Pennsylvania Property And Casualty Insurance Guaranty Association

Organization Overview

Pennsylvania Property And Casualty Insurance Guaranty Association is located in Philadelphia, PA. The organization was established in 1974. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2021, Pennsylvania Property And Casualty Insurance Guaranty Association employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pennsylvania Property And Casualty Insurance Guaranty Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Pennsylvania Property And Casualty Insurance Guaranty Association generated $35.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.1% each year . All expenses for the organization totaled $9.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

REFER TO FORM 990, PART III, LINE 1

Describe the Organization's Program Activity:

Part 3 - Line 4a

DURING THE YEAR, THE PENNSYLVANIA PROPERTY & CASUALTY INSURANCE GUARANTY ASSOCIATION PROVIDED PAYMENT OF COVERED CLAIMS UNDER CERTAIN PROPERTY AND CASUALTY INSURANCE POLICIES TO AVOID EXCESSIVE DELAY IN PAYMENT OF SUCH CLAIMS AND TO AVOID FINANCIAL LOSS TO CLAIMANTS OR POLICYHOLDERS AS A RESULT OF THE INSOLVENCY OF AN INSURER IN ACCORDANCE WITH TITLE 40 - INSURANCE P.S. 991.1801 ET SEQ OF THE PENNSYLVANIA STATUTE.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Reilly Janiczek Mcdevitt Henrich & Chold
Legal Services
$582,142
Dickie Mc Camey & Chilcote Pc
Legal Services
$345,310
Marshall Dennehey Warner Coleman & Goggi
Legal Services
$332,563
Naulty Scaricamazza & Mcdevitt Llc
Legal Services
$308,236
Young Ricchiuti Caldwell & Heller Llc
Legal Services
$300,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$35,152,504
Investment income $905,442
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$285,105
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $35,772,841

Create an account to unlock the data you need.

or