly emphasizing the necessity of life insurance and related products. Supported by over 140 leading insurance and financial services organizations, the foundation continues to play a pivotal role in educating the community, leading to more informed insurance buying decisions and improved financial security.




This information is meant to be a general summary of Life And Health Insurance Foundation For Education. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,255,724 (2022)
Expenses
$3,690,250 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$3,988
  • Program Service Revenue: $456,330
  • Gross Receipts: $2,255,724

Assets and Liabilities:

  • Total Assets: $2,862,476
  • Total Liabilities: $860,283
  • Net Assets: $2,002,193

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Member Dues

Revenue

$108,768

PLATFORM SALES

Revenue

$347,562

Organization Details

Founding Year

1994

Principal Officer

Michael Weintraub

Main Address

1000 WILSON BLVD 1890, Arlington, VA, 22209

NTEE Category

Code: S41 - Community improvement

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