MRM PROPERTY & LIABILITY TRUST

EIN: 770590806 501(c)(3) Mutual Benefit

SEWICKLEY, PA

Total Revenue
$17,238,415
Total Expenses
$18,010,944
Total Assets
$40,211,714
Net Assets
$23,981,893
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
PA
Principal Officer
CHRISTINE CALIGUIRI
Phone
7249349797
Tax Period
2024-05-01 to 2025-04-30

MRM PROPERTY & LIABILITY TRUST, founded in 2002, is a mid-sized nonprofit in the Mutual Benefit sector that reported $17.2M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

THE ORGANIZATION PROVIDES AND ADMINISTERS A PROPERTY AND CASUALTY INSURANCE PROGRAM PURSUANT TO PENNSYLVANIA STATUTORY AUTHORITY FOR THE BENEFIT OF ITS PARTICIPANTS, GOVERNMENT ENTITIES, AT THE LOWEST POSSIBLE COST AND STRIVES TO REDUCE THE FREQUENCY AND AMOUNT OF LOSSES, MINIMIZE THE COSTS INCURRED BY PARTICIPANTS IN THE HANDLING AND LITIGATION OF CLAIMS, AND TO PROTECT PARTICIPANTS FROM THE VOLATILITY OF THE COMMERICAL INSURANCE MARKET.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $16,249,869
Investment Income $980,146
Other Revenue $8,400
TOTAL REVENUE $17,238,415

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $17,934,779
Other Expenses $14,307,688
TOTAL EXPENSES $18,010,944

Year-over-Year Comparison

2024 2023 Change
Revenue $17,238,415 $15,748,915 +0.1%
Expenses $18,010,944 $17,295,617 +0.0%
Net Income $-772,529 $-1,546,702 -0.5%
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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
N/A

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
4
$167,960
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
M KIMBERLY STEELE TRUSTEE 1.00
Director
$0 $0 $0
MARK DEVLIN TRUSTEE 1.00
Director
$0 $0 $0
HERBERT HARTLE TRUSTEE 1.00
Director
$0 $0 $0
KEN HILLMAN TRUSTEE 1.00
Director
$0 $0 $0
AL ATKINSON TRUSTEE 1.00
Director
$0 $0 $0
HOWARD THEIS VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
JIM BOYLE TREASURER 1.00
Officer Director
$0 $0 $0
WILLIAM POSTON CHAIRMAN 1.00
Officer Director
$0 $0 $0
CHRISTINE CALIGUIRI CFO/TRUST ADMINISTRATOR 1.00
Officer
$0 $7,397 $167,960
MEGHAN GRAHAM DIRECTOR OF PROGRAMS 1.00
Highest
$0 $0 $120,966
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 $17,238,415 $18,010,944 $40,211,714 $-772,529
2024 $15,748,915 $17,295,617 $37,346,753 $-1,546,702
2023 $14,357,857 $15,860,526 $37,925,717 $-1,502,669
2022 $14,896,339 $14,389,906 $33,998,884 $506,433
2021 $13,773,572 $14,160,830 $36,194,134 $-387,258
2020 $13,587,809 $12,712,845 $29,252,918 $874,964
2019 $12,811,173 $12,284,159 $27,908,266 $527,014
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