2024-09-26T16:41:02-05:00 2023-12-31 521711839 COUNCILOR BUCHANAN & MITCHELL PC 7910 WOODMONT AVE STE 500 BETHESDA MD 20814 990 2023-01-01 530246204 INSURANCE INSTITUTE FOR HIGHWAY SAFETY INSU 7032471500 4121 WILSON BOULEVARD 6TH FLOOR ARLINGTON VA 22203 MICHAEL D FAGIN SECRETARY-TREASURER 7032471512 2024-09-25 1 0 JULIA L LAFFERTY P02288149 3019860600 2024-09-27 2023 2024-08-08 14:25:15Z MICHAEL D FAGIN 4121 WILSON BLVD 6TH FLOOR ARLINGTON VA 22203 52189418 0 X WWW.IIHS.ORG X 1959 DC SEE SCHEDULE O THE INSURANCE INSTITUTE FOR HIGHWAY SAFETY IS AN INDEPENDENT, NONPROFIT, SCIENTIFIC AND EDUCATIONAL ORGANIZATION. IT IDENTIFIES AND EVALUATES WAYS TO REDUCE THE HUMAN AND ECONOMIC LOSSES RESULTING FROM MOTOR VEHICLE CRASHES AND COMMUNICATES THE RESULTS OF THAT RESEARCH TO THE PUBLIC, FEDERAL, STATE, AND LOCAL HIGHWAY AND VEHICLE SAFETY OFFICIALS, VEHICLE MANUFACTURERS, INSURERS, THE MEDIA, THE RESEARCH COMMUNITY AND OTHERS. 28 27 105 0 0 0 0 0 32041760 33340540 710141 2973779 66551 15261 32818452 36329580 0 0 0 0 14046686 14998355 0 0 0 18127119 19124448 32173805 34122803 644647 2206777 62564663 63981673 15298416 15532709 47266247 48448964 X THE INSURANCE INSTITUTE FOR HIGHWAY SAFETY IS AN INDEPENDENT, NONPROFIT, SCIENTIFIC AND EDUCATIONAL ORGANIZATION. IT IDENTIFIES AND EVALUATES WAYS TO REDUCE THE HUMAN AND ECONOMIC LOSSES RESULTING FROM MOTOR VEHICLE CRASHES AND COMMUNICATES THE RESULTS OF THAT RESEARCH TO THE PUBLIC, FEDERAL, STATE, AND LOCAL HIGHWAY AND VEHICLE SAFETY OFFICIALS, VEHICLE MANUFACTURERS, INSURERS, THE MEDIA, THE RESEARCH COMMUNITY AND OTHERS. 0 0 4460584 RESEARCH PROJECTS: PROJECTS UNDERTAKEN TO IDENTIFY AND EVALUATE METHODS OF REDUCING THE PERSONAL INJURIES AND PROPERTY DAMAGE RESULTING FROM THE USE OF MOTOR VEHICLES. RESEARCH INCLUDES THE HUMAN FACTORS ASSOCIATED WITH TEENAGE DRIVERS, ALCOHOL-IMPAIRED DRIVING, TRUCK DRIVER FATIGUE,SEAT BELT USE AND OTHER AREAS. RESEARCH ABOUT THE PHYSICAL ENVIRONMENT INCLUDES, FOR EXAMPLE, ASSESSMENT OF ROADWAY DESIGNS TO REDUCE RUN-OFF-THE-ROAD CRASHES AND TO ELIMINATE ROADSIDE HAZARDS. 15529996 3619398 VEHICLE RESEARCH CENTER PROJECTS: ENGINEERING AND OTHER RESOURCE SUPPORT FOR VEHICLE RELATED RESEARCH PROJECTS AND VEHICLE CRASH TESTING TO EVALUATE THE ABILITY OF VEHICLES TO PROTECT THEIR OCCUPANTS IN FRONT, SIDE, REAR, AND ROLLOVER CRASHES. THE LATEST PROJECTS INCLUDE THE EVALUATION OF ELECTRONIC SYSTEMS DESIGNED TO ENHANCE VEHICLE CRASH AVOIDANCE CAPABILITIES. 5120402 COMMUNICATIONS PROJECTS: PROJECTS UNDERTAKEN TO DISSEMINATE INFORMATION TO THE PUBLIC CONCERNING MOTOR VEHICLE AND HIGHWAY RESEARCH DONE BY THE INSTITUTE AND BY OTHER ORGANIZATIONS INVOLVED IN MOTOR VEHICLE AND HIGHWAY SAFETY. THE INSTITUTE'S PUBLIC WEBSITE PROVIDES INFORMATION ON THE INSTITUTE'S RESEARCH AND ON THE INSTITUTE'S CRASH TESTING TO EVALUATE THE CRASHWORTHINESS OF VEHICLES, AS WELL AS ON NEW RESEARCH PERFORMED ON VEHICLE BASED CRASH AVOIDANCE SYSTEMS. 4921192 HIGHWAY LOSS DATA INSTITUTE (HLDI): HLDI IS A TAX-EXEMPT RESEARCH AND EDUCATIONAL ORGANIZATION. HLDI PERFORMS SCIENTIFIC STUDIES OF INSURANCE CLAIMS DATA ON MOTOR VEHICLE LOSSES AND PUBLISHES INSURANCE LOSS RESULTS BY VEHICLE MAKE AND MODEL. 4921192 30032174 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 29 0 1 105 1 0 0 0 0 0 0 0 0 0 0 0 0 X 28 27 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X MICHAEL D FAGIN 7032471500 4121 WILSON BOULEVARD 6TH FLOOR ARLINGTON VA 22203 SCOTT ZIEGLER CHAIRMAN 1.00 X 0 0 0 BILL WESTRATE CHARIMAN-ELECT 0.60 X 0 0 0 NEIL ALLDREDGE DIRECTOR 0.30 X 0 0 0 ALLEN ANDERSON DIRECTOR 0.30 X 0 0 0 STEVEN BERG DIRECTOR 0.30 X 0 0 0 DAN CLAPP DIRECTOR 0.30 X 0 0 0 CODY COOK DIRECTOR 0.30 X 0 0 0 BRIAN DEEPHOUSE DIRECTOR 0.30 X 0 0 0 BEN EWBANK DIRECTOR 0.30 X 0 0 0 STEPHANIE GROBIN DIRECTOR 0.30 X 0 0 0 DANIEL HALSEY DIRECTOR 0.30 X 0 0 0 JEFFERY HAY DIRECTOR 0.30 X 0 0 0 BRONWYN KOOPMAN DIRECTOR 0.30 X 0 0 0 TRACEY LAWS DIRECTOR 0.30 X 0 0 0 ROBERT LYON DIRECTOR 0.30 X 0 0 0 CHRIS MALONE DIRECTOR 0.30 X 0 0 0 STAN MCNAUGHTON DIRECTOR 0.30 X 0 0 0 CHAD MIROCK DIRECTOR 0.30 X 0 0 0 MICHAEL MOORE DIRECTOR 0.30 X 0 0 0 TED MURPHY DIRECTOR 0.30 X 0 0 0 TIM NEE DIRECTOR 0.30 X 0 0 0 GINGER PURGATORIO DIRECTOR 0.30 X 0 0 0 HOLLY RESTON DIRECTOR 0.30 X 0 0 0 STEVE RULISON DIRECTOR 0.30 X 0 0 0 DAVID SAMPSON DIRECTOR 0.30 X 0 0 0 DUANE SANDERS DIRECTOR 0.30 X 0 0 0 TODD WALKER DIRECTOR 0.30 X 0 0 0 DAVID HARKEY PRESIDENT 36.00 9.00 X X 760199 176950 86094 MICHAEL FAGIN SECRETARY/TREASURER 36.00 9.00 X 242638 61503 33473 JOSEPH NOLAN SR. V.P. - VRC & CHIEF ADM 36.00 9.00 X 241026 60945 51619 RUSSELL RADER SR. VICE PRES 45.00 X 304158 0 39621 DAVID ZUBY EXECUTIVE V.P. - VRC & CHI 36.00 9.00 X 300322 74980 58262 MATTHEW MOORE SR. VICE PRESIDENT 9.00 36.00 X 65651 255018 68959 CHARLES FARMER DIR STATISTICAL SERV 35.00 X 248630 0 45906 PINI KALNITE DIR FILM & MEDIA SER 35.00 X 241582 0 56229 MICHAEL POWELL DIRECTOR OF IT 35.00 X 182540 0 56550 JESSICA CICCHINO VP, RESEARCH 35.00 X 207060 0 32375 JESSICA JERMAKIAN SR. RESEARCH ENGINEER 35.00 X 198865 0 34711 2992671 629396 563799 10 0 1 0 0 ASSESSMENTS 900099 29721142 29721142 TEST VEHICLE REIMBURSEMENTS 900099 1864883 1864883 TEST VEHICLE SALVAGE AND AUCTION 900099 1672515 1672515 HEADLIGHT TESTING 900099 82000 82000 33340540 734013 734013 18099604 15859838 2239766 2239766 2239766 MISCELLANEOUS 900099 22294 22294 LOSS ON DISPOSITION OF PROPERTY 900099 -7033 -7033 15261 36329580 33340540 0 2989040 2181164 1949532 231632 9692048 7634513 2057535 962841 760403 202438 1388481 1111861 276620 773821 623228 150593 81274 600 80674 92614 46307 46307 702009 642910 59099 431540 215770 215770 625740 356024 269716 285411 192971 92440 331737 233112 98625 2296486 2212879 83607 256219 202344 53875 VEHICLE RESEARCH CENTER 6031447 6031447 HIGHWAY LOSS DATA INSTI 4921192 4921192 RESEARCH PROJECTS 1264040 1264040 COMMUNICATIONS PROJECTS 1101824 1101824 702915 531217 171698 34122803 30032174 4090629 0 4687699 4029006 4257 42014 670085 729483 55173694 28059578 27847448 27114116 22919909 26565349 6435265 5501705 62564663 63981673 253682 374812 3594569 3565519 11450165 11592378 15298416 15532709 X 47266247 48448964 47266247 48448964 62564663 63981673 X 2206777 -244066 -779994 X X 0 1 X 1 0 X 26108537 25332255 26553970 27908725 29721142 135624629 4011257 1801406 3678232 4133035 3619398 17243328 30119794 27133661 30232202 32041760 33340540 152867957 0 0 0 152867957 555390 535552 686268 708160 734013 3219383 555390 535552 686268 708160 734013 3219383 85546 133319 -1200 66551 15261 299477 30760730 27802532 30917270 32816471 34089814 156386817 0.97750 0.97620 0.02060 0.01950 X 2342601 825000 1164213 2003388 1605475 825000 87874 2342601 1012521 825000 232046 1605475 951861 825000 764340 1012521 1397656 775000 1220795 951861 0 0 446659 446659 52509972 26903945 25606027 1582540 611436 971104 634523 544197 90326 27114116 ACCRUED INTEREST RECEIVABLE 16008 TEST VEHICLES 1983405 DUE FROM HIGHWAY LOSS DATA INSTITUTE 37169 DEPOSITS 54852 OPERATING RIGHT-OF-USE ASSET 3410271 5501705 ACCRUED VACATION 554446 ACCRUED HEALTH CLAIMS 2366883 POSTRETIREMENT LIABILITIES 3703582 CURRENT PORTION OF OPERATING LEASE LIABILITY 648341 OPERATING LEASE LIABILITY, NET OF CURRENT PORTION 4319126 11592378 X 36085514 -244066 -244066 36329580 0 36329580 34122803 0 34122803 0 34122803 PART V, LINE 4: THE BOARD OF DIRECTORS HAS DESIGNATED FUNDS FOR FUTURE REPLACEMENT OF LEASEHOLD IMPROVEMENTS, EQUIPMENT AND MOTOR VEHICLES. PART X, LINE 2: THE INSTITUTE IS EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) FROM THE PAYMENT OF TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. NO PROVISION FOR INCOME TAX IS REQUIRED FOR THE YEAR ENDED DECEMBER 31, 2023, AS THE INSTITUTE HAD NO NET UNRELATED BUSINESS INCOME. THE INSTITUTE REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE-LIKELY-THAN-NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE INSTITUTE DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE, OR REFLECT, ANY UNCERTAIN TAX POSITIONS. THE INSTITUTE'S IRS FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, IS SUBJECT TO EXAMINATION BY TAXING AUTHORITIES GENERALLY FOR THREE YEARS AFTER FILING. X 1 1 X X X X 0 1 0 0 0 0 0 0 0 DAVID HARKEY PRESIDENT 613660 151950 100000 25000 46539 0 60780 15195 7885 2234 828864 194379 0 0 DAVID ZUBY EXECUTIVE V.P. - VRC & CHI 274861 69426 22216 5554 3245 0 27771 6943 19346 4202 347439 86125 0 0 MATTHEW MOORE SR. VICE PRESIDENT 60788 234865 4863 19452 0 701 6079 24315 5772 32793 77502 312126 0 0 JOSEPH NOLAN SR. V.P. - VRC & CHIEF ADM 223865 56958 15948 3987 1213 0 22783 5696 19278 3862 283087 70503 0 0 RUSSELL RADER SR. VICE PRES 285776 0 17165 0 1217 0 28608 0 11013 0 343779 0 0 0 MICHAEL FAGIN SECRETARY/TREASURER 223085 56685 19273 4818 280 0 22674 5668 4994 137 270306 67308 0 0 PINI KALNITE DIR FILM & MEDIA SER 228735 0 8249 0 4598 0 23568 0 32661 0 297811 0 0 0 CHARLES FARMER DIR STATISTICAL SERV 236743 0 8992 0 2895 0 23979 0 21927 0 294536 0 0 0 JESSICA CICCHINO VP, RESEARCH 199382 0 7498 0 180 0 19995 0 12380 0 239435 0 0 0 MICHAEL POWELL DIRECTOR OF IT 175149 0 6980 0 411 0 19944 0 36606 0 239090 0 0 0 JESSICA JERMAKIAN SR. RESEARCH ENGINEER 191781 0 6823 0 261 0 19493 0 15218 0 233576 0 0 0 PART I, LINE 4B INSURANCE INSTITUTE FOR HIGHWAY SAFETY MAINTAINS TWO NON-QUALIFIED DEFERRED COMPENSATION PLANS. FOR 2023 THE INSURANCE INSTITUTE FOR HIGHWAY SAFETY CONTRIBUTED $42,975 FOR DAVID HARKEY, AND $1,713 FOR DAVID ZUBY. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS DID NOT REVIEW THE FORM 990. HOWEVER, THEY DID APPROVE THE FINANCIAL STATEMENT AUDIT. THE TREASURER REVIEWS THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE INSURANCE INSTITUTE FOR HIGHWAY SAFETY HAS A WRITTEN CONFLICT OF INTEREST POLICY FOR ITS EMPLOYEES AND THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS COMPLETED AN ANNUAL SURVEY THAT MONITORED AND ENFORCED COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY AND IDENTIFIED ANY FAMILY AND BUSINESS RELATIONSHIPS. FORM 990, PART VI, SECTION B, LINE 15 UNDER THE INSTITUTE'S BYLAWS, THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO SET COMPENSATION FOR OFFICERS OF THE INSTITUTE. THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS MET IN DECEMBER 2022 TO REVIEW THE OFFICER'S COMPENSATION FOR CALENDAR YEAR 2023. THE COMMITTEE REVIEWED EACH OFFICER'S PERFORMANCE, COMPENSATION HISTORY AND COMPARABILITY DATA ON OFFICER COMPENSATION REPORTED ON FORM 990 FOR SEVERAL NON-PROFIT ORGANIZATIONS THAT HAVE COMMUNICATIONS AND RESEARCH RESPONSIBILITIES SIMILAR TO THE INSTITUTE AND ON MOTOR VEHICLE RELATED ORGANIZATIONS THAT WORK ON HIGHWAY AND VEHICLE SAFETY ISSUES. IN ADDITION, THE COMMITTEE MEMBERS DREW UPON THEIR KNOWLEDGE OF COMPENSATION WITHIN THEIR OWN COMPANIES, THE INSURANCE INDUSTRY IN GENERAL AND NATIONAL TRENDS IN COMPENSATION. THE DECISION ON COMPENSATION WAS MADE SOLELY BY THE COMMITTEE, WHICH CONSISTS OF INDIVIDUALS THAT ARE NOT SUBJECT TO THE CONTROL OF THE INSTITUTE'S OFFICERS. FORM 990, PART VI, SECTION C, LINE 18 THE INSTITUTE'S FORM 990 IS AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE INSTITUTE'S DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: POSTRETIREMENT BENEFIT PLAN ACTUARIAL LOSS NOT YET RECOGNIZED IS: -779,994. HIGHWAY LOSS DATA INSTITUTE 4121 WILSON BLVD 6TH FLOOR ARLINGTON VA 22203 520964200 PERFORMS SCIENTIFIC STUDIES OF INSURANCE CLAIMS DATA AND PUBLISHES FINDINGS DC 501(C)(3) 509(A)(2) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0