2024-09-30T00:26:30-05:00 2023-12-31 232108173 RKL LLP 1330 BROADCASTING ROAD WYOMISSING PA 196106008 990 2023-01-01 232209285 PENNSYLVANIA SURPLUS LINES ASSOCIATION PENN 6105941340 180 SHEREE BOULEVARD EXTON PA 19341 MARIE E RUDERT EXECUTIVE DIRECTOR 6105941340 2024-09-26 1 0 RUTHANN J WOLL CPA P00647342 6103761595 2024-09-26 2023 2024-10-15 13:58:12Z MARIE E RUDERT 180 SHEREE BOULEVARD EXTON PA 19341 2926873 0 X WWW.PASLA.ORG X 1982 PA REPRESENT INTERESTS OF RESIDENT AND NON-RESIDENT SURPLUS LINES LICENSEES TRANSACTING BUSINESS IN PA 8 8 9 8 0 0 0 0 2657730 2799470 39671 125469 0 0 2697401 2924939 76100 141080 0 0 944068 988923 0 0 0 958431 1114892 1978599 2244895 718802 680044 8302613 8763320 672250 452913 7630363 8310407 OUR MISSION IS TO SERVE PENNSYLVANIA'S INSURANCE CONSUMERS, LICENSEES, AND REGULATORS THROUGH FAIR AND EFFICIENT SUPPORT OF THE SURPLUS LINES INSURANCE INDUSTRY. 0 0 2244895 141080 2799470 THE PENNSYLVANIA SURPLUS LINES ASSOCIATION WAS AWARDED A CONTRACT FROM THE PENNSYLVANIA INSURANCE DEPARTMENT (PID) TO DEVELOP AND MAINTAIN AN ELECTRONIC DATABASE OF STATISTICAL DATA ENTERED BY THE LICENSEES. IN ADDITION, THE PSLA SERVES AS AN ADVISORY ORGANIZATION WITH PID FOR PURPOSES OF ADVISING AND CONSULTING ON MATTERS CONCERNING THE SURPLUS LINES MARKET IN PENNSYLVANIA. PSLA PROVIDES TRAINING AND EDUCATION TO ALL LICENSEES. PSLA IS ALSO A VOLUNTARY MEMEBERSHIP FOR PRODUCERS, LICENSEES, INSURANCE CARRIERS AND OTHER INTERESTED PARTIES CONCERNED IN GAINING GREATER KNOWLEDGE OF THE SURPLUS LINES MARKETPLACE. THE ASSOCIATION PROVIDED SERVICES TO 2,706 AGENCIES DURING 2023. 2244895 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 9 1 0 0 0 0 0 0 0 0 X 8 8 1 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 1 0 0 X MEGAN STINE 6105941340 180 SHEREE BOULEVARD SUITE 3100 EXTON PA 19341 LINDA BOBRO PRESIDENT 2.00 X X 0 0 0 MISSY GREENBERG VICE PRESIDENT 2.00 X X 0 0 0 GERALD HENNER TREASURER 2.00 X X 0 0 0 MARY MARINES SECRETARY 2.00 X X 0 0 0 BARRY KAUFFMANN BOARD MEMBER 2.00 X 0 0 0 HARRY KING IV BOARD MEMBER 2.00 X 0 0 0 JUDITH KLINGERMAN BOARD MEMBER 2.00 X 0 0 0 DIANNE SPRAGUE BOARD MEMBER 2.00 X 0 0 0 MARIE RUDERT EXECUTIVE DIRECTOR 37.50 X 191761 0 29314 MEGAN STINE CHIEF FINANCIAL OFFICER 37.50 X 148811 0 15687 340572 0 45001 2 0 1 0 LIM NORRIS CONSULTING GROUP 12 FOX HUNT CIRCLE PLYMOUTH MEETING PA 19462 IT SERVICES 778895 RICHO USA INC 300 EDGEVIEW BLVD STE 200 EXTON PA 19341 IT SERVICES 198396 CORPORATE FACILITIES OF NJ 7001 N PARK DR PENNSAUKEN NJ 08109 OFFICE FURNITURE 143547 3 STAMPING FEES 524298 2799470 2799470 2799470 124456 124456 2947 1934 1013 1013 1013 2924939 2799470 0 125469 141080 141080 385975 385975 399291 399291 34080 34080 110655 110655 58922 58922 53863 53863 53816 53816 41571 41571 53487 53487 543968 543968 141888 141888 15768 15768 31617 31617 136352 136352 34137 34137 DUES & SUBSCRIPTIONS 7118 7118 PROVISION FOR BAD DEBT 800 800 SLA WORKSHOPS 507 507 2244895 2244895 0 0 3532104 1615347 3519721 5668905 265099 215049 76043 59485 2702048 1854636 474353 847412 435293 357122 8302613 8763320 243864 86633 428386 366280 672250 452913 X 7630363 8310407 7630363 8310407 8302613 8763320 680044 0 X X 0 1 X 1 0 116193 88515 27678 288035 227767 60268 2297820 1538354 759466 847412 LEASE COMMITMENTS 366280 366280 X 2924939 0 2924939 0 2924939 2244895 0 2244895 0 2244895 PART X, LINE 2: THE ASSOCIATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501 (C)(6) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. FOR THE YEARS ENDED DECEMEBER 31, 2023 AND 2022, THE ASSOCIATION DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN AN INFORMATION RETURN WHICH WOULD REQUIRE ADJUSTMENT TO OR DISCLOSURE IN ITS FINANICAL STATEMENTS. ACCORDINGLY, THE ASSOCIATION HAS NOT RECORDED ANY RESERVES OR RELATED ACCRUALS FOR INTEREST AND PENALTIES AT DECEMBER 31, 2023 AND 2022. IN ADDITION, THE ASSOCIATION BELIEVES IT HAS NOT ENGAGED IN ANY ACTIVITIES FOR WHICH ITS TAX-EXEMPT STATUS WOULD BE SUSTAINED UNDER EXAMINATION. THE ASSOCIATION'S INFORMATION RETURNS FOR THE PAST THREE YEARS ARE GENERALLY OPEN FOR EXAMINATION BY THE U.S. FEDERAL, STATE, AND LOCAL TAXING AUTHORITIES. 1 WSIA 4131 N MULBERRY 200 KANSAS CITY MO 64116 860140772 501(C)(3) 20000 0 EDUCATION PENN STATE UNIVERSITY 209 K BUS BLDG UNIVERSITY PARK PA 16802 246000376 501(C)(3) 30000 0 EDUCATION GANNON UNIVERSITY 109 UNIVERSITY SQR ERIE PA 16541 250496976 501(C)(3) 30000 0 EDUCATION ST JOSEPH'S UNIVERSITY 5600 CITY AVE PHILADELPHIA PA 19131 231352674 501(C)(3) 30000 0 EDUCATION TEMPLE UNIVERSITY 2450 W HN PARK AVE PHILADELPHIA PA 19129 231365971 501(C)(3) 30000 0 EDUCATION 5 0 PART I, LINE 2: GRANT MONEY IS PROVIDED TO PUBLIC CHARITIES. X X X X 0 0 0 MARIE RUDERT EXECUTIVE DIRECTOR 186111 0 5650 0 0 0 17356 0 11958 0 221075 0 0 0 MEGAN STINE CHIEF FINANCIAL OFFICER 144411 0 4400 0 0 0 13491 0 2196 0 164498 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 MARY MARINES AND HARRY KING IV HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FULL RESIDENT AND NON-RESIDENT MEMBERS HAVE FULL VOTING RIGHTS. BRANCH OFFICE RESIDENT AND BRANCH OFFICE NON-RESIDENT MEMBERS, AS WELL AS ASSOCIATE SUPPORTING MEMBERS, HAVE NO VOTING RIGHTS. SUPPORTING MEMBERS HAVE NO VOTING RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A ONLY RESIDENT AND NON-RESIDENT FULL MEMBERS HAVE THE POWER TO ELECT OR APPOINT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 8B ALL COMMITTEES OF THE ASSOCIATION CONTEMPORANEOUSLY DOCUMENT MEETINGS HELD. NONE OF THE ASSOCIATION'S COMMITTEES HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B AT LEAST THIRTY (30) DAYS BEFORE FORM 990 IS FILED WITH THE IRS, IT WILL BE DISSEMINATED TO THE BOARD OF GOVERNORS VIA EMAIL FOR REVIEW, COMMENTS AND QUESTIONS. ANY QUESTIONS AND COMMENTS ARE DIRECTED TO THE EXECUTIVE DIRECTOR WITHIN FIFTEEN (15) DAYS OF RECEIPT. THE EXECUTIVE DIRECTOR WILL RESPOND TO ALL COMMENTS AND/OR DEFER TO THE CPA FIRM PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY WAS ADOPTED IN JANUARY 2010. A DIRECTOR'S AND OFFICER'S FIDUCIARY RESPONSIBILITY FORM IS COMPLETED AND FILED WITH THE ORGANIZATION ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE ASSOCIATION CONTRACTS AN INDEPENDENT HR CONSULTANT WHO PROVIDES COMPARABLE SALARY DATA FOR THE EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER POSITIONS. NO BOARD MEMBER RECEIVED COMPENSATION. THERE ARE NO KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: NO CHANGE IN OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.