Nonprofit · EIN 37-0844406
AMERICAN RISK & INSURANCE ASSN INC
Tax-exempt · MINNEAPOLIS, MN 55415
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $522,972 | $607,130 | -$84,158 | $814,741 | $27,595 | $787,146 |
| December 31, 2024 | 990 | $456,068 | $560,897 | -$104,829 | $838,631 | $61,973 | $776,658 |
| December 31, 2023 | 990 | $440,816 | $546,857 | -$106,041 | $894,857 | $60,276 | $834,581 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $104,394
- of which government grants
- $29,114
- Membership dues
- $60,280
- Program service revenue
- $418,489
- Investment income
- $89
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $21,122
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,150
- Travel
- $12,903
- Program services (functional)
- $521,171
- Management and general (functional)
- $85,959
Balance sheet and other
- Total assets, start of year
- $838,631
- Total assets, end of year
- $814,741
- Total liabilities, end of year
- $27,595
- Net assets, end of year
- $787,146
- Publicly traded securities
- $737,291
- Net assets without donor restrictions
- $772,146
- Net assets with donor restrictions
- $15,000
- Gross receipts
- $522,972
- Employees
- 0
- Volunteers
- 30
- Year formed
- 1932
- State of legal domicile
- MN
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAWRENCE POWELL | PRESIDENT Trustee or director, Officer | 2 | $0 |
| DAVID ECKLES | PAST PRESIDENT Trustee or director, Officer | 1 | $0 |
| CASSANDRA COLE | DIRECTOR Trustee or director | 0.5 | $0 |
| ANNETTE HOFMANN | DIRECTOR Trustee or director | 0.5 | $0 |
| ANDRE LIEBENBERG | SECOND VP/PROGRAM Trustee or director, Officer | 1 | $0 |
| PETRA STEINORTH | FIRST VP/TREASURER Trustee or director, Officer | 1 | $0 |
| ALEX BRAUN | DIRECTOR Trustee or director | 0.5 | $0 |
| STEVE FIER | DIRECTOR Trustee or director | 0.5 | $0 |
| FRANK TOMASELLO | DIRECTOR Trustee or director | 0.5 | $0 |
| BENJAMIN COLLIER | DIRECTOR Trustee or director | 0.5 | $0 |
| XIAO JOYCE LIN | DIRECTOR Trustee or director | 0.5 | $0 |
| KRISTEN BESSETTE | DIRECTOR Trustee or director | 0.5 | $0 |
| MACKENZIE KELLEY | EXECUTIVE DIRECTOR Officer | 10 | $0 |
990 for the year ended December 31, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WEILI LU | PRESIDENT Trustee or director, Officer | 2 | $0 |
| DAVID ECKLES | FIRST VP/TREASURER Trustee or director, Officer | 1 | $0 |
| LAWRENCE POWELL | SECOND VP/PROGRAM CHAIR Trustee or director, Officer | 0.5 | $0 |
| RANDY DUMM | PAST PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| DANIEL BAUER | DIRECTOR Trustee or director | 0.5 | $0 |
| THOMAS BERRY-STOLZLE | DIRECTOR Trustee or director | 0.5 | $0 |
| CASSANDRA COLE | DIRECTOR Trustee or director | 0.5 | $0 |
| JEFF CZAJKOWSKI | DIRECTOR Trustee or director | 0.5 | $0 |
| ENYA HE | DIRECTOR Trustee or director | 0.5 | $0 |
| ANNETTE HOFMANN | DIRECTOR Trustee or director | 0.5 | $0 |
| ANDRE LIEBENBERG | DIRECTOR Trustee or director | 0.5 | $0 |
| PETRA STEINORTH | DIRECTOR Trustee or director | 0.5 | $0 |
| MACKENZIE KELLEY | EXECUTIVE DIRECTOR Officer | 10 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WEILI LU | PRESIDENT Trustee or director, Officer | 2 | $0 |
| DAVID ECKLES | FIRST VP/TREASURER Trustee or director, Officer | 0.5 | $0 |
| LARS POWELL | SECOND VP/PROGRAM CHAIR Trustee or director, Officer | 0.5 | $0 |
| RANDY DUMM | PAST PRESIDENT Trustee or director | 0.5 | $0 |
| DANIEL BAUER | BOARD MEMBER Trustee or director | 0.5 | $0 |
| THOMAS BERRY-STOLZLE | BOARD MEMBER Trustee or director | 0.5 | $0 |
| CASSANDRA COLE | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JEFF CZAJKOWSKI | BOARD MEMBER Trustee or director | 0.5 | $0 |
| ENYA HE | BOARD MEMBER Trustee or director | 0.5 | $0 |
| ANNETTE HOFMANN | BOARD MEMBER Trustee or director | 0.5 | $0 |
| PETRA STEINORTH | BOARD MEMBER Trustee or director | 0.5 | $0 |
| ANDRE LIEBENBERG | BOARD MEMBER Trustee or director | 0.5 | $0 |
| VIRGINIA PHILLIPS | EXECUTIVE DIRECTOR (2023) Officer | 20 | $0 |
| MACKENZIE KELLEY | EXECUTIVE DIRECTOR (INCOMING) Officer | 20 | $0 |
Address and contacts
- Address (IRS master file)
- 400 S 4TH STREET, MINNEAPOLIS, MN 55415-1411
- In care of
- % ANTHONY J BIACCHI EXECUTIVE DIR
- Principal officer (990 for 2025)
- LAWRENCE LARS POWELL
- Signed the 990
- LAWRENCE LARS POWELL, PRESIDENT
- Phone
- (612) 352-9119
- Website
- HTTPS://WWW.ARIA.ORG/
- Return prepared by
- CARPENTER EVERT & ASSOCIATES LTD
Mission
ARIA IS A SCHOLARLY ASSOCIATION DEVOTED TO THE STUDY OF AND PROMOTION OF RISK AND INSURANCE ECONOMICS. OUR MEMBERSHIP IS COMPRISED OF ACADEMICS, SCHOLARS, PROFESSIONALS AND INDUSTRY VETERANS. TOGETHER, THROUGH CONFERENCES, PUBLICATIONS, AND RECOGNITION, WE ARE A COMMUNITY COMMITTED TO PROVIDE FOR THE MUTUAL ASSOCIATION OF PERSONS WITH AN INTEREST TO STUDY IN RISK AND INSURANCE, TO IMPROVE THE PUBLIC'S UNDERSTANDING OF HOW RISK CAN BE MORE EFFECTIVELY MANAGED, AND TO SUPPORT THE ADOPTION OF NEW FINDINGS BY THE RISK MANAGEMENT PROFESSION. ARIA IS DEDICATED TO THE EXPANSION AND IMPROVEMENT OF ACADEMIC INSTRUCTION TO STUDENTS OF RISK MANAGEMENT AND INSURANCE, PROVIDING NETWORKING, INFORMATION AND SUPPORT.
Program accomplishments
- 2025 WORLD RISK AND INSURANCE ECONOMICS CONGRESS (WRIEC)"ARIA'S 4.5 DAY CONFERENCE, HELD IN PARTNERSHIP WITH TWO SISTER ASSOCIATIONS (APRIA AND EGRIE). WORLD CONGRESS TAKES PLACE EVERY FIVE YEARS, AND ARIA IS THE HOST EVERY 15 YEARS. 250 PARTICIPANTS, A MIX OF ARIA MEMBERS AND NON-MEMBERS, FROM ACROSS THE WORLD. EVENT PROGRAM IS ATTACHED."Expenses $521,171 · grants $21,122
- PUBLICATIONS: JRI AND RMIR"ARIA HAS TWO JOURNALS: JOURNAL OF RISK & INSURANCE (JRI) AND RISK MANAGEMENT & INSURANCE REVIEW (RMIR).THE YEAR-END PUBLICATIONS REPORT IS ATTACHED."
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 37-0844406
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1965
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y030)
- Assets (IRS master file)
- $814,741
- Income (IRS master file)
- $522,972
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $522,972 | $607,130 | $814,741 | XML |
| 990 | December 2024 | $456,068 | $560,897 | $838,631 | XML |
| 990 | December 2023 | $440,816 | $546,857 | $894,857 | XML |
| 990 | December 2022 | $432,951 | $468,138 | $985,477 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 37-0844406).
Questions about AMERICAN RISK & INSURANCE ASSN INC
- What is the EIN of AMERICAN RISK & INSURANCE ASSN INC?
- The employer identification number (EIN) of AMERICAN RISK & INSURANCE ASSN INC is 37-0844406.
- Is AMERICAN RISK & INSURANCE ASSN INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1965.
- Are donations to AMERICAN RISK & INSURANCE ASSN INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AMERICAN RISK & INSURANCE ASSN INC 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 AMERICAN RISK & INSURANCE ASSN INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AMERICAN RISK & INSURANCE ASSN INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of AMERICAN RISK & INSURANCE ASSN INC?
- The 990 for the year ended December 31, 2025 names LAWRENCE LARS POWELL.
- Who are the officers and directors of AMERICAN RISK & INSURANCE ASSN INC?
- The 990 for the year ended December 31, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does AMERICAN RISK & INSURANCE ASSN INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $522,972, expenses of $607,130 and total assets of $814,741 at year end.
Other nonprofits in MINNEAPOLIS
- XCEL ENERGY INC VOLUNTARY EMPLOYEES BENEFCIARY TRUST FOR ACTIVE EMPLOY EIN 41-6383796 · last filed 990 for 2024
- XCEL ENERGY INC VEBA TRUST FOR RETIRED EMPLOYEES EIN 84-6266801 · last filed 990 for 2024
- CLEAN GRID ASSOCIATION EIN 93-3841998 · last filed 990 for 2024
- AL JAZARI INSTITUTE EIN 45-5134951 · last filed 990 for 2024
- RETIREMENT ENCHANCEMENT & BENEFITS ALTERNATIVES PRGRM VOL EMPLS BENE EIN 52-2345403 · last filed 990 for 2025
- HEALTHCARE INDUSTRY RESILIENCE COLLABORATIVE ASSN EIN 87-3934206 · last filed 990 for 2024
- RETIREMENT ENHANCEMENT AND BENEFIT ALTERNATIVES VEBA TR II EIN 20-1902342 · last filed 990 for 2025
- LAY ENDOWNENT FUND EIN 51-0152273 · last filed 990 for 2024
All nonprofits in MINNEAPOLIS · Minnesota · Mutual and membership benefit