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Nonprofiteer
← AMERICAN INSTITUTE FOR ECONOMIC RESEARCH INC

Form 990 for tax year 2023

Filed by AMERICAN INSTITUTE FOR ECONOMIC RESEARCH INC.

Totals

Total revenue
$4,819,132
Total expenses
$9,251,965
Contributions and grants received
$2,703,669
Grants paid
$66,760
Program service revenue
not reported
Investment income
not reported
Other revenue
not reported
Total assets, end of year
not reported
Total liabilities, end of year
not reported
Net assets or fund balances, end of year
not reported
Program services expenses (Part IX)
$7,252,405
Management and general expenses
$1,008,865
Fundraising expenses
$990,695
Program service expenses (Part III)
$7,252,405

Program services were 78.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • GREGORY M VAN KIPNIS

    CHAIR

    Total calculated
    $0
    Hours/week
    10

  • STEPHEN C MILLER

    SECRETARY (THRU 8/23)

    Total calculated
    $0
    Hours/week
    10

  • FREDERICK C HARWOOD

    SECRETARY (AS OF 8/23)

    Total calculated
    $0
    Hours/week
    10

  • TERRY W ANKER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • KATHERINE H DELAY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • LATIMER B EDDY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • NELSON E FURLANO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • DOUGLAS L HARWOOD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • ADAM KISSEL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • BRADLEY K HOBBS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • JAMES C LORDEMAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • REED E PHILLIPS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • SURSE T PIERPOINT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • BENJAMIN W POWELL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • GERALD E SOHAN

    TRUSTEE (THRU 10/23)

    Total calculated
    $0
    Hours/week
    5

  • WILLIAM RUGER

    PRESIDENT

    Total calculated
    $551,768
    From this org
    $535,814
    From related orgs
    $0
    Other
    $15,954
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $459,414
    Bonus
    $75,000
    Other
    $1,400
    Deferred
    $13,200
    Nontaxable benefits
    $2,754
    Filer's total
    $551,768

  • MICHELE M KEARNS

    VICE PRESIDENT, FINANCE

    Total calculated
    $245,791
    From this org
    $213,810
    From related orgs
    $0
    Other
    $31,981
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $213,810
    Bonus
    $0
    Other
    $0
    Deferred
    $9,019
    Nontaxable benefits
    $22,962
    Filer's total
    $245,791

  • PHILLIP MAGNESS

    DIR. OF RESEARCH & EDU (THRU 7/23)

    Total calculated
    $241,829
    From this org
    $223,497
    From related orgs
    $0
    Other
    $18,332
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $223,497
    Bonus
    $0
    Other
    $0
    Deferred
    $9,359
    Nontaxable benefits
    $8,973
    Filer's total
    $241,829

  • BRADLEY J DEVOS

    DIRECTOR OF PROGRAMS

    Total calculated
    $215,634
    From this org
    $187,216
    From related orgs
    $0
    Other
    $28,418
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $187,216
    Bonus
    $0
    Other
    $0
    Deferred
    $7,731
    Nontaxable benefits
    $20,687
    Filer's total
    $215,634

  • SAMUEL GREGG

    SENIOR RESEARCH FACULTY

    Total calculated
    $218,057
    From this org
    $208,708
    From related orgs
    $0
    Other
    $9,349
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $208,708
    Bonus
    $0
    Other
    $0
    Deferred
    $8,363
    Nontaxable benefits
    $986
    Filer's total
    $218,057

  • THOMAS L HOGAN

    SENIOR RESEARCH FACULTY

    Total calculated
    $167,486
    From this org
    $153,026
    From related orgs
    $0
    Other
    $14,460
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $153,026
    Bonus
    $0
    Other
    $0
    Deferred
    $6,256
    Nontaxable benefits
    $8,204
    Filer's total
    $167,486

  • JASON KELLY

    DATA & ANALYTICS DIRECTOR

    Total calculated
    $144,047
    From this org
    $129,501
    From related orgs
    $0
    Other
    $14,546
    Hours/week
    40

  • LAURIE B PSHENISHNY

    ASSISTANT COMPTROLLER

    Total calculated
    $146,397
    From this org
    $127,187
    From related orgs
    $0
    Other
    $19,210
    Hours/week
    40

  • RYAN YONK

    SENIOR RESEARCH FACULTY

    Total calculated
    $132,441
    From this org
    $126,627
    From related orgs
    $0
    Other
    $5,814
    Hours/week
    40

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 · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
TEMPORARY HOUSING WHILE RELOCATING TO MASSACHUSETTS
PART I, LINE 3
VICE PRESIDENT OF FINANCE FROM TIME TO TIME PROVIDES MARKET DATA TO THE COMPENSATION COMMITTEE. DELIBERATION AND DECISION BY THE BOARD OF TRUSTEES REGARDING COMPENSATION ADJUSTMENTS FOR EXECUTIVES ARE BASED ON PERFORMANCE EVALUATIONS AND MARKET DATA. THESE DECISIONS ARE RECORDED IN THE OFFICIAL MINUTES OF ITS MEETINGS.
PART I, LINE 7
DISCRETIONARY BONUS WAS PAID TO CERTAIN EMPLOYEES.

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.

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.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • AMERICAN INVESTMENT SERVICES INC

    C · INVESTMENT MANAGEMENT SERVICES · DE · 100% owned · share of income $4,079,517 · share of assets $3,125,201 · controlled entity

    Directly controlled by AMERICAN INSTITUTE FOR ECONOMIC RESEARCH

Provenance

Return type
form_990
Tax year
2023
Filed
2 October 2024
IRS schema version
2023v5.1
Source object
202422969349300227

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