NonprofitsInsurance Institute For Business & Home Safety

Public Safety, Disaster Preparedness & Relief

Insurance Institute For Business & Home Safety

RICHBURG, SC

Total revenue

$26.0M

Total expenses

$23.3M

Net assets

$53.3M

Grants received

EIN

232049143

Tax year

2024

Mission

IBHS conducts research to help protect homes and businesses against various causes of loss.

Programs

2 programs

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 called the FORTIFIED program. In 2024, IBHS designated more than 17,000 properties through the FORTIFIED program, bringing total designations above 70,000 across 31 states.Wildfire Prepared: IBHS translates its wildfire research in a variety of ways, including media engagement, public policy engagement, live demonstrations, and developing and promulgating the Wildfire Prepared Program, a designation program based on a suite of mitigation actions designed to reduce the risk of home ignition. IBHS conducted several live demonstrations in to illustrate the importance of removing combustible material from the five-foot zone around structures. IBHS also educated state insurance regulators, lawmakers, and other policymakers about science-based wildfire mitigation actions. Over 1,000 homes are now designated Wildfire Prepared .

Expenses: $4.9M

Communications & Product Design: IBHS has robust communications capabilities that build upon and amplify the impact of our research capabilities. By translating technical research findings into guidance for homeowners and businesses and using a growing range of communications channels to reach a wide audience we seek to motivate action by educating stakeholders about practical and cost-effective ways to increase the resilience of both residential and commercial structures. Each year, IBHS creates a substantial amount of original data and related content. This information is communicated to the public directly and through IBHS Member companies, via the IBHS website and utilizing both digital and traditional media. Costs associated with this work all fall within the IBHS annual budget's personnel, printing, graphics, and IT expense items. No revenue is generated by this work.

Expenses: $3.0M

Financials

FY 2024

Revenue

Contributions & grants$22.3M
Program service revenue$2.7M
Investment income$1.0M
Other revenue
Total revenue$26.0M

Expenses

Grants paid
Salaries & benefits$14.0M
Fundraising
Other expenses$9.3M
Total expenses$23.3M
Total assets$55.9M
Net assets$53.3M

People

42 listed

NameRoleCompensation

Roy Wright

President/CEO

Board

$988K

40 hrs/wk

Anne Cope

Chief Engineer/SVP

Board

$392K

40 hrs/wk

Alister Watt

Chief Product Officer/SVP

Board

$373K

40 hrs/wk

Michael Newman

Secretary/General Counsel

Board

$278K

40 hrs/wk

Pam Levenstone

Treasurer/CFO

Board

$276K

40 hrs/wk

David Elkins

Director

Board

2 hrs/wk

Nicole Forziati

Director

Board

2 hrs/wk

Gina Hardy

Director

Board

2 hrs/wk

J Smith Smitty Harrison Jr

Director

Board

2 hrs/wk

Jonathan Imhoff

Director

Board

2 hrs/wk

Katie Irey

Director

Board

2 hrs/wk

Chris Karacalidis

Director

Board

2 hrs/wk

Andrea Lindemeyer

Director

Board

2 hrs/wk

Patrick McCrink

Director

Board

2 hrs/wk

Erin Morris

Director

Board

2 hrs/wk

Eric Nelson

Director

Board

2 hrs/wk

Mohit Pande

Director

Board

2 hrs/wk

Jennifer Pintacuda

Director

Board

2 hrs/wk

Ben Potter

Director

Board

2 hrs/wk

Michael Quigley

Director

Board

2 hrs/wk

Jeff Schroeder

Director

Board

2 hrs/wk

Ryan Vigus

Director - Chair

Board

4 hrs/wk

Edmund Shallcross III

Director

Board

2 hrs/wk

Sarah Shine

Director

Board

2 hrs/wk

Michael Steinman

Director

Board

2 hrs/wk

Craig Tillman

Director

Board

2 hrs/wk

James Whamond

Director

Board

2 hrs/wk

Shariq Shafi

Director

Board

2 hrs/wk

Brad Lemons

Director - Vice Chair

Board

2 hrs/wk

Greg Pannhausen

Director - Vice Chair

Board

2 hrs/wk

General Bill Cooney

Chairman Emeritus

Board

2 hrs/wk

Allen Anderson

Director

Board

2 hrs/wk

Gavin Blair

Director

Board

2 hrs/wk

Patrick Causgrove

Director

Board

2 hrs/wk

Rockne Corbin

Director

Board

2 hrs/wk

Lucca Chin

Director

Board

2 hrs/wk

Will Downs

Director

Board

2 hrs/wk

Murray Morrison

Managing Director of Research

Staff

$270K

40 hrs/wk

Fred Malik

Managing Director of FORTIFIED

Staff

$261K

40 hrs/wk

Chuck Miccollis

Managing Director of Commercial Lines

Staff

$248K

40 hrs/wk

Christopher Flynn

General Manager, Research Center

Staff

$221K

40 hrs/wk

Connie Bryant Breedlove

Managing Director of Communications

Staff

$217K

40 hrs/wk

Independent contractors

Mr Automation LLC

Contracted Services

$611K

Neteffect Technologies

Contracted Services

$268K

Details

EIN232049143
NTEE codeM40
Subsection03
Ruling date1999-05
Formed1977
Employees100
Volunteers0
INSURANCE INSTITUTE FOR BUSINESS & HOME SAFETY — Mission, Financials & Grants Received | Grantivo