Totals
- Total revenue
- $23,998,429
- Total expenses
- $22,327,723
- Contributions and grants received
- $0
- Grants paid
- $664,189
- Program service revenue
- $22,410,318
- Investment income
- $1,542,745
- Other revenue
- $45,366
- Total assets, end of year
- $36,285,988
- Total liabilities, end of year
- $9,600,647
- Net assets or fund balances, end of year
- $26,685,341
- 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: MEETINGS REVENUE
total $7,817,320 · related or exempt $7,817,320
-
2b · Program service revenue: EXAM INCOME
total $7,369,846 · related or exempt $7,369,846
-
2c · Program service revenue: DUES INCOME
total $7,113,988 · related or exempt $7,113,988
-
2d · Program service revenue: ACTUARIAL REVIEW ADVERTISING
total $79,068 · unrelated business $79,068
-
2e · Program service revenue: WEBSITE ADVERTISING
total $29,721 · unrelated business $29,721
-
2f · All other program service revenue
total $375 · related or exempt $375
-
3 · Investment income
total $867,721 · excluded $867,721
-
7a · Gross sales of assets other than inventory
securities $11,356,743
-
7b · Less cost or other basis and sales expenses
securities $10,681,719
-
7c · Gain or loss
securities $675,024
-
7d · Net gain or loss
total $675,024 · excluded $675,024
-
11d · All other revenue
total $45,366 · excluded $45,366
-
11e · Other revenue, total
$45,366
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $323,446
-
2 · Grants to domestic individuals
total $14,333
-
3 · Grants to foreign organizations and individuals
total $326,410
-
5 · Compensation of officers, directors and key employees
total $1,662,207
-
7 · Other salaries and wages
total $6,248,955
-
8 · Pension plan contributions
total $150,734
-
9 · Other employee benefits
total $1,147,236
-
10 · Payroll taxes
total $482,865
-
11b · Fees: legal
total $91,303
-
11c · Fees: accounting
total $64,004
-
11g · Fees: other
total $1,585,542
-
12 · Advertising and promotion
total $701,782
-
13 · Office expenses
total $1,236,980
-
14 · Information technology
total $975,654
-
16 · Occupancy
total $421,467
-
17 · Travel
total $443,396
-
19 · Conferences, conventions and meetings
total $2,265,629
-
20 · Interest
total $5,869
-
22 · Depreciation, depletion and amortization
total $138,702
-
23 · Insurance
total $156,539
-
24a · Other expenses: MEALS AND ENTERTAINMENT
total $3,326,564
-
24b · Other expenses: ACCRUED RESEARCH GRANTS
total $504,290
-
24e · All other expenses
total $53,816
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,860,378 · end of year $661,199
-
4 · Accounts receivable
beginning of year $223,580 · end of year $273,214
-
8 · Inventories for sale or use
beginning of year $5,870
-
9 · Prepaid expenses and deferred charges
beginning of year $754,694 · end of year $1,659,502
-
10a · Land, buildings and equipment: cost or other basis
$1,725,132
-
10b · Land, buildings and equipment: accumulated depreciation
$674,951
-
10c · Land, buildings and equipment, net
beginning of year $970,836 · end of year $1,050,181
-
11 · Investments: publicly traded securities
beginning of year $28,986,934 · end of year $32,316,161
-
15 · Other assets
beginning of year $706,504 · end of year $325,731
-
17 · Accounts payable and accrued expenses
beginning of year $2,855,747 · end of year $3,149,515
-
19 · Deferred revenue
beginning of year $5,643,024 · end of year $5,500,575
-
25 · Other liabilities
beginning of year $1,653,108 · end of year $950,557
-
27 · Net assets without donor restrictions
beginning of year $23,356,917 · end of year $26,685,341
Mission and programs · 2024
Mission
SEE SCHEDULE O.THE PURPOSES OF THE CASUALTY ACTUARIAL SOCIETY ARE TO ADVANCE THE BODY OF KNOWLEDGE OF ACTUARIAL SCIENCE APPLIED TO GENERAL INSURANCE, INCLUDING PROPERTY, CASUALTY AND SIMILAR RISK EXPOSURES; TO EXPAND THE APPLICATION OF ACTUARIAL SCIENCE TO ENTERPRISE RISK AND SYSTEMIC RISKS; TO ESTABLISH AND MAINTAIN STANDARDS OF QUALIFICATION FOR MEMBERSHIP; TO PROMOTE AND MAINTAIN HIGH STANDARDS OF CONDUCT AND COMPETENCE; TO INCREASE AWARENESS OF ACTUARIAL SCIENCE; AND, TO CONTRIBUTE TO THE WELL BEING OF SOCIETY AS A WHOLE.
Activities or mission (Part I)
TO ADVANCE THE BODY OF KNOWLEDGE OF ACTUARIAL SCIENCE APPLIED TO GENERAL INSURANCE.
-
MEETINGS AND SEMINARS:SPONSORED 2 MEETINGS, 14 SEMINARS, 26 WEBINARS, AND 11 COURSES ON PROFESSIONALISM TO ADVANCE THE BODY OF ACTUARIAL KNOWLEDGE AND INCREASE THE AWARENESS OF ACTUARIAL SCIENCE.
-
EXAMS:SPONSORED ACTUARIAL 9,645 EXAMS IN FY2025 TO EDUCATE STUDENTS ON PROPERTY CASUALTY APPLICATIONS. ONCE THEY HAVE PASSED THE EXAMS, THEY QUALIFY FOR MEMBERSHIP.
-
PUBLICATIONS AND REFERENCE MATERIALS:PRODUCED 6 ISSUES OF ACTUARIAL REVIEW, 2 VARIANCE JOURNALS, SEVERAL WHITE PAPERS, RESEARCH PAPERS, AND MONOGRAPHS TO FURTHER THE KNOWLEDGE AND UNDERSTANDING OF PROPERTY CASUALTY ACTUARIAL PROFESSIONALS AND EXAM APPLICANTS.
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
A David CummingsA DAVID CUMMINGS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 10 + 2 related
-
Barry FranklinBARRY FRANKLIN
PRESIDENT-ELECT
- Total calculated
- $0
- Hours/week
- 10 + 2 related
-
Roosevelt MosleyROOSEVELT MOSLEY
BOARD CHAIR (UNTIL 11/24)
- Total calculated
- $0
- Hours/week
- 20 + 2 related
-
Frank ChangFRANK CHANG
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 20 + 2 related
-
Steve BeldenSTEVE BELDEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 2 related
-
Wanchin ChouWANCHIN CHOU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 2 related
-
Stephanie EspySTEPHANIE ESPY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 2 related
-
David FoleyDAVID FOLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 2 related
-
Peter HahnPETER HAHN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 2 related
-
Anand KhareANAND KHARE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 2 related
-
Julie LedererJULIE LEDERER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 2 related
-
Len LlagunoLEN LLAGUNO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 2 related
-
Sandy LoweSANDY LOWE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 2 related
-
Jason MachtingerJASON MACHTINGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 2 related
-
Joe MiliciaJOE MILICIA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 2 related
-
Amber RohdeAMBER ROHDE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 2 related
-
Simone WalkerSIMONE WALKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 2 related
-
Kathleen Ores WalshKATHLEEN ORES WALSH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 2 related
-
Justin BrendenJUSTIN BRENDEN
DIRECTOR (UNTIL 11/24)
- Total calculated
- $0
- Hours/week
- 5 + 2 related
-
Yvonne PalmYVONNE PALM
DIRECTOR (UNTIL 11/24)
- Total calculated
- $0
- Hours/week
- 5 + 2 related
-
Kathy OlceseKATHY OLCESE
DIRECTOR (UNTIL 11/24)
- Total calculated
- $0
- Hours/week
- 5 + 2 related
-
Alicia SpeightALICIA SPEIGHT
DIRECTOR (UNTIL 11/24)
- Total calculated
- $0
- Hours/week
- 5 + 2 related
-
Jason RussJASON RUSS
DIRECTOR (UNTIL 11/24), VP-ADMISSIONS
- Total calculated
- $0
- Hours/week
- 5
-
Victor Carter-BeyVICTOR CARTER-BEY
CHIEF EXECUTIVE OFFICER
- Total calculated
- $744,700
- From this org
- $586,953
- From related orgs
- $0
- Other
- $157,747
- Hours/week
- 40 + 2 related
Schedule J breakdown matched by us
- Base
- $469,953
- Bonus
- $117,000
- Other
- $0
- Deferred
- $124,211
- Nontaxable benefits
- $33,536
- Filer's total
- $744,700
-
Todd RogersTODD ROGERS
CHIEF FINANCIAL OFFICER
- Total calculated
- $468,472
- From this org
- $327,020
- From related orgs
- $0
- Other
- $141,452
- Hours/week
- 40 + 2 related
Schedule J breakdown matched by us
- Base
- $295,120
- Bonus
- $31,900
- Other
- $0
- Deferred
- $108,394
- Nontaxable benefits
- $33,058
- Filer's total
- $468,472
-
Anthony BustilloANTHONY BUSTILLO
VP-PROFESSIONAL EDUCATION
- Total calculated
- $0
- Hours/week
- 5
-
Richard MoncherRICHARD MONCHER
VP-ADMINISTRATION
- Total calculated
- $0
- Hours/week
- 5
-
William WilderWILLIAM WILDER
VP-ADMISSIONS
- Total calculated
- $0
- Hours/week
- 5
-
Keith BermanKEITH BERMAN
VP-INTERNATIONAL
- Total calculated
- $0
- Hours/week
- 5
-
Erin OlsonERIN OLSON
VP-MARKETING & COMMUNICATIONS
- Total calculated
- $0
- Hours/week
- 5
-
Morgan BugbeeMORGAN BUGBEE
VP-RESEARCH & DEVELOPMENT
- Total calculated
- $0
- Hours/week
- 5
-
Kathleen DeanKATHLEEN DEAN
DIRECTOR, MEETING SERVICES
- Total calculated
- $265,356
- From this org
- $184,687
- From related orgs
- $0
- Other
- $80,669
- Hours/week
- 40 + 2 related
Schedule J breakdown matched by us
- Base
- $173,587
- Bonus
- $11,100
- Other
- $0
- Deferred
- $47,922
- Nontaxable benefits
- $32,747
- Filer's total
- $265,356
-
Alicia BurkeALICIA BURKE
ICAS DIRECTOR OF PORTFOLIO & PRODUCT DEVELOPMENT
- Total calculated
- $211,146
- From this org
- $183,565
- From related orgs
- $0
- Other
- $27,581
- Hours/week
- 40 + 2 related
Schedule J breakdown matched by us
- Base
- $169,365
- Bonus
- $14,200
- Other
- $0
- Deferred
- $16,142
- Nontaxable benefits
- $11,439
- Filer's total
- $211,146
-
J Michael BoaJ MICHAEL BOA
CHIEF COMMUNICATIONS OFFICER
- Total calculated
- $412,153
- From this org
- $301,163
- From related orgs
- $0
- Other
- $110,990
- Hours/week
- 40 + 2 related
Schedule J breakdown matched by us
- Base
- $275,763
- Bonus
- $25,400
- Other
- $0
- Deferred
- $90,324
- Nontaxable benefits
- $20,666
- Filer's total
- $412,153
-
Kendall WilliamsKENDALL WILLIAMS
STAFF ACTUARY
- Total calculated
- $323,756
- From this org
- $266,591
- From related orgs
- $0
- Other
- $57,165
- Hours/week
- 40 + 2 related
Schedule J breakdown matched by us
- Base
- $245,791
- Bonus
- $20,800
- Other
- $0
- Deferred
- $23,985
- Nontaxable benefits
- $33,180
- Filer's total
- $323,756
-
John KleineJOHN KLEINE
CHIEF GROWTH AND PRODUCT OFFICER
- Total calculated
- $312,940
- From this org
- $256,656
- From related orgs
- $0
- Other
- $56,284
- Hours/week
- 40 + 2 related
Schedule J breakdown matched by us
- Base
- $234,956
- Bonus
- $21,700
- Other
- $0
- Deferred
- $23,130
- Nontaxable benefits
- $33,154
- Filer's total
- $312,940
-
Joyce NeverovJOYCE NEVEROV
CHIEF BUSINESS OFFICER
- Total calculated
- $285,680
- From this org
- $260,618
- From related orgs
- $0
- Other
- $25,062
- Hours/week
- 40 + 2 related
Schedule J breakdown matched by us
- Base
- $237,218
- Bonus
- $23,400
- Other
- $0
- Deferred
- $23,356
- Nontaxable benefits
- $1,706
- Filer's total
- $285,680
-
Carrie CrossCARRIE CROSS
STRATEGY AND LEARNING PARTNER
- Total calculated
- $205,687
- From this org
- $160,846
- From related orgs
- $0
- Other
- $44,841
- Hours/week
- 40 + 2 related
Schedule J breakdown matched by us
- Base
- $151,346
- Bonus
- $9,500
- Other
- $0
- Deferred
- $14,076
- Nontaxable benefits
- $30,765
- Filer's total
- $205,687
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 · 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
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
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
-
$140,000
TO PROVIDE FUNDING FOR ADMINISTRATION OF ORGANIZATION
-
TO PROVIDE FUNDING FOR ADMINISTRATION OF ORGANIZATION
-
ORGANIZATION OF LATINO ACTUARIES
$22,500
TO PROVIDE FUNDING FOR ADMINISTRATION OF ORGANIZATION
-
PINNACLE ACTUARIAL RESOURCES INC
$22,500
ACTUARIAL RESEARCH
-
SPONSORSHIP
-
UNIVERSITY OF TEXAS-DALLAS
$11,667
ACTUARIAL RESEARCH
-
SPONSORSHIP, ACRUARIAL CAREER AD PLACEMENTS
-
STEM MUSE PBC LLC
$7,500
SPONSORSHIP
-
UMCES (UNIVERSITY OF MARYLAND CENTER FOR ENVIRONMENTAL SCIENCE)
$7,428
ACTUARIAL RESEARCH
-
$7,000
SPONSORSHIP
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.
-
CASUALTY ACTUARIAL SOCIETY TRUST
501(C)(3) · SEE PART VII · VA · controlled entity
Directly controlled by CASUALTY ACTUARIAL SOCIETY
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
PROVIDE PREMIER SPECIALTY CREDENTIALING & PROF EDU TO TECHNICAL SPECIALISTS. · VA · income $0 · assets $0
Directly controlled by CASUALTY ACTUARIAL SOCIETY
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 11 August 2026
- IRS schema version
- 2024v5.5
- Source object
- 202602259349300415
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.