Form 990 for tax year 2025

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: PRODUCER LICENSING FEE

  total $36,164,408 · related or exempt $36,164,408

• 2b · Program service revenue: DATABASE ACCESS REV

  total $30,879,899 · related or exempt $30,879,899

• 2c · Program service revenue: APPOINTMENT RENEWAL/ALERTS

  total $24,245,660 · related or exempt $24,245,660

• 2d · Program service revenue: CAR REPORTS

  total $468,150 · related or exempt $468,150

• 2e · Program service revenue: OTHER SERVICE REVENUE

  total $25,000 · related or exempt $25,000

• 3 · Investment income

  total $4,100,203 · excluded $4,100,203

• 7a · Gross sales of assets other than inventory

  securities $11,389,271

• 7b · Less cost or other basis and sales expenses

  securities $10,477,287

• 7c · Gain or loss

  securities $911,984

• 7d · Net gain or loss

  total $911,984 · excluded $911,984

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $2,427,946

• 7 · Other salaries and wages

  total $18,807,620

• 8 · Pension plan contributions

  total $1,884,105

• 9 · Other employee benefits

  total $4,397,707

• 10 · Payroll taxes

  total $1,910,083

• 11b · Fees: legal

  total $332,830

• 11c · Fees: accounting

  total $182,574

• 11f · Fees: investment management

  total $73,831

• 11g · Fees: other

  total $3,250,000

• 12 · Advertising and promotion

  total $447,706

• 13 · Office expenses

  total $541,877

• 14 · Information technology

  total $13,482,864

• 15 · Royalties

  total $34,773,955

• 16 · Occupancy

  total $86,840

• 17 · Travel

  total $1,448,884

• 22 · Depreciation, depletion and amortization

  total $3,105,515

• 23 · Insurance

  total $193,551

• 24a · Other expenses: TAXES

  total $2,003,513

• 24b · Other expenses: BAD DEBT

  total $155,909

• 24c · Other expenses: USER CONFERENCE

  total $73,790

• 24d · Other expenses: MISCELLANEOUS EXPENSES

  total $35,502

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $6,257,502 · end of year $5,108,904

• 2 · Savings and temporary cash investments

  beginning of year $28,101,692 · end of year $21,424,971

• 4 · Accounts receivable

  beginning of year $7,719,256 · end of year $7,871,229

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,482,917 · end of year $2,212,483

• 10a · Land, buildings and equipment: cost or other basis

  $33,575,669

• 10b · Land, buildings and equipment: accumulated depreciation

  $4,654,840

• 10c · Land, buildings and equipment, net

  beginning of year $20,781,921 · end of year $28,920,829

• 11 · Investments: publicly traded securities

  beginning of year $56,615,883 · end of year $61,125,482

• 12 · Investments: other securities

  beginning of year $7,407,229 · end of year $10,897,415

• 17 · Accounts payable and accrued expenses

  beginning of year $11,817,568 · end of year $9,654,822

• 27 · Net assets without donor restrictions

  beginning of year $116,548,832 · end of year $127,906,491

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 1A

NIPR PROVIDES AN ANNUAL DIRECTOR BENEFIT FOR WELLNESS/FITNESS ITEMS AND TAX AND LEGAL SERVICES TO KAREN STAKEM HORNIG, ERIC SAUL, LAURIE WOLF, VALERIA WILLIAMS, NADIA MALIK, DENNIS WILSON, HEIDI WOOD, CARI LEE, MICHELLE DEAN, CASEY FOX, NAGARAJAN RAMACHANDRAN AND MATTHEW PURDY. TOTAL COMPENSATION, INCLUDING A DIRECTOR BENEFIT, IS PAID BY THE NAIC TO JEFF JOHNSTON, NAIC'S CEO. THE CEO'S DIRECT REPORTS ARE ELIGIBLE FOR ANNUAL INCENTIVE COMPENSATION, THE FRAMEWORK FOR WHICH IS CONTAINED IN A BOARD POLICY. THE DIRECT REPORTS INCLUDE ERIC SAUL, LAURIE WOLF, VALERIA WILLIAMS, NADIA MALIK AND KATRINA LAWHORN.

SCHEDULE J, PART I, LINE 3

NIPR'S BOARD OF DIRECTORS HAS AN EXECUTIVE COMPENSATION POLICY FOR THE CEO. THE POLICY REQUIRES AN ANNUAL PERFORMANCE REVIEW, ASSESSMENT OF COMPARABILITY DATA AND REVIEW AND APPROVAL OF THE BOARD OF DIRECTORS. THE COMPENSATION COMMITTEE OF THE BOARD REVIEWS NATIONAL SALARY SURVEYS, CONSULTS INDEPENDENT CONSULTANTS, AND REVIEWS FORM 990S OF COMPARABLE ORGANIZATIONS. THE COMPENSATION COMMITTEE CONDUCTS THE REVIEW AND MAKES RECOMMENDATIONS TO THE FULL BOARD. THE BOARD'S EXECUTIVE COMPENSATION POLICY ALSO PROVIDES FOR INCENTIVE COMPENSATION FOR OTHER MEMBERS OF NIPR'S EXECUTIVE TEAM, ERIC SAUL, LAURIE WOLF, VALERIA WILLIAMS, NADIA MALIK AND KATRINA LAWHORN. A SIMILAR ANNUAL PROCESS IS UNDERTAKEN BY NIPR'S CEO IN SETTING THE COMPENSATION FOR THESE INDIVIDUALS.