Form 990 for tax year 2024
Filed by INSURED RETIREMENT INSTITUTE INC.
Totals
- Total revenue
- $9,282,284
- Total expenses
- $8,994,998
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $9,275,698
- Investment income
- $15,134
- Other revenue
- -$8,548
- Total assets, end of year
- $8,370,490
- Total liabilities, end of year
- $6,335,781
- Net assets or fund balances, end of year
- $2,034,709
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: MEMBERSHIP
total $5,719,173 · related or exempt $5,719,173
-
2b · Program service revenue: CONFERENCES
total $1,757,911 · related or exempt $1,757,911
-
2c · Program service revenue: INDUSTRY WIDE TRAINING
total $1,030,000 · related or exempt $1,030,000
-
2d · Program service revenue: PREMIER ALLIANCE PROGR
total $703,513 · related or exempt $703,513
-
2e · Program service revenue: COOPERATIVE TECHNOLOGI
total $65,101 · related or exempt $65,101
-
3 · Investment income
total $15,134 · excluded $15,134
-
6a · Gross rents
real property $268,926
-
6b · Less rental expenses
real property $306,051
-
6c · Rental income or loss
real property -$37,125
-
6d · Net rental income or loss
total -$37,125 · excluded -$37,125
-
11d · All other revenue
total $28,577 · related or exempt $28,577
-
11e · Other revenue, total
$28,577
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $2,588,901
-
7 · Other salaries and wages
total $2,699,794
-
8 · Pension plan contributions
total $103,295
-
9 · Other employee benefits
total $123,206
-
10 · Payroll taxes
total $290,334
-
11b · Fees: legal
total $365,795
-
11c · Fees: accounting
total $250,190
-
11d · Fees: lobbying
total $217,623
-
11g · Fees: other
total $107,716
-
12 · Advertising and promotion
total $11,399
-
13 · Office expenses
total $302,065
-
14 · Information technology
total $291,100
-
17 · Travel
total $268,647
-
19 · Conferences, conventions and meetings
total $1,261,168
-
22 · Depreciation, depletion and amortization
total $71,523
-
24a · Other expenses: STAFF TRAINING & DEVELO
total $27,916
-
24b · Other expenses: SPONSORSHIP EVENTS
total $10,872
-
24e · All other expenses
total $3,454
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $6,395,503 · end of year $6,567,735
-
2 · Savings and temporary cash investments
beginning of year $1,006,386 · end of year $1,148,868
-
4 · Accounts receivable
beginning of year $162,452 · end of year $131,108
-
9 · Prepaid expenses and deferred charges
beginning of year $288,252 · end of year $292,131
-
10a · Land, buildings and equipment: cost or other basis
$933,874
-
10b · Land, buildings and equipment: accumulated depreciation
$905,187
-
10c · Land, buildings and equipment, net
beginning of year $76,113 · end of year $28,687
-
14 · Intangible assets
beginning of year $432,206 · end of year $158,189
-
15 · Other assets
beginning of year $840,529 · end of year $43,772
-
17 · Accounts payable and accrued expenses
beginning of year $241,010 · end of year $368,914
-
19 · Deferred revenue
beginning of year $5,816,845 · end of year $5,736,375
-
25 · Other liabilities
beginning of year $1,396,163 · end of year $230,492
-
27 · Net assets without donor restrictions
beginning of year $1,747,423 · end of year $2,034,709
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2024
Mission
THE MISSION OF THE INSURED RETIREMENT INSTITUTE IS TO: A. TO CHAMPION RETIREMENT SECURITY FOR ALL AMERICANS THROUGH LEADERSHIP IN ADVOCACY, AWARENESS, RESEARCH, AND ADVANCEMENT OF TECHNOLOGY SOLUTIONS WITHIN A COLLABORATIVE INDUSTRY COMMUNITY; ANDB. TO DO SUCH OTHER AND FURTHER THINGS AS MAY SERVE AND PROMOTE THE INDUSTRY AND THE COMMON BUSINESS INTERESTS OF ITS MEMBERSHIP
Activities or mission (Part I)
TO PROMOTE UNDERSTANDING OF AND ADVOCATE ON ISSUES AFFECTING INSURED RETIREMENT STRATEGIES.
-
MEMBERSHIP & ENGAGEMENT:MEMBERSHIP SERVICES PROVIDES EDUCATION AND INFORMATION TO ASSOCIATION MEMBERS. THIS INCLUDES CONFERENCES THAT BRING TOGETHER ASSOCIATION MEMBERS AND OTHERS INTERESTED IN ANNUITY AND RETIREMENT PRODUCTS TO EDUCATE THEM ON CURRENT ISSUES, INCLUDING PRODUCT FEATURES AND BENEFITS.
-
ADVOCACY:THE ASSOCIATION'S ADVOCACY PROGRAMS SEEK TO ADVANCE PUBLIC POLICY SOLUTIONS THAT EXPAND ACCESS TO WORKPLACE RETIREMENT PLANS AND PROTECTED INCOME PRODUCTS AND TO ENSURE ACCESS TO CONSUMERS' CHOICE OF PROFESSIONAL FINANCIAL GUIDANCE, AMONG OTHER PRIORITIES.
-
OPERATIONS & TECHNOLOGY:THE ASSOCIATION'S OPERATIONS & TECHNOLOGY PROGRAMS SUPPORT THE INDUSTRY'S DEVELOPMENT OF DIGITAL SOLUTIONS FOR THE PURPOSE OF MEETING THE PRODUCT NEEDS AND SERVICE EXPECTATIONS OF FINANCIAL PROFESSIONALS AND CONSUMERS.
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Bill LoweBILL LOWE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Bob McGowanBOB MCGOWAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Christie LoftusCHRISTIE LOFTUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Christopher GradyCHRISTOPHER GRADY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Colbert NarcisseCOLBERT NARCISSE
DIRECTOR (AS OF 5/24)
- Total calculated
- $0
- Hours/week
- 2
-
Colleen TyczCOLLEEN TYCZ
DIRECTOR (AS OF 9/24)
- Total calculated
- $0
- Hours/week
- 2
-
Corey WaltherCOREY WALTHER
EXECUTIVE OFFICER, VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Craig HawleyCRAIG HAWLEY
DIRECTOR (AS OF 8/24)
- Total calculated
- $0
- Hours/week
- 2
-
Dev GangulyDEV GANGULY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Doug BrigmanDOUG BRIGMAN
DIRECTOR (UNTIL 8/24)
- Total calculated
- $0
- Hours/week
- 2
-
Dylan TysonDYLAN TYSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Eric HendersonERIC HENDERSON
DIRECTOR (UNTIL 8/24)
- Total calculated
- $0
- Hours/week
- 2
-
Graham DayGRAHAM DAY
DIRECTOR (UNTIL 5/24)
- Total calculated
- $0
- Hours/week
- 2
-
Jacob ArmstrongJACOB ARMSTRONG
DIRECTOR (UNTIL 9/24)
- Total calculated
- $0
- Hours/week
- 2
-
Jamie OhlJAMIE OHL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jay JacksonJAY JACKSON
DIRECTOR (AS OF 5/24)
- Total calculated
- $0
- Hours/week
- 2
-
Jeff LorenzenJEFF LORENZEN
DIRECTOR (AS OF 8/24)
- Total calculated
- $0
- Hours/week
- 2
-
Joe NearyJOE NEARY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Joe SchultzJOE SCHULTZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
John KennedyJOHN KENNEDY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
John SchobelJOHN SCHOBEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jordan JacksonJORDAN JACKSON
DIRECTOR (AS OF 8/24)
- Total calculated
- $0
- Hours/week
- 2
-
Joseph ToledanoJOSEPH TOLEDANO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Katherine RoyKATHERINE ROY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Kevin KennedyKEVIN KENNEDY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Laura PantaleoLAURA PANTALEO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Marci GreenMARCI GREEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Matthew WionMATTHEW WION
DIRECTOR (AS OF 5/24)
- Total calculated
- $0
- Hours/week
- 2
-
Melissa KivettMELISSA KIVETT
DIRECTOR (UNTIL 4/24)
- Total calculated
- $0
- Hours/week
- 2
-
Michael EusticMICHAEL EUSTIC
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Michael SturmMICHAEL STURM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Myles LambertMYLES LAMBERT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Paul LucasPAUL LUCAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Paula NelsonPAULA NELSON
EXECUTIVE OFFICER, TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Pete LandryPETE LANDRY
DIRECTOR (UNTIL 8/24)
- Total calculated
- $0
- Hours/week
- 2
-
Philip PellegrinoPHILIP PELLEGRINO
EXECUTIVE OFFICER, CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Robert JameisonROBERT JAMEISON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Robert PettmanROBERT PETTMAN
DIRECTOR (UNTIL 4/24)
- Total calculated
- $0
- Hours/week
- 2
-
Sean BakerSEAN BAKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Srinivas ReddySRINIVAS REDDY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Steve ScanlonSTEVE SCANLON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Terri FiedlerTERRI FIEDLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Tim FroehlichTIM FROEHLICH
DIRECTOR (AS OF 9/24)
- Total calculated
- $0
- Hours/week
- 2
-
Todd TaylorTODD TAYLOR
DIRECTOR (UNTIL 5/24)
- Total calculated
- $0
- Hours/week
- 2
-
Wayne ChopusWAYNE CHOPUS
PRESIDENT AND CEO
- Total calculated
- $1,115,829
- From this org
- $1,055,626
- From related orgs
- $0
- Other
- $60,203
- Hours/week
- 39.5
Schedule J breakdown matched by us
- Base
- $580,626
- Bonus
- $475,000
- Other
- $0
- Deferred
- $17,250
- Nontaxable benefits
- $42,953
- Filer's total
- $1,115,829
-
Wesley SeverinWESLEY SEVERIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Christina BradyCHRISTINA BRADY
CHIEF OPERATING OFFICER (UNTIL 10/24)
- Total calculated
- $276,016
- From this org
- $236,286
- From related orgs
- $0
- Other
- $39,730
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $236,286
- Bonus
- $0
- Other
- $0
- Deferred
- $11,298
- Nontaxable benefits
- $28,432
- Filer's total
- $276,016
-
Shani ArmonSHANI ARMON
CHIEF OPERATING OFFICER (AS OF 10/24)
- Total calculated
- $344,639
- From this org
- $324,634
- From related orgs
- $0
- Other
- $20,005
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $264,634
- Bonus
- $60,000
- Other
- $0
- Deferred
- $7,552
- Nontaxable benefits
- $12,453
- Filer's total
- $344,639
-
Jason BerkowitzJASON BERKOWITZ
CHIEF LEGAL AND REGULATORY OFFICER
- Total calculated
- $469,234
- From this org
- $403,411
- From related orgs
- $0
- Other
- $65,823
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $323,411
- Bonus
- $80,000
- Other
- $0
- Deferred
- $17,250
- Nontaxable benefits
- $48,573
- Filer's total
- $469,234
-
Paul RichmanPAUL RICHMAN
CHIEF GOVERNMENT AND POLITICAL AFFAIRS OFFICER
- Total calculated
- $383,183
- From this org
- $341,161
- From related orgs
- $0
- Other
- $42,022
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $286,161
- Bonus
- $55,000
- Other
- $0
- Deferred
- $14,837
- Nontaxable benefits
- $27,185
- Filer's total
- $383,183
-
Daniel ZielinskiDANIEL ZIELINSKI
CHIEF STRATEGIC COMMUNICATIONS OFFICER
- Total calculated
- $272,908
- From this org
- $221,582
- From related orgs
- $0
- Other
- $51,326
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $192,582
- Bonus
- $29,000
- Other
- $0
- Deferred
- $10,375
- Nontaxable benefits
- $40,951
- Filer's total
- $272,908
-
Francis O'ConnorFRANCIS O'CONNOR
VP, RESEARCH
- Total calculated
- $254,814
- From this org
- $206,065
- From related orgs
- $0
- Other
- $48,749
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $180,065
- Bonus
- $26,000
- Other
- $0
- Deferred
- $9,684
- Nontaxable benefits
- $39,065
- Filer's total
- $254,814
-
Katherine DeaseKATHERINE DEASE
CHIEF TECHNOLOGY AND INNOVATION OFFICER
- Total calculated
- $342,949
- From this org
- $324,048
- From related orgs
- $0
- Other
- $18,901
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $282,048
- Bonus
- $42,000
- Other
- $0
- Deferred
- $14,102
- Nontaxable benefits
- $4,799
- Filer's total
- $342,949
-
Rebecca PlowmanREBECCA PLOWMAN
DIRECTOR, COMPLIANCE AND IMPLEMENTATION
- Total calculated
- $172,294
- From this org
- $159,446
- From related orgs
- $0
- Other
- $12,848
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $140,946
- Bonus
- $18,500
- Other
- $0
- Deferred
- $7,106
- Nontaxable benefits
- $5,742
- Filer's total
- $172,294
-
Sarah WoodSARAH WOOD
DIRECTOR, STATE POLICY AND REGULATORY AFFAIRS
- Total calculated
- $188,352
- From this org
- $170,862
- From related orgs
- $0
- Other
- $17,490
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $151,362
- Bonus
- $19,500
- Other
- $0
- Deferred
- $7,651
- Nontaxable benefits
- $9,839
- Filer's total
- $188,352
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
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- PART I, LINE 7
- THE CEO'S BONUS IS DETERMINED BY THE BOARD EXECUTIVE COMMITTEE. EMPLOYEE BONUSES ARE DETERMINED BY THE CEO IN ACCORDANCE WITH THE BOARD-APPROVED BUDGET FOR BONUSES AND ANY BOARD-APPROVED CHANGES THERETO. ALL BONUSES ARE PAID AT THE DISCRETION OF THE BOARD.
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.
-
INSURED RETIREMENT INSTITUTE POLITICAL ACTION COMMITTEE
527 · POLITICAL ACTION COMMITTEE · DC · controlled entity
Directly controlled by INSURED RETIREMENT INSTITUTE INC
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503219349312995
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.