2023-11-14T14:30:08-06:00 2022-12-31 350921680 CROWE LLP 401 E LAS OLAS BLVD SUITE 1100 FORT LAUDERDALE FL 333014230 990 2022-01-01 363694409 RUBICON INSURANCE COMPANY RUBI 8474917696 2020 RIDGE AVENUE SUITE 240 EVANSTON IL 602084335 LUKE FIGORA CHIEF OPERATING OFFICER 8474917696 2023-11-08 1 LUKE FIGORA 999009999 0 BRITTNEY KOCAJ P01320603 9542028600 2023-11-08 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LUKE FIGORA 2020 RIDGE AVENUE EVANSTON IL 60208 7018411 0 X N/A X 1990 IL RUBICON PROVIDES PROFESSIONAL LIABILITY, EXECUTIVE, CYBER, PROPERTY, GENERAL, AND AUTOMOBILE LIABILITY INSURANCE TO NORTHWESTERN UNIVERSITY AND ITS TAX EXEMPT SUBSIDIARIES, TO ENSURE THE AVAILABILITY OF COVERAGE AND PROVIDE ACCESS TO REINSURANCE MARKETS. 4 0 0 0 0 0 0 0 1727260 1776352 2260031 2279607 0 0 3987291 4055959 0 0 0 0 0 0 0 0 0 6927002 7630962 6927002 7630962 -2939711 -3575003 37465176 31706962 16225559 18112027 21239617 13594935 RUBICON PROVIDES PROFESSIONAL LIABILITY, EXECUTIVE, CYBER, PROPERTY, GENERAL, AND AUTOMOBILE LIABILITY INSURANCE TO NORTHWESTERN UNIVERSITY AND ITS TAX ERXEMPT AFFILIATES, TO ENSURE THE AVAILABILITY OF COVERAGE AND PROVIDE ACCESS TO REINSURANCE MARKETS. 0 0 7517127 1776352 RUBICON PROVIDES PRIMARY GENERAL, PROFESSIONAL, AUTOMOBILE AND PHYSICAL DAMAGE,CYBER, PROPERTY, AND EDUCATOR'S LEGAL LIABILITY INSURANCE TO NORTHWESTERN UNIVERSITY AND ITS TAX EXEMPT AFFILIATES.RUBICON ALSO PROVIDES HIGH EXCESS GENERAL PROFESSIONAL,AUTOMOBILE,CYBER, AND EDUCATOR'S LEGAL LIABILITY INSURANCE ON AN INTEGRATED BASIS AND CEDES 100 PERCENT OF THE RISK UNDERTAKEN TO A COMMERCIAL REINSURANCE CARRIER.THE PURPOSE OF PLACING THESE RISKS OF NORTHWESTERN UNIVERSITY AND ITS TAX EXEMPT AFFILIATES WITH RUBICON IS TO REDUCE COSTS,ENSURE THE AVAILABILITY OF COVERAGE AND PROVIDE ACCESS TO REINSURANCE MARKETS. 7517127 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1 1 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 0 0 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X LUKE FIGORA 8474917696 2020 RIDGE AVENUE SUITE 240 EVANSTON IL 602084335 STEPHANIE GRAHAM DIRECTOR 1.00 40.00 X 0 897303 158164 CRAIG A JOHNSON DIRECTOR & PRESIDENT 1.00 40.00 X X 0 1111296 939947 AMANDA DISTEL TREASURER 1.00 40.00 X X 0 494823 48159 DANIEL DURACK DIRECTOR 1.00 40.00 X 0 327519 50239 0 2830941 1196509 0 0 1 0 0 INSURANCE PREMIUM 524298 1776352 1776352 1776352 1142059 1142059 4100000 2962452 1137548 1137548 1137548 4055959 1776352 0 2279607 26500 26500 59929 59929 LOSS & LOSS ADJUSTMENTS 7517127 7517127 RISK MANAGEMENT SYSTEMS 18762 18762 TAX & STATE FILING FEES 8644 8644 7630962 7517127 113835 0 25000 24775 3135873 3419852 506000 364643 32198303 26297692 1600000 1600000 37465176 31706962 527796 650224 15697763 17461803 16225559 18112027 X 1000000 1000000 9522000 9522000 10717617 3072935 21239617 13594935 37465176 31706962 -3575003 -4069679 0 X 0 1 X 1 0 X X 1 NORTHWESTERN UNIVERSITY 362167817 2 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 INVESTMENT IN NORTHWESTERN UNIVERSITY ENDOWMENT 26297692 F 26297692 LETTER OF CREDIT 1600000 1600000 INSURANCE RESERVES PAYABLE 17429391 DUE TO AFFILATE 32412 17461803 X 4055959 0 4055959 0 4055959 7630962 0 7630962 0 7630962 PART X, LINE 2: THE COMPANY HAS BEEN DEEMED TAX EXEMPT AS PRESCRIBED UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE COMPANY HAD NO UNRELATED BUSINESS INCOME TAX DURING 2022. THEREFORE, NO PROVISION FOR FEDERAL AND STATE INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE COMPANY IS NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS PRIOR TO 2018. 0 1 0 0 0 0 0 0 0 CRAIG A JOHNSON DIRECTOR & PRESIDENT 0 960936 0 150000 0 360 0 930500 0 9447 0 2051243 0 0 STEPHANIE GRAHAM DIRECTOR 0 796271 0 100000 0 1032 0 130500 0 27664 0 1055467 0 0 AMANDA DISTEL TREASURER 0 494823 0 0 0 0 0 30500 0 17659 0 542982 0 0 DANIEL DURACK DIRECTOR 0 327279 0 0 0 240 0 30195 0 20044 0 377758 0 0 PART I, LINE 4B THE FOLLOWING INDIVIDUALS HAD CONTRIBUTIONS TO A SUPPLEMENTAL NON QUALIFIED RETIREMENT PLAN OF A RELATED ORGANIZATION, NORTHWESTERN UNIVERSITY, DURING THE YEAR AS FOLLOWS: CRAIG JOHNSON $900,000 STEPHANIE GRAHAM $100,000 THESE AMOUNTS ARE INCLUDED IN THE REPORTED AMOUNTS ON SCHEDULE J PART II. SCHEDULE J PART 1 LINE 3 THE ORGANIZATION RELIED ON THE METHODS OF ESTABLISHING COMPENSATION FOR THE ORGANIZATION'S PRESIDENT EMPLOYED BY NORTHWESTERN UNIVERSITY (EIN: 36-2167817). NORTHWESTERN UNIVERSITY USES THE FOLLOWING METHODS TO ESTABLISH SUCH COMPENSATION: COMPENSATION COMMITTEE INDEPENDENT COMPENSATION CONSULTANT COMPENSATION SURVEY OR STUDY APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS A SINGLE MEMBER,NORTHWESTERN UNIVERSITY, WHICH IS THE SUPPORTED ORGANIZATION. THE MEMBER HAS THE POWER TO ELECT OR APPOINT THE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS A SINGLE MEMBER, NORTHWESTERN UNIVERSITY, WHICH IS THE SUPPORTED ORGANIZATION. THE MEMBER HAS THE POWER TO ELECT OR APPOINT THE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. AS SUCH LINE 8B IS NOT APPLICABLE HAS BEEN CHECKED NO IN ACCORDANCE WITH THE INSTRUCTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PROVIDED TO ALL MEMBERS OF THE GOVERING BODY FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMEBRS OF THE GOVERING BODY RECEIVE A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY WHERE THEY MUST DISCLOSE ANY CONFLICTS OF INTEREST. A DESIGNATED OFFICIAL OF NORTHWESTERN UNIVERSITY REVIEWS AND IDENTIFIES ANY CONFLICTS OF INTEREST DISCLOSED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE WEBSITE OF NORTHWESTERN UNIVERSITY (PARENT ORGANIZATION). THE GOVERING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 PART VI LINE 15 PROCESS TO ESTABLISH COMPENSATION THE COMPENSATION OF THE DIRECTORS AND OFFICERS ARE DETERMINED AND PAID BY A RELATED ORGANIZATION. AS SUCH LINES 15A AND 15B HAVE BEEN MARKED "NO" IN ACCORDANCE WITH THE INSTRUCTIONS TO THE FORM 990. NORTHWESTERN UNIVERSITY 633 CLARK STREET EVANSTON IL 60208 362167817 HIGHER EDUCATION IL 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 0