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Terrafirma Risk Retention Group Llc

Terrafirma

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Mutual/Membership Benefit Organizations, Other / Insurance Providers, Services (NTEE)

Donations to this organization are tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$2.41M (2023)

Expenses
$2.3M (2023)

Total Assets
$13.5M (2023)

Total Liabilities
$5.45M (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
$2,410,616
Expenses
$2,304,651
Net Income
$105,965
Net Assets
$8,077,991
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,100
0.0%
Program Services $2,072,653
86.0%
Investment Income $285,996
11.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $50,867
2.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $13,526,035
Total Liabilities $5,448,044
Net Assets $8,077,991
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Brendan Annett (Members Committee) $0 $0 $0
Jane Arbuckle (Members Committee) $0 $0 $0
William Sandy Hauserman (Members Committee) $0 $0 $0
Ellen Kazary (Members Committee (From Sep '23)) $0 $0 $0
Meghann Mckenna (Members Committee) $0 $0 $0
Robert Neale (Members Committee (To Sep '23)) $0 $0 $0
Robert Bob Owen (Members Committee) $0 $0 $0
Emily Parish (Members Committee) $0 $0 $0
James E Rogers (Members Committee) $0 $0 $0
Jeff Swinehart (Members Committee) $0 $0 $0
Andrew Bowman (President Arms) $0 $0 $0
Renee Kivikko (Vice President Arms) $0 $0 $0
Leslie Ratley Beach (Vice President Arms) $0 $0 $0
Chase Warden (Treasurer Arms) $0 $0 $0
Thomas Kester (Secretary Arms) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,038,896
Expenses
$1,709,577
Net Income
$329,319
Net Assets
$7,582,448
Notable Sources of Revenue Percent of Total Revenue
Contributions $600
0.0%
Program Services $1,860,442
91.2%
Investment Income $184,280
9.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$6,426
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $11,690,308
Total Liabilities $4,107,860
Net Assets $7,582,448
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Brendan Annett (Members Committee) $0 $0 $0
Jane Arbuckle (Members Committee) $0 $0 $0
Sandy Hauserman (Members Committee) $0 $0 $0
Mary Margaret Lowe (Members Committee) $0 $0 $0
Meghann Mckenna (Members Committee) $0 $0 $0
Robert Neale (Members Committee) $0 $0 $0
Bob Owen (Members Committee) $0 $0 $0
James E Rogers (Members Committee) $0 $0 $0
Jeff Swinehart (Members Committee) $0 $0 $0
Andrew Bowman (President Arms) $0 $0 $0
Renee Kivikko (Vice President Arms) $0 $0 $0
Leslie Ratley Beach (Vice President Arms) $0 $0 $0
Chase Warden (Treasurer Arms) $0 $0 $0
Thomas Kester (Secretary Arms (From Jun '22)) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,731,132
Expenses
$1,719,864
Net Income
$1,011,268
Net Assets
$8,150,676
Notable Sources of Revenue Percent of Total Revenue
Contributions $600
0.0%
Program Services $1,852,428
67.8%
Investment Income $155,535
5.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $722,569
26.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $11,938,179
Total Liabilities $3,787,503
Net Assets $8,150,676
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Kathleen Ackley (Members Committee) $0 $0 $0
Brendan Annett (Members Committee) $0 $0 $0
Jane Arbuckle (Members Committee) $0 $0 $0
Sandy Hauserman (Members Committee) $0 $0 $0
Mary Margaret Lowe (Members Committee) $0 $0 $0
Meghann Mckenna (Members Committee) $0 $0 $0
Bob Owen (Members Committee) $0 $0 $0
James E Rogers (Members Committee) $0 $0 $0
Jeff Swinehart (Members Committee) $0 $0 $0
Andrew Bowman (President Arms) $0 $0 $0
Renee Kivikko (Vice President Arms) $0 $0 $0
Leslie Ratley Beach (Vice President & Secretary) $0 $0 $0
Chase Warden (Treasurer Arms) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,216,740
Expenses
$1,057,902
Net Income
$1,158,838
Net Assets
$7,262,302
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,000
0.1%
Program Services $1,723,060
77.7%
Investment Income $174,707
7.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $316,973
14.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,094,158
Total Liabilities $2,831,856
Net Assets $7,262,302
Compensation
Key Employees and Officers Compensation Related Other
Kathleen Ackley (Members Committee) $0 $0 $0
William Hauserman (Members Committee) $0 $0 $0
Mary Margaret Lowe (Members Committee) $0 $0 $0
Bob Owen (Members Committee) $0 $0 $0
James E Rogers (Members Committee) $0 $0 $0
Derek Schaefer (Members Committee) $0 $0 $0
Michelle Smith (Members Committee) $0 $0 $0
Deborah Stanley (Members Committee) $0 $0 $0
Jeff Swinehart (Members Committee) $0 $0 $0
Andrew Bowman (President Arms) $0 $0 $0
Renee Kivikko (Vice President Arms) $0 $0 $0
Leslie Ratley Beach (Vice President & Secretary) $0 $0 $0
Chase Warden (Treasurer Arms) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,193,132
Expenses
$1,306,546
Net Income
$886,586
Net Assets
$5,939,474
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,700
0.1%
Program Services $1,618,338
73.8%
Investment Income $206,246
9.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $366,848
16.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $8,864,692
Total Liabilities $2,925,218
Net Assets $5,939,474
Compensation
Key Employees and Officers Compensation Related Other
Kathleen Ackley (Members Committee) $0 $0 $0
Marlene Frisbie (Members Committee) $0 $0 $0
William G Hauserman (Members Committee) $0 $0 $0
James E Rogers (Members Committee) $0 $0 $0
Derek Schaefer (Members Committee) $0 $0 $0
Laurie Smith (Members Committee) $0 $0 $0
Michelle Smith (Members Committee) $0 $0 $0
Deborah Stanley (Members Committee) $0 $0 $0
Jeff Swinehart (Members Committee) $0 $0 $0
Andrew Bowman (President Arms) $0 $0 $0
Renee Kivikko (Vice President Arms) $0 $0 $0
Leslie Ratley Beach (Vice President & Secretary) $0 $0 $0
Chase Warden (Treasurer Arms) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,678,951
Expenses
$1,465,973
Net Income
$212,978
Net Assets
$4,920,352
Notable Sources of Revenue Percent of Total Revenue
Contributions $800
0.0%
Program Services $1,510,426
90.0%
Investment Income $150,983
9.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $16,742
1.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $7,539,994
Total Liabilities $2,619,642
Net Assets $4,920,352
Compensation
Key Employees and Officers Compensation Related Other
Marlene Frisbie (Members Committee) $0 $0 $0
Curt Gleaves (Members Committee) $0 $0 $0
William G Hasuerman (Members Committee) $0 $0 $0
Harry Pollack (Members Committee) $0 $0 $0
Derek Schaefer (Members Committee) $0 $0 $0
Grant Smith (Members Committee) $0 $0 $0
Laurie Smith (Members Committee) $0 $0 $0
Michelle Smith (Members Committee) $0 $0 $0
Deborah Stanley (Members Committee) $0 $0 $0
Andrew Bowman (President Arms) $0 $0 $0
Renee Kivikko (Vice President Arms From 5/2018) $0 $0 $0
Leslie Ratley Beach (Vice President & Secretary Arms) $0 $0 $0
Chase Warden (Treasurer Arms From 5/2018) $0 $0 $0
Marilyn Ayres (Treasurer Arms Thru 5/2018) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,526,108
Expenses
$1,403,258
Net Income
$122,850
Net Assets
$4,854,188
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,500
0.2%
Program Services $1,383,990
90.7%
Investment Income $111,343
7.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $28,275
1.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,800,478
Total Liabilities $1,946,290
Net Assets $4,854,188
Compensation
Key Employees and Officers Compensation Related Other
Marlene Frisbie (Members Committee) $0 $0 $0
Keith Gerrard (Members Committee) $0 $0 $0
Curt Gleaves (Members Committee) $0 $0 $0
William G Hasuerman (Members Committee) $0 $0 $0
Harry Pollack (Members Committee) $0 $0 $0
Grant Smith (Members Committee) $0 $0 $0
Laura Smith (Members Committee) $0 $0 $0
Becky Thorton (Members Committee) $0 $0 $0
Angela Twitchell (Members Committee) $0 $0 $0
Andrew Bowman (President Arms) $0 $0 $0
Marilyn Ayres (Treasurer Arms) $0 $0 $0
Leslie Ratley Beach (Vice President & Secretary Arms) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,377,945
Expenses
$1,360,243
Net Income
$17,702
Net Assets
$4,645,752
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,600
0.1%
Program Services $1,299,587
94.3%
Investment Income $88,587
6.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$11,829
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,486,611
Total Liabilities $1,840,859
Net Assets $4,645,752
Compensation
Key Employees and Officers Compensation Related Other
Curt Gleaves (Members Committee) $0 $0 $0
Keith Gerrard (Members Committee) $0 $0 $0
Becky Thorton (Members Committee) $0 $0 $0
William L Gebo (Members Committee) $0 $0 $0
William G Hauserman (Members Committee) $0 $0 $0
Kevin C Hicks (Members Committee) $0 $0 $0
Harry Pollack (Members Committee) $0 $0 $0
Angela Twitchell (Members Committee) $0 $0 $0
Grant Smith (Members Committee) $0 $0 $0
Andrew Bowman See Sch O (President Arms) $0 $0 $0
Marilyn Ayres See Sch O (Treasurer Arms) $0 $0 $0
Leslie Ratley Beach See Sch O (Vice President & Secretary Arms) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,265,291
Expenses
$1,252,626
Net Income
$12,665
Net Assets
$4,586,698
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,300
0.2%
Program Services $1,204,417
95.2%
Investment Income $60,394
4.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1,820
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,995,068
Total Liabilities $1,408,370
Net Assets $4,586,698
Compensation
Key Employees and Officers Compensation Related Other
Edward A Cutter Iii (Members Committee) $0 $0 $0
Keith Gerrard (Members Committee) $0 $0 $0
Becky Thorton (Members Committee) $0 $0 $0
William L Gebo (Members Committee) $0 $0 $0
William G Hauserman (Members Committee) $0 $0 $0
Kevin C Hicks (Members Committee) $0 $0 $0
Barbara L Hopkins (Members Committee) $0 $0 $0
Angela Twitchell (Members Committee) $0 $0 $0
Sopac M Mulholland (Members Committee) $0 $0 $0
Rand Wentworth See Sch O (President Arms) $0 $0 $0
Marilyn Ayres See Sch O (Treasurer Arms) $0 $0 $0
Leslie Ratley Beach See Sch O (Vice President & Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,138,397
Expenses
$935,198
Net Income
$203,199
Net Assets
$4,589,135
Notable Sources of Revenue Percent of Total Revenue
Contributions $800
0.1%
Program Services $1,101,892
96.8%
Investment Income $31,161
2.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $4,544
0.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,527,890
Total Liabilities $938,755
Net Assets $4,589,135
Compensation
Key Employees and Officers Compensation Related Other
Edward A Cutter Iii (Members Committee) $0 $0 $0
Wolcott B Dunham Jr (Members Committee) $0 $0 $0
Blair Fitzsimons (Members Committee) $0 $0 $0
William L Gebo (Members Committee) $0 $0 $0
William G Hauserman (Members Committee) $0 $0 $0
Kevin C Hicks (Members Committee) $0 $0 $0
Barbara L Hopkins (Members Committee) $0 $0 $0
George W Moore (Members Committee) $0 $0 $0
Sopac M Mulholland (Members Committee) $0 $0 $0
Rand Wentworth See Sch O (President Arms) $0 $0 $0
Marilyn Ayres See Sch O (Treasurer Arms) $0 $0 $0
Leslie Ratley Beach See Sch O (Vice President & Secretary Arms) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$901,214
Expenses
$796,435
Net Income
$104,779
Net Assets
$4,379,894
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,400
0.3%
Program Services $876,472
97.3%
Investment Income $22,342
2.5%
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,938,829
Total Liabilities $558,935
Net Assets $4,379,894

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,213,157
Expenses
$123,575
Net Income
$4,089,582
Net Assets
$4,285,895
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,199,200
99.7%
Program Services $10,325
0.2%
Investment Income $5,362
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1,730
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,311,926
Total Liabilities $26,031
Net Assets $4,285,895

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$165,985
Expenses
$16,292
Net Income
$149,693
Net Assets
$195,993
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $165,985
100%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $197,109
Total Liabilities $1,116
Net Assets $195,993

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.

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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."

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Types of Nonprofits

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

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