Association Of Bermuda Insurers And Reinsurers in Washington, District of Columbia (DC)

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Association Of Bermuda Insurers And Reinsurers
Employer Identification Number (EIN)980475219
Name of OrganizationAssociation Of Bermuda Insurers And Reinsurers
In Care of NameAbir
Address1445 New York Ave Nw 7th Floor, Washington, DC 20005-2134
SubsectionBusiness League
Ruling Date08/2006
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$399,013
Amount of Income$2,450,000
Form 990 Revenue Amount$2,450,000
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Promotion of Business


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Amount of income in 2013: $2,450,000 (it was $2,400,000 in 2012)
This organization: 

 $2,450,000
Other organizations performing similar types of work: 

 $88,861

Assets in 2013: $399,013 (it was $555,078 in 2012)
This organization: 

 $399,013
Other organizations performing similar types of work: 

 $51,691

Expenses in 2012: $2,396,029
This organization: 

 $2,396,029
Other organizations performing similar types of work: 

 $80,127

Income to expenses ratio in 2012: 1.0
Association Of Bermuda Insurers And Reinsurers: 

 1.0
Other organizations performing similar types of work: 

 0.8

Employees paid over $100,000 in 2012: 150.0%
This organization: 

 150.0%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2012: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 1.0%

Financial snapshot ($)

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$2,400,000
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$2,400,000
Statement of Functional Expenses (for 2012)
Total functional expenses$2,396,029
Compensation of current officers, directors, trustees, and key employees$626,637
Other salaries and wages$79,640
Payroll taxes$23,213
Professional fundraising services$35,293
Other$1,631,246
Balance Sheet (for 2012)
Total assets$555,078
Total liabilities$29,257
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$29,257
Total net assets or fund balances$525,821
Retained earnings, endowment, accumulated income, or other funds$525,821
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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2San Joaquin Valley Winegrowers Association7030 N Fruit Avenue, Fresno, CA 93711-0782CA2008-11$175,202
3441 Heritage Corridor Inc300 North Thomas Street, Athens, GA 30601GA2000-07$56,377
4Corporation For Travel Promotion1725 I St Nw Ste 800, Washington, DC 20006-2408DC2011-09$137,677,623
5National Association Of Real Estate Investment Trust Inc, Mackenzie Kilcawley1875 I St Nw Ste 600, Washington, DC 20006-5413DC2010-12$26,346,841
6Washington Dc Convention And Tourism Corporation901 7th St Nw Fl 4, Washington, DC 20001-4852DC1977-07$17,433,038
7Women In Cable Telecommunications2000 K St Nw Ste 350, Washington, DC 20006-1889DC2010-07$12,632,533
8Advanced Energy Economy Inc1000 Vermont Ave Nw Fl 3, Washington, DC 20005-4914DC2012-10$11,375,177
9Center For Responsible Enterprise And Trade1201 Pennsylvania Ave Nw, Washington, DC 20004-2401DC2012-02$6,750,000
10Safety Net Hospitals For Pharmaceutical Access1101 15th St Nw Ste 910, Washington, DC 20005-5001DC2007-08$6,058,170
11Partnership To Protect Consumer Credit1129 20th St Nw Ste 300, Washington, DC 20036-3483DC2009-07$5,951,461
12American Wood Council1101 K St Nw No 700, Washington, DC 20005-4210DC2011-01$5,852,359
13Council For Biotechnology Information1201 Maryland Avenue Sw No 900, Washington, DC 20024-6129DC2009-06$5,393,061
14Vinyl Siding Institute Inc1201 15th St Nw Ste 220, Washington, DC 20005-2899DC2005-03$3,524,838
15Wood Products Council1101 K Street Nw No 700, Washington, DC 20005-4210DC2011-10$3,150,961
16Center For Copyright Information Inc1025 F St Nw Fl 9, Washington, DC 20004-1431DC2014-01$2,946,710
17Application Developers Alliance1025 F St Nw Ste 720, Washington, DC 20004-1483DC2013-11$2,946,138
18Association Of Oil Pipe Lines1808 Eye St Nw Ste 300, Washington, DC 20006-5423DC2009-10$2,923,978
19Business Forward Inc1717 Rhode Island Ave Nw Ste 660, Washington, DC 20036-3033DC2010-08$2,080,408
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Number of organizations performing similar types of work
Alaska94
Alabama235
Arkansas185
Arizona346
California1,926
Colorado437
Connecticut191
District of Columbia411
Delaware63
Florida987
Georgia500
Hawaii127
Iowa226
Idaho137
Illinois781
Indiana331
Kansas211
Kentucky222
Louisiana232
Massachusetts358
Maryland360
Maine108
Michigan504
Minnesota341
Missouri377
Mississippi119
Montana114
North Carolina452
North Dakota65
Nebraska146
New Hampshire92
New Jersey401
New Mexico156
Nevada171
New York967
Ohio640
Oklahoma208
Oregon366
Pennsylvania679
Rhode Island73
South Carolina192
South Dakota91
Tennessee282
Texas1,208
Utah166
Virginia613
Vermont69
Washington451
Wisconsin359
West Virginia109
Wyoming44
International34
Total17,957

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