NonprofitsSurplus Line Association Of Illinois

Surplus Line Association Of Illinois

CHICAGO, IL

Total revenue

$2.5M

Total expenses

$3.0M

Net assets

$7.9M

Grants received

EIN

363360838

Tax year

2024

Mission

Surplus line association of illinois was created by public act 83-1300 of the illinois legislature to serve as a liaison between the state and surplus line licensees for the purpose of reporting to the state of illinois. The association derives its revenue principally through stamping fees.

Programs

3 programs

Prepare and deliver to each licensee and the director of insurance the reports of surplus line business prescribed in subsection (5) of 215 ilcs 5/445 of the illinois statutes. One report per month for a membership of 1,872 as of december 31, 2024.prepare surplus line tax statements and fire marshal tax statements for all licensees. One of each tax statement was prepared for a membership licensee population of 3,886 as of december 31, 2024.

Facilitate and encourage compliance by members with the surplus line law of illinois and rules promulgated thereunder and provide such other services to members as are incidental or related to the purposes of the association as described in subsections (8) and (9) of 215 ilcs 5/445.1 of the illinois insurance code.

Prepare monthly reports for the director of insurance on surplus line insurance procured by its members during the preceding month in such form and providing such information as the director may prescribe.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$2.1M
Investment income$392K
Other revenue
Total revenue$2.5M

Expenses

Grants paid$100K
Salaries & benefits$2.1M
Fundraising
Other expenses$809K
Total expenses$3.0M
Total assets$7.9M
Net assets$7.9M

People

12 listed

NameRoleCompensation

DAVID L OCASEK

CHIEF EXECUTIVE OFFICER

Board

$343K

40 hrs/wk

DONNY ALBERICO JR

SECRETARY

Board

1 hrs/wk

CHRISTOPHER T GADDIS

DIRECTOR

Board

0.5 hrs/wk

THOMAS J LEVIN

DIRECTOR

Board

1 hrs/wk

CRAIG W HOWSER

CHAIR

Board

1 hrs/wk

RACHEL M PIGNOTTI

DIRECTOR

Board

0.5 hrs/wk

STEPHEN BEARD

DIRECTOR

Board

0.5 hrs/wk

DENNIS NEVINSKI JR

DIRECTOR

Board

0.5 hrs/wk

PATRICK MULDOWNEY

VICE CHAIR

Board

1 hrs/wk

RODNEY NUBIN

TREASURER

Board

1 hrs/wk

RICHARD J DUNLAP

DIR. OF FINANCE & ADMINIST

Staff

$198K

40 hrs/wk

JOSEPH GOYSICH

IT MANAGER

Staff

$127K

40 hrs/wk

Details

EIN363360838
Subsection06
Ruling date1986-03
Formed1985
Employees11
Volunteers9
SURPLUS LINE ASSOCIATION OF ILLINOIS — Mission, Financials & Grants Received | Grantivo