Nonprofit · EIN 23-2049143
INSURANCE INSTITUTE FOR BUSINESS & HOME SAFETY
Also known as IBHS
Tax-exempt · RICHBURG, SC 29729
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $30,197,104 | $25,812,213 | $4,384,891 | $60,894,273 | $3,363,061 | $57,531,212 |
| December 31, 2024 | 990 | $26,005,198 | $23,283,374 | $2,721,824 | $55,913,758 | $2,591,195 | $53,322,563 |
| December 31, 2023 | 990 | $24,224,700 | $20,190,205 | $4,034,495 | $52,558,596 | $3,097,067 | $49,461,529 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $26,277,744
- Membership dues
- $25,977,171
- Program service revenue
- $2,329,079
- Investment income
- $1,587,065
- Net gain from sales of assets
- $463,330
- Other revenue
- $3,216
Expenses
- Grants and similar amounts paid
- $60,000
- Compensation of officers, directors and key employees
- $3,495,133
- Other salaries and wages
- $11,016,460
- Salaries, compensation and benefits (total)
- $15,649,962
- Professional fundraising fees
- $0
- Legal fees
- $163,381
- Occupancy
- $622,187
- Travel
- $742,697
- Depreciation
- $1,878,838
- Program services (functional)
- $19,260,424
- Management and general (functional)
- $6,551,789
Balance sheet and other
- Total assets, start of year
- $55,913,758
- Total assets, end of year
- $60,894,273
- Total liabilities, end of year
- $3,363,061
- Net assets, end of year
- $57,531,212
- Land, buildings and equipment
- $25,130,342
- Publicly traded securities
- $15,655,960
- Net assets without donor restrictions
- $57,531,212
- Gross receipts
- $45,968,212
- Employees
- 114
- Volunteers
- 0
- Year formed
- 1977
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Roy Wright | President/CEO Officer | 40 | $880,769 | $140,862 |
| Anne Cope | Chief Engineer/SVP Officer | 40 | $406,152 | $80,210 |
| Alister Watt | Chief Product Officer/SVP Officer | 40 | $384,530 | $37,203 |
| Fred Malik | Managing Director of FORITIFIED Highest-paid employee | 40 | $278,375 | $69,596 |
| Michael Newman | Secretary/General Counsel Officer | 40 | $321,465 | $22,148 |
| Pam Levenstone | Treasurer/CFO Officer | 40 | $277,129 | $63,933 |
| Murray Morrison | Managing Director of Research Highest-paid employee | 40 | $278,326 | $49,238 |
| Christopher Flynn | General Manager, Research Center Highest-paid employee | 40 | $220,336 | $61,263 |
| Ian Giammanco | Managing Director of Atmospheric Research Highest-paid employee | 40 | $242,193 | $23,165 |
| Connie Bryant Breedlove | Managing Director of Communications Highest-paid employee | 40 | $205,858 | $29,954 |
| Ryan Vigus | Director - Chair Trustee or director, Officer | 4 | $0 | $0 |
| Greg Pannhausen | Director - Vice Chair Trustee or director, Officer | 2 | $0 | $0 |
| Allen Anderson | Director Trustee or director | 2 | $0 | $0 |
| Gavin Blair | Director Trustee or director | 2 | $0 | $0 |
| Lucca Chin | Director Trustee or director | 2 | $0 | $0 |
24 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Will Downs | Director Trustee or director | 2 | $0 |
| David Elkins | Director Trustee or director | 2 | $0 |
| Gina Hardy | Director Trustee or director | 2 | $0 |
| J Smith Smitty Harrison Jr | Director Trustee or director | 2 | $0 |
| Jonathan Imhoff | Director Trustee or director | 2 | $0 |
| Katie Irey | Director Trustee or director | 2 | $0 |
| Chris Karacalidis | Director Trustee or director | 2 | $0 |
| Andrea Lindemeyer | Director Trustee or director | 2 | $0 |
| Christine Lucas | Director Trustee or director | 2 | $0 |
| Patrick McCrink | Director Trustee or director | 2 | $0 |
| Erin Morris | Director Trustee or director | 2 | $0 |
| Eric Nelson | Director Trustee or director | 2 | $0 |
| Mohit Pande | Director Trustee or director | 2 | $0 |
| Jennifer Pintacuda | Director Trustee or director | 2 | $0 |
| Ben Potter | Director Trustee or director | 2 | $0 |
| Michael Quigley | Director Trustee or director | 2 | $0 |
| Nathan Remmert | Director Trustee or director | 2 | $0 |
| Jeff Schroeder | Director Trustee or director | 2 | $0 |
| Shariq Shafi | Director Trustee or director | 2 | $0 |
| Edmund Shallcross III | Director Trustee or director | 2 | $0 |
| Heidi Sjoberg | Director Trustee or director | 2 | $0 |
| Michael Steinman | Director Trustee or director | 2 | $0 |
| Craig Tillman | Director Trustee or director | 2 | $0 |
| James Whamond | Director Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 42 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Roy Wright | President/CEO Officer | 40 | $987,903 | $97,528 |
| Anne Cope | Chief Engineer/SVP Officer | 40 | $391,700 | $59,553 |
| Alister Watt | Chief Product Officer/SVP Officer | 40 | $372,659 | $37,121 |
| Pam Levenstone | Treasurer/CFO Officer | 40 | $276,464 | $55,248 |
| Fred Malik | Managing Director of FORTIFIED Highest-paid employee | 40 | $261,402 | $52,121 |
| Murray Morrison | Managing Director of Research Highest-paid employee | 40 | $269,984 | $42,821 |
| Michael Newman | Secretary/General Counsel Officer | 40 | $277,820 | $17,072 |
| Chuck Miccollis | Managing Director of Commercial Lines Highest-paid employee | 40 | $247,683 | $23,883 |
| Christopher Flynn | General Manager, Research Center Highest-paid employee | 40 | $220,667 | $47,576 |
| Connie Bryant Breedlove | Managing Director of Communications Highest-paid employee | 40 | $216,531 | $30,763 |
| Ryan Vigus | Director - Chair Trustee or director, Officer | 4 | $0 | $0 |
| Brad Lemons | Director - Vice Chair Trustee or director, Officer | 2 | $0 | $0 |
| Greg Pannhausen | Director - Vice Chair Trustee or director, Officer | 2 | $0 | $0 |
| General Bill Cooney | Chairman Emeritus Trustee or director | 2 | $0 | $0 |
| Allen Anderson | Director Trustee or director | 2 | $0 | $0 |
| Gavin Blair | Director Trustee or director | 2 | $0 | $0 |
| Patrick Causgrove | Director Trustee or director | 2 | $0 | $0 |
| Rockne Corbin | Director Trustee or director | 2 | $0 | $0 |
| Lucca Chin | Director Trustee or director | 2 | $0 | $0 |
| Will Downs | Director Trustee or director | 2 | $0 | $0 |
| David Elkins | Director Trustee or director | 2 | $0 | $0 |
| Nicole Forziati | Director Trustee or director | 2 | $0 | $0 |
| Gina Hardy | Director Trustee or director | 2 | $0 | $0 |
| J Smith Smitty Harrison Jr | Director Trustee or director | 2 | $0 | $0 |
| Jonathan Imhoff | Director Trustee or director | 2 | $0 | $0 |
| Katie Irey | Director Trustee or director | 2 | $0 | $0 |
| Chris Karacalidis | Director Trustee or director | 2 | $0 | $0 |
| Andrea Lindemeyer | Director Trustee or director | 2 | $0 | $0 |
| Patrick McCrink | Director Trustee or director | 2 | $0 | $0 |
| Erin Morris | Director Trustee or director | 2 | $0 | $0 |
| Eric Nelson | Director Trustee or director | 2 | $0 | $0 |
| Mohit Pande | Director Trustee or director | 2 | $0 | $0 |
| Jennifer Pintacuda | Director Trustee or director | 2 | $0 | $0 |
| Ben Potter | Director Trustee or director | 2 | $0 | $0 |
| Michael Quigley | Director Trustee or director | 2 | $0 | $0 |
| Jeff Schroeder | Director Trustee or director | 2 | $0 | $0 |
| Shariq Shafi | Director Trustee or director | 2 | $0 | $0 |
| Edmund Shallcross III | Director Trustee or director | 2 | $0 | $0 |
| Sarah Shine | Director Trustee or director | 2 | $0 | $0 |
| Michael Steinman | Director Trustee or director | 2 | $0 | $0 |
| Craig Tillman | Director Trustee or director | 2 | $0 | $0 |
| James Whamond | Director Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 38 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Roy Wright | President/CEO Officer | 40 | $979,148 | $156,591 |
| Anne Cope | Chief Engineer/SVP Officer | 40 | $384,288 | $56,910 |
| Alister Watt | Chief Product Officer/SVP Officer | 40 | $346,764 | $41,717 |
| Pam Levenstone | Treasurer/CFO Officer | 40 | $240,144 | $50,935 |
| Murray Morrison | Managing Director of Research Highest-paid employee | 40 | $246,385 | $39,281 |
| Fred Malik | Managing Director of FORTIFIED Highest-paid employee | 40 | $236,169 | $48,638 |
| Michael Newman | Secretary/General Counsel Officer | 40 | $256,959 | $18,655 |
| Chuck Miccollis | Managing Director of Commercial Lines Highest-paid employee | 40 | $235,581 | $27,775 |
| Christopher Flynn | General Manager, Research Center Highest-paid employee | 40 | $200,379 | $44,734 |
| Connie Bryant Breedlove | Managing Director of Communications Highest-paid employee | 40 | $192,520 | $28,365 |
| Randall Poole | Director - Chair Trustee or director, Officer | 4 | $0 | $0 |
| Ryan Vigus | Director - Vice Chair Trustee or director, Officer | 4 | $0 | $0 |
| General Bill Cooney | Chairman Emeritus Trustee or director | 2 | $0 | $0 |
| Allen Anderson | Director Trustee or director | 2 | $0 | $0 |
| Gavin Blair | Director Trustee or director | 2 | $0 | $0 |
| Patrick Causgrove | Director Trustee or director | 2 | $0 | $0 |
| Rockne Corbin | Director Trustee or director | 2 | $0 | $0 |
| David Elkins | Director Trustee or director | 2 | $0 | $0 |
| Nicole Forziati | Director Trustee or director | 2 | $0 | $0 |
| Gina Hardy | Director Trustee or director | 2 | $0 | $0 |
| J Smith Smitty Harrison Jr | Director Trustee or director | 2 | $0 | $0 |
| Chris Karacalidis | Director Trustee or director | 2 | $0 | $0 |
| Brad Lemons | Director Trustee or director | 2 | $0 | $0 |
| Andrea Lindemeyer | Director Trustee or director | 2 | $0 | $0 |
| Patrick McCrink | Director Trustee or director | 2 | $0 | $0 |
| Eric Nelson | Director Trustee or director | 2 | $0 | $0 |
| Mohit Pande | Director Trustee or director | 2 | $0 | $0 |
| Greg Pannhausen | Director Trustee or director | 2 | $0 | $0 |
| Jennifer Pintacuda | Director Trustee or director | 2 | $0 | $0 |
| Ben Potter | Director Trustee or director | 2 | $0 | $0 |
| Michael Quigley | Director Trustee or director | 2 | $0 | $0 |
| Jeff Schroeder | Director Trustee or director | 2 | $0 | $0 |
| Shariq Shafi | Director Trustee or director | 2 | $0 | $0 |
| Edmund Shallcross III | Director Trustee or director | 2 | $0 | $0 |
| Sarah Shine | Director Trustee or director | 2 | $0 | $0 |
| Michael Steinman | Director Trustee or director | 2 | $0 | $0 |
| Craig Tillman | Director Trustee or director | 2 | $0 | $0 |
| James Whamond | Director Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5335 RICHBURG RD, RICHBURG, SC 29729-9104
- Principal officer (990 for 2025)
- Roy Wright, 5335 Richburg Road, Richburg, SC 29729
- Signed the 990
- Roy Wright, President / CEO
- Phone
- (803) 723-3600
- Website
- IBHS.org
- Return prepared by
- PDR CPAS ADVISORS INC
Mission
IBHS shall be a technical, research, and communication organization whose mission is to deliver top-tier science and translate it into action so we can prevent avoidable suffering, strengthen our homes and businesses, inform the insurance industry, and support thriving communities.
Program accomplishments
- Research Center Projects: At its unique, world-class IBHS Research Center in South Carolina, IBHS conducts a variety of tests to examine the impact of wind, fire, hail and wind-driven water on both residential and commercial structures. Using transparent, objective research methodologies, this multi-faceted research approach includes full-scale testing of one- and two-story test specimens; physical testing of individual structural components and building systems; and evaluation of existing/potential test methods and metrics. Research Center staff coordinates and leverages its research resources through collaboration with other scientists and research organizations, trade groups, and manufacturers.Expenses $11,978,827 · revenue $384,819
- FORTIFIED Programs: IBHS has developed and promulgated a set of science-based, hazard specific building design, repair and retrofitting standards for residential and commercial construction called the FORTIFIED program, a designation program. Wildfire Prepared: IBHS translates its wildfire research in a variety of ways, including media engagement, public policy engagement, live demonstrations, and developing and promulgating the Wildfire Prepared Program, a designation program based on a suite of mitigation actions designed to reduce the risk of home ignition.Expenses $4,568,055 · grants $60,000 · revenue $1,944,260
- Communications & Product Design: IBHS has robust communications capabilities that build upon and amplify the impact of our research capabilities. By translating technical research findings into guidance for homeowners and businesses and using a growing range of communications channels to reach a wide audience we seek to motivate action by educating stakeholders about practical and cost-effective ways to increase the resilience of both residential and commercial structures. Each year, IBHS creates a substantial amount of original data and related content. This information is communicated to the public directly and through IBHS Member companies, via the IBHS website and utilizing both digital and traditional media. Costs associated with this work all fall within the IBHS annual budget's personnel, printing, graphics, and IT expense items. No revenue is generated by this work.Expenses $2,713,542
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-2049143
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public safety, disaster preparedness and relief (M40)
- Assets (IRS master file)
- $60,894,273
- Income (IRS master file)
- $45,968,212
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $30,197,104 | $25,812,213 | $60,894,273 | IRS |
| 990 | December 2024 | $26,005,198 | $23,283,374 | $55,913,758 | IRS |
| 990 | December 2023 | $24,224,700 | $20,190,205 | $52,558,596 | XML |
| 990 | December 2022 | $23,871,382 | $18,073,681 | $48,227,581 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-2049143).
Questions about INSURANCE INSTITUTE FOR BUSINESS & HOME SAFETY
- What is the EIN of INSURANCE INSTITUTE FOR BUSINESS & HOME SAFETY?
- The employer identification number (EIN) of INSURANCE INSTITUTE FOR BUSINESS & HOME SAFETY is 23-2049143.
- Is INSURANCE INSTITUTE FOR BUSINESS & HOME SAFETY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to INSURANCE INSTITUTE FOR BUSINESS & HOME SAFETY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INSURANCE INSTITUTE FOR BUSINESS & HOME SAFETY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INSURANCE INSTITUTE FOR BUSINESS & HOME SAFETY due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INSURANCE INSTITUTE FOR BUSINESS & HOME SAFETY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of INSURANCE INSTITUTE FOR BUSINESS & HOME SAFETY?
- The 990 for the year ended December 31, 2025 names Roy Wright.
- Who are the officers and directors of INSURANCE INSTITUTE FOR BUSINESS & HOME SAFETY?
- The 990 for the year ended December 31, 2025 lists 39 people; 10 received compensation from the organization, the highest $880,769 (Roy Wright, President/CEO).
- How much revenue does INSURANCE INSTITUTE FOR BUSINESS & HOME SAFETY have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $30,197,104, expenses of $25,812,213 and total assets of $60,894,273 at year end.
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