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EIN 23-1965995

Pennsylvania Property and Casualty Insurance Guaranty Association (PPCIGA)

IRS 501(c) type
501(c)(6)
Num. employees
14
City
Philadelphia
State
Pennsylvania
Year formed
1970
Most recent tax filings
2023-12-01
NTEE code, primary
S40: Business and Industry
Description
The Guaranty Association statute provides for a limited form of protection and not everyone will be placed in the same position they would have been had the insurance company remained solvent.
Also known as...
Suburban Station Bldg Ste 1620
Total revenues
$9,116,019
2023
Total expenses
$12,057,201
2023
Total assets
$161,962,262
2023
Num. employees
14
2023

Program areas at PPCIGA

During the year, the Pennsylvania Property & Casualty Insurance Guaranty Association provided payment of covered claims under certain Property and Casualty Insurance policies to avoid excessive delay in payment of such claims and to avoid financial loss to claimants or policy holders as a result of the insolvency of an insurer in accordance with title 40 - Insurance p.s. 991.1801 et seq of the Pennsylvania statute.

Personnel at PPCIGA

NameTitleCompensation
Douglas R. Fahringer, Esq.General Counsel$230,460
Raymond M. BausoExecutive Director$311,035
Christoher ShermerDirector of Accounting / Accounting Manager$217,704
Christopher W. ShermerDirector of Accounting and Member Issues
Joseph E. Krumenacker, JrManager, Information Technology
...and 3 more key personnel

Financials for PPCIGA

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$5,947,356
Investment income and dividends$3,112,281
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$56,382
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$9,116,019

Form 990s for PPCIGA

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990View PDF
2022-122023-11-14990View PDF
2021-122022-11-14990View PDF
2020-122021-11-12990View PDF
2018-122020-01-23990View PDF
...and 9 more Form 990s
Data update history
January 6, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 5, 2025
Used new vendors
Identified 2 new vendors, including , and
December 31, 2024
Used new vendors
Identified 1 new vendor, including
January 11, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Business and community development organizationsInsurance companiesEnvironmental organizations
Issues
Business and industry
Characteristics
MembershipsState / local level
General information
Address
1617 John F Kennedy Blvd 1850
Philadelphia, PA 19103
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Philadelphia County, PA
Website URL
ppciga.org/ 
Phone
(215) 568-1007
IRS details
EIN
23-1965995
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1970
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S40: Business and Industry
NAICS code, primary
524126: Direct Property and Casualty Insurance Carriers
Parent/child status
Independent
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