Overview
What is Surplus Lines Stamping Office Of Texas?
The Surplus Lines Stamping Office of Texas, abbreviated as SLTX, is a vital resource located in Pflugerville, Texas. Their primary mission is to offer meaningful data, analysis, and educational resources to their business partners, aiming to empower their decision-making processes. To accomplish this, they evaluate and register reported Texas surplus lines policies annually. Furthermore, they scrutinize surplus line insurers for eligibility to operate in Texas, recommending approved companies to the Texas Department of Insurance (TDI). SLTX organizes live and web-based education seminars for interested parties on a continuous basis, ensuring the content remains up-to-date. They also supply market statistics to various entities, such as the TDI, Texas Comptroller of Public Accounts, Texas Windstorm Insurance Association, and trade publications. Their online presence hosts a wealth of statistical data, relevant laws and regulations, and other resourceful information. SLTX publishes a monthly bulletin and a quarterly newsletter, keeping stakeholders informed about their activities and developments. In summary, Surplus Lines Stamping Office of Texas is a valuable resource center for business partners, providing them with comprehensive data and educational materials to guide their decision-making process.
Official website here: www.sltx.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 96% (Four-Star out of Four Stars)**
The Surplus Lines Stamping Office Of Texas received an impressive Four-Star rating from Charity Navigator, highlighting its strong accountability and financial performance. With a perfect score in several categories, including board independence and financial oversight, this organization demonstrates a commitment to transparency and responsible management of funds. These characteristics indicate a well-run entity that prioritizes fiduciary duties and ethical governance.
Despite its financial strengths, details regarding its impact, community culture, and leadership adaptability have not been scored, which leaves some uncertainties about its broader effectiveness and community engagement. The organization has a significant program expense ratio of 74.84%, suggesting that a large portion of its budget is directed toward mission-related activities, a positive sign for stakeholders.
Unfortunately, user reviews from GreatNonprofits are not available for this organization, limiting insights from beneficiaries and community members. Nonetheless, the strong financial indicators provide a solid foundation for trust in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Surplus Lines Stamping Office Of Texas legitimate?
Surplus Lines Stamping Office Of Texas is a legitimate nonprofit organization registered as a 501(c)(3) entity. Surplus Lines Stamping Office Of Texas 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: $1,170,487
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,082,228
For more financial information, click here
Official website here: www.sltx.org
What is the mission statement of Surplus Lines Stamping Office Of Texas?
The Surplus Lines Stamping Office of Texas aims to offer meaningful data, analysis, and educational resources to empower the decision-making process of their business partners. They accomplish this by evaluating and entering reported surplus lines policies, assessing surplus line insurers for eligibility in Texas, and making recommendations to the Texas Department of Insurance. The office conducts live and web-based educational seminars, which are accessible to interested parties continuously. The content is regularly updated, and they provide market statistics to various entities, including regulatory bodies and trade publications. The Surplus Lines Stamping Office of Texas maintains a comprehensive website offering statistical data, relevant laws and regulations, and other resource information. They also publish a monthly bulletin and a quarterly newsletter, keeping stakeholders informed of the latest developments in the field.
Official website here: www.sltx.org
Who is the CEO of Surplus Lines Stamping Office Of Texas?
Greg Brandon is the Executive Director of Surplus Lines Stamping Office Of Texas.
Official website here: www.sltx.org
What is the revenue of Surplus Lines Stamping Office Of Texas?
Surplus Lines Stamping Office Of Texas's revenue in 2022 was $7,873,089.
Official website here: www.sltx.org
Who are the executives of Surplus Lines Stamping Office Of Texas and what are their salaries?
The average compensation at Surplus Lines Stamping Office Of Texas during 2022 was $104,926. There are 31 employees at Surplus Lines Stamping Office Of Texas.
Here are 5 key members and their salaries:
- Compensation: $361,738
- Related: $0
- Other: $49,604
- Compensation: $209,748
- Related: $0
- Other: $25,289
- Compensation: $205,788
- Related: $0
- Other: $39,172
- Compensation: $191,236
- Related: $0
- Other: $28,522
- Compensation: $201,977
- Related: $0
- Other: $32,107
Official website here: www.sltx.org
Where can I find the form 990 for Surplus Lines Stamping Office Of Texas?
Surplus Lines Stamping Office Of Texas's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sltx.org
Learn more at the official website: www.sltx.org
Mission Statement of Surplus Lines Stamping Office Of Texas
The Surplus Lines Stamping Office of Texas, abbreviated as SLTX, is dedicated to empowering its business partners through the provision of significant data, insightful analysis, and educational resources. This organization serves as a valuable tool, enabling its partners to make informed decisions. The SLTX accomplishes this by meticulously evaluating and recording all reported Texas surplus lines policies throughout the year. Additionally, the office assesses the eligibility of surplus line insurers to operate in Texas, making recommendations to the Texas Department of Insurance (TDI) when necessary.
Beyond data collection and analysis, the SLTX also conducts both live and web-based educational seminars. These seminars are open to any interested party, ensuring that a wide range of individuals can benefit from the office's knowledge and expertise. The SLTX regularly updates the content of these seminars to ensure that the information remains relevant and up-to-date.
Moreover, the SLTX shares market statistics with various entities, including the Texas Department of Insurance, the Texas Comptroller of Public Accounts, the Texas Windstorm Insurance Association, and trade publications. The SLTX maintains a comprehensive website, which houses a vast array of statistical data, relevant laws and regulations, and other resource information. This digital platform serves as a crucial resource for individuals seeking information about the surplus lines market in Texas.
To further disseminate its findings and insights, the SLTX publishes a monthly bulletin and a quarterly newsletter. These publications provide a concise summary of the office's activities and findings, keeping stakeholders informed about the latest developments in the surplus lines market in Texas. In essence, the Surplus Lines Stamping Office of Texas is committed to providing its business partners with the data, analysis, and educational resources they need to make informed decisions, thereby empowering their operations.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Surplus Lines Stamping Office of Texas has a significant impact on the insurance industry in Texas. It plays a crucial role in evaluating and entering surplus lines policies, assessing the eligibility of surplus line insurers to operate in Texas, and providing valuable market statistics to various state entities and trade publications. Additionally, their educational seminars and continuous updates on content empower their business partners to make informed decisions. This organization's work contributes to the efficiency and effectiveness of the surplus lines insurance market in Texas.
This information is meant to be a general summary of Surplus Lines Stamping Office Of Texas. 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 2022.
- Investment Income: -$957,283
- Program Service Revenue: $8,830,372
- Gross Receipts: $9,252,701
Assets and Liabilities:
- Total Assets: $37,663,551
- Total Liabilities: $442,616
- Net Assets: $37,220,935
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STAMPING FEES
Revenue
$8,830,372
Organization Details
Founding Year
1987
Phone
(512) 531-1862Principal Officer
Greg Brandon
Main Address
1601 E PFLUGERVILLE PKWY ST 3301, PFLUGERVILLE, TX, 78660
Website
www.sltx.orgNTEE Category
Code: Y20D - Mutual benefit
If you are a representative of Surplus Lines Stamping Office Of Texas 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.