2016-11-11T09:42:11-08:00 2015-12-31 Preston & Associates 527 E Lancaster Ave Wayne PA 19087 990 2015-01-01 230958260 Pennsylvania Compensation Rating Bureau PENN 2153204414 United Plaza Bldg 30 S 17th Street Philadelphia PA 19103 JOHN E PANCZNER VP/TREASURER 2153204414 2016-08-15 true MATTHEW J MORAN CPA 4844554901 2016-11-11 2015 2017-02-10 21:41:12Z JOHN E PANCZNER 30 S 17th Street Suite 1500 Philadelphia PA 19103 11668415 false X WWW.PCRB.COM X 1915 PA The Pennsylvania Compensation Rating Bureau (PCRB) is the licensed rating organization for the promulgation and determination of workers' compensation insurance rating values and classification system used by insurers, agents and employers in the Commonwealth of Pennsylvania. 12 12 127 0 0 11806358 11546796 0 11678 33754 89215 87865 11907251 11668415 0 0 11352321 10609874 0 0 817411 -47084 12169732 10562790 -262481 1105625 4369023 4802142 15089985 13994206 -10720962 -9192064 The Pennsylvania Compensation Rating false false COLLECTING, EDITING, AND MAINTAINING WORKERS' COMPENSATION EXPERIENCE DATA FOR NON-COAL MINE COMMERCIAL MARKETS IN PENNSYLVANIA. PROMULGATION, APPLICATION, AND ENFORCEMENT OF RISK CLASSIFICATIONS, UNDERWRITING RULES, RATING VALUES AND RATING PLANS APPLICABLE TO WORKERS' COMPENSATION INSURANCE WRITTEN IN PENNSYLVANIA. PREPARATION, SUBMISSION AND DEFENSE OF REGULATORY FILINGS TO AMEND AND/OR MAINTAIN RISK CLASSIFICATIONS, UNDERWRITING RULES, RATING VALUES AND RATING PLANS APPLICABLE TO WORKERS' COMPENSATION INSURANCE WRITTEN IN PENNSYLVANIA. false false false false false false false false false false true false false true true true true false 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 false false false true 24 0 true 127 true false false false false false false X 12 12 false false false false true true true true true false false true true true false true true true true false X JOHN E PANCZNER 2153204414 30 S 17th Street Philadelphia PA 19103 American Home Assurance Company Institutional Trustee 1.60 X 0 0 0 Donegal Mutual Insurance Institutional Trustee 1.60 X 0 0 0 Liberty Mutual Insurance Company Institutional Trustee 1.60 X 0 0 0 National Federation of Independent Business Institutional Trustee 1.60 X 0 0 0 Penn National Insurance Company Institutional Trustee 1.60 X 0 0 0 Pennsylvania Department of Labor & Industry Institutional Trustee 1.60 X 0 0 0 PMA Insurance Company Institutional Trustee 1.60 X 0 0 0 State Workers' Insurance Fund Institutional Trustee 1.60 X 0 0 0 Travelers Insurance Company Institutional Trustee 1.60 X 0 0 0 XL Insurance Company Institutional Trustee 1.60 X 0 0 0 Zenith Insurance Company Institutional Trustee 1.60 X 0 0 0 Pennsylvania Chamber of Business & Industry Institutional Trustee 1.60 X 0 0 0 TIMOTHY L WISECARVER President 30.00 X 524404 0 67473 WILLIAM V TAYLOR President 30.00 X 143623 0 0 BRUCE E DECKER Sr. Vice President 30 X 186593 133164 JOHN J MURPHY Vice President 30 X 172261 93406 JOHN E PANCZNER VP & Treasurer 30 X 146191 74612 BONITA PIACENTINO Vice President 30 X 169690 65367 KENNETH CREIGHTON Cheif Actuary 30 X 172628 24568 BETTY ANN CAMPBELL Director 30 X 134011 101548 ANDREY LAPCHENKO LAN Manager 30 X 137610 44151 VINCENT DEAN Director 30 X 133830 86680 DAVID RAWSON Technical Director, Class 30 X 112047 31456 PRAKASH KRISHNAPPA Manager, Web Projects 30 X 111776 40483 2144664 762908 12 true true false Duane Morris LLP 30 S 17th Street Philadelphia PA 19103 Legal 113228 Windmill Software LLC 1130 Darczuk Drive Garnet Valley PA 19060 Software Development 219420 Workers Compensation Research Institute 955 Massachusetts Avenue Cambridge MA 02139 W/C Research & Benchmarking 195000 Compensation Data Exchange LLC 30 S 17th Street Philadelphia PA 19103 Electronic Data Interchange 110000 4 11546796 11546796 33754 33754 Printing and Special Services 611430 87865 87865 87865 11668415 87865 33754 2250086 5283373 1514956 998524 562935 103268 64000 114600 164984 823407 610050 168486 139493 72838 WCRI Benchmarking Study 195000 Equipment and Furnishings 59486 Employee Overhead and Education 103552 Allocation of Expenses to DCRB -2666248 10562790 136084 254164 2152973 2006096 97116 408295 397962 372204 2762726 1774221 857963 988505 502484 496781 40027 40027 184414 236070 4369023 4802142 967442 617518 14122543 13376688 15089985 13994206 X -10720962 -9192064 -10720962 -9192064 4369023 4802142 X 1105625 423273 X false true X true false 232852 124915 107937 1934884 1649306 285578 594990 594990 988505 Deferred Compensation Deposit Account 211822 Due from DCRB 24248 236070 Accrued Pension Liability 12408798 Assessments Refundable to Members 128531 Deferred Compensation Payable 478996 Deferred Rent Liability 360363 13376688 X 12091688 423273 423273 11668415 11668415 10562790 10562790 10562790 Pt X, Line 2 PCRB is a not-for-profit organization that is exempt from income taxes under Section 501(c)(6) of the Internal Revenue Code and classified by the Internal Revenue Service as Other than a Private Foundation. Pt X, Line 2 PCRB recognizes interest accrued related to unrecognized tax benefits in interest expense and penalties in operating. No such interest or penalties were recognized during 2015 and 2014. Pt X, Line 2 PCRB's Forms 990, Return of Organization Exempt from Income Tax for the years ended 2012 through 2015 remain subject to examination by the Internal Revenue Service. Pt XI, Line 2d Minimum Pension Laibility Adjustment - $423,273 X X X false false false TIMOTHY L WISECARVER 470651 50800 2953 7209 15675 547288 BRUCE E DECKER 167687 14325 4582 6443 15718 208755 JOHN J MURPHY 157578 14683 6188 18010 196459 JOHN E PANCZNER 137328 8863 6064 22666 174921 BONITA PIACENTINO 150422 19268 5858 22714 198262 KENNETH CREIGHTON 164033 8595 5490 1867 179985 BETTY ANN CAMPBELL 125705 8306 5043 15499 154553 ANDREY LAPCHENKO 132152 5458 4865 1701 144176 VINCENT DEAN 121912 11918 4785 22584 161199 PRAKASH KRISHNAPPA 107217 4559 4001 22502 138279 Pt VI, Line 6 The PCRB's members are comprised of all property/casualty insurers licensed to write workers' compensation business in the Commonwealth of Pennsylvania. Pt VI, Line 7a Governing board members are elected by a vote of all members present and voting at an annual meeting of the PCRB attended by sufficient members to attain a quorum under the terms of the PCRB's by-laws. Pt VI, Line 7b Approval from members for the following decisions/actions require affirmative votes of Membership in order to gain approval: 1) Amendment, alteration or repeal of any and all provisions of the PCRB's by-laws (such changes require a two-thirds vote of the members present and voting with the benefit of a quorum.), 2) Amendment, alteration, repeal or re-enactment of the Bureau's articles of incorporation or by-laws with respect to the Bureau's qualification and operation as a licensed rating organization in the Commonwealth of Pennsylvania, or the division of the Bureau or the voluntary dissolution and winding up of the Bureau, or the sale of a substantial portion of the Bureau's assets. (The preceding five types of changes require the affirmative vote of (A) two-thirds of the entire governing board at a duly convened meeting of the governing board called for such purpose, and (B) two-thirds of all members of the Bureau at a duly convened annual meeting of the Bureau, or at a duly convened special meeting called for such purpose. Pt VI, Line 11b Prior to filing the Form 990, the return was emailed to all members of the PCRB governing board. All governing board members were asked to review the form and provide comments or questions for staff consideration. As of the date that PCRB filed the Form 990, no adverse comments or questions requiring any changes to the Form 990 as distributed to the governing board had been received. Should such adverse comments or questions be received subsequent to the filing date of the Form 990, PCRB will appropriately amend the Form 990 filing. Pt VI, Line 15a The total remuneration (salary, other cash and benefits) given to the PCRB's president was reviewed by the compensation subcommittee of the PCRB governing board. The presidents' compensation, including incentives and benefits, are established annually by action of the governing board. Pt VI, Line 15b The total remuneration (salary, other cash and benefits) given to the PCRB's officers and key employees was reviewed by the compensation subcommittee of the PCRB governing board. The compensation of officers and key employees, including incentives and benefits, are established annually by action of the governing board. Pt VI, Line 19 Governing documents and financial statements were posted to the WWW.PCRB.COM website. The conflict of interest policy was not made available to the public during the year. Pt XI Minumum pension liability adjustment - $423,273 Delaware Compensation Rating Bureau Inc United Plaza Building 20 S 17th St Philadelphia PA 191034007 510307078 INSURANCE RATING DE 501(c)(6) NA false false false false false false false false false false false false false false false false false true false false