Overview
What is Surplus Line Association Of Oregon?
The Surplus Line Association of Oregon, situated in Portland, Oregon, is a nonprofit organization with a primary focus on examining insurance policies issued by nonadmitted carriers. With a modest workforce of five individuals, this association plays a crucial role in scrutinizing these policies, ensuring compliance and maintaining transparency in the insurance industry. The association's mission is to ensure the fair and proper handling of these insurance policies, ultimately benefiting both the carriers and the policyholders within Oregon.
Official website here: www.slaor.org
Is Surplus Line Association Of Oregon legitimate?
Surplus Line Association Of Oregon is a legitimate nonprofit organization registered as a 501(c)(6) entity. Surplus Line Association Of Oregon 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: $14,928
Professional Fundraising Fees: $0
Other Salaries and Wages: $296,672
For more financial information, click here
Official website here: www.slaor.org
What is the mission statement of Surplus Line Association Of Oregon?
The Surplus Line Association of Oregon's primary mission revolves around the examination of insurance policies. More specifically, their role is to scrutinize the policies issued by non-admitted carriers. This process aims to ensure the compliance and validity of these policies, thereby maintaining integrity and reliability in the insurance market. The association plays a crucial role in safeguarding the interests of both the insurers and the policyholders, thereby fostering a secure and trustworthy insurance environment.
Official website here: www.slaor.org
Who is the CEO of Surplus Line Association Of Oregon?
Roger Helbling is the President of Surplus Line Association Of Oregon.
Official website here: www.slaor.org
What is the revenue of Surplus Line Association Of Oregon?
Surplus Line Association Of Oregon's revenue in 2022 was $807,472.
Official website here: www.slaor.org
Who are the executives of Surplus Line Association Of Oregon and what are their salaries?
The average compensation at Surplus Line Association Of Oregon during 2022 was $62,320. There are 5 employees at Surplus Line Association Of Oregon.
Here are 5 key members and their salaries:
- Compensation: $1,933
- Related: $0
- Other: $0
- Compensation: $3,097
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $2,963
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.slaor.org
Where can I find the form 990 for Surplus Line Association Of Oregon?
Surplus Line Association Of Oregon's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.slaor.org
Learn more at the official website: www.slaor.org
Mission Statement of Surplus Line Association Of Oregon
The Surplus Line Association of Oregon is dedicated to an important mission. This organization primarily focuses on the examination of insurance policies. More specifically, they specialize in reviewing policies issued by non-admitted carriers. By undertaking this role, the Surplus Line Association of Oregon plays a significant part in ensuring the validity and fairness of these insurance policies. This mission is crucial in protecting policyholders and maintaining trust in the insurance industry.
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Impact
October, 2024
The Surplus Line Association of Oregon plays a critical role in ensuring the integrity and transparency of insurance policies from nonadmitted carriers in the state. By examining these policies, the association helps to provide a level of oversight that protects consumers and businesses from potential risks associated with unregulated insurance practices.
Operating out of Portland, Oregon, the association fulfills its mission by conducting thorough reviews of nonadmitted insurance policies, which are those not licensed in the state but still available in specific circumstances. This scrutiny not only safeguards the interests of policyholders but also helps maintain the overall stability of the insurance market. By ensuring compliance with regulations, the Surplus Line Association fosters trust between consumers and providers, ultimately benefiting the wider community through enhanced risk management and insurance awareness.
This information is meant to be a general summary of Surplus Line Association Of Oregon. 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: $195,532
- Program Service Revenue: $611,940
- Gross Receipts: $1,733,258
Assets and Liabilities:
- Total Assets: $5,806,105
- Total Liabilities: $154,053
- Net Assets: $5,652,052
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES
Revenue
$611,940
Organization Details
Founding Year
1980
Phone
(503) 718-6700Principal Officer
Roger Helbling
Main Address
7360 SW HUNZIKER STREET 105, PORTLAND, OR, 97223
Website
www.slaor.orgNTEE Category
Code: Y20 - Mutual benefit
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