2024-04-06T13:23:14-05:00 2023-12-31 221655803 DORFMAN ABRAMS MUSIC LLC 250 PEHLE AVE SUITE 702 SADDLE BROOK NJ 07663 990 2023-01-01 521755454 MSO INC MSOI 2014476900 139 HARRISTOWN ROAD 100 GLEN ROCK NJ 07452 JAN SCITES PRESIDENT & CEO 2014476900 2024-03-27 1 JAN SCITES 999009999 0 PATRICIA DIAZ CPA P01362006 2014039750 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z JAN SCITES 139 HARRISTOWN ROAD GLEN ROCK NJ 07452 3757353 0 X WWW.MSONET.COM X 1991 NJ THE ORGANIZATION'S PURPOSE AND MISSION IS TO PROVIDE PROPERTY & CASUALTY INSURANCE CARRIERS WITH COMMERCIAL AND PERSONAL LINES PROGRAMS WHICH INCLUDE FORMS, RATES, AND /OR LOSS COSTS. THESE PROGRAMS WILL BE DEVELOPED AND FILED AS NEEDED IN THE US DOMESTIC MARKET. THE INTELLECTUAL PROPERTY CREATED WILL BE MADE AVAILABLE UNDER A SUBSCRIBER MODEL AT A REASONABLE MARKET BASED COST. IN ADDITION, AS PART OF ITS MISSION MSO PROVIDES EDUCATIONAL SERVICES TO THE PROPERTY AND CASUALTY INDUSTRY FOR THE CONTINUED EDUCATION OF INSUREDS, AGENTS/BROKERS, AND INSURANCE CARRIERS AND THEIR STAFFS. 10 7 19 0 0 0 0 0 2852698 3288195 7177 11328 -41458 21094 2818417 3320617 0 0 0 0 1968186 1938276 0 0 0 852930 911900 2821116 2850176 -2699 470441 1236161 1776742 179440 238298 1056721 1538444 X THE ORGANIZATION PROVIDES ITS MEMBER COMPANIES WITH A HIGH LEVEL OF VALUE AND INDIVIDUAL SERVICES. THEIR MISSION IS TO FULFILL TO ITS MEMBER INSURANCE COMPANIES A DESIRED LEVEL OF CUSTOMIZED SERVICE. THE ORGANIZATION IS LICENSED TO PROVIDE PREMIUM INSURANCE RATING, INSPECTION, AND OTHER INSURANCE RELATED SERVICES FOR SUBSCRIBING PROPERTY AND LIABILITY INSURANCE COMPANIES IN ALL STATES AND WASHINGTON, DC. FEES FOR SUCH SERVICES, WHICH ARE GENERALLY BASED UPON PREMIUMS WRITTEN BY THE INSURANCE COMPANIES, ARE BILLED QUARTERLY AND ARE RECOGNIZED AS INCOME OVER THE ASSESSMENT PERIOD. IN ADDITION, THE ORGANIZATION PROVIDES EDUCATIONAL SERVICES TO THE PROPERTY AND CASUALTY INDUSTRY FOR THE CONTINUED EDUCATION OF INSUREDS, AGENTS/BROKERS, AND INSURANCE CARRIERS AND THEIR STAFFS. 0 0 THE ORGANIZATION PROVIDED ITS 35 MEMBERS WITH A VARIETY OF INSURANCE RELATED SERVICES INCLUDING: -PROVIDING RATING, STATISTICAL, ACTUARIAL, POLICY FORMS AND RELATED SERVICES; -STATISTICAL INFORMATION PERTAINING TO RISKS; -TO WORK FOR THE BETTERMENT OF THE INSURANCE INDUSTRY AND BEHALF OF ITS MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 24 0 19 1 0 0 0 0 0 0 0 0 X 10 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA GA X JAN SCITES CEO & PRESIDENT - MSOINC 2014476900 139 HARRISTOWN ROAD GLEN ROCK NJ 07452 MICHAEL L FARON TRUSTEE 1.00 X 7000 0 0 BRIAN P LYTWYNEC TRUSTEE 1.00 X 4000 0 0 EDWARD D AROVAS TRUSTEE 1.00 X 5000 0 0 ERIC P SCHMADER TRUSTEE 1.00 X 8000 0 0 JAMES R DOHERTY TRUSTEE 1.00 X 6000 0 0 JODEEN URBAN TRUSTEE 1.00 X 3500 0 0 DONALD SCOTT ST ANGEL CHAIRMAN 1.00 X X 17000 0 0 ALLEN RAY SORENSEN VICE CHAIRMAN 1.00 X X 10500 0 0 KAREN S FULTON TREASURER 1.00 X X 8500 0 0 JAN SCITES PRESIDENT & CEO 40.00 X X 285979 0 5792 JAN KOZLOWSKI SR VICE PRESIDENT 40.00 X 67067 0 2497 MARY BEEGLE ASSISTANT VICE PRESIDENT 40.00 X 90999 0 18436 LEOPOLD BLACK ASSISTANT VICE PRESIDENT 40.00 X 115640 0 13315 DEBRA KLINE ASSISTANT VICE PRESIDENT 40.00 X 106928 0 12657 SUE QUIMBY VICE PRESIDENT 40.00 X 121894 0 12519 PATRICE RIGGIO VICE PRESIDENT 40.00 X 120858 0 11359 978865 0 76575 5 0 1 0 0 FEE INCOME 522299 2848490 2848490 AUDIT & OTHER SERVICES 522299 435050 435050 PRINTING INCOME 522299 4655 4655 3288195 11328 11328 421409 436736 -15327 -15327 -15327 MISCELLANEOUS REVENUE 522299 36421 36421 36421 3320617 3288195 0 32422 985940 749010 20869 57368 125089 15230 19000 102587 68707 12363 37071 102433 21111 34151 PRODUCT EXPENSES 221925 COMPUTER AND RELATED EX 169298 DUES AND SUBSCRIPTIONS 84849 TELEPHONE 23175 2850176 35846 56192 307228 461597 141871 188555 125003 131940 3775939 3182830 626213 593109 241124 0 104225 1236161 1776742 128008 82641 51432 155657 179440 238298 X 1056721 1538444 1056721 1538444 1236161 1776742 470441 11282 0 X X 0 1 X 1 0 230510 230510 3244075 2958459 285616 287121 217218 69903 14233 7153 7080 593109 OPERATING LEASE - RIGHT OF USE ASSET 104225 104225 SECURITY DEPOSITS 47032 SERFF SERVICE PAID IN ADVANCE 4400 OPERATING LEASE OBLIGATION 104225 155657 X 3331899 11282 11282 3320617 0 3320617 2850176 0 2850176 0 2850176 PART X, LINE 2: THE ORGANIZATION HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. X X 0 0 0 JAN SCITES PRESIDENT & CEO 285979 0 0 0 0 0 0 0 5792 0 291771 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IS OPEN TO ANY INSURER AUTHORIZED TO WRITE LINES OF INSURANCE TO WHICH MSO IS AUTHORIZED TO ACT AND WHO SIGNS A MEMBERSHIP AGREEMENT ACCEPTING THE TERMS, PROVISIONS AND RULES OF MSO. FORM 990, PART VI, SECTION A, LINE 7A MSO HOLDS ITS ANNUAL MEETING IN MAY OF EACH YEAR AND AT THAT MEETING THE MEMBERS ELECT TRUSTEES TO THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B THE BY-LAWS OF MSO PROVIDE THAT THE MEMBERS CAN CONSIDER, ACT AND ACT UPON THE ACTS OF THE OFFICERS AND TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD REVIEWS 990 PRIOR TO FILING. ALL MEMBERS OF THE BOARD ARE PROVIDED WITH ELECTRONIC COPIES OF THE RETURN FOR REVIEW AND COMMENT BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH MEMBER OF THE BOARD HAS TO COMPLETE AN ANNUAL QUESTIONNAIRE AND DISCLOSE ANY POTENTIAL CONFLICT OF INTERESTS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION PROCESS FOR TOP OFFICIALS AND OFFICERS IS COMPLETED BY THE COMPENSATION COMMITTEE AND THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. PART XII FINANCIAL STATEMENTS AND REPORTING LINE 2C PROCESS HAS NOT CHANGED FROM PRIOR YEAR