AI Summary
The Life Insurance Settlement Association Inc (EIN: 52-1912672) is a nonprofit organization dedicated to advancing the highest standards of practice and professional development in the insurance industry. With an operating budget of $910,000 and total revenue of $1.2 million for the 2024 filing year, the organization focuses on educating consumers and advisors about life settlements as an alternative to lapsing or surrendering life insurance policies. More information can be found on their website at LISA.ORG.
Mission Statement
TO ADVANCE THE HIGHEST STANDARDS OF PRACTICE AND PROFESSIONAL DEVELOPMENT FOR THE INDUSTRY, AND TO EDUCATE CONSUMERS AND ADVISORS ABOUT A LIFE SETTLEMENT AS AN ALTERNATIVE TO LAPSE OR SURRENDER OF A LIFE INSURANCE POLICY.
Cause Areas
1
Insurance
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is LIFE INSURANCE SETTLEMENT ASSOCIATION INC’s budget?
In 2024, LIFE INSURANCE SETTLEMENT ASSOCIATION INC reported an annual operating budget of around $910 thousand. More detailed financial information is available to registered users.
What causes does LIFE INSURANCE SETTLEMENT ASSOCIATION INC support?
LIFE INSURANCE SETTLEMENT ASSOCIATION INC supports work in Insurance.
Where does LIFE INSURANCE SETTLEMENT ASSOCIATION INC operate?
LIFE INSURANCE SETTLEMENT ASSOCIATION INC is headquartered in Washington, DC.