Skip to content
Nonprofiteer
← RIVERSIDE RESEARCH INSTITUTE

Form 990 for tax year 2023

Filed by RIVERSIDE RESEARCH INSTITUTE.

Totals

Total revenue
$162,656,925
Total expenses
$149,206,822
Contributions and grants received
$0
Grants paid
$170,000
Program service revenue
$157,666,398
Investment income
$4,972,183
Other revenue
$18,344
Total assets, end of year
$142,413,433
Total liabilities, end of year
$46,752,749
Net assets or fund balances, end of year
$95,660,684
Program services expenses (Part IX)
$141,188,802
Management and general expenses
$8,018,020
Fundraising expenses
$0
Program service expenses (Part III)
$141,188,802

Program services were 94.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • S R OMICK PHD

    PRESIDENT AND CEO

    Total calculated
    $1,215,287
    From this org
    $1,188,687
    From related orgs
    $0
    Other
    $26,600
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $620,000
    Bonus
    $500,000
    Other
    $68,687
    Deferred
    $16,500
    Nontaxable benefits
    $10,100
    Filer's total
    $1,215,287

  • K POWERS

    CFO, Treasurer, & CORP SEC

    Total calculated
    $536,026
    From this org
    $519,439
    From related orgs
    $0
    Other
    $16,587
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $361,858
    Bonus
    $151,692
    Other
    $5,889
    Deferred
    $16,587
    Nontaxable benefits
    $0
    Filer's total
    $536,026

  • M BAREFOOT

    VP BU DIRECTOR

    Total calculated
    $451,548
    From this org
    $422,953
    From related orgs
    $0
    Other
    $28,595
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $303,175
    Bonus
    $119,700
    Other
    $78
    Deferred
    $28,240
    Nontaxable benefits
    $355
    Filer's total
    $451,548

  • J PURSEL

    VP BU DIRECTOR

    Total calculated
    $425,859
    From this org
    $382,500
    From related orgs
    $0
    Other
    $43,359
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $279,845
    Bonus
    $102,600
    Other
    $55
    Deferred
    $33,030
    Nontaxable benefits
    $10,329
    Filer's total
    $425,859

  • V ARTHUR

    DIRECTOR (THRU 11/23)

    Total calculated
    $382,103
    From this org
    $366,239
    From related orgs
    $0
    Other
    $15,864
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $241,486
    Bonus
    $65,495
    Other
    $59,258
    Deferred
    $15,385
    Nontaxable benefits
    $479
    Filer's total
    $382,103

  • J LUKE

    VP BU DIRECTOR

    Total calculated
    $366,395
    From this org
    $346,950
    From related orgs
    $0
    Other
    $19,445
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $248,895
    Bonus
    $98,000
    Other
    $55
    Deferred
    $14,535
    Nontaxable benefits
    $4,910
    Filer's total
    $366,395

  • A BHAVE

    COO (THRU 07/23)

    Total calculated
    $365,506
    From this org
    $348,797
    From related orgs
    $0
    Other
    $16,709
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $201,952
    Bonus
    $146,782
    Other
    $63
    Deferred
    $16,510
    Nontaxable benefits
    $199
    Filer's total
    $365,506

  • M D'Angelo

    CHRO

    Total calculated
    $327,893
    From this org
    $308,078
    From related orgs
    $0
    Other
    $19,815
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $279,523
    Bonus
    $28,500
    Other
    $55
    Deferred
    $15,805
    Nontaxable benefits
    $4,010
    Filer's total
    $327,893

  • W D Casebeer

    Director

    Total calculated
    $327,072
    From this org
    $311,512
    From related orgs
    $0
    Other
    $15,560
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $261,457
    Bonus
    $50,000
    Other
    $55
    Deferred
    $15,560
    Nontaxable benefits
    $0
    Filer's total
    $327,072

  • T Waltz

    VP BU Director

    Total calculated
    $321,737
    From this org
    $296,323
    From related orgs
    $0
    Other
    $25,414
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $260,935
    Bonus
    $35,333
    Other
    $55
    Deferred
    $15,314
    Nontaxable benefits
    $10,100
    Filer's total
    $321,737

  • E PATTERSON

    Technical Fellow

    Total calculated
    $313,788
    From this org
    $289,920
    From related orgs
    $0
    Other
    $23,868
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $181,565
    Bonus
    $108,300
    Other
    $55
    Deferred
    $22,064
    Nontaxable benefits
    $1,804
    Filer's total
    $313,788

  • R DENZ

    DIRECTOR

    Total calculated
    $311,294
    From this org
    $286,499
    From related orgs
    $0
    Other
    $24,795
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $236,444
    Bonus
    $50,000
    Other
    $55
    Deferred
    $14,818
    Nontaxable benefits
    $9,977
    Filer's total
    $311,294

  • F FALCO PHD

    DIRECTOR

    Total calculated
    $309,129
    From this org
    $274,651
    From related orgs
    $0
    Other
    $34,478
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $254,596
    Bonus
    $20,000
    Other
    $55
    Deferred
    $27,946
    Nontaxable benefits
    $6,532
    Filer's total
    $309,129

  • J SHIELDS

    CHAIRMAN

    Total calculated
    $70,000
    From this org
    $70,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    8

  • A ROUSE

    TRUSTEE

    Total calculated
    $56,000
    From this org
    $56,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • J HARRIS

    VICE CHAIRMAN

    Total calculated
    $54,000
    From this org
    $54,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    8

  • C DOWNES

    TRUSTEE

    Total calculated
    $54,000
    From this org
    $54,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • A GRASSO

    TRUSTEE

    Total calculated
    $51,000
    From this org
    $51,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • G BENNETT PHD

    TRUSTEE

    Total calculated
    $51,000
    From this org
    $51,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • R BROTHERS PHD

    TRUSTEE

    Total calculated
    $49,000
    From this org
    $49,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • L PORTER PHD

    TRUSTEE

    Total calculated
    $47,000
    From this org
    $47,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • S SHEA

    TRUSTEE

    Total calculated
    $47,000
    From this org
    $47,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • T C YORK

    TRUSTEE

    Total calculated
    $47,000
    From this org
    $47,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • J GIERING

    TRUSTEE

    Total calculated
    $45,000
    From this org
    $45,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • W N MCCASLAND PHD

    TRUSTEE

    Total calculated
    $45,000
    From this org
    $45,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

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 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 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)

SCHEDULE J, PART I, LINE 3:
RIVERSIDE RESEARCH ANNUALLY UPDATES DATA FROM PUBLIC SOURCES AND AVAILABLE SURVEYS TO ASSIST IN THE EVALUATION OF OFFICERS' COMPENSATION. BDO AUDIT PARTNER, PROVIDED SUPPORTING DOCUMENTATION RESEARCH FROM VARIOUS COMPANIES TO PROVIDE AND VALIDATE OFFICER AND EXECUTIVE COMPENSATION. THE COMMITTEE CONSIDERS COMPARABLE DATA FROM ORGANIZATIONS SIMILAR IN SIZE AND MISSION TO RRI AND DISCUSSES SAME WITH AN OUTSIDE COMPENSATION CONSULTANT FROM TIME-TO TIME.
SCHEDULE J, PART I, LINE 4A:
V. Arthur received a severance payment of $58,690.
SCHEDULE J, PART I, LINE 4B:
THE CEO HAS A NON-QUALIFIED PLAN UNDER IRC 457(F). THE ORGANIZATION CONTRIBUTED $76,752 TO THIS PLAN IN 2023.
SCHEDULE J, PART I, LINE 7:
AS PART OF ITS COMPENSATION-SETTING PROCESS FOR OFFICERS AND PERSONS REPORTING DIRECTLY TO THE CEO, AS DESCRIBED ON SCHEDULE O COMMENTS PART VI, LINES 15A AND B. THE BOARD ESTABLISHES ANNUAL PERFORMANCE AND BONUS CRITERIA EARLY IN THE YEAR (WHICH BONUS AWARDS, IF MADE. ARE DISCLOSED SCHEDULE J, PART II, COLUMN B (II)). WHEN AWARDING ANNUAL BONUSES, THE BOARD CONSIDERS THE ACHIEVEMENTS AND PERFORMANCE OF THE ORGANIZATION, AND EACH AWARDEES INDIVIDUAL PERFORMANCE AND CONTRIBUTION TO THE ORGANIZATIONS ACHIEVEMENTS AND PERFORMANCE.

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

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.

  • APPLIED RESEARCH SOLUTIONS INC

    C CORP · RES. & ENG. S · NY · 78.95% owned · share of income $7,281,870 · share of assets $43,622,670 · controlled entity

    Directly controlled by RRI

Provenance

Return type
form_990
Tax year
2023
Filed
19 July 2024
IRS schema version
2023v5.1
Source object
202432049349301038

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.