2025-11-13T13:43:31-06:00 2024-12-31 521711839 COUNCILOR BUCHANAN & MITCHELL PC 7910 WOODMONT AVE STE 500 BETHESDA MD 20814 990 2024-01-01 530246204 INSURANCE INSTITUTE FOR HIGHWAY SAFETY INSU 7032471500 4121 WILSON BOULEVARD 6TH FLOOR ARLINGTON VA 22203 MICHAEL FAGIN SECRETARY/TREASURER 7032471500 2025-11-12 1 1 JOSEPH J BARRECA P00310073 3019860600 2025-11-12 2024 2025-03-06 01:10:19Z MICHAEL FAGIN 4121 WILSON BOULEVARD 6TH FLOOR ARLINGTON VA 22203 44719019 0 X WWW.IIHS.ORG X 1959 DC SEE SCHEDULE OTHE INSURANCE INSTITUTE FOR HIGHWAY SAFETY IS AN INDEPENDENT, NONPROFIT, SCIENTIFIC AND EDUCATIONAL ORGANIZATION. IT IDENTIFIES AND EVALUATES WAYS TO REDUCE THE HUMAN AND ECONOMIC LOSSES RESULTING FROM MOTOR VEHICLE CRASHES AND COMMUNICATES THE RESULTS OF THAT RESEARCH TO THE PUBLIC, FEDERAL, STATE, AND LOCAL HIGHWAY AND VEHICLE SAFETY OFFICIALS, VEHICLE MANUFACTURERS, INSURERS, THE MEDIA, THE RESEARCH COMMUNITY AND OTHERS. 29 28 101 28 0 0 0 0 33340540 34048654 2973779 317893 15261 29831 36329580 34396378 0 0 0 0 14998355 15867171 0 0 0 19124448 18563566 34122803 34430737 2206777 -34359 63981673 65034654 15532709 14952871 48448964 50081783 X THE INSURANCE INSTITUTE FOR HIGHWAY SAFETY IS AN INDEPENDENT, NONPROFIT, SCIENTIFIC AND EDUCATIONAL ORGANIZATION. IT IDENTIFIES AND EVALUATES WAYS TO REDUCE THE HUMAN AND ECONOMIC LOSSES RESULTING FROM MOTOR VEHICLE CRASHES AND COMMUNICATES THE RESULTS OF THAT RESEARCH TO THE PUBLIC, FEDERAL, STATE, AND LOCAL HIGHWAY AND VEHICLE SAFETY OFFICIALS, VEHICLE MANUFACTURERS, INSURERS, THE MEDIA, THE RESEARCH COMMUNITY AND OTHERS. 0 0 15654465 0 4735173 VEHICLE RESEARCH CENTER PROJECTS: ENGINEERING AND OTHER RESOURCE SUPPORT FOR VEHICLE RELATED RESEARCH PROJECTS AND VEHICLE CRASH TESTING TO EVALUATE THE ABILITY OF VEHICLES TO PROTECT THEIR OCCUPANTS IN FRONT, SIDE, REAR, AND ROLLOVER CRASHES. THE LATEST PROJECTS INCLUDE THE EVALUATION OF ELECTRONIC SYSTEMS DESIGNED TO ENHANCE VEHICLE CRASH AVOIDANCE CAPABILITIES. 5043555 0 0 HIGHWAY LOSS DATA INSTITUTE (HLDI): HLDI IS A TAX-EXEMPT RESEARCH AND EDUCATIONAL ORGANIZATION. HLDI PERFORMS SCIENTIFIC STUDIES OF INSURANCE CLAIMS DATA ON MOTOR VEHICLE LOSSES AND PUBLISHES INSURANCE LOSS RESULTS BY VEHICLE MAKE AND MODEL. 5026091 0 0 COMMUNICATIONS PROJECTS: PROJECTS UNDERTAKEN TO DISSEMINATE INFORMATION TO THE PUBLIC CONCERNING MOTOR VEHICLES AND HIGHWAY RESEARCH DONE BY THE INSTITUTE AND BY OTHER ORGANIZATIONS INVOLVED IN MOTOR VEHICLE AND HIGHWAY SAFETY. THE INSTITUTE'S PUBLIC WEBSITE PROVIDES INFORMATION ON THE INSTITUTE'S RESEARCH AND ON THE INSTITUTE'S CRASH TESTING TO EVALUATE THE CRASHWORTHINESS OF VEHICLES, AS WELL AS ON NEW RESEARCH PERFORMED ON VEHICLE BASED CRASH AVOIDANCE SYSTEMS. 4529169 0 0 RESEARCH PROJECTS: PROJECTS UNDERTAKEN TO IDENTIFY AND EVALUATE METHODS OF REDUCING THE PERSONAL INJURIES AND PROPERTY DAMAGE RESULTING FROM THE USE OF MOTOR VEHICLES. RESEARCH INCLUDES THE HUMAN FACTORS ASSOCIATED WITH TEENAGE DRIVERS, ALCOHOL-IMPAIRED DRIVING, TRUCK DRIVER FATIGUE, SEAT BELT USE, AND OTHER AREAS. RESEARCH ABOUT THE PHYSICAL ENVIRONMENT INCLUDES, FOR EXAMPLE, ASSESSMENT OF ROADWAY DESIGNS TO REDUCE RUN-OFF-THE-ROAD CRASHES, AND TO ELIMINATE ROADSIDE HAZARDS. 4529169 0 0 30253280 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 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 48 0 1 101 1 0 0 0 0 0 0 0 0 0 0 X 29 28 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X MICHAEL FAGIN 7032471500 4121 WILSON BOULEVARD 6TH FLOOR ARLINGTON VA 22203 BILL WESTRATE CHAIRMAN 1.00 X 0 0 0 GINGER PURGATORIO CHARIMAN-ELECT 0.60 X 0 0 0 HOLLY RESTON DIRECTOR 0.30 X 0 0 0 BRIAN DEEPHOUSE DIRECTOR 0.30 X 0 0 0 CHRIS MALONE DIRECTOR 0.30 X 0 0 0 STAN MCNAUGHTON DIRECTOR 0.30 X 0 0 0 NEIL ALLDREDGE DIRECTOR 0.30 X 0 0 0 ALLEN ANDERSON DIRECTOR 0.30 X 0 0 0 STEVEN BERG DIRECTOR 0.30 X 0 0 0 CODY COOK DIRECTOR 0.30 X 0 0 0 YUE FAN DIRECTOR 0.30 X 0 0 0 MEGHAN FRIESEN DIRECTOR 0.30 X 0 0 0 DANIEL HALSEY DIRECTOR 0.30 X 0 0 0 JEFF HAY DIRECTOR 0.30 X 0 0 0 BRIANNE JONES DIRECTOR 0.30 X 0 0 0 TRACEY LAWS DIRECTOR 0.30 X 0 0 0 GUILLERMO LEIVA DIRECTOR 0.30 0.30 X 0 0 0 ROBERT LYON DIRECTOR 0.30 X 0 0 0 MICHAEL MOORE DIRECTOR 0.30 X 0 0 0 TED MURPHY DIRECTOR 0.30 X 0 0 0 TIMOTHY NEE DIRECTOR 0.30 X 0 0 0 TIFFANY RYAN DIRECTOR 0.30 X 0 0 0 DAVID SAMPSON DIRECTOR 0.30 X 0 0 0 MICHELLE SANTOS DIRECTOR 0.30 0.30 X 0 0 0 MARK STINSON DIRECTOR 0.30 X 0 0 0 TODD WALKER DIRECTOR 0.30 0.30 X 0 0 0 DREW WOODS DIRECTOR 0.30 X 0 0 0 STEFANIE ZACCHERA DIRECTOR 0.30 0.30 X 0 0 0 DAVID HARKEY PRESIDENT 36.00 9.00 X X 844411 196250 89522 MICHAEL FAGIN SECRETARY/TREASURER 36.00 9.00 X 248437 62917 34270 JOSEPH NOLAN SR. V.P. - VRC & CHIEF ADM 36.00 9.00 X 251681 63360 43685 RUSSELL RADER SR. VICE PRES 45.00 X 313913 0 39645 DAVID ZUBY EXECUTIVE V.P. - VRC & CHI 36.00 9.00 X 237489 59296 44038 MATTHEW MOORE SR. VICE PRESIDENT 9.00 36.00 X 67784 263581 69442 CHARLES FARMER DIR STATISTICAL SERV 35.00 X 255483 0 46629 PINI KALNITE DIR FILM & MEDIA SER 35.00 X 250804 0 57002 MICHAEL POWELL DIRECTOR OF IT 35.00 X 204112 0 61022 JESSICA CICCHINO VP, RESEARCH 35.00 X 256796 0 40536 JESSICA JERMAKIAN SR. RESEARCH ENGINEER 35.00 X 226802 0 37267 3157712 645404 563058 49 0 1 0 0 ASSESSMENTS 900099 29313481 29313481 TEST VEHICLE REIMBURSEMENTS 900099 3215266 3215266 TEST VEHICLE SALVAGE AND AUCTION 900099 1209907 1209907 HEADLIGHT TEST REIMBURSEMENTS 900099 310000 310000 34048654 852571 852571 9787963 10322641 -534678 -534678 -534678 GAIN ON DISPOSITION OF PROPERTY 900099 15576 15576 MISCELLANEOUS 900099 14255 14255 29831 34396378 34078485 0 317893 2186350 1953879 232471 10216398 8091446 2124952 1013387 805056 208331 1636968 1244609 392359 814068 658090 155978 32704 2992 29712 94478 47239 47239 795032 729633 65399 507312 253656 253656 641118 364774 276344 354292 269100 85192 156261 156261 2135687 2121390 14297 264584 211063 53521 VEHICLE RESEARCH CENTER 6114805 6114805 HIGHWAY LOSS DATA INST 5043555 5043555 RESEARCH PROJECTS 1123225 1123225 COMMUNICATIONS PROJECTS 749801 749801 550712 468967 81745 34430737 30253280 4177457 0 4029006 4188308 42014 118464 729483 691495 55513355 29651191 27114116 25862164 26565349 29004649 5501705 5169574 63981673 65034654 374812 463006 3565519 3348008 11592378 11141857 15532709 14952871 X 48448964 50081783 48448964 50081783 63981673 65034654 X -34359 2127668 -460490 X X 0 1 X 1 0 X 25332255 26553970 27908725 29721142 29313481 138829573 1801406 3678232 4133035 3619398 4735173 17967244 27133661 30232202 32041760 33340540 34048654 156796817 0 0 0 156796817 535552 686268 708160 734013 852571 3516564 535552 686268 708160 734013 852571 3516564 133319 -1200 66551 15261 29831 243762 27802532 30917270 32816471 34089814 34931056 160557143 0.97660 0.97750 0.02190 0.02060 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: FILMS AND PUBLICATIONS - 2020 AMOUNT: $ 69. MISCELLANEOUS - 2020 AMOUNT: $ 133,250. 2021 AMOUNT: $ 10,253. 2022 AMOUNT: $ 66,551. 2023 AMOUNT: $ 22,294. 2024 AMOUNT: $ 14,255. GAIN LOSS ON DISPOSITION OF PROPERTY - 2021 AMOUNT: $ -11,453. 2023 AMOUNT: $ -7,033. 2024 AMOUNT: $ 15,576. 2003388 825000 274003 2554385 2342601 825000 1164213 2003388 1605475 825000 87874 2342601 1012521 825000 232046 1605475 951861 825000 764340 1012521 1.00000 0 0 446659 446659 52873803 28382492 24491311 1582540 755303 827237 610353 513396 96957 25862164 ACCRUED INTEREST RECEIVABLE 13815 TEST VEHICLES 2085106 DUE FROM HIGHWAY LOSS DATA INSTITUTE 77018 DEPOSITS 54852 OPERATING RIGHT-OF-USE ASSET 2938783 5169574 ACCRUED VACATION 564783 ACCRUED HEALTH CLAIMS 2709271 POSTRETIREMENT LIABILITIES 3548677 OPERATING LEASE LIABILITY 4319126 11141857 X 36524046 2127668 2127668 34396378 0 34396378 34430737 0 34430737 0 34430737 PART V, LINE 4: THE BOARD OF DIRECTORS HAS DESIGNATED FUNDS FOR FUTURE REPLACEMENT OF LEASEHOLD IMPROVEMENTS, EQUIPMENT, AND MOTOR VEHICLES. PART X, LINE 2: THE INSTITUTE IS EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) FROM THE PAYMENT OF TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. NO PROVISION FOR INCOME TAX IS REQUIRED FOR THE YEARS ENDED DECEMBER 31, 2024 OR 2023, AS THE INSTITUTE HAD NO NET UNRELATED BUSINESS INCOME. THE INSTITUTE REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE-LIKELY-THAN-NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE INSTITUTE DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE, OR REFLECT, ANY UNCERTAIN TAX POSITIONS. THE INSTITUTE'S IRS FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, IS SUBJECT TO EXAMINATION BY TAXING AUTHORITIES GENERALLY FOR THREE YEARS AFTER FILING. X 1 1 X X X X 0 1 0 0 0 0 0 0 0 DAVID HARKEY PRESIDENT 633134 157000 157000 39250 54277 0 62800 15700 8787 2235 915998 214185 0 0 MATTHEW MOORE SR. VICE PRESIDENT 62763 242768 5021 20084 0 729 6276 25105 5772 32289 79832 320975 0 0 JOSEPH NOLAN SR. V.P. - VRC & CHIEF ADM 231653 58667 18774 4693 1254 0 23467 5867 12252 2099 287400 71326 0 0 RUSSELL RADER SR. VICE PRES 292928 0 19060 0 1925 0 29323 0 10322 0 353558 0 0 0 MICHAEL FAGIN SECRETARY/TREASURER 230587 58527 17558 4390 292 0 23411 5853 4869 137 276717 68907 0 0 DAVID ZUBY EXECUTIVE V.P. - VRC & CHI 219051 55296 16000 4000 2438 0 22118 5530 13238 3152 272845 67978 0 0 PINI KALNITE DIR FILM & MEDIA SER 235161 0 10897 0 4746 0 24216 0 32786 0 307806 0 0 0 CHARLES FARMER DIR STATISTICAL SERV 243837 0 8644 0 3002 0 24698 0 21931 0 302112 0 0 0 JESSICA CICCHINO VP, RESEARCH 242810 0 13750 0 236 0 24623 0 15913 0 297332 0 0 0 MICHAEL POWELL DIRECTOR OF IT 193834 0 9478 0 800 0 20492 0 40530 0 265134 0 0 0 JESSICA JERMAKIAN SR. RESEARCH ENGINEER 215497 0 11000 0 305 0 21925 0 15342 0 264069 0 0 0 PART I, LINE 4B INSURANCE INSTITUTE FOR HIGHWAY SAFETY MAINTAINS TWO NON-QUALIFIED DEFERRED COMPENSATION PLANS. FOR 2024 THE INSURANCE INSTITUTE FOR HIGHWAY SAFETY CONTRIBUTED $44,000 FOR DAVID HARKEY. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS DOES NOT REVIEW THE FORM 990. HOWEVER, THEY DO APPROVE THE AUDITED FINANCIAL STATEMENTS. THE TREASURER REVIEWED THE FORM 990 BEFORE IT WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE INSTITUTE HAS A WRITTEN CONFLICT OF INTEREST POLICY FOR ITS EMPLOYEES AND THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS COMPLETED AN ANNUAL SURVEY THAT MONITORED AND ENFORCED COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY AND IDENTIFIED ANY FAMILY AND BUSINESS RELATIONSHIPS. FORM 990, PART VI, SECTION B, LINE 15 UNDER THE INSTITUTE'S BYLAWS, THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO SET COMPENSATION FOR OFFICERS OF THE INSTITUTE. THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS MET IN DECEMBER 2023 TO REVIEW THE OFFICER'S COMPENSATION FOR CALENDAR YEAR 2024. THE COMMITTEE REVIEWED EACH OFFICER'S PERFORMANCE, COMPENSATION HISTORY AND COMPARABILITY DATA ON OFFICER COMPENSATION REPORTED ON FORM 990 FOR SEVERAL NON-PROFIT ORGANIZATIONS THAT HAVE COMMUNICATIONS AND RESEARCH RESPONSIBILITIES SIMILAR TO THE INSTITUTE AND ON MOTOR VEHICLE RELATED ORGANIZATIONS THAT WORK ON HIGHWAY AND VEHICLE SAFETY ISSUES. IN ADDITION, THE COMMITTEE MEMBERS DREW UPON THEIR KNOWLEDGE OF COMPENSATION WITHIN THEIR OWN COMPANIES, THE INSURANCE INDUSTRY IN GENERAL AND NATIONAL TRENDS IN COMPENSATION. THE DECISION ON COMPENSATION WAS MADE SOLELY BY THE COMMITTEE, WHICH CONSISTS OF INDIVIDUALS THAT ARE NOT SUBJECT TO THE CONTROL OF THE INSTITUTE'S OFFICERS. FORM 990, PART VI, SECTION C, LINE 18 THE INSTITUTE'S FORM 990 IS AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE INSTITUTE'S DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: POSTRETIREMENT BENEFIT PLAN ACTUARIAL LOSS NOT YET RECOGNIZED -460,490. HIGHWAY LOSS DATA INSTITUTE 4121 WILSON BLVD 6TH FLOOR ARLINGTON VA 22203 520964200 PERFORMS SCIENTIFIC STUDIES OF INSURANCE CLAIMS DATA AND PUBLISHES FINDINGS. DC 501(C)(3) 509(A)(2) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0