EIN 23-0724010

Insurance Society of Philadelphia

Name: Insurance Society of Philadelphia financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Mount Laurel

State

New Jersey

Year formed

1901

Most recent tax filings

2023-12-01

NTEE code, primary

B03: Education Professional Societies and Associations

Description

Insurance Society of Philadelphia educates and promotes professionalism, talent development, scholarship and networking in the insurance, legal, and financial services industries. It provides scholarships to students studying risk management, insurance or insurance related industries while engaging them in networking events.

Total revenues

$303,545

2023

Total expenses

$415,030

2023

Total assets

$1,596,762

2023

Num. employees

2023

Program areas at Insurance Society of Philadelphia

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 along with engaging them in networking events.

Who funds Insurance Society of Philadelphia

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
The Cozen O'Connor Foundation	2023-12	Charitable Contribution - Unrestriced To Support Non-Profits Mission.	$11,500
The Maguire Foundation (MF)	2023-12	For General Needs of Organization	$6,000

Personnel at Insurance Society of Philadelphia

Name	Title	Compensation	Date of data
Joseph P Maher	Executive Director	$50,000	2023-12-31
Robert McCaw	Treasurer		2024-10-10
David Russo	Secretary	$0	2023-12-31
Ann Marie Snyder	Chair	$0	2023-12-31
Edward Hanna	Past Chair	$0	2023-12-31
...and 7 more key personnel

Financials for Insurance Society of Philadelphia

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$341,405	$374,900	-8.9%
Program services	$0	$20,000	-100%
Investment income and dividends	$29,191	$29,298	-0.4%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$4,084	$7,798	-47.6%
Net income from fundraising events	$-71,135	$-22,577	-215.1%
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$303,545	$409,419	-25.9%

Form 990s for Insurance Society of Philadelphia

Fiscal year ending	Date received by IRS	Form	PDF link
2023-12	2024-10-10	990	View PDF
2022-12	2023-11-14	990	View PDF
2021-12	2022-10-24	990	View PDF
2020-12	2021-09-22	990	View PDF
2019-12	2021-10-15	990	View PDF
...and 10 more Form 990s

Organizations like Insurance Society of Philadelphia

Organization	Type	Location	Revenue
AGMA Foundation	501(c)(3)	Alexandria, VA	$92,617
National Assoc for Phys Ed in Higher Education	501(c)(3)	Cambridge, MA	$193,057
Naturopathic Medical Student Association	501(c)(3)	Portland, OR	$187,299
Virginia Society for Technology in Education	501(c)(3)	Covington, VA	$673,523
CG Jung Institute of Chicago	501(c)(3)	Chicago, IL	$406,369
Ohio Council of Teachers of Mathematics	501(c)(3)	Delaware, OH	$128,207
Georgia Association for Gifted Children	501(c)(3)	Chatsworth, GA	$234,086
World Association for Public Opinion Research	501(c)(3)	Alexandria, VA	$331,065
Ib Ma Mid Atlantic Association of Ib World Schools	501(c)(3)	Madison, WI	$115,708
Arizona Emergency Nurses Association	501(c)(3)	Yuma, AZ	$99,698

Data update history

December 3, 2024

Posted financials

Added Form 990 for fiscal year 2023

November 27, 2024

Updated personnel

Identified 9 new personnel

January 2, 2024

Received grants

Identified 1 new grant, including a grant for $10,000 from The Cozen O'Connor Foundation

December 26, 2023

Received grants

Identified 1 new grant, including a grant for $5,000 from The Maguire Foundation (MF)

December 25, 2023

Posted financials

Added Form 990 for fiscal year 2022

Nonprofit Types

Professional associationsBusiness and community development organizationsSchoolsCharities

Issues

EducationCommunity improvementBusiness and industry

Characteristics

Fundraising eventsProvides scholarshipsGala fundraisersFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employeesAccepts online donations

General information

Address: 1120 Route 73 200; Mount Laurel, NJ 08054
Metro area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County: Burlington County, NJ
Website URL: insurancesociety.org/default.aspx
Phone: (215) 867-8102

IRS details

EIN: 23-0724010
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1901
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: B03: Education Professional Societies and Associations
NAICS code, primary: 813920: Professional Associations
Parent/child status: Independent

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Insurance Society of Philadelphia

Program areas at Insurance Society of Philadelphia

Who funds Insurance Society of Philadelphia

Personnel at Insurance Society of Philadelphia

Financials for Insurance Society of Philadelphia

Form 990s for Insurance Society of Philadelphia

Organizations like Insurance Society of Philadelphia

Nonprofits

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