2024-10-24T23:49:39-05:00 2023-12-31 742920819 ATCHLEY & ASSOCIATES LLP 1005 LA POSADA DRIVE AUSTIN TX 78752 990 2023-01-01 742728185 TEXAS AUTOMOBILE INSURANCE PLAN ASSOCIATION TEXA 5124444441 805 LAS CIMAS PARKWAY 210 AUSTIN TX 78746 MATTHEW SNYDER CHAIR 5126944456 2024-10-21 1 1 RENAE DUNCAN P01257722 5123462086 2024-10-18 2023 2024-10-15 13:58:12Z MATTHEW SNYDER 805 LAS CIMAS PARKWAY 210 AUSTIN TX 78746 894105 0 X WWW.TAIPA.ORG X 1993 TX THE MISSION IS TO PROVIDE A MEANS FOR PEOPLE WHO ARE REQUIRED TO SHOW PROOF OF FINANCIAL RESPONSIBILITY TO OBTAIN AUTOMOBILE INSURANCE LIABILITY COVERAGE. 18 18 4 10 0 0 748893 866126 0 0 4032 14588 3718 13391 756643 894105 0 0 0 0 464898 633766 0 0 0 329718 301616 794616 935382 -37973 -41277 773553 834888 371418 342735 402135 492153 TO MAKE AUTOMOBILE BODILY INJURY AND PROPERTY DAMAGE LIABILITY INSURANCE REQUIRED BY THE TEXAS MOTOR VEHICLE SAFETY RESPONSIBILITY ACT AVAILABLE TO ELIGIBLE APPLICANTS, SUBJECT TO THE RULES OF THE ASSOCIATION. 0 0 THE ASSOCIATION PROVIDES A MEANS FOR PEOPLE WHO ARE REQUIRED TO SHOW PROOF OF FINANCIAL RESPONSIBILITY TO OBTAIN AUTOMOBILE LIABILITY INSURANCE. THE ASSOCIATION HAS ESTABLISHED PROCEDURES FOR THE EQUITABLE DISTRIBUTION OF APPLICATIONS FOR INSURANCE TO BE ASSIGNED TO THE INSURANCE COMPANIES. ALL INSURANCE COMPANIES WHO ARE AUTHORIZED TO WRITE MOTOR VEHICLE LIABILITY POLICIES IN THE STATE OF TEXAS MUST BE MEMBERS OF THE ASSOCIATION AND PARTICIPATE IN RECEIVING THEIR SHARE OF THE INSURANCE RISKS ASSOCIATED WITH THE ORGANIZATION AND MUST PARTICIPATE IN PAYING THEIR SHARE OF THE EXPENSES INCURRED BY THE ORGANIZATION. 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 4 1 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 1 1 1 0 X X STACY DUTTON 5125317257 805 LAS CIMAS PARKWAY STE 210 AUSTIN TX 78746 MARY CAROL AWALT PUBLIC MEMBER 0.50 X 1000 0 0 LAURA HAUSMAN PUBLIC MEMBER; EMPLOYEE LIAISON 0.50 X 500 0 0 CARMELITA HOGAN PUBLIC MEMBER 0.50 X 1000 0 0 BECKY JACKSON CHAIR 2.00 X X 1500 0 0 DAVID NARDECCHIA PUBLIC MEMBER (LEFT 05/31/23) 0.50 X 250 0 0 KIT MORRISE ALTERNATE PRODUCER MEMBER 0.50 X 500 0 0 ADAM PAYTON PRODUCER MEMBER 0.50 X 1250 0 0 RAMON MONTALVO III PRODUCER MEMBER 0.50 X 500 0 0 KEITH WECHSLER INSURER MEMBER 0.50 X 0 0 0 RYAN SHAPIRO INSURER MEMBER (LEFT 03/03/23) 0.50 X 0 0 0 DAVID WEBER INSURER MEMBER; 2ND VICE CHAIR 2023 0.50 X X 0 0 0 MATT SNYDER INSURER MEMBER; 1ST VICE CHAIR 0.50 X X 0 0 0 JOHN LUSARDI INSURER MEMBER; SECRETARY 0.50 X X 0 0 0 MIKE VOIGT INSURER MEMBER 0.50 X 0 0 0 JANET DEWEY ALTERNATE PUBLIC MEMBER 0.50 X 500 0 0 BETSY BLAIR PUBLIC MEMBER (JOINED 09/08/23) 0.50 X 250 0 0 MICHAEL BURKE INSURER MEMBER 0.50 X 0 0 0 BRIAN FERGUSON INSURER MEMBER 0.50 X 0 0 0 DOUGLAS QUEENIN INSURER MEMBER 0.50 X 0 0 0 ADAM HALL INSURER MEMBER 0.50 X 0 0 0 STACY DUTTON ASSOCIATION MANAGER 37.50 X 154019 0 22670 161269 0 22670 1 0 1 0 0 866126 866126 14588 14588 ASSESSMENT PENALTIES 900099 13391 13391 13391 894105 13391 0 14588 183939 203906 176766 42144 27011 47176 20773 81734 17705 8965 80593 10903 2599 POSTAGE AND DELIVERY 12605 STAFF EXPENSE 11789 MISCELLANEOUS 6256 DUES & SUBSCRIPTIONS 518 935382 34528 71309 399725 342799 1769 60786 73105 135092 78030 69252 4479 8778 259947 216124 773553 834888 118809 141539 252609 201196 371418 342735 X 402135 492153 402135 492153 773553 834888 X -41277 131295 X X 0 1 X 1 0 2222 2222 0 50808 42030 8778 25000 25000 0 8778 SECURITY DEPOSITS 5379 OPERATING LEASE RIGHT OF USE ASSET, NET 210745 216124 OPERATING LEASE OBLIGATION, NET OF CURRENT PORTION 201196 201196 X 1025400 131295 131295 894105 0 894105 935382 0 935382 0 935382 PART X, LINE 2: TAIPA HAS ADOPTED FASB ASC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAX. THE BENEFIT OF A TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THAT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESSES, IF ANY. TAX POSITIONS THAT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD ARE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT WITH THE APPLICABLE TAXING AUTHORITY. AS OF DECEMBER 31, 2023 AND 2022, TAIPA HAS NOT RECOGNIZED LIABILITIES FOR UNCERTAIN TAX POSITIONS OR ASSOCIATED INTEREST AND PENALTIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: PENSION MINIMUM LIABILITY ADJUSTMENT 131,295. X X X 0 0 0 STACY DUTTON ASSOCIATION MANAGER 154019 0 0 0 0 0 7021 0 15649 0 176689 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF THE ASSOCIATION ARE REQUIRED TO BE AN AUTHORIZED INSURER WITH THE AUTHORITY TO WRITE AUTOMOBILE LIABILITY INSURANCE IN TEXAS. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING COMMITTEE IS MADE UP OF EIGHT REPRESENTATIVES OF INSURERS, FIVE PUBLIC MEMBERS, AND TWO LICENSED GENERAL LINES OR PERSONAL LINES PROPERTY AND CASUALTY AGENTS. REPRESENTATIVES OF INSURERS ARE ELECTED BY THE MEMBERS OF THE ASSOCIATION. PUBLIC MEMBERS ARE NOMINATED BY THE OFFICE OF PUBLIC INSURANCE COUNSEL AND SELECTED BY THE COMMISSIONER. ONE LICENSED GENERAL LINES OR PERSONAL LINES PROPERTY AND CASUALTY AGENTS IS SELECTED BY THE INDEPENDENT INSURANCE AGENTS OF TEXAS AND THE OTHER IS SELECTED BY THE COMMISSIONER OF INSURANCE. THE OFFICE OF PUBLIC INSURANCE COUNSEL MAY NOMINATE AND THE COMMISSIONER OF INSURANCE MAY APPOINT UP TO THREE ADDITIONAL PERSONS TO ACT AS ALTERNATES FOR PUBLIC MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS OF THE GOVERNING BODY THAT MODIFY THE ORGANIZATION'S PLAN OF OPERATION RULES ARE SUBJECT TO APPROVAL BY THE TEXAS DEPARTMENT OF INSURANCE. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE GOVERNING BODY TO REVIEW BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C TO ENSURE TAIPA OPERATES IN A MANNER CONSISTENT WITH ITS STATUTORY AND NOT FOR PROFIT PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD VIOLATE STATE OR FEDERAL LAWS, PERIODIC REVIEWS SHALL BE CONDUCTED THAT SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO TAIPA'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER TAIPA'S PURPOSES AND DO NOT RESULT IN REAL OR PERCEIVED INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 A SALARY SURVEY/JOB DESCRIPTION REVIEW OF ALL POSITIONS WAS PERFORMED BY AN INDEPENDENT CONSULTANT IN 2017. THE CONSULTANT ALSO HELPED DEVELOP THE NEW JOB DESCRIPTION OF THE FRONT OFFICE STAFF IN 2018 DURING THE RESTRUCTURING OF THE POSITIONS. THE CONSULTANT CAME IN 2022 AND UPDATED THE SALARY INFORMATION AND A LIMITED TOTAL PAY ANALYSIS. THE ASSOCIATION MANAGER ADJUSTS THE SALARY GRADES WITH THE INPUT OF THE INDEPENDENT CONSULTANT AND REVIEWS EMPLOYEE PERFORMANCE AND DECIDES IF EMPLOYEES RECEIVE INCREASES (IF STILL WITHIN THE EMPLOYEE'S SALARY RANGE PER THE SALARY SURVEY). FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: PENSION MINIMUM LIABILITY ADJUSTMENT 131,295. FORM 990, PART XII, LINE 2C: THE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT DID NOT CHANGE THE OVERSIGHT PROCESS FROM PRIOR YEAR.