2025-11-13T22:02:11-06:00 2024-12-31 PWC US TAX LLP 2001 MARKET ST SUITE 1800 PHILADELPHIA PA 19103 990 2024-07-01 561526114 INSURANCE ACCOUNTING AND SYSTEMS ASSOCIATION INC % DOUG HYMAS INSU 6106442100 720 PROVIDENCE ROAD MALVERN PA 193550716 PETER MILLER PRESIDENT & CEO 6106442100 2025-11-11 true true ALBERT N ANTONELLI P01496650 2673303000 2025-11-08 2024 2025-03-06 01:10:19Z PETER MILLER 720 PROVIDENCE ROAD MALVERN PA 193550716 394425 false 1945 X IASA.ORG X 1986 NC TO SHAPE, INFLUENCE, ELEVATE AND STRENGTHEN THE INSURANCE INDUSTRY THROUGH PROFESSIONAL GROWTH. 4 0 0 70 0 0 0 0 1077709 258760 36648 0 89718 135665 1204075 394425 0 0 0 0 251754 0 0 0 0 2001134 2003300 2252888 2003300 -1048813 -1608875 92464 24593 1550482 3091486 -1458018 -3066893 X THE IASA COMMUNITY ACCELERATES PROFESSIONAL GROWTH TO SHAPE, INFLUENCE, ELEVATE AND STRENGTHEN THE INSURANCE INDUSTRY. SEE IASA WEBSITE FOR UPDATED VISION AND WHAT WE DO. HTTPS://WWW.IASA.ORG/ABOUT-US/ false false 1587246 394425 IASA IS A NON-PROFIT 501(C)(3) THAT CONTINUOUSLY FOSTERS AN ENVIRONMENT OF SELFLESS ENGAGEMENT, INCLUSIVITY, AND CONVICTION, AS WELL AS ADVANCES CAREERS AND THE PERSONAL GROWTH OF OUR MEMBERS AND CONSTITUENTS. WE PRODUCE THE BEST EDUCATION AND LEARNING OPPORTUNITIES IN AN OPEN AND SHARING ENVIRONMENT THROUGH OUR EXCEPTIONAL LEADERSHIP THAT PROMOTES EXCELLENCE, COLLABORATION, INNOVATION, AND COMMUNITY ENGAGEMENT. 1587246 true false false false false false false false false false false false false false false true false true false false false false false false false false false false false true false false false false false false false false false false false false false true true true true false true 0 0 0 false false false false false false false false false false false false X 4 0 false false false false true true true true true false true true true true true true true true false false false X DOUG HYMAS 6106442100 720 PROVIDENCE ROAD MALVERN PA 193550716 PETER L MILLER CHAIRMAN 2.0 51.0 X X 0 2965200 244092 KATHERINE HOROWITZ SECRETARY 2.0 51.0 X X 0 1005941 64978 JEFFREY A SCHEIDT TREASURER 2.0 51.0 X X 0 533367 69178 SPENSER VILLWOCK DIRECTOR 2.0 51.0 X 0 415255 56602 0 4919763 434850 0 false true false AICPCU 720 PROVIDENCE ROAD MALVERN PA 19355 SHARED RESOURCES 1910535 1 0 EDUCATION EVENTS 611710 27682 27682 MEMBERSHIP DUES 611710 231078 231078 258760 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CHAPTER ADMINISTRATION 900099 43305 43305 MISCELLANEOUS 900099 92360 92360 135665 394425 394425 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 72158 0 72158 0 0 0 0 0 0 0 0 0 0 SHARED RESOURCE SERVICES 1910535 1566639 343896 EDUCATION RELATED 20607 20607 2003300 1587246 416054 0 92464 24593 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 92464 24593 1327239 2576253 0 0 223243 515233 0 0 0 0 0 0 0 0 0 0 0 0 1550482 3091486 X -1458018 -3066893 0 0 -1458018 -3066893 92464 24593 -1608875 X false true X true false X 208594 163770 0 0 0 372364 664104 1154990 1444158 1077709 258760 4599721 82590 953911 0 0 0 1036501 0 0 955288 2272671 1444158 1077709 258760 6008586 0 0 53579 84254 10870 40888 189591 0 53579 84254 10870 40888 189591 5818995 41086 58630 29214 25247 0 154177 0 41086 58630 29214 25247 0 154177 0 1144752 42048 105693 71843 135665 1500001 2141126 2373349 1579065 1174799 394425 7662764 0.75939 0.79218 0.02012 0.02488 X 0 0 X SCHEDULE D, PART X, LINE 2 THE INSTITUTES IS A NONPROFIT ORGANIZATION AND MEETS THE GUIDELINES OF TAX-EXEMPT ORGANIZATIONS UNDER THE APPLICABLE SECTIONS OF THE INTERNAL REVENUE CODE AS STATED IN NOTE 1. THE INSTITUTES FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. GENERALLY, THE INSTITUTES ARE NO LONGER SUBJECT TO INCOME TAX EXAMINATION BY THE U.S. FEDERAL OR STATE TAX AUTHORITIES FOR YEARS BEFORE 2021. MANAGEMENT BELIEVES THAT EACH ENTITY HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE INSTITUTES WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. false true false false false false false false false PETER L MILLER CHAIRMAN 0 1372352 0 1200000 0 392848 0 230199 0 13893 0 3209292 130157 KATHERINE HOROWITZ SECRETARY 0 605581 0 400000 0 360 0 49833 0 15145 0 1070919 JEFFREY A SCHEIDT TREASURER 0 404806 0 125000 0 3561 0 55199 0 13979 0 602545 SPENSER VILLWOCK DIRECTOR 0 329427 0 85000 0 828 0 42623 0 13979 0 471857 FORM 990, SCHEDULE J, PART I, LINE 3 AS PROVIDED IN THE FORM 990, SCHEDULE J INSTRUCTIONS, SINCE THE ORGANIZATION RELIES ON A RELATED ORGANIZATION, WHICH USES ONE OR MORE OF THE METHODS DESCRIBED ON LINE 3 TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION, THIS QUESTION HAS BEEN LEFT UNANSWERED. REFER TO SCHEDULE O FOR A DESCRIPTION OF THE COMPENSATION REVIEW AND APPROVAL PROCESS. FORM 990, SCHEDULE J, PART I, LINE 4B A RELATED ORGANIZATION, THE AMERICAN INSTITUTE FOR CHARTERED PROPERTY CASUALTY UNDERWRITERS, MAINTAINS A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN (THE "PLAN") SUBJECT TO INTERNAL REVENUE CODE SECTION 457(F). UNDER THE PLAN, THE ENTIRE ACCRUED BENEFIT BECOMES 100% VESTED AFTER 3 YEARS OF SERVICE. PARTICIPANTS MUST REMAIN IN THE CONTINUOUS EMPLOYMENT FOR TWELVE (12) CONSECUTIVE MONTHS TO RECEIVE CREDIT FOR ONE (1) YEAR OF SERVICE. AN ACCRUED BENEFIT UNDER THE PLAN SHALL BE DISTRIBUTED ON THE DATE OR DATES ON WHICH THE ACCRUED BENEFIT BECOMES VESTED. TERMINATION OF SERVICES WILL RESULT IN FORFEITURE. PETER MILLER ACCRUED A BENEFIT OF $175,000 UNDER THE PLAN DURING CALENDAR YEAR 2024 AND THIS AMOUNT IS INCLUDED ON SCHEDULE J, PART II. ADDITIONALLY, MR. MILLER RECEIVED A DISTRIBUTION FROM THE PLAN IN THE AMOUNT OF $390,472, WHICH REPRESENTS THE AMOUNT THAT BECAME VESTED IN 2024. THIS AMOUNT IS INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III). FORM 990, PART VI, SECTION A, LINE 1A EFFECTIVE OCTOBER 11, 2023, THE AMERICAN INSTITUTE FOR CHARTERED PROPERTY CASUALTY UNDERWRITERS ("THE INSTITUTES") AND THE INSURANCE ACCOUNTING AND SYSTEMS ASSOCIATION INC. ENTERED INTO AN AFFILIATION AGREEMENT AND A SHARED RESOURCES AGREEMENT ("SRA"). THE INSTITUTES PROVIDES MANAGEMENT AND ADMINISTRATIVE SERVICES TO THE INSURANCE ACCOUNTING AND SYSTEMS ASSOCIATION INC. IN ACCORDANCE WITH WRITTEN BYLAWS, OPERATING GUIDELINES AND PROCEDURES, BUDGET, AND PROVIDES CERTAIN SERVICES AS PRESCRIBED BY THE SRA. FORM 990, PART VI, SECTION A, LINE 6 THERE SHALL BE 6 (SIX) CLASSES OF IASA INDIVIDUAL PROFESSIONAL MEMBERSHIP: AFFILIATE - US AND CANADA, AFFILIATE - INTERNATIONAL, CORPORATE, EARLY CAREER, STUDENT AND EMERITUS. THERE SHALL BE 3 (THREE) CLASSES EACH FOR SOLUTION-PROVIDERS AND FOR INSURANCE CARRIERS. DECLARATION OF MEMBERSHIP CLASS SHALL BE MADE BY THE INDIVIDUAL, CONFIRMING THAT THEY SPEND 51% OR MORE OF THEIR TIME IN THEIR DESIGNATED MEMBERSHIP CLASS. FORM 990, PART VI, SECTION A, LINES 7A AND 7B THE INSURANCE ACCOUNTING AND SYSTEMS ASSOCIATION INC.'S INSTITUTIONAL MEMBER, THE INSTITUTES, APPOINTS THE DIRECTORS OF THE INSURANCE ACCOUNTING AND SYSTEMS ASSOCIATION INC. AND APPROVES ANY EXTRAORDINARY ACTIVITIES (MERGERS, DISSOLUTIONS, ETC.). PROFESSIONAL MEMBERS HAVE NO RIGHTS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY A THIRD-PARTY ACCOUNTING FIRM AND REVIEWED BY MANAGEMENT. THE FORM 990 WAS PROVIDED TO THE AUDIT AND ORGANIZATION AND COMPENSATION COMMITTEES OF THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES ("COVERED OFFICIALS") ON AN ANNUAL BASIS. EACH COVERED OFFICIAL MUST COMPLETE AN ANNUAL CONFLICT OF INTEREST STATEMENT OF DISCLOSURE. IF A CONFLICT IS IDENTIFIED, IT IS EVALUATED AND MAY BE APPROVED IF IT IS DETERMINED TO BE JUST, FAIR, AND REASONABLE TO THE ORGANIZATION. IF IT IS DETERMINED THAT THE CONFLICT IS NOT JUST, FAIR, AND REASONABLE TO THE ORGANIZATION, APPROPRIATE ACTION IS TAKEN TO ELIMINATE THE CONFLICT, WHICH CAN INCLUDE ASKING THE INDIVIDUAL TO END A CONFLICTING BUSINESS ARRANGEMENT, RETURN REMUNERATION TO THE ORGANIZATION, OR OTHERWISE DISCONTINUE THE ARRANGEMENT CAUSING THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THIS ORGANIZATION IS AN AFFILIATE OF THE AMERICAN INSTITUTE FOR CHARTERED PROPERTY CASUALTY UNDERWRITERS ("THE INSTITUTES"). COMPENSATION ARRANGEMENTS INVOLVING ANY OF THE ORGANIZATION'S OFFICERS AND/OR KEY EMPLOYEES ARE ESTABLISHED BY THE INSTITUTES PURSUANT TO A PROCESS THAT SATISFIES THE REBUTTABLE PRESUMPTION PROCEDURE AVAILABLE FOR IRC SECTION 4958 EXCESS BENEFIT TRANSACTION TAX PURPOSES, WHICH REQUIRES A REVIEW OF COMPENSATION DETERMINATIONS BY DISINTERESTED PERSONS, USE OF APPROPRIATE COMPARABILITY DATA, AND CONTEMPORANEOUS DOCUMENTATION OF THE PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. AICPCU 720 PROVIDENCE ROAD MALVERN PA 19355 231352012 EDUCATION PA 501(C)(3) 10 NA false GRIFFITH INSURANCE EDUCATION FOUNDATION 720 PROVIDENCE ROAD MALVERN PA 19355 316052801 EDUC&SCHOLAR OH 501(C)(3) 10 AICPCU false SOCIETY OF CHARTERED PROPERTY & CASUALTY 720 PROVIDENCE ROAD MALVERN PA 19355 231552247 MEMBER ASSOC. 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