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Nonprofit · EIN 26-0003391

SURETY & FIDELITY ASSOCIATION OF AMERICA

Tax-exempt · WASHINGTON, DC 20036

Financials

$5.9M$5.5M2023$6M$5.6M2024$6.2M$6M2025
Revenue Expenses · by fiscal year end
Financials of SURETY & FIDELITY ASSOCIATION OF AMERICA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$6,184,386$5,999,756$184,630$9,778,601$4,707,293$5,071,308
December 31, 2024990$5,958,618$5,636,579$322,039$6,796,766$2,061,428$4,735,338
December 31, 2023990$5,909,613$5,485,116$424,497$7,042,514$2,741,467$4,301,047
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$5,907,240
Investment income
$244,371
Royalties
$32,775
Net gain from sales of assets
$55,461
Other revenue
$32,775

Expenses

Grants and similar amounts paid
$5,000
Compensation of officers, directors and key employees
$2,270,940
Other salaries and wages
$1,132,375
Salaries, compensation and benefits (total)
$3,984,354
Professional fundraising fees
$0
Legal fees
$14,174
Accounting fees
$149,023
Occupancy
$219,572
Travel
$61,708
Depreciation
$50,996

Balance sheet and other

Total assets, start of year
$6,796,766
Total assets, end of year
$9,778,601
Total liabilities, end of year
$4,707,293
Net assets, end of year
$5,071,308
Land, buildings and equipment
$169,555
Publicly traded securities
$4,206,975
Net assets without donor restrictions
$5,071,308
Gross receipts
$7,493,341
Employees
19
Volunteers
500
Year formed
2001
State of legal domicile
DC

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.

NameTitleHours / weekCompensationOther / benefits
RYAN WORKPRESIDENT & CEO
Officer
50$610,386$82,148
JULIE ALLEYNEVP, POLICY; GEN COUNSEL, SECR-TREASURER
Officer
45$330,065$78,528
PETER ROTHVP, STRAT COMM, MKT, & RESEARCH
Officer
40$314,592$58,699
WILLIAM HEINBOKELDIR, FIDELITY & REG COMPLIANCE
Key employee
40$250,919$53,281
ADAM D BRACKEMYREVP, GOVERNMENT AFFAIRS
Key employee
40$214,910$48,109
ALEX GLEASONHEAD OF GOVERNMENT AFFAIRS
Key employee
40$218,674$10,629
ALAN CLARKACTUARY
Highest-paid employee
40$163,921$58,592
EDWARD O'DONNELLMGR, STASTISTICAL
Highest-paid employee
40$160,658$58,756
BRIAN MUHLBACHDIR, MKT & COMMUNICATIONS
Highest-paid employee
40$160,727$35,000
ZACHARY LEVINESNR MGR, MKT & COMMUNICATIONS
Highest-paid employee
40$126,644$52,282
PAUL WISCHERDIR, POLICY & ASST GENERAL COUNSEL
Highest-paid employee
40$115,543$34,462
MICHAEL KEIMIGCHAIR
Trustee or director, Officer
0.5$0$0
STEPHEN RUSCHAKVICE CHAIR
Trustee or director, Officer
0.5$0$0
ANTONIO ALBANESEDIRECTOR
Trustee or director
0.5$0$0
KEN BEARLEYDIRECTOR
Trustee or director
0.5$0$0
14 more people on this return
NameTitleHours / weekCompensation
BRYCE GRISSOMDIRECTOR
Trustee or director
0.5$0
JOHN GUGLIELMODIRECTOR
Trustee or director
0.5$0
STEPHEN HANEYDIRECTOR
Trustee or director
0.5$0
MICHAEL HEIDRICKDIRECTOR
Trustee or director
0.5$0
JAMES KAWIECKIDIRECTOR
Trustee or director
0.5$0
MATTHEW LUBINDIRECTOR
Trustee or director
0.5$0
TIM MIKOLAJEWSKIDIRECTOR
Trustee or director
0.5$0
CHRIS NOLANDIRECTOR
Trustee or director
0.5$0
ALAN PAVLICDIRECTOR (TO NOV '25)
Trustee or director
0.5$0
SHARON SIMSDIRECTOR
Trustee or director
0.5$0
GARY STUMPERDIRECTOR
Trustee or director
0.5$0
LARRY TAYLORDIRECTOR
Trustee or director
0.5$0
JOHN WELCHDIRECTOR
Trustee or director
0.5$0
MIKE ZURCHERDIRECTOR
Trustee or director
0.5$0
990 for the year ended December 31, 2024: 30 people
NameTitleHours / weekCompensationOther / benefits
RYAN WORKPRESIDENT & CEO (FROM 2024)
Officer
50$524,804$27,726
JULIE ALLEYNEVP, POLICY; GEN COUNSEL, SECR-TREASURER
Officer
45$321,817$77,737
PETER ROTHVP, STRAT COMM, MKT, & RESEARCH
Officer
40$311,643$57,126
WILLIAM HEINBOKELDIR, FIDELITY & REG COMPLIANCE
Key employee
40$238,333$50,670
ADAM D BRACKEMYREVP, GOVERNMENT AFFAIRS
Key employee
40$210,046$46,602
PAUL J WISCHERDIR, POLICY & ASST GENERAL COUNSEL
Highest-paid employee
40$175,567$53,416
EDWARD O'DONNELLMGR, STATISTICAL
Highest-paid employee
40$154,612$56,508
ALAN CLARKACTUARY
Highest-paid employee
40$152,233$51,253
BRIAN MUHLBACHDR, MKT & COMMUNICATIONS
Highest-paid employee
40$152,939$31,670
ZACHARY LEVINESR MGR, MKT & COMMUNICATIONS
Highest-paid employee
40$129,867$25,813
MICHAEL KEIMIGCHAIR
Trustee or director, Officer
0.5$0$0
ROBERT RANEYVICE CHAIR (TO 2024)
Trustee or director, Officer
0.5$0$0
STEPHEN RUSCHAKVICE CHAIR
Trustee or director, Officer
0.5$0$0
BOB MURRAYPAST CHAIR
Trustee or director, Officer
0.5$0$0
ANTONIO ALBANESEDIRECTOR
Trustee or director
0.5$0$0
KEN BEARLEYDIRECTOR
Trustee or director
0.5$0$0
RICK CIULLODIRECTOR
Trustee or director
0.5$0$0
BRYCE GRISSOMDIRECTOR (FROM 2024)
Trustee or director
0.5$0$0
JOHN GUGLIELMODIRECTOR
Trustee or director
0.5$0$0
STEPHEN HANEYDIRECTOR
Trustee or director
0.5$0$0
JAMES KAWIECKIDIRECTOR
Trustee or director
0.5$0$0
MATTHEW LUBINDIRECTOR
Trustee or director
0.5$0$0
TIM MIKOLAJEWSKIDIRECTOR
Trustee or director
0.5$0$0
CHRIS NOLANDIRECTOR (FROM 2024)
Trustee or director
0.5$0$0
ALAN PAVLICDIRECTOR
Trustee or director
0.5$0$0
SHARON SIMSDIRECTOR
Trustee or director
0.5$0$0
GARY STUMPERDIRECTOR
Trustee or director
0.5$0$0
LARRY TAYLORDIRECTOR
Trustee or director
0.5$0$0
JOHN WELCHDIRECTOR
Trustee or director
0.5$0$0
MIKE ZURCHERDIRECTOR
Trustee or director
0.5$0$0
990 for the year ended December 31, 2023: 30 people
NameTitleHours / weekCompensationOther / benefits
J LEE COVINGTON IIPRESIDENT & CEO (TO SEP '23)
Officer
50$473,316$80,896
JULIE ALLEYNEVP, POLICY; GEN COUNSEL, SECR-TREASURER
Officer
45$290,716$74,459
PETER ROTHVP, STRAT COMM, MKT, & RESEARCH
Officer
40$281,766$48,942
WILLIAM HEINBOKELDIR, FIDELITY & REG COMPLIANCE
Key employee
40$228,479$46,229
ADAM D BRACKEMYREVP, GOVERNMENT AFFAIRS
Key employee
40$206,696$43,678
ALAN CLARKACTUARY
Highest-paid employee
40$148,979$47,717
EDWARD O'DONNELLMGR, STATISTICAL
Highest-paid employee
40$140,239$52,725
PAUL J WISCHERDIR, POLICY & ASST GENERAL COUNSEL
Highest-paid employee
40$161,773$23,825
BRIAN MUHLBACHDR, MKT & COMMUNICATIONS
Highest-paid employee
40$147,362$15,596
PATRICK RUSSELLDR, GOVERNMENT AFFAIRS
Highest-paid employee
40$113,207$7,835
BOB MURRAYCHAIR
Trustee or director, Officer
0.5$0$0
ROBERT RANEYVICE CHAIR
Trustee or director, Officer
0.5$0$0
JOHN WELCHPAST CHAIR
Trustee or director
0.5$0$0
ANTONIO ALBANESEDIRECTOR
Trustee or director
0.5$0$0
KEN BEARLEYDIRECTOR
Trustee or director
0.5$0$0
KENNETH CHAPMANDIRECTOR
Trustee or director
0.5$0$0
RICK CIULLODIRECTOR
Trustee or director
0.5$0$0
JOHN GUGLIELMODIRECTOR (FROM JUN '23)
Trustee or director
0.5$0$0
STEPHEN HANEYDIRECTOR
Trustee or director
0.5$0$0
JAMES KAWIECKIDIRECTOR
Trustee or director
0.5$0$0
MICHAEL KEIMIGDIRECTOR
Trustee or director
0.5$0$0
MATTHEW LUBINDIRECTOR
Trustee or director
0.5$0$0
TIM MIKOLAJEWSKIDIRECTOR
Trustee or director
0.5$0$0
ALAN PAVLICDIRECTOR
Trustee or director
0.5$0$0
SARINA PUCIODIRECTOR (TO JUN '23)
Trustee or director
0.5$0$0
STEPHEN RUSCHAKDIRECTOR
Trustee or director
0.5$0$0
MICHAEL SEFFDIRECTOR (TO JUN '23)
Trustee or director
0.5$0$0
SHARON SIMSDIRECTOR (FROM JUN '23)
Trustee or director
0.5$0$0
GARY STUMPERDIRECTOR
Trustee or director
0.5$0$0
LARRY TAYLORDIRECTOR
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
1146 19TH ST NW STE 700, WASHINGTON, DC 20036-3727
Principal officer (990 for 2025)
RYAN C WORK, 1146 19TH STREET NW 700, WASHINGTON, DC 200366617
Signed the 990
RYAN C WORK, PRESIDENT & CEO
Phone
(202) 516-7150
Return prepared by
JOHNSON LAMBERT LLP

Mission

PERFORMS A LEADERSHIP ROLE IN PROMOTING AND PRESERVING THE USE OF FIDELITY AND SURETY BONDS TO PROTECT PUBLIC AND PRIVATE INTERESTS.

990 for the year ended December 31, 2025

Program accomplishments

  • LEGAL AFFAIRS AND LEGISLATION: FEES PAID TO MONITOR LEGISLATION AND HIRE ATTORNEYS TO PROVIDE LEGAL ADVICE ON MATTERS RELATED TO SURETY AND FIDELITY BONDS.
  • STATISTICAL REPORTS AND ANALYSIS: DATA AND REPORTS REGARDING THE SURETY AND FIDELITY INDUSTRIES PROVIDED TO MEMBERS AND OTHER INTERESTED PARTIES.
  • AMICUS BRIEFS: FEES INCURRED TO RETAIN OUTSIDE COUNSEL TO ADVOCATE FOR IMPORTANT SURETY AND FIDELITY RIGHTS IN LITIGATION THROUGH THE FILING OF AMICUS BRIEFS.
  • GOVERNMENT AFFAIRS: FEES PAID TO MONITOR LEGISLATION ON THE FEDERAL AND STATE LEVELS AND TO HIRE OUTSIDE CONSULTANTS WITH EXPERTISE ON MATTERS RELATED TO FEDERAL AND STATE LEGISLATION IMPACTING SURETY AND FIDELITY BONDS.EDUCATION AND PROMOTION: PUBLIC SERVICE INFORMATION TO EDUCATE CONSUMERS AND GOVERNMENT OFFICIALS ABOUT SURETY AND FIDELITY BONDS.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-0003391
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$9,778,601
Income (IRS master file)
$7,493,341

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$6,184,386$5,999,756$9,778,601XML
990December 2024$5,958,618$5,636,579$6,796,766XML
990December 2023$5,909,613$5,485,116$7,042,514XML
990December 2022$5,464,282$5,294,883$6,599,686IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 26-0003391).

Questions about SURETY & FIDELITY ASSOCIATION OF AMERICA

What is the EIN of SURETY & FIDELITY ASSOCIATION OF AMERICA?
The employer identification number (EIN) of SURETY & FIDELITY ASSOCIATION OF AMERICA is 26-0003391.
Is SURETY & FIDELITY ASSOCIATION OF AMERICA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2002.
Are donations to SURETY & FIDELITY ASSOCIATION OF AMERICA tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SURETY & FIDELITY ASSOCIATION OF AMERICA 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 SURETY & FIDELITY ASSOCIATION OF AMERICA 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 SURETY & FIDELITY ASSOCIATION OF AMERICA 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 SURETY & FIDELITY ASSOCIATION OF AMERICA?
The 990 for the year ended December 31, 2025 names RYAN C WORK.
Who are the officers and directors of SURETY & FIDELITY ASSOCIATION OF AMERICA?
The 990 for the year ended December 31, 2025 lists 29 people; 11 received compensation from the organization, the highest $610,386 (RYAN WORK, PRESIDENT & CEO).
How much revenue does SURETY & FIDELITY ASSOCIATION OF AMERICA have?
On its 990 for the year ended December 31, 2025 it reported revenue of $6,184,386, expenses of $5,999,756 and total assets of $9,778,601 at year end.

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