ILTCI Conference
Legal name: Intercompany Long Term Care Insurance Conference Association I
Nonprofit profile at a glance
- EIN
- 141935432
- IRS 990 coverage
- 2020–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Beverly Hills, CA, USA
- Phone
- 4156379239
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Health, General and Financing
Reported finances
- Revenue
- $1,045,843
- Expenses
- $839,617
- Assets
- $1,329,496
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Karen Smyth (CEO)
- Jeff Levin (President)
- Gina Besz (Vice President)
People named in this filing
- Karen Smyth (CEO)
- Jeff Levin (President)
- Gina Besz (Vice President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide educational events, including an annual conference for representatives of the long-term/extended care insurance community and other strategic allies. Long-term care insurance is among the most highly regulated products in existence, and there is much discussion taking place about whether the current regulatory framework needs to change to support the products of the future. Understanding the evolving legal landscape is a critical function for everyone in the industry. Complex legal issues surrounding fraud, emerging technologies, and litigation continue to pose significant threat. This track examines various legal, regulatory and compliance issues facing the industry and the practical skills and best practices necessary to mitigate risk. Management & Operations.
What it reported doing in 2024
All fees are collected by ILTCI for conference attendance with the sole purpose of supporting the expense to put on the annual conference for representatives of the long term care community public policy institutions and government agencies. The leadership organization committee consists of all industry volunteers. The number of attendees for the March 2024 conference was 980 with 50 sessions running over 3-days.
Operating model
- Revenue model
- Other-operating. 95% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 90
- Accountability: 70
- Sustainability: 73
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.3%; rating input score 81
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 19.7%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 1.58; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 26.4% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: 34.2% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 24.4% per year; rating input score 100; 86th percentile among comparable filings
Details
- What they do: 2 operating locations identified
- Where the money goes: 81.3% of revenue deployed · 100% of spending went to programs
- Governance: 8 of 8 board members independent · 2 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $840K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 41 of 41 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Accountability: Governance controls: 4 of 6 not reported.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.
- Review — Grant Readiness: California registration: this organization could not be resolved against the register, so the check is unfinished.