2024-11-08T08:57:37-05:00 2023-12-31 232183936 RAINER & COMPANY 2 CAMPUS BLVD STE 220 NEWTOWN SQUARE PA 190733270 990 2023-01-01 230958260 PENNSYLVANIA COMPENSATION RATING BUREAU PENN 2153204414 30 S 17TH STREET PHILADELPHIA PA 19103 JOHN ZIMITSKI VP AND TREASURER 2153204414 2024-11-07 true false MICHAEL A DEHAVEN P00440289 6103534610 2024-11-08 2023 2024-10-15 13:58:12Z JOHN ZIMITSKI 30 S 17TH STREET PHILADELPHIA PA 19103 14366315 false X WWW.PCRB.COM X 1915 PA 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. 12 12 114 0 13451652 14213467 0 9243 77788 84407 75060 13545302 14366315 0 0 12883873 13642112 0 0 148685 1222476 13032558 14864588 512744 -498273 19093164 18802235 12007983 10934836 7085181 7867399 THE PENNSYLVANIA COMPENSATION RATING false false COLLECTING, EDITING, AND MAINTAINING WORKERS' COMPENSATION EXPERIENCE DATA FOR NON-COAL MINE COMMERCIAL MARKETS IN PENNSYLVANIA. PROMULGATION, APPLICATION AND ENFORCEMENT OF RISK CLASSIFICATIONS, UNDERWRITING RULES, RATING VALUES AND RATING PLANS APPLICABLE TO WORKERS' COMPENSATION INSURANCE WRITTEN IN PENNSYLVANIA. 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. false false false false false false false false false true false false true true true true false false false false false false false false false false false false true false false false false false false false false false false false true false false true 17 0 true 114 true false false false false false false false false X 12 12 false false false false true true true true true false false true true true false true true true true false X JOHN ZIMITSKI 2153204414 30 S 17TH STREET PHILADELPHIA PA 19103 BRENT OTTO VP ACTUARIAL 30.00 10.00 X 409703 0 56097 THOMAS CLEARY SENIOR VP & 30.00 10.00 X 340905 0 17354 WILLIAM V TAYLOR PRESIDENT 30.00 10.00 X 321353 0 21228 LISA LINDER VP - IT & CI 30.00 10.00 X 260016 0 34355 PETER YOON DIR OF ACTUA 30.00 10.00 X 170535 0 54792 JOHN ZIMITSKI VP AND TREAS 30.00 10.00 X 202167 0 18834 ALEXANDER PAGAN DIRECTOR OF 30.00 10.00 X 196484 0 19621 DAWN BELFUS VP DATA SERV 30.00 10.00 X 176066 0 31289 KERRY ANN LOWE DIR - RATING 30.00 10.00 X 166108 0 33075 RITA ANN LAMB DIR. DATA MA 30.00 10.00 X 168244 0 11474 MICHAEL HENKIN DIRECTOR OF 30.00 10.00 X 157736 0 18433 RAVINDRA SINGH DIR. OF SOFT 30.00 10.00 X 157084 0 15523 AMERICAN HOME ASSURANCE COMPANY CHAIR 1.60 X 0 0 0 NATIONAL FEDERATION OF INDEP BUS TRUSTEE 1.60 X 0 0 0 TRAVELERS INDEMNITY CO VICE CHAIR 1.60 X 0 0 0 LIBERTY MUTUAL INSURANCE CO TRUSTEE 1.60 X 0 0 0 ZENITH INSURANCE CO TRUSTEE 1.60 X 0 0 0 ZURICH INSURANCE CO TRUSTEE 1.60 X 0 0 0 STATE WORKERS INSURANCE FUND TRUSTEE 1.60 X 0 0 0 EASTERN ALLIANCE INSURANCE GROUP TRUSTEE 1.60 X 0 0 0 PA CHAMBER OF BUSINESS INDUSTRY TRUSTEE 1.60 X 0 0 0 DEPARTMENT OF LABOR INDUSTRY TRUSTEE 1.60 X 0 0 0 BRICKSTREET MUTUAL INSURANCE TRUSTEE 1.60 X 0 0 0 UPMC TRUSTEE 1.60 X 0 0 0 2726401 332075 23 false true false WINDMILL SOFTWARE 1130 DARZUCK DRIVE CONCORD PA 19060 SOFTWARE DEV. 546450 TEKSYSTEMS 575 SWEDESFORD RD SUITE 310 WAYNE PA 19087 TECH CONSULTANT 439197 Z CONSULTING 1600 ARCH STREET UNIT 901 PHILADELPHIA PA 19103 SOFTWARE DEV. 278000 30 S 17TH STREET PROPERTY OWNER LLC 30 S 17TH STREET PHILADELPHIA PA 19103 RENT 264598 CLOVERLEAF ANALYTICS INC 300 W 6TH STREET SUITE 1900 AUSTIN TX 78701 TECH CONSULTANT 222990 5 14213467 14213467 77788 77788 PRINTING AND SPECIAL SERVICES 75060 75060 75060 14366315 75060 77788 4538313 4538313 5427507 5427507 1308889 1308889 1643105 1643105 724298 724298 123803 123803 73781 73781 230383 230383 101171 101171 1856686 1856686 739473 739473 258972 258972 713840 713840 104371 104371 WCRI BENCHMARKING STUDY 195000 195000 EMPLOYEE OVERHEAD 147579 147579 BAD DEBT EXPENSE 76507 76507 EQUIPMENT AND FURNISHINGS 67464 67464 -3466554 -3466554 14864588 14864588 0 0 844900 1391858 269992 80948 461039 678550 452686 525162 8044988 1717373 6345620 6327615 2289503 2381245 40027 40027 8389397 7376830 19093164 18802235 1198863 1225506 10809120 9709330 12007983 10934836 X 7085181 7867399 7085181 7867399 19093164 18802235 X -498273 -18576 1299067 X false true X true false 878635 89557 789078 426805 369218 57587 6739548 1258598 5480950 6327615 RIGHT OF USE ASSET - NET 7258150 DEFERRED COMPENSATION DEPOSIT 70494 DUE FROM DCRB 48186 7376830 OPERATING LEASE LONG-TERM PORTION 8003984 ACCRUED PENSION LIABILITY 1116886 OPERATING LEASE CURRENT PORTION 263482 ASSESSMENTS REFUNDABLE TO MEMBERS 156129 FINANCE LEASE LONG-TERM PORTION 96610 DEFERRED COMPENSATION PAYABLE 48682 FINANCE LEASE CURRENT PORTION 23557 9709330 X 15665382 1299067 1299067 14366315 14366315 14864588 14864588 14864588 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 false false false BRENT OTTO VP ACTUARIAL 329556 80147 20487 35610 465800 THOMAS CLEARY SENIOR VP & COO 286632 50000 4273 16009 1345 358259 WILLIAM V TAYLOR PRESIDENT 283463 35000 2890 19883 1345 342581 LISA LINDER VP - IT & CIO 208178 51838 29252 5103 294371 PETER YOON DIR OF ACTUARIAL RES 147792 22743 30000 24792 225327 JOHN ZIMITSKI VP AND TREASURER 188299 13868 18102 732 221001 ALEXANDER PAGAN DIRECTOR OF IT 180951 15533 18049 1572 216105 DAWN BELFUS VP DATA SERVICES 158466 17600 31289 207355 KERRY ANN LOWE DIR - RATING RULES 159448 6660 7378 25697 199183 RITA ANN LAMB DIR. DATA MANAGEMENT 155558 12686 9567 1907 179718 MICHAEL HENKIN DIRECTOR OF HR 144939 12797 16831 1602 176169 RAVINDRA SINGH DIR. OF SOFTWARE ENG 157084 10623 4900 172607 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 DELAWARE COMPENSATION RATING BUREAU 30 S 17TH ST PHILADELPHIA PA 19103 510307078 INS RATING DE 501C6 N/A false false false false false false false false false false false false false false true true false true false true DELAWARE COMPENSATION RATING BUREAU O 3505185 AVERAGE WORK ALLOCATION