2023-10-15T20:13:06-05:00 2022-11-30 941254756 HOOD & STRONG LLP 60 SO MARKET ST STE 200 SAN JOSE CA 95113 990 2021-12-01 940912095 THE SURPLUS LINE ASSOCIATION OF CALIFORNIA SURP 4154344900 12667 ALCOSTA BLVD 450 SAN RAMON CA 94583 BENJAMIN MCKAY EXECUTIVE DIRECTOR 4154344900 2023-10-15 1 BENJAMIN MCKAY 999009999 JACOB YAU P01560332 4089988400 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z BENJAMIN MCKAY 12667 ALCOSTA BLVD 450 SAN RAMON CA 94583 46103929 0 X WWW.SLACAL.COM X 1937 CA TO HELP MAINTAIN A HEALTHY, FAIR, AND COMPETITIVE SURPLUS LINE MARKETPLACE IN CALIFORNIA. 13 13 131 14 0 0 0 0 31751013 41164364 316881 454660 0 0 32067894 41619024 73998 295232 0 0 15137068 16929100 0 0 0 6355189 6992402 21566255 24216734 10501639 17402290 30618927 46303421 4008178 3445286 26610749 42858135 X OUR MISSION IS TO ENSURE THAT A RESPONSIVE AND LAWFUL SURPLUS LINE INSURANCE MARKET IS MAINTAINED IN CALIFORNIA. OUR MEASURES OF SUCCESS IN THIS RESPECT ARE THAT THE CONSUMER IS PROTECTED, THE NEEDS OF THE REGULATORS ARE WELL-SERVED, AND UNLAWFUL ACTIVITIES ARE CURTAILED. THROUGH A PROFESSIONAL AND COMMITTED ORGANIZATION, UTILIZING STATE OF THE ART TECHNOLOGY AND A CHALLENGING WORK ENVIRONMENT, WE RESPOND TO THE NEEDS OF THE CALIFORNIA CONSUMER, OUR MEMBERSHIP, AND APPROPRIATE PUBLIC AGENCIES. WE PROVIDE EDUCATION, PROCESSING, EVALUATION, AND DISSEMINATION OF SURPLUS LINE DATA AND INFORMATION TO HELP ENSURE THE FINANCIAL INTEGRITY AND STABILITY OF THE SURPLUS LINE MARKET. 0 0 THE SLA PROVIDES INFORMATION AND INSTRUCTION TO ITS MEMBERS AND OTHER INTERESTED PERSONS CONCERNED BY BROADENING ITS COMMUNICATION CAPABILITIES, PRESENTING SEMINARS, EDUCATING THE INDUSTRY AND CONSUMERS IN SURPLUS LINE LAWS AND REGULATIONS, ASSISTING WITH THE REGULATORY COMPLIANCE QUESTIONS, AND DISSEMINATING, IN A TIMELY MATTER, UPDATED AND CURRENT INFORMATION RELATIVE TO THE SURPLUS LINE INDUSTRY. THE SLA CONSISTS OF 7,085 MEMBERS (RESIDENT & NON-RESIDENT), ISSUED 1,838 CONTINUING EDUCATION CERTIFICATES VIA 12 LIVE AND 11 ON-DEMAND COURSES. THE SLA CONDUCTED 6 BROKER VISITS (5 IN PERSON AND 1 VIRTUALLY) IN FY22. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 25 0 1 131 1 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 1 1 1 1 0 CA X ELENA WEALTY 4154344900 12667 ALCOSTA BLVD 450 SAN RAMON CA 94583 JANET BEAVER CHAIR 1.00 X X 0 0 0 RICH GOBLER VICE CHAIR 1.00 X X 0 0 0 JOHN WASHINGTON SECRETARY/TREASURER 1.00 X X 0 0 0 TERRI MORAN PAST CHAIR/CHAIR (THRU 2/8/22) 1.00 X X 0 0 0 ROBERT GILBERT BOARD MEMBER 1.00 X 0 0 0 TIMOTHY CHAIX BOARD MEMBER 1.00 X 0 0 0 JAMES FALEY BOARD MEMBER 1.00 X 0 0 0 HANK HALDEMAN BOARD MEMBER 1.00 X 0 0 0 PAM QUILICI BOARD MEMBER 1.00 X 0 0 0 CHARLES ROSSON BOARD MEMBER 1.00 X 0 0 0 KATHY SCHROEDER BOARD MEMBER 1.00 X 0 0 0 TERRENCE VILLAR BOARD MEMBER 1.00 X 0 0 0 SARAH NICHOLS BOARD MEMBER 1.00 X 0 0 0 JASON HOWARD BOARD MEMBER (THRU 2/8/22) 1.00 X 0 0 0 BENJAMIN MCKAY EXECUTIVE DIRECTOR 37.50 X 582986 0 52268 JOY ERVEN COO & DIRECTOR 37.50 X 348445 0 24959 MICHAEL CATUREGLI SR. VP, IT & DATA ANALYSIS 37.50 X 316218 0 43350 DAVID KODAMA EXECUTIVE VP 37.50 X 285206 0 41874 JAMES GREENE VP, DIGITAL COMMUNICATION 37.50 X 231504 0 21319 CLISTON BROWN VP, PUBLIC AFFAIRS 37.50 X 202768 0 20110 JO ANN DEL GATTO VP, EDUCATION & COMPLIANCE 37.50 X 239635 0 40677 IVAN MORSE CONTROLLER 37.50 X 221306 0 22821 BARBARA TRUMBLY VP, HUMAN RESOURCES 37.50 X 190022 0 19993 2618090 0 287371 35 0 1 0 KIKODA LLC 2367 CENTERVILLE RD TALLAHASSEE FL 32308 IT SUPPORT 958914 SD7LLC PO BOX 640 SAN RAMON CA 94583 RENTAL 664522 RP 275 BATTERY OWNER LLC BOX 894777 LOS ANGELES CA 90189 RENTAL 458076 MCDERMOTT WILL & EMERY LLP PO BOX 6043 CHICAGO IL 60680 LEGAL SERVICES 126131 BPM LLP ONE CALIFORNIA STREET SUITE 2500 SAN FRANCISCO CA 94108 BOOKKEEPING 122787 5 STAMPING FEES 900099 41164364 41164364 41164364 520538 520538 4419027 4484905 -65878 -65878 -65878 41619024 41164364 0 454660 295232 1695305 11685608 629173 1996135 922879 169650 143909 37921 1208507 451801 317891 1041318 309686 538874 1530184 181119 EMPLOYEE RELATIONS 234342 SUPPLIES 216605 DUES & SUBSCRIPTIONS 203639 PROF. DEVELOPMENT 161042 245914 24216734 4103922 5730179 36753 15147 4151679 3944403 330542 582463 5057481 2501377 2365075 2556104 17037009 31385032 2365925 1878571 228022 211522 30618927 46303421 935218 575452 3072960 2869834 4008178 3445286 X 26610749 42858135 26610749 42858135 30618927 46303421 17402290 -1154904 0 X 0 1 X 1 0 3083626 1184886 1898740 1906098 1316491 589607 67757 67757 2556104 OTHER ACCRUED LIABILITIES 1677439 ACCRUED POST RETIREMENT BENEFIT LIABILITY 851230 DEFERRED RENT 341165 2869834 X 40464120 -1154904 -1154904 41619024 0 41619024 24216734 0 24216734 0 24216734 PART X, LINE 2: THE ASSOCIATION HAS BEEN GRANTED A CERTIFICATE OF EXEMPTION FROM PAYMENT OF FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND STATE TAXES ON INCOME UNDER SECTION 23701E OF THE CALIFORNIA REVENUE AND TAXATION CODE. THE ASSOCIATION ADOPTED GUIDANCE ISSUED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB), WHICH ESTABLISHED A SINGLE MODEL TO ADDRESS ACCOUNTING FOR UNCERTAIN TAX POSITIONS AND CLARIFIED THE ACCOUNTING FOR INCOME TAXES BY PRESCRIBING A MINIMUM THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. AN UNCERTAIN TAX POSITION REPRESENTS A TAX POSITION MANAGEMENT DETERMINES MAY HAVE A LESS THAN 50 PERCENT CHANCE OF BEING SUSTAINED UPON AN EXAMINATION BY A TAXING AUTHORITY. WHILE THE ASSOCIATION DOES NOT CURRENTLY INCLUDE AN INCOME TAX PROVISION IN THE FINANCIAL STATEMENTS, MANAGEMENT MONITORS THE REPORTING OF UNCERTAIN TAX POSITIONS USED IN PREPARATION OF THE ASSOCIATION'S TAX RETURNS, INCLUDING APPLICABLE INTEREST AND PENALTIES RELATED TO MATERIAL UNCERTAIN TAX POSITIONS, WHICH COULD RESULT IN RECORDING OF AN INCOME TAX PROVISION IN THE FUTURE. MANAGEMENT HAS EVALUATED THE ASSOCIATION'S TAX POSITIONS AND HAS CONCLUDED THAT THE ASSOCIATION HAS MAINTAINED ITS TAX-EXEMPT STATUS AND HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. CURRENTLY, THE ASSOCIATION'S TAX YEARS THAT ARE OPEN TO EXAMINATION BY THE INTERNAL REVENUE ARE 2019 THROUGH 2022 AND BY THE CALIFORNIA FRANCHISE TAX BOARD ARE 2018 THROUGH 2022. 1 CAL STATE FULLERTON PHILANTHROPIC FOUNDATION 2600 NUTWOOD AVENUE SUITE 850 FULLERTON CA 92831 330567945 501(C)(3) 150000 0 GENERAL SUPPORT CA INSURANCE WHOLESALERS 4171 SUISUN VALLEY RD STE J FAIRFIELD CA 94534 954369749 501(C)(6) 50000 0 GENERAL SUPPORT INSURANCE INDUSTRY CHARITABLE FOUNDATION 1999 AVENUE OF THE STARS STE 1100 LOS ANGELES CA 90067 201240972 501(C)(3) 28129 0 GENERAL SUPPORT UNIVERSITY OF COLORADO FOUNDATION 1800 N GRANT ST STE 725 DENVER CO 80203 846049811 501(C)(3) 50000 0 GENERAL SUPPORT USC MARSHALL SCHOOL OF BUSINESS 3670 TROUSDALE PKWY LOS ANGELES CA 90089 951642394 501(C)(3) 10000 0 GENERAL SUPPORT 4 1 PART I, LINE 2: THE SLA GRANTS MONEY TO PROGRAMS THAT ARE ESTABLISHED FOR SPECIFIC PURPOSES AS RELATED TO THE SURPLUS LINES INDUSTRY. X 1 1 X X X X X 0 0 0 BENJAMIN MCKAY EXECUTIVE DIRECTOR 419670 0 101528 0 61788 0 19045 0 33223 0 635254 0 0 0 JOY ERVEN COO & DIRECTOR 242083 0 61528 0 44834 0 11063 0 13896 0 373404 0 0 0 MICHAEL CATUREGLI SR. VP, IT & DATA ANALYSIS 226500 0 51528 0 38190 0 10127 0 33223 0 359568 0 0 0 DAVID KODAMA EXECUTIVE VP 218678 0 66528 0 0 0 8651 0 33223 0 327080 0 0 0 JO ANN DEL GATTO VP, EDUCATION & COMPLIANCE 198127 0 41508 0 0 0 7454 0 33223 0 280312 0 0 0 JAMES GREENE VP, DIGITAL COMMUNICATION 198563 0 21508 0 11433 0 7423 0 13896 0 252823 0 0 0 IVAN MORSE CONTROLLER 177500 0 39204 0 4602 0 7364 0 15457 0 244127 0 0 0 CLISTON BROWN VP, PUBLIC AFFAIRS 144200 0 46508 0 12060 0 6415 0 13695 0 222878 0 0 0 BARBARA TRUMBLY VP, HUMAN RESOURCES 173056 0 16508 0 458 0 6124 0 13869 0 210015 0 0 0 PART I, LINE 1A ALL THE COMPENSATED EMPLOYEES LISTED ON FORM 990, PART VII, SECTION A, LINE 1A RECEIVED A GROSS-UP BONUS PAYMENT. ALL GROSS-UP PAYMENTS WERE TREATED AS TAXABLE COMPENSATION TO THE EMPLOYEES AND REFLECTED ON THEIR FORMS W-2. PART I, LINE 3 THE SVP OF HR CONDUCTS A COMPENSATION REVIEW OF SIMILAR POSITIONS AND INDUSTRY DATA, AS WELL AS CONTRACTING WITH AN INDEPENDENT SALARY CONSULTANT. THE BOARD DISCUSSES THE CEO & EXECUTIVE DIRECTOR'S COMPENSATION IN THEIR ANNUAL PERFORMANCE REVIEW AND DETERMINES THE CEO & EXECUTIVE DIRECTOR'S COMPENSATION. FORM 990, PART VI, SECTION A, LINE 7A ARTICLE IX SECTION 3, SLA CONSTITUTION: VOTING ELIGIBILITY. ONLY THOSE RESIDENT MEMBERS THAT FILED ONE OR MORE SL-1 OR SL-2 FORMS DURING THE 12 MONTHS IMMEDIATELY PRECEDING THE MONTH IN WHICH THE VOTE IS TAKEN ARE ELIGIBLE TO VOTE FOR ELECTION OF OFFICERS OR THE CONDUCT OF ASSOCIATION BUSINESS REQUIRING A VOTE OF THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION'S COMMITTEES DOCUMENT MAJOR MEETINGS/WRITTEN ACTIONS BUT COMMITTEES DO NOT HAVE A GOVERNING ROLE. THEY PROVIDE A ROLE OF SUPPORT OR MAKING RECOMMENDATIONS TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S ACCOUNTING FIRM PREPARED THE FORM 990 BASED ON THE INFORMATION PROVIDED BY THE ORGANIZATION'S DIRECTOR OF ACCOUNTING & FINANCE. THE DIRECTOR OF ACCOUNTING & FINANCE REVIEWED THE FORM 990 AND RESOLVED ANY ISSUES WITH THE ACCOUNTING FIRM. THE CEO & EXECUTIVE DIRECTOR REVIEWED AND SENT TO THE CHAIR OF THE BOARD BEFORE AUTHORIZING THE ACCOUNTING FIRM TO OFFICIALLY FILE THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C AT EACH BOARD MEETING, BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OR POTENTIAL CONFLICTS OF INTEREST TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE SVP OF HR CONDUCTS A COMPENSATION REVIEW OF SIMILAR POSITIONS AND INDUSTRY DATA, AS WELL AS CONTRACTING WITH AN INDEPENDENT SALARY CONSULTANT. THE BOARD DISCUSSES THE CEO & EXECUTIVE DIRECTOR'S COMPENSATION IN THEIR ANNUAL PERFORMANCE REVIEW AND DETERMINES THE CEO & EXECUTIVE DIRECTOR'S COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF TIME SET FORTH IN SEC. 6104(D).