Finseca Pac
Public records raise at least one point you should look into before giving.
What it says it does
THE MISSION OF FINSECA IS TO ADVOCATE FOR THE FINANCIAL SECURITY PROFESSION, DEVELOP AND GROW ITS LEADERS, AND PROMOTE THE NOBLE AND NECESSARY WORK OF ITS MEMBERS TO PROVIDE FINANCIAL AND RETIREMENT SECURITY FOR THE INDIVIDUALS, FAMILIES, AND BUSINESSES SERVED.
- Income
- $20.2 million
- Spending
- $17.9 million
- Employees
- 59
- Volunteers
- 36
- Highest pay
- $1.1 million, ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (9)
- MEMBER LEARNING AND EXPERIENCE: FINSECA PROVIDES MEETINGS TO KEEP INSURANCE PROFESSIONALS ON THE LEADING EDGE OF TRENDS AND SKILLS BY PROVIDING THEM WITH AN EDUCATION AND NETWORKING FOR PARTICIPANTS. FINSECA PROVIDES A FORUM FOR MEMBERS TO EXCHANGE INFORMATION AND AN OPPORTUNITY FOR MEMBERS TO PARTICIPATE IN PROFESSIONAL DEVELOPMENT ACTIVITIES. FINSECA PROVIDES NUMEROUS PRODUCTS AND PUBLICATIONS THAT ARE CREATED SPECIFICALLY TO FURTHER THE PROFESSIONAL DEVELOPMENT OF FIELD LEADERS IN INSURANCE AND FINANCIAL SERVICES. THESE PRODUCTS INCLUDE ONLINE ASSESSMENT TOOLS, AUDIOVISUAL PRODUCTS, AND A BOOK SERIES THAT PRESENT A BROAD COLLECTION OF PROVEN PRACTICES FROM VETERAN INDUSTRY LEADERS. FINSECA PROVIDES MEMBERS WITH PRACTICAL, APPLICATION-ORIENTED ARTICLES ON TOPICS SUCH AS RECRUITING, SELECTION, LEADERSHIP AND RETENTION.
- ADVOCACY: THE MISSION OF FINSECA EFFORTS IN THE LEGISLATIVE AND REGULATORY AFFAIRS ARENA IS TO PROMOTE AND ADVOCATE FOR OUR MEMBERS, THEIR CLIENTS, AND THE BROADER INSURANCE COMMUNITY ON PUBLIC POLICY ISSUES ASSOCIATED WITH THE USE OF LIFE INSURANCE TO PROVIDE LONG-TERM SAVINGS, PROTECTION, AND FINANCIAL AND RETIREMENT SECURITY, IN THE INDIVIDUAL, FAMILY AND BUSINESS CONTEXT. MEMBERSHIP-RUN ISSUES COMMITTEES IN EACH OF THESE AREAS WORK IN CONJUNCTION WITH FINSECA STAFF AND COUNSEL TO MONITOR PUBLIC POLICY DEVELOPMENTS AND RECOMMEND POSITIONS AND ACTIONS UP THROUGH GOVERNMENT AFFAIRS COMMITTEE AND TO THE FINSECA BOARD THAT ARE DESIGNED TO ACHIEVE THE MOST FAVORABLE LEGISLATIVE AND REGULATORY RESULTS.EXAMPLES OF SPECIFIC LEGISLATIVE, REGULATORY AND PUBLIC AFFAIRS ISSUES UNDERTAKEN BY FINSECA INCLUDE MATTERS AFFECTING ESTATE PLANNING, DEFERRED COMPENSATION, BUSINESS USES OF LIFE INSURANCE, QUALIFIED PLANS, TAX TREATMENT AND REGULATION OF LIFE INSURANCE PRODUCTS AND PRODUCERS AND THE UNDERSTANDING OF LIFE INSURANCE BY CONGRESS AND THE GENERAL PUBLIC.
- PUBLIC AFFAIRS AND MARKETING: FINSECA'S COMMUNICATION EFFORTS HELP RAISE INDUSTRY AWARENESS OF THE ORGANIZATION'S EFFORTS.
- GLOBAL: CONSISTS OF MEMBERSHIP DUES, AWARDS, LICENSING FEES FOR PROGRAM SALES, AND EVENTS AND MEETINGS. PROVIDES MEMBERS WITH CUSTOMIZED BUSINESS AND LEADERSHIP SOLUTIONS THAT ARE CUTTING-EDGE AND DESIGNED TO HELP THEM, THEIR TEAM MEMBERS, AND THEIR BUSINESS TO OUTPERFORM ON A GLOBAL BASIS.
- EVENTS: LEADERS AND MANAGERS PROGRAM (LAMP) AND ADVANCED MARKET SUMMIT. LAMP IS AN EVENT THAT FINSECA HOSTS IN THE EARLY SPRING EACH YEAR. THE EVENT ATTRACTS DOMESTIC AND GLOBAL FINANCIAL LEADERS. ATTENDEES HEAR FROM SEVERAL KEYNOTE SPEAKERS ON VARIOUS TOPICS SUCH AS LEADERSHIP MOTIVATION, AND EXPERTS IN THE FINANCIAL PROFESSION. ADVANCED MARKET SUMMIT IS AN EVENT HELD IN LATE SPRING EACH YEAR. THIS EVENT ATTRACTS TOP FINANCIAL ADVISORS WHO ATTEND THE EVENT TO HEAR FROM FELLOW HIGH PERFORMING ADVISORS, RESEARCH EXPERTS, AND SPEAKERS WHO PROVIDE EXPERT ANALYSIS ON FEDERAL AND STATE LEGISLATIVE AND REGULATORY MATTERS. IN CONJUNCTION WITH THE EVENT, FINSECA OFFERS A "DAY ON THE HILL" FOR ATTENDEES WHO WISH TO MEET WITH THEIR LEGISLATIVE REPRESENTATIVES.
- ISSUES CAMPAIGN: FINSECA IS REQUIRED TO ELEVATE EFFORTS DUE TO SPECIFIC LEGISLATIVE AND REGULATORY THREATS AGAINST THE INDUSTRY. THESE ARE CLASSIFIED AS "ISSUES CAMPAIGN", I.E. DOL, TAX REFORM, ETC. INDIVIDUALS AND CORPORATE CONTRIBUTIONS ARE MADE TO SUPPORT CAMPAIGN MANAGEMENT, QUALITATIVE RESEARCH, POLLING, POLICY PARTNERSHIPS, EARNED MEDIA, ETC. TO MAXIMIZE THE PROFESSION'S IMPACT ON CAPITOL HILL TO ENSURE POLICY IS IN BENEFIT OF THE FINANCIAL SECURITY PROFESSIONAL. THE INDIVIDUAL AND CORPORATE PARTNERS ENGAGE IN ADVOCACY WORK, RECEIVE UNIQUE OPERATIONS INSIGHTS MONTHLY AND UNIQUE QUARTERLY PRINCIPALS CALLS, AND ARE RECOGNIZED THROUGH DIFFERENT EVENTS, WEBINARS, RESOURCES, ETC.
- NAILBA: NAILBA IS FINSECA'S NEWEST COMMUNITY AND IS THE VOICE OF INDEPENDENT BROKERAGE DISTRIBUTION. THIS COMMUNITY PROMOTES RETIREMENT SECURITY AND CONSUMER CHOICE IN THE INSURANCE AND FINANCIAL SERVICES MARKETPLACE THROUGH THE USE OF INDEPENDENT WHOLESALE BROKERAGE DISTRIBUTION CHANNELS. NAILBA'S SERVICES AND BENEFITS INCLUDE NETWORKING, AN ANNUAL CONFERENCE, AND THE CASE MANAGER CERTIFICATION PROGRAM.
- MEMBERSHIP AND ENGAGEMENT: THIS REPRESENTS THE COSTS OF PROVIDING BENEFITS TO PROMOTE AND RETAIN FINSECA MEMBERS.
- CORPORATE PARTNERS: PROVIDE A CUSTOMIZED PACKAGE AND PROCESS FOR FIRMS, AGENCIES, AND CARRIERS TO REACH THE FINANCIAL SECURITY PROFESSIONALS. THERE ARE A VARIETY OF METHODS TO PROVIDE INFORMATION AND NETWORK WITH FINSECA'S VARIETY OF COMMUNITIES: EVENTS, EDUCATION PROGRAMS, ADVOCACY PROGRAMMING, DIGITAL COMMUNICATIONS, E-COMMUNICATIONS, WEBSITE, PUBLICATIONS AND WEBSITE.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2021.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.