AMERICAN INSTITUTE FOR CHARTERED PROPERTY CASUALTY UNDERWRITERS Charity Report

Public IRS 990 nonprofit record

AMERICAN INSTITUTE FOR CHARTERED PROPERTY CASUALTY UNDERWRITERS

EIN 23-1352012 · Mutual & Membership Benefit (Y200)

What they do

THE INSTITUTES PROVIDES EDUCATIONAL OFFERINGS to THE PUBLIC REGARDING RISK MANAGEMENT and INSURANCE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $80.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders60 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

67.02%of revenue went to mission work80.2% of expenses · Program services

$83.53spent for every $100 of revenueRevenue covered expenses this year.

16.50%of revenue went to management and office costs19.8% of expenses

$3.91in assets for every $1 spent this yearSome assets cannot be spent right away.

1.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $3,209,292 for PETER L MILLER (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$102,923,855

Mission workProgram services$68,983,52067.02% of revenue80.2% of expenses

ManagementOffice and general costs$16,985,26716.50% of revenue19.8% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$16,955,06816.47% of revenueShown in gray on the chart

Total expenses$85,968,78783.53% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 80.2% mission · 19.8% management · 0.0% fundraisingTotal expenses: 83.53% of revenue

2023Expense mix: 93.7% mission · 6.3% management · 0.0% fundraisingTotal expenses: 86.02% of revenue

2022Expense mix: 94.0% mission · 6.0% management · 0.0% fundraisingTotal expenses: 91.73% of revenue

2021Expense mix: 89.4% mission · 10.6% management · 0.0% fundraisingTotal expenses: 78.35% of revenue

2020Expense mix: 91.6% mission · 8.4% management · 0.0% fundraisingTotal expenses: 81.26% of revenue

2019Expense mix: 93.9% mission · 6.1% management · 0.0% fundraisingTotal expenses: 97.77% of revenue

2018Expense mix: 91.1% mission · 8.8% management · 0.1% fundraisingTotal expenses: 93.86% of revenue

2017Expense mix: 89.2% mission · 10.7% management · 0.1% fundraisingTotal expenses: 69.58% of revenue

Money in and money out

Revenue$102,923,855

Expenses$85,968,787

Annual surplus $16,955,068 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$68,983,520 · 80.2% of expenses

Management and office costs$16,985,267 · 19.8% of expenses

See all reported dollar amounts

Revenue$102,923,855

Expenses$85,968,787

Assets$336,205,351

Income$215,896,732

Contributions$1,401,732

Mission work (program services)$68,983,520

Grants given$155,000

Average grant$17,222

Management and general$16,985,267

Stocks and bonds$140,168,955

Accounting fees$521,943

Investing fees$687,158

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

PETER L MILLERPRESIDENT/CEO · 45 hrs/week $3,209,292Base $2,965,200 · Other $244,092

KATHERINE HOROWITZEXEC. VP & HEAD OF BUS. UNITS · 45 hrs/week $1,070,919Base $1,005,941 · Other $64,978

SEAN KEVELIGHANCEO TRIPLE I $872,488Base $810,163 · Other $62,325

MATTHEW KAHNPRESIDENT OF RISK & INSURANCE $732,979Base $676,159 · Other $56,820

ROBERT HARACZSVP AND CIO · 45 hrs/week $605,853Base $534,329 · Other $71,524

JEFFREY A SCHEIDTTREASURER · 45 hrs/week $602,545Base $533,367 · Other $69,178

SPENSER VILLWOCKPRESIDENT OF CPCU SOCIETY $471,857Base $415,255 · Other $56,602

CHRISTOPHER MCDANIELPRESIDENT OF CRC $453,003Base $391,484 · Other $61,519

HUNTER FAUSNACHTPRESIDENT - AGENT & BROKER · 45 hrs/week $435,091Base $397,704 · Other $37,387

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (60)

PETER L MILLERPRESIDENT/CEO

KATHERINE HOROWITZEXEC. VP & HEAD OF BUS. UNITS

SEAN KEVELIGHANCEO TRIPLE I

MATTHEW KAHNPRESIDENT OF RISK & INSURANCE

ROBERT HARACZSVP AND CIO

JEFFREY A SCHEIDTTREASURER

SPENSER VILLWOCKPRESIDENT OF CPCU SOCIETY

CHRISTOPHER MCDANIELPRESIDENT OF CRC

HUNTER FAUSNACHTPRESIDENT - AGENT & BROKER

PATRICK F KEEGAN JRTRUSTEE

RICHARD P CREEDONTRUSTEE

RICHARD G MILLS JRTRUSTEE (BEG. JUNE)

RAUL VARGASTRUSTEE

ROHIT VERMATRUSTEE

NORMAN A BAGLINITRUSTEE

MONICA NINGENTRUSTEE (BEG. JUNE)

MICHAEL KERNERTRUSTEE

MELISSA BURT DEVRIESETRUSTEE

MARKHAM R MCKNIGHTTRUSTEE

ROBERT JAMESTRUSTEE

LEONID RASINTRUSTEE

SCOTT PURVIANCETRUSTEE

SCOTT R JEANTRUSTEE

SUSAN RIVERATRUSTEE

THERESE M VAUGHANTRUSTEE

THOMAS B AHARTTRUSTEE

THOMAS J OBROKTA JRTRUSTEE

TODD JONESTRUSTEE (END. JUNE)

TRACI ADEDEJITRUSTEE (BEG. JAN)

TREVOR BALDWINTRUSTEE (BEG. JUNE)

W ROBERT BERKLEY JRCHAIR

WAYNE PEACOCKTRUSTEE (END. JUNE)

J PATRICK GALLAGHER JRTRUSTEE

ANTHONY KUCZINSKITRUSTEE (END. JUNE)

AXEL FREIBOTHTRUSTEE

CARL HESSTRUSTEE

CHRIS SCHELLTRUSTEE (END. JUNE)

CRAIG KLIETHERMESTRUSTEE

DAVID A NORTHTRUSTEE

DEAN KLISURATRUSTEE

DINO E ROBUSTOTRUSTEE

DOREEN D CRAWLEYTRUSTEE

EDWARD J LARGENT IIITRUSTEE

ERIC ANDERSENTRUSTEE (BEG. JUNE)

FREDERICK EDMONDTRUSTEE

GREIG WOODRINGTRUSTEE

MARK C RUSSELLTRUSTEE

J POWELL BROWNTRUSTEE

JAMES SHEATRUSTEE (BEG. JUNE)

JOAN LAMM-TENNANTTRUSTEE

JOHN C ROCHEVICE CHAIR

JOHN J MARCHIONITRUSTEE

JOHN K SMITHTRUSTEE

JOHN M HOWARDTRUSTEE

JUAN C ANDRADETRUSTEE

KARA RAIGUELTRUSTEE

KEVIN J ODONNELLTRUSTEE

KIRT A WALKERTRUSTEE

A MORRIS TOOKERTRUSTEE (BEG. JUNE)

MARITA ZURAITISTRUSTEE

About this charity

Recognized since: January 1943
Location: 720 PROVIDENCE RD STE 100, MALVERN, PA 19355-3449
County: Chester
In care of: % DOUG HYMAS
Primary officer: PETER MILLER, PRESIDENT & CEO

How to reach them

WebsiteVisit the charity’s website Emailcustomersuccess@theinstitutes.org Phone(610) 644-2100

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: PWC US TAX LLP
NTEE classification: Mutual & Membership Benefit (Y200)
Grant-giving organization: Yes