2024-09-10T13:14:38+00:00 2023-12-31 440160260 Forvis Mazars LLP 1400 Meadowbrook Road Suite 300 Jackson MS 392116349 990 2023-01-01 640885758 Mississippi Surplus Lines Association MISS 6017131111 504 KEYWOOD CIRCLE SUITE B FLOWOOD MS 39232 JULIE MCLEMORE EXECUTIVE DIRECTOR 2024-09-10 true Peyton Parks P01850908 6019486700 2024-08-05 2023 2024-08-08 14:25:15Z JULIE MCLEMORE 504 KEYWOOD CIRCLE SUITE B FLOWOOD MS 39232 4937547 false X WWW.MSLA.ORG X 1997 MS TO ASSIST THE MISSISSIPPI INSURANCE DEPT. IN THE OVERSIGHT OF THE SURPLUS LINES MARKET AND ENCOURAGE COMPLIANCE BY SURPLUS LINES AGENTS WITH THE SURPLUS LINES LAWS OF MISSISSIPPI. 8 8 6 8 0 0 0 0 2457302 2574437 135533 209130 0 0 2592835 2783567 0 0 0 319023 396873 0 0 0 470953 617683 789976 1014556 1802859 1769011 10301399 12842612 227487 221061 10073912 12621551 TO ASSIST THE INSURANCE COMMISSIONER OF MISSISSIPPI WITH THE REGULATION OF "SURPLUS LINES" INSURANCE CONTRACTS AND TO ENCOURAGE COMPLIANCE BY SURPLUS LINES AGENTS AND INSURERS WITH THE SURPLUS LINES LAWS OF THE STATE OF MISSISSIPPI. false false THE ASSOCIATION DEVOTES MOST OF ITS RESOURCES TO STATUTORY COMPLIANCE. THE ASSOCIATION COMMUNICATES TO ITS MEMBERS AND ASSISTS THEM IN COMPLYING WITH EXISTING AND FUTURE REGULATIONS. 0 false false false false false false false false false true false false false true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false true 6 0 true 6 true false false false false false false false false X 8 8 false false false false true true true true true false false true true true true true true true true false X JULIE MCLEMORE 6017131111 504 KEYWOOD CIRCLE SUITE B FLOWOOD MS 39232 CHRISTOPHER MATHISON CHAIRMAN 1.0 0.0 X X 0 0 0 LINDA TRIFONE TREASURER 1.0 0.0 X X 0 0 0 MATTHEW KOURY SECRETARY 1.0 0.0 X X 0 0 0 MIMS MCLENNAN VICE CHAIRMAN 1.0 0.0 X X 0 0 0 DAVID PHILLIPS DIRECTOR 1.0 0.0 X 0 0 0 PRESTON GOUGH III DIRECTOR 1.0 0.0 X 0 0 0 ROGER ELFERT DIRECTOR 1.0 0.0 X 0 0 0 TRUITT TAYLOR DIRECTOR 1.0 0.0 X 0 0 0 PEGGY DRONET EXECUTIVE DIRECTOR 40.0 0.0 X 142682 0 5707 142682 0 5707 1 false false false 0 0 STAMPING FEES 900099 2374437 2374437 MWUA INCOME 900099 200000 200000 0 0 0 0 2574437 237246 237246 0 0 2125864 2153980 -28116 0 -28116 -28116 0 0 0 0 0 2783567 2574437 0 209130 148389 182158 1337 38834 26155 90951 43499 33996 52960 41756 25111 39201 23567 1837 253523 4224 MEMBERSHIPS - REGISTRATIONS 5225 BAD DEBT EXPENSE 1833 0 1014556 2130116 1470239 651353 581729 0 0 0 0 12263 12275 4267863 3329555 851599 938308 6491137 9705099 0 0 162331 132362 2600 2600 10301399 12842612 65156 88700 0 0 162331 132361 227487 221061 X 10073912 12621551 0 10073912 12621551 10301399 12842612 1769011 778628 0 X false true X true false 12457 12457 0 27143 27143 0 4228263 3289955 938308 938308 OPERATING LEASE LIABILITY 132361 132361 3528199 778628 0 778628 2749571 33996 0 33996 2783567 980560 0 0 980560 33996 0 33996 1014556 Schedule D, Part X, Line 2 MANAGEMENT HAS EVALUATED THE COMPANY'S INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Form 990, Part VI, Line 6 Classes of members or stockholders ANY INDIVIDUAL LICENSED AS A SURPLUS LINES AGENT UNDER SECTION 83-21-21 OF MISSISSIPPI LAW SHALL BE DEEMED A MEMBER OF THE ASSOCIATION. EACH MEMBER MUST REGISTER WITH THE ASSOCIATION BY COMPLETING THE MEMBER INFORMATION FORM. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body EACH MEMBER IS ENTITLED TO ONE VOTE WHEN ELECTING MEMBERS OF THE GOVERNING BODY. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders EACH MEMBER OF THE ORGANIZATION IS ENTITLED TO ONE VOTE IN ALL MATTERS PURSUANT TO MISS. CODE ANN. SECTIONS 79-11-269, 79-11-281, 79-11-301, 79-11-315, 79-11-323, 79-11-331, 79-11-333 OR 79-11-335, AS AMENDED. Form 990, Part VI, Line 11b Review of form 990 by governing body AN ELECTRONIC COPY OF FORM 990 IS PROVIDED TO EACH MEMBER OF THE ORGANIZATION'S GOVERNING BODY FOR REVIEW PRIOR TO FILING WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy UPON ELECTION AND/OR HIRING, OFFICERS AND DIRECTORS ARE REQUIRED TO DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS OF INTEREST. DISCLOSURE IS ALSO REQUIRED THROUGHOUT THE YEAR WHENEVER CONFLICTS OF INTEREST MAY OCCUR. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE ORGANIZATION'S GOVERNING BODY DETERMINED THE EXECUTIVE OFFICER'S COMPENSATION USING COMPARATIVE DATA. THIS PROCESS IS DOCUMENTED IN THE ORGANIZATION'S MINUTES. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE ORGANIZATION'S GOVERNING BODY DETERMINED THE EXECUTIVE OFFICER'S COMPENSATION USING COMPARATIVE DATA. THIS PROCESS IS DOCUMENTED IN THE ORGANIZATION'S MINUTES. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.