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ACORD CORPORATION

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Public IRS 990 nonprofit record

ACORD CORPORATION

EIN 13-2940919 · Science & Technology (U)

What they do

THE ASSOCIATION for COOPERATIVE OPERATIONS RESEARCH and DEVELOPMENT ("ACORD") is A NOT-FOR-PROFIT CORPORATION ORGANIZED to PROMOTE THE INTERESTS of and IMPROVE THE EFFICIENCY and EFFECTIVENESS of ALL TRADING PARTNERS WITHIN THE VARIOUS SEGMENTS of THE INSURANCE and PROMOTING THE INTERESTS of and IMPROVING THE EFFICIENCY and EFFECTIVENESS of ALL TRADING PARTNERS WITHIN THE VARIOUS SEGMENTS of THE INSURANCE and RELATED FINANCIAL SERVICES INDUSTRIES BY DEVELOPING STANDARDS, SPECIFICATIONS, and RELATED IMPLEMENTATIONS TOOLS for THE ELECTRONIC EXCHANGE of INFORMATION and OTHER INFORMATION PROCESSING. ACORD ALSO SERVES THE PUBLIC INTEREST and THE INTERESTS of CONSUMERS of INSURANCE and RELATED FINANCIAL SERVICES THROUGH ANALYSIS, EDUCATION, STANDARDS SETTING and RESEARCH & DEVELOPMENT ACTIVITIES CONCERNING THE ELECTRONIC EXCHANGE of INFORMATION and OTHER INFORMATION PROCESSING.

Before you give

Are they doing good?

Easy charity check
Good signs so far

The public paperwork has several good signs. Now check whether the charity can show who it helped.

Here is the honest answer: A tax form shows money and paperwork. It cannot prove that people, animals, or the community were truly helped.

Good signs we looked for

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders33 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$41.51spent for every $100 of revenueRevenue covered expenses this year.
$7.67in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $2,932,829 for WILLIAM PIERONI (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Good paperwork is a good sign—not proof. The best answer comes when the charity can show what it changed, who it helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$35,623,774
Expenses$14,787,390
Annual surplus $20,836,384 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$35,623,774
Expenses$14,787,390
Assets$113,372,518
Income$51,020,709
Stocks and bonds$38,855,817
Accounting fees$140,009
Investing fees$50,000
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
WILLIAM PIERONIPRESIDENT & CEO · 40 hrs/week $2,932,829Base $2,818,061 · Other $114,768
TANYA J KROCHTACOO · 40 hrs/week $748,475Base $630,292 · Other $118,183
MARIA LOURDES SORIANO SVPEDUCATION, CONSULTING & ADVOCACY · 40 hrs/week $417,760Base $336,183 · Other $81,577
DAVID STERNERSVP, RESEARCH & DEVELOPMENT · 40 hrs/week $362,814Base $294,964 · Other $67,850
MICHAEL DI STEPHANSVP GOVERNMENT AFFAIRS & GEN. COUNSEL · 40 hrs/week $324,222Base $239,191 · Other $85,031
LISA PLUNKETTSVP OF FINANCE & OPERATIONS · 40 hrs/week $317,839Base $221,704 · Other $96,135
ANDREW J ZUCKERMAN SVPGOVT. AFFAIRS THRU 02/29/2024 · 40 hrs/week $317,646Base $262,194 · Other $55,452
SEAN STEWARTVP COMMUNICATIONS · 40 hrs/week $306,445Base $213,844 · Other $92,601
KAREN MOTTLEYBUSINESS ARCHITECT, L&A · 40 hrs/week $215,239Base $152,465 · Other $62,774
YOLANDA AUSTINSENIOR DIRECTOR, L&A · 40 hrs/week $207,915Base $156,504 · Other $51,411
RICHARD FLYNNVP COMMUNICATIONS · 40 hrs/week $204,471Base $167,015 · Other $37,456

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (33)

WILLIAM PIERONIPRESIDENT & CEO

TANYA J KROCHTACOO

MARIA LOURDES SORIANO SVPEDUCATION, CONSULTING & ADVOCACY

DAVID STERNERSVP, RESEARCH & DEVELOPMENT

MICHAEL DI STEPHANSVP GOVERNMENT AFFAIRS & GEN. COUNSEL

LISA PLUNKETTSVP OF FINANCE & OPERATIONS

ANDREW J ZUCKERMAN SVPGOVT. AFFAIRS THRU 02/29/2024

SEAN STEWARTVP COMMUNICATIONS

KAREN MOTTLEYBUSINESS ARCHITECT, L&A

YOLANDA AUSTINSENIOR DIRECTOR, L&A

RICHARD FLYNNVP COMMUNICATIONS

CLYDE BERNSTEINDIRECTOR

ABEL TRAVISDIRECTOR

BILL DEVINEDIRECTOR THRU 03/27/2024

VENKAT KRISHNAMOORTHYDIRECTOR

BOB JAMESDIRECTOR

CHARLES SYMINGTONDIRECTOR

ROBERT RUSBULDTDIRECTOR THRU 01/19/2024

ROBERT KELLYCHAIR

RICHARD BRAMEDIRECTOR

PAUL LEHMANNDIRECTOR

PATRICK MOLINEUXDIRECTOR

DR RALF SCHNEIDERDIRECTOR THRU 01/19/2024

MICHAEL JONESDIRECTOR

MARK KNIPFERDIRECTOR THRU 01/19/2024

COLLEEN BATMANDIRECTOR

DAVE MATCHAM FCIIDIRECTOR

KIRK BEHRENSDIRECTOR

KEVIN TOBINVICE-CHAIR

DR CHRISTIAN SCHAFFERDIRECTOR

JOHN KELLINGTONDIRECTOR

JENNIFER KYUNGDIRECTOR

IAN HAYCOCKDIRECTOR THRU 01/19/2024

About this charity

Recognized since
January 1979
Location
150 CLOVE ROAD 11TH FLOOR, LITTLE FALLS, NJ 07424
County
Passaic
In care of
TANYA KROCHTA
Primary officer
TANYA KROCHTA, EVP & CHIEF ADMIN. OFFICER

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
PKF OCONNOR DAVIES ADVISORY LLC
NTEE classification
Science & Technology (U)
IRS tax category
Science & Technology

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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