Cause IQ organization profile

Insurance Institute for Business & Home Safety

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Insurance Institute for Business & Home Safety is a biological research center based in Tampa, FL that was founded in 1977. As of 2019 they had $14 million in revenue and $42 million in assets.

The Institute for Business & Home Safety's mission is to reduce the social and economic effects of natural disasters and other property losses by conducting research and advocating improved construction, maintenance, and preparation practices.The Inst...

Previous legal names or variations of their name include: Institute For Business And Home Safety; and Ibhs.

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Program areas at Insurance Institute for Business & Home Safety

Research Center Projects: At the unique, world-class IBHS Research Center in South Carolina, IBHS conducts a variety of tests to examine the impact of wind, fire, hail and wind-driven water on both residential and commercial structures. The multi-faceted research approach includes: full-scale testing of one- and two-story test specimens; physical testing of individual structural components and building systems; and, evaluation of existing/potential test methods and metrics. Transparent, objective research methodologies are utilized. Research Center staff coordinates and leverages Institute resources through partnerships with manufacturers, trade groups and other scientists and research organizations. Total expense for this work is approximately $4.4 million annually; partnerships with public, private and academic organizations brought in $66,531 of revenue to the Research Center, all of which was utilized for research conducted in conjunction with that specific partnership.

FORTIFIED Programs: IBHS has developed and promulgated a set of science-based, hazard-specific building design, repair, and retrofitting standards for residential and commercial construction. Further development of individual standards is ongoing, and IBHS is in the midst of working to scale up our hurricane standard for new and existing site-built, manufactured and modular homes - while maintaining quality control over the standard and designation process. Total expense for this work in 2018 was confined to the IBHS annual budget in the form of personnel, IT, and travel costs. No revenue is generated by this work.

Form 990s for Insurance Institute for Business & Home Safety

Fiscal year endingDate received by IRSFormPDF link
2018-12Jun 19, 2019990View PDF
2017-12Jun 14, 2018990View PDF
2016-12Aug 9, 2017990View PDF
2015-12Aug 17, 2016990View PDF
2014-12Jun 18, 2015990View PDF
...and five more Form 990 PDFs

Financials for Insurance Institute for Business & Home Safety

Total grants, contributions, etc.$14,047,543
Program services$66,531
Investment income and dividends$178,734
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$19,803
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$802
Total revenues$14,313,413

Vendors for Insurance Institute for Business & Home Safety

VendorServicesAmount paidDate
WordPressContent management system software2019-04-29
███ ████ █ ████████ ████Tax accounting2019-03-14
████ ███████ ███Consulting$192,5002018-12-01
███ █████████ ██████ ███████████Tax accounting2014-08-22

Personnel at Insurance Institute for Business & Home Safety

NameTitleCompensationMost recent data
Roy WrightPresident and Chief Executive Officer$491,025May 17, 2019
Alister WattChief Product Officer$120,923Dec. 31, 2018
████ ██ ████Senior Vice President, Research and Chief Engineer$249,563Jan. 8, 2019
█████ ██████ ██████Vice President, Finance$189,267Jan. 8, 2019
█████ ██ ██████General Counsel and Senior Vice President, Public Policy$348,933Jan. 8, 2019
█████ █████████Vice President Commerical Lines Engineeri / Vice President , Commercial Lines$208,288Dec. 31, 2018
██████ ████████Vice President, Research$151,364Jan. 8, 2019
█████ █████ █████████Vice President of Research$152,047Dec. 31, 2018
█████ ███████████████Vice President, Research-Jan. 9, 2019
█████ ███████████████Vice President , Research-Feb. 1, 2018
...and 17 more key personnel

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25Humboldt State University Sponsored Programs Foundation501(c)(3)$28 millionArcata, CA