Surety Claims Institute
- Assets
- $111.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kansas City, MO
- Founding
- Data as of
- 12/2023
- EIN
- 47-3597456
Organization Overview
Surety Claims Institute is located in Kansas City, MO.
For the year ending 12/2023, Surety Claims Institute generated $173.7k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $174.8k during the year ending 12/2023. While expenses have increased by 6.3% per year over the past 3 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
SCI IS A FORUM FOR SURETY AND FIDELITY COMPANY EXECUTIVES, ATTORNEYS, AND CONSULTANTS TO SHARE EXPERIENCE AND EDUCATION CONCERNING THE EVOLVING LEGAL ISSUES, TRENDS AND PROCEDURES RELATED TO CLAIMS AND OTHER MATTERS ARISING OUT OF FIDELITY AND SURETY BONDS AND RELATED LITIGATION. APPROXIMATE MEMBERSHIP IS 200.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Nelson President | 1 | $0 | |
Dennis O'neill Treasurer | 1 | $0 | |
David Pharis Vice President | 1 | $0 | |
Kevin O'connor Vice President | 1 | $0 | |
Ellen Cavallaro Secretary | 1 | $0 | |
Amy Bentz Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $129,898 |
| Membership dues | $40,955 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,830 |
| Total Revenue | $173,683 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $133,564 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $18,900 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,307 |
| Total expenses | $174,771 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $84,096 |
| Other assets | $0 |
| Total assets | $111,846 |
| Total liabilities | $0 |
| Net assets or fund balances | $111,846 |