Pennsylvania Self-Insurers Association
- Assets
- $772.0k
- Revenue
- $124.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Phoenixville, PA
- Founding
- 09/1946
- Data as of
- 12/2021
- EIN
- 23-6282770
Organization Overview
Pennsylvania Self-Insurers Association is located in Phoenixville, PA. The organization was established in 1946. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pennsylvania Self-Insurers 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 Self-Insurers Association generated $124.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $61.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE AND PROTECT INTERESTS OF THE SELF INSURED THROUGH EDUCATION, TRAINING, AND ASSISTING OF SELF-INSURED COMPANIES TO FOSTER EXCELLENCE IN ADMINISTRATION OF WORKER'S COMPENSATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEMINARS, ROUNDTABLE DISCUSSION AND NEWSLETTER TO EDUCATE AND TRAIN SELF- INSURED COMPANIES TO FOSTER EXCELLENCE IN ADMINISTRATION OF WORKER'S COMPENSATION.
CONTRIBUTION TO ORGANIZATION WHO AWARDS SCHOLARSHIPS TO CHILDREN WHO'S PARENT WAS KILLED OR INJURED IN A WORK-RELATED ACCIDENT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Galterio Vice Preside | OfficerTrustee | $0 | |
Jane Lamb President | OfficerTrustee | $0 | |
Michael Nanney Secretary/tr | OfficerTrustee | $0 | |
Joseph Romano ESQ Director | Trustee | $0 | |
Ted Fricker Director | Trustee | $0 | |
Richard Graham Director | Trustee | $0 |
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 | $35,409 |
| Investment income | $14,103 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $75,241 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $124,753 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $21,339 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,050 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,273 |
| Information technology | $438 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,112 |
| All other expenses | $0 |
| Total functional expenses | $61,660 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,253 |
| Savings and temporary cash investments | $23,454 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $710,296 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $772,003 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $772,003 |
| Total liabilities and net assets/fund balances | $772,003 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cement Masons-592 Welfare Fund Philadelphia, PA | $28,352,479 | $12,285,764 |
Pennsylvania Property And Casualty Insurance Guaranty Association Philadelphia, PA | $159,227,112 | $35,772,841 |
Itpe-Meba Nmu Annual Benefit Fund Cranford, NJ | $11,873,942 | $10,884,935 |
Pittsburgh Building Owners Welfare Fund Pittsburgh, PA | $5,835,714 | $9,211,628 |
American Mutual Share Insurance Corp & Subsidiaries Dublin, OH | $356,642,183 | $10,357,280 |
Builders Exchange Benefit Plan Trust Valley View, OH | $8,146,430 | $9,209,306 |
Property & Casualty Insurance Guaranty Corporation Towson, MD | $24,268,806 | $4,102,215 |
House Staff Benefits Plan Of The Cir Long Island City, NY | $16,739,993 | $8,532,681 |
Canton Electrical Welfare Fund Canfield, OH | $20,317,325 | $9,164,122 |
Freelancers Consumer Operated And Oriented Program Of New Jersey Inc Cedar Knolls, NJ | $64,066,743 | $67,961,148 |
Pmta-Ila Vacation Fund Cherry Hill, NJ | $9,587,968 | $9,347,330 |
Electricians Welfare Fund-No 81 Scranton, PA | $15,969,478 | $8,238,937 |