Mrm Property & Liability Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 770590806 ✦ Sewickley, PA ✦ Designated as a 501(c)(3)

Overview

What is Mrm Property & Liability Trust?

Mrm Property & Liability Trust is a Pennsylvania-based nonprofit organization that offers a property and casualty insurance program to government entities. The trust, which has a mission to provide adequate and affordable risk coverage for its participants, operates under statutory authority from the state. By pooling or sharing certain liability risks among its members, the organization aims to reduce the frequency and amount of losses, minimize claims handling and litigation costs, and protect participants from commercial insurance market volatility. The trust's primary focus is to provide economically advantageous solutions for its participants, ensuring they receive the necessary coverage at the lowest possible cost.


Official website here: www.mrmtrust.com

Is Mrm Property & Liability Trust legitimate?

Mrm Property & Liability Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mrm Property & Liability Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mrmtrust.com

What is the mission statement of Mrm Property & Liability Trust?

Mrm Property & Liability Trust is an organization that offers a property and casualty insurance program to its participants, primarily Pennsylvania government entities. Its mission is to provide economically advantageous solutions for risk coverage by pooling or sharing certain liabilities. This approach aims to minimize costs for participants in claim handling and litigation, offer adequate insurance protection, and shield them from the commercial insurance market's volatility. The organization strives to reduce the frequency and amount of losses and focuses on supplying affordable insurance to each participant.


Official website here: www.mrmtrust.com

Who is the CEO of Mrm Property & Liability Trust?

Christine Caliguiri is the Cfo/Trust Administrator of Mrm Property & Liability Trust. The CEO's salary of Mrm Property & Liability Trust is $0 and their total compensation is $105,143.


Official website here: www.mrmtrust.com

What is the revenue of Mrm Property & Liability Trust?

Mrm Property & Liability Trust's revenue in 2022 was $14,896,339.


Official website here: www.mrmtrust.com

Who are the executives of Mrm Property & Liability Trust and what are their salaries?

Here are 14 key members and their salaries (Mrm Property & Liability Trust's CEO's salary is $0 and their total compensation is $105,143):

    John Mcconaha (Risk Manager)
  • Compensation: $0
  • Related: $146,593
  • Other: $10,355

    • Christine Caliguiri (Cfo/Trust Administrator)
  • Compensation: $0
  • Related: $120,687
  • Other: $29,767

    • Stephen M Feller (Ceo/Trust Administrator Until 8/2021)
  • Compensation: $0
  • Related: $99,321
  • Other: $5,822

    • Howard Theis (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Boyle (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Reid (Vice Chairman Until 2/2022) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • M Kimberly Steele (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Devlin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Dennehy (Trustee Until 1/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pete Poninsky Sr (Treasurer Until 1/2022) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Poston (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Herbert Hartle (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ken Hillman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Al Atkinson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mrmtrust.com

    Where can I find the form 990 for Mrm Property & Liability Trust?

    The Mrm Property & Liability Trust’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mrmtrust.com

    Learn more at the official website: www.mrmtrust.com

    Mission Statement of Mrm Property & Liability Trust

    Mrm Property & Liability Trust, a Pennsylvania-based organization, is committed to providing and administering a property and casualty insurance program for government entities. The organization's ultimate goal is to offer adequate and affordable risk coverage for each participant by pooling or sharing certain liability risks. This approach aims to provide economically advantageous solutions for participants, minimizing their costs in handling and litigating claims, and protecting them from the volatility of the commercial insurance market.

    In simpler terms, Mrm Property & Liability Trust serves as a collective platform for government entities to manage their property and casualty risks. By pooling their liabilities, the organization is able to reduce the frequency and amount of losses for individual entities and offer more affordable insurance solutions. Furthermore, the Trust strives to minimize the costs incurred by participants in the handling and litigation of claims, providing a protective shield against the unpredictability of commercial insurance rates.

    Mrm Property & Liability Trust's mission is driven by its commitment to Pennsylvania government entities. By pooling their risks, the organization aims to provide a cost-effective and efficient solution for managing their property and casualty insurance needs. The Trust's approach not only helps individual entities save on insurance costs but also ensures they receive adequate coverage to protect against potential losses. Through this collaborative effort, Mrm Property & Liability Trust is providing a valuable service that supports the financial stability and risk management of government entities in Pennsylvania.

    Impact

    This information is meant to be a general summary of Mrm Property & Liability Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Mrm Property & Liability Trust plays a crucial role in providing and administering a property and casualty insurance program for Pennsylvania government entities. By doing so, the organization aims to offer adequate and affordable risk coverage to its participants at the lowest possible cost. This initiative not only helps in reducing the frequency and amount of losses but also minimizes the costs incurred by participants in handling and litigating claims. Additionally, it protects participants from the volatility of the commercial insurance market. Through its mission and activities, Mrm Property & Liability Trust positively impacts Pennsylvania government entities by providing them with economically advantageous insurance solutions.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,648,780
  • Program Service Revenue: $13,247,559
  • Gross Receipts: $17,850,704

    • Assets and Liabilities:
  • Total Assets: $33,998,884
  • Total Liabilities: $0
  • Net Assets: $33,998,884
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PREMIUMS COLLECTED

    Revenue

    $12,679,059

    ADMINISTRATIVE FEES

    Revenue

    $568,500

    Organization Details

    Founding Year

    2002

    Principal Officer

    Christine Caliguiri

    Main Address

    1603 CARMODY CT BLAYMORE II 403, SEWICKLEY, PA, 15143

    NTEE Category

    Code: Y20 - Mutual benefit

    If you are a representative of Mrm Property & Liability Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.