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NORTH AMERICAN CRO COUNCIL INCORPORATED: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
NORTH AMERICAN CRO COUNCIL INCORPORATED (EIN 46-1847740)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-17
IRS object ID
202503219349306850
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-17T10:26:49-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN371122831PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1STRIEGEL KNOBLOCH & COMPANY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1115 W JEFFERSON ST SUITE 200AddressLine1Txt
CityBLOOMINGTONCityNm
State AbbreviationILStateAbbreviationCd
ZIP61701ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN461847740EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NORTH AMERICAN CRO COUNCIL INCORPORATEDBusinessNameLine1Txt
Business Name Line2C/O MR BILL PRIMPS CULLEN & DYKMAN LLPBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlNORTBusinessNameControlTxt
Phone2127014002PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE BATTERY PARK PLAZAAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10004ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGEOFF CRADDOCKPersonNm
Person TitleTREASURERPersonTitleTxt
Phone2127014002PhoneNum
Signature2025-11-04SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBENJAMIN J SMITH PARTNERPreparerPersonNm
PTINP01272971PTIN
Phone3098294303PhoneNum
Preparation2025-11-04PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerGEOFF CRADDOCKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE BATTERY PARK PLAZAAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10004ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$345,320GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.CROCOUNCIL.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2013FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionSEE SCHEDULE O FOR ORGANIZATION'S MISSION STATEMENT.ActivityOrMissionDesc
Voting Members Governing Body35VotingMembersGoverningBodyCnt
Voting Members Independent35VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$276,000PYProgramServiceRevenueAmt
CY Program Service Revenue$345,000CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$185PYOtherRevenueAmt
CY Other Revenue$320CYOtherRevenueAmt
PY Total Revenue$276,185PYTotalRevenueAmt
CY Total Revenue$345,320CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$466,184PYOtherExpensesAmt
CY Other Expenses$506,468CYOtherExpensesAmt
PY Total Expenses$466,184PYTotalExpensesAmt
CY Total Expenses$506,468CYTotalExpensesAmt
PY Revenues Less Expenses-$189,999PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$161,148CYRevenuesLessExpensesAmt
Total Assets BOY$735,073TotalAssetsBOYAmt
Total Assets EOY$562,869TotalAssetsEOYAmt
Total Liabilities BOY$97,341TotalLiabilitiesBOYAmt
Total Liabilities EOY$86,285TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$637,732NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$476,584NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE SCHEDULE OMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$142,246ExpenseAmt
Revenue$172,500RevenueAmt
DescPROMOTING THE DEVELOPMENT AND ASSESSMENT OF CAPITAL REQUIREMENTS BASED, IN PART, ON INTERNAL COMPANY-DEVELOPED RISK MODELS, AND THE APPROPRIATE RECOGNITION OF THE BENEFITS OF RISK IDENTIFICATION, RISK CONTROLS AND RISK DIVERSIFICATION.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$142,246ExpenseAmt
Revenue$172,500RevenueAmt
DescINFLUENCING THE DEVELOPMENT OF NEW RISK DISCLOSURES, AS THEY MAY BE REQUIRED BY REGULATORY BODIES, BY DEVELOPING CONSIDERED RESPONSES TO SUCH REGULATORY PROPOSALS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$284,492TotalProgramServiceExpensesAmt
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document3IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members35GoverningBodyVotingMembersCnt
Independent Voting Member35IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd
OtherYes (X)OtherInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GEOFF CRADDOCKBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2127014002PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15 FAN PIER BLVD UNIT 2012AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02210ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (2 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
KLAUS DIEM
CHAIRPERSON1.00Yes (X)Yes (X)$0$0$0
GEOFF CRADDOCK
TREASURER1.00Yes (X)Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescMEMBERSHIP DUESDesc
Business541900BusinessCd
Total Revenue Column$345,000TotalRevenueColumnAmt
Related Or Exempt Func Income$345,000RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$345,000TotalProgramServiceRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMEMBER LATE PAYMENT FEDesc
Business541900BusinessCd
Total Revenue Column$320TotalRevenueColumnAmt
Related Or Exempt Func Income$320RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$320OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$345,320TotalRevenueColumnAmt
Related Or Exempt Func Income$345,320RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$338,302TotalAmt
Program Services$169,151ProgramServicesAmt
Management And General$169,151ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$35,320TotalAmt
Program Services$26,490ProgramServicesAmt
Management And General$8,830ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$4,800TotalAmt
Management And General$4,800ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$51,179TotalAmt
Program Services$25,590ProgramServicesAmt
Management And General$25,589ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
COMMITTEE EXPENSES$73,093$63,261$9,832
DUES AND SUBSCRIPTIONS$3,257$3,257
MISCELLANEOUS$517$517

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$506,468TotalAmt
Program Services$284,492ProgramServicesAmt
Management And General$221,976ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$718,093BOYAmt
EOY$562,869EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$16,980BOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$735,073BOYAmt
EOY$562,869EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$97,341BOYAmt
EOY$86,285EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$97,341BOYAmt
EOY$86,285EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$637,732BOYAmt
EOY$476,584EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$637,732BOYAmt
EOY$476,584EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$735,073BOYAmt
EOY$562,869EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$161,148ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART I, LINE 1SEEK ALIGNMENT OF REGULATORY REQUIREMENTS IN NORTH AMERICA WITH INSURANCE INDUSTRY SOUND PRACTICES IN RISK MANAGEMENT, AND HARMONIZATION OF THESE REQUIREMENTS ACROSS JURISDICTIONS. SEEK ALIGNMENT OF RATING AGENCY CAPITAL AND LIQUIDITY ASSESSMENTS WITH SOUND PRACTICES IN RISK MANAGEMENT, AND HARMONIZATION OF THESE REQUIREMENTS ACROSS JURISDICTIONS.
FORM 990, PART III, LINE 1SEEK ALIGNMENT OF REGULATORY REQUIREMENTS IN NORTH AMERICA WITH INSURANCE INDUSTRY SOUND PRACTICES IN RISK MANAGEMENT, AND HARMONIZATION OF THESE REQUIREMENTS ACROSS JURISDICTIONS. SEEK ALIGNMENT OF RATING AGENCY CAPITAL AND LIQUIDITY ASSESSMENTS WITH SOUND PRACTICES IN RISK MANAGEMENT, AND HARMONIZATION OF THESE REQUIREMENTS ACROSS JURISDICTIONS.
FORM 990, PART VI, SECTION A, LINE 6LINE 6 EXPLANATION - THE ORGANIZATION HAS MEMBERS. ANY INDIVIDUAL WHO IS A CHIEF RISK OFFICER OF A QUALIFYING INSURANCE GROUP MAY BECOME A MEMBER OF THE ORGANIZATION AFTER A DETERMINATION BY THE ORGANIZATION'S BOARD OF DIRECTORS THAT SUCH INDIVIDUAL MEETS THE QUALIFICATIONS SET FORTH BY THE ORGANIZATION'S BYLAWS.
FORM 990, PART VI, SECTION A, LINE 7ALINE 7A EXPLANATION - THE ORGANIZATION'S MEMBERS HAVE THE POWER TO ELECT MEMBERS TO THE ORGANIZATION'S GOVERNING BODY.
FORM 990, PART VI, SECTION A, LINE 7BLINE 7B EXPLANATION - THE ORGANIZATION'S MEMBERS HAVE THE RIGHT TO APPROVE CHANGES TO THE GOVERNING DOCUMENTS.
FORM 990, PART VI, SECTION B, LINE 11BLINE 11B EXPLANATION - A COPY OF THE TAX RETURN, FORM 990, IS PROVIDED TO THE GOVERNING BODY OF THE ORGANIZATION FOR THEIR REVIEW PRIOR TO THE TAX RETURN BEING FILED WITH THE TAXING AUTHORITIES.
FORM 990, PART VI, SECTION B, LINE 12CEACH DIRECTOR AND OFFICER OF THE ORGANIZATION IS REQUIRED TO ANNUALLY SIGN A STATEMENT THAT THEY ARE IN COMPLIANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY.
FORM 990, PART VI, SECTION C, LINE 18THE ORGANIZATION MAKES ITS TAX RETURNS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
FORM 990, PART VI, SECTION C, LINE 19NO OTHER DOCUMENTS AVAILABLE TO THE PUBLIC
FORM 990, PART IX, LINE 11GOTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 25,590. MANAGEMENT AND GENERAL EXPENSES 25,589. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 51,179.