Nonprofit · EIN 23-1552247
SOCIETY OF CHARTERED PROPERTY & CASUALTY UNDERWRITERS INC
Tax-exempt · MALVERN, PA 19355
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $26,172,531 | $24,477,671 | $1,694,860 | $7,873,153 | $6,575,438 | $1,297,715 |
| December 31, 2023 | 990 | $21,250,311 | $21,692,473 | -$442,162 | $13,121,384 | $13,518,529 | -$397,145 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $24,643,648
- Investment income
- $1,356,526
- Net gain from sales of assets
- $1,295,207
- Other revenue
- $172,357
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
- Depreciation
- $30,903
- Program services (functional)
- $24,477,671
Balance sheet and other
- Total assets, start of year
- $13,121,384
- Total assets, end of year
- $7,873,153
- Total liabilities, end of year
- $6,575,438
- Net assets, end of year
- $1,297,715
- Land, buildings and equipment
- $318,852
- Net assets without donor restrictions
- $1,297,715
- Gross receipts
- $27,180,823
- Employees
- 0
- Volunteers
- 231
- Year formed
- 1944
- State of legal domicile
- PA
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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PETER L MILLER | PRESIDENT & CEO Trustee or director, Officer | 2 | $0 | $2,965,200 | $244,092 |
| KATHERINE HOROWITZ | SECRETARY Trustee or director, Officer | 2 | $0 | $1,005,941 | $64,978 |
| JEFFREY A SCHEIDT | TREASURER Trustee or director, Officer | 2 | $0 | $533,367 | $69,178 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PETER L MILLER | PRESIDENT & CEO Trustee or director, Officer | 2 | $0 | $2,216,772 | $220,597 |
| KATHERINE HOROWITZ | SECRETARY Trustee or director, Officer | 2 | $0 | $930,813 | $62,870 |
| JEFFREY A SCHEIDT | TREASURER Trustee or director, Officer | 2 | $0 | $497,761 | $68,887 |
Address and contacts
- Address (IRS master file)
- 720 PROVIDENCE ROAD, MALVERN, PA 19355-3449
- In care of
- % DOUG HYMAS
- Principal officer (990 for 2024)
- PETER L MILLER, 720 Providence Rd, Malvern, PA 19355
- Signed the 990
- PETER MILLER, PRESIDENT & CEO
- Phone
- (610) 644-2100
- Website
- WWW.CPCUSOCIETY.ORG
- Return prepared by
- PWC US TAX LLP
Mission
THE SOCIETY OF CPCUS IS COMMITTED TO PROVIDING RESOURCES, EDUCATIONAL PROGRAMS AND LEADERSHIP OPPORTUNITIES THAT ATTRACT TALENT AND ENABLE INDIVIDUALS TO EXPAND THEIR TECHNICAL INSURANCE SKILLS AND BUSINESS CAPABILITIES IN ORDER TO IMPROVE THE OVERALL PERFORMANCE OF THE INSURANCE INDUSTRY WHILE ADHERING TO THE HIGHEST ETHICAL STANDARDS.
Program accomplishments
- THE SOCIETY OF CPCUS SUPPORTS ITS MEMBERS (OVER 13,000) THROUGHOUT EVERY STAGE OF THEIR CAREERS BY PROVIDING LEADERSHIP DEVELOPMENT, EDUCATIONAL OFFERINGS, AND MORE. IN 2024, OVER 6,900 TOTAL REGISTRATIONS WERE RECEIVED FOR 32 WEBINARS INCLUDING THE VIRTUAL REINSURANCE & EXCESS SURPLUS LINES SYMPOSIUM (COMPLIMENTARY TO MEMBERS). WE PUBLISHED FOUR ISSUES OF THE QUARTERLY PROFESSIONAL JOURNAL. WE PROVIDED ADDITIONAL OPPORTUNITIES FOR MEMBER ENGAGEMENT, NETWORKING, AND INFORMATION SHARING THROUGH OUR ONLINE COMMUNITY WITH 519 UNIQUE CONTRIBUTORS AND OVER 2,900 POSTS INCLUDING NEW DISCUSSION THREADS AND REPLIES. OVER 1,100 ATTENDED AND IN-PERSON EVENT INCLUDING THE ANNUAL IN2RISK MEETINGExpenses $7,050,101 · revenue $3,751,501
- THE INSTITUTES DESIGNATIONS LLC DELIVERED EXAMINATIONS RELATED TO INSURANCE AND RISK MANAGEMENT DESIGNATION PROGRAMS.Expenses $17,427,570 · revenue $21,064,504
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-1552247
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1954
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $7,873,153
- Income (IRS master file)
- $27,180,823
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $26,172,531 | $24,477,671 | $7,873,153 | XML |
| 990 | December 2023 | $21,250,311 | $21,692,473 | $13,121,384 | XML |
| 990 | December 2022 | $10,818,484 | $12,344,326 | $9,780,486 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 23-1552247).
Questions about SOCIETY OF CHARTERED PROPERTY & CASUALTY UNDERWRITERS INC
- What is the EIN of SOCIETY OF CHARTERED PROPERTY & CASUALTY UNDERWRITERS INC?
- The employer identification number (EIN) of SOCIETY OF CHARTERED PROPERTY & CASUALTY UNDERWRITERS INC is 23-1552247.
- Is SOCIETY OF CHARTERED PROPERTY & CASUALTY UNDERWRITERS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1954.
- Are donations to SOCIETY OF CHARTERED PROPERTY & CASUALTY UNDERWRITERS INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SOCIETY OF CHARTERED PROPERTY & CASUALTY UNDERWRITERS 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 SOCIETY OF CHARTERED PROPERTY & CASUALTY UNDERWRITERS 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 SOCIETY OF CHARTERED PROPERTY & CASUALTY UNDERWRITERS 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 SOCIETY OF CHARTERED PROPERTY & CASUALTY UNDERWRITERS INC?
- The 990 for the year ended December 31, 2024 names PETER L MILLER.
- Who are the officers and directors of SOCIETY OF CHARTERED PROPERTY & CASUALTY UNDERWRITERS INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does SOCIETY OF CHARTERED PROPERTY & CASUALTY UNDERWRITERS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $26,172,531, expenses of $24,477,671 and total assets of $7,873,153 at year end.
Other nonprofits in MALVERN
- VANGUARD CHARITABLE ENDOWMENT PROGRAM EIN 23-2888152 · last filed 990 for 2025
- AMERICAN INSTITUTE FOR CHARTERED PROPERTY CASUALTY UNDERWRITERS EIN 23-1352012 · last filed 990 for 2024
- MALVERN PREPARATORY SCHOOL EIN 23-1352658 · last filed 990 for 2025
- VALLEY FORGE EDUCATIONAL SERVICES EIN 23-6050757 · last filed 990 for 2025
- THE VANGUARD GROUP FOUNDATION EIN 23-2699769 · last filed 990-PF for 2024
- CATHOLIC LEADERSHIP INSTITUTE EIN 23-2661414 · last filed 990 for 2025
- FBI-LEEDA INC EIN 36-3885342 · last filed 990 for 2024
- JOSEPH AND MARIE FIELD FAMILY FOUNDATION INC EIN 23-3009586 · last filed 990-PF for 2025