NonprofitsSurplus Line Association Of California

Surplus Line Association Of California

SAN RAMON, CA

Total revenue

$35.8M

Total expenses

$30.9M

Net assets

$56.0M

Grants received

EIN

940912095

Tax year

2023

Mission

To help maintain a healthy, fair, and competitive surplus line marketplace in california.

Programs

2 programs

The sla protects californian consumers and produces analysis on the 138 companies on california's list of approved surplus line insurers. The sla authored over 100 reports during the year on these insurers.

The sla consists of 7,226 members (resident & non-resident). The sla offers a number of educational services to meet the needs of our brokers. During this period, we offered 12 live ce courses and issued 1,177 live ce certificates and 25 on-demand ce courses and 789 on-demand ce certificates. Topics focused on current and emerging trends and were facilitated by insurance experts and professional trainers. Our live courses included a live q&a and were filmed and converted into on-demand courses for brokers unable to join the live session. In addition to our ce courses, we continued to produce a live webinar series called compliance connections which addresses various compliance topics that share valuable information on california laws and regulations. We had 695 member attendees join sessions on topics that included information on the export list and an overview of the new diligent search report. All webinars provided a live q&a and are posted in the learning center for on-demand reference. We also offered customized training to meet individual member needs that cover surplus line insurance regulation, the surplus line filing process, use of the slip portal, and how to effectively manage and resolve deficiencies (tags) as well as an introduction to california surplus line regulation. Business entities are required to provide this two-hour training to all employees who solicit, negotiate, or effect surplus line insurance. The sla is responsible for the development and delivery of this content and in this period, we issued 957 certificates to business entity employees.

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$34.4M
Investment income$1.4M
Other revenue
Total revenue$35.8M

Expenses

Grants paid$1.1M
Salaries & benefits$22.5M
Fundraising
Other expenses$7.3M
Total expenses$30.9M
Total assets$61.9M
Net assets$56.0M

People

23 listed

NameRoleCompensation

BENJAMIN MCKAY

CEO & EXECUTIVE DIRECTOR

Board

$1.1M

37.5 hrs/wk

PAM QUILICI

BOARD MEMBER

Board

1 hrs/wk

ROBERT GILBERT

BOARD MEMBER

Board

1 hrs/wk

KHRISTOPHER BAUER

BOARD MEMBER

Board

1 hrs/wk

RICH GOBLER

CHAIR

Board

1 hrs/wk

TIMOTHY CHAIX

BOARD MEMBER (THRU AUGUST 6, 2024)

Board

1 hrs/wk

HANK HALDEMAN

MEMBER (THRU FEBRUARY 28, 2024)

Board

1 hrs/wk

KATHY SCHROEDER

MEMBER (THRU FEBRUARY 28, 2024)

Board

1 hrs/wk

TERRENCE VILLAR

BOARD MEMBER (THRU MARCH 19, 2024)

Board

1 hrs/wk

JOHN WASHINGTON

VICE CHAIR

Board

1 hrs/wk

SARAH NICHOLS

SECRETARY/TREASURER

Board

1 hrs/wk

JANET BEAVER

PAST CHAIR, CHAIR (THRU FEB 28, 2024)

Board

1 hrs/wk

CHARLES ROSSON

BOARD MEMBER

Board

1 hrs/wk

TERRI MORAN

BOARD MEMBER

Board

1 hrs/wk

JAMES FALEY

BOARD MEMBER

Board

1 hrs/wk

JON LARSON

BOARD MEMBER

Board

1 hrs/wk

BARBARA TRUMBLY

SENIOR VP, OPERATIONS & EVENTS

Staff

$319K

37.5 hrs/wk

MICHAEL CATUREGLI

CHIEF TECHNOLOGY & ANALYSIS OFFICER

Staff

$319K

37.5 hrs/wk

DAVID KODAMA

CHIEF INDUSTRY & REGULATORY OFFICER

Staff

$298K

37.5 hrs/wk

JAMES GREENE

VP, DIGITAL COMMUNICATION

Staff

$297K

37.5 hrs/wk

YUSUF MAYET

VP, COMPLIANCE

Staff

$247K

37.5 hrs/wk

SATYA VANI GANTI

VP, TECHNOLOGY

Staff

$226K

37.5 hrs/wk

GLENN LEUNG

VP, FINANCE ANALYST

Staff

$217K

37.5 hrs/wk

Independent contractors

KIKODA LLC

IT SUPPORT

$981K

SDC7 LLC

RENTAL

$763K

THE RITZ CARLTON BACARA SANTA BARBARA

VENUE FOR EVENT

$151K

EVERSHEDS SUTHERLAND US LLP

LEGAL

$120K

Details

EIN940912095
Subsection06
Ruling date1941-01
Formed1937
Employees173
Volunteers15
SURPLUS LINE ASSOCIATION OF CALIFORNIA — Mission, Financials & Grants Received | Grantivo