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Nonprofit · EIN 43-0969898

MISSOURI PROPERTY INSURANCE PLACEMENT FACILITY

Tax-exempt · SAINT LOUIS, MO 63123

Financials

$2M$2.8M2023$2.4M$2.1M2024$2.5M$5.3M2025
Revenue Expenses · by fiscal year end
Financials of MISSOURI PROPERTY INSURANCE PLACEMENT FACILITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,500,811$5,256,946-$2,756,135$3,025,365$2,750,321$275,044
December 31, 2024990$2,375,352$2,117,868$257,484$2,245,234$2,607,666-$362,432
December 31, 2023990$2,011,705$2,784,211-$772,506$1,909,704$2,620,835-$711,131
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,384,549
Investment income
$98,134
Other revenue
$18,128

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$198,240
Other salaries and wages
$247,049
Salaries, compensation and benefits (total)
$729,451
Professional fundraising fees
$0
Legal fees
$3,960
Accounting fees
$27,326
Occupancy
$23,603

Balance sheet and other

Total assets, start of year
$2,245,234
Total assets, end of year
$3,025,365
Total liabilities, end of year
$2,750,321
Net assets, end of year
$275,044
Gross receipts
$2,500,811
Employees
6
Year formed
1969
State of legal domicile
MO

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
KIRK W SCHMIDTGM AND CONTR
Officer
37.5$168,000$30,240
SUSAN CLIFTDIRECTOR
Trustee or director
–$0$0
BRETT WYATTDIRECTOR
Trustee or director
–$0$0
AIG PROPERTY CASUALTYINSTITUTIONA
Institutional trustee
–$0$0
AMERICAN FAMILY MUTUAL INSURANCE COINSTITUTIONA
Institutional trustee
–$0$0
CINCINNATI INSURANCE COMPANYINSTITUTIONA
Institutional trustee
–$0$0
COLUMBIA MUTUAL INSURANCE COMPANYINSTITUTIONA
Institutional trustee
–$0$0
FARMER INSURANCE GROUPINSTITUTIONA
Institutional trustee
–$0$0
LIBERTY MUTUAL INSURANCE COMPANYINSTITUTIONA
Institutional trustee
–$0$0
MISSOURI FARM BUREAU INSURANCEINSTITUTIONA
Institutional trustee
–$0$0
NATIONWIDE INSURANCE GROUPINSTITUTIONA
Institutional trustee
–$0$0
SHELTER INSURANCE COMPANIESINSTITUTIONA
Institutional trustee
–$0$0
STATE FARM INSURANCE COMPANYINSTITUTIONA
Institutional trustee
–$0$0
TRAVELERS INSURANCEINSTITUTIONA
Institutional trustee
–$0$0
990 for the year ended December 31, 2024: 14 people
NameTitleHours / weekCompensationOther / benefits
KIRK W SCHMIDTGM AND CONTR
Officer
37.5$161,280$29,030
SUSAN CLIFTDIRECTOR
Trustee or director
–$0$0
BRETT WYATTDIRECTOR
Trustee or director
–$0$0
AIG PROPERTY CASUALTYINSTITUTIONA
Institutional trustee
–$0$0
ALLIED PROPERTY AND CASUALTY INSINSTITUTIONA
Institutional trustee
–$0$0
AMERICAN FAMILY MUTUAL INSURANCE COINSTITUTIONA
Institutional trustee
–$0$0
CINCINNATI INSURANCE COMPANYINSTITUTIONA
Institutional trustee
–$0$0
COLUMBIA MUTUAL INSURANCE COMPANYINSTITUTIONA
Institutional trustee
–$0$0
FARMER INSURANCE GROUPINSTITUTIONA
Institutional trustee
–$0$0
LIBERTY MUTUAL INSURANCE COMPANYINSTITUTIONA
Institutional trustee
–$0$0
MISSOURI FARM BUREAU INSURANCEINSTITUTIONA
Institutional trustee
–$0$0
SHELTER INSURANCE COMPANIESINSTITUTIONA
Institutional trustee
–$0$0
STATE FARM INSURANCE COMPANYINSTITUTIONA
Institutional trustee
–$0$0
TRAVELERS INSURANCEINSTITUTIONA
Institutional trustee
–$0$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensationOther / benefits
KIRK W SCHMIDTGM AND CONTR
Officer
37.5$163,141$29,365
SUSAN CLIFTDIRECTOR
Trustee or director
–$0$0
BRETT WYATTDIRECTOR
Trustee or director
–$0$0
AIG PROPERTY CASUALTYINSTITUTIONA
Institutional trustee
–$0$0
ALLIED PROPERTY AND CASUALTY INSINSTITUTIONA
Institutional trustee
–$0$0
AMERICAN FAMILY MUTUAL INSURANCE COINSTITUTIONA
Institutional trustee
–$0$0
CINCINNATI INSURANCE COMPANYINSTITUTIONA
Institutional trustee
–$0$0
COLUMBIA MUTUAL INSURANCE COMPANYINSTITUTIONA
Institutional trustee
–$0$0
FARMER INSURANCE GROUPINSTITUTIONA
Institutional trustee
–$0$0
LIBERTY MUTUAL INSURANCE COMPANYINSTITUTIONA
Institutional trustee
–$0$0
MISSOURI FARM BUREAU INSURANCEINSTITUTIONA
Institutional trustee
–$0$0
SHELTER INSURANCE COMPANIESINSTITUTIONA
Institutional trustee
–$0$0
STATE FARM INSURANCE COMPANYINSTITUTIONA
Institutional trustee
–$0$0
TRAVELERS INSURANCEINSTITUTIONA
Institutional trustee
–$0$0

Address and contacts

Address (IRS master file)
11116 S TOWNE SQUARE, SAINT LOUIS, MO 63123-7850
In care of
% WILLIAM P KLOECKER
Principal officer (990 for 2025)
KIRK W SCHMIDT, 11116 SOUTH TOWNE SQUARE 303, ST LOUIS, MO 63123
Signed the 990
KIRK W SCHMIDT, GM AND CONTROLLER
Phone
(314) 421-0170
Return prepared by
CONNER ASH PC

Mission

AS REQUIRED BY MISSOURI STATE STATUTE, MISSOURI PROPERTY INSURANCE PLACEMENT FACILITY UNDERWRITES COMMERCIAL AND HABITATIONAL FIRE AND CASUALTY INSURANCE POLICIES FOR THOSE WHO ARE UNABLE TO OBTAIN INSURANCE THROUGH CONVENTIONAL MEANS.

990 for the year ended December 31, 2025

Program accomplishments

  • SEE MISSION STATEMENT ABOVE.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
43-0969898
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1970
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,025,365
Income (IRS master file)
$2,500,811

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$2,500,811$5,256,946$3,025,365IRS
990December 2024$2,375,352$2,117,868$2,245,234XML
990December 2023$2,011,705$2,784,211$1,909,704XML
990December 2022$1,713,808$1,746,278$2,233,185IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 43-0969898).

Questions about MISSOURI PROPERTY INSURANCE PLACEMENT FACILITY

What is the EIN of MISSOURI PROPERTY INSURANCE PLACEMENT FACILITY?
The employer identification number (EIN) of MISSOURI PROPERTY INSURANCE PLACEMENT FACILITY is 43-0969898.
Is MISSOURI PROPERTY INSURANCE PLACEMENT FACILITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1970.
Are donations to MISSOURI PROPERTY INSURANCE PLACEMENT FACILITY tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MISSOURI PROPERTY INSURANCE PLACEMENT FACILITY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MISSOURI PROPERTY INSURANCE PLACEMENT FACILITY due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MISSOURI PROPERTY INSURANCE PLACEMENT FACILITY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of MISSOURI PROPERTY INSURANCE PLACEMENT FACILITY?
The 990 for the year ended December 31, 2025 names KIRK W SCHMIDT.
Who are the officers and directors of MISSOURI PROPERTY INSURANCE PLACEMENT FACILITY?
The 990 for the year ended December 31, 2025 lists 14 people; 1 received compensation from the organization, the highest $168,000 (KIRK W SCHMIDT, GM AND CONTR).
How much revenue does MISSOURI PROPERTY INSURANCE PLACEMENT FACILITY have?
On its 990 for the year ended December 31, 2025 it reported revenue of $2,500,811, expenses of $5,256,946 and total assets of $3,025,365 at year end.

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