TY 2024 Form 990

- TIN:

Form990

Department of the TreasuryInternal Revenue Service

Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)

Do not enter social security numbers on this form as it may be made public.

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2024

Open to Public Inspection

A For the 2024 calendar year, or tax year beginning 01-01-2024 , and ending 12-31-2024

BCheck if applicable: Address change Name change Initial return Final return/terminated Amended return Application pending

CName of organization
NATIONAL INSURANCE PRODUCER REGISTRY
DBA NIPR

Doing business as
NIPR

Number and street (or P.O. box if mail is not delivered to street address)
1100 WALNUT STREET SUITE 1000

Room/suite

City or town, state or province, country, and ZIP or foreign postal code
KANSAS CITY, MO64106

D Employer identification number

43-1763793

E Telephone number

G Gross receipts $ 95,784,777

F Name and address of principal officer:
KAREN STAKEM HORNIG
1100 WALNUT STREET SUITE 1000
KANSAS CITY,MO64106

Tax-exempt status: 501(c)(3) 501(c) ( 6 ) (insert no.) 4947(a)(1) or 527

Website:

WWW.NIPR.COM

H(a)

Is this a group return for
subordinates? Yes No

H(b)

Are all subordinates
included?

Yes No

If "No," attach a list. See instructions.

H(c)

Group exemption number

K Form of organization: Corporation Trust Association Other

L Year of formation: 1996

M State of legal domicile: MO

Part I

Summary

1	Briefly describe the organization’s mission or most significant activities: NIPR IS A NOT-FOR-PROFIT TECHNOLOGY ORGANIZATION THAT PROVIDES COST-EFFECTIVE, STREAMLINED AND UNIFORM LICENSING DATA AND COMPLIANCE SERVICES FOR INSURANCE PROFESSIONALS. TOGETHER WITH THE NAIC AND THE INSURANCE INDUSTRY, NIPR PROTECTS AND SERVES INSURANCE CONSUMERS.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	13
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	12
5	Total number of individuals employed in calendar year 2024 (Part V, line 2a) ......	5	165
6	Total number of volunteers (estimate if necessary) .............	6	14
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	0	0
9	Program service revenue (Part VIII, line 2g) .........	72,531,018	82,315,519
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	2,524,812	7,432,650
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	0	2,662
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	75,055,830	89,750,831
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	0	0
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	19,833,066	23,734,733
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	48,605,974	54,062,989
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	68,439,040	77,797,722
19	Revenue less expenses. Subtract line 18 from line 12.......	6,616,790	11,953,109
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	113,945,279	128,366,400
21	Total liabilities (Part X, line 26).............	8,780,007	11,817,568
22	Net assets or fund balances. Subtract line 21 from line 20.....	105,165,272	116,548,832

Part II

Signature Block

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.

Sign Here

	Signature of officer	Date

	Type or print name and title

Paid Preparer Use Only

Print/Type preparer's name

Preparer's signature

Date

Check if
self-employed

PTIN

Firm's name

Firm's EIN

Firm's address

Phone no.

May the IRS discuss this return with the preparer shown above? See Instructions. ..........YesNo

For Paperwork Reduction Act Notice, see the separate instructions.

Cat. No. 11282Y Form 990 (2024)

Form 990 (2024)

Page 2

Part III

Statement of Program Service Accomplishments

Check if Schedule O contains a response or note to any line in this Part III..............

Briefly describe the organization’s mission: NIPR IS A NOT-FOR-PROFIT TECHNOLOGY ORGANIZATION THAT PROVIDES COST-EFFECTIVE, STREAMLINED AND UNIFORM LICENSING DATA AND COMPLIANCE SERVICES FOR INSURANCE PROFESSIONALS. TOGETHER WITH THE NAIC AND THE INSURANCE INDUSTRY, NIPR PROTECTS AND SERVES INSURANCE CONSUMERS.

Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ..................... Yes No

If "Yes," describe these new services on Schedule O.

Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ........................... Yes No

If "Yes," describe these changes on Schedule O.

Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.


4a	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	NIPR SUPPORTS THE MEMBERS OF THE NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS (NAIC), A 501(C)(3) ORGANIZATION, THROUGH A LICENSE AND SERVICES AGREEMENT. NIPR, AS AN AFFILIATE ORGANIZATION OF THE NAIC, SUPPORTS THE STATE-BASED REGULATION OF THE INSURANCE INDUSTRY BY PROVIDING A COST-EFFECTIVE, STREAMLINED AND UNIFORM SYSTEM OF PRODUCER LICENSING. NIPR MAINTAINS A CENTRALIZED REPOSITORY OF INSURANCE PRODUCER AND INSURANCE ADJUSTER LICENSING INFORMATION. ADDITIONALLY, NIPR PROVIDES A PLATFORM FOR THE ELECTRONIC PROCESSING OF LICENSING AND OTHER APPLICATIONS AND REGULATORY COMPLIANCE REPORTS THAT SUPPORT THE INSURANCE INDUSTRY.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses

Form 990 (2024)

Page 3

Part IV

Checklist of Required Schedules

Yes

Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule A.....................

Is the organization required to complete Schedule B, Schedule of Contributors? See instructions. ...

Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I.............

Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II.........

Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Rev. Proc. 98-19? If "Yes," complete Schedule C, Part III..

Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part I Click to see attachment

List of Attached Documents:

// Content

.........................

Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II Click to see attachment

List of Attached Documents:

// Content

....

Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D, Part III Click to see attachment

List of Attached Documents:

// Content

..............

Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV Click to see attachment

List of Attached Documents:

// Content

..............

Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments? If "Yes," complete Schedule D, Part V......

If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X, as applicable.

Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete
Schedule D, Part VI. Click to see attachment

List of Attached Documents:

// Content

...................

11a

Yes

Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII Click to see attachment

List of Attached Documents:

// Content

.......

11b

Yes

Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII Click to see attachment

List of Attached Documents:

// Content

.......

11c

Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IX Click to see attachment

List of Attached Documents:

// Content

............

11d

Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part X Click to see attachment

List of Attached Documents:

// Content

11e

Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part X Click to see attachment

List of Attached Documents:

// Content

11f

Yes

12a

Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XII Click to see attachment

List of Attached Documents:

// Content

......................

12a

Yes

Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment

List of Attached Documents:

// Content

12b

Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E

14a

Did the organization maintain an office, employees, or agents outside of the United States? .....

14a

Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV.........

14b

Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV.....

Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV...

Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I. See instructions. ....

Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............

Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................

20a

Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....

20a

If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?

20b

Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.....

Form 990 (2024)

Page 4

Part IV

Checklist of Required Schedules (continued)

Yes

Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........

Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment

List of Attached Documents:

// Content

Yes

24a

Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............

24a

Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...

24b

Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............

24c

Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...

24d

25a

Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I ....

25a

Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I.......................

25b

Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part II...........

Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?

If "Yes," complete

Schedule L, Part III.........................

Was the organization a party to a business transaction with one of the following parties (see the Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):

A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV......................

28a

A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV.....

28b

A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b? If "Yes," complete Schedule L, Part IV.....................

28c

Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..

Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .................

Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I

Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II........................

Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I............ Click to see attachment

List of Attached Documents:

// Content

Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1......................... Click to see attachment

List of Attached Documents:

// Content

Yes

35a

Did the organization have a controlled entity within the meaning of section 512(b)(13)?

35a

If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ...

35b

Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2.............

Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI Click to see attachment

List of Attached Documents:

// Content

Did the organization complete Schedule O and provide explanations on Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............

Yes

Part V

Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........

Yes

Enter the number reported in box 3 of Form 1096. Enter -0- if not applicable ..

Enter the number of Forms W-2G included on line 1a. Enter -0- if not applicable .

Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................

Form 990 (2024)

Page 5

Part V

Statements Regarding Other IRS Filings and Tax Compliance (continued)

Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................

165

If at least one is reported on line 2a, did the organization file all required federal employment tax returns?

Yes

Did the organization have unrelated business gross income of $1,000 or more during the year?...

If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...

At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..

If "Yes," enter the name of the foreign country:
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).

Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..

Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?

If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............

Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...

If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................

Organizations that may receive deductible contributions under section 170(c).

Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................

If "Yes," did the organization notify the donor of the value of the goods or services provided? .....

Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................

If "Yes," indicate the number of Forms 8282 filed during the year ....

Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?

Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..

If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................

If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................

Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........

Sponsoring organizations maintaining donor advised funds.

Did the sponsoring organization make any taxable distributions under section 4966?........

Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...

Section 501(c)(7) organizations. Enter:

Initiation fees and capital contributions included on Part VIII, line 12 ...

10a

Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities

10b

Section 501(c)(12) organizations. Enter:

Gross income from members or shareholders .........

11a

Gross income from other sources. (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........

11b

12a

Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?

12a

If "Yes," enter the amount of tax-exempt interest received or accrued during the year.

12b

Section 501(c)(29) qualified nonprofit health insurance issuers.

Is the organization licensed to issue qualified health plans in more than one state? .........
Note. See the instructions for additional information the organization must report on Schedule O.

13a

Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....

13b

Enter the amount of reserves on hand ............

13c

14a

Did the organization receive any payments for indoor tanning services during the tax year?.....

14a

If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..

14b

Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see the instructions and file Form 4720, Schedule N.

Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.

Section 501(c)(21) organizations. Did the trust, or any disqualified or other person engage in any activities that would result in the imposition of an excise tax under section 4951, 4952, or 4953? ..
If "Yes," complete Form 6069.

Form 990 (2024)

Page 6

Part VI

Governance, Management, and Disclosure. For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.

Check if Schedule O contains a response or note to any line in this Part VI..............

Section A. Governing Body and Management

Yes

Enter the number of voting members of the governing body at the end of the tax year

If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.

Enter the number of voting members included in line 1a, above, who are independent

Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................

Yes

Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .

Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? .

Did the organization become aware during the year of a significant diversion of the organization’s assets? .

Did the organization have members or stockholders? ................

Yes

Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................

Yes

Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................

Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:

The governing body? .......................

Yes

Each committee with authority to act on behalf of the governing body? ............

Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......

Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)

Yes

10a

Did the organization have local chapters, branches, or affiliates? ............

10a

If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?

10b

11a

Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................

11a

Yes

Describe on Schedule O the process, if any, used by the organization to review this Form 990. .....

12a

Did the organization have a written conflict of interest policy? If "No," go to line 13.......

12a

Yes

Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................

12b

Yes

Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe on Schedule O how this was done...................

12c

Yes

Did the organization have a written whistleblower policy? ...............

Yes

Did the organization have a written document retention and destruction policy? .........

Yes

Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?

The organization’s CEO, Executive Director, or top management official ...........

15a

Yes

Other officers or key employees of the organization ................

15b

If "Yes" to line 15a or 15b, describe the process on Schedule O. See instructions.

16a

Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................

16a

If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............

16b

Section C. Disclosure

List the states with which a copy of this Form 990 is required to be filed

Section 6104 requires an organization to make its Form 1023 (1024 or 1024-A, if applicable), 990, and 990-T (section 501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.

Own website Another's website Upon request Other (explain in Schedule O)

Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.

State the name, address, and telephone number of the person who possesses the organization's books and records:
CAROL THOMPSON NAIC CFO1100 WALNUT STREET SUITE 1000 KANSAS CITY,MO64106 (816) 842-3600

Form 990 (2024)

Page 7

Part VII

Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors

Check if Schedule O contains a response or note to any line in this Part VII..............

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees

1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet

List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

List all of the organization’s current key employees, if any. See the instructions for definition of "key employee."

List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (box 5 of Form W-2, box 6 of Form 1099-MISC, and/or box 1 of Form 1099-NEC) of more than $100,000 from the organization and any related organizations.

List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

See the instructions for the order in which to list the persons above.

Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)			(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(1) ANDY BEAL...................................................................... CHIEF OPERATING OFFICER/CHIEF LEGAL	1.00 ................. 37.50	X			0	804,841	19,608
(2) GARY ANDERSON...................................................................... CHIEF EXECUTIVE OFFICER NAIC	1.00 ................. 37.50	X			0	570,403	15,562
(3) THE HONORABLE LARRY DEITER...................................................................... DIRECTOR/ BOARD PRESIDENT	1.00 .................	X	X		0	0	0
(4) ANTHONY MADDOX...................................................................... BOARD VICE PRESIDENT	1.00 .................	X	X		0	0	0
(5) THE HONORABLE LORI WING-HEIER...................................................................... DIRECTOR/ BOARD SECRETARY/ TREASURER	1.00 .................	X	X		0	0	0
(6) THE HONORABLE SHARON CLARK...................................................................... DIRECTOR	1.00 .................	X			0	0	0
(7) KATE JENSEN...................................................................... DIRECTOR	1.00 .................	X			0	0	0
(8) DAVID LEIFER...................................................................... DIRECTOR	1.00 .................	X			0	0	0
(9) THE HONORABLE ALLAN MCVEY...................................................................... DIRECTOR	1.00 .................	X			0	0	0
(10) THE HONORABLE GLEN MULREADY...................................................................... DIRECTOR	1.00 .................	X			0	0	0
(11) LAUREN PACHMAN...................................................................... DIRECTOR	1.00 .................	X			0	0	0
(12) THE HONORABLE VICKI SCHMIDT...................................................................... DIRECTOR	1.00 .................	X			0	0	0
(13) JOSEPH TORTI III...................................................................... DIRECTOR	1.00 .................	X			0	0	0
(14) JESSICA WALTMAN...................................................................... DIRECTOR	1.00 .................	X			0	0	0
(15) KAREN STAKEN HORNIG...................................................................... CHIEF EXECUTIVE OFFICER	37.50 .................			X	662,873	0	13,801
(16) ERIC SAUL...................................................................... CHIEF TECHNOLOGY OFFICER	37.50 .................			X	555,027	0	13,801
(17) LAURIE WOLF...................................................................... CRAO	37.50 .................			X	298,804	0	25,281

Form 990 (2024)

Page 8

Part VII

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)			(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(18) NADIA MALIK........................................................................ CPO	37.50 .......................	X		266,479	0	35,578
(19) VALERIA WILLIAMS........................................................................ CHIEF OPERATING OFFICER	37.50 .......................	X		275,391	0	22,446
(20) HEIDI WOOD........................................................................ ASSISTANT DIRECTOR APPLICATION	37.50 .......................		X	216,884	0	35,388
(21) DENNIS WILSON........................................................................ ASSISTANT DIRECTOR QUALITY ASSURANCE	37.50 .......................		X	224,682	0	21,890
(22) CASEY FOX........................................................................ ASSISTANT DIRECTOR	37.50 .......................		X	195,885	0	35,356
(23) MICHELLE DEAN........................................................................ ASSISTANT DIRECTOR BUSINESS SERVICES	37.50 .......................		X	202,399	0	12,734
(24) CARI LEE........................................................................ ASSISTANT DIRECTOR REGULATORY AFFAIRS	37.50 .......................		X	168,263	0	26,565

1b	Sub-Total..............
c	Total from continuation sheets to Part VII, Section A..
d	Total (add lines 1b and 1c).........	3,066,687	1,375,244	278,010

Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization 90

Yes

Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............

For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual...........................

Yes

Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........

Section B. Independent Contractors

Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.

(A) Name and business address	(B) Description of services	(C) Compensation
PREMIER TECH INC 10901 LOWELL AVENUE SUITE 260 OVERLAND PARK,KS66210	STAFFING CONTRACT WORKERS	3,837,677
APEX SYSTEMS LLC 4400 COX ROAD SUITE 200 GLEN ALLEN,VA23060	STAFFING CONTRACT WORKERS	2,943,294
VALTECH SOLUTIONS 7700 WINDROSE AVENUE PLANO,TX75024	CONSULTING	2,818,037
TRICOM TECHNICAL SERVICE LC 11115 ASH STREET LEAWOOD,KS66211	STAFFING CONTRACT WORKERS	1,281,644
SOGETI 28309 NETWORK PLACE CHICAGO,IL60673	CONSULTING	1,096,853
2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 7

Form 990 (2024)

Page 9

Part VIII

Statement of Revenue

Check if Schedule O contains a response or note to any line in this Part VIII.............

(A)
Total revenue

(B)
Related or
exempt
function
revenue

(D)
Revenue
excluded from
tax under sections
512 - 514

1a	Federated campaigns..	1a
b	Membership dues..	1b
c	Fundraising events..	1c
d	Related organizations	1d
e	Government grants (contributions)	1e

f	All other contributions, gifts, grants, and similar amounts not included above	1f

g	Noncash contributions included in lines 1a - 1f:$	1g

h Total. Add lines 1a-1f.......

		Business Code
2a	PRODUCER LICENSING FEE	900099	32,996,133	32,996,133
b	DATABASE ACCESS REV	900099	29,487,211	29,487,211
c	APPOINTMENT RENEWAL/ALERTS	900099	19,071,950	19,071,950
d	CAR REPORTS	900099	735,225	735,225
e	OTHER SERVICE REVENUE	900099	25,000	25,000
f	All other program service revenue.
g	Total. Add lines 2a–2f .....		82,315,519

3 Investment income (including dividends, interest, and othersimilar amounts) ......			3,838,333			3,838,333
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
			(i) Real	(ii) Personal
6a	Gross rents	6a
b	Less: rental expenses	6b
c	Rental income or (loss)	6c
d	Net rental income or (loss).......
			(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory	7a	9,628,263
b	Less: cost or other basis and sales expenses	7b	6,033,946
c	Gain or (loss)	7c	3,594,317
d	Net gain or (loss).........			3,594,317			3,594,317
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a
b	Less: direct expenses ...		8b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a
b	Less: cost of goods sold ..		10b
c	Net income or (loss) from sales of inventory..

Business Code
11a	MISCELLANEOUS REVENUE		900099	2,662	2,662
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			2,662
12	Total revenue. See instructions.....			89,750,831	82,318,181	0	7,432,650

Form 990 (2024)

Page 10

Part IX

Statement of Functional Expenses

Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX..............

Do not include amounts reported on lines 6b, 7b, 8b, 9b, and 10b of Part VIII.		(A) Total expenses	(B) Program service expenses	(C) Management and general expenses	(D) Fundraising expenses

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............
4	Benefits paid to or for members .......
5	Compensation of current officers, directors, trustees, and key employees ...........	2,169,479
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........
7	Other salaries and wages........	14,897,616
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	1,471,767
9	Other employee benefits .......	3,691,364
10	Payroll taxes ...........	1,504,507
11	Fees for services (non-employees):
a	Management ......
b	Legal .........	21,453
c	Accounting ...........	173,082
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......	106,999
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	3,456,540
12	Advertising and promotion ....	352,810
13	Office expenses .......	292,025
14	Information technology ......	15,648,519
15	Royalties ..	31,234,334
16	Occupancy ...........	73,771
17	Travel ............	978,214
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....
20	Interest ...........
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	1,203,235
23	Insurance ...	177,092
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	TAXES	128,546
b	BAD DEBT	119,902
c	USER CONFERENCE	75,436
d	MISCELLANEOUS EXPENSES	21,031
e	All other expenses
25	Total functional expenses. Add lines 1 through 24e	77,797,722
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

Form 990 (2024)

Page 11

Part X

Balance Sheet

Check if Schedule O contains a response or note to any line in this Part IX..............

				(A) Beginning of year		(B) End of year

1	Cash–non-interest-bearing ........			3,424,990	1	6,257,502
2	Savings and temporary cash investments .........			32,831,308	2	28,101,692
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............			7,148,628	4	7,719,256
5	Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
					6
7	Notes and loans receivable, net ...........				7
8	Inventories for sale or use ............				8
9	Prepaid expenses and deferred charges ......			1,221,985	9	1,482,917
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	22,331,246
b	Less: accumulated depreciation	10b	1,549,325	10,639,032	10c	20,781,921
11	Investments—publicly traded securities .			52,161,694	11	56,615,883
12	Investments—other securities. See Part IV, line 11 .....			6,517,642	12	7,407,229
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........				15
16	Total assets. Add lines 1 through 15 (must equal line 33)...			113,945,279	16	128,366,400

17	Accounts payable and accrued expenses .....	8,780,007	17	11,817,568
18	Grants payable ...		18
19	Deferred revenue .........		19
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
			22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D		25
26	Total liabilities. Add lines 17 through 25..	8,780,007	26	11,817,568

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	105,165,272	27	116,548,832
28	Net assets with donor restrictions ...........		28
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	105,165,272	32	116,548,832
33	Total liabilities and net assets/fund balances ........	113,945,279	33	128,366,400

Form 990 (2024)

Page 12

Part XI

Reconcilliation of Net Assets

Check if Schedule O contains a response or note to any line in this Part XI..............

Total revenue (must equal Part VIII, column (A), line 12) ............

89,750,831

Total expenses (must equal Part IX, column (A), line 25) ............

77,797,722

Revenue less expenses. Subtract line 2 from line 1 ..............

11,953,109

Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..

105,165,272

Net unrealized gains (losses) on investments ...............

-569,549

Donated services and use of facilities .................

Investment expenses .....................

Prior period adjustments .....................

Other changes in net assets or fund balances (explain in Schedule O) ........

Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))

116,548,832

Part XII

Financial Statements and Reporting

Check if Schedule O contains a response or note to any line in this Part XII.............

Yes

Accounting method used to prepare the Form 990: Cash Accrual Other
If the organization changed its method of accounting from a prior year or checked "Other," explain on
Schedule O.

Were the organization’s financial statements compiled or reviewed by an independent accountant?

If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separate basis

Were the organization’s financial statements audited by an independent accountant?

Yes

If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separate basis

If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?

Yes

If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.

As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Uniform Guidance, 2 C.F.R. Part 200, Subpart F?

If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.

Form 990 (2024)

Additional Data

Software ID:
Software Version:

Form 990, Special Condition Description:

Special Condition Description

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
right arrow

Attach to Form 990.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization

NATIONAL INSURANCE PRODUCER REGISTRY
DBA NIPR

Employer identification number

43-1763793

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after July 25, 2006, and not on a historic structure listed in the National Register ...	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year right arrow

Number of states where property subject to conservation easement is located right arrow

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow

Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included on Form 990, Part VIII, line 1 ......................... right arrow

(ii)

Assets included in Form 990, Part X ............................... right arrow

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... right arrow

Assets included in Form 990, Part X ............................... right arrow

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) (Rev. 1-2025)

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....

Part V

Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.

		(a) Current year	(b) Prior year	(c) Two years back	(d) Three years back	(e) Four years back

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment right arrow

Permanent endowment right arrow

Term endowment right arrow

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) Unrelated organizations .................

3a(i)

(ii) Related organizations .................

3a(ii)

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b) Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value

1a	Land .....
b	Buildings ....
c	Leasehold improvements
d	Equipment ....
e	Other .....	22,331,246	1,549,325	20,781,921
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				20,781,921

Schedule D (Form 990) (Rev. 1-2025)

Page 3

Part VII

Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3) Other (A) MAGNITUDE INTERNATIONAL	7,407,229	F
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)	7,407,229

Part VIII

Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........

Part X

Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes









Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) (Rev. 1-2025)

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......			1	89,074,283
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a	-569,549
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ...........	2d
e	Add lines 2a through 2d .....................			2e	-569,549
3	Subtract line 2e from line 1..................			3	89,643,832
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a	106,999
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................			4c	106,999
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......			5	89,750,831

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........			1	77,690,723
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ...........	2d
e	Add lines 2a through 2d....................			2e	0
3	Subtract line 2e from line 1...................			3	77,690,723
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a	106,999
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b.....................			4c	106,999
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......			5	77,797,722

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation
PART X, LINE 2:	UNCERTAIN TAX POSITIONS, IF ANY, ARE RECORDED IN ACCORDANCE WITH (ASC) TOPIC 740, INCOME TAXES. ASC 740 REQUIRES THE RECOGNITION OF A LIABILITY FOR TAX POSITIONS TAKEN THAT DO NOT MEET THE MORE-LIKELY-THAN-NOT STANDARD THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES. THERE IS NO LIABILITY FOR UNCERTAIN TAX POSITIONS RECORDED AT DECEMBER 31, 2024 OR 2023.

Schedule D (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

- TIN:

Schedule J
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
medium right arrow graphic

Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
medium right arrow graphic

Attach to Form 990.
medium right arrow graphic

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization

NATIONAL INSURANCE PRODUCER REGISTRY
DBA NIPR

Employer identification number

43-1763793

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....

Yes

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....

Yes

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? .............

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ....................

Any related organization? .......................

If "Yes," on line 5a or 5b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ..................

Any related organization? ......................

If "Yes," on line 6a or 6b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................

If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50053T

Schedule J (Form 990) (Rev. 1-2025)

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(A) Name and Title		(B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column (B) reported as deferred on prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1ANDY BEAL CHIEF OPERATING OFFICER/CHIEF LEGAL	(i) (ii)	0 ------------- 630,515	0 ------------- 107,452	0 ------------- 66,874	0 ------------- 0	0 ------------- 19,608	0 ------------- 824,449	0 ------------- 0
2KAREN STAKEN HORNIG CHIEF EXECUTIVE OFFICER	(i) (ii)	517,044 ------------- 0	97,203 ------------- 0	48,626 ------------- 0	0 ------------- 0	13,801 ------------- 0	676,674 ------------- 0	0 ------------- 0
3GARY ANDERSON CHIEF EXECUTIVE OFFICER NAIC	(i) (ii)	0 ------------- 516,923	0 ------------- 25,000	0 ------------- 28,480	0 ------------- 0	0 ------------- 15,562	0 ------------- 585,965	0 ------------- 0
4ERIC SAUL CHIEF TECHNOLOGY OFFICER	(i) (ii)	435,684 ------------- 0	90,717 ------------- 0	28,626 ------------- 0	0 ------------- 0	13,801 ------------- 0	568,828 ------------- 0	0 ------------- 0
5LAURIE WOLF CRAO	(i) (ii)	238,718 ------------- 0	43,782 ------------- 0	16,304 ------------- 0	0 ------------- 0	25,281 ------------- 0	324,085 ------------- 0	0 ------------- 0
6NADIA MALIK CPO	(i) (ii)	239,440 ------------- 0	17,843 ------------- 0	9,196 ------------- 0	0 ------------- 0	35,578 ------------- 0	302,057 ------------- 0	0 ------------- 0
7VALERIA WILLIAMS CHIEF OPERATING OFFICER	(i) (ii)	232,599 ------------- 0	33,456 ------------- 0	9,336 ------------- 0	0 ------------- 0	22,446 ------------- 0	297,837 ------------- 0	0 ------------- 0
8HEIDI WOOD ASSISTANT DIRECTOR APPLICATION	(i) (ii)	207,634 ------------- 0	669 ------------- 0	8,581 ------------- 0	0 ------------- 0	35,388 ------------- 0	252,272 ------------- 0	0 ------------- 0
9DENNIS WILSON ASSISTANT DIRECTOR QUALITY ASSURANCE	(i) (ii)	203,270 ------------- 0	693 ------------- 0	20,719 ------------- 0	0 ------------- 0	21,890 ------------- 0	246,572 ------------- 0	0 ------------- 0
10CASEY FOX ASSISTANT DIRECTOR	(i) (ii)	195,334 ------------- 0	683 ------------- 0	-132 ------------- 0	0 ------------- 0	35,356 ------------- 0	231,241 ------------- 0	0 ------------- 0
11MICHELLE DEAN ASSISTANT DIRECTOR BUSINESS SERVICES	(i) (ii)	188,202 ------------- 0	10,698 ------------- 0	3,499 ------------- 0	0 ------------- 0	12,734 ------------- 0	215,133 ------------- 0	0 ------------- 0
12CARI LEE ASSISTANT DIRECTOR REGULATORY AFFAIR	(i) (ii)	158,635 ------------- 0	8,008 ------------- 0	1,620 ------------- 0	0 ------------- 0	26,565 ------------- 0	194,828 ------------- 0	0 ------------- 0

Schedule J (Form 990) (Rev. 1-2025)

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.

Return Reference	Explanation
SCHEDULE J, PART I, LINE 1A	NIPR PROVIDES AN ANNUAL DIRECTOR BENEFIT FOR WELLNESS/FITNESS ITEMS AND TAX AND LEGAL SERVICES TO KAREN STAKEM HORNIG, ERIC SAUL, LAURIE WOLF, VALERIA WILLIAMS, NADIA MALIK, DENNIS WILSON, HEIDI WOOD, CARI LEE AND MICHELLE DEAN. TOTAL COMPENSATION, INCLUDING A DIRECTOR BENEFIT, IS PAID BY THE NAIC TO GARY ANDERSON AND ANDY BEAL. THE CEO'S DIRECT REPORTS ARE ELIGIBLE FOR ANNUAL INCENTIVE COMPENSATION, THE FRAMEWORK FOR WHICH IS CONTAINED IN A BOARD POLICY. THE DIRECT REPORTS INCLUDE ERIC SAUL, LAURIE WOLF, VALERIA WILLIAMS, NADIA MALIK AND KATRINA LAWHORN.
SCHEDULE J, PART I, LINE 3	NIPR'S BOARD OF DIRECTORS HAS AN EXECUTIVE COMPENSATION POLICY FOR THE CEO. THE POLICY REQUIRES AN ANNUAL PERFORMANCE REVIEW, ASSESSMENT OF COMPARABILITY DATA AND REVIEW AND APPROVAL OF THE BOARD OF DIRECTORS. THE COMPENSATION COMMITTEE OF THE BOARD REVIEWS NATIONAL SALARY SURVEYS, CONSULTS INDEPENDENT CONSULTANTS, AND REVIEWS FORM 990S OF COMPARABLE ORGANIZATIONS. THE COMPENSATION COMMITTEE CONDUCTS THE REVIEW AND MAKES RECOMMENDATIONS TO THE FULL BOARD. THE BOARD'S EXECUTIVE COMPENSATION POLICY ALSO PROVIDES FOR INCENTIVE COMPENSATION FOR OTHER MEMBERS OF NIPR'S EXECUTIVE TEAM, ERIC SAUL, LAURIE WOLF, VALERIA WILLIAMS, NADIA MALIK AND KATRINA LAWHORN. A SIMILAR ANNUAL PROCESS IS BY NIPR'S CEO IN SETTING THE COMPENSATION FOR THESE INDIVIDUALS.

Return Reference

Explanation

SCHEDULE J, PART I, LINE 1A

NIPR PROVIDES AN ANNUAL DIRECTOR BENEFIT FOR WELLNESS/FITNESS ITEMS AND TAX AND LEGAL SERVICES TO KAREN STAKEM HORNIG, ERIC SAUL, LAURIE WOLF, VALERIA WILLIAMS, NADIA MALIK, DENNIS WILSON, HEIDI WOOD, CARI LEE AND MICHELLE DEAN. TOTAL COMPENSATION, INCLUDING A DIRECTOR BENEFIT, IS PAID BY THE NAIC TO GARY ANDERSON AND ANDY BEAL. THE CEO'S DIRECT REPORTS ARE ELIGIBLE FOR ANNUAL INCENTIVE COMPENSATION, THE FRAMEWORK FOR WHICH IS CONTAINED IN A BOARD POLICY. THE DIRECT REPORTS INCLUDE ERIC SAUL, LAURIE WOLF, VALERIA WILLIAMS, NADIA MALIK AND KATRINA LAWHORN.

SCHEDULE J, PART I, LINE 3

NIPR'S BOARD OF DIRECTORS HAS AN EXECUTIVE COMPENSATION POLICY FOR THE CEO. THE POLICY REQUIRES AN ANNUAL PERFORMANCE REVIEW, ASSESSMENT OF COMPARABILITY DATA AND REVIEW AND APPROVAL OF THE BOARD OF DIRECTORS. THE COMPENSATION COMMITTEE OF THE BOARD REVIEWS NATIONAL SALARY SURVEYS, CONSULTS INDEPENDENT CONSULTANTS, AND REVIEWS FORM 990S OF COMPARABLE ORGANIZATIONS. THE COMPENSATION COMMITTEE CONDUCTS THE REVIEW AND MAKES RECOMMENDATIONS TO THE FULL BOARD. THE BOARD'S EXECUTIVE COMPENSATION POLICY ALSO PROVIDES FOR INCENTIVE COMPENSATION FOR OTHER MEMBERS OF NIPR'S EXECUTIVE TEAM, ERIC SAUL, LAURIE WOLF, VALERIA WILLIAMS, NADIA MALIK AND KATRINA LAWHORN. A SIMILAR ANNUAL PROCESS IS BY NIPR'S CEO IN SETTING THE COMPENSATION FOR THESE INDIVIDUALS.

Schedule J (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE O
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public
Inspection

Name of the organization

NATIONAL INSURANCE PRODUCER REGISTRY
DBA NIPR

Employer identification number

43-1763793

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 2	TWO MEMBERS OF NIPR'S BOARD OF DIRECTORS HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER BECAUSE THEY ARE ALSO MEMBERS OF THE NAIC EXECUTIVE COMMITTEE, WHICH SERVES AS THE GOVERNING BODY OF THE NAIC AND MANAGES ITS BUSINESS AND AFFAIRS. THE TWO MEMBERS ARE COMMISSIONER OF THE KENTUCKY DEPARTMENT OF INSURANCE, SHARON P. CLARK AND COMMISSIONER OF THE STATE OF KANSAS, VICKI SCHMIDT.
FORM 990, PART VI, SECTION A, LINE 6	PURSUANT TO NIPR'S CORPORATE CHARTER, THE NAIC IS THE SOLE CORPORATE MEMBER OF NIPR.
FORM 990, PART VI, SECTION A, LINE 7A	THE NAIC IS THE SOLE CORPORATE MEMBER OF NIPR AND APPOINTS SIX (6) REGULATORY MEMBERS TO NIPR'S BOARD OF DIRECTORS. THE CEO OR COO OF THE NAIC ALSO SERVES AS A BOARD MEMBER. THE NAIC DOES NOT HAVE VOTING RIGHTS. THE MEMBERS APPOINTED BY THE NAIC DO HAVE VOTING RIGHTS.
FORM 990, PART VI, SECTION A, LINE 8B	COMMITTEES OF NIPR'S BOARD OF DIRECTORS DO NOT HAVE AUTHORITY TO ACT ON BEHALF OF THE FULL BOARD. THE PROCEEDINGS OF THE AUDIT, INVESTMENT AND COMPENSATION COMMITTEES ARE PRESENTED TO THE FULL BOARD IN A WRITTEN REPORT. ANY NECESSARY ACTION RECOMMENDED BY A COMMITTEE MUST BE VOTED ON BY THE FULL BOARD.
FORM 990, PART VI, SECTION B, LINE 11B	A FULL COPY OF THE FORM 990 IS DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE IRS PURSUANT TO NIPR'S WRITTEN FORM 990 POLICY, WHICH WAS ADOPTED IN SEPTEMBER OF 2009 BY THE BOARD OF DIRECTORS. THE PERTINENT TEXT OF THE POLICY IS SET FORTH HERE. I. PURPOSE OF FORM 990 REVIEW POLICY NATIONAL INSURANCE PRODUCER REGISTRY IS EXEMPT FROM FEDERAL INCOME TAX AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE ("NIPR"). AS AN EXEMPT ORGANIZATION, NIPR MUST ANNUALLY FILE THE IRS FORM 990. THE PURPOSE OF THIS FORM 990 REVIEW POLICY ("POLICY") IS TO ENSURE THAT A SUBSTANTIVE AND INDEPENDENT REVIEW OF THE FORM 990 IS UNDERTAKEN BY NIPR'S AUDIT COMMITTEE. THE FORM 990 IS A COMPREHENSIVE SELF AUDIT OF NIPR'S ACTIVITIES INCLUDING, WITHOUT LIMITATION, ITS COMPENSATION ARRANGEMENTS, TRANSACTIONS WITH INTERESTED PERSONS, TRANSACTIONS WITH RELATED ORGANIZATIONS AND IT REQUIRES DISCLOSURE OF ITS GOVERNANCE FRAMEWORK, POLICIES AND PROCEDURES. THE FORM IS A PUBLIC DOCUMENT SO ANYONE WHO WISHES TO REVIEW THE FORM MUST BE PERMITTED TO DO SO AND IF ANYONE REQUESTS A COPY, THEY MUST BE PROVIDED WITH ONE. II. IT IS THE GENERAL POLICY OF NIPR TO HAVE ITS AUDIT COMMITTEE CONDUCT A SUBSTANTIVE REVIEW OF THE FORM 990 DURING ITS PREPARATION BY AN OUTSIDE ACCOUNTANT WITH THE ASSISTANCE OF NIPR'S GENERAL COUNSEL, OFFICERS AND STAFF. THE FINAL VERSION OF THE FORM 990 SHALL BE PROVIDED TO ALL OF THE MEMBERS OF NIPR'S BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE IRS. III PROCEDURES. IN ACCORDANCE WITH ITS REVIEW FUNCTION, THE AUDIT COMMITTEE SHALL TAKE THE FOLLOWING ACTIONS: - APPROVE THE FORM 990 PREPARER. - CAREFULLY MONITOR THE DESCRIPTION OF NIPR'S PURPOSES AND ACTIVITIES REPORTED ON THE FORM 990 TO ENSURE THAT THE DESCRIPTION PROVIDED ACCURATELY DESCRIBES NIPR'S PURPOSES AND ACTIVITIES AND THAT THE STATED PURPOSES AND ACTIVITIES FURTHER THE EXEMPT PURPOSES OF NIPR WITHIN THE MEANING OF SECTION 501(C)(6) OF THE CODE. - ENSURE THAT THE MISSION STATEMENT STATED IN THE FORM 990 HAS BEEN APPROVED BY THE BOARD OF DIRECTORS IN A FORMAL BOARD RESOLUTION. - CONDUCT A DETAILED REVIEW AND ANALYSIS OF THE MATERIAL TAX AND FINANCIAL ISSUES AS WELL AS DISCLOSURE ISSUES RAISED BY THE FORM 990. - CONSULT DIRECTLY WITH THE FORM 990 PREPARER AND LEGAL COUNSEL, WHEN APPROPRIATE, RELATIVE TO ANY TAX, FINANCIAL OR DISCLOSURE ISSUES PRESENTED ON THE FORM. - AFTER CONSIDERATION AND ANALYSIS OF ALL OF THE MATERIAL ISSUES AND AFTER DISCUSSIONS WITH THE FORM 990 PREPARER AND LEGAL COUNSEL, FORWARD THE FINAL VERSION TO THE BOARD OF DIRECTORS FOR ITS REVIEW AND APPROVAL PRIOR TO FILING. - APPROVE AND DISTRIBUTE THE ANNUAL QUESTIONNAIRE TO OFFICERS, DIRECTORS AND KEY EMPLOYEES TO ACQUIRE INFORMATION ON THEIR RESPECTIVE FAMILY AND BUSINESS RELATIONSHIPS, TRANSACTIONS WITH NIPR, POTENTIAL CONFLICTS OF INTEREST, AND OTHER INFORMATION NEEDED TO ANSWER VARIOUS FORM 990 QUESTIONS AND COMPLY WITH NIPR'S CONFLICTS OF INTEREST POLICY.
FORM 990, PART VI, SECTION B, LINE 12C	NIPR'S BOARD OF DIRECTORS AND EMPLOYEES SIGN AND SUBMIT AN ANNUAL QUESTIONNAIRE DISCLOSING THEIR POTENTIAL CONFLICT OF INTEREST. THE BOARD OF DIRECTOR FORMS ARE KEPT ON FILE WITH THE EXECUTIVE TEAM. EMPLOYEE FORMS ARE RETAINED IN THE EMPLOYEE'S PERSONNEL FILE IN PEOPLE OPERATIONS. EACH YEAR NEW FORMS ARE SIGNED BY ALL EMPLOYEES.
FORM 990, PART VI, SECTION B, LINE 15A	NIPR'S CEO COMPENSATION IS THE RESPONSIBILITY OF THE BOARD OF DIRECTORS AND ITS COMPENSATION COMMITTEE, WHICH ACTS PURSUANT TO A WRITTEN POLICY UPDATED BY THE BOARD IN JANUARY 2017. THE COMPENSATION COMMITTEE, APPOINTED BY THE BOARD, IS COMPRISED OF THREE MEMBERS WHO MUST NOT HAVE A CONFLICT OF INTEREST PURSUANT TO THE EXECUTIVE COMPENSATION POLICY. THE COMMITTEE MUST MEET ANNUALLY TO PREPARE AN ANNUAL EVALUATION OF THE NIPR CEO AND PROVIDE THE RESULTS TO THE BOARD OF DIRECTORS. THE COMMITTEE'S RECOMMENDATIONS MUST BE CONSISTENT WITH THE CEO'S EMPLOYMENT AGREEMENT, INCENTIVE AWARD OR OTHER COMPENSATION MATTERS. THE COMMITTEE COORDINATES AND DIRECTS NIPR'S CHIEF PEOPLE OPERATIONS OFFICER TO REVIEW AND RECEIVE COMPENSATION ANALYSIS AND OTHER PERTINENT DATA THAT IS FUNCTIONALLY COMPARABLE TO POSITIONS IN SIMILARLY SITUATED ORGANIZATIONS. COMPENSATION CONSULTANTS OR OTHER EXPERTS MAY BE RETAINED, AS NEEDED, SUBJECT TO THE APPROVAL OF THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS MEET EACH JUNE IN EXECUTIVE SESSION, TO HEAR THE REPORT OF THE COMPENSATION COMMITTEE AND FINALIZE THE PERFORMANCE EVALUATION AND COMPENSATION FOR THE CEO.
FORM 990, PART VI, SECTION C, LINE 19	NIPR'S ANNUAL AUDITED FINANCIAL STATEMENTS AND ITS ANNUAL REPORT ARE FOUND ON NIPR'S WEBSITE AT WWW.NIPR.COM. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.
FORM 990, PART XII, LINE 2C:	THE AUDIT COMMITTEE OF NIPR'S BOARD OF DIRECTORS IS RESPONSIBLE FOR OVERSIGHT OF THE ANNUAL INDEPENDENT FINANCIAL AUDIT, REVIEW OF NIPR'S FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE R
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Related Organizations and Unrelated Partnerships

Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
Attach to Form 990.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization

NATIONAL INSURANCE PRODUCER REGISTRY
DBA NIPR

Employer identification number

43-1763793

Part I

Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.

(a) Name, address, and EIN (if applicable) of disregarded entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Total income	(e) End-of-year assets	(f) Direct controlling entity

Part II

Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	(g) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No
(1)NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS 1100 WALNUT STREET SUITE 1000 KANSAS CITY,MO64106 31-1674580	SEE PART VII	DE	501(C)(3)		N/A		No

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50135Y

Schedule R (Form 990) (Rev. 1-2025)

Page 2

Part III

Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

Part IV

Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	(i) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	Yes	No

Schedule R (Form 990) (Rev. 1-2025)

Page 3

Part V

Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.

Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.

Yes

1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?

a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................

b Gift, grant, or capital contribution to related organization(s) ............................

c Gift, grant, or capital contribution from related organization(s) ............................

d Loans or loan guarantees to or for related organization(s) ............................

e Loans or loan guarantees by related organization(s) ............................

f Dividends from related organization(s) ............................

g Sale of assets to related organization(s) ............................

h Purchase of assets from related organization(s) ............................

i Exchange of assets with related organization(s) ............................

j Lease of facilities, equipment, or other assets to related organization(s) .......................

k Lease of facilities, equipment, or other assets from related organization(s) ......................

l Performance of services or membership or fundraising solicitations for related organization(s) .....................

m Performance of services or membership or fundraising solicitations by related organization(s) .................

Yes

n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................

Yes

o Sharing of paid employees with related organization(s) ............................

p Reimbursement paid to related organization(s) for expenses ............................

Yes

q Reimbursement paid by related organization(s) for expenses ............................

r Other transfer of cash or property to related organization(s) ............................

Yes

s Other transfer of cash or property from related organization(s) ............................

If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.

(a) Name of related organization	(b) Transaction type (a-s)	(c) Amount involved	(d) Method of determining amount involved

Schedule R (Form 990) (Rev. 1-2025)

Page 4

Part VI

Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.

Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.

(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(e) Are all partners section 501(c)(3) organizations?		(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

Schedule R (Form 990) (Rev. 1-2025)

Page 5

Part VII

Supplemental Information

Provide additional information for responses to questions on Schedule R. See instructions.

Return Reference	Explanation
SCHEDULE R, PART VII	THE NAIC IS THE U.S. STANDARD-SETTING AND REGULATORY SUPPORT ORGANIZATION CREATED AND GOVERNED BY THE CHIEF INSURANCE REGULATORS FROM THE 50 STATES, THE DISTRICT OF COLUMBIA AND THE FIVE U.S. TERRITORIES. IT IS THE NATION'S OLDEST ASSOCIATION OF STATE OFFICIALS. THROUGH THE NAIC, STATE INSURANCE REGULATORS ESTABLISH STANDARDS, BEST PRACTICES, CONDUCT REVIEWS, AND COORDINATE REGULATORY OVERSIGHT. NAIC MEMBERS, TOGETHER WITH THE CENTRAL RESOURCES OF THE NAIC, FORM THE NATIONAL SYSTEM OF STATE-BASED INSURANCE REGULATION IN THE U.S. SERVING STATE INSURANCE DEPARTMENTS, FEDERAL OFFICIALS AND THE PUBLIC. THE NAIC MAINTAINS THREE OFFICES: WASHINGTON, D.C. (EXECUTIVE OFFICE), KANSAS CITY, MISSOURI (CENTRAL OFFICE), AND NEW YORK, NY (CAPITAL MARKETS AND INVESTMENT ANALYSIS)

Return Reference

Explanation

SCHEDULE R, PART VII

THE NAIC IS THE U.S. STANDARD-SETTING AND REGULATORY SUPPORT ORGANIZATION CREATED AND GOVERNED BY THE CHIEF INSURANCE REGULATORS FROM THE 50 STATES, THE DISTRICT OF COLUMBIA AND THE FIVE U.S. TERRITORIES. IT IS THE NATION'S OLDEST ASSOCIATION OF STATE OFFICIALS. THROUGH THE NAIC, STATE INSURANCE REGULATORS ESTABLISH STANDARDS, BEST PRACTICES, CONDUCT REVIEWS, AND COORDINATE REGULATORY OVERSIGHT. NAIC MEMBERS, TOGETHER WITH THE CENTRAL RESOURCES OF THE NAIC, FORM THE NATIONAL SYSTEM OF STATE-BASED INSURANCE REGULATION IN THE U.S. SERVING STATE INSURANCE DEPARTMENTS, FEDERAL OFFICIALS AND THE PUBLIC. THE NAIC MAINTAINS THREE OFFICES: WASHINGTON, D.C. (EXECUTIVE OFFICE), KANSAS CITY, MISSOURI (CENTRAL OFFICE), AND NEW YORK, NY (CAPITAL MARKETS AND INVESTMENT ANALYSIS)

Schedule R (Form 990) (Rev. 1-2025)

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