Mrm Property & Liability Trust
990 • Fiscal year 2013 • EIN 77-0590806
Scores are not available for this record yet.
Assets
Flat$16,282,675
Flat from 2013
Net Assets
Flat$16,282,675
Flat from 2013
Liabilities
Flat$0
Flat from 2013
Revenue
-
No earlier filing loaded for comparison.
Expenses
Flat$8,091,899
Flat from 2013
Net Income
-
No earlier filing loaded for comparison.
- Filing Period
- May 1, 2012 to Apr 30, 2013
- Signed
- Jul 12, 2013
- Return Version
- 2012v2.1
- Gross Receipts
- $19,890,789
Mission
The mission of the Organization is to provide adequate and affordable property and liability coverage for each participant, all of whom are government entities, at the lowest possible cost by pooling or sharing of certain liability risks and to reduce the amount and frequency of losses incurred by each participant by utilizing loss control procedures.
Major Activities
- Activity 2
- Organization strives to minimize costs incurred by participants for obtaining adequate and affordable property and liability insurance. The organization returns a portion of policy premiums to its members in the form of policy dividends based upon claims experience thereby reducing the cost of coverage to participants.
- Activity 3
- Organization strives to reduce the amount and frequency of losses incurred by each participant by utilizing loss control procedures.
Filer
- EIN
- 77-0590806
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|---|---|---|
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| IRS990/ActivitiesConductedPartnership | 0 | 0 |
| IRS990/Activity2/Description | 0 | Organization strives to minimize costs incurred by participants for obtaining adequate and affordable property and liability insurance. The organization returns a portion of policy premiums to its members in the form of policy dividends based upon claims experience thereby reducing the cost of coverage to participants. |
| IRS990/Activity2/Expense | 0 | 1659986 |
| IRS990/Activity3/Description | 0 | Organization strives to reduce the amount and frequency of losses incurred by each participant by utilizing loss control procedures. |
| IRS990/Activity3/Expense | 0 | 19992 |
| IRS990/ActivityOrMissionDescription | 0 | The Organization provides and administers a property and casualty insurance program pursuant to Pennsylvania statutory authority for the benefit of its participants, government entities, at the lowest possible cost and strives to reduce the frequency and amount of losses, minimize the costs incurred by participants in the handling and litigation of claims, and to protect participants from the volatility of the commercial insurance market. |
| IRS990/ActivityOther/Description | 0 | Organization strives to protect each participant from the volatility and high premiums of the commercial insurance markets. |
| IRS990/AddressPrincipalOfficerUS/AddressLine1 | 0 | 2591 Wexford-Bayne Rd |
| IRS990/AddressPrincipalOfficerUS/City | 0 | Sewickley |
| IRS990/AddressPrincipalOfficerUS/State | 0 | PA |
| IRS990/AddressPrincipalOfficerUS/ZIPCode | 0 | 15143 |
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| IRS990/Form990PartVIISectionA/NamePerson | 0 | Robert Powers |
| IRS990/Form990PartVIISectionA/NamePerson | 1 | James Reid |
| IRS990/Form990PartVIISectionA/NamePerson | 2 | Pete Poninsky Sr |
| IRS990/Form990PartVIISectionA/NamePerson | 3 | J Howard Theis |
| IRS990/Form990PartVIISectionA/NamePerson | 4 | William King |
| IRS990/Form990PartVIISectionA/NamePerson | 5 | William Poston |
| IRS990/Form990PartVIISectionA/NamePerson | 6 | Lester Houck |
| IRS990/Form990PartVIISectionA/NamePerson | 7 | Matthew R Mathews |
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| IRS990/Form990PartVIISectionA/Title | 0 | Chairman |
| IRS990/Form990PartVIISectionA/Title | 1 | Vice Chairman |
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| IRS990/Form990PartVIISectionA/Title | 3 | Trustee |
| IRS990/Form990PartVIISectionA/Title | 4 | Trustee |
| IRS990/Form990PartVIISectionA/Title | 5 | Trustee |
| IRS990/Form990PartVIISectionA/Title | 6 | Trustee |
| IRS990/Form990PartVIISectionA/Title | 7 | CEO/Trust Administrator |
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| IRS990/IndoorTanningServices | 0 | 0 |
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| IRS990/Insurance/Total | 0 | 1829932 |
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| IRS990/InvestmentInJointVenture | 0 | 0 |
| IRS990/InvestmentsPubTradedSecurities/BOY | 0 | 12768993 |
| IRS990/InvestmentsPubTradedSecurities/EOY | 0 | 15186172 |
| IRS990/LandBldgEquipmentAccumDeprec | 0 | 2068 |
| IRS990/LandBuildingsEquipmentBasis | 0 | 2068 |
| IRS990/LandBuildingsEquipmentBasisNet/BOY | 0 | 91 |
| IRS990/LandBuildingsEquipmentBasisNet/EOY | 0 | 0 |
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| IRS990/LoanToOfficerOrDQP | 0 | 0 |
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| IRS990/MissionDescription | 0 | The mission of the Organization is to provide adequate and affordable property and liability coverage for each participant, all of whom are government entities, at the lowest possible cost by pooling or sharing of certain liability risks and to reduce the amount and frequency of losses incurred by each participant by utilizing loss control procedures. |
| IRS990/MoreThan5000KToIndividuals | 0 | 0 |
| IRS990/MoreThan5000KToOrganizations | 0 | 0 |
| IRS990/NameOfPrincipalOfficerPerson | 0 | Matthew R Mathews |
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| IRS990/NumberFormsTransmittedWith1096 | 0 | 9 |
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| IRS990/NumberW2GIncluded | 0 | 0 |
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| IRS990/OtherExpenses/Description | 0 | Claims paid |
| IRS990/OtherExpenses/Description | 1 | Premium billing service |
| IRS990/OtherExpenses/Description | 2 | Trust administration fe |
| IRS990/OtherExpenses/Description | 3 | Subbroker Commissions |
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| IRS990/OtherSalariesAndWages/Total | 0 | 40976 |
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| IRS990/ProgramServiceRevenueCY | 0 | 9154658 |
| IRS990/ProgramServiceRevenue/Description | 0 | Premiums collected |
| IRS990/ProgramServiceRevenue/Description | 1 | Administrative fees |
| IRS990/ProgramServiceRevenue/Description | 2 | Salvage/subrogation proceeds |
| IRS990/ProgramServiceRevenue/Description | 3 | Restitution received |
| IRS990/ProgramServiceRevenue/Description | 4 | Expense reimbursements |
| IRS990/ProgramServiceRevenuePriorYear | 0 | 9012747 |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 0 | 8711309 |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 1 | 273171 |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 2 | 166661 |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 3 | 1925 |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 4 | 1592 |
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| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 1 | 273171 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 2 | 166661 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 3 | 1925 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 4 | 1592 |
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| IRS990/RelatedEntity | 0 | 1 |
| IRS990/RelatedOrgControlledEntity | 0 | 0 |
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| IRS990/ReportLandBldgEquip | 0 | 1 |
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| IRS990/ReportOtherLiabilities | 0 | 0 |
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| IRS990/SavingsAndTempCashInvestments/EOY | 0 | 788451 |
| IRS990ScheduleA/AmtsFromSubstContributors/Total | 0 | 0 |
| IRS990ScheduleA/AmtsRecdFromDisqualPersons/Total | 0 | 0 |
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| IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus2Years | 0 | 361825 |
| IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus3Years | 0 | 177408 |
| IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus4Years | 0 | 81058 |
| IRS990ScheduleA/GrossInvestmentIncome509/Total | 0 | 1494716 |
| IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYear | 0 | 9154658 |
| IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus1Year | 0 | 9012747 |
| IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus2Years | 0 | 8006177 |
| IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus3Years | 0 | 7893513 |
| IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus4Years | 0 | 8255939 |
| IRS990ScheduleA/GrossReceiptsFromAdmissions/Total | 0 | 42323034 |
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| IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus1Year | 0 | 418583 |
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| IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus3Years | 0 | 177408 |
| IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus4Years | 0 | 81058 |
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| IRS990ScheduleA/InvestmentIncomePercentage | 0 | 0.03410 |
| IRS990ScheduleA/PriorYearSupportPercentage | 0 | 0.96840 |
| IRS990ScheduleA/PriorYrInvestIncomePercentage | 0 | 0.03160 |
| IRS990ScheduleA/PubliclySupportedOrg509a2 | 0 | X |
| IRS990ScheduleA/PublicSupportPercentage509 | 0 | 0.96590 |
| IRS990ScheduleA/PublicSupportTotal509 | 0 | 42323034 |
| IRS990ScheduleA/SupportFromDQPsEtc/Total | 0 | 0 |
| IRS990ScheduleA/ThirtyThreePercntTestsCY509 | 0 | X |
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| IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years | 0 | 8255939 |
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| IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years | 0 | 8336997 |
| IRS990ScheduleA/TotalSupportTotal/Total | 0 | 43817750 |
| IRS990/ScheduleBRequired | 0 | 0 |
| IRS990ScheduleD/Equipment/BookValue | 0 | 0 |
| IRS990ScheduleD/Equipment/Depreciation | 0 | 2068 |
| IRS990ScheduleD/Equipment/OtherCostOrOtherBasis | 0 | 2068 |
| IRS990ScheduleD/ExpensesNotRptdF990 | 0 | 567988 |
| IRS990ScheduleD/ExpensesNotRptdOnFinStmt | 0 | 2146872 |
| IRS990ScheduleD/ExpensesSubtotal | 0 | 5945027 |
| IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation | 0 | Accrual to cash conversion 25,331. |
| IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation | 1 | Administrative fees netted against expense 273,672. Salvage/subrogation proceeds netted against paid claims 203,669. |
| IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation | 2 | Accrual to cash conversion 567,988. |
| IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation | 3 | Dividends paid 1,669,531. Administrative fees netted against revenue 273,672. Salvage/subrogation proceeds netted against paid claims 203,669. |
| IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier | 0 | Part XI, Line 2d - Other Adjustments: |
| IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier | 1 | Part XI, Line 4b - Other Adjustments: |
| IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier | 2 | Part XII, Line 2d - Other Adjustments: |
| IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier | 3 | Part XII, Line 4b - Other Adjustments: |
| IRS990ScheduleD/NetUnrealizedGainsInvestments | 0 | 533036 |
| IRS990ScheduleD/OtherExpensesIncluded | 0 | 567988 |
| IRS990ScheduleD/OtherExpensesNotIncluded | 0 | 2146872 |
| IRS990ScheduleD/OtherRevenues | 0 | 25331 |
| IRS990ScheduleD/OtherRevenuesNotIncluded | 0 | 477341 |
| IRS990ScheduleD/RevenueNotRptdF990 | 0 | 558367 |
| IRS990ScheduleD/RevenueNotRptdOnFinStmt | 0 | 477341 |
| IRS990ScheduleD/RevenueSubtotal | 0 | 9640853 |
| IRS990ScheduleD/TotalExpensesPerForm990 | 0 | 8091899 |
| IRS990ScheduleD/TotalOfBookValueLandBuildings | 0 | 0 |
| IRS990ScheduleD/TotalRevenuePerForm990 | 0 | 10118194 |
| IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt | 0 | 6513015 |
| IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt | 0 | 10199220 |
| IRS990/ScheduleJRequired | 0 | 0 |
| IRS990ScheduleL/Form990ScheduleLPartIV/AmountOfTransaction | 0 | 18732 |
| IRS990ScheduleL/Form990ScheduleLPartIV/AmountOfTransaction | 1 | 136019 |
| IRS990ScheduleL/Form990ScheduleLPartIV/DescriptionOfTransaction | 0 | The Assistant Risk Manager is the son of the Trust Administrator. |
| IRS990ScheduleL/Form990ScheduleLPartIV/DescriptionOfTransaction | 1 | The Trust Administrator is an independent contractor for MRM, Inc., which provides administrative services for the Trust. |
| IRS990ScheduleL/Form990ScheduleLPartIV/NameOfInterestedPerson/NameBusiness/BusinessNameLine1 | 0 | MRM Inc |
| IRS990ScheduleL/Form990ScheduleLPartIV/NameOfInterestedPerson/NamePerson | 0 | Richard A Mathews |
| IRS990ScheduleL/Form990ScheduleLPartIV/Relationship | 0 | Provides contract services to the Trust. |
| IRS990ScheduleL/Form990ScheduleLPartIV/Relationship | 1 | MRM, Inc. provides admistrative services to the Trust. |
| IRS990ScheduleL/Form990ScheduleLPartIV/SharingOfRevenues | 0 | 0 |
| IRS990ScheduleL/Form990ScheduleLPartIV/SharingOfRevenues | 1 | 0 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | The Assistant Risk Manager for the Organization is the son of the Trust Administrator. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | All participants in the Trust are political subdivisions within the Commonwealth of Pennsylvania. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | The Board of Trustees consists of seven persons, nominated by the Executive Committee of the Trust and approved by the Board of Trustees at least thirty days prior to the Annual Meeting, elected by a majority vote of the members present and voting at the Annual Meeting to serve three year terms commencing on the first day of the month following the Annual Meeting. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | Special Meetings may be called at any time by members entitled to cast at least twenty percent of the votes which all members of the Trust are entitled to cast at the particular meeting. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 4 | The Board of Trustees Chairman reviews a completed copy of the Form 990 prior to signing the return. If the chairman has any questions they are communicated to the Trust Administrator and auditors by e-mail prior to signing the return. Once all questions have been resolved to his satisfaction, he returns the signed copy to the Trust Administrator for filing. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 5 | Periodic reviews conducted by Board of Trustees and/or a designated outside advisor. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 6 | Board of Trustees authorizes compensation annually at budget adoption meeting. All compensation is based upon percentage of premiums bound during the year. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 7 | Copies of the Organization's Form 990 and Form 1023 are available upon written request to the following address: Trust Administrator MRM Property & Liability Trust 2591 Wexford-Bayne Road, Suite 301 Sewickley, PA 15143-8676 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 8 | Copies of the Organization's financial statements may be obtained by making written request to the following address: Trust Administrator MRM Property & Liability Trust 2591 Wexford-Bayne Road, Suite 301 Sewickley, PA 15143-8676 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | Form 990, Part VI, Section A, line 2 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | Form 990, Part VI, Section A, line 6 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 2 | Form 990, Part VI, Section A, line 7a |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 3 | Form 990, Part VI, Section A, line 7b |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 4 | Form 990, Part VI, Section B, line 11 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 5 | Form 990, Part VI, Section B, line 12 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 6 | Form 990, Part VI, Section B, line 15 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 7 | Form 990, Part VI, Section C, line 18 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 8 | Form 990, Part VI, Section C, line 19 |
| IRS990/ScheduleORequired | 0 | 1 |
| IRS990ScheduleR/DividendsRelatedOrganization | 0 | 0 |
| IRS990ScheduleR/ExchangeOfAssets | 0 | 0 |
| IRS990ScheduleR/Form990ScheduleRPartIV/AddressUS/AddressLine1 | 0 | 2591 Wexford-Bayne Road Suite 301 |
| IRS990ScheduleR/Form990ScheduleRPartIV/AddressUS/City | 0 | Sewickley |
| IRS990ScheduleR/Form990ScheduleRPartIV/AddressUS/State | 0 | PA |
| IRS990ScheduleR/Form990ScheduleRPartIV/AddressUS/ZIPCode | 0 | 151438676 |
| IRS990ScheduleR/Form990ScheduleRPartIV/ControlledOrg | 0 | 0 |
| IRS990ScheduleR/Form990ScheduleRPartIV/DirectControllingEntityNA | 0 | N/A |
| IRS990ScheduleR/Form990ScheduleRPartIV/LegalDomicileState | 0 | PA |
| IRS990ScheduleR/Form990ScheduleRPartIV/NameOfRelatedOrg/BusinessNameLine1 | 0 | MRM Workers' Compensation Pooled Trust |
| IRS990ScheduleR/Form990ScheduleRPartIV/PrimaryActivity | 0 | Self-insured workers' compensation trust with exempt income under Section 11 |
| IRS990ScheduleR/Form990ScheduleRPartIV/TypeOfEntity | 0 | C |
| IRS990ScheduleR/GiftGrantOrCapContrFrOtherOrg | 0 | 0 |
| IRS990ScheduleR/GiftGrantOrCapContrToOtherOrg | 0 | 0 |
| IRS990ScheduleR/LoansOrGuaranteesFromOtherOrg | 0 | 0 |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrg | 0 | 0 |
| IRS990ScheduleR/OtherTransferFromOtherOrg | 0 | 0 |
| IRS990ScheduleR/OtherTransferToOtherOrg | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesByOtherOrgs | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesForOtherOrgs | 0 | 0 |
| IRS990ScheduleR/PurchaseOfAssetsFromOtherOrg | 0 | 0 |
| IRS990ScheduleR/ReceiptOfIntAnnRentsRoyalties | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrg | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrg | 0 | 0 |
| IRS990ScheduleR/RentalOfFacilitiesFrOtherOrgs | 0 | 0 |
| IRS990ScheduleR/RentalOfFacilitiesToOtherOrgs | 0 | 0 |
| IRS990ScheduleR/SaleOfAssetsToOtherOrg | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilities | 0 | 0 |
| IRS990ScheduleR/SharingOfPaidEmployees | 0 | 0 |
| IRS990/School | 0 | 0 |
| IRS990/SignificantChange | 0 | 0 |
| IRS990/SignificantNewProgramServices | 0 | 0 |
| IRS990/StateLegalDomicile | 0 | PA |
| IRS990/SubjectToProxyTax | 0 | 0 |
| IRS990/TaxablePartyNotification | 0 | 0 |
| IRS990/TaxExemptBonds | 0 | 0 |
| IRS990/Terminated | 0 | 0 |
| IRS990/TermOrPermanentEndowments | 0 | 0 |
| IRS990/TheBooksAreInCareOf/AddressUS/AddressLine1 | 0 | 2591 Wexford-Bayne Road Suite 301 |
| IRS990/TheBooksAreInCareOf/AddressUS/City | 0 | Sewickley |
| IRS990/TheBooksAreInCareOf/AddressUS/State | 0 | PA |
| IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode | 0 | 151438676 |
| IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine1 | 0 | Chris Harem |
| IRS990/TheBooksAreInCareOf/TelephoneNumber | 0 | 7249349797 |
| IRS990/TotalAssets/BOY | 0 | 13723344 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2013 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $16,282,675
- Liabilities
- $0
- Net assets
- $16,282,675
- Revenue
- -
- Expenses
- $8,091,899
- Net income
- -