2012-08-14T09:54:26-05:00 2011-12-31 PricewaterhouseCoopers LLP 2001 MARKET ST SUITE 1700 PHILADELPHIA PA 19103 990 2011-01-01 231352012 AMERICAN INSTITUTE FOR CHARTERED PROPERTY CASUALTY UNDERWRITERS % JEFFREY SCHEIDT AMER 6106442100 720 PROVIDENCE ROAD MALVERN PA 193550716 Jeffrey A Scheidt 2012-07-30 true 2673303000 2011 2016-02-24 21:20:13Z AS LISTED ON SCHEDULE O PETER L MILLER 720 PROVIDENCE ROAD MALVERN PA 193550716 87444696 false X www.aicpcu.org X 1942 PA EDUCATIONAL PRODUCTS AND SERVICES TO THE RISK MANAGEMENT AND INSURANCE INDUSTRY. 49 33 149 0 0 383684 583317 26883949 27401356 5493728 6259580 854186 694443 33615547 34938696 0 0 0 0 12888223 13065717 0 0 18574 11720263 11869395 24608486 24935112 9007061 10003584 157803457 164390493 6881760 6613091 150921697 157777402 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. WE PREPARE PEOPLE TO FULFILL THEIR PROFESSIONAL AND ETHICAL RESPONSIBILITIES BY OFFERING CUSTOMER-FOCUSED AND INNOVATIVE EDUCATIONAL SOLUTIONS. false false 22831940 27100418 Educational expenditures related to prodviding high quality educational products and services to the risk management and insurance community. Accomplishments in 2011: over 100,000 students were served; over 80,000 examinations were taken by our students seeking certification in our insurance specialty and designation programs; added 54 new courses; and conducted and published insurance research. 350392 Office and administration 369530 481740 Testing services: over 7,700 examinations taken for certain partnering activities. 23551862 true true false false false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false false false true false false false false true false false false false false true 101 0 149 true false false false false false false false false false false X 49 33 false false false false false false false true true false false false true true true true true true true false PA X X JEFFREY SCHEIDT 6106442100 720 PROVIDENCE ROAD MALVERN PA 193550716 PETER MILLER 45.0 X X 580867 0 50792 ALBERT R COUNSELMAN 2.0 X THOMAS B AHART 2.0 X KAJ AHLMANN 2.0 X NORMAN A BAGLINI 2.0 X BARBARA A BAURER 2.0 X L KEITH BIRKHEAD 2.0 X JEFFREY T BOWMAN 2.0 X MICHAEL L BROWNE 2.0 X ANTHONY P BURGER 2.0 X DAN R CARMICHAEL 2.0 X TERRENCE W CAVANAUGH 2.0 X FRANK J COYNE 2.0 X BRIAN DOWD 2.0 X KAREN K FARRIS 2.0 X ANDREW S FRAZIER 2.0 X J PATRICK GALLAGHER 2.0 X DANIEL S GLASER 2.0 X JOHN GRESSIER 2.0 X JEFF HARROLD 2.0 X JANET S KATZ 2.0 X BRUCE G KELLY 2.0 X ANTHONY J KUCZINSKI 2.0 X EG LASSITER 2.0 X H ELIZABETH MITCHELL 2.0 X FRANKLIN MONTROSS IV 2.0 X KRISTIAN P MOOR 2.0 X GREGORY E MURPHY 2.0 X OLZA M NICELY 2.0 X EDWIN S OVERMAN 2.0 X STUART PARKER 2.0 X SANDRA GLASER PARRILLO 2.0 X JOHN G PRYOR 2.0 X H WADE REECE 2.0 X ROBERT P RESTREPO JR 2.0 X RICHARD A RILEY 2.0 X JERRY S ROSENBLOOM 2.0 X JAMES A SCHULTE 2.0 X KENNETH R SHUTTS 2.0 X GEORGE A STEADMAN III 2.0 X KENNETH W STECHER 2.0 X MHAYSE SAMALYA 2.0 X MARIO P VITALE 2.0 X KIRT A WALKER 2.0 X MIKE WEY 2.0 X MARITA ZURAITIS 2.0 X GERALD WHITBURN 2.0 X PAUL J KRUMP 2.0 X STEVEN H MCELHINEY 2.0 X 0 0 0 ELIZABETH SPRINKEL 45.0 X 255017 0 39751 JEFFREY A SCHEIDT 45.0 X 174325 0 25162 ANITA BOURKE 45.0 X 432143 0 44232 SAUL SWARTOUT 45.0 X 359775 0 47117 P KENDRICK MILLS 45.0 X 178140 0 36271 EVERETT RANDALL 45.0 X 180317 0 36592 DAVID CORUM 45.0 X 162865 0 31512 MICHAEL ELLIOTT 45.0 X 159918 0 34104 SUSAN KEARNEY 45.0 X 164273 0 32397 ALEXANDER VANDEVERE 45.0 X 174757 0 12071 ARTHUR FLITNER 45.0 X 160925 0 26976 2983322 0 416977 29 false true false AAVALAR CONSULTING 649 SWEDESFORD ROAD MALVERN PA 19355 CONSULTING 740307 NSIGHT 1 VAN DE GFRAFF DR STE 202 BURLINGTON MA 08103 CONSULTING 270270 JACQUETTE CONSULTING 710 PROVIDENCE ROAD MALVERN PA 19355 IT CONSULTING 1036844 STIVERS STAFFING SERVICES 200 W MONROE SERVICES CHICAGO IL 60606 STAFFING 286839 ADMIRAL CONSULTING BRIER HILL CT EAST BRUNSWICK NJ 08816 IT CONSULTING 459126 7 583317 583317 Examinations 611600 14071714 14071714 Study Materials 611600 12847902 12847902 Testing Services 611600 481740 481740 27401356 3858723 3858723 0 0 513641 513641 513641 513641 54906857 52506000 2400857 2400857 2400857 0 0 0 Other revenue 900099 180802 180802 180802 34938696 27582158 6773221 0 0 0 0 2887199 2841004 43308 2887 0 7132781 7018656 106992 7133 1212041 1192648 18181 1212 1129951 1111872 16949 1130 703745 692485 10556 704 250312 246307 3755 250 274263 269875 4114 274 97136 95582 1457 97 0 0 354000 348336 5310 354 0 930815 915922 13962 931 298831 294050 4482 299 376574 370548 5649 377 0 1314356 1293327 19715 1314 795972 783236 11940 796 0 240102 236260 3602 240 0 0 2082215 996142 1086073 0 219518 216005 3293 220 Educational related 3844240 3844240 0 0 Office and administrative 356086 350392 5338 356 Testing services 369530 369530 0 0 Research 65445 65445 0 0 24935112 23551862 1364676 18574 1342941 720545 6991831 2772127 0 0 1734223 1367793 0 0 0 0 0 0 218424 160094 321984 404408 39593160 17890499 17689865 21702661 125758952 133607632 0 0 0 0 3167796 3074725 577441 580508 157803457 164390493 3307880 3554424 0 0 2673129 2223033 0 0 0 0 0 0 0 0 0 0 900751 835634 6881760 6613091 X 150921697 157777402 0 0 0 0 150921697 157777402 157803457 164390493 X 10003584 -3147879 X false true true X false X 847349 786068 584747 383684 583317 3185165 17017012 15875972 18229099 26978626 27582158 105682867 17864361 16662040 18813846 27362310 28165475 108868032 1434930 1910860 4770096 3355167 11471053 1434930 1910860 4770096 3355167 11471053 97396979 2150185 2550469 3565540 4424963 4372364 17063521 2150185 2550469 3565540 4424963 4372364 17063521 20014546 19212509 22379386 31787273 32537839 125931553 0.77341 0.77936 0.13550 0.14688 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1304041 1304041 18833196 9341343 9491853 19455923 8549156 10906767 21702661 0 ACC. RETIREE HEALTH BENEFITS 835634 835634 34938696 24935112 10003584 -1273614 -1874265 -3147879 6855705 31790817 -1273614 -1874265 -3147879 34938696 34938696 24935112 24935112 24935112 PART XI, LINE 8 POST-RETIREMENT PLAN CHANGES $(1,874,265) PART XI, LINE 2D POST-RETIREMENT PLAN CHANGES $(1,874,265) X true true X X X X false true false false false false false true false PETER MILLER 386667 0 185000 0 9200 0 39200 0 11592 0 631659 0 0 0 ANITA BOURKE 303683 0 97000 0 31460 0 35219 0 9013 0 476375 0 0 0 SAUL SWARTOUT 269250 0 85000 0 5525 0 35525 0 11592 0 406892 0 0 0 P KENDRICK MILLS 151250 0 26890 0 0 0 24200 0 12071 0 214411 0 0 0 ELIZABETH SPRINKEL 205017 0 50000 0 0 0 32803 0 6948 0 294768 0 0 0 JEFFREY A SCHEIDT 147375 0 26950 0 0 0 13570 0 11592 0 199487 0 0 0 EVERETT RANDALL 153117 0 27200 0 0 0 25000 0 11592 0 216909 0 0 0 DAVID CORUM 142285 0 20580 0 0 0 19920 0 11592 0 194377 0 0 0 MICHAEL ELLIOTT 140698 0 19220 0 0 0 22512 0 11592 0 194022 0 0 0 SUSAN KEARNEY 143483 0 20790 0 0 0 20805 0 11592 0 196670 0 0 0 ALEXANDER VANDEVERE 159757 0 15000 0 0 0 0 0 12071 0 186828 0 0 0 ARTHUR FLITNER 141585 0 19340 0 0 0 22654 0 4322 0 187901 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 7 The organization accrues pay for performance expense and the amounts are determined based on the performance reviews RELATED TO MEETING OF CERTAIN GOALS OF AICPCU And A RELATED ORGANIZATION (WHICH INCLUDES REVENUE). State Farm Mutual Insurance Compani SEE PART V 2009900 Educational Materials/Exams false Liberty Mutual Group SEE PART V 1627560 Educational Materials/Exams false Farmers Group Inc SEE PART V 571206 Educational Materials/Exams false USAA SEE PART V 422652 Educational Materials/Exams false Auto Owners Insurance Company SEE PART V 350741 Educational Materials/Exams false GEICO SEE PART V 317269 Educational Materials/Exams false Nationwide Insurance SEE PART V 316281 Educational Materials/Exams false Zurich North America SEE PART V 278098 Educational Materials/Exams false Cincinnati Financial Corporation SEE PART V 209496 Educational Materials/Exams false Insurance Services Office Inc SEE PART V 183597 Educational Materials/Exams false Erie Insurance Group SEE PART V 139304 Educational Materials/Exams false Marsh Inc SEE PART V 126549 Educational Materials/Exams false Chartis Insurance SEE PART V 236349 Educational Materials/Exams false ACE Limited SEE PART V 253558 Educational Materials/Exams false Chubb Corporation SEE PART V 104317 Educational Materials/Exams false PART IV, COLUMN B FOR THE REPORTED BUSINESS TRANSACTIONS WITH INTERESTED PERSONS, IN EACH CASE, AN AICPCU'S TRUSTEE IS AN OFFICER OF THE LISTED INTERESTED PERSON. FORM 990, PART VI, LINE 11A 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 AICPCU'S BOARD OF TRUSTEES UTILIZES THE FOLLOWING PROCESS: THE COMPENSATION ARRANGEMENT MUST BE APPROVED IN ADVANCE BY THE APPROVAL BODY OF AICPCU 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 $(1,273,614) POST-RETIREMENT PLAN CHANGES $(1,874,265) ____________ TOTAL $(3,147,879) 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