Pennsylvania Acacia Insurance Company Ltd

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

EIN: 421566974 ✦ Elizabethtown, PA ✦ Designated as a 501(c)(3)

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Overview

What is Pennsylvania Acacia Insurance Company Ltd?

Pennsylvania Acacia Insurance Company Ltd is a specialized insurance provider, established with the primary mission to offer healthcare professional liability, employee benefits liability, sexual misconduct liability, and general liability coverage to Masonic Villages, a not-for-profit organization. Located in Burlington, Vermont, the company's services contribute to ensuring the safety and protection of Masonic Villages, which is a 501(C)(3) unit of the Grand Lodge. The organization's work involves providing essential insurance coverage to maintain the well-being and operations of this charitable entity.

Is Pennsylvania Acacia Insurance Company Ltd legitimate?

Pennsylvania Acacia Insurance Company Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pennsylvania Acacia Insurance Company Ltd 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Pennsylvania Acacia Insurance Company Ltd?

Pennsylvania Acacia Insurance Company Ltd was established with the mission to offer specialized insurance coverage to Masonic Villages, a not-for-profit organization affiliated with the Grand Lodge. The company's primary focus is to provide healthcare professional liability, employee benefits liability, sexual misconduct liability, and general liability protection to Masonic Villages. By doing so, Pennsylvania Acacia Insurance Company Ltd aims to shield Masonic Villages from potential financial liabilities, allowing them to continue their mission of serving the community. The company's services are designed to support Masonic Villages in maintaining the safety and well-being of their residents and staff.

What is the revenue of Pennsylvania Acacia Insurance Company Ltd?

Pennsylvania Acacia Insurance Company Ltd's revenue in 2024 was $354,676.

Who are the executives of Pennsylvania Acacia Insurance Company Ltd and what are their salaries?

There 3 volunteers at Pennsylvania Acacia Insurance Company Ltd.

Here are 7 key members and their salaries:


William Kingsbury (President/Director)
  • Compensation: $0
  • Related: $470,401
  • Other: $38,158
Pamela S Formica (Treasurer/Director)
  • Compensation: $0
  • Related: $301,499
  • Other: $28,648
Debra Brockman (Vp/Director)
  • Compensation: $0
  • Related: $235,717
  • Other: $28,406
Patrick Sampsell (Director)
  • Compensation: $0
  • Related: $221,625
  • Other: $32,357
Robert Snyder Ii (Chairperson/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Gould (Secretary/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Maglaras (Asst Secretary/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pennsylvania Acacia Insurance Company Ltd?

Pennsylvania Acacia Insurance Company Ltd's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Pennsylvania Acacia Insurance Company Ltd

Pennsylvania Acacia Insurance Company Ltd was established with a mission to provide essential liability coverage to Masonic Villages, a not-for-profit 501(C)(3) affiliate of the Grand Lodge. This organization's primary purpose is to offer healthcare professional liability, employee benefits liability, sexual misconduct liability, and general liability coverage to Masonic Villages. By doing so, Pennsylvania Acacia Insurance Company Ltd plays a crucial role in protecting Masonic Villages from potential legal claims, ensuring their continued operation and ability to serve their community. The organization was formed with the intention of providing this vital support to Masonic Villages, aiding in their mission to enhance the quality of life for their residents.

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Impact




October, 2024

Pennsylvania Acacia Insurance Company Ltd plays a crucial role in supporting the operations of Masonic Villages by providing essential insurance coverage. This includes healthcare professional liability, employee benefits liability, sexual misconduct liability, and general liability coverage. By offering these specific types of insurance, the company ensures that Masonic Villages can operate smoothly and maintain a high standard of care for its residents.

The comprehensive liability coverage offered acts as a safety net, protecting the organization from potential legal and financial exposures. This security allows Masonic Villages to focus on delivering quality services to the community without the constant worry of unforeseen liabilities that could threaten their mission.

Furthermore, by specializing in these areas of liability, Pennsylvania Acacia Insurance Company Ltd enables Masonic Villages to navigate the complexities of healthcare and employee relations, thereby fostering a safer environment for both residents and staff. Overall, the company significantly impacts the sustainability and integrity of Masonic Villages, contributing to their ongoing commitment to serve the community effectively.




This information is meant to be a general summary of Pennsylvania Acacia Insurance Company Ltd. 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.

Revenue
$354,676 (2024)
Expenses
$81,709 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $329,676
  • Program Service Revenue: $25,000
  • Gross Receipts: $354,676

Assets and Liabilities:

  • Total Assets: $14,474,796
  • Total Liabilities: $655,520
  • Net Assets: $13,819,276

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Programs

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

PREMIUMS EARNED

Revenue

$25,000

Organization Details

Founding Year

2002

Principal Officer

William Kingsbury

NTEE Category

Code: Y200 - Mutual benefit

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