Civic Intelligence

Society of Insurance Research

EIN 31-0807523 • 501(c)6 • Minneapolis, MN

Profile

Member Services

4248 Park Glen RoadMinneapolis, MN 55416

sirnet.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

68th percentile

0.17x

Higher debt load relative to assets than 68% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

0.40x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

45th percentile

2.1%

Higher net margin than 45% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Asset Growth

51st percentile

4.4%

Faster asset growth than 51% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

73rd percentile

17%

Faster revenue growth than 73% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$723,956

Up $30,413 (+4.4%) from 2023

Liabilities

Up

$124,570

Up $23,753 (+24%) from 2023

Net Assets

Up

$599,386

Up $6,660 (+1.1%) from 2023

Revenue

Up

$311,211

Up $44,220 (+17%) from 2023

Expenses

Up

$304,551

Up $49,173 (+19%) from 2023

Net Income

Down

$6,660

Down $4,953 (-43%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2015: $240,283Liabilities 2015: $45,093Net Assets 2015: $195,1902015Assets 2016: $295,680Liabilities 2016: $45,655Net Assets 2016: $250,0252016Assets 2017: $389,586Liabilities 2017: $36,949Net Assets 2017: $352,6372017Assets 2018: $483,837Liabilities 2018: $55,011Net Assets 2018: $428,8262018Assets 2019: $506,066Liabilities 2019: $33,884Net Assets 2019: $472,1822019Assets 2020: $537,740Liabilities 2020: $56,567Net Assets 2020: $481,1732020Assets 2021: $622,560Liabilities 2021: $69,106Net Assets 2021: $553,4542021Assets 2022: $631,737Liabilities 2022: $50,624Net Assets 2022: $581,1132022Assets 2023: $693,543Liabilities 2023: $100,817Net Assets 2023: $592,7262023Assets 2024: $723,956Liabilities 2024: $124,570Net Assets 2024: $599,3862024

Highlighted filing

2024

Assets$723,956
Liabilities$124,570
Net Assets$599,386

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0Revenue 2015: $300,644Expenses 2015: $281,330Net Income 2015: $19,3142015Revenue 2016: $265,603Expenses 2016: $190,468Net Income 2016: $75,1352016Revenue 2017: $274,146Expenses 2017: $177,896Net Income 2017: $96,2502017Revenue 2018: $274,129Expenses 2018: $197,940Net Income 2018: $76,1892018Revenue 2019: $295,660Expenses 2019: $252,304Net Income 2019: $43,3562019Revenue 2020: $203,936Expenses 2020: $194,944Net Income 2020: $8,9922020Revenue 2021: $258,076Expenses 2021: $185,796Net Income 2021: $72,2802021Revenue 2022: $292,320Expenses 2022: $264,659Net Income 2022: $27,6612022Revenue 2023: $266,991Expenses 2023: $255,378Net Income 2023: $11,6132023Revenue 2024: $311,211Expenses 2024: $304,551Net Income 2024: $6,6602024

Highlighted filing

2024

Revenue$311,211
Expenses$304,551
Net Income$6,660

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 17, 2025
Return Version
2024v5.2
Gross Receipts
$311,211
Mission and Program Overview

Mission

MEMBER SERVICES

Build the profession of insurance research.foster the exchange of ideas among society members.sponsor, conduct or participate in research & educational activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$431,513$441,530▲ $10,017
Cash and Non-Interest-Bearing Accounts$240,373$272,738▲ $32,365
Prepaid Expenses and Deferred Charges$15,888$9,688▼ $6,200
Accounts Receivable$5,769$0▼ $5,769
Total Assets$693,543$723,956▲ $30,413
Liabilities
Accounts Payable and Accrued Expenses$53,440$72,845▲ $19,405
Deferred Revenue$47,377$51,725▲ $4,348
Total Liabilities$100,817$124,570▲ $23,753
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$592,726$599,386▲ $6,660
Total Net Assets Fund Balance$592,726$599,386▲ $6,660
Total Liabilities and Net Assets / Fund Balance$693,543$723,956▲ $30,413
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike MyersPast President
Amelia FitchPresident
Vickie KilgoreContinuing Director
Austin TuckerDirector
Laura GlaserDirector
Lorrin RondeauDirector
Neelam PahariaDirector
Richard SkybaSecretary
Boris ShoykhetTreasurer
Jennifer ChaseVP-annual Conference
Theo FieldingVP-diversity & Inclusion
Eryn CampbellVP-education & Educational
Sarah YuskewichVP-marketing
Martin EllingsworthVP-membership
Justin SuterVP-research
Patrick SturgeonVP-strategy
Waverly WeinbergVP-workshop
Revenue and Support

Revenue Composition

Contributions and Grants
$130,845
Program Service Revenue
$170,289
Investment Income
$10,077
Other Revenue
$0
Change in Net Assets
$6,660
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$304,551
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$120,939
Fees for Services Management---$118,912
Information Technology---$10,899
Advertising---$7,961
Fees for Services Other---$5,000
Insurance---$4,694
Fees for Services Accounting---$1,980
Other Expenses---$688
Office Expenses---$288
All Other Expenses---$284
Total Functional Expenses$0$0$0$304,551
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Officers will review the 990 before it gets filed, any necessary changes will then be updated on the form. Then it will be signed by the treasurer.

Form 990, Part VI, Section C, Line 18

The organization provides a copy of the 990 upon request.

Form 990, Part VI, Section C, Line 19

The society makes all documents available for public inspection upon request.

Filing and Contact Details

Filer

Filer Name
Society of Insurance Research
EIN
31-0807523
Phone
9529284641
Address
4248 PARK GLEN ROAD, MINNEAPOLIS, MN 55416

Signing Officer

Name
Megan Dobberstein
Title
Executive Director
Phone
9529284641
Signed
2025-09-17

Organization Details

Principal Officer
Megan Dobberstein
Formed
1975
Legal Domicile
Mn
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
40

Preparer

Firm
Smith Schafer & Associates Ltd
Address
7500 HIGHWAY 55 SUITE 350, MINNEAPOLIS, MN 55427
Preparer
Adam Kellerhals
Phone
9529201455
Raw XML Appendix390 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ReconcilationRevenueExpnssAmt06660
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0147095
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0431513
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0441530
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OFFICERS WILL REVIEW THE 990 BEFORE IT GETS FILED, ANY NECESSARY CHANGES WILL THEN BE UPDATED ON THE FORM. THEN IT WILL BE SIGNED BY THE TREASURER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION PROVIDES A COPY OF THE 990 UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SOCIETY MAKES ALL DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0693543
IRS990/TotalAssetsEOYAmt0723956
IRS990/TotalAssetsGrp/BOYAmt0693543
IRS990/TotalAssetsGrp/EOYAmt0723956
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0130845
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0304551
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0100817
IRS990/TotalLiabilitiesEOYAmt0124570
IRS990/TotalLiabilitiesGrp/BOYAmt0100817
IRS990/TotalLiabilitiesGrp/EOYAmt0124570
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0592726
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0599386
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0120939
IRS990/TotalProgramServiceRevenueAmt0170289
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt010077
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0170289
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0311211
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt040
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0693543
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0723956
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04248 PARK GLEN ROAD
IRS990/USAddress/CityNm0MINNEAPOLIS
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055416
IRS990/VotingMembersGoverningBodyCnt017
IRS990/VotingMembersIndependentCnt017
IRS990/WebsiteAddressTxt0SIRNET.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MEGAN DOBBERSTEIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09529284641
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOCIETY OF INSURANCE RESEARCH
ReturnHeader/Filer/BusinessNameControlTxt0SOCI
ReturnHeader/Filer/EIN0310807523
ReturnHeader/Filer/PhoneNum09529284641
ReturnHeader/Filer/USAddress/AddressLine1Txt04248 PARK GLEN ROAD
ReturnHeader/Filer/USAddress/CityNm0MINNEAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055416
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411489071
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SMITH SCHAFER & ASSOCIATES LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07500 HIGHWAY 55 SUITE 350
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MINNEAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055427
ReturnHeader/PreparerPersonGrp/PhoneNum09529201455
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ADAM KELLERHALS
ReturnHeader/ReturnTs02025-09-24T08:30:32-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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