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Nonprofit · EIN 36-3694409

RUBICON INSURANCE COMPANY

Tax-exempt · EVANSTON, IL 60208

Financials

$4.8M$15.3M2023$8.3M$13.5M2024
Revenue Expenses · by fiscal year end
Financials of RUBICON INSURANCE COMPANY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$8,266,735$13,508,691-$5,241,956$45,823,524$41,742,254$4,081,270
December 31, 2023990$4,817,509$15,323,850-$10,506,341$33,905,500$32,324,900$1,580,600
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$5,629,009
Investment income
$2,637,726
Net gain from sales of assets
$1,241,790
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$13,256,700
Management and general (functional)
$251,991

Balance sheet and other

Total assets, start of year
$33,905,500
Total assets, end of year
$45,823,524
Total liabilities, end of year
$41,742,254
Net assets, end of year
$4,081,270
Gross receipts
$16,214,263
Employees
0
Volunteers
0
Year formed
1990
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, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
STEPHANIE GRAHAMDIRECTOR
Trustee or director
1$0$1,247,955$149,910
LUKE FIGORAPRESIDENT
Trustee or director, Officer
1$0$797,154$208,247
AMANDA DISTELTREASURER
Trustee or director, Officer
1$0$785,018$201,713
DANIEL DURACKDIRECTOR
Trustee or director
1$0$383,951$50,328
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
STEPHANIE GRAHAMDIRECTOR
Trustee or director
1$0$1,089,093$150,367
CRAIG A JOHNSONPRESIDENT & DIRECTOR UNTIL 6/3/23
Trustee or director, Officer
1$0$1,062,156$33,099
AMANDA DISTELTREASURER
Trustee or director, Officer
1$0$596,647$44,763
LUKE FIGORAPRESIDENT & DIRECTOR BEG 6/15/23
Trustee or director, Officer
1$0$578,885$52,851
DANIEL DURACKDIRECTOR
Trustee or director
1$0$345,253$44,667

Address and contacts

Address (IRS master file)
2020 RIDGE AVENUE SUITE 240, EVANSTON, IL 60208-4335
In care of
% WILLIAM O PARK
Principal officer (990 for 2024)
LUKE FIGORA, 2020 RIDGE AVENUE, EVANSTON, IL 60208
Signed the 990
LUKE FIGORA, CHIEF OPERATING OFFICER
Phone
(847) 491-7696
Return prepared by
CROWE LLP

Mission

RUBICON PROVIDES PROFESSIONAL LIABILITY, EXECUTIVE, CYBER, PROPERTY, GENERAL, AND AUTOMOBILE LIABILITY INSURANCE TO NORTHWESTERN UNIVERSITY AND ITS TAX EXEMPT AFFILIATES, TO ENSURE THE AVAILABILITY OF COVERAGE AND PROVIDE ACCESS TO REINSURANCE MARKETS.

990 for the year ended December 31, 2024

Program accomplishments

  • RUBICON PROVIDES PRIMARY GENERAL, PROFESSIONAL, AUTOMOBILE AND PHYSICAL DAMAGE,CYBER, PROPERTY, AND EDUCATOR'S LEGAL LIABILITY INSURANCE TO NORTHWESTERN UNIVERSITY AND ITS TAX EXEMPT AFFILIATES.RUBICON ALSO PROVIDES HIGH EXCESS GENERAL PROFESSIONAL,AUTOMOBILE,CYBER, AND EDUCATOR'S LEGAL LIABILITY INSURANCE ON AN INTEGRATED BASIS AND CEDES 100 PERCENT OF THE RISK UNDERTAKEN TO A COMMERCIAL REINSURANCE CARRIER.THE PURPOSE OF PLACING THESE RISKS OF NORTHWESTERN UNIVERSITY AND ITS TAX EXEMPT AFFILIATES WITH RUBICON IS TO REDUCE COSTS,ENSURE THE AVAILABILITY OF COVERAGE AND PROVIDE ACCESS TO REINSURANCE MARKETS.
    Expenses $13,256,700 · revenue $5,629,009

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
36-3694409
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1991
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$45,823,524
Income (IRS master file)
$16,214,263

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$8,266,735$13,508,691$45,823,524IRS
990December 2023$4,817,509$15,323,850$33,905,500XML
990December 2022$4,055,959$7,630,962$31,706,962IRS
990December 2021–––IRS
990December 2020–––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 36-3694409).

Questions about RUBICON INSURANCE COMPANY

What is the EIN of RUBICON INSURANCE COMPANY?
The employer identification number (EIN) of RUBICON INSURANCE COMPANY is 36-3694409.
Is RUBICON INSURANCE COMPANY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
Are donations to RUBICON INSURANCE COMPANY tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does RUBICON INSURANCE COMPANY 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 RUBICON INSURANCE COMPANY 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 RUBICON INSURANCE COMPANY 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 RUBICON INSURANCE COMPANY?
The 990 for the year ended December 31, 2024 names LUKE FIGORA.
Who are the officers and directors of RUBICON INSURANCE COMPANY?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does RUBICON INSURANCE COMPANY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $8,266,735, expenses of $13,508,691 and total assets of $45,823,524 at year end.

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