2019-03-15T14:50:36-05:00 2018-12-31 591687531 PDR CPAs Advisors Inc 4023 Tampa Road Suite 2000 Oldsmar FL 34677 990 2018-01-01 232049143 Insurance Institute for Business & Home Safety INSU 8132863400 4775 E Fowler Ave Tampa FL 33617 Roy Wright President / CEO 8132863400 2019-03-14 1 Nancy M Ridenour P00232551 7277854447 2019-03-14 64.88.174.3 2019-03-14 10:33:44 ED P 9E85CB461744E62E1E1A4C8CDF8EA005CEF326F4 C3570F5671B89D32DE13BD8F7FAB98C72CE1F0CB 2018 2019-02-21 02:37:17Z Roy Wright 4775 E Fowler Ave Tampa FL 33617 15071146 0 X WWW.disastersafety.org X 1977 IL IBHS conducts research to help protect homes and businesses against various causes of loss. 27 26 79 0 0 0 13562471 14047543 0 66531 143916 198537 1372 802 13707759 14313413 0 0 0 0 8039293 8339440 0 0 0 5998886 5421314 14038179 13760754 -330420 552659 41043855 42356105 7859710 8882997 33184145 33473108 X The Insurance Institute for Business & Home Safety's mission is to conduct objective, scientific research to identify, evaluate and promote effective actions that strengthen homes, businesses and communities against natural hazards and other causes of loss. 0 0 4403780 66531 Research Center Projects: At the 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. The 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. Transparent, objective research methodologies are utilized. Research Center staff coordinates and leverages Institute resources through partnerships with manufacturers, trade groups and other scientists and research organizations. Total expense for this work is approximately $4.4 million annually; partnerships with public, private and academic organizations brought in $66,531 of revenue to the Research Center, all of which was utilized for research conducted in conjunction with that specific partnership. 3526729 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. Further development of individual standards is ongoing, and IBHS is in the midst of working to scale up our hurricane standard for new and existing site-built, manufactured and modular homes - while maintaining quality control over the standard and designation process. Total expense for this work in 2018 was confined to the IBHS annual budget in the form of personnel, IT, and travel costs. No revenue is generated by this work. 1263288 802 1263288 802 9193797 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 19 0 1 79 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 27 26 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X X Susan Baxter Gibson 8136751049 4775 E FOWLER AVE TAMPA FL 33617 Craig Tillman Director - Chair 4.00 X X 0 0 0 Eric Nelson Director - Vice Chair 4.00 X X 0 0 0 David Arango Director 2.00 X 0 0 0 Gavin Blair Director 2.00 X 0 0 0 Peggy Echols Director 2.00 X 0 0 0 Steven Brown Director 2.00 X 0 0 0 Mario Menesse Director 2.00 X 0 0 0 General Bill Cooney Chairman Emeritus 2.00 X 0 0 0 Robert DiMuccio Director 2.00 X 0 0 0 Dan Gaynor Director 2.00 X 0 0 0 J Smith Smitty Harrison Jr Director 2.00 X 0 0 0 Mohit Pande Director 2.00 X 0 0 0 Timothy Mosely Director 2.00 X 0 0 0 Matt Moore Director 2.00 X 0 0 0 Laurie Pellouchoud Director 2.00 X 0 0 0 Mike Neubauer Director 2.00 X 0 0 0 Michael Quigley Director 2.00 X 0 0 0 Randy Poole Director 2.00 X 0 0 0 Jon Riekse Director 2.00 X 0 0 0 Donald Procopio Director 2.00 X 0 0 0 Lesley Reeter Director 2.00 X 0 0 0 Doug Smith Director 2.00 X 0 0 0 Tim Smith Director 2.00 X 0 0 0 John Strong Director 2.00 X 0 0 0 Ryan Vigus Director 2.00 X 0 0 0 Jim Whamond Director 2.00 X 0 0 0 Debra Ballen General Counsel/SVP of Pub 40.00 X 348933 0 76955 Susan Baxter Gibson VP of Finance 40.00 X 189267 0 66946 Anne Cope VP of Research 40.00 X 249563 0 50628 Fred Malik VP Fortified Program 40.00 X 204805 0 49991 Chuck Miccollis VP Commerical Lines Engineeri 40.00 X 208288 0 51564 Murray Morrison VP of Research 40.00 X 151364 0 35857 Alister Watt Chief Product Officer 40.00 X 120923 0 6939 Tanya Brown Giammanco VP of Research 40.00 X 152047 0 26812 Roy Wright President/CEO 40.00 X 491025 0 28512 Remington Brown Senior Engineering Directo 40.00 X 143310 0 47818 Christopher Flynn Lab Manager 40.00 X 127100 0 31221 Brian McElhoe IT Director 40.00 X 141500 0 27838 Susan Millerick Director of Public Affairs 40.00 X 168375 0 11051 Mark Zehnal Roofing Specialist & FORTIFIED Program 40.00 X 127181 0 27646 Julie Rochman President/CEO - retired 40.00 X 390616 0 59804 Brenda O'Connor SVP of Public Affairs - retired 40.00 X 163491 0 51513 3377788 0 651095 16 1 1 0 Jose Jimenez LLC 6022 Interbay Blvd Tampa FL 33617 Consulting 192500 1 13697543 350000 14047543 Research Center Projects Contract 900099 66531 66531 66531 178734 178734 777536 757733 19803 19803 19803 Other 900099 802 802 802 14313413 67333 0 198537 2116215 1688836 427379 5100494 4300788 799706 722187 594320 127867 400544 347666 52878 13443 13443 23000 23000 359483 269564 89919 27823 27823 58105 5562 52543 568844 273776 295068 599670 394370 205300 493609 428181 65428 133911 102044 31867 66769 66769 1700050 1700050 128390 128390 Research projects 511965 511965 Misc expense 300496 74456 226040 Repairs & Maintenance 247248 174446 72802 Postage & Telephone 142938 142938 45570 45570 13760754 9193797 4566957 0 4696489 5737799 5394239 6210619 26423 54695 33120 99909 45417209 15211457 30871219 30205752 22365 47331 41043855 42356105 762245 1038124 2388378 3366517 2057142 1823592 2651945 2654764 7859710 8882997 X 33182147 33471110 1998 1998 33184145 33473108 41043855 42356105 X 552659 -234337 -29359 X X 0 1 X 1 0 X 10612777 10946227 12410968 13541735 14047543 61559250 338785 22890 110165 20736 66531 559107 10951562 10969117 12521133 13562471 14114074 62118357 0 0 0 62118357 28989 28646 38571 131534 140696 368436 28989 28646 38571 131534 140696 368436 5490 642 5594 1372 802 13900 10986041 10998405 12565298 13695377 14255572 62500693 0.99390 0.99510 0.00590 0.00470 X 546757 546757 35157377 6552224 28605153 15156 13570 1586 8465350 8362872 102478 1232569 282791 949778 30205752 Lease obligation - current 135000 Lease obligation - noncurrent 405000 Accrued pension 2114764 2654764 X 14079076 -234337 -234337 14313413 0 14313413 13760754 0 13760754 0 13760754 Part X, Line 2: IBHS accounts for the effect of any uncertain tax positions based on a "more likely than not" threshold to the recognition of the tax positions being sustained based on the technical merits of the position under scrutiny by the applicable taxing authority. If a tax position or positions are deemed to result in uncertainties of those positions, the unrecognized tax benefit is estimated based on a "cumulative probability assessment" that aggregates the estimated tax liability for all uncertain tax positions. IBHS has identified its tax status as a tax-exempt entity as its only significant tax position; however, IBHS has determined that such tax position does not result in an uncertainty requiring recognition. IBHS is not currently under examination by any taxing jurisdiction. IBHS's federal returns are generally open for examination for three years following the date filed. X X X 0 0 0 0 0 0 0 0 0 Debra Ballen General Counsel/SVP of Pub 323813 0 25120 0 0 0 0 0 0 0 348933 0 0 0 Susan Baxter Gibson VP of Finance 175667 0 13600 0 0 0 0 0 0 0 189267 0 0 0 Anne Cope VP of Research 231563 0 18000 0 0 0 0 0 0 0 249563 0 0 0 Fred Malik VP Fortified Program 195542 0 9263 0 0 0 0 0 0 0 204805 0 0 0 Chuck Miccollis VP Commerical Lines Engineeri 195938 0 12350 0 0 0 0 0 0 0 208288 0 0 0 Murray Morrison VP of Research 144084 0 7280 0 0 0 0 0 0 0 151364 0 0 0 Tanya Brown Giammanco VP of Research 144084 0 7963 0 0 0 0 0 0 0 152047 0 0 0 Roy Wright President/CEO 341025 0 150000 0 0 0 0 0 0 0 491025 0 0 0 Susan Millerick Director of Public Affairs 154375 0 14000 0 0 0 0 0 0 0 168375 0 0 0 Julie Rochman President/CEO - retired 340616 0 50000 0 0 0 0 0 0 0 390616 0 0 0 Brenda O'Connor SVP of Public Affairs - retired 143352 0 20139 0 0 0 0 0 0 0 163491 0 0 0 A South Carolina Jobs-Economic Development Authority 570960018 837031RV7 2009-11-05 9000000 Financing for the South Carolina Research Center 0 0 0 A 9000000 2010 0 0 1 1 A 0 0 0 0 1 0 0 A 0 0 0 0 1 0 0 0 0 A 0 Form 990, Part VI, Section A, line 6 The organization has members. Form 990, Part VI, Section A, line 7a The governing body (Board of Directors) is made up of members who are elected by certain classes of members to serve as a Board member. Form 990, Part VI, Section A, line 7b Governance decisions are subject to approval by members, stockholders, or persons other than the governing body. Form 990, Part VI, Section B, line 11b A draft copy is first reviewed by the Vice President of Finance and the CEO. Any preliminary corrections are made by the preparing firm. Then, the (revised) draft is electronically transmitted to each Audit & Finance (A&F) Committee member, the President and CEO, and General Counsel prior to the March A&F Committee meeting. The 990 is presented to the A&F Committee by the Institute's outside auditor; the A&F Committee then has a chance to ask questions and discuss the document. When general agreement is reached, the committee approves the draft. If any changes are made, they are reviewed and approved by the A&F Committee chairman, who then notifies the Vice President of Finance that the President & CEO is authorized to sign and send the return to the appropriate federal authority. Form 990, Part VI, Section B, line 12c The organization conducts audits of staff through online searches, and annually requires each employee to review and sign the conflict of interest policy. Compliance is monitored by the HR department. Form 990, Part VI, Section B, line 15 The IBHS Board of Directors' Compensation Committee (comprising the three chairmen of the Board, Executive Committee, and Audit & Finance Committee) annually reviews and approves all compensation for the CEO, as well as performance-related salary adjustments and bonuses for all senior officers. Other key employees' compensation is reviewed annually by the CEO. No less than annually, the CEO and Human Resources Director research compensation for comparable positions in similar organizations and locations to determine appropriateness of salary levels. The Institute also has a robust, comprehensive compensation structure that covers all employees. Form 990, Part VI, Section C, line 19 The organization does make its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part XI, line 9: Pension related changes other than net periodic pension cost -29,359. Form 990, Part XI, Line 2C The organization has an audit and finance committee that assumes responsibility for oversight of the audit of financial statements and selection of an independent auditor.