2013-11-14T14:37:52-06:00 2013-06-30 233063393 ELKO & ASSOCIATES LTD 521 PLYMOUTH RD SUITE 120 PLYMOUTH MEETING PA 19462 990 2012-07-01 230724010 INSURANCE SOCIETY OF PHILADELPHIA INSU 2156275306 456 PUBLIC LEDGER BUILDING PHILADELPHIA PA 191060088 RUSSELL SHANER 2156275306 2013-11-14 1 STEVEN SCADUTO CPA P00787973 6102799100 2013-11-14 2012 2016-02-24 21:20:13Z RUSSELL SHANER 456 PUBLIC LEDGER BUILDING PHILADELPHIA PA 191060088 1089770 0 X WWW.INSURANCESOCIETY.ORG X 1901 PA TO EDUCATE AND PROMOTE PROFESSIONALISM IN THE INSURANCE, LEGAL AND FINANCIAL SERVICES INDUSTRIES. 34 34 46 6 0 0 319708 391570 609230 628816 35455 34014 -38120 -66850 926273 987550 29000 27000 0 0 665473 624175 0 0 22289 345895 277699 1040368 928874 -114095 58676 1531670 1624420 178362 218190 1353308 1406230 TO EDUCATE AND PROMOTE PROFESSIONALISM IN THE INSURANCE, LEGAL AND FINANCIAL SERVICES INDUSTRIES. 0 0 147677 628816 PROVIDE INSURANCE RELATED EDUCATION TO THE PROPERTY AND CASUALTY INSURANCE INDUSTRY, AND TO THOSE SERVING THE INDUSTRY SUCH AS LAWYERS; AND THE GENERAL PUBLIC. 27000 27000 FURTHER THE INSURANCE SOCIETY'S MISSION TO EDUCATE BY PROVIDING SCHOLARSHIPS TO STUDENTS ENGAGED IN THE STUDY OF RISK MANAGEMENT, INSURANCE OR INSURANCE RELATED INDUSTRIES. 174677 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 46 1 0 0 0 0 0 1 1 0 0 0 0 X 34 34 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 1 1 0 PA X THE ORGANIZATION 2156275306 456 PUBLIC LEDGER BUILDING PHILADELPHIA PA 191060088 MICAEL A BARKASY 1.00 X 0 0 0 WALTER R BATEMAN II 1.00 X 0 0 0 BUTLER BUCHANAN III 1.00 X 0 0 0 TIM CONRAD 1.00 X 0 0 0 KENNETH L EWELL 1.00 X 0 0 0 ROGER C FELL 1.00 X 0 0 0 JOSEPH A GERBER 1.00 X 0 0 0 RICHARD A HALL 1.00 X 0 0 0 DAVID C HANEY 1.00 X 0 0 0 LOIS J HOGYA 1.00 X 0 0 0 WALTER J HOPE JR 1.00 X 0 0 0 ROBERT A IVEY III 1.00 X 0 0 0 P DREW JONES 1.00 X 0 0 0 THOMAS J KELLEY 1.00 X 0 0 0 RONALD T KUEHN 1.00 X X 0 0 0 MARK A LYNCH 1.00 X 0 0 0 MICHAEL A MEE 1.00 X 0 0 0 MICHAEL P MORAN 1.00 X 0 0 0 JOSEPH F MORRIS 1.00 X 0 0 0 KELLY P O'LEARY 1.00 X 0 0 0 RICHARD H PETRY 1.00 X X 0 0 0 STEVEN J REISS 1.00 X 0 0 0 DEBBIE RODGERS 1.00 X X 0 0 0 SPENCER M ROMAN 1.00 X 0 0 0 STEVE ROSEN 1.00 X 0 0 0 LORI T ROSS 1.00 X X 0 0 0 DIANNE SALTER 1.00 X 0 0 0 HENRY O SCHRAMM III 1.00 X 0 0 0 RUSS SHANER 1.00 X 0 0 0 JOHN B SHERLOCK 1.00 X X 0 0 0 STEVEN SKOWRONSKI 1.00 X 0 0 0 KEVIN M TOTH 1.00 X 0 0 0 BRUCE M VASSALLO 1.00 X 0 0 0 EDWARD H WESTERMANN SR 1.00 X 0 0 0 DAVID ARNOLD 50.00 X 129366 0 17810 129366 0 17810 1 0 0 0 0 89020 302550 391570 TUITON 611600 557953 557953 EDUCATION FEES 611710 59097 59097 ADMINISTRATIVE FEES 611710 11766 11766 628816 34014 34014 35370 302550 102220 -66850 -66850 987550 628816 0 -32836 27000 27000 147176 134239 12937 374085 55155 309578 9352 33467 33467 34694 34694 34753 2253 32500 18220 18220 791 791 26200 1596 24604 4294 4294 104604 104604 4452 4452 7385 7385 17187 17187 CONTINUING EDUCATION FE 37682 37682 SPECIAL CONTRACTS 35090 35090 WORKBOOKS 6720 6720 OTHER ADMIN 5893 5893 9181 9181 928874 174677 731908 22289 41113 14819 63726 110221 100909 145054 5822 12776 96076 81436 22025 14640 1298075 1326910 1531670 1624420 55995 89738 49716 63712 72651 64740 178362 218190 X 1353308 1406230 1353308 1406230 1531670 1624420 58676 -5754 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2866 2866 0 93210 78570 14640 14640 NONCURRENT DEFERRED COMPENSATION PAYABLE TO FORMER EXECUTIVE DIRECTOR 64740 64740 1084016 -5754 102220 96466 987550 0 987550 1031094 102220 102220 928874 0 928874 PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS COSTS NETTED IN REVENUE ON 990 SHOWN IN EXPENSES 102,220. ON AUDITED FINANCIAL STATEMENTS PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS COSTS NETTED IN REVENUE ON 990 SHOWN IN EXPENSES 102,220. ON AUDITED FINANCIAL STATEMENTS THE SOCIETY IS EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, ONLY ITS UNRELATED BUSINESS INCOME, OF WHICH THERE WAS NONE IN FISCAL YEAR 2012, IS TAXED. THE INTERNAL REVENUE SERVICE HAS NOT CLASSIFIED THE SOCIETY AS A PRIVATE FOUNDATION. THE SOCIETY BELIEVES THAT IS HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE SOCIETY'S FEDERAL RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR 2012, 2011 AND 2010 IS SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THE TAX RETURNS WERE FILED. 1 1 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 REGISTRATION REQUIRES USE OF CATALOG OR BROCHURE WHEREIN NONDISCRIMINATORY POLICY IS PART OF THE GENERAL INFORMATION EXPLANATION OF DOCUMENT RETENTION SCHEDULE E, PART I, LINE 4 ALL COURSES OPEN TO THE PUBLIC GALA 306450 286250 20200 64495 27001 BANQUET 31470 16400 15070 8695 1929 337920 302650 35270 64495 8695 28930 102120 -66850 1 SCHOLARSHIPS 7 27000 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: GRANT FUNDS PAID TO INDVIDUALS ARE ALSO ENDORSED TO THE EDUCATIONAL INSTITUTION, THEREFORE ENSURING THAT THE FUNDS ARE USED EXCLUSIVELY FOR PAYMENT OF EDUCATIONAL EXPENSES AT THE SCHOOL INDICATED DURING THE GRANT PROCESS. FORM 990, PART VI, SECTION A, LINE 6 NON-PROFIT ORGANIZATION FORM 990, PART VI, SECTION B, LINE 11 EXECUTIVE DIRECTOR REVIEWS FORM 990 BEFORE IT IS FILED. NO REVIEW WAS OR WILL BE CONDUCTED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 FINANCE COMMITTEE SETS PAYROLL SCALE FROM REVIEW OF COMPARABLE ORGANIZATIONS AND DETERMINES COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 INSPECTION AT THE OFFICE OF THE ORGANIZATION. NO CHANGE FROM PRIOR YEARS. FINANCE COMMITTEE HAS OVERSIGHT OF THE FINANCIAL STATEMENT PREPARATIONS.