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← FIAT LUX RISK AND INSURANCE COMPANY

Form 990 for tax year 2023

Filed by FIAT LUX RISK AND INSURANCE COMPANY.

Totals

Total revenue
$621,291,221
Total expenses
$642,776,906
Contributions and grants received
$0
Grants paid
$0
Program services expenses (Part IX)
$641,437,854
Management and general expenses
$1,339,052
Fundraising expenses
$0
Program service expenses (Part III)
$641,437,854

Program services were 99.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • KEVIN A CONFETTI

    President

    Total calculated
    $356,994
    From this org
    $0
    From related orgs
    $318,028
    Other
    $38,966
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $0 + $315,752 related
    Bonus
    $0
    Other
    $0 + $2,276 related
    Deferred
    $0 + $3,966 related
    Nontaxable benefits
    $0 + $35,000 related
    Filer's total
    $0 + $356,994 related

  • NATHAN BROSTROM

    Director/Chair/CFO

    Total calculated
    $647,950
    From this org
    $0
    From related orgs
    $542,701
    Other
    $105,249
    Hours/week
    3 + 37 related

    Schedule J breakdown matched by us

    Base
    $0 + $529,243 related
    Bonus
    $0
    Other
    $0 + $13,458 related
    Deferred
    $0 + $72,508 related
    Nontaxable benefits
    $0 + $32,741 related
    Filer's total
    $0 + $647,950 related

  • NORMAN L HAMILL

    Director/SECRETARY

    Total calculated
    $340,500
    From this org
    $0
    From related orgs
    $289,191
    Other
    $51,309
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $289,191 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $40,978 related
    Nontaxable benefits
    $0 + $10,331 related
    Filer's total
    $0 + $340,500 related

  • Jarid Beck

    DIRECTOR (Until 10/05/23)

    Total calculated
    $0
    Hours/week
    1

  • Michael Beck

    Director

    Total calculated
    $353,652
    From this org
    $0
    From related orgs
    $237,051
    Other
    $116,601
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $0 + $232,923 related
    Bonus
    $0
    Other
    $0 + $4,128 related
    Deferred
    $0 + $85,424 related
    Nontaxable benefits
    $0 + $31,177 related
    Filer's total
    $0 + $353,652 related

  • MICHAEL DRAKE

    DIRECTOR

    Total calculated
    $1,058,565
    From this org
    $0
    From related orgs
    $983,546
    Other
    $75,019
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $963,770 related
    Bonus
    $0
    Other
    $0 + $19,776 related
    Deferred
    $0 + $37,469 related
    Nontaxable benefits
    $0 + $37,550 related
    Filer's total
    $0 + $1,058,565 related

  • Peter Taylor

    Director (Began 06/20/24)

    Total calculated
    $0
    Hours/week
    1

  • RACHAEL NAVA

    Director

    Total calculated
    $569,467
    From this org
    $0
    From related orgs
    $467,915
    Other
    $101,552
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $0 + $444,292 related
    Bonus
    $0
    Other
    $0 + $23,623 related
    Deferred
    $0 + $67,272 related
    Nontaxable benefits
    $0 + $34,280 related
    Filer's total
    $0 + $569,467 related

  • RON CORTEZ

    Director

    Total calculated
    $0
    Hours/week
    1

  • CHRIS C HARRINGTON

    ASST. SECRETARY

    Total calculated
    $334,034
    From this org
    $0
    From related orgs
    $286,900
    Other
    $47,134
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $285,229 related
    Bonus
    $0
    Other
    $0 + $1,671 related
    Deferred
    $0 + $39,932 related
    Nontaxable benefits
    $0 + $7,202 related
    Filer's total
    $0 + $334,034 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings

The filer's explanations (Part III)

Schedule J, Part I, Line 3 COMPENSATION OF TOP MANAGEMENT OFFICIAL
THE TOP MANAGEMENT OFFICIAL IS COMPENSATED BY A RELATED ORGANIZATION, THE REGENTS OF THE UNIVERSITY OF CALIFORNIA, FOR THEIR SERVICES TO THE RELATED ORGANIZATION AND THE FILING ORGANIZATION. THE PROCESS BY THE RELATED ORGANIZATION TO DETERMINE COMPENSATION include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
1 May 2025
IRS schema version
2023v6.0
Source object
202501219349301435

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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