Skip to main content

Nonprofit · EIN 56-1526114

INSURANCE ACCOUNTING & SYSTEMS ASSOCIATION INC

Tax-exempt · MALVERN, PA 19355

Financials

$1.5M$2.2M2022$1.2M$2.3M2023$394K$2M2024
Revenue Expenses · by fiscal year end
Financials of INSURANCE ACCOUNTING & SYSTEMS ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$394,425$2,003,300-$1,608,875$24,593$3,091,486-$3,066,893
June 30, 2024990$1,204,075$2,252,888-$1,048,813$92,464$1,550,482-$1,458,018
June 30, 2023990$1,512,064$2,150,974-$638,910$627,915$1,037,120-$409,205
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$258,760
Investment income
$0
Other revenue
$135,665

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$1,587,246
Management and general (functional)
$416,054

Balance sheet and other

Total assets, start of year
$92,464
Total assets, end of year
$24,593
Total liabilities, end of year
$3,091,486
Net assets, end of year
-$3,066,893
Net assets without donor restrictions
-$3,066,893
Gross receipts
$394,425
Employees
0
Volunteers
70
Year formed
1986
State of legal domicile
NC

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, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
PETER L MILLERCHAIRMAN
Trustee or director, Officer
2$0$2,965,200$244,092
KATHERINE HOROWITZSECRETARY
Trustee or director, Officer
2$0$1,005,941$64,978
JEFFREY A SCHEIDTTREASURER
Trustee or director, Officer
2$0$533,367$69,178
SPENSER VILLWOCKDIRECTOR
Trustee or director
2$0$415,255$56,602
990 for the year ended June 30, 2024: 15 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
PETER L MILLERPRESIDENT & CEO (BEG OCT 2023)
Trustee or director, Officer
2$0$2,216,772$220,597
KATHERINE HOROWITZSECRETARY (BEG OCT 2023)
Trustee or director, Officer
2$0$930,813$62,870
JEFFREY A SCHEIDTTREASURER (BEG OCT 2023)
Trustee or director, Officer
2$0$497,761$68,887
KERRY CROCKETTCEO (END OCT 2023)
Officer
40$155,697$44,790$31,001
JASON NICKLESMEMBER-AT-LARGE (END OCT 2023)
Trustee or director
2$0$0$0
DOUG RAMSEYBOARD CHAIR (END OCT 2023)
Trustee or director, Officer
2$0$0$0
TERRY OLEJNIKCHAIR-ELECT (END OCT 2023)
Trustee or director, Officer
2$0$0$0
DAN BUTTKEMEMBER-AT-LARGE (END OCT 2023)
Trustee or director
2$0$0$0
ELISE FARNHAMMEMBER-AT-LARGE (END OCT 2023)
Trustee or director
2$0$0$0
RYAN HANSONMEMBER-AT-LARGE (END OCT 2023)
Trustee or director
2$0$0$0
ROD VAN GENDERENSECRETARY-TREAS (END OCT 2023)
Trustee or director, Officer
2$0$0$0
KRISTINE WEBERMEMBER-AT-LARGE (END OCT 2023)
Trustee or director
2$0$0$0
CLAIRE BURKEMEMBER-AT-LARGE (END OCT 2023)
Trustee or director
2$0$0$0
ANNA M KOOIMEMBER-AT-LARGE (END OCT 2023)
Trustee or director
2$0$0$0
WESLEY MCLEODMEMBER-AT-LARGE (END OCT 2023)
Trustee or director
2$0$0$0
990 for the year ended June 30, 2023: 13 people
NameTitleHours / weekCompensationOther / benefits
KERRY CROCKETTCHIEF EXECUTIVE OFFICER
Officer
40$216,845$35,467
JAMES JENKINSSTRETEGIC PARTNERSHIPS DIR
Highest-paid employee
40$118,701$27,889
KELLI BOHANNONMEMBERSHIP ENGAGEMENT DIRECTOR
Highest-paid employee
40$104,340$13,967
JASON NICKLESBOARD CHAIR (AS OF 07/22)
Trustee or director, Officer
2$0$0
SCOTT MCENTEEMEMBER-AT-LARGE
Trustee or director
2$0$0
DOUG RAMSEYMEMBER-AT-LARGE
Trustee or director, Officer
2$0$0
TERRY OLEJNIKSECRETARY-TREASURER
Trustee or director, Officer
2$0$0
DAN BUTTKEMEMBER-AT-LARGE
Trustee or director
2$0$0
ELISE FARNHAMMEMBER-AT-LARGE
Trustee or director
2$0$0
PHIL IACCARINOMEMBER-AT-LARGE
Trustee or director
2$0$0
RYAN HANSONMEMBER-AT-LARGE
Trustee or director
2$0$0
ROD VAN GENDERENMEMBER-AT-LARGE
Trustee or director
2$0$0
KRISTINE WEBERMEMBER-AT-LARGE
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
720 PROVIDENCE ROAD, MALVERN, PA 19355-3449
In care of
% DOUG HYMAS
Mailing address (990-N for 2017)
PO Box 51340, Durham NC 27717
Principal officer (990 for 2024)
PETER MILLER, 720 PROVIDENCE ROAD, MALVERN, PA 193550716
Principal officer (990-N for 2017)
Angie Gurganus, PO Box 51340, Durham NC 27717
Signed the 990
PETER MILLER, PRESIDENT & CEO
Phone
(610) 644-2100
Website
IASA.ORG
Return prepared by
PWC US TAX LLP

Mission

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/

990 for the year ended December 31, 2024

Program accomplishments

  • 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.
    Expenses $1,587,246 · revenue $394,425

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
56-1526114
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Group exemption
Exempt since
1994
Accounting year ends
December
Files
Form 990 or 990-EZ
Group exemption
1945 (18 member organizations)
Assets (IRS master file)
$24,593
Income (IRS master file)
$394,425

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$394,425$2,003,300$24,593IRS
990June 2024$1,204,075$2,252,888$92,464XML
990June 2023$1,512,064$2,150,974$627,915XML
990June 2022$2,339,018$2,781,262$1,485,537IRS
990June 2021–––IRS
990June 2019–––IRS
990-N for 2017
Officer: Angie Gurganus
June 30, 2018≤ $50,000 receipts––e-Postcard

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 56-1526114).

Questions about INSURANCE ACCOUNTING & SYSTEMS ASSOCIATION INC

What is the EIN of INSURANCE ACCOUNTING & SYSTEMS ASSOCIATION INC?
The employer identification number (EIN) of INSURANCE ACCOUNTING & SYSTEMS ASSOCIATION INC is 56-1526114.
Is INSURANCE ACCOUNTING & SYSTEMS ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to INSURANCE ACCOUNTING & SYSTEMS ASSOCIATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Group exemption).
Which annual return does INSURANCE ACCOUNTING & SYSTEMS ASSOCIATION INC 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 INSURANCE ACCOUNTING & SYSTEMS ASSOCIATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INSURANCE ACCOUNTING & SYSTEMS ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of INSURANCE ACCOUNTING & SYSTEMS ASSOCIATION INC?
The 990 for the year ended December 31, 2024 names PETER MILLER.
Who are the officers and directors of INSURANCE ACCOUNTING & SYSTEMS ASSOCIATION INC?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does INSURANCE ACCOUNTING & SYSTEMS ASSOCIATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $394,425, expenses of $2,003,300 and total assets of $24,593 at year end.

Organizations in its group exemption (18)

Other nonprofits in MALVERN

All nonprofits in MALVERN · Pennsylvania