Overview
What is Insurance Institute For Business & Home Safety?
The Insurance Institute for Business & Home Safety (IBHS) is a nonprofit research organization based in South Carolina. Housed at the IBHS Research Center, they carry out comprehensive testing on residential and commercial structures to assess their resilience against natural hazards, such as wind, fire, hail, and wind-driven water. Through full-scale testing of structures, examination of individual components and systems, and evaluation of test methods, IBHS employs transparent, science-driven research to strengthen homes and businesses against various causes of loss. With a mission to protect communities, they collaborate with various partners, including manufacturers, trade groups, and research organizations, to promote effective actions in mitigating the impact of natural hazards. Their dedicated team of 92 employees is committed to objective, scientific research in the pursuit of a safer built environment.
Official website here: www.disastersafety.org
Is Insurance Institute For Business & Home Safety legitimate?
Insurance Institute For Business & Home Safety is a legitimate nonprofit organization registered as a 501(c)(3) entity. Insurance Institute For Business & Home Safety submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $3,561,705
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,323,603
For more financial information, click here
Official website here: www.disastersafety.org
What is the mission statement of Insurance Institute For Business & Home Safety?
The Insurance Institute for Business and Home Safety is dedicated to conducting research to help safeguard homes and businesses from various sources of damage. Its mission is to carry out objective, scientific studies to identify, assess, and advocate for effective measures that strengthen structures against natural hazards and other types of loss. At its state-of-the-art research center, the Institute conducts a range of tests, including full-scale experiments on residential and commercial structures, physical assessments of individual components, and evaluations of potential testing methods. By employing transparent research methods and forming partnerships with various organizations, the Institute aims to promote actions that enhance the resilience of homes, businesses, and communities.
Official website here: www.disastersafety.org
Who is the CEO of Insurance Institute For Business & Home Safety?
Roy Wright is the President/Ceo of Insurance Institute For Business & Home Safety. The CEO's salary of Insurance Institute For Business & Home Safety is $698,507 and their total compensation is $868,375.
Official website here: www.disastersafety.org
What is the revenue of Insurance Institute For Business & Home Safety?
Insurance Institute For Business & Home Safety's revenue in 2022 was $23,871,382.
Official website here: www.disastersafety.org
Who are the executives of Insurance Institute For Business & Home Safety and what are their salaries?
The average compensation at Insurance Institute For Business & Home Safety during 2022 was $107,449. There are 92 employees at Insurance Institute For Business & Home Safety.
Here are 39 key members and their salaries (Insurance Institute For Business & Home Safety's CEO's salary is $698,507 and their total compensation is $868,375):
- Roy Wright (President/Ceo)
- Debra Ballen (Former Chief Risk Officer/Svp)
- Anne Cope (Chief Engineer/Svp)
- Alister Watt (Chief Product Officer/Svp)
- Fred Malik (Managing Director Of Fortified)
- Chuck Miccollis (Managing Director Of Commercial Lines)
- Murray Morrison (Managing Director Of Research)
- Christopher Flynn (General Manager, Research Center)
- Michael Newman (Secretary/General Counsel)
- Connie Bryant Breedlove (Managing Director Of Communications)
- Susan Baxter Gibson (Former Treasurer And Managing Dir Corp Operations)
- Pam Levenstone (Chief Financial Officer/Treasurer)
- Randall Poole (Director - Chair)
- Peggy Echols (Director - Vice Chair)
- General Bill Cooney (Chairman Emeritus) [Trustee/Director]
- Allen Anderson (Director)
- Gavin Blair (Director)
- Patrick Causgrove (Director)
- Rockne Corbin (Director)
- Robert Dimuccio (Director)
- Debra Dunn (Director)
- J Smith Smitty Harrison Jr (Director)
- Victor Joseph (Director)
- Brad Lemons (Director)
- Andrea Lindemeyer (Director)
- Patrick Mccrink (Director)
- Eric Nelson (Director)
- Mohit Pande (Director)
- Greg Pannhausen (Director)
- Michael Quigley (Director)
- Lesley Reeter (Director)
- Katie Shook (Director)
- Douglas Smith (Director)
- Bryon Snethen (Director)
- Michael Steinman (Director)
- Craig Tillman (Director)
- Ryan Vigus (Director)
- James Whamond (Director)
- Jennifer Wiedrick (Director)
Official website here: www.disastersafety.org
Where can I find the form 990 for Insurance Institute For Business & Home Safety?
The Insurance Institute For Business & Home Safety’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.disastersafety.org
Learn more at the official website: www.disastersafety.org
Mission Statement of Insurance Institute For Business & Home Safety
The Insurance Institute for Business and Home Safety (IBHS) is a research organization dedicated to fortifying homes and businesses against various sources of damage. Their mission is to carry out unbiased, scientific investigations to identify and promote effective measures that can strengthen structures against natural hazards and other causes of loss.
At the cutting-edge IBHS Research Center in South Carolina, IBHS executes a diverse range of tests to assess the influence of wind, fire, hail, and wind-driven rain on both residential and commercial structures. This research methodology encompasses full-scale testing of one- and two-story structures, physical evaluation of individual structural components and building systems, and the exploration of existing or prospective test methods and metrics. Transparent, objective research techniques are employed throughout the process. IBHS collaborates with manufacturers, trade associations, scientists, and other research institutions to coordinate and maximize the impact of their resources.
Impact
This information is meant to be a general summary of Insurance Institute For Business & Home Safety. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Insurance Institute for Business & Home Safety conducts research to help protect homes and businesses against various causes of loss. Through its world-class Research Center in South Carolina, the organization conducts tests to examine the impact of wind, fire, hail, and wind-driven water on both residential and commercial structures. The research includes full-scale testing, physical testing of structural components, and evaluation of test methods and metrics. By utilizing transparent and objective research methodologies, IBHS identifies, evaluates, and promotes effective actions to strengthen homes, businesses, and communities against natural hazards and other causes of loss.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FORTIFIED Programs
Revenue
$582,191
Research Center Projects Contract
Revenue
$77,694
Organization Details
Founding Year
1977
Phone
(803) 723-3600
Principal Officer
Roy Wright
Main Address
5335 Richburg Road, Richburg, SC, 29729
Website
www.disastersafety.org
NTEE Category
Code: M40 - Public safety
If you are a representative of Insurance Institute For Business & Home Safety and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.