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Alliance For Lifetime Income

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

EIN: 823782009 ✦ Washington, DC ✦ Designated as a 501(c)(6)

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Overview

What is Alliance For Lifetime Income?

The Alliance for Lifetime Income is a nonprofit organization dedicated to addressing the retirement income crisis in America. With the support of leading financial services companies, its mission is to educate Americans on the importance of protected lifetime income. By creating awareness about the looming retirement income crisis and the risks of outliving savings, the Alliance strives to help people secure a steady income during their retirement years. Through its initiatives, it advocates for the role annuities play in a comprehensive retirement portfolio, aiming to shift the retirement planning mindset from solely focusing on accumulating savings to one that includes protected income.


Official website here: www.protectedincome.org/

What do the Facebook reviews say about Alliance For Lifetime Income?

88% of 33 reviewers on Facebook recommend Alliance For Lifetime Income. Here's a summary of their reviews:

The organization appears to be viewed positively by a majority of reviewers, who appreciate its mission and services. While specific praises are limited, the sentiment leans towards support for the nonprofit's efforts to promote financial literacy and security in retirement planning.

However, there are also some dissenting voices among the reviews. Certain comments reflect a divergence in views, indicating that not everyone resonates with the nonprofit's approach or messaging. This mixed feedback suggests that while many find value in the organization's programs, there are also critiques regarding its perspective and effectiveness. Overall, the general sentiment is favorable, as most users recommend the organization.


This AI summary has been generated from reviews found on Facebook.

Is Alliance For Lifetime Income legitimate?

Alliance For Lifetime Income is a legitimate nonprofit organization registered as a 501(c)(6) entity. Alliance For Lifetime Income 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.protectedincome.org/

What is the mission statement of Alliance For Lifetime Income?

The Alliance for Lifetime Income is a nonprofit organization with a mission to educate Americans about the significance of protected lifetime income to secure a stable retirement. With 80 million unprotected American households, the alliance aims to raise awareness of the impending retirement income crisis and promote solutions for individuals at risk of outliving their savings. The organization advocates for a shift in retirement planning focus from solely accumulating savings to incorporating protected income. The Alliance for Lifetime Income also advances the role annuities play in a well-rounded retirement portfolio as a crucial tool against the risk of outliving retirement savings.


Official website here: www.protectedincome.org/

Who is the CEO of Alliance For Lifetime Income?

Jean Statler is the Co-Chair of Alliance For Lifetime Income. The CEO's salary of Alliance For Lifetime Income is $0 and their total compensation is $0.


Official website here: www.protectedincome.org/

What is the revenue of Alliance For Lifetime Income?

Alliance For Lifetime Income's revenue in 2022 was $15,162,818.


Official website here: www.protectedincome.org/

Who are the executives of Alliance For Lifetime Income and what are their salaries?

There 5 volunteers at Alliance For Lifetime Income.


Here are 7 key members and their salaries (Alliance For Lifetime Income's CEO's salary is $0 and their total compensation is $0):


Dennis Glass (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caroline Feeney (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Hogan (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Steigerwalt (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Statler (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Kivett (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Palmer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.protectedincome.org/

Where can I find the form 990 for Alliance For Lifetime Income?

Alliance For Lifetime Income's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.protectedincome.org/

Learn more at the official website: www.protectedincome.org/

Mission Statement of Alliance For Lifetime Income

The Alliance for Lifetime Income is a mission-driven organization with a crucial goal: to help Americans address the impending retirement income crisis. With a focus on the 64% of American households, amounting to 80 million people, who lack adequate retirement protection, the Alliance aims to educate the public about the significance of having a steady income stream in retirement.

In simple terms, the Alliance for Lifetime Income strives to ensure that retirees can enjoy their golden years without the worry of outliving their savings. The organization emphasizes the importance of moving beyond the traditional retirement planning mindset, which primarily revolves around accumulating savings, and incorporating the concept of protected income into the equation.

This nonprofit 501(c)(6), backed by leading financial services companies, takes a multi-faceted approach to achieving its mission. It raises awareness about the looming retirement income crisis and the role that annuities can play in a well-rounded retirement portfolio. By providing Americans with the knowledge and resources they need to make informed decisions about their retirement income, the Alliance for Lifetime Income is empowering individuals to secure their financial future and retire with confidence.

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Impact




October, 2024

Alliance For Lifetime Income plays a significant role in addressing the critical issue of retirement income security in America. By focusing on educating individuals about the risks associated with outliving their savings, the organization effectively raises awareness about the looming retirement income crisis that affects approximately 80 million unprotected American households.

Through its initiatives, Alliance For Lifetime Income encourages a shift in retirement planning from simply accumulating assets to incorporating protected income streams, such as annuities. This change in mindset is vital for ensuring that individuals can maintain their standard of living throughout retirement.

Moreover, the organization facilitates understanding of the essential role that annuities can play in a comprehensive retirement portfolio, thereby providing people with the knowledge and tools necessary to safeguard their financial futures. By empowering Americans to make informed decisions about their retirement income, Alliance For Lifetime Income helps enhance financial security and overall quality of life for retirees.




This information is meant to be a general summary of Alliance For Lifetime Income. 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
$15,162,818 (2022)
Expenses
$15,059,581 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $14,813
  • Program Service Revenue: $15,148,000
  • Gross Receipts: $15,162,818

Assets and Liabilities:

  • Total Assets: $6,772,311
  • Total Liabilities: $5,489,769
  • Net Assets: $1,282,542

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Programs

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

MEMBERSHIP DUES

Revenue

$15,148,000

Organization Details

Founding Year

2017

Principal Officer

Jean Statler

Main Address

1100 VERMONT AVE NW 200, WASHINGTON, DC, 200056344

NTEE Category

Code: S40 - Community improvement

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