2026-05-14T18:56:42-05:00 2025-12-31 410746749 CLIFTONLARSONALLEN LLP TWO INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 990 2025-01-01 852311247 ANALYSIS AND RESILIENCE CENTER FOR SYSTEMIC RISK INC ANAL 5717779411 7930 JONES BRANCH DRIVE 320 MCLEAN VA 22102 SCOTT DEPASQUALE PRESIDENT & CEO 5717719411 2026-05-14 1 LINDSEY PIGG P01268923 7819821001 2026-05-13 2025 2025-03-06 01:10:19Z X SCOTT DEPASQUALE 7930 JONES BRANCH DRIVE 320 MCLEAN VA 22102 11544274 0 X HTTPS://SYSTEMICRISK.ORG X 2020 DE ARC'S MISSION IS TO ENHANCE THE RESILIENCE OF CRITICAL INFRASTRUCTURE BY FOSTERING COLLABORATION AMONG INDUSTRY EXPERTS TO ADDRESS SYSTEMIC RISKS WITHIN THE FINANCIAL SECTOR. THROUGH COORDINATION WITH THE FINANCIAL SECTOR AND GOVERNMENT PARTNERS, ARC IS DEDICATED TO LEADING THE CHARGE IN SYSTEMIC RISK RESILIENCE THAT ENSURES THE CONTINUED PROSPERITY OF OUR ECONOMY AND NATION. 13 12 18 12 0 0 0 0 10420600 11325500 270788 218774 0 0 10691388 11544274 0 0 0 0 7043618 9297066 0 0 0 4072597 2790665 11116215 12087731 -424827 -543457 12340861 15513415 10615951 14331962 1724910 1181453 TO PROTECT THE ECONOMIC AND NATIONAL SECURITY OF THE UNITED STATES BY MITIGATING SYSTEMIC RISK TO THE NATION'S MOST CRITICAL INFRASTRUCTURE FROM EXISTING AND EMERGING THREATS. 0 0 ARC'S ACTIVITIES ARE IDENTIFYING, ANALYZING, ASSESSING AND COORDINATING EFFORTS TO MITIGATE CYBER-BASED THREATS AND SYSTEMIC RISKS IN THE FINANCIAL SECTOR'S CRITICAL INFRASTRUCTURE, AS ESTABLISHED UNDER EXECUTIVE ORDER 13636, SECTION 9 (2013), WHICH WAS REPLACED BY THE NATIONAL SECURITY MEMORANDUM ON CRITICAL INFRASTRUCTURE SECURITY AND RESILIENCE (NSM-22) (2024), WORKING WITH UNITED STATES GOVERNMENT AGENCIES. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 20 0 1 18 1 0 0 0 0 0 0 1 0 X 13 12 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X INDRE CONNERS 5717779411 7930 JONES BRANCH DRIVE SUITE 320 MCLEAN VA 22102 SCOTT DEPASQUALE SECRETARY AND PRESIDENT/CEO 40.00 X X 2232892 0 56816 JENNIFER EWBANK MEMBER 1.00 X 60000 0 0 CRAIG FROELICH CHAIR 1.25 X X 0 0 0 AL TARASIUK VICE CHAIR 1.25 X X 0 0 0 MATTHEW CHUNG TREASURER 1.25 X X 0 0 0 TIMOTHY CUDDIHY MEMBER 1.00 X 0 0 0 TRACY HARRINGTON MEMBER 1.00 X 0 0 0 ELIZABETH JOYCE MEMBER 1.00 X 0 0 0 MUNISH KUMAR AS OF 325 MEMBER 1.00 X 0 0 0 MATTHEW MCCORMICK UNTIL 325 MEMBER 1.00 X 0 0 0 PAT OPET MEMBER 1.25 X 0 0 0 CHRIS PORTER MEMBER 1.00 X 0 0 0 DAVID ROBINSON AS OF 625 MEMBER 1.00 X 0 0 0 KATHERINE WETMUR MEMBER 1.25 X 0 0 0 RICHARD HOCH HEAD OF INTELLIGENCE PROGRAMS 40.00 X 480000 0 21446 DAVID SULLIVAN HEAD OF FINANCIAL RISK INITIATIVE 40.00 X 870700 0 25746 DOUGLAS LEMOTT CHIEF INFORMATION SECURITY OFFICER 40.00 X 428797 0 43382 JONATHAN FORMAN SENIOR DIRECTOR OF FINANCIAL RISK PROGRAMS 40.00 X 414924 0 40315 INDRE CONNERS DIRECTOR OF FINANCE AND ADMINISTRATION 40.00 X 320934 0 60084 4808247 0 247789 16 0 1 0 BOGNET CONSTRUCTION ASSOCIATES INC 8224 OLD COURTHOUSE ROAD VIENNA VA 22182 NEW OFFICE CONSTRUCTION 382783 OLIVER WYMAN LLC 99 HIGH STREET BOSTON MA 02110 PROJECT RELATED SERVICES 300990 LESTER OWENS 7930 JONES BRANCH DRIVE MCLEAN VA 22102 BOARD ADVISING SERVICES 197315 CROWDSTRIKE INC TOTAL 206 E 9TH STREET AUSTIN TX 78701 THREAT MONITORING 147715 WOMBLE BOND DICKINSON LLP 470 ATLANTIC AVENUE SUITE 600 BOSTON MA 02110 LEGAL SERVICES 145950 6 MEMBERSHIP DUES 900099 11325500 11325500 11325500 218774 218774 11544274 11325500 0 218774 2334466 6208691 213341 191501 349067 147396 126987 820447 92467 304731 164335 313229 188500 198959 54270 CORP TAXES AND FEES 263243 BOARD & COMMITTEES 61865 MISCELLANEOUS 37036 BACKGROUND CHECKS 17200 12087731 11292584 11911557 120230 290971 243753 360254 1664258 336080 274887 1328178 409407 1622455 12340861 15513415 2962404 4853216 7156000 7456000 497547 2022746 10615951 14331962 X 1724910 1181453 1724910 1181453 12340861 15513415 -543457 0 X 0 1 X 1 0 0 1 0 1132242 1132242 335636 111985 223651 196380 224095 -27715 1328178 SECURITY DEPOSIT 93310 RIGHT-OF-USE ASSET 1529145 1622455 OPERATING LEASE LIABILITY 2022746 2022746 11544274 0 11544274 0 11544274 12087731 0 12087731 0 12087731 X X 0 0 0 SCOTT DEPASQUALE SECRETARY AND PRESIDENT/CEO 982892 0 1250000 0 0 0 21000 0 35816 0 2289708 0 0 0 DAVID SULLIVAN HEAD OF FINANCIAL RISK INITIATIVE 495700 0 375000 0 0 0 21000 0 4746 0 896446 0 0 0 RICHARD HOCH HEAD OF INTELLIGENCE PROGRAMS 290000 0 190000 0 0 0 21000 0 446 0 501446 0 0 0 DOUGLAS LEMOTT CHIEF INFORMATION SECURITY OFFICER 428797 0 0 0 0 0 21000 0 22382 0 472179 0 0 0 JONATHAN FORMAN SENIOR DIRECTOR OF FINANCIAL RISK PR 291655 0 123269 0 0 0 21000 0 19315 0 455239 0 0 0 INDRE CONNERS DIRECTOR OF FINANCE AND ADMINISTRATI 200934 0 120000 0 0 0 20600 0 39484 0 381018 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THERE SHALL BE AN EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS, CONSISTING OF SIX (6) DIRECTORS OF THE CORPORATION PLUS THE PRESIDENT & CEO (EX OFFICIO) FOR A TOTAL OF SEVEN (7) VOTING MEMBERS. THE EXECUTIVE COMMITTEE SHALL HAVE AUTHORITY OVER THE FOLLOWING SPECIFIC MATTERS, ACTING BY A TWO-THIRDS (2/3) SUPERMAJORITY VOTE AT A MEETING AT WHICH A QUORUM OF THE EXECUTIVE COMMITTEE IS PRESENT: (A) APPOINTMENT, OVERSIGHT AND REMOVAL OF THE PRESIDENT & CEO AND OTHER EXECUTIVE OFFICERS (AS DEFINED HEREAFTER) OF THE CORPORATION; (B) DETERMINING THE COMPENSATION OF THE PRESIDENT & CEO AND OTHER EXECUTIVE OFFICERS OF THE CORPORATION; (C) APPROVAL OF THE OPERATING BUDGET AND MAINTENANCE OF FINANCIAL ASSETS INCLUDING ACQUISITION OF DEBT OF ANY MATERIAL PROPERTY, ALL SUBJECT TO THE TOTAL ANNUAL BUDGET SPEND APPROVED BY THE BOARD OF DIRECTORS PURSUANT TO SECTION 4.2(B); (D) GENERAL CORPORATE ADMINISTRATIVE MATTERS SUCH AS MAINTAINING THE CORPORATION IN GOOD STANDING AND CHANGE OF REGISTERED AGENT AND OFFICE; (E) SELECTION AND OVERSIGHT OF THE INDEPENDENT AUDITOR OF THE CORPORATION AND OTHER AUDIT-RELATED WORK; (F) ADMISSION OF NEW MEMBERS, SUBJECT TO THE BROADER MEMBERSHIP STRUCTURE APPROVED BY THE BOARD OF DIRECTORS WITHIN ELIGIBLE SECTORS. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IS OPEN TO COMPANIES THAT, ON THEIR OWN OR THROUGH AN AFFILIATE, (I) QUALIFY AS AN ORGANIZATION THAT OWNS, OPERATES, OR OTHERWISE CONTROLS CRITICAL INFRASTRUCTURE FOR WHICH A DISRUPTION OR MALFUNCTION COULD CAUSE NATIONALLY SIGNIFICANT AND CASCADING NEGATIVE IMPACTS TO NATIONAL OR ECONOMIC SECURITY, CONTEMPLATED BY NATIONAL SECURITY MEMORANDUM ON CRITICAL INFRASTRUCTURE SECURITY AND RESILIENCE (NSM-22), (II) IS ACCEPTED FOR MEMBERSHIP BY THE CORPORATION AND EXECUTES A MEMBERSHIP PARTICIPATION AGREEMENT WITH THE CORPORATION; AND (III) PAY, ON A TIMELY BASIS, ANY APPLICABLE MEMBERSHIP DUES. ARC WITH THE APPROVAL OF THE ARC BOARD OF DIRECTORS CAN ADMIT ADDITIONAL MEMBER COMPANIES IN CRITICAL INFRASTRUCTURE SECTORS TO MEMBERSHIP ELIGIBILITY. CURRENTLY, ARC MEMBERS COMPRISE OF FINANCIAL SECTOR COMPANIES RECOGNIZED BY THE U.S. GOVERNMENT AS PART OF THE CRITICAL INFRASTRUCTURE SECTORS. FORM 990, PART VI, SECTION A, LINE 7A MEMBER COMPANIES OF ARC, IN ADDITIONAL TO PARTICIPATING IN ARC'S CYBERSECURITY ACTIVITIES IN SUPPORT OF THIS NATION'S MOST CRITICAL FINANCIAL SECTOR INFRASTRUCTURE AND IN COORDINATION WITH U.S. GOVERNMENT AGENCIES, ARE ALSO ELIGIBLE TO ELECT MEMBERS OF ARC'S BOARD OF DIRECTORS, AS PROVIDED IN THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO THE TREASURER FOR REVIEW OF ACCURACY OF DATA PRESENTED ON THE FORM BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ARC'S CONFLICT OF INTEREST POLICY APPLIES TO EMPLOYEES AND BOARD MEMBERS WITH SIGNIFICANT DECISION-MAKING AUTHORITY. THIS POLICY ALSO SEEKS TO ENSURE THE COMPANY'S HONESTY AND INTEGRITY, AND THEREFORE ITS REPUTATION, ARE NOT COMPROMISED. ALL EMPLOYEES MUST AVOID ANY RELATIONSHIPS OR ACTIVITIES THAT MIGHT IMPAIR, OR EVENT APPEAR TO IMPAIR, THEIR ABILITY TO MAKE OBJECTIVE AND FAIR DECISIONS WHEN PERFORMING THEIR JOBS. IT IS EACH EMPLOYEE AND BOARD MEMBER'S RESPONSIBILITY TO REPORT ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST THAT MAY EXIST BETWEEN THEM (AND/OR THEIR IMMEDIATE FAMILY) AND THE COMPANY TO THEIR SUPERVISORS. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION UTILIZED AN INDEPENDENT CONSULTANT, VAULT CONSULTING, LLC, TO EVALUATE EXECUTIVE COMPENSATION WITHIN THE MARKET FOR COMPARABLE SIZED NOT FOR PROFITS. ALSO THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS AND APPROVES EXECUTIVE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 ARC DOES NOT MAKE FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND ITS CONFLICT-OF-INTEREST POLICY AVAILABLE.