PENNSYLVANIA COMPENSATION RATING BUREAU: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- PENNSYLVANIA COMPENSATION RATING BUREAU (EIN 23-0958260)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-08
- IRS object ID
- 202413139349300331
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-08T08:57:37-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 232183936 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RAINER & COMPANY | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 CAMPUS BLVD STE 220 | AddressLine1Txt |
| City | NEWTOWN SQUARE | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 190733270 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 230958260 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PENNSYLVANIA COMPENSATION RATING | BusinessNameLine1Txt |
| Business Name Line2 | BUREAU | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PENN | BusinessNameControlTxt |
| Phone | 2153204414 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 S 17TH STREET | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN ZIMITSKI | PersonNm |
| Person Title | VP AND TREASURER | PersonTitleTxt |
| Phone | 2153204414 | PhoneNum |
| Signature | 2024-11-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL A DEHAVEN | PreparerPersonNm |
| PTIN | P00440289 | PTIN |
| Phone | 6103534610 | PhoneNum |
| Preparation | 2024-11-08 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JOHN ZIMITSKI | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 S 17TH STREET | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $14,366,315 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.PCRB.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1915 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | THE PENNSYLVANIA COMPENSATION RATING BUREAU (PCRB) IS THE LICENSED RATING ORGANIZATION FOR THE PROMULGATION AND DETERMINATION OF WORKERS' COMPENSATION INSURANCE RATING VALUES AND CLASSIFICATION SYSTEM USED BY INSURERS, AGENTS, AND EMPLOYERS IN THE COMMONWEALTH OF PENNSYLVANIA. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 114 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $13,451,652 | PYContributionsGrantsAmt |
| CY Contributions Grants | $14,213,467 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $9,243 | PYInvestmentIncomeAmt |
| CY Investment Income | $77,788 | CYInvestmentIncomeAmt |
| PY Other Revenue | $84,407 | PYOtherRevenueAmt |
| CY Other Revenue | $75,060 | CYOtherRevenueAmt |
| PY Total Revenue | $13,545,302 | PYTotalRevenueAmt |
| CY Total Revenue | $14,366,315 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $12,883,873 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $13,642,112 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $148,685 | PYOtherExpensesAmt |
| CY Other Expenses | $1,222,476 | CYOtherExpensesAmt |
| PY Total Expenses | $13,032,558 | PYTotalExpensesAmt |
| CY Total Expenses | $14,864,588 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $512,744 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$498,273 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $19,093,164 | TotalAssetsBOYAmt |
| Total Assets EOY | $18,802,235 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $12,007,983 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $10,934,836 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $7,085,181 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $7,867,399 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE PENNSYLVANIA COMPENSATION RATING | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | COLLECTING, EDITING, AND MAINTAINING WORKERS' COMPENSATION EXPERIENCE DATA FOR NON-COAL MINE COMMERCIAL MARKETS IN PENNSYLVANIA. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROMULGATION, APPLICATION AND ENFORCEMENT OF RISK CLASSIFICATIONS, UNDERWRITING RULES, RATING VALUES AND RATING PLANS APPLICABLE TO WORKERS' COMPENSATION INSURANCE WRITTEN IN PENNSYLVANIA. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PREPARATION, SUBMISSION AND DEFENSE OF REGULATORY FILINGS TO AMEND AND/OR MAINTAIN RISK CLASSIFICATIONS, UNDERWRITING RULES, RATING VALUES AND RATING PLANS APPLICABLE TO WORKERS' COMPENSATION INSURANCE WRITTEN IN PENNSYLVANIA. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 17 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 114 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | false | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN ZIMITSKI | PersonNm |
| Phone | 2153204414 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 S 17TH STREET | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Institutional TrusteeInstitutionalTrusteeInd |
|---|---|---|---|---|---|---|---|---|
| BRENT OTTO | ||||||||
| VP ACTUARIAL | 30.00 | 10.00 | Yes (X) | $409,703 | $0 | $56,097 | ||
| THOMAS CLEARY | ||||||||
| SENIOR VP & | 30.00 | 10.00 | Yes (X) | $340,905 | $0 | $17,354 | ||
| WILLIAM V TAYLOR | ||||||||
| PRESIDENT | 30.00 | 10.00 | Yes (X) | $321,353 | $0 | $21,228 | ||
| LISA LINDER | ||||||||
| VP - IT & CI | 30.00 | 10.00 | Yes (X) | $260,016 | $0 | $34,355 | ||
| PETER YOON | ||||||||
| DIR OF ACTUA | 30.00 | 10.00 | $170,535 | $0 | $54,792 | Yes (X) | ||
| JOHN ZIMITSKI | ||||||||
| VP AND TREAS | 30.00 | 10.00 | Yes (X) | $202,167 | $0 | $18,834 | ||
| ALEXANDER PAGAN | ||||||||
| DIRECTOR OF | 30.00 | 10.00 | $196,484 | $0 | $19,621 | Yes (X) | ||
| DAWN BELFUS | ||||||||
| VP DATA SERV | 30.00 | 10.00 | Yes (X) | $176,066 | $0 | $31,289 | ||
| KERRY ANN LOWE | ||||||||
| DIR - RATING | 30.00 | 10.00 | $166,108 | $0 | $33,075 | Yes (X) | ||
| RITA ANN LAMB | ||||||||
| DIR. DATA MA | 30.00 | 10.00 | $168,244 | $0 | $11,474 | Yes (X) | ||
| MICHAEL HENKIN | ||||||||
| DIRECTOR OF | 30.00 | 10.00 | $157,736 | $0 | $18,433 | Yes (X) | ||
| RAVINDRA SINGH | ||||||||
| DIR. OF SOFT | 30.00 | 10.00 | $157,084 | $0 | $15,523 | Yes (X) | ||
| AMERICAN HOME ASSURANCE COMPANY | ||||||||
| CHAIR | 1.60 | $0 | $0 | $0 | Yes (X) | |||
| NATIONAL FEDERATION OF INDEP BUS | ||||||||
| TRUSTEE | 1.60 | $0 | $0 | $0 | Yes (X) | |||
| TRAVELERS INDEMNITY CO | ||||||||
| VICE CHAIR | 1.60 | $0 | $0 | $0 | Yes (X) | |||
| LIBERTY MUTUAL INSURANCE CO | ||||||||
| TRUSTEE | 1.60 | $0 | $0 | $0 | Yes (X) | |||
| ZENITH INSURANCE CO | ||||||||
| TRUSTEE | 1.60 | $0 | $0 | $0 | Yes (X) | |||
| ZURICH INSURANCE CO | ||||||||
| TRUSTEE | 1.60 | $0 | $0 | $0 | Yes (X) | |||
| STATE WORKERS INSURANCE FUND | ||||||||
| TRUSTEE | 1.60 | $0 | $0 | $0 | Yes (X) | |||
| EASTERN ALLIANCE INSURANCE GROUP | ||||||||
| TRUSTEE | 1.60 | $0 | $0 | $0 | Yes (X) | |||
| PA CHAMBER OF BUSINESS INDUSTRY | ||||||||
| TRUSTEE | 1.60 | $0 | $0 | $0 | Yes (X) | |||
| DEPARTMENT OF LABOR INDUSTRY | ||||||||
| TRUSTEE | 1.60 | $0 | $0 | $0 | Yes (X) | |||
| BRICKSTREET MUTUAL INSURANCE | ||||||||
| TRUSTEE | 1.60 | $0 | $0 | $0 | Yes (X) | |||
| UPMC | ||||||||
| TRUSTEE | 1.60 | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,726,401 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $332,075 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 23 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line2ContractorAddress/USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|
| WINDMILL SOFTWARE | ||||||
| 1130 DARZUCK DRIVE | CONCORD | PA | 19060 | SOFTWARE DEV. | $546,450 | |
| TEKSYSTEMS | ||||||
| 575 SWEDESFORD RD | WAYNE | PA | 19087 | TECH CONSULTANT | $439,197 | SUITE 310 |
| Z CONSULTING | ||||||
| 1600 ARCH STREET | PHILADELPHIA | PA | 19103 | SOFTWARE DEV. | $278,000 | UNIT 901 |
| 30 S 17TH STREET PROPERTY OWNER LLC | ||||||
| 30 S 17TH STREET | PHILADELPHIA | PA | 19103 | RENT | $264,598 | |
| CLOVERLEAF ANALYTICS INC | ||||||
| 300 W 6TH STREET | AUSTIN | TX | 78701 | TECH CONSULTANT | $222,990 | SUITE 1900 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $14,213,467 | MembershipDuesAmt |
| Total Contributions | $14,213,467 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $77,788 | TotalRevenueColumnAmt |
| Exclusion | $77,788 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRINTING AND SPECIAL SERVICES | Desc |
| Total Revenue Column | $75,060 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $75,060 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $75,060 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $14,366,315 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $75,060 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $77,788 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,538,313 | TotalAmt |
| Program Services | $4,538,313 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,427,507 | TotalAmt |
| Program Services | $5,427,507 | ProgramServicesAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,308,889 | TotalAmt |
| Program Services | $1,308,889 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,643,105 | TotalAmt |
| Program Services | $1,643,105 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $724,298 | TotalAmt |
| Program Services | $724,298 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $123,803 | TotalAmt |
| Program Services | $123,803 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,781 | TotalAmt |
| Program Services | $73,781 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $230,383 | TotalAmt |
| Program Services | $230,383 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $101,171 | TotalAmt |
| Program Services | $101,171 | ProgramServicesAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,856,686 | TotalAmt |
| Program Services | $1,856,686 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $739,473 | TotalAmt |
| Program Services | $739,473 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $258,972 | TotalAmt |
| Program Services | $258,972 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $713,840 | TotalAmt |
| Program Services | $713,840 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $104,371 | TotalAmt |
| Program Services | $104,371 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| WCRI BENCHMARKING STUDY | $195,000 | $195,000 |
| EMPLOYEE OVERHEAD | $147,579 | $147,579 |
| BAD DEBT EXPENSE | $76,507 | $76,507 |
| EQUIPMENT AND FURNISHINGS | $67,464 | $67,464 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -$3,466,554 | TotalAmt |
| Program Services | -$3,466,554 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,864,588 | TotalAmt |
| Program Services | $14,864,588 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $844,900 | BOYAmt |
| EOY | $1,391,858 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $269,992 | BOYAmt |
| EOY | $80,948 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $461,039 | BOYAmt |
| EOY | $678,550 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $452,686 | BOYAmt |
| EOY | $525,162 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $8,044,988 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,717,373 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,345,620 | BOYAmt |
| EOY | $6,327,615 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,289,503 | BOYAmt |
| EOY | $2,381,245 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,027 | BOYAmt |
| EOY | $40,027 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,389,397 | BOYAmt |
| EOY | $7,376,830 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,093,164 | BOYAmt |
| EOY | $18,802,235 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,198,863 | BOYAmt |
| EOY | $1,225,506 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,809,120 | BOYAmt |
| EOY | $9,709,330 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,007,983 | BOYAmt |
| EOY | $10,934,836 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,085,181 | BOYAmt |
| EOY | $7,867,399 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,085,181 | BOYAmt |
| EOY | $7,867,399 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,093,164 | BOYAmt |
| EOY | $18,802,235 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$498,273 | ReconcilationRevenueExpnssAmt |
| Prior Period Adjustments | -$18,576 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $1,299,067 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $878,635 | OtherCostOrOtherBasisAmt |
| Depreciation | $89,557 | DepreciationAmt |
| Book Value | $789,078 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $426,805 | OtherCostOrOtherBasisAmt |
| Depreciation | $369,218 | DepreciationAmt |
| Book Value | $57,587 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,739,548 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,258,598 | DepreciationAmt |
| Book Value | $5,480,950 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $6,327,615 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| RIGHT OF USE ASSET - NET | $7,258,150 |
| DEFERRED COMPENSATION DEPOSIT | $70,494 |
| DUE FROM DCRB | $48,186 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $7,376,830 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (7 entries)
| DescDesc | AmtAmt |
|---|---|
| OPERATING LEASE LONG-TERM PORTION | $8,003,984 |
| ACCRUED PENSION LIABILITY | $1,116,886 |
| OPERATING LEASE CURRENT PORTION | $263,482 |
| ASSESSMENTS REFUNDABLE TO MEMBERS | $156,129 |
| FINANCE LEASE LONG-TERM PORTION | $96,610 |
| DEFERRED COMPENSATION PAYABLE | $48,682 |
| FINANCE LEASE CURRENT PORTION | $23,557 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $9,709,330 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $15,665,382 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $1,299,067 | OtherRevenueAmt |
| Revenue Not Reported | $1,299,067 | RevenueNotReportedAmt |
| Revenue Subtotal | $14,366,315 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $14,366,315 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $14,864,588 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $14,864,588 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $14,864,588 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 3, PART X | PCRB RECOGNIZES INTEREST ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. NO SUCH INTEREST OR PENALTIES WERE RECOGNIZED DURING 2023 AND 2022. PCRB'S FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX FOR THE YEARS ENDED 2020 THROUGH 2023 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. |
| SCHEDULE D, PAGE 4, PART XI, LINE 2D | MINIMUM PENSION LIABILITY 1,299,067 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt |
|---|---|---|---|---|---|---|
| BRENT OTTO | ||||||
| VP ACTUARIAL | $329,556 | $80,147 | $20,487 | $35,610 | $465,800 | |
| THOMAS CLEARY | ||||||
| SENIOR VP & COO | $286,632 | $50,000 | $16,009 | $1,345 | $358,259 | $4,273 |
| WILLIAM V TAYLOR | ||||||
| PRESIDENT | $283,463 | $35,000 | $19,883 | $1,345 | $342,581 | $2,890 |
| LISA LINDER | ||||||
| VP - IT & CIO | $208,178 | $51,838 | $29,252 | $5,103 | $294,371 | |
| PETER YOON | ||||||
| DIR OF ACTUARIAL RES | $147,792 | $22,743 | $30,000 | $24,792 | $225,327 | |
| JOHN ZIMITSKI | ||||||
| VP AND TREASURER | $188,299 | $13,868 | $18,102 | $732 | $221,001 | |
| ALEXANDER PAGAN | ||||||
| DIRECTOR OF IT | $180,951 | $15,533 | $18,049 | $1,572 | $216,105 | |
| DAWN BELFUS | ||||||
| VP DATA SERVICES | $158,466 | $17,600 | $31,289 | $207,355 | ||
| KERRY ANN LOWE | ||||||
| DIR - RATING RULES | $159,448 | $6,660 | $7,378 | $25,697 | $199,183 | |
| RITA ANN LAMB | ||||||
| DIR. DATA MANAGEMENT | $155,558 | $12,686 | $9,567 | $1,907 | $179,718 | |
| MICHAEL HENKIN | ||||||
| DIRECTOR OF HR | $144,939 | $12,797 | $16,831 | $1,602 | $176,169 | |
| RAVINDRA SINGH | ||||||
| DIR. OF SOFTWARE ENG | $157,084 | $10,623 | $4,900 | $172,607 | ||
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 6 | THE PCRB'S MEMBERS ARE COMPRISED OF ALL PROPERTY/CASUALTY INSURERS LICENSED TO WRITE WORKERS' COMPENSATION BUSINESS IN THE COMMONWEALTH OF PENNSYLVANIA. |
| FORM 990, PAGE 6, PART VI, LINE 7A | GOVERNING BOARD MEMBERS ARE ELECTED BY A VOTE OF ALL MEMBERS PRESENT AND VOTING AT AN ANNUAL MEETING OF THE PCRB ATTENDED BY SUFFICIENT MEMBERS TO ATTAIN A QUORUM UNDER THE TERMS OF THE PCRB'S BY-LAWS. |
| FORM 990, PAGE 6, PART VI, LINE 7B | APPROVAL FROM MEMBERS FOR THE FOLLOWING DECISIONS/ACTIONS REQUIRE AFFIRMATIVE VOTES OF THE MEMBERSHIP IN ORDER TO GAIN APPROVAL 1)AMENDMENT, ALTERATION OR REPEAL OF ANY AND ALL PROVISIONS OF THE PCRB'S BY-LAWS (SUCH CHANGES REQUIRE TWO-THIRDS VOTE OF THE MEMBERS PRESENT AND VOTING WITH THE BENEFIT OF A QUORUM), 2)AMENDMENT, ALTERATION, REPEAL OR RE-ENACTMENT OF THE BUREAU'S ARTICLES OF INCORPORATION OR BY-LAWS WITH RESPECT TO THE BUREAU'S QUALIFICATION AND OPERATION AS A LICENSED RATING ORGANIZATION IN THE COMMONWEALTH OF PENNSYLVANIA, OR THE DIVISION OF THE BUREAU, OR THE VOLUNTARY DISSOLUTION AND WINDING UP OF THE BUREAU, OR THE SALE OF A SUBSTANTIAL PORTION OF THE BUREAU'S ASSETS. (THE PRECEDING FIVE TYPES OF CHANGES REQUIRE THE AFFIRMATIVE VOTE OF (A) TWO-THIRDS OF THE ENTIRE GOVERNING BOARD AT A DULY CONVENED MEETING OF THE GOVERNING BOARD CALLED FOR SUCH PURPOSE, AND (B) TWO-THIRDS OF ALL MEMBERS OF THE BUREAU AT A DULY CONVENED ANNUAL MEETING OF THE BUREAU, OR AT A DULY CONVENED SPECIAL MEETING CALLED FOR SUCH PURPOSE. |
| FORM 990, PAGE 6, PART VI, LINE 11B | PRIOR TO FILING THE FORM 990, THE RETURN WAS EMAILED TO ALL MEMBERS OF THE PCRB GOVERNING BOARD. ALL GOVERNING BOARD MEMBERS WERE ASKED TO REVIEW THE FORM AND PROVIDE COMMENTS OR QUESTIONS FOR STAFF CONSIDERATION. AS OF THE DATE THAT PCRB FILED THE FORM 990, NO ADVERSE COMMENTS OR QUESTIONS REQUIRING ANY CHANGES TO THE FORM 990 AS DISTRIBUTED TO THE GOVERNING BOARD HAD BEEN RECEIVED. SHOULD SUCH ADVERSE COMMENTS OR QUESTIONS BE RECEIVED SUBSEQUENT TO THE FILING DATE OF THE FORM 990, PCRB WILL APPROPRIATELY AMEND THE FORM 990 FILING. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE TOTAL REMUNERATION (SALARY, OTHER CASH AND BENEFITS) GIVEN TO THE PCRB'S PRESIDENT WAS REVIEWED BY THE COMPENSATION SUBCOMMITTEE OF THE PCRB GOVERNING BOARD. THE PRESIDENTS' COMPENSATION, INCLUDING INCENTIVES AND BENEFITS, ARE ESTABLISHED ANNUALLY BY ACTION OF THE GOVERNING BOARD. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE TOTAL REMUNERATION (SALARY, OTHER CASH AND BENEFITS) GIVEN TO THE PCRB'S OFFICERS AND KEY EMPLOYEES WAS REVIEWED BY THE COMPENSATION SUBCOMMITTEE OF THE PCRB GOVERNING BOARD. THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES, INCLUDING INCENTIVES AND BENEFITS, ARE ESTABLISHED ANNUALLY BY ACTION OF THE GOVERNING BOARD. |
| FORM 990, PAGE 6, PART VI, LINE 19 | GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS WERE POSTED TO THE WWW.PCRB.COM WEBSITE. THE CONFLICT OF INTEREST POLICY WAS NOT MADE AVAILABLE TO THE PUBLIC DURING THE YEAR. |
| FORM 990, PART XI, LINE 9 | MINIMUM PENSION LIABILITY 1,299,067 |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELAWARE COMPENSATION RATING BUREAU | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 S 17TH ST | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 510307078 | EIN |
| Primary Activities | INS RATING | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Exempt Code Section | 501C6 | ExemptCodeSectionTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (true) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELAWARE COMPENSATION RATING BUREAU | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | O | TransactionTypeTxt |
| Involved | $3,505,185 | InvolvedAmt |
| Method Of Amount Determination | AVERAGE WORK ALLOCATION | MethodOfAmountDeterminationTxt |