The mission of the organization is to provide and administer a Property and casualty insurance program for pennsylvania government entities that provides adequate and affordable risk coverage for each participant by taking into account a number of criteria which affords the participant an economically advantageous solution by the pooling or sharing of certain Liability risks.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2026 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
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
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2026
latest Form 990
Looks good: the latest return is for FY2026, this tax year; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $970K a year · 6% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
2 mo
of spending, in cash
Plus $41.3M in investments, Pt X · Ln 11–13
Fine: 2.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$18.9M
42% of total assets
Looks good: liabilities are 42% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$19.7M
+14% vs prior year
Spent
$21.8M
To programs
100%
Net assets
$26.5M
By yearFY2021–FY2026
Revenue
$19.7M
FY2026▲ +14%
Tap a bar for its year
Revenue by fiscal year
FY2021$13.8M
FY2022$14.9M
FY2023$14.4M
FY2024$15.7M
FY2025$17.2M
FY2026$19.7M
Expenses
$21.8M
FY2026▲ +21%
Tap a bar for its year
Expenses by fiscal year
FY2021$14.2M
FY2022$14.4M
FY2023$15.9M
FY2024$17.3M
FY2025$18.0M
FY2026$21.8M
Net assets
$26.5M
FY2026▲ +11%
Tap a bar for its year
Net assets by fiscal year
FY2021$36.2M
FY2022$34.0M
FY2023$22.0M
FY2024$22.6M
FY2025$24.0M
FY2026$26.5M

From the FY2026 Form 990 (year ending April 2026) · 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: FY2026. IRS ruling in Nov 2004.

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% · $21.7M Management & general 0% · $84K

Form 990 Part IX, line 25, columns B–D. 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.

Part VII, Section A · reportable compensation · most recent filed roster (FY2025); the FY2026 filing did not itemize Part VII
Trustee Through 11/26/25
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
See Mrm Property and Liability Tr INC 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Administers low-cost property and casualty insurance for Pennsylvania government entities, reducing claims costs and market volatility.

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Provided by the organization

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3 programs · $21.7M · in their own filed words · FY2025
01

Organization provides and administers a property and casualty insurance program pursuant to pennsylvania statutory authority to provide adequate and affordable risk coverage for its participants, all of whom are government entities at the lowest possible cost.

$18.6Mprogram expense
02

Organization strives to minimize costs incurred by participants for obtaining adequate and affordable property and liability insurance. The organization returns a portion of policy premiums to its members in the form of policy dividends based upon claims experience thereby reducing the cost of coverage to participants.

$3.1Mprogram expense
03

Organization strives to reduce the amount and frequency of losses incurred by each participant by utilizing loss control procedures.

$67Kprogram expense

Funders

Who pays for it.

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

By the numbers

The FY2026 990, line by line.

1The main four
Money inPt VIII
$19.7M
Ln 12
Fees for servicesLn 2g$17.3M
Investment incomeLn 3$2.4M
Money outPt IX
$21.8M
Ln 25
Programscol B$21.7M
Managementcol C$84K
Owns and owesPt X
$26.5M
net assets · Ln 32
Cash and savingsLn 1–2$3.7M
Total assetsLn 16$45.4M
LiabilitiesLn 26$18.9M
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$17.3M
Investment incomeLn 3$2.4M
Gains on assetsLn 7$1.4M
Total revenueLn 12$19.7M
Assets in detailPt X, end of year
CashLn 1$760K
SavingsLn 2$3.0M
Cash and savings togetherLn 1–2$3.7M
InvestmentsLn 11–13$41.3M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$2K
Total assetsLn 16$45.4M
LiabilitiesLn 26$18.9M
Net assetsLn 32$26.5M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderApril
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 FY26End FY26
Cash and savingsLn 1–2$2.0M$3.7M
InvestmentsLn 11–13$37.9M$41.3M
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$40.2M$45.4M
LiabilitiesLn 26$16.2M$18.9M
Net assetsLn 32$24.0M$26.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Benefits paid to or for membersLn 4$3.1M$3.1M
Legal feesLn 11b$18K$18K
Accounting feesLn 11c$47K$47K
Investment management feesLn 11f$94K$94K
Other fees for servicesLn 11g$2.0M$2.0M
Conferences, conventions and meetingsLn 19$9K$9K
InsuranceLn 23$4.2M$4.2M
Other expenses (24a–d)Ln 24$11.6M$11.6M
All other expensesLn 24e$812K$802K$10K
Total functional expensesLn 25$21.8M$21.7M$84K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2026 Latest Viewing $19.7M$21.8M−$2.1M$26.5M 990 PDF
FY2025 $17.2M$18.0M−$773K$24.0M 990 PDF
FY2024 $15.7M$17.3M−$1.5M$22.6M 990 PDF
FY2023 $14.4M$15.9M−$1.5M$22.0M 990 PDF
FY2022 $14.9M$14.4M$506K$34.0M 990 PDF
FY2021 $13.8M$14.2M−$387K$36.2M 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 O · Explanations
See the full FY2026 990 (6 parts)
Part I · Summary $19,693,859 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $16,249,869$17,270,797
I-10 Investment incomePrior year $980,146$2,423,062
I-11 Other revenuePrior year $8,400$0
I-12 Total revenuePrior year $17,238,415$19,693,859
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $3,703,256$3,059,482
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $14,307,688$18,753,043
I-18 Total expensesPrior year $18,010,944$21,812,525
I-19 Revenue less expensesPrior year −$772,529−$2,118,666
Part VI · Governance 7 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsNo
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 $19,693,859 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $17,270,797$17,270,797
VIII-3 Investment incomeExcluded from tax $1,061,562$1,061,562
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,361,500$1,361,500
VIII-12 Total revenueRelated to mission $17,270,797 · Unrelated business $0 · Excluded from tax $2,423,062$19,693,859
Part IX · Statement of functional expenses $21,812,525 across 9 lines filed
IX-4 Benefits paid to or for membersPrograms $3,059,482$3,059,482
IX-11b Legal feesManagement $18,000$18,000
IX-11c Accounting feesManagement $47,488$47,488
IX-11f Investment management feesPrograms $93,965$93,965
IX-11g Other fees for servicesPrograms $1,955,039$1,955,039
IX-19 Conferences, conventions and meetingsManagement $8,728$8,728
IX-23 InsurancePrograms $4,173,268$4,173,268
IX-24 Other expenses (24a–d)Programs $11,644,663$11,644,663
IX-24e All other expensesPrograms $801,764 · Management $10,128$811,892
IX-25 Total functional expensesPrograms $21,728,181 · Management $84,344 · Fundraising $0$21,812,525
Part X · Balance sheet $45,412,054 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $1,125,456$760,218
X-2 Savings and temporary cash investmentsStart of year $841,481$2,969,338
X-4 Accounts receivableStart of year $350,586$422,202
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $37,891,766$41,257,871
X-15 Other assetsStart of year $2,425$2,425
X-16 Total assetsStart of year $40,211,714$45,412,054
X-17 Accounts payable and accrued expensesStart of year $4,596,977$4,441,300
X-19 Deferred revenueStart of year $241,621$249,231
X-25 Other liabilitiesStart of year $11,391,223$14,203,412
X-26 Total liabilitiesStart of year $16,229,821$18,893,943
X-27 Net assets without donor restrictionsStart of year $23,981,893$26,518,111
X-32 Total net assets or fund balancesStart of year $23,981,893$26,518,111
X-33 Total liabilities and net assetsStart of year $40,211,714$45,412,054
Part XI · Reconciliation of net assets $26,518,111 net assets at year end
XI-1 Total revenue$19,693,859
XI-2 Total expenses$21,812,525
XI-3 Revenue less expenses−$2,118,666
XI-4 Net assets at start of year$23,981,893
XI-5 Net unrealized gains (losses) on investments$4,654,884
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$26,518,111

Form 990 e-file (XML) FY2026 from the IRS · Classification, formation year and address from the IRS Business Master File

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