Fiat Lux Risk and Insurance Company
Washington, DC · EIN 46-1828839 · Mutual and membership benefit · Rank 811 by total revenue
The purpose of Fiat Lux is to finance the University of California's self insured retentions, to purchase reinsurance directly, and to issue to the university of California's certain bespoke insurance policies.
Money, Form 990 for tax year 2024
- Total revenue
- $842,304,486
- Total expenses
- $705,421,567
- Total assets
- $2,565,268,796
- Salary base (all salaries and wages)
- not reported
- Salaries, other pay and benefits
- $0
- Employees
- not reported
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (9)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Nathan Brostrom | Director/Chair/CFO | Board, Officer | 3 | $694,588 |
| Kevin A Confetti | Director/President | Board, Officer | 4 | $415,183 |
| Norman L Hamill | Director/SECRETARY | Board, Officer | 2 | $374,881 |
| Chris C Harrington | ASST. SECRETARY | Officer | 2 | $349,123 |
| Michael Drake | DIRECTOR | Board | 1 | $1,340,658 |
| Rachael Nava | Director | Board | 4 | $618,349 |
| Michael Beck | Director | Board | 4 | $601,614 |
| Peter Taylor | Director | Board | 1 | None reported |
| Ron Cortez | Director | Board | 1 | None reported |
Top 10 paid people listed
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Michael Drake | DIRECTOR | Board | 1 | $0 | $1,269,259 | $71,399 | $1,340,658 |
| Nathan Brostrom | Director/Chair/CFO | Board, Officer | 3 | $0 | $589,974 | $104,614 | $694,588 |
| Rachael Nava | Director | Board | 4 | $0 | $508,198 | $110,151 | $618,349 |
| Michael Beck | Director | Board | 4 | $0 | $488,303 | $113,311 | $601,614 |
| Kevin A Confetti | Director/President | Board, Officer | 4 | $0 | $340,423 | $74,760 | $415,183 |
| Norman L Hamill | Director/SECRETARY | Board, Officer | 2 | $0 | $310,061 | $64,820 | $374,881 |
| Chris C Harrington | ASST. SECRETARY | Officer | 2 | $0 | $300,857 | $48,266 | $349,123 |
Sources
- IRS e-file return 202601279349301995 (Form 990, period ending 2025-06-30): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 46-1828839