Insurance Club Of Pittsburgh Inc
- Assets
- $78.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Pittsburgh, PA
- Founding
- 12/1961
- Data as of
- 10/2020
- EIN
- 25-0932763
Organization Overview
Insurance Club Of Pittsburgh Inc is located in Pittsburgh, PA. The organization was established in 1961. According to its NTEE Classification (Y22) the organization is classified as: Local Benevolent Life Insurance Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 10/2020, Insurance Club Of Pittsburgh Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Insurance Club Of Pittsburgh Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 10/2020, Insurance Club Of Pittsburgh Inc generated $148.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $85.6k during the year ending 10/2020. As we would expect to see with falling revenues, expenses have declined by (15.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
CREATE A USEFUL AND ENTERTAINING ENVIRONMENT FOR AGENTS, ADJUSTERS, AND OTHER INSURANCE PEOPLE ALIKE TO ENTERTAIN CLIENTS AND CREATE A BOND OVER INSURANCE.
Describe the Organization's Program Activity:
Part 3
I-DAY (INSURANCE DAY)ONE DAY EVENT; MAIN EVENT OF THE ORGANIZATION.THIS ANNUAL EVENT IS ATTENDED BY PEOPLE IN THE INSURANCE INDUSTRY AND AFFORDS THEM THE OPPORTUNITY TO DISCUSS INSURANCE RELATED TOPICS AFFECTING THE INDUSTRY AND TO RECEIVE CONTINUING EDUCATION.
BLACKHAWK GOLF OUTING-NETWORKING EVENT
CHAMPION LAKES GOLF OUTING-NETWORKING EVENT
OTHER SOCIAL EVENTS DINNERS, A PITTSBURGH PIRATES GAME, HOLIDAY GATHERINGS, MEMBMERSHIP DUES AND BOARD MEETINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elaine Barnes Executive Director | 20 | $4,439 | |
Casey Pepe Secretary | 10 | $0 | |
Jeff Kuklinski Treasurer | 10 | $0 | |
Todd Whiteman Vice President | 15 | $0 | |
Will Berarducci Director | 5 | $0 | |
Don Barnes Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $140,439 |
| Membership dues | $8,080 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $148,519 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,374 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $3,600 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $76,608 |
| Total expenses | $85,582 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,873 |
| Other assets | $0 |
| Total assets | $78,873 |
| Total liabilities | $0 |
| Net assets or fund balances | $78,873 |
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