2026-09-16T16:52:43-05:00 2025-12-31 521446779 JOHNSON LAMBERT LLP 4242 SIX FORKS ROAD SUITE 1500 RALEIGH NC 27609 990 2025-01-01 520882723 REINSURANCE ASSOCIATION OF AMERICA REIN 2026383690 1445 NEW YORK AVE NW 700 WASHINGTON DC 20005 TRACEY LAWS PRESIDENT AND CEO 2026383690 2026-09-16 1 J CALVIN MARKS P01226973 9197196400 2025 TRACEY LAWS 1445 NEW YORK AVE NW 700 WASHINGTON DC 20005 14900035 0 X WWW.REINSURANCE.ORG X 1969 DC TO ASSIST MEMBERS IN PROTECTING THE INTERESTS OF THE INDUSTRY, TO ACT AS THE INDUSTRY REPRESENTATIVE, AND TO ASSIST REINSURERS BY COLLECTING AND DISSEMINATING INFORMATION. 45 45 21 53 0 0 0 0 10356218 10663172 814062 374666 127957 9820 11298237 11047658 60000 71000 0 0 7169358 6942736 0 0 0 3640730 4300401 10870088 11314137 428149 -266479 11381241 9555290 7140209 5471614 4241032 4083676 X THE PURPOSES OF REINSURANCE ASSOCIATION OF AMERICA ARE TO ASSIST MEMBERS IN PROTECTING THE INTERESTS OF THE INDUSTRY; TO ACT AS THE INDUSTRY REPRESENTATIVE BEFORE CONGRESS, FEDERAL AND STATE REGULATORY AND ADMINISTRATIVE BODIES AND COMMISSIONS, AND THE PUBLIC; AND TO ASSIST REINSURERS IN PROVIDING COVERAGE AND SERVICE RESPONSIVE TO THE EVOLVING NEEDS OF PRIMARY INSURERS AND THE PUBLIC BY COLLECTING AND DISSEMINATING INFORMATION AND BY PROVIDING A FORUM FOR THE DISCUSSION AND CONSIDERATION OF THIS INFORMATION. 0 0 TESTIMONY - ON BEHALF OF THE MEMBERSHIP, STAFF PREPARE AND GIVE TESTIMONY TO FEDERAL AND STATE LEGISLATIVE BODIES, CONGRESSIONAL COMMITTEES AND SUBCOMMITTEES. STAFF ALSO ATTEND INDUSTRY WIDE MEETINGS AND CONFERENCES PERTAINING TO ISSUES OF CONCERN TO PROPERTY/CASUALTY AND LIFE REINSURERS AND PRIMARY INSURERS. STATISTICAL STUDIES AND EDUCATION PROGRAMS - STAFF CONDUCTS EDUCATIONAL SEMINARS PERTAINING TO REINSURANCE AND PREPARES STATISTICAL STUDIES RELATED TO REINSURANCE VOLUME AND LOSSES VERSUS EXPENSES IN POLICY HOLDER SURPLUS. THESE SEMINARS AND STUDIES ARE MADE AVAILABLE TO THE INDUSTRY AND ALL INTERESTED PARTIES. LOBBYING - OUTSIDE SERVICES ARE OBTAINED TO LOBBY ON BEHALF OF THE ASSOCIATION AND ITS MEMBERS IN AREAS SUCH AS FINANCIAL SERVICES LEGISLATION, ENVIRONMENTAL LEGISLATION AND AMICUS BRIEF FILINGS. OUTSIDE SERVICES ARE ALSO OBTAINED FOR ADVICE AND WORK PERFORMED ON ACTUARIAL SERVICES IN RELATION TO THE ASSOCIATION'S STATISTICAL STUDIES. 0 0 1 1 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 23 0 1 21 1 0 0 0 0 1 1 0 0 0 X 45 45 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X RAHEL WILLIS 2026383690 1445 NEW YORK AVE NW STE 700 WASHINGTON DC 20005 JONATHAN COLELLO CHAIRMAN 1.00 X X 0 0 0 NIC BERG VICE CHAIRMAN 1.00 X X 0 0 0 JOHN BENDER SECRETARY-TREASURER 1.00 X X 0 0 0 JIM WILLIAMSON PAST CHAIRMAN 1.00 X X 0 0 0 DONALD BAHR DIRECTOR 1.00 X 0 0 0 TIM BARBER DIRECTOR (TO JUL '25) 1.00 X 0 0 0 KIM BARNETT DIRECTOR 1.00 X 0 0 0 H CLAY BASSETT DIRECTOR 1.00 X 0 0 0 ANDREW BERNSTEIN DIRECTOR 1.00 X 0 0 0 BRIAN BOORNAZIAN DIRECTOR 1.00 X 0 0 0 ANDREW BORIS DIRECTOR 1.00 X 0 0 0 KEN BRANDT DIRECTOR 1.00 X 0 0 0 J ROBERT BREDAHL DIRECTOR (TO MAR '25) 1.00 X 0 0 0 JASON BUSTI DIRECTOR (TO APR '25) 1.00 X 0 0 0 CARRIE BYLER DIRECTOR (FROM MAR '25) 1.00 X 0 0 0 JEFFREY CLEMENTS DIRECTOR 1.00 X 0 0 0 NATHAN COLSON DIRECTOR (TO JAN '25) 1.00 X 0 0 0 GEOFFREY COOPER DIRECTOR (FROM JAN '25) 1.00 X 0 0 0 LIZ CUNNINGHAM DIRECTOR 1.00 X 0 0 0 GEORGE W DEMENOCAL DIRECTOR 1.00 X 0 0 0 JOHN DIGREGORIA DIRECTOR (TO APR '25) 1.00 X 0 0 0 CHRISTOPHER DONELAN DIRECTOR 1.00 X 0 0 0 VINCENT J DOWLING DIRECTOR 1.00 X 0 0 0 JEAN-PAUL DYER DIRECTOR 1.00 X 0 0 0 TIMOTHY GARDNER DIRECTOR 1.00 X 0 0 0 CHARLES GOLDIE DIRECTOR 1.00 X 0 0 0 ANN HAUGH DIRECTOR (FROM APR '25) 1.00 X 0 0 0 SIMON HEDLEY DIRECTOR 1.00 X 0 0 0 PAUL HILLIAR DIRECTOR 1.00 X 0 0 0 JUSTIN KEITH DIRECTOR 1.00 X 0 0 0 SCOTT KREUZER DIRECTOR 1.00 X 0 0 0 AMY MACONACHY DIRECTOR 1.00 X 0 0 0 RYAN MATHER DIRECTOR 1.00 X 0 0 0 CHRIS MCDOWELL DIRECTOR (TO MAR '25) 1.00 X 0 0 0 BRAD MELVIN DIRECTOR (FROM MAR '25) 1.00 X 0 0 0 JUSTIN O'KEEFE DIRECTOR 1.00 X 0 0 0 CARL OVERY DIRECTOR (FROM MAR '25) 1.00 X 0 0 0 MATT PASKIN DIRECTOR 1.00 X 0 0 0 KATHLEEN REARDON DIRECTOR 1.00 X 0 0 0 MARK REYNOLDS DIRECTOR (FROM APR '25) 1.00 X 0 0 0 GREG RICHARDSON DIRECTOR 1.00 X 0 0 0 SALVATORE SAMA DIRECTOR (FROM JUL '25) 1.00 X 0 0 0 PHILIP SANDERCOX DIRECTOR 1.00 X 0 0 0 GREGORY SCHIFFER DIRECTOR 1.00 X 0 0 0 JON SCHRIBER DIRECTOR 1.00 X 0 0 0 ANDREW SMITH DIRECTOR (TO MAY '25) 1.00 X 0 0 0 RICHARD TAYLOR DIRECTOR 1.00 X 0 0 0 ALEXANDER VAN DIJK DIRECTOR 1.00 X 0 0 0 NATHANIEL WALLMAN DIRECTOR 1.00 X 0 0 0 MARCUS WINTER DIRECTOR 1.00 X 0 0 0 JAMES WIXTEAD DIRECTOR 1.00 X 0 0 0 PAUL WOLLMANN DIRECTOR 1.00 X 0 0 0 BRIAN YOUNG DIRECTOR (TO MAR '25) 1.00 X 0 0 0 FRANKLIN NUTTER PRESIDENT (TO DEC '25) 40.00 X 536411 0 0 TRACEY LAWS PRESIDENT (FROM DEC '25) 40.00 X 299828 0 2425 JEFFREY ALTON SENIOR VICE PRESIDENT 40.00 X 503193 0 107318 KARALEE MORELL EXECUTIVE VICE PRESIDENT 40.00 X 471590 0 83329 NICOLE AUSTIN SENIOR VICE PRESIDENT 40.00 X 425110 0 58000 WARREN WILLIAMSON VICE PRESIDENT 40.00 X 404108 0 85567 JASON RUDIS VICE PRESIDENT 40.00 X 342425 0 73850 JEREMY EISEMANN VICE PRESIDENT 40.00 X 331668 0 67372 RAHEL WILLIS DIR. OF FINANCE & BUSINESS 40.00 X 253444 0 90185 JOSEPH SHUE VICE PRESIDENT 40.00 X 252152 0 99744 3819929 0 667790 15 0 1 0 LOEWS PORTOFINO BAY HOTEL 5601 UNIVERSAL BLVD ORLANDO FL 32819 HOTEL SERVICES 429824 HEIDRICK & STRUGGLES INC 2001 PENNSYLVANIA AVE NW WASHINGTON DC 20006 LEADERSHIP CONSULTING SERVICES 357500 WESTIN GRAND CENTRAL 212 E 42ND ST NEW YORK NY 10017 HOTEL SERVICES 339190 WILLIAMS & JENSEN PLLC 701 8TH STREET NW WASHINGTON DC 20001 OUTSIDE COUNSEL, FEDERAL REPRESENTATIVE 225000 CAPITOL COUNSEL LLC 700 13TH ST NW WASHINGTON DC 20005 OUTSIDE COUNSEL, FEDERAL REPRESENTATIVE 144000 6 MEMBERSHIP ASSESSMENTS 900099 7974567 7974567 CONFERENCE FEES 900099 2660560 2660560 PUBLICATIONS 513190 28045 28045 10663172 362736 362736 3864307 3852377 11930 11930 11930 9820 9820 9820 11047658 10663172 0 384486 71000 2487204 3528495 332512 297750 296775 14951 96573 649518 27331 1098010 10107 137273 58906 687965 262386 965820 54972 45079 LIBRARY AND SUBSCRIPTIO 159377 POLITICAL CONTRIBUTIONS 22500 MEMBERSHIP DUES 11246 TAXES & LICENSES -4997 3384 11314137 569263 53209 2106753 1986141 207225 69265 98221 137305 1415538 1257530 183656 158008 3327291 3717939 4888832 3433423 11381241 9555290 502547 837312 1325026 892200 5312636 3742102 7140209 5471614 X 4241032 4083676 4241032 4083676 11381241 9555290 X -266479 130798 -21675 X 0 1 X 1 0 22500 22500 22500 1 FRIENDS OF JIM BOYD 1103 HAYS STREET TALLAHASSEE FL 32301 884265875 15000 JOHN F KENNEDY FOR GEORGIA INC PO BOX 6236 MACON GA 31208 392380318 2000 LISA CALDERON FOR ASSEMBLY 2026 777 S FIGUEROA ST STE 4050 LOS ANGELES CA 90017 332031920 1000 MICHELLE RODRIGUEZ FOR ASSEMBLY 2026 1700 TRIBUTE RD STE 201 SACRAMENTO CA 95815 332056720 1000 NYS DEMOCRATIC ASSEMBLY CAMPAIGN COMMITTEE 107 WASHINGTON AVE STE 1LL ALBANY NY 12210 133041656 1000 STEVE PADILLA FOR STATE SENATE 2026 1741 EASTLAKE PARKWAY STE 102 PMB CHULA VISTA CA 91915 921247774 1000 SUSAN RUBIO FOR STATE SENATE 2026 1700 TRIBUTE RD STE 201 SACRAMENTO CA 95815 884337626 1000 WEPRIN FOR ASSEMBLY 8682 PALERMO ST HOLLIS NY 11423 921685288 500 0 0 1 6979567 1652368 -682453 969915 1046935 -77020 1063370 949437 113933 352168 308093 44075 158008 LEASES 2077562 DEFERRED COMPENSATION 1263565 DEPOSITS 92296 3433423 LEASE LIABILITIES 2478537 DEFERRED COMPENSATION 1263565 3742102 X 11178456 130798 130798 11047658 0 11047658 11335812 21675 21675 11314137 0 11314137 PART X, LINE 2: MANAGEMENT HAS CONCLUDED THAT THE ASSOCIATION HAS PROPERLY MAINTAINED ITS EXEMPT STATUS AND THAT THERE ARE NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2025. PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSE BERMUDA 0 0 PROGRAM SERVICE RECONTRACTS SEMINARS; CURRENT ISSUES DISCUSSION SERIES 20000 0 0 0 0 0 0 20000 0 20000 0 0 0 0 0 0 1 AMERICAN PROPERTY CASUALTY INSURANCE ASSOCIATION 8700 WEST BRYN MAWR 1200S CHICAGO IL 60631 200487810 501(C)(6) 17500 0 EVENT SPONSORSHIP AMERICAN CONSUMER INSTITUTE CENTER FOR CITIZEN RESEARCH PO BOX 2161 RESTON VA 20195 208601897 501(C)(3) 10000 0 RESEARCH RAND CORPORATION 1776 MAIN STREET PO BOX 2138 SANTA MONICA CA 90407 951958142 501(C)(3) 10000 0 GENERAL SUPPORT THE COUNCIL OF INSURANCE AGENTS & BROKERS 701 PENNSYLVANIA AVE NW NO 750 WASHINGTON DC 20004 131952497 501(C)(6) 10000 0 EVENT SPONSORSHIP THE PROGRAM FOR PRESERVING THE NATURAL WORLD INC 30 IPSWICH ST 211 BOSTON MA 02215 461864221 501(C)(3) 10000 0 GENERAL SUPPORT INDEPENDENT INSURANCE AGENTS & BROKERS OF AMERICA INC 127 SOUTH PEYTON ST ALEXANDRIA VA 22314 135665571 501(C)(6) 7500 0 GENERAL SUPPORT 3 3 PART I, LINE 2: THE ORGANIZATION PROVIDES GRANTS TO OTHER CHARITABLE ORGANIZATIONS FOR USE IN THE INTEREST OF THE RECIPIENT ORGANIZATION'S CHARITABLE PURPOSE. THE ORGANIZATION IS INFORMED OF THE EVENTS CONDUCTED AND STUDIES PRODUCED WITH THE FUNDS THAT HAVE BEEN GRANTED. X 1 1 X X X X 0 0 0 JEFFREY ALTON SENIOR VICE PRESIDENT 372736 0 130000 0 457 0 42750 0 64568 0 610511 0 0 0 KARALEE MORELL EXECUTIVE VICE PRESIDENT 401431 0 70000 0 159 0 57753 0 25576 0 554919 0 0 0 FRANKLIN NUTTER PRESIDENT (TO DEC '25) 36411 0 500000 0 0 0 0 0 0 0 536411 0 0 0 WARREN WILLIAMSON VICE PRESIDENT 333511 0 70000 0 597 0 59685 0 25882 0 489675 0 0 0 NICOLE AUSTIN SENIOR VICE PRESIDENT 389664 0 35000 0 446 0 51293 0 6707 0 483110 0 0 0 JASON RUDIS VICE PRESIDENT 272328 0 70000 0 97 0 46839 0 27011 0 416275 0 0 0 JEREMY EISEMANN VICE PRESIDENT 261523 0 70000 0 145 0 31471 0 35901 0 399040 0 0 0 JOSEPH SHUE VICE PRESIDENT 216681 0 35000 0 471 0 43537 0 56207 0 351896 0 0 0 RAHEL WILLIS DIR. OF FINANCE & BUSINESS 218141 0 35000 0 303 0 53039 0 37146 0 343629 0 0 0 TRACEY LAWS PRESIDENT (FROM DEC '25) 49828 0 250000 0 0 0 0 0 2425 0 302253 0 0 0 PART I, LINE 1A THE PRESIDENT RECEIVES TAX GROSS-UP PAYMENTS TO OFFSET THE TAX LIABILITY ON SUPPLEMENTAL COMPENSATION CONTRIBUTIONS. THESE AMOUNTS ARE TREATED AS TAXABLE. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS THREE TYPES OF MEMBERSHIP: UNDERWRITING MEMBERS, AFFILIATE BROKER MEMBERS, AND LIFE RE AFFILIATES. EACH UNDERWRITING MEMBER'S VOTING RIGHT IS A FUNCTION OF THAT MEMBER'S DUES, WHICH IS BASED ON REINSURANCE PREMIUMS WRITTEN IN THE US. FORM 990, PART VI, SECTION B, LINE 11B AFTER FORM 990 IS PREPARED BY INTERNAL ACCOUNTING STAFF AND AN OUTSIDE CPA FIRM, IT IS REVIEWED BY RAA MANAGEMENT (FINANCIAL OFFICER AND PRESIDENT) FOR ACCURACY AND COMPLETENESS. FORM 990 IS THEN FORWARDED TO THE SECRETARY/TREASURER OF THE RAA BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST POLICY FOR THE STAFF IS COVERED UNDER 2.9 OF THE EMPLOYEE MANUAL (PAGES 12 & 13) AND IS RATIFIED EVERY YEAR. RAA ADDED A CONFLICT OF INTEREST POLICY FOR OFFICERS IN 2008. EMPLOYEES SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION PROCESS FOR DETERMINING THE PRESIDENT/CEO'S COMPENSATION IS AS FOLLOWS: THE RAA ADMINISTRATION COMMITTEE WILL ANNUALLY REVIEW THE PRESIDENT/CEO'S COMPENSATION. BASE SALARY WILL BE REASONABLY COMPETITIVE WITH BASE SALARIES PAID TO THE CHIEF EXECUTIVE OFFICER OF OTHER NATIONAL TRADE ASSOCIATIONS OF COMPARABLE STATURE AND COMPLEXITY ("PEER ASSOCIATIONS"). RAA WILL ALSO USE FORM 990 OF OTHER ORGANIZATIONS OF SIMILAR SIZE, A COMPENSATION SURVEY, AND INSURANCE INDUSTRY COMPENSATION PERIODICALLY TO DETERMINE THE PRESIDENT/CEO'S COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: BAD DEBT EXPENSE -21,675. REINSURANCE ASSOCIATION OF AMERICA POLITICAL ACTION COMMITTEE 1445 NEW YORK AVE NW NO 700 WASHINGTON DC 20005 POLITICAL ACTIVITY DC 527(F) RAA 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0