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Property Loss Research Bureau

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$13.2M (2023)

Expenses
$11.3M (2023)

Total Assets
$30.5M (2023)

Total Liabilities
$9.69M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,183,287
Expenses
$11,314,113
Net Income
$1,869,174
Net Assets
$20,848,362
Notable Sources of Revenue Percent of Total Revenue
Contributions $857,379
6.5%
Program Services $11,598,202
88.0%
Investment Income $858,863
6.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$136,435
Net Inventory Sales $0
Other Revenue $5,278
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $2,541,416
22.5%
Professional Fundraising Fees $0
Other Salaries and Wages $4,057,487
35.9%
Assets/Debt
Total Assets $30,542,376
Total Liabilities $9,694,014
Net Assets $20,848,362
Compensation
Key Employees and Officers Compensation Related Other
Bryan Falchuk (President & Ceo & Interim Treasurer) $649,651 $0 $94,204
Leonard Murphy (Senior Vp & General Counsel) $328,615 $0 $116,094
Jeffrey Kerensky (Senior Vp Membership) $296,729 $0 $92,262
Elizabeth Sterne (Senior Vp Property Legal Services & Secretary) $294,720 $0 $82,982
Peter Becker (Vp Information Services) $248,240 $0 $41,065
Michael Brode (Vp Meetings & Education) $218,565 $0 $78,290
Paul Dispensa (Vp Membership (Thru 4/30/24)) $204,421 $0 $19,344
Thomas O' Dowd (Senior Marketing & Exhibits Manger) $135,007 $0 $68,189
Kathryn Jensen (Counsel & Senior Editor) $129,753 $0 $37,723
Ransella Wagner (Ca Counsel & Law Review Editor) $126,581 $0 $66,671
David Fox (Counsel) $124,278 $0 $36,390
Paul Edwards (Director) $0 $0 $0
Tim Constien (Director) $0 $0 $0
Bryon Nelson (Director) $0 $0 $0
Shannon O'brien (Director) $0 $0 $0
Meg Weist (Director) $0 $0 $0
Sean Mcsweeny (Director) $0 $0 $0
Richard Long (Chairman) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,373,388
Expenses
$10,071,995
Net Income
$1,301,393
Net Assets
$18,445,655
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,862,777
95.5%
Investment Income $528,671
4.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$18,060
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $2,930,874
29.1%
Professional Fundraising Fees $0
Other Salaries and Wages $2,968,108
29.5%
Assets/Debt
Total Assets $31,019,563
Total Liabilities $12,573,908
Net Assets $18,445,655
Compensation
Key Employees and Officers Compensation Related Other
Thomas Mallin (President & Ceo (Retired 12/31)) $716,167 $0 $126,332
Leonard Murphy (Vp & General Counsel) $314,640 $0 $75,416
Jeffrey Kerensky (Executive Vp) $292,572 $0 $72,738
Paul Dispensa (Vp Liability Services & Membership) $263,026 $0 $48,763
Elizabeth Sterne (Vp Property Legal Services & Secretary) $258,000 $0 $56,631
Peter Becker (Vp Information Services & Treasurer) $246,540 $0 $34,877
Michael Brode (Avp Educational & Technical Services) $214,463 $0 $60,820
Bryan Falchuk (President & Ceo (Incoming)) $133,750 $0 $16,140
Valerie Berka (Senior Meetings Manager) $129,032 $0 $42,004
Jeffrey Margulis (Counsel) $125,284 $0 $29,468
Kathryn Jensen (Counsel & Senior Editor) $125,035 $0 $29,276
John Hurley (Counsel) $124,446 $0 $18,129
David Fox (Counsel) $122,778 $0 $29,127
Sean B Mcsweeney (Chairman) $0 $0 $0
Paul Edwards (Director) $0 $0 $0
Tim Constien (Director) $0 $0 $0
Bryon Nelson (Director) $0 $0 $0
Shannon O'brien (Director) $0 $0 $0
Meg Weist (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,342,411
Expenses
$8,612,357
Net Income
-$269,946
Net Assets
$18,456,908
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,831,646
93.9%
Investment Income $474,598
5.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $36,167
0.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $2,718,258
31.6%
Professional Fundraising Fees $0
Other Salaries and Wages $3,136,737
36.4%
Assets/Debt
Total Assets $29,282,847
Total Liabilities $10,825,939
Net Assets $18,456,908
Compensation
Key Employees and Officers Compensation Related Other
Thomas Mallin (President & Ceo) $626,865 $0 $114,896
Leonard Murphy (Vp & General Counsel) $305,660 $0 $72,141
Jeffrey Kerensky (Executive Vp) $278,640 $0 $60,164
Paul Dispensa (Vp Liability Services And Membership) $257,271 $0 $47,692
Peter Becker (Treasurer & Vp Information) $235,615 $0 $35,675
Elizabeth Sterne (Vp Property Legal Services) $224,100 $0 $55,878
Michael Brode (Avp Educational & Technical Services) $206,215 $0 $61,115
Ransella Wagner (Senior Counsel) $125,422 $0 $46,000
Valerie Berka (Senior Meetings Mgr) $125,274 $0 $43,998
Thomas O'dowd (Senior Marketing & Exhibit Mgr) $124,910 $0 $46,001
Mark Logalbo (Senior Counsel) $123,500 $0 $46,026
Patrick Biggins (Counsel) $123,253 $0 $46,113
Peter Balingit (Avp Catastrophe Services) $119,467 $0 $16,866
Sean B Mcsweeney (Chairman) $0 $0 $0
John Micheli (Director) $0 $0 $0
Jolene Casatelli (Director) $0 $0 $0
Paul Edwards (Director) $0 $0 $0
Tim Constien (Director) $0 $0 $0
Richard Long (Director) $0 $0 $0
Jeff Mills (Director) $0 $0 $0
Bryon Nelson (Director) $0 $0 $0
Shannon O'brien (Director) $0 $0 $0
Meg Weist (Director) $0 $0 $0
Chad Zierke (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,414,821
Expenses
$8,927,574
Net Income
-$1,512,753
Net Assets
$19,187,304
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,881,646
92.8%
Investment Income $529,460
7.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,715
0.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $2,534,300
28.4%
Professional Fundraising Fees $0
Other Salaries and Wages $3,347,088
37.5%
Assets/Debt
Total Assets $29,093,542
Total Liabilities $9,906,238
Net Assets $19,187,304
Compensation
Key Employees and Officers Compensation Related Other
Thomas Mallin (President & Ceo) $614,308 $0 $94,492
Leonard Murphy (Vp & General Counsel) $282,274 $0 $67,697
Jeffrey Kerensky (Executive Vp) $257,711 $0 $39,861
Paul Dispensa (Vp Liability Services And Membership) $249,644 $0 $45,481
Peter Becker (Treasurer & Vp Information Services) $214,457 $0 $32,611
Elizabeth Sterne (Vp Property Legal Services & Secretary) $195,225 $0 $50,229
Michael Brode (Avp Educational & Technical Services) $174,213 $0 $57,024
Peter Balingit (Avp Catastrophe Services) $139,828 $0 $19,246
Valerie Berka (Senior Meetings Mgr) $114,479 $0 $42,909
Kathryn Jensen (Senior Counsel) $113,642 $0 $26,831
Thomas O'dowd (Senior Marketing & Exhibits Mgr) $112,758 $0 $42,814
Ransella Wagner (Senior Counsel) $111,626 $0 $42,862
Patrick Biggins (Counsel) $108,810 $0 $42,444
Sean B Mcsweeney (Chairman) $0 $0 $0
Bonnie Lee (Vice Chairman) $0 $0 $0
Richard Creedon (Director) $0 $0 $0
Paul Edwards (Director) $0 $0 $0
Jeffrey Kusch (Director) $0 $0 $0
Richard Long (Director) $0 $0 $0
Jeff Mills (Director) $0 $0 $0
Bryon Nelson (Director) $0 $0 $0
Shannon O'brien (Director) $0 $0 $0
Meg Weist (Director) $0 $0 $0
Chad Zierke (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,399,174
Expenses
$9,793,368
Net Income
$605,806
Net Assets
$20,367,241
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,796,070
94.2%
Investment Income $604,874
5.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1,770
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $2,526,001
25.8%
Professional Fundraising Fees $0
Other Salaries and Wages $3,190,823
32.6%
Assets/Debt
Total Assets $29,850,908
Total Liabilities $9,483,667
Net Assets $20,367,241
Compensation
Key Employees and Officers Compensation Related Other
Thomas Mallin (President & Ceo) $625,399 $0 $59,190
Leonard Murphy (Vp & General Counsel) $295,497 $0 $61,248
Paul Dispensa (Vp Liability Services) $252,124 $0 $43,968
Jeffrey Kerensky (Vp Property Legal Services) $244,543 $0 $37,948
Peter Becker (Treasurer & Vp Info Services) $217,809 $0 $33,109
Elizabeth Sterne (Avp Special Counsel & Secretary) $165,402 $0 $45,184
Scott Powell (Vp Educational & Tech Services) $131,555 $0 $28,504
Mike Brode (Vp Educational & Tech Services) $118,699 $0 $29,020
Peter Balingit (Avp Catastrophe Services) $117,404 $0 $19,398
Ann Blomquist (Senior Staff Accountant) $116,834 $0 $26,886
John Hurley (Counsel) $114,768 $0 $16,961
Jeffrey Margulis (Counsel) $112,468 $0 $26,261
Valerie Berka (Senior Meetings Mgr) $111,209 $0 $41,801
Thomas O'dowd (Senior Marketing & Exhibits Mgr) $111,209 $0 $41,801
Sean B Mcsweeney (Chairman) $0 $0 $0
Bonnie Lee (Vice Chairman) $0 $0 $0
Richard Creedon (Director) $0 $0 $0
Robert Dimuccio (Director) $0 $0 $0
Bruce Kelley (Director) $0 $0 $0
Jeffrey Kusch (Director) $0 $0 $0
Richard Long (Director) $0 $0 $0
Jeff Mills (Director) $0 $0 $0
Fw Purmort Iii (Director) $0 $0 $0
Mark Willson (Director) $0 $0 $0
Chad Zierke (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,219,257
Expenses
$9,462,550
Net Income
$756,707
Net Assets
$19,175,794
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,728,195
95.2%
Investment Income $494,146
4.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$3,084
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $2,403,425
25.4%
Professional Fundraising Fees $0
Other Salaries and Wages $2,712,659
28.7%
Assets/Debt
Total Assets $28,360,692
Total Liabilities $9,184,898
Net Assets $19,175,794

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,585,110
Expenses
$8,867,072
Net Income
$718,038
Net Assets
$18,659,590
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,228,654
96.3%
Investment Income $356,483
3.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $4,904,312
55.3%
Assets/Debt
Total Assets $27,613,649
Total Liabilities $8,954,059
Net Assets $18,659,590

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,647,295
Expenses
$8,908,142
Net Income
$739,153
Net Assets
$17,989,174
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,300,718
96.4%
Investment Income $346,342
3.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $235
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $4,823,163
54.1%
Assets/Debt
Total Assets $26,544,560
Total Liabilities $8,555,386
Net Assets $17,989,174

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,570,905
Expenses
$8,746,541
Net Income
$824,364
Net Assets
$17,268,840
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,247,832
96.6%
Investment Income $323,076
3.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$3
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $4,636,054
53.0%
Assets/Debt
Total Assets $25,581,406
Total Liabilities $8,312,566
Net Assets $17,268,840

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,393,011
Expenses
$8,608,566
Net Income
$784,445
Net Assets
$16,514,523
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,089,196
96.8%
Investment Income $302,466
3.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,349
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $5,526,456
64.2%
Assets/Debt
Total Assets $24,733,392
Total Liabilities $8,218,869
Net Assets $16,514,523

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,216,383
Expenses
$8,520,889
Net Income
$695,494
Net Assets
$15,763,067
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,883,443
96.4%
Investment Income $332,940
3.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $2,146,037
25.2%
Professional Fundraising Fees $0
Other Salaries and Wages $2,407,225
28.3%
Assets/Debt
Total Assets $23,789,495
Total Liabilities $8,026,428
Net Assets $15,763,067

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,925,140
Expenses
$7,757,173
Net Income
$1,167,967
Net Assets
$15,261,837
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,541,622
95.7%
Investment Income $383,518
4.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,900,706
24.5%
Professional Fundraising Fees $0
Other Salaries and Wages $2,298,168
29.6%
Assets/Debt
Total Assets $23,911,642
Total Liabilities $8,649,805
Net Assets $15,261,837

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,175,586
Expenses
$7,432,094
Net Income
$1,743,492
Net Assets
$13,982,769
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,763,829
95.5%
Investment Income $411,757
4.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,830,283
24.6%
Professional Fundraising Fees $0
Other Salaries and Wages $2,093,041
28.2%
Assets/Debt
Total Assets $22,975,755
Total Liabilities $8,992,986
Net Assets $13,982,769

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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