Public Charity

PENNSYLVANIA PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION

PENNSYLVANIA PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION is a nonprofit organization categorized as Public Charity based in PHILADELPHIA, PA. Its most recent IRS filing (2024) reports revenue of $19.8M, expenses of $6.2M, total assets of $186.6M.

EIN: 231965995 PHILADELPHIA, PA Latest filing: 2024
Total Revenue$19.8M
Total Expenses$6.2M
Total Assets$186.6M
Grant Records0
Filing Years2019–2024

Mission

TO PROVIDE A MEANS FOR THE PAYMENT OF COVERED CLAIMS UNDER CERTAIN PROPERTY AND CASUALTY INSURANCE POLICIES, TO AVOID EXCESSIVE DELAY IN THE PAYMENT OF SUCH CLAIMS, AND TO AVOID FINANCIAL LOSS TO CLAIMANTS OR POLICYHOLDERS AS A RESULT OF THE INSOLVENCY OF AN INSURER.

Where $100 goes at Pennsylvania Property and Casualty Insurance Guaranty Association

How Pennsylvania Property and Casualty Insurance Guaranty Association divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
During the year, the pennsylvania property & casualty insurance guaranty association provided payment of covered claims under certain property and casualty insurance policies to avoid excessive delay in…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TREASURER Brad Corso
CHAIRMAN Carol Cingranelli
DIRECTOR OF ACCOUNTING Christoher Shermer
GENERAL COUNSEL Douglas R Fahringer
CLAIM SUPERVISOR Francis E King
DIRECTOR Jannette Frausto

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $19.8M $6.2M $186.6M
2023 $9.1M $12.1M $162.0M
2022 $17.4M $8.6M $161.2M
2020 $30.8M $11.0M $116.2M
2019 $48.9M $60.7M $115.1M

Between 2019 and 2024, reported annual revenue declined from $48.9M to $19.8M (-60%), with total assets most recently reported at $186.6M.

Interactive year-over-year charts and full filing details available with membership.

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