Nonprofit · EIN 04-2104331
INSURANCE LIBRARY ASSOCIATION
Tax-exempt · BOSTON, MA 02109
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $787,489 | $701,827 | $85,662 | $2,636,441 | $106,944 | $2,529,497 |
| June 30, 2024 | 990 | $645,323 | $623,349 | $21,974 | $2,417,635 | $114,591 | $2,303,044 |
| June 30, 2023 | 990 | $612,995 | $690,901 | -$77,906 | $2,272,628 | $137,551 | $2,135,077 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $375,731
- Membership dues
- $129,205
- Program service revenue
- $81,746
- Investment income
- $97,471
- Net gain from sales of assets
- $50,884
- Net income from fundraising events
- $159,285
- Other revenue
- $232,541
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $206,239
- Other salaries and wages
- $140,945
- Salaries, compensation and benefits (total)
- $390,457
- Professional fundraising fees
- $0
- Accounting fees
- $23,000
- Occupancy
- $97,742
- Program services (functional)
- $377,208
- Management and general (functional)
- $195,885
- Fundraising (functional)
- $128,734
Balance sheet and other
- Total assets, start of year
- $2,417,635
- Total assets, end of year
- $2,636,441
- Total liabilities, end of year
- $106,944
- Net assets, end of year
- $2,529,497
- Land, buildings and equipment
- $251,799
- Publicly traded securities
- $2,053,584
- Net assets without donor restrictions
- $574,429
- Net assets with donor restrictions
- $1,955,068
- Gross receipts
- $1,028,362
- Employees
- 3
- Volunteers
- 0
- Year formed
- 1887
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL PEZZA | EXECUTIVE DIRECTOR AND CORPORATION CLERK Officer | 35 | $205,149 | $14,520 |
| NANCY D ADAMS | COUNSEL & TRUSTEE Trustee or director, Officer | 1 | $0 | $0 |
| D PETER BRENNAN | TREASURER & TRUSTEE Trustee or director, Officer | 1 | $0 | $0 |
| ANN LAMSON | 2ND VICE PRES.& TRUSTEE Trustee or director, Officer | 1 | $0 | $0 |
| MEREDITH MANGAN | IMMEDIATE PAST PRESIDENT & TRUSTEE Trustee or director, Officer | 1 | $0 | $0 |
| SONYA ROSS | PRESIDENT & BD. CHAIR & TRUSTEE Trustee or director, Officer | 1 | $0 | $0 |
| EDWARD DONAHUE | FIRST VICE PRES. & TRUSTEE Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL WEINBERG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LESLIE EMACK | TRUSTEE, Trustee or director | 1 | $0 | $0 |
| ANDREW DRAYER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SHAUN PT FARLEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GEORGE M MURPHY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHARLES C HEWITT III | TRUSTEE Trustee or director | 1 | $0 | $0 |
| AMY DIPERNA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHARLES J BROPHY | TRUSTEE Trustee or director | 1 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HENRY DOMINIONI | TRUSTEE Trustee or director | 1 | $0 |
| JOSIAH P HATCH | TRUSTEE Trustee or director | 1 | $0 |
| GREG HUNTER | TRUSTEE (UNTIL MAY 2025) Trustee or director | 1 | $0 |
| TARA ALIOTTA | TRUSTEE Trustee or director | 1 | $0 |
| SHAUN P T FARLEY | TRUSTEE Trustee or director | 1 | $0 |
| KEVIN J RASCH | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 23 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHAEL PEZZA | EX DIR/CLERK/SECRETARY Key employee | 35 | $0 | $198,159 | $8,709 |
| MICHAEL WEINBERG | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| NANCY D ADAMS | COUNSEL & TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| D PETER BRENNAN | TREASURER & TRUSTEE Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ERIN CUMMINGS | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| CHRISTOPHER F SCHENCK | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| ANN LAMSON | TRUSTEE, 2ND VICE PRES. Trustee or director, Officer | 1 | $0 | $0 | $0 |
| LESLIE EMACK | TRUSTEE, Trustee or director | 1 | $0 | $0 | $0 |
| MEREDITH MANGAN | TRUSTEE, PAST PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ANDREW DRAYER | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| SHAUN PT FARLEY | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| SONYA ROSS | TRUSTEE, PRES. & BD. CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| GEORGE M MURPHY | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| EDWARD DONAHUE | TRUSTEE, FIRST VICE PRES. Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CHARLES C HEWITT III | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL ALBERT | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| AMY DIPERNA | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| KEVIN J RAUSCH | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| KRISTINE BELL | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| CHARLES J BROPHY | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| HENRY DOMINIONI | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JOSIAH P HATCH | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| GREG HUNTER | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 27 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL APEZZAJR | EXEC DIR/SECRETARY Officer | 35 | $143,397 | $6,701 |
| MEAGAN STEFANOWresigned 51023 | CLERK/LIBRARIAN Officer | 35 | $69,017 | $3,184 |
| MICHAEL WEINBERG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NANCY D ADAMS | COUNSEL Trustee or director | 1 | $0 | $0 |
| D PETER BRENNAN | TREASURER & TRUSTEE Trustee or director, Officer | 1 | $0 | $0 |
| ERIN CUMMINGS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHRISTOPHER SCHENCK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHRIS LAUTresigned 111522 | TRUSTEE. 2ND VICE PRESIDENT Trustee or director | 1 | $0 | $0 |
| LESLIE EMACK | TRUSTEE, PAST PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| MEREDITH MANGAN | TRUSTEE, PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| ANDREW DRAYER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SHAUN PT FARLEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SONYA ROSS | TRUSTEE,1ST VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| GEORGE M MURPHY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| EDWARD DONAHUE | TRUSTEE, 2ND VICE PRESIDENT Trustee or director | 1 | $0 | $0 |
| MICHAEL TALMANSONresigned 111522 | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHARLES C HEWITT III | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MICHAEL ALBERT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| AMY DIPERNA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DANIEL J MASTROTOTAROresigned 1115 | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KRISTINE BELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHARLES J BROPHY III | TRUSTEE Trustee or director | 1 | $0 | $0 |
| HENRY DOMINIONI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOSIAH P HATCH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANN LAMSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GREG HUNTER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KEVIN RASCH | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 156 STATE ST FL 2, BOSTON, MA 02109-2588
- Principal officer (990 for 2024)
- TARA ALIOTTA, 156 STATE STREET, BOSTON, MA 02109
- Signed the 990
- TARA ALIOTTA, TREASURER
- Phone
- (617) 227-2087
- Website
- WWW.INSURANCELIBRARY.ORG
- Return prepared by
- RYAN & COSCIA PC
Mission
THE LIBRARY'S MISSION IS TO PROVIDE MEMBERS OF THE INSURANCE, FINANCIAL SECURITY, RISK MANAGEMENT, AND LEGAL COMMUNITIES, AND THE PUBLIC, WITH HIGH-QUALITY EDUCATIONAL PROGRAMMING, OPPORTUNITIES FOR ENGAGEMENT AND NETWORKING, AND UNIQUE RESEARCH RESOURCES AND SERVICES.
Program accomplishments
- THE LIBRARY IS AN APPROVED PROVIDER OF PRODUCER, AND IN SOME CASES ADJUSTER, CONTINUING EDUCATION IN SIX STATES, PROVIDED MONTHLY CE WEBINARS WITH COMBINED REGISTRATION OF 2,349 STUDENTS. IN ADDITION, THE LIBRARY OFFERED WEBINARS OR SEMINARS IN COLLABORATION WITH ANOTHER ORGANIZATION. THE LIBRARY ALSO OFFERED EDUCATION PROGRAMS AS PART OF ITS PROGRAM FOR 118 SUMMER INTERNS AND EARLY CAREER PROFESSIONALS.Expenses $134,002 · revenue $75,246
- LIBRARY RESOURCES AND SERVICES: THE LIBRARY HAS A COMPREHENSIVE AND UNIQUE COLLECTION OF PRINT AND DIGITAL INSURANCE-RELATED MATERIALS, INCLUDING CURRENT AND HISTORIC INSURANCE POLICIES AND FORMS, JOURNALS AND OTHER PERIODICALS, LEGAL TREATISES, GOVERNMENT REPORTS, FINANCIAL AND STATISTICAL INFORMATION, AND A COLLECTION OF SANBORN MAPS. THESE MATERIALS ARE USED FOR RESEARCH SERVICES PROVIDED BY THE LIBRARY AND ARE AVAILABLE FOR RESEARCH BY LIBRARY MEMBERS AND MEMBERS OF THE PUBLIC. THE LIBRARY ALSO HAS A COLLECTION OF INSURANCE MEMORABILIA THAT REFLECTS THE HISTORY OF INSURANCE.Expenses $243,206 · revenue $6,500
- THE LIBRARY PROVIDES UNIQUE OPPORTUNITIES FOR MEMBERS OF THE INSURANCE, RISK MANAGEMENT,FINANCIAL SECURITY, AND LEGAL COMMUNITIES, AND THE PUBLIC, TO COME TOGETHER FOR NETWORKING OR OTHER ENGAGEMENT, TO SHARE AND DISCUSS TOPICS OF INTEREST, AND TO RECOGNIZE ACCOMPLISHMENTS. THESE OPPORTUNITIES INCLUDE AN INSURANCE PROFESSIONAL OF THE YEAR AWARD AND EVENT; VIRTUAL LUNCH AND LEARN PROGRAMS; AN ANNUAL AWARD FOR COMMUNITY OR CUSTOMER SERVICE; A SCAVENGER HUNT THAT FOSTERS TEAM BUILDING; INTERACTION WITH COLLEAGUES, AND AN OPPORTUNITY TO LEARN THE HISTORY OF INSURANCE IN BOSTON; AND, A SUMMER INTERN PROGRAM FOR SUMMER INTERNS OR EARLY CAREER PROFESSIONAL AT MEMBER ORGANIZATIONS.
- MISCELLANEOUSrevenue $73,256
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2104331
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1994
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,636,441
- Income (IRS master file)
- $1,028,362
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $787,489 | $701,827 | $2,636,441 | IRS |
| 990 | June 2024 | $645,323 | $623,349 | $2,417,635 | XML |
| 990 | June 2023 | $612,995 | $690,901 | $2,272,628 | XML |
| 990 | June 2022 | $624,934 | $676,769 | $2,239,121 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2104331).
Questions about INSURANCE LIBRARY ASSOCIATION
- What is the EIN of INSURANCE LIBRARY ASSOCIATION?
- The employer identification number (EIN) of INSURANCE LIBRARY ASSOCIATION is 04-2104331.
- Is INSURANCE LIBRARY ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to INSURANCE LIBRARY ASSOCIATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INSURANCE LIBRARY ASSOCIATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INSURANCE LIBRARY ASSOCIATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INSURANCE LIBRARY ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of INSURANCE LIBRARY ASSOCIATION?
- The 990 for the year ended June 30, 2025 names TARA ALIOTTA.
- Who are the officers and directors of INSURANCE LIBRARY ASSOCIATION?
- The 990 for the year ended June 30, 2025 lists 21 people; 1 received compensation from the organization, the highest $205,149 (MICHAEL PEZZA, EXECUTIVE DIRECTOR AND CORPORATION CLERK).
- How much revenue does INSURANCE LIBRARY ASSOCIATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $787,489, expenses of $701,827 and total assets of $2,636,441 at year end.
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