PROFESSIONAL LIABILITY UNDERWRITING SOCIETY

EIN: 411605606

MINNEAPOLIS, MN

Total Revenue
$8,268,000
Total Expenses
$7,868,077
Total Assets
$8,960,234
Net Assets
$7,848,710
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
MN
Principal Officer
ROBBIE THOMPSON
Phone
9527462580
Tax Period
2025-01-01 to 2025-12-31

PROFESSIONAL LIABILITY UNDERWRITING SOCIETY, founded in 1986, is a community nonprofit that reported $8.3M in total revenue in fiscal year 2025. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $7.9M left a modest 5% surplus.

Mission

TO BE THE GLOBAL COMMUNITY FOR THE PROFESSIONAL LIABILITY INSURANCE INDUSTRY BY PROVDIING ESSENTIAL KNOWLEDGE,THOUGHT LEADERSHIP AND CAREER DEVELOPMENT OPPORTUNITIES.

Program Service Accomplishments

Program 1

IN 2025, PLUS HELD FIVE NATIONAL IN-PERSON EVENTS ATTENDED BY MORE THAN 3,500 PEOPLE. IT ALSO HOSTED VIRTUAL AND IN-PERSON UNIVERSITIES WITH OVER 300 INDUSTRY PROFESSIONALS PARTICIPATING. IN...

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IN 2025, PLUS HELD FIVE NATIONAL IN-PERSON EVENTS ATTENDED BY MORE THAN 3,500 PEOPLE. IT ALSO HOSTED VIRTUAL AND IN-PERSON UNIVERSITIES WITH OVER 300 INDUSTRY PROFESSIONALS PARTICIPATING. IN ADDITION, OVER 4,000 PEOPLE ATTENDED IN-PERSON REGIONAL AND LOCAL CHAPTER EVENTS THROUGH PLUS 11 REGIONAL CHAPTERS AND MORE THAN 5,000 PROFESSIONALS PARTICIPATED IN EDUCATIONAL WEBINARS AND PODCAST. PARTICIPANTS IN ALL EVENTS TOOK PART IN EDUCATIONAL, NETWORKING, AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES.

Program 2

AS A MEMBERSHIP ORGANIZATION, PLUS PROVIDES RESOURCES, PROGRAMMING, AND INFORMATION TO ASSIST ITS MEMBERS AND ENABLE THEM TO BEST SERVE THEIR CLIENTS AND ADVANCE THEIR CAREERS. IN 2025, PLUS HAD...

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AS A MEMBERSHIP ORGANIZATION, PLUS PROVIDES RESOURCES, PROGRAMMING, AND INFORMATION TO ASSIST ITS MEMBERS AND ENABLE THEM TO BEST SERVE THEIR CLIENTS AND ADVANCE THEIR CAREERS. IN 2025, PLUS HAD APPROXIMATELY 45,000 INDIVIDUAL MEMBERS THROUGHOUT THE WORLD.

Program 3

PLUS PROVIDES A COMPREHENSIVE EDUCATIONAL CURRICULUM FOR THE PROFESSIONAL LIABILITY INDUSTRY, INCLUDING RPLU, RPLU+, CPLP & EXECPLP. IN 2025, OVER 500 PEOPLE OBTAINED A PLUS CERTIFICATE OR...

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PLUS PROVIDES A COMPREHENSIVE EDUCATIONAL CURRICULUM FOR THE PROFESSIONAL LIABILITY INDUSTRY, INCLUDING RPLU, RPLU+, CPLP & EXECPLP. IN 2025, OVER 500 PEOPLE OBTAINED A PLUS CERTIFICATE OR DESIGNATION, AND MORE THAN 5,000 PROFESSIONALS CURRENTLY HOLD A PLUS DESIGNATION

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $7,851,685
Investment Income $416,315
Other Revenue $0
TOTAL REVENUE $8,268,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,521,438
Fundraising Expenses $0
Other Expenses $5,346,639
TOTAL EXPENSES $7,868,077

Year-over-Year Comparison

2025 2024 Change
Revenue $8,268,000 $7,394,699 +0.1%
Expenses $7,868,077 $8,088,935 0.0%
Net Income $399,923 $-694,236 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
20
Volunteers
600

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$619,843
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALISON MARTIN VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
ROBERT PARISI TRUSTEE 2.00
Director
$0 $0 $0
MAX CARTER TRUSTEE 2.00
Director
$0 $0 $0
KIMBERLY MELVIN TRUSTEE 2.00
Director
$0 $0 $0
JENNIFER O'NEILL TRUSTEE 2.00
Director
$0 $0 $0
JED SHEA TRUSTEE 2.00
Director
$0 $0 $0
JAY KARP IMMEDIATE PAST PRESIDENT 2.00
Officer Director
$0 $0 $0
VICTORIA EDMONDS TRUSTEE 2.00
Director
$0 $0 $0
NICOLE SHETH PRESIDENT 2.00
Officer Director
$0 $0 $0
JACQUELINE WATERS PRESIDENT ELECT 2.00
Officer Director
$0 $0 $0
JOHN VAN DECKER TRUSTEE 2.00
Director
$0 $0 $0
DAVID LEWISON TRUSTEE 2.00
Director
$0 $0 $0
DEBORAH EGEL-FERGUS TRUSTEE 2.00
Director
$0 $0 $0
DEREK VAN DER VOORT TRUSTEE 2.00
Director
$0 $0 $0
LA'VONDA MCLEAN SECRETARY - TREASURER 2.00
Officer Director
$0 $0 $0
ROBBIE THOMPSON CHIEF EXECUTIVE OFFICER 40.00
Officer
$331,007 $40,143 $371,150
SCOTT BILLEY CHIEF OPERATING OFFICER 40.00
Officer
$211,433 $37,260 $248,693
DAN JENNEY VP OF STRATEGY & PROGRAMS 40.00
Highest
$194,827 $44,231 $239,058
DIANE DUKES VP OF MEETINGS & EVENTS 40.00
Highest
$182,329 $17,835 $200,164
ERIN STEPHENS DEPUTY CHIEF OPERATING OFFICER 40.00
Highest
$141,822 $8,498 $150,320
AMY WENSTROM DIRECTOR OF MARKETING & COMMUNICATION 40.00
Highest
$136,432 $0 $136,432
MEGAN MOORE DIRECTOR OF PROFESSIONAL DEVELOPMENT 40.00
Highest
$132,876 $0 $132,876
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $8,268,000 $7,868,077 $8,960,234 $399,923
2024 No data No data No data No data
2023 $7,687,950 $7,129,182 $9,613,868 $558,768
2022 $6,682,385 $6,193,364 $7,635,168 $489,021
2021 $4,853,702 $4,116,264 $7,512,109 $737,438
2020 $4,381,740 $4,283,638 $6,230,123 $98,102
2019 $5,685,963 $6,044,714 $6,084,003 $-358,751
2018 $6,159,727 $6,086,805 $6,053,122 $72,922
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