ASSOCIATION OF INSURANCE & REINS R… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

MARIANNE PETILLO

Phone

6318047361

Tax Period

2025-01-01 to 2025-12-31

ASSOCIATION OF INSURANCE & REINS RUN-OFF COS INC, founded in 2004, is a small nonprofit in the Community Improvement sector that reported $433K in total revenue in fiscal year 2025. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $384K left a modest 11% surplus.

Mission

AIRROC'S MISSION IS TO FOSTER A SUSTAINABLE LEGACY MARKET AND PROVIDE VALUE BY ENGAGING STAKEHOLDERS, SHARING KNOWLEDGE AND DEVELOPING LEADERS.

Program Service Accomplishments

Program 1

Expenses: $178,016

PAYROLL

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $429,750

Program Service Revenue $1,100

Investment Income $26,026

Other Revenue $-23,748

TOTAL REVENUE $433,128

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $194,196

Fundraising Expenses $0

Program Expenses $384,409

Other Expenses $162,564

TOTAL EXPENSES $384,409

Year-over-Year Comparison

	2025	2024	Change
Revenue	$433,128	$350,392	+0.2%
Expenses	$384,409	$373,175	+0.0%
Net Income	$48,719	$-22,783	-3.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

$105,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROLYN FAHEY	EXECUTIVE DI	40.00		$100,516	$0	$100,516
DAWN BALLIN	DIR & CHAIRM	2.00	Officer Director	$0	$0	$0
BETSY MITCHELL	DIR & CO-VIC	1.00	Director	$0	$0	$0
MARIANNE PETILLO	DIRECTOR & T	2.00	Director	$0	$0	$0
JUDY HARNADEK	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL LONEY	DIRECTOR	2.00	Director	$0	$0	$0
BRANDAN MCQUIGGAN	DIRECTOR	2.00	Director	$0	$0	$0
SALLY REDD	DIRECTOR	1.00	Director	$0	$0	$0
STEWART RICHMOND	DIRECTOR	2.00	Director	$0	$0	$0
KATRYN REYNOLDS	EXECTUIVE DI	40.00	Director	$105,000	$0	$105,000
STEVE GOATE	DIRECTOR	1.00	Director	$0	$0	$0
MEGAN MCHUGH	SECRETARY	2.00	Officer	$0	$0	$0
JAME NEWTON	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT ROMANO	GENERAL COUN	2.00	Officer	$0	$0	$0
ELENI IACOVIDES	DIRECTOR	1.00	Director	$0	$0	$0
STACIE ROLFINGSMIER	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE GUNDRAULT	DIRECTOR	1.00	Director	$0	$0	$0
ELEINE CAPRIO	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$433,128	$384,409	$596,352	$48,719
2024	No data	No data	No data	No data
2023	$357,133	$353,706	$607,901	$3,427
2022	$347,977	$336,978	$563,574	$10,999
2021	$334,661	$297,090	$569,950	$37,571
2020	$306,256	$282,427	$548,265	$23,829
2019	$307,436	$304,913	$501,798	$2,523
2018	$282,407	$292,242	$509,699	$-9,835

ASSOCIATION OF INSURANCE & REINS RUN-OFF COS INC