Nonprofit · EIN 23-7268394
INTERNATIONAL CITY MANAGEMENT ASSOCIATION RETIREMENT CORPORATION
Tax-exempt · WASHINGTON, DC 20002
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $290,077,681 | $292,047,310 | -$1,969,629 | $704,297,533 | $109,834,354 | $594,463,179 |
| December 31, 2023 | 990 | $268,974,871 | $267,564,091 | $1,410,780 | $677,967,336 | $108,868,703 | $569,098,633 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $263,048,988
- Investment income
- $25,811,878
- Net rental income
- $1,031,619
- Net gain from sales of assets
- $4,594,363
- Other revenue
- $1,216,815
Expenses
- Grants and similar amounts paid
- $12,849
- Compensation of officers, directors and key employees
- $6,749,944
- Other salaries and wages
- $111,829,969
- Salaries, compensation and benefits (total)
- $148,553,925
- Professional fundraising fees
- $0
- Legal fees
- $2,300,992
- Accounting fees
- $757,066
- Occupancy
- $7,246,697
- Travel
- $3,256,019
- Depreciation
- $6,426,965
- Program services (functional)
- $264,735,305
- Management and general (functional)
- $27,312,005
Balance sheet and other
- Total assets, start of year
- $677,967,336
- Total assets, end of year
- $704,297,533
- Total liabilities, end of year
- $109,834,354
- Net assets, end of year
- $594,463,179
- Land, buildings and equipment
- $9,602,133
- Publicly traded securities
- $155,492,778
- Net assets without donor restrictions
- $594,463,179
- Gross unrelated business income
- $28,838,543
- Gross receipts
- $373,132,877
- Employees
- 725
- Volunteers
- 0
- Year formed
- 1972
- State of legal domicile
- DE
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DEANNA SANTANA UNTIL 90324 | ACTING PRESIDENT, CEO, DIRECTOR Trustee or director, Officer | 40 | $2,056,882 | $0 | $61,884 |
| WAYNE WICKER UNTIL 40524 | SVP, Chief Investment Officer Highest-paid employee | 40 | $1,546,791 | $0 | $70,897 |
| KAREN CHONG-WULFF | MVP, Fixed Income Investments Highest-paid employee | 40 | $1,199,321 | $0 | $159,239 |
| Andrew Whiting | SVP, CHIEF REVENUE OFFICER Highest-paid employee | 40 | $1,186,712 | $0 | $137,244 |
| ANGELA MONTEZ | SECRETARY, CLO Officer | 40 | $1,111,124 | $0 | $51,456 |
| Dai Shi | Treasurer, CFO Officer | 40 | $846,037 | $0 | $254,747 |
| ANDRE ROBINSON AS OF 90324 | PRESIDENT, CEO, DIRECTOR Trustee or director, Officer | 40 | $972,104 | $0 | $17,428 |
| AIMEI ZHONG UNTIL 102924 | MVP, Equity INVESTMENTS Highest-paid employee | 40 | $946,969 | $0 | $28,485 |
| Venkatakrishnan Balakrishnan | MVP, Asset Allocation Investments Highest-paid employee | 40 | $846,381 | $0 | $72,145 |
| MARC OTT | DIRECTOR Trustee or director | 2 | $858 | $547,600 | $55,700 |
| THOMAS McANDREWS AS OF 90324 | ASSISTANT SECRETARY Officer | 40 | $506,677 | $0 | $76,169 |
| ERICA McFARQUHAR AS OF 90324 | ASSISTANT SECRETARY Officer | 40 | $495,959 | $0 | $61,115 |
| CHRISTOPHER GRAVES | ASSISTANT TREASURER Officer | 40 | $204,046 | $0 | $17,808 |
| ROBERT JONES UNTIL 90324 | DIRECTOR Trustee or director | 2 | $5,231 | $0 | $0 |
| JOSEPH COYNE | DIRECTOR Trustee or director | 2 | $4,990 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TROY BROWN | Director Trustee or director | 2 | $4,365 |
| Opal Mauldin-Jones | DIRECTOR Trustee or director | 2 | $1,921 |
| BRIAN CLARKE | DIRECTOR Trustee or director | 2 | $0 |
| CYNTHIA STEER | DIRECTOR Trustee or director | 2 | $0 |
| MONA MIYASATO | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LYNNE FORD UNTIL 42423 | PRESIDENT, CEO, DIRECTOR Trustee or director, Officer | 40 | $1,225,394 | $0 | $914,675 |
| WAYNE WICKER | SVP, CHIEF INVESTMENT OFFICER Highest-paid employee | 40 | $1,871,738 | $0 | $71,214 |
| KAREN CHONG-WULFF | MVP, FIXED INCOME INVESTMENTS Highest-paid employee | 40 | $1,041,852 | $0 | $191,995 |
| DAI SHI | TREASURER, CFO Officer | 40 | $640,306 | $0 | $305,976 |
| ANDREW WHITING | SENIOR VICE PRESIDENT Highest-paid employee | 40 | $700,006 | $0 | $215,530 |
| FLORA HEDRICK | MVP, ALTERNATIVE INVESTMENTS Highest-paid employee | 40 | $734,145 | $0 | $139,672 |
| VENKATAKRISHNAN BALAKRISHNAN | MVP, ASSET ALLOC'N INVESTMENTS Highest-paid employee | 40 | $766,358 | $0 | $68,581 |
| DEANNA SANTANA AS OF 42523 | ACTING PRESIDENT, CEO, DIRECTOR Trustee or director, Officer | 40 | $686,479 | $0 | $31,355 |
| MARC OTT | DIRECTOR Trustee or director | 2 | $766 | $575,491 | $52,456 |
| ANGELA MONTEZ | SECRETARY, CLO (AS OF 5/10/23) Officer | 40 | $451,263 | $0 | $45,459 |
| KATHERINE SCHULZE | SECRETARY, CLO (UNTIL 4/26/23) Officer | 40 | $272,127 | $0 | $9,350 |
| JOSEPH COYNE | DIRECTOR Trustee or director | 2 | $6,845 | $0 | $0 |
| ROBERT JONES | DIRECTOR Trustee or director | 2 | $4,128 | $0 | $0 |
| CYNTHIA STEER | DIRECTOR Trustee or director | 2 | $2,616 | $0 | $0 |
| BRIAN CLARKE | DIRECTOR Trustee or director | 2 | $1,437 | $0 | $0 |
| OPAL MAULDIN-JONES | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MONA MIYASATO | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 777 N CAPITOL ST NE STE 600, WASHINGTON, DC 20002-4290
- In care of
- % RICHARD WHITTY
- Principal officer (990 for 2024)
- ANDRE ROBINSON, 777 N Capitol St NE Ste 600-Tax, Washington, DC 200024240
- Signed the 990
- ANDRE ROBINSON, PRESIDENT
- Phone
- (202) 962-4600
- Return prepared by
- KPMG LLP
Mission
THE CORPORATION SERVES TO LESSEN THE BURDENS OF STATE AND LOCAL GOVERNMENTS AND THEIR AGENCIES AND INSTRUMENTALITIES BY ADMINISTERING QUALIFIED AND DEFERRED COMPENSATION RETIREMENT PLANS, THEREBY HELPING INDIVIDUAL MUNICIPAL EMPLOYEES BUILD FINANCIAL SECURITY.
Program accomplishments
- THE CORPORATION PROVIDED PLAN ADMINISTRATION, ASSET MANAGEMENT, AND RETIREMENT EDUCATION AND PLANNING SERVICES TO 4,755 STATE AND LOCAL GOVERNMENT EMPLOYERS, SPONSORING 9,153 RETIREMENT PLANS COVERING 1,836,710 INDIVIDUAL MUNICIPAL EMPLOYEE RETIREMENT ACCOUNTS.Expenses $264,735,305 · grants $12,849 · revenue $263,048,988
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 | Not 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
- 23-7268394
- 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
- 1973
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y30)
- Assets (IRS master file)
- $704,297,533
- Income (IRS master file)
- $373,132,877
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $290,077,681 | $292,047,310 | $704,297,533 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $268,974,871 | $267,564,091 | $677,967,336 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $271,458,710 | $251,906,642 | $643,097,063 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | 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 23-7268394).
Questions about INTERNATIONAL CITY MANAGEMENT ASSOCIATION RETIREMENT CORPORATION
- What is the EIN of INTERNATIONAL CITY MANAGEMENT ASSOCIATION RETIREMENT CORPORATION?
- The employer identification number (EIN) of INTERNATIONAL CITY MANAGEMENT ASSOCIATION RETIREMENT CORPORATION is 23-7268394.
- Is INTERNATIONAL CITY MANAGEMENT ASSOCIATION RETIREMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
- Are donations to INTERNATIONAL CITY MANAGEMENT ASSOCIATION RETIREMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INTERNATIONAL CITY MANAGEMENT ASSOCIATION RETIREMENT CORPORATION 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 INTERNATIONAL CITY MANAGEMENT ASSOCIATION RETIREMENT CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INTERNATIONAL CITY MANAGEMENT ASSOCIATION RETIREMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of INTERNATIONAL CITY MANAGEMENT ASSOCIATION RETIREMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names ANDRE ROBINSON.
- Who are the officers and directors of INTERNATIONAL CITY MANAGEMENT ASSOCIATION RETIREMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 20 people; 17 received compensation from the organization, the highest $2,056,882 (DEANNA SANTANA UNTIL 90324, ACTING PRESIDENT, CEO, DIRECTOR).
- How much revenue does INTERNATIONAL CITY MANAGEMENT ASSOCIATION RETIREMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $290,077,681, expenses of $292,047,310 and total assets of $704,297,533 at year end.
Other nonprofits in WASHINGTON
- FIAT LUX RISK AND INSURANCE COMPANY EIN 46-1828839 · last filed 990 for 2025
- AMERICAS HEALTH INSURANCE PLANS INC EIN 36-2087641 · last filed 990 for 2024
- ELECTRONIC PAYMENTS COALITION INC EIN 47-4908678 · last filed 990 for 2024
- UAW RETIREES OF DAIMLER TRUCKS NORTH AMERICA WELFARE BENEFITS TR EIN 47-6377585 · last filed 990 for 2024
- AFL-CIO HEALTH & WELFARE TR EIN 38-6847980 · last filed 990 for 2024
- FORMER PLAYER BENEFITS TR EIN 46-3459332 · last filed 990 for 2025
- UFCW HEALTH INSURANCE PLAN FOR RETIREES EIN 81-1529180 · last filed 990 for 2025
- SMART VSTD GROUP PLAN EIN 27-6365479 · last filed 990 for 2024
All nonprofits in WASHINGTON · District of Columbia · Mutual and membership benefit