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Nonprofiteer
← SOCIETY OF ACTUARIES

Form 990 for tax year 2023

Filed by SOCIETY OF ACTUARIES.

Totals

Total revenue
$1,409,837
Total expenses
$8,464,023
Contributions and grants received
$1,311,410
Grants paid
$2,032,465
Program service revenue
$157,358
Investment income
-$58,931
Other revenue
$0
Total assets, end of year
$41,743,339
Total liabilities, end of year
$2,805,269
Net assets or fund balances, end of year
$38,938,070
Program services expenses (Part IX)
$7,860,520
Management and general expenses
$603,503
Fundraising expenses
$0
Program service expenses (Part III)
$7,860,520

Program services were 92.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • JENNIFER GILLESPIE

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • JOHN ROBINSON

    PRESIDENT & CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • TIM ROZAR

    PRESIDENT-ELECT & VICE-CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • YING ZHAO

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • AMANDA HUG

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • ARPITA DAS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • DANIEL PRIBE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • DAVID INGRAM

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • GABRIELA DIEGUEZ

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • IAN DUNCAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • JACKIE LEE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • JOSEE DEROY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • KAREN BURNETT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • KELLY RABIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • LISA KUKLINSKI

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • MARY RAMSAY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • MELODY PRANGLEY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • MERCY YAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • NAZIR VALANI

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • SARA GOLDBERG

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • SHERRY CHAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • SI XIE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • GREG HEIDRICH

    CEO

    Total calculated
    $833,507
    From this org
    $744,985
    From related orgs
    $0
    Other
    $88,522
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $571,913
    Bonus
    $173,072
    Other
    $0
    Deferred
    $74,565
    Nontaxable benefits
    $13,957
    Filer's total
    $833,507

  • ROSE B FEALY

    CAFO

    Total calculated
    $485,396
    From this org
    $428,972
    From related orgs
    $0
    Other
    $56,424
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $344,597
    Bonus
    $84,375
    Other
    $0
    Deferred
    $43,000
    Nontaxable benefits
    $13,424
    Filer's total
    $485,396

  • R DALE HALL

    MANAGING DIRECTOR RESEARCH

    Total calculated
    $488,208
    From this org
    $411,283
    From related orgs
    $0
    Other
    $76,925
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $330,900
    Bonus
    $80,383
    Other
    $0
    Deferred
    $42,378
    Nontaxable benefits
    $34,547
    Filer's total
    $488,208

  • KEN GUTHRIE

    MANAGING DIRECTOR EDUCATION

    Total calculated
    $481,025
    From this org
    $404,814
    From related orgs
    $0
    Other
    $76,211
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $324,312
    Bonus
    $80,502
    Other
    $0
    Deferred
    $41,545
    Nontaxable benefits
    $34,666
    Filer's total
    $481,025

  • JOSEPH WURZBURGER

    MANAGING DIRECTOR STRATEGY

    Total calculated
    $415,758
    From this org
    $345,901
    From related orgs
    $0
    Other
    $69,857
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $274,351
    Bonus
    $71,550
    Other
    $0
    Deferred
    $35,412
    Nontaxable benefits
    $34,445
    Filer's total
    $415,758

  • CARLA CARRY

    MANAGING DIRECTOR MARKETING & COMMUNICATIONS

    Total calculated
    $408,094
    From this org
    $343,005
    From related orgs
    $0
    Other
    $65,089
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $310,293
    Bonus
    $32,712
    Other
    $0
    Deferred
    $30,957
    Nontaxable benefits
    $34,132
    Filer's total
    $408,094

  • COURTNEY NASHAN

    MANAGING DIRECTOR ENGAGEMENT

    Total calculated
    $400,865
    From this org
    $340,466
    From related orgs
    $0
    Other
    $60,399
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $268,916
    Bonus
    $71,550
    Other
    $0
    Deferred
    $35,526
    Nontaxable benefits
    $24,873
    Filer's total
    $400,865

  • ANDREW PETERSON

    MANAGING DIRECTOR INTERNATIONAL

    Total calculated
    $367,816
    From this org
    $302,788
    From related orgs
    $0
    Other
    $65,028
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $247,676
    Bonus
    $55,112
    Other
    $0
    Deferred
    $30,834
    Nontaxable benefits
    $34,194
    Filer's total
    $367,816

  • VICKI BAUE

    GENERAL COUNSEL

    Total calculated
    $336,381
    From this org
    $291,788
    From related orgs
    $0
    Other
    $44,593
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $279,488
    Bonus
    $12,300
    Other
    $0
    Deferred
    $31,980
    Nontaxable benefits
    $12,613
    Filer's total
    $336,381

  • MONIKA MCGUIRE

    GENERAL COUNSEL

    Total calculated
    $366,572
    From this org
    $298,223
    From related orgs
    $0
    Other
    $68,349
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $244,201
    Bonus
    $54,022
    Other
    $0
    Deferred
    $30,617
    Nontaxable benefits
    $37,732
    Filer's total
    $366,572

  • STUART KLUGMAN

    SR. STAFF FELLOW

    Total calculated
    $321,788
    From this org
    $279,660
    From related orgs
    $0
    Other
    $42,128
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $240,657
    Bonus
    $39,003
    Other
    $0
    Deferred
    $28,638
    Nontaxable benefits
    $13,490
    Filer's total
    $321,788

  • EMILY KESSLER

    SR. STAFF FELLOW

    Total calculated
    $316,503
    From this org
    $274,532
    From related orgs
    $0
    Other
    $41,971
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $239,475
    Bonus
    $35,057
    Other
    $0
    Deferred
    $27,965
    Nontaxable benefits
    $14,006
    Filer's total
    $316,503

  • CYNTHIA MACDONALD

    SR. STAFF ACTUARY

    Total calculated
    $314,341
    From this org
    $253,658
    From related orgs
    $0
    Other
    $60,683
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $234,144
    Bonus
    $19,514
    Other
    $0
    Deferred
    $26,561
    Nontaxable benefits
    $34,122
    Filer's total
    $314,341

  • TIFFANY BERGER

    SR. DIRECTOR, FINANCE & FACILITIES

    Total calculated
    $303,676
    From this org
    $255,185
    From related orgs
    $0
    Other
    $48,491
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $210,537
    Bonus
    $44,648
    Other
    $0
    Deferred
    $26,358
    Nontaxable benefits
    $22,133
    Filer's total
    $303,676

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, and on a Form 990-PF Part VIII's — 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

  • 1a · First-class or charter travel
  • 1a · Travel for companions
  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
THE LESSER OF FIRST CLASS OR BUSINESS CLASS TRAVEL IS ALLOWED ON FLIGHTS LONGER THAN 7 HOURS AND OUTSIDE OF THE US AND CANADA. IT IS A REIMBURSABLE BUSINESS EXPENSE AND THEREFORE, NOT TAXABLE COMPENSATION. SPOUSAL TRAVEL IS ALLOWED FOR THE PAST-PRESIDENT, PRESIDENT, PRESIDENT-ELECT, AND SECRETARY/TREASURER AND IS TREATED AS TAXABLE COMPENSATION. IN ORDER TO PROMOTE A HEALTHY LIFESTYLE, HEALTH CLUB DUES ARE PROVIDED UP TO $200 PER CALENDAR YEAR AND ARE TREATED AS TAXABLE COMPENSATION.
PART I, LINE 4B
DURING 2023, THE CEO ACCRUED A BENEFIT OF $19,065 FROM A 457(F) NON-QUALIFIED RETIREMENT PLAN. THE EMPLOYEE'S ACCOUNT SHALL VEST AS OF THE EARLIEST OF THE FOLLOWING DATES: (I) THE DEATH OF THE EMPLOYEE; (II) THE EMPLOYEE'S TOTAL DISABILITY; (III) THE EMPLOYEE'S INVOLUNTARY SEPARATION FROM SERVICE BY THE EMPLOYER WITHOUT CAUSE; (IV) THE EMPLOYEE'S SEPARATION FROM SERVICE FOR GOOD REASON; OR (V) JUNE 30, 2025. IF THE EMPLOYEE INCURS A SEPARATION FROM SERVICE RESULTING FROM A VOLUNTARY QUIT OR INCURS AN INVOLUNTARY SEPARATION FROM SERVICE FOR CAUSE PRIOR TO JUNE 30, 2025, THE BALANCE OF THE EMPLOYEE'S ACCOUNT SHALL BE FORFEITED.
PART I, LINE 7
ANNUAL BONUSES ARE DETERMINED BY PRESET PERCENTAGES BY SALARY GRADES. THE CEO, DEPUTY CEO, AND EXECUTIVE COMMITTEE HAVE DISCRETION OVER WHICH PERCENTAGE, WITHIN THE RANGE, IS USED TO DETERMINE BONUSES.

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

The 10 largest by cash amount. The API serves every itemized grant.

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
24 October 2024
IRS schema version
2023v5.1
Source object
202413109349302386

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

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