2013-08-15T11:23:53-05:00 2012-12-31 PricewaterhouseCoopers LLP 2001 MARKET ST SUITE 1700 PHILADELPHIA PA 19103 990 2012-01-01 231352012 AMERICAN INSTITUTE FOR CHARTERED PROPERTY CASUALTY UNDERWRITERS % JEFFREY SCHEIDT AMER 6106442100 720 PROVIDENCE ROAD Suite MALVERN PA 193550716 Jeffrey A Scheidt 2673303000 2013-08-15 true 2673303000 2012 2016-02-24 21:20:13Z PETER L MILLER 720 PROVIDENCE ROAD MALVERN PA 193550716 99622810 false X www.aicpcu.org X 1942 PA EDUCATIONAL PRODUCTS AND SERVICES TO THE RISK MANAGEMENT AND INSURANCE INDUSTRY. 51 32 183 0 583317 328603 27401356 29669913 6259580 5457037 694443 6913552 34938696 42369105 0 0 0 0 13065717 15208431 0 0 23861 11869395 17495687 24935112 32704118 10003584 9664987 164390493 180046374 6613091 8733044 157777402 171313330 X AS THE INDUSTRY'S TRUSTED KNOWLEDGE LEADER, THE INSTITUTES ARE COMMITTED TO MEETING THE EVOLVING EDUCATIONAL NEEDS OF THE RISK MANAGEMENT AND INSURANCE COMMUNITY. 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RETIREE HEALTH BENEFITS 884125 884125 54011661 6076930 11895547 17972477 36039184 6329921 6329921 42369105 32510737 110422 110422 32400315 303803 303803 32704118 PART XI, LINE 2D INHERENT CONTRIBUTION FROM AFFILIATES 6,189,656 REVENUE, GAINS, AND OTHER SUPPORT FROM AFFILIATED ENTITIES 5,705,891 ----------- 11,895,547 PART XI, LINE 4B MANAGEMENT INCOME 6,329,921 PART XII, LINE 2D EXPENSES RELATED TO AFFILIATES 110,422 PART XII, LINE 4B OTHER CONTRIBUTION TO AFFILIATE 303,803 X true true X X X X false true false false false false false true false PETER MILLER 481667 0 240000 0 6700 0 39700 0 12117 0 780184 0 0 0 ANITA BOURKE 313308 0 116000 0 2719 0 35219 0 9343 0 476589 0 0 0 SAUL SWARTOUT 279000 0 104000 0 3025 0 36025 0 12117 0 434167 0 0 0 P KENDRICK MILLS 156550 0 37450 0 0 0 25048 0 12619 0 231667 0 0 0 ELIZABETH SPRINKEL 212849 0 64000 0 0 0 34055 0 7646 0 318550 0 0 0 JEFFREY A SCHEIDT 170833 0 45950 0 0 0 27786 0 12116 0 256685 0 0 0 EVERETT RANDALL 158283 0 32810 0 0 0 25325 0 12117 0 228535 0 0 0 DAVID CORUM 145233 0 21960 0 0 0 22640 0 12616 0 202449 0 0 0 SUSAN KEARNEY 146400 0 23520 0 0 0 21595 0 12616 0 204131 0 0 0 ALEXANDER VANDEVERE 186167 0 40460 0 0 0 22360 0 12744 0 261731 0 0 0 ARTHUR FLITNER 144425 0 21830 0 0 0 23108 0 4500 0 193863 0 0 0 MARY ANN COOK 147778 0 23550 0 0 0 23871 0 4277 0 199476 0 0 0 SCHEDULE J, PART I, LINE 1A Travel for companions is allowed to board meetings twice a year. SCHEDULE J, PART I, LINE 3 The Institutes' Board of Trustees utilizes the following process: The compensation arrangement must be approved by the approval body of The Institutes composed entirely of individuals who don't have a conflict of interest with respect to the compensation arrangement. It also must rely on comparability data that demonstrates the fair market value of the compensation in question. The approval body must document how it reached its decisions including the data on which it relied. SCHEDULE J, PART I, LINE 4B Peter Miller - $6,700 employer contribution Anita Bourke - $2,719 employer contribution Saul Swartout - $3,025 employer contribution SCHEDULE J, PART I, LINE 7 The organization accrues pay for performance expense and the amounts are determined based on the performance reviews RELATED TO MEETING CERTAIN GOALS OF The Institutes (including revenues). State Farm Mutual Insurance Compani SEE PART V 2778590 Educational Materials/Exams false Liberty Mutual Group SEE PART V 1964611 Educational Materials/Exams false Farmers Group Inc SEE PART V 670725 Educational Materials/Exams false Auto Owners Insurance Company SEE PART V 478231 Educational Materials/Exams false USAA SEE PART V 431027 Educational Materials/Exams false Cincinnati Financial Corporation SEE PART V 332398 Educational Materials/Exams false Ace Limited SEE PART V 307747 Educational Materials/Exams false Nationwide SEE PART V 283969 Educational Materials/Exams false GEICO SEE PART V 281321 Educational Materials/Exams false Travelers Companies Inc SEE PART V 263102 Educational Materials/Exams false AIG Property Casualty SEE PART V 258958 Educational Materials/Exams false Erie Insurance Group SEE PART V 180687 Educational Materials/Exams false EMC Insurance SEE PART V 144607 Educational Materials/Exams false Chubb Corporation SEE PART V 125769 Educational Materials/Exams false Marsh Inc SEE PART V 123326 Educational Materials/Exams false State Auto Insurance Companies SEE PART V 119944 Educational Materials/Exams false Hanover Insurance Group PC SEE PART V 118864 Educational Materials/Exams false Harleysville Group SEE PART V 109702 Educational Materials/Exams false Society for CPCU COMMON DIRECTORS 5529921 MANAGEMENT SERVICES false PART IV, COLUMN B FOR THE REPORTED BUSINESS TRANSACTIONS WITH INTERESTED PERSONS, IN EACH CASE, AN INSTITUTES' TRUSTEE IS AN OFFICER OF THE LISTED INTERESTED PERSON. FORM 990, PART VI, LINE 1A THE BOARD OF TRUSTEES SHALL FUNCTION BETWEEN MEETINGS THROUGH AN EXECUTIVE COMMITTEE WHICH SHALL HAVE THE FULL POWERS OF THE BOARD BETWEEN MEETINGS, EXCEPT THAT THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE POWERS: 1) TO FILL VACANCIES IN THE BOARD OF TRUSTEES; 2) TO ADOPT, AMEND, OR APPEAL THE ARTICLES OF INCORPORATION OR BYLAWS; OR 3) AMEND OR REPEAL AND RESOLUTION OF THE ENTIRE BOARD. FORM 990, PART VI, LINE 11B THE FORM 990 IS PREPARED BY A THIRD-PARTY ACCOUNTING FIRM AND REVIEWED BY MANAGEMENT. THE FORM 990 WAS PROVIDED TO THE AUDIT AND ORGANIZATION AND COMPENSATION COMMITTEES OF THE BOARD OF TRUSTEES FOR REVIEW AND APPROVAL BEFORE FILING. FORM 990, PART VI, LINE 12C AN ANNUAL FORM IS SUBMITTED BY ALL TRUSTEES AND REVIEWED BY THE CORPORATE SECRETARY FOR POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, LINES 15A AND 15B THE INSTITUTES' BOARD OF TRUSTEES UTILIZES THE FOLLOWING PROCESS: THE COMPENSATION ARRANGEMENT MUST BE APPROVED BY THE APPROVAL BODY OF THE INSTITUTES COMPOSED ENTIRELY OF INDIVIDUALS WHO DON'T HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT. IT ALSO MUST RELY ON COMPARABILITY DATA THAT DEMONSTRATES THE FAIR MARKET VALUE OF THE COMPENSATION IN QUESTION. THE APPROVAL BODY MUST DOCUMENT HOW IT REACHED ITS DECISIONS INCLUDING THE DATA ON WHICH IT RELIED. FORM 990, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 5 UNREALIZED GAIN ON INVESTMENTS $ 5,882,750 ___________ TOTAL $ 5,882,750 FORM 990, PART XI, LINE 9 POST-RETIREMENT HEALTHCARE PLAN (2,011,809) FORM 990, HEADING BOX C FICTITIOUS NAME REGISTRATIONS THE INSTITUTES, AMERICAN INSTITUTE FOR CPCU, AICPCU, INSURANCE INSTITUTE OF AMERICA, IIA, INSURANCE INSTITUTE OF AMERICA, INC., AMERICAN INSTITUTE FOR PROPERTY & LIABILITY UNDERWRITERS, INC., CEU. COM. SUGARTOWN HOLDINGS LLC 720 PROVIDENCE ROAD MALVERN PA 19355 201997621 HOLDING CO. PA 0 246092 NA SOCIETY OF CHARTERED PROP & CAS UNDER 720 PROVIDENCE ROAD MALVERN PA 19355 231552247 MEMBER ASSOC PA 501(C)(6) N/A AICPCU true GRIFFITH INSURANCE EDUCATION FOUNDATION 720 PROVIDENCE ROAD MALVERN PA 19355 316052801 EDUC&SCHOLAR. OH 501(C)(3) 9 AICPCU true false false false false false false false false false false false false false false false false false true SOCIETY OF CHARTERED PROP & CASUALTY UNDER S 5529921 FMV GRIFFITH INSURANCE EDUCATION FOUNDATION S 800000 FMV