Pennsylvania Surplus Lines Association

Not tax-deductible

Exton, PA501(c)(6)EIN 23-2209285Revenue $3.1M in FY2024

On file with the IRSpasla.org180 Sheree Blvd Ste 3100, 19341-1280 · Exton, PATax-exempt since Mar 1989

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Represent interests of resident and non-resident Surplus Lines licensees transacting business in PA

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
100¢ of each $1 spent went to programs.
Run by 8 volunteers and 8 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $657K a year · 24% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$354K
to officers and key staff · 15% of spending
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
39 mo
of spending, in cash
Looks good: 39.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$393K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.1M
+7% vs prior year
Spent
$2.4M
To programs
100%
Net assets
$9.1M
By yearFY2020–FY2024
Revenue
$3.1M
FY2024▲ +7%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.4M
FY2021$2.5M
FY2022$2.7M
FY2023$2.9M
FY2024$3.1M
Expenses
$2.4M
FY2024▲ +6%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.9M
FY2021$1.9M
FY2022$2.0M
FY2023$2.2M
FY2024$2.4M
Net assets
$9.1M
FY2024▲ +9%
Tap a bar for its year
Net assets by fiscal year
FY2020$6.3M
FY2021$6.9M
FY2022$7.6M
FY2023$8.3M
FY2024$9.1M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1989.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $2.4M

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990; $354K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$199,467Pt VII · Sec A
Chief Financial Officer
$154,799Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Marie Rudert$199,467$191,761$182,535$174,728$168,052
Megan Stine$154,799$148,811$147,014$135,847$127,511

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Pennsylvania Surplus Lines Association executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Advocates for surplus lines insurance licensees doing business in Pennsylvania.

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Provided by the organization

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1 program · $2.4M · in their own filed words · FY2024
01

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.

$2.4Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 20 grants · $345K · 2020–2023
Saint Joseph's UniversityPA · FY2023$30,000
Gannon UniversityPA · FY2023$30,000
Penn State UniversityFY2023$30,000
WsiaMO · FY2023$20,000
Saint Joseph's UniversityPA · FY2022$15,000
Gannon UniversityPA · FY2022$15,000
Penn State UniversityFY2022$15,000
WsiaMO · FY2022$15,000
WsiaMO · FY2021$15,000
Saint Joseph's UniversityPA · FY2021$12,500
Gannon UniversityPA · FY2021$12,500
Penn State UniversityFY2021$12,500
WsiaMO · FY2020$15,000
Saint Joseph's UniversityPA · FY2020$12,500
See all 20 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$3.1M
Ln 12
Fees for servicesLn 2g$2.9M
Investment incomeLn 3$242K
Money outPt IX
$2.4M
Ln 25
Programscol B$2.4M
Owns and owesPt X
$9.1M
net assets · Ln 32
Cash and savingsLn 1–2$7.8M
Total assetsLn 16$9.5M
LiabilitiesLn 26$393K
PeoplePt VI, VII
10
listed · VII A
PaidVII A2
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$2.9M
Investment incomeLn 3$242K
Total revenueLn 12$3.1M
Assets in detailPt X, end of year
CashLn 1$1.5M
SavingsLn 2$6.3M
Cash and savings togetherLn 1–2$7.8M
Land, buildings, equipmentLn 10c$1.0M
Other assetsLn 15$278K
Total assetsLn 16$9.5M
LiabilitiesLn 26$393K
Net assetsLn 32$9.1M
OperationsPt I, VI
EmployeesI 58
VolunteersI 68
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$7.3M$7.8M
Land, buildings, equipmentLn 10c$847K$1.0M
Total assetsLn 16$8.8M$9.5M
LiabilitiesLn 26$453K$393K
Net assetsLn 32$8.3M$9.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$161K$161K
Pay of current officers, directors and key staffLn 5$403K$403K
Other salaries and wagesLn 7$430K$430K
Pension plan contributionsLn 8$35K$35K
Other employee benefitsLn 9$130K$130K
Payroll taxesLn 10$59K$59K
Legal feesLn 11b$69K$69K
Accounting feesLn 11c$58K$58K
Other fees for servicesLn 11g$24K$24K
Office expensesLn 13$33K$33K
Information technologyLn 14$491K$491K
OccupancyLn 16$139K$139K
TravelLn 17$13K$13K
Conferences, conventions and meetingsLn 19$29K$29K
Depreciation, depletion and amortizationLn 22$269K$269K
InsuranceLn 23$36K$36K
Other expenses (24a–d)Ln 24$7K$7K
Total functional expensesLn 25$2.4M$2.4M$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $3.1M$2.4M$751K$9.1M 990 PDF
FY2023 $2.9M$2.2M$680K$8.3M 990 PDF
FY2022 $2.7M$2.0M$719K$7.6M 990 PDF
FY2021 $2.5M$1.9M$642K$6.9M 990 PDF
FY2020 $2.4M$1.9M$491K$6.3M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $3,135,362 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $2,799,470$2,893,665
I-10 Investment incomePrior year $125,469$241,697
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $2,924,939$3,135,362
I-13 Grants and similar amounts paidPrior year $141,080$160,870
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $988,923$1,056,965
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,114,892$1,166,728
I-18 Total expensesPrior year $2,244,895$2,384,563
I-19 Revenue less expensesPrior year $680,044$750,799
Part VI · Governance 8 of 8 board members independent, 1 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,135,362 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,893,665$2,893,665
VIII-3 Investment incomeExcluded from tax $241,697$241,697
VIII-12 Total revenueRelated to mission $2,893,665 · Unrelated business $0 · Excluded from tax $241,697$3,135,362
Part IX · Statement of functional expenses $2,384,563 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $160,870$160,870
IX-5 Pay of current officers, directors and key staffPrograms $402,687$402,687
IX-7 Other salaries and wagesPrograms $429,589$429,589
IX-8 Pension plan contributionsPrograms $35,360$35,360
IX-9 Other employee benefitsPrograms $129,976$129,976
IX-10 Payroll taxesPrograms $59,353$59,353
IX-11b Legal feesPrograms $68,650$68,650
IX-11c Accounting feesPrograms $58,053$58,053
IX-11g Other fees for servicesPrograms $24,099$24,099
IX-13 Office expensesPrograms $33,246$33,246
IX-14 Information technologyPrograms $490,599$490,599
IX-16 OccupancyPrograms $138,813$138,813
IX-17 TravelPrograms $12,531$12,531
IX-19 Conferences, conventions and meetingsPrograms $28,857$28,857
IX-22 Depreciation, depletion and amortizationPrograms $268,649$268,649
IX-23 InsurancePrograms $36,043$36,043
IX-24 Other expenses (24a–d)Programs $7,188$7,188
IX-25 Total functional expensesPrograms $2,384,563 · Management $0 · Fundraising $0$2,384,563
Part X · Balance sheet $9,454,254 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $1,615,347$1,475,095
X-2 Savings and temporary cash investmentsStart of year $5,668,905$6,347,150
X-4 Accounts receivableStart of year $215,049$245,409
X-9 Prepaid expenses and deferred chargesStart of year $59,485$78,707
X-10c Land, buildings and equipment, netStart of year $847,412$1,030,256
X-15 Other assetsStart of year $357,122$277,637
X-16 Total assetsStart of year $8,763,320$9,454,254
X-17 Accounts payable and accrued expensesStart of year $86,633$106,085
X-25 Other liabilitiesStart of year $366,280$286,963
X-26 Total liabilitiesStart of year $452,913$393,048
X-27 Net assets without donor restrictionsStart of year $8,310,407$9,061,206
X-32 Total net assets or fund balancesStart of year $8,310,407$9,061,206
X-33 Total liabilities and net assetsStart of year $8,763,320$9,454,254
Part XI · Reconciliation of net assets $9,061,206 net assets at year end
XI-1 Total revenue$3,135,362
XI-2 Total expenses$2,384,563
XI-3 Revenue less expenses$750,799
XI-4 Net assets at start of year$8,310,407
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$9,061,206

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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