2024-11-08T13:33:33-06:00 2024-06-30 PWC US TAX LLP 2001 MARKET STREET SUITE 1800 PHILADELPHIA PA 19103 990 2023-07-01 561526114 INSURANCE ACCOUNTING AND SYSTEMS ASSOCIATION INC % JEFFREY A SCHEIDT INSU 6106442100 720 PROVIDENCE ROAD MALVERN PA 193550716 JEFFREY A SCHEIDT TREASURER 6106442100 2024-11-08 true true ALBERT N ANTONELLI P01496650 2673303000 2024-11-08 2023 2024-10-15 13:58:12Z JEFFREY A SCHEIDT 720 PROVIDENCE ROAD MALVERN PA 193550716 1653831 false 1945 X IASA.ORG X 1986 NC TO SHAPE, INFLUENCE, ELEVATE AND STRENGTHEN THE INSURANCE INDUSTRY THROUGH PROFESSIONAL GROWTH. 3 0 8 65 0 0 0 0 1444158 1077709 -53828 36648 121734 89718 1512064 1204075 0 0 0 0 966384 251754 0 0 0 1184590 2001134 2150974 2252888 -638910 -1048813 627915 92464 1037120 1550482 -409205 -1458018 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 1820220 1149552 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. 1820220 true false false false false false false false false false false false false false false false 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 18 0 true 8 true false false false false false false false false false false false false X 3 0 false false false false true true true true true false true true true true true true true true false false false NC X JEFFREY A SCHEIDT 6106442100 720 PROVIDENCE ROAD MALVERN PA 193550716 PETER L MILLER PRESIDENT & CEO (BEG OCT 2023) 2.0 51.0 X X 0 2216772 220597 KATHERINE HOROWITZ SECRETARY (BEG OCT 2023) 2.0 51.0 X X 0 930813 62870 JEFFREY A SCHEIDT TREASURER (BEG OCT 2023) 2.0 51.0 X X 0 497761 68887 KERRY CROCKETT CEO (END OCT 2023) 40.0 0.0 X 155697 44790 31001 JASON NICKLES MEMBER-AT-LARGE (END OCT 2023) 2.0 0.0 X 0 0 0 DOUG RAMSEY BOARD CHAIR (END OCT 2023) 2.0 0.0 X X 0 0 0 TERRY OLEJNIK CHAIR-ELECT (END OCT 2023) 2.0 0.0 X X 0 0 0 DAN BUTTKE MEMBER-AT-LARGE (END OCT 2023) 2.0 0.0 X 0 0 0 ELISE FARNHAM MEMBER-AT-LARGE (END OCT 2023) 2.0 0.0 X 0 0 0 RYAN HANSON MEMBER-AT-LARGE (END OCT 2023) 2.0 0.0 X 0 0 0 ROD VAN GENDEREN SECRETARY-TREAS (END OCT 2023) 2.0 0.0 X X 0 0 0 KRISTINE WEBER MEMBER-AT-LARGE (END OCT 2023) 2.0 0.0 X 0 0 0 CLAIRE BURKE MEMBER-AT-LARGE (END OCT 2023) 2.0 0.0 X 0 0 0 ANNA M KOOI MEMBER-AT-LARGE (END OCT 2023) 2.0 0.0 X 0 0 0 WESLEY MCLEOD MEMBER-AT-LARGE (END OCT 2023) 2.0 0.0 X 0 0 0 155697 3690136 383355 1 false true false AICPCU 720 PROVIDENCE ROAD MALVERN PA 19355 SHARED RESOURCES 1636466 1 0 EDUCATION EVENTS 611710 601059 601059 MEMBERSHIP DUES 611710 476650 476650 1077709 1484 1484 0 0 0 0 0 0 0 479032 443868 35164 35164 35164 0 0 0 0 0 0 23763 5888 17875 CHAPTER ADMINISTRATION 900099 47090 47090 MISCELLANEOUS 900099 24753 24753 71843 1204075 1149552 0 36648 0 0 0 0 58164 14541 43623 0 156399 86020 70379 0 24720 12704 12016 12471 5940 6531 0 69291 69291 12614 12614 0 0 940 940 44674 44674 6945 6945 11194 11194 24527 24527 0 0 0 0 18536 18536 0 0 135305 135305 7480 3969 3511 SHARED RESOURCE SERVICES 1636466 1636466 BANK CHARGES 18632 18632 MISCELLANEOUS 6002 4911 1091 EDUCATION RELATED 5432 5432 3096 229 2867 2252888 1820220 432668 0 200798 92464 14989 0 0 0 0 0 0 0 0 0 0 0 5888 0 0 0 64325 0 341915 0 0 0 0 0 0 0 0 0 627915 92464 432445 1327239 0 0 253407 223243 0 0 0 0 0 0 146242 0 0 0 205026 0 1037120 1550482 X -409205 -1458018 0 0 -409205 -1458018 627915 92464 -1048813 X false true X true false X 7000 208594 163770 0 0 379364 877338 664104 1154990 1444158 1077709 5218299 71325 82590 953911 0 0 1107826 0 0 955663 955288 2272671 1444158 1077709 6705489 0 0 0 53579 84254 10870 148703 0 0 53579 84254 10870 148703 6556786 51713 41086 58630 29214 25247 205890 0 51713 41086 58630 29214 25247 205890 0 1155 1144752 42048 105693 71843 1365491 1008531 2141126 2373349 1579065 1174799 8276870 0.79218 0.83555 0.02488 0.02404 X false true false false false false false false false KERRY CROCKETT CEO (END OCT 2023) 155697 44467 0 0 0 323 21000 0 7337 2664 184034 47454 PETER L MILLER PRESIDENT & CEO (BEG OCT 2023) 0 1214396 0 1000000 0 2376 0 204613 0 15984 0 2437369 KATHERINE HOROWITZ SECRETARY (BEG OCT 2023) 0 547376 0 375000 0 8437 0 48000 0 14870 0 993683 JEFFREY A SCHEIDT TREASURER (BEG OCT 2023) 0 383385 0 112000 0 2376 0 52800 0 16087 0 566648 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 $150,000 UNDER THE PLAN DURING CALENDAR YEAR 2023 AND THIS AMOUNT IS INCLUDED ON SCHEDULE J, PART II. 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 ORGANIZATAION 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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DE 501(C)(6) N/A AICPCU false RISK KNOWLEDGE GROUP 720 PROVIDENCE ROAD MALVERN PA 19355 844678397 EDUCATION DE AICPCU C CORP false IIS LONDON LTD THE ST BOTOLPH BUILDING 138 HOUNDSDITCH UK EC3A 7AR EDUCATIONAL UK IIS C CORP false IIS GLOBAL INSURANCE LTD 9 TEMASK BOULEVARD SUNTEC TOWER TWO SN 038989 EDUCATIONAL SN IIS C CORP false RISKSTREAM GLOBAL INITIATIVES 720 PROVIDENCE ROAD MALVERN PA 19355 844685676 INSURANCE DE AICPCU C CORP false RISKSTREAM LABS 720 PROVIDENCE ROAD MALVERN PA 19355 844706483 INSURANCE DE AICPCU C CORP false TI TRAVEL INC 720 PROVIDENCE ROAD MALVERN PA 19355 844623544 INSURANCE DE AICPCU C CORP false false false false false false false false false false false false false false false false true false true false