Overview
What is Professional Liability Underwriting Society?
The Professional Liability Underwriting Society, situated in Minneapolis, Minnesota, serves as a global hub for the professional liability insurance industry. With a dedicated workforce of 18 individuals, their mission is to foster a community that offers essential knowledge, thought leadership, and career development opportunities. In 2022, they organized six national in-person events, attracting approximately 3,107 attendees. Additionally, regional and local chapter events, held both in-person and virtually, were attended by nearly 7,700 people. These events provided participants with educational, networking, and professional growth opportunities. The Society operates through 13 regional chapters, aiming to enrich their members' professions and enhance their expertise in the field of professional liability insurance.
Official website here: www.plusweb.org
Is Professional Liability Underwriting Society legitimate?
Professional Liability Underwriting Society is a legitimate nonprofit organization registered as a 501(c)(6) entity. Professional Liability Underwriting Society 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: $322,685
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,580,234
For more financial information, click here
Official website here: www.plusweb.org
What is the mission statement of Professional Liability Underwriting Society?
The Professional Liability Underwriting Society aims to serve as a global community for the professional liability insurance industry. They accomplish this mission by providing essential knowledge, fostering thought leadership, and offering career development opportunities. In 2022, the society held numerous national events to enhance the professionalism of its members, attracting over 3,000 attendees at these events. Additionally, they hosted regional and local chapter events and virtual webinars, engaging thousands more in educational, networking, and professional development opportunities.
Official website here: www.plusweb.org
What is the revenue of Professional Liability Underwriting Society?
Professional Liability Underwriting Society's revenue in 2023 was $7,687,950.
Official website here: www.plusweb.org
Who are the executives of Professional Liability Underwriting Society and what are their salaries?
The average compensation at Professional Liability Underwriting Society during 2023 was $105,718. There are 18 employees and 600 volunteers at Professional Liability Underwriting Society.
Here are 21 key members and their salaries:
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- Compensation: $180,084
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- Other: $6,960
- Compensation: $126,549
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- Other: $6,880
Official website here: www.plusweb.org
Where can I find the form 990 for Professional Liability Underwriting Society?
Professional Liability Underwriting Society's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.plusweb.org
Learn more at the official website: www.plusweb.org
Mission Statement of Professional Liability Underwriting Society
The Professional Liability Underwriting Society, often referred to as PLUS, serves as a global community for the professional liability insurance industry. Its mission is to provide essential knowledge, foster thought leadership, and offer career development opportunities within this field. By doing so, PLUS aims to enhance the professionalism of its members, contributing to the overall growth and success of the professional liability insurance industry.
In 2022, PLUS actively pursued this mission by organizing six national in-person events. These events attracted around 3,107 attendees, offering them a platform for educational, networking, and professional development opportunities. Moreover, PLUS's outreach extended beyond national events, with close to 3,000 individuals participating in in-person regional and local chapter events through PLUS's 13 regional chapters. Additionally, over 4,700 attendees engaged in virtual webinar-based programs, further expanding the society's reach and impact within the professional liability insurance industry.
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Impact
October, 2024
The Professional Liability Underwriting Society (PLUS) plays a vital role in advancing the professional liability insurance industry by creating a global community that fosters knowledge sharing, thought leadership, and career development. In 2022, PLUS organized six national in-person events, attracting approximately 3,107 attendees who engaged in crucial educational and networking opportunities designed to enhance professionalism within the sector. Additionally, nearly 3,000 individuals participated in regional and local chapter events, while over 4,700 attendees joined virtual webinars. The society's structured approach to professional development not only equips its members with essential knowledge but also strengthens industry connections, ultimately contributing to higher standards and practices in professional liability insurance. This comprehensive engagement enriches the community, promotes collaboration, and ensures that professionals remain informed and adept in a constantly evolving field.
This information is meant to be a general summary of Professional Liability Underwriting Society. 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: $139,382
- Program Service Revenue: $7,479,867
- Gross Receipts: $9,347,064
Assets and Liabilities:
- Total Assets: $7,635,168
- Total Liabilities: $1,168,644
- Net Assets: $6,466,524
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNUAL SYMPOSIUMS
Revenue
$2,928,391
EDUCATION REVENUE
Revenue
$1,975,823
ANNUAL CONFERENCE
Revenue
$1,915,483
CHAPTER SEMINARS
Revenue
$582,446
PLUS REGISTRATION
Revenue
$60,720
Organization Details
Founding Year
1986
Principal Officer
Robbie Thompson
Website
www.plusweb.orgNTEE Category
Code: Y20 - Mutual benefit
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