Overview
What is Pa Lawyers Fund For Client Security?
Pa Lawyers Fund for Client Security is a nonprofit organization, established by the Supreme Court of Pennsylvania, located in Harrisburg, Pennsylvania. Its primary mission is to provide financial compensation to clients who have suffered financial losses due to the unethical conduct of Pennsylvania attorneys. The fund serves as a remedy for clients who cannot recover their losses from other sources, such as third parties or the involved attorney themselves. With a small team of two employees, the organization has resolved over 100 claims, demonstrating its commitment to upholding ethical standards within the legal profession and protecting vulnerable clients.
Official website here: www.palawfund.com
Is Pa Lawyers Fund For Client Security legitimate?
Pa Lawyers Fund For Client Security is a legitimate nonprofit organization registered as a 501(c)(4) entity. Pa Lawyers Fund For Client Security 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $169,096
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,531
For more financial information, click here
Official website here: www.palawfund.com
What is the mission statement of Pa Lawyers Fund For Client Security?
The Pa Lawyers Fund for Client Security, established by the Supreme Court of Pennsylvania, serves as a remedy for clients who have suffered financial losses or property damage due to the dishonest conduct of Pennsylvania attorneys. The fund is particularly beneficial for clients who cannot seek reimbursement from other sources, such as third parties or the attorney involved. The primary mission of this organization is to reimburse affected clients, providing them with financial relief in situations where other avenues for compensation are unavailable. As of recorded data, the fund has awarded compensation to over 100 clients who have suffered losses due to the misconduct of members of the Pennsylvania Bar.
Official website here: www.palawfund.com
Who is the CEO of Pa Lawyers Fund For Client Security?
Kathryn Peifer Morgan Esquire is the Exec Directo of Pa Lawyers Fund For Client Security.
Official website here: www.palawfund.com
What is the revenue of Pa Lawyers Fund For Client Security?
Pa Lawyers Fund For Client Security's revenue in 2023 was $4,246,059.
Official website here: www.palawfund.com
Who are the executives of Pa Lawyers Fund For Client Security and what are their salaries?
The average compensation at Pa Lawyers Fund For Client Security during 2023 was $108,814. There are 2 employees at Pa Lawyers Fund For Client Security.
Here are 8 key members and their salaries:
- Compensation: $169,096
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- Other: $0
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- Compensation: $0
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- Other: $0
Official website here: www.palawfund.com
Where can I find the form 990 for Pa Lawyers Fund For Client Security?
Pa Lawyers Fund For Client Security's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.palawfund.com
Learn more at the official website: www.palawfund.com
Mission Statement of Pa Lawyers Fund For Client Security
The Pa Lawyers Fund for Client Security, established by the Supreme Court of Pennsylvania, serves as a remedy for clients who have experienced financial loss or property damage due to the dishonest conduct of Pennsylvania attorneys. In instances where clients are unable to obtain reimbursement from other sources such as third parties or the involved attorney, this organization steps in to provide compensation. The fund has demonstrated its purpose by awarding recompense to 100 individuals who suffered losses as a result of the misconduct of members of the Pennsylvania Bar.
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Impact
October, 2024
The Pennsylvania Lawyers Fund for Client Security plays a critical role in protecting the interests of clients who have experienced financial losses due to the dishonest conduct of attorneys in the state. Established by the Supreme Court of Pennsylvania, the fund provides a financial remedy to those unable to reclaim their losses through other means, such as from the attorney involved or third parties.
This initiative has helped numerous clients regain their financial standing, with 100 claims resulting in awards to individuals affected by attorney misconduct. This reimbursement mechanism not only alleviates the immediate impact of such losses but also helps foster trust in the legal system by ensuring accountability among legal professionals. By addressing these grievances, the fund contributes to a more ethical legal environment, ultimately benefiting both clients and the integrity of the profession in Pennsylvania.
This information is meant to be a general summary of Pa Lawyers Fund For Client Security. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $747,479
- Program Service Revenue: $3,498,580
- Gross Receipts: $4,246,059
Assets and Liabilities:
- Total Assets: $20,253,703
- Total Liabilities: $2,780,023
- Net Assets: $17,473,680
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENTS REVENUE
Revenue
$3,211,769
RESTITUTION
Revenue
$191,760
RULE 324
Revenue
$95,051
Organization Details
Founding Year
1982
Phone
(717) 231-9510Principal Officer
Kathryn Peifer Morgan Esquire
Main Address
PO BOX 62585, HARRISBURG, PA, 171062585
Website
www.palawfund.comNTEE Category
Code: I80 - Crime
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