Civic Intelligence

Professional Insurance Agents Association of Virginia & DC

990 • Fiscal year 2016 • EIN 54-6039747

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

8751 Park Central Drive No 140Richmond, VA 23227

(804) 264-2582

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

1.23x

Higher debt load relative to assets than 98% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

91st percentile

0.58x

Higher debt load relative to revenue than 91% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Net Margin

49th percentile

3.5%

Higher net margin than 49% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

70th percentile

$102,110

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 10.4% of source-year revenue.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Asset Growth

10th percentile

-17%

Faster asset growth than 10% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

78th percentile

15%

Faster revenue growth than 78% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$463,514

Down $97,163 (-17%) from 2015

Net Assets

Up

-$108,442

Up $34,229 (+24%) from 2015

Liabilities

Down

$571,956

Down $131,392 (-19%) from 2015

Revenue

Up

$984,012

Up $129,196 (+15%) from 2015

Expenses

Up

$949,783

Up $77,575 (+8.9%) from 2015

Net Income

Up

$34,229

Up $51,621 (+297%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0-$500KAssets 2010: $880,155Liabilities 2010: $881,826Net Assets 2010: -$1,6712010Assets 2011: $867,252Liabilities 2011: $934,499Net Assets 2011: -$67,2472011Assets 2012: $792,744Liabilities 2012: $854,111Net Assets 2012: -$61,3672012Assets 2013: $721,318Liabilities 2013: $827,158Net Assets 2013: -$105,8402013Assets 2014: $604,097Liabilities 2014: $729,376Net Assets 2014: -$125,2792014Assets 2015: $560,677Liabilities 2015: $703,348Net Assets 2015: -$142,6712015Assets 2016: $463,514Liabilities 2016: $571,956Net Assets 2016: -$108,4422016Assets 2017: $366,647Liabilities 2017: $530,141Net Assets 2017: -$163,4942017Assets 2018: $346,822Liabilities 2018: $574,137Net Assets 2018: -$227,3152018Assets 2019: $295,404Liabilities 2019: $545,133Net Assets 2019: -$249,7292019Assets 2020: $308,432Liabilities 2020: $452,077Net Assets 2020: -$143,6452020Assets 2021: $159,503Liabilities 2021: $261,781Net Assets 2021: -$102,2782021Assets 2022: $152,424Liabilities 2022: $179,382Net Assets 2022: -$26,9582022Assets 2023: $235,459Liabilities 2023: $117,209Net Assets 2023: $118,2502023Assets 2024: $117,677Liabilities 2024: $51,543Net Assets 2024: $66,1342024

Highlighted filing

2016

Assets$463,514
Liabilities$571,956
Net Assets-$108,442

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2010: $1,032,870Expenses 2010: $1,092,822Net Income 2010: -$59,9522010Revenue 2011: $959,939Expenses 2011: $969,191Net Income 2011: -$9,2522011Revenue 2012: $945,356Expenses 2012: $940,570Net Income 2012: $4,7862012Revenue 2013: $875,317Expenses 2013: $919,790Net Income 2013: -$44,4732013Revenue 2014: $940,803Expenses 2014: $953,559Net Income 2014: -$12,7562014Revenue 2015: $854,816Expenses 2015: $872,208Net Income 2015: -$17,3922015Revenue 2016: $984,012Expenses 2016: $949,783Net Income 2016: $34,2292016Revenue 2017: $919,778Expenses 2017: $974,830Net Income 2017: -$55,0522017Revenue 2018: $898,366Expenses 2018: $962,187Net Income 2018: -$63,8212018Revenue 2019: $828,495Expenses 2019: $839,120Net Income 2019: -$10,6252019Revenue 2020: $900,960Expenses 2020: $794,876Net Income 2020: $106,0842020Revenue 2021: $932,742Expenses 2021: $891,375Net Income 2021: $41,3672021Revenue 2022: $1,054,211Expenses 2022: $978,891Net Income 2022: $75,3202022Revenue 2023: $1,181,726Expenses 2023: $1,036,518Net Income 2023: $145,2082023Revenue 2024: $1,116,785Expenses 2024: $1,168,900Net Income 2024: -$52,1152024

Highlighted filing

2016

Revenue$984,012
Expenses$949,783
Net Income$34,229
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$984,012
Mission and Program Overview

Mission

Piaa was organized to provide education for its members, protect member's ownership rights of business they produce, promote high ideals in the insurance industry, and disseminate information to the public.

Education of insurance professionals

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$361,106$316,392▼ $44,714
Savings and Temporary Cash Investments$66,996$67,019▲ $23
Cash and Non-Interest-Bearing Accounts$81,079$47,064▼ $34,015
Prepaid Expenses and Deferred Charges$8,749$11,436▲ $2,687
Accounts Receivable$29,580$11,187▼ $18,393
Land, Buildings, and Equipment, Net$13,167$10,416▼ $2,751
Total Assets$560,677$463,514▼ $97,163
Liabilities
Other Liabilities$459,934$398,131▼ $61,803
Deferred Revenue$86,285$115,716▲ $29,431
Accounts Payable and Accrued Expenses$157,129$58,109▼ $99,020
Total Liabilities$703,348$571,956▼ $131,392
Net Assets / Fund Balance
Unrestricted Net Assets$-142,671$-108,442▲ $34,229
Total Net Assets Fund Balance$-142,671$-108,442▲ $34,229
Total Liabilities and Net Assets / Fund Balance$560,677$463,514▼ $97,163

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$10,416$114,799$125,215
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kevin P KowarAssociation ExecutiveFT$85,796$16,314$102,110

Board Members and Trustees

NameTitle
Kimberly W HarwoodImmediate Past President
J Vince MullinsPresident
Jordan ReynoldsFirst Vice President
Gerald F HemphillNational Director
Brenda P GladdingMember
E Prescott EngleMember
J Christopher CrankMember
J David KingMember
Jeffrey N BrownMember
Kenneth E DavelerMember
Robert N Grandy IiiMember
S Cole TuckerMember
Robert V AlexanderSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$160,085
Program Service Revenue
$753,652
Investment Income
$60,734
Other Revenue
$9,541
All Other Contributions
$20,000
Change in Net Assets
$34,229
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$606,558
Salaries, Compensation, and Employee Benefits$329,485
Grants and Similar Amounts Paid$13,740
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$344,377
Other Salaries and Wages---$186,887
Current Officers, Directors, Trustees, and Key Employees---$102,110
Occupancy---$87,189
Information Technology---$25,230
Payroll Taxes---$21,761
Office Expenses---$21,305
Other Employee Benefits---$18,727
Fees for Services Lobbying---$17,100
Travel---$16,011
Grants to Domestic Orgs---$13,740
All Other Expenses---$11,605
Other Expenses---$6,874
Depreciation Depletion---$6,044
Insurance---$5,260
Fees for Services Accounting---$4,012
Total Functional Expenses$0$0$0$949,783
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Special Olympics of Virginia IncRichmond, VA501(c)(3)General Support$13,740
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$27,763
Total Nondeductible Lobbying and Political Cost$27,763
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jeffrey N BrownCurrent Board MemberJEFFREY N. BROWN IS THE OWNER OF BROWN'S INSURANCE AGENCY. BROWN'S INSURANCE AGENCY WRITES MOST OF PIAA'S PROPERTY AND COMMERCIAL AUTO COVERAGE.No$1,578
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Gain on Installment Sale$316,392
Due to Piais$50,000
Deferred Rent Payable$26,676
Capital Leases Payable$2,719
Related Party Payable$2,344
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The association has members who pay regular dues.

Form 990, Part VI, Section A, Line 7A

The general membership elects the board of directors. The board of directors elects the officers.

Form 990, Part VI, Section B, Line 11B

The audit committee reviews form 990 before it is filed. The budget and finance officers receive a copy of the 990 as well.

Form 990, Part VI, Section B, Line 12C

Persons covered by the conflict of interest policy will annually disclose their potential conflict to the president of the board of directors by completing a conflict of interest disclosure form. The board of directors must identify potential conflicts of interest to the board and remove themself from all discussion and voting on the matter.

Form 990, Part VI, Section B, Line 15A

The process to determine the compensation of the ceo is: 1. Review and approval by the board of directors of the association. 2. Use of data as to comparable compensation for similarly qualified persons in functionally comparable positions. 3. Contemporaneous documenation and recordkeeping.

Form 990, Part VI, Section C, Line 19

The association provides a copy to anyone who requests a copy of the association's governing documents, conflicts of interest policy and financial statements. Additionally, at the annual meeting these documents are distributed freely to all members.

Filing and Contact Details

Filer

Filer Name
Professional Insurance Agents Assoc
EIN
54-6039747
Phone
8042642582
Address
8751 PARK CENTRAL DRIVE NO 140, RICHMOND, VA 23227

Signing Officer

Name
Kevin P Kowar
Title
Association Executive
Phone
8042642582
Signed
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin P Kowar
Formed
1936
Legal Domicile
Va
Voting Board Members
13
Independent Board Members
12
Employees
6
Volunteers
0

Preparer

Firm
Jones & Mcintyre Pllc
Address
6225 BRANDON AVENUE SUITE 307, SPRINGFIELD, VA 22150
Preparer
Joey Jay Jones CPA
Phone
7038664500
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The independent accountant selection and the audit committee's financial statement review process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The association believes that it has appropriate support for any income tax positions taken and, as such, does not have any uncertain income tax positions that are material to the financial statements. The association's income tax returns are generally subject to examination by the internal revenue service and other state and local taxing authorities for three years after they were filed.

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IRS990/Form990PartVIISectionAGrp/TitleTxt13ASSOCIATION EXECUTIVE
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IRS990/NetAssetsOrFundBalancesEOYAmt0-108442
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt044715
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt044715
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt087189
IRS990/OfficeExpensesGrp/TotalAmt021305
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt018727
IRS990/OtherExpensesGrp/Desc0DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1POSTAGE
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3CREDIT CARD FEES
IRS990/OtherExpensesGrp/TotalAmt041475
IRS990/OtherExpensesGrp/TotalAmt110658
IRS990/OtherExpensesGrp/TotalAmt29418
IRS990/OtherExpensesGrp/TotalAmt36874
IRS990/OtherLiabilitiesGrp/BOYAmt0459934
IRS990/OtherLiabilitiesGrp/EOYAmt0398131
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900003
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/Desc1ROYALTY INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt06988
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt12553
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06988
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt12553
IRS990/OtherRevenueTotalAmt09541
IRS990/OtherSalariesAndWagesGrp/TotalAmt0186887
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0361106
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0316392
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/TotalAmt021761
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08749
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011436
IRS990/PrincipalOfficerNm0KEVIN P KOWAR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611430
IRS990/ProgramServiceRevenueGrp/BusinessCd1524298
IRS990/ProgramServiceRevenueGrp/BusinessCd2561000
IRS990/ProgramServiceRevenueGrp/BusinessCd3524298
IRS990/ProgramServiceRevenueGrp/BusinessCd4541800
IRS990/ProgramServiceRevenueGrp/Desc0EDUCATIONAL ACTIVITY
IRS990/ProgramServiceRevenueGrp/Desc1CONFERENCES
IRS990/ProgramServiceRevenueGrp/Desc2ADMINISTRATIVE
IRS990/ProgramServiceRevenueGrp/Desc3SPECIAL EVENT
IRS990/ProgramServiceRevenueGrp/Desc4PUBLICATIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0464923
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1152756
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2108000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt315805
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0464923
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1152756
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2108000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt315805
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt412168
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt012168
IRS990/ProgSrvcAccomActy2Grp/Desc0CONVENTIONS - CONVENTIONS ARE HELD TO EDUCATE INSURANCE PROFESSIONALS AS WELL AS MAINTAIN THEIR HIGH STANDARDS IN DEALING WITH CLIENTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt063622
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0152756
IRS990/ProgSrvcAccomActy3Grp/Desc0ADMINISTRATIVE FEES AND OTHER PROGRAMS.
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0178061
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0141053
IRS990/PYGrantsAndSimilarPaidAmt09841
IRS990/PYInvestmentIncomeAmt060733
IRS990/PYOtherExpensesAmt0620483
IRS990/PYOtherRevenueAmt08986
IRS990/PYProgramServiceRevenueAmt0644044
IRS990/PYRevenuesLessExpensesAmt0-17392
IRS990/PYSalariesCompEmpBnftPaidAmt0241884
IRS990/PYTotalExpensesAmt0872208
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0854816
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt034229
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0464923
IRS990/SavingsAndTempCashInvstGrp/BOYAmt066996
IRS990/SavingsAndTempCashInvstGrp/EOYAmt067019
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AggregateReportedDuesNtcAmt045247
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/DuesAssessmentsAmt0140085
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt027763
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt027763
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleC/TaxableAmt0-17484
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt010416
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0114799
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0125215
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02719
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12344
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2316392
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt326676
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt450000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RELATED PARTY PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED GAIN ON INSTALLMENT SALE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DEFERRED RENT PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4DUE TO PIAIS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY INCOME TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN INCOME TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ASSOCIATION'S INCOME TAX RETURNS ARE GENERALLY SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND OTHER STATE AND LOCAL TAXING AUTHORITIES FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010416
IRS990ScheduleD/TotalLiabilityAmt0398131
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt013740
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SPECIAL OLYMPICS OF VIRGINIA INC
IRS990ScheduleI/RecipientTable/RecipientEIN0541013637
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03212 SKIPWITH ROAD SUITE 100
IRS990ScheduleI/RecipientTable/USAddress/CityNm0RICHMOND
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0VA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd023294
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JEFFREY N BROWN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0CURRENT BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt01578
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0JEFFREY N. BROWN IS THE OWNER OF BROWN'S INSURANCE AGENCY. BROWN'S INSURANCE AGENCY WRITES MOST OF PIAA'S PROPERTY AND COMMERCIAL AUTO COVERAGE.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION HAS MEMBERS WHO PAY REGULAR DUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GENERAL MEMBERSHIP ELECTS THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS ELECTS THE OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE AUDIT COMMITTEE REVIEWS FORM 990 BEFORE IT IS FILED. THE BUDGET AND FINANCE OFFICERS RECEIVE A COPY OF THE 990 AS WELL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PERSONS COVERED BY THE CONFLICT OF INTEREST POLICY WILL ANNUALLY DISCLOSE THEIR POTENTIAL CONFLICT TO THE PRESIDENT OF THE BOARD OF DIRECTORS BY COMPLETING A CONFLICT OF INTEREST DISCLOSURE FORM. THE BOARD OF DIRECTORS MUST IDENTIFY POTENTIAL CONFLICTS OF INTEREST TO THE BOARD AND REMOVE THEMSELF FROM ALL DISCUSSION AND VOTING ON THE MATTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS TO DETERMINE THE COMPENSATION OF THE CEO IS: 1. REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS OF THE ASSOCIATION. 2. USE OF DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS. 3. CONTEMPORANEOUS DOCUMENATION AND RECORDKEEPING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ASSOCIATION PROVIDES A COPY TO ANYONE WHO REQUESTS A COPY OF THE ASSOCIATION'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS. ADDITIONALLY, AT THE ANNUAL MEETING THESE DOCUMENTS ARE DISTRIBUTED FREELY TO ALL MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE INDEPENDENT ACCOUNTANT SELECTION AND THE AUDIT COMMITTEE'S FINANCIAL STATEMENT REVIEW PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0208065399
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0VA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0INSURANCE SALES
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0PIA INSURANCE SERVICES INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt0349073
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt0258873
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt08751 PARK CENTRAL DRIVE SUITE 140
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0RICHMOND
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0VA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd023227
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.05$0.07$1.12$1.17$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.12$0.12$1.18$1.04$0.15
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.18$0.03$1.05$0.98$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.16$0.26$0.10$0.93$0.89$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.31$0.45$0.14$0.90$0.79$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.55$0.25$0.83$0.84$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.57$0.23$0.90$0.96$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.37$0.53$0.16$0.92$0.97$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.46$0.57$0.11$0.98$0.95$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.56$0.70$0.14$0.85$0.87$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.60$0.73$0.13$0.94$0.95$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.72$0.83$0.11$0.88$0.92$0.04
2012Summary only. Only limited summary data is available for this year.$0.79$0.85$0.06$0.95$0.94$0.00
2011Summary only. Only limited summary data is available for this year.$0.87$0.93$0.07$0.96$0.97$0.01
2010Summary only. Only limited summary data is available for this year.$0.88$0.88$0.00$1.03$1.09$0.06