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Portage Bay Insurance

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Mutual/Membership Benefit Organizations, Other N.E.C. (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$62.5M (2023)

Expenses
$67.2M (2023)

Total Assets
$162M (2023)

Total Liabilities
$157M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$62,536,564
Expenses
$67,193,743
Net Income
-$4,657,179
Net Assets
$4,693,330
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $62,536,564
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $161,698,095
Total Liabilities $157,004,765
Net Assets $4,693,330
Compensation
Key Employees and Officers Compensation Related Other
Jane Yung (President/Director) $0 $252,520 $49,565
Marcia Rhodes (Vice President/Director) $0 $121,880 $26,709
Brian Mccartan (Director) $0 $360,372 $77,707
Jacqueline Cabe (Director) $0 $651,472 $41,166
Sarah Norris Hall (Director) $0 $341,039 $69,363
Timothy Dellit (Director) $0 $536,958 $54,529
Denys Kazama (Secretary/Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$43,679,880
Expenses
$52,270,627
Net Income
-$8,590,747
Net Assets
$5,510,455
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $43,679,880
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $192,262,128
Total Liabilities $186,751,673
Net Assets $5,510,455
Compensation
Key Employees and Officers Compensation Related Other
Jane Yung (President/Director) $0 $245,007 $51,108
Marcia Rhodes Yanuss (Vice President/Director) $0 $162,378 $29,677
Brian Mccartan (Director) $0 $356,106 $80,116
Jacqueline Cabe (Director) $0 $631,535 $38,586
Michael Kelly (Director) $0 $0 $0
Sarah Norris Hall (Director) $0 $315,268 $69,643
Timothy Dellit (Director) $0 $403,704 $48,860
Denys Kazama (Secretary/Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$59,637,964
Expenses
$56,248,304
Net Income
$3,389,660
Net Assets
$18,202,800
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $51,572,032
86.5%
Investment Income $8,065,932
13.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $176,507,390
Total Liabilities $158,304,590
Net Assets $18,202,800
Compensation
Key Employees and Officers Compensation Related Other
Jane Yung (President/Director) $0 $238,923 $54,831
Marcia Rhodes Yanuss (Vice President/Director) $0 $197,340 $34,301
Brian Mccartan (Director) $0 $353,187 $81,654
Jacqueline Cabe (Director) $0 $564,682 $38,472
Michael Kelly (Director) $0 $0 $0
Sarah Norris Hall (Director) $0 $279,955 $69,194
Timothy Dellit (Director) $0 $392,679 $48,251
Denys Kazama (Secretary/Treasurer (As Of 02/01/2021)) $0 $0 $0
Tempe Robins (Secretary/Treasurer (Until 02/01/2021)) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$26,048,700
Expenses
$28,573,638
Net Income
-$2,524,938
Net Assets
$14,813,140
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $24,410,000
93.7%
Investment Income $1,638,700
6.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $99,811,015
Total Liabilities $84,997,875
Net Assets $14,813,140
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jane Yung (President/Director (As Of February 2020)) $0 $167,257 $45,899
Marcia Rhodes Yanuss (Vice President/Director) $0 $196,218 $34,015
Michael Kelly (President/Director (Until February 2020)) $0 $0 $0
Brian Mccartan (Director) $0 $347,727 $73,048
David M Anderson (Director (Until November 2019)) $0 $308,591 $45,067
Jacqueline Cabe (Director) $0 $623,991 $44,677
Sarah Norris Hall (Director) $0 $276,137 $68,073
Timothy Dellit (Director) $0 $408,882 $45,259
Tempe Robins (Secretary/Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$27,318,555
Expenses
$40,456,608
Net Income
-$13,138,053
Net Assets
$17,338,078
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $23,637,000
86.5%
Investment Income $3,681,555
13.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $89,987,622
Total Liabilities $72,649,544
Net Assets $17,338,078
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Michael Kelly (President/Director) $0 $0 $0
Marcia Rhodes Yanuss (Vice President/Director) $0 $190,456 $33,253
Jacqueline Cabe (Director (As Of December 2018)) $0 $620,592 $43,765
Tim Dellit (Director) $0 $212,456 $32,370
Sarah Norris Hall (Director) $0 $227,028 $61,205
Brian Mccartan (Director) $0 $274,894 $45,937
David M Anderson (Director) $0 $308,008 $44,769
Mark Green (Director (Until December 2018)) $0 $0 $0
Herb Van Der Veer (Director(until December 2018)) $0 $0 $0
Tempe Robins (Secretary/Treasurer (As Of December 2018)) $0 $0 $0
Craig Wantanabe (Secretary/Treasurer(until December 2018)) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$26,275,036
Expenses
$33,137,663
Net Income
-$6,862,627
Net Assets
$30,476,131
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $23,266,000
88.5%
Investment Income $3,009,036
11.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $114,785,331
Total Liabilities $84,309,200
Net Assets $30,476,131
Compensation
Key Employees and Officers Compensation Related Other
Elizabeth Ann Cherry (President/Director Through 11/2017) $0 $263,923 $61,486
Marcia Rhodes Yanuss (Vice President/Director) $0 $184,828 $34,556
Michael Kelly (President/Director) $0 $0 $0
Mark Green (Director) $0 $448,055 $51,755
Tim Dellit (Director) $0 $180,664 $28,419
Sarah Norris Hall (Director) $0 $177,266 $53,046
David M Anderson (Director) $0 $284,509 $44,574
Herb Van Der Veer (Director) $0 $0 $0
Brian Mccartan (Director) $0 $0 $0
Craig Watanabe (Secretary/Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$26,572,917
Expenses
$13,559,388
Net Income
$13,013,529
Net Assets
$37,338,758
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $23,593,000
88.8%
Investment Income $2,979,917
11.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $83,367,227
Total Liabilities $46,028,469
Net Assets $37,338,758
Compensation
Key Employees and Officers Compensation Related Other
Elizabeth Ann Cherry (President/Director) $0 $317,328 $64,036
Marcia Rhodes Yanuss (Vice President/Director) $0 $178,389 $33,640
Mark Green (Director) $0 $412,532 $60,349
Tim Dellit (Director) $0 $242,428 $30,626
Michael Kelly (Director) $0 $0 $0
Rolf Johnson (Director (Term Ended 9.30.16)) $0 $156,576 $29,599
Christopher Malins (Director (Term Ended 9.30.16)) $0 $239,675 $39,223
Herb Van Der Veer (Director) $0 $0 $0
Sarah Norris Hall (Director) $0 $164,154 $48,242
Craig Watanabe (Secretary/Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$22,338,122
Expenses
$23,875,429
Net Income
-$1,537,307
Net Assets
$24,325,229
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $21,773,989
97.5%
Investment Income $564,133
2.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $76,769,550
Total Liabilities $52,444,321
Net Assets $24,325,229
Compensation
Key Employees and Officers Compensation Related Other
Elizabeth Ann Cherry (President/Director) $0 $236,661 $59,994
Marcia Rhodes Yanuss (Vice President/Director) $0 $173,549 $31,642
Mark Green (Director) $0 $336,886 $47,611
Tim Dellit (Director) $0 $254,130 $29,957
Michael Kelly (Director Starting 12/18/2015) $0 $0 $0
Rolf Johnson (Director) $0 $177,677 $29,961
Christopher Malins (Director) $0 $231,291 $37,172
Herb Van Der Veer (Director) $0 $0 $0
Craig Watanabe (Secretary/Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$22,687,825
Expenses
$31,366,766
Net Income
-$8,678,941
Net Assets
$25,862,536
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $20,328,332
89.6%
Investment Income $2,359,493
10.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $87,715,268
Total Liabilities $61,852,732
Net Assets $25,862,536
Compensation
Key Employees and Officers Compensation Related Other
Elizabeth Ann Cherry (President/Director) $0 $184,565 $43,981
Marcia Rhodes Yanuss (Vice President/Director) $0 $161,457 $29,262
Mark Green (Director) $0 $308,628 $78,373
David Anderson (Director) $0 $248,500 $38,841
Christopher Malins (Director) $0 $228,197 $27,989
Jack Johnson (Director) $0 $125,859 $27,989
Lawrence Robinson (Director) $0 $178,214 $24,060
Herb Van Der Veer (Director) $0 $0 $0
Craig Watanabe (Secretary/Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$22,357,055
Expenses
$20,697,251
Net Income
$1,659,804
Net Assets
$34,541,477
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $18,532,333
82.9%
Investment Income $3,824,722
17.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $81,190,979
Total Liabilities $46,649,502
Net Assets $34,541,477
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Elizabeth Ann Cherry (President/Director) $0 $172,049 $46,307
Marcia Rhodes Yanuss (Vice President/Director) $0 $147,565 $25,646
Lawrence Robinson 713 614 (Director) $0 $345,385 $36,079
Douglas Breckel 713 1213 (Director) $0 $229,685 $45,554
Edward Buchwald 713 314 (Director) $0 $0 $0
Mark Green (Director) $0 $292,253 $71,193
David Anderson (Director) $0 $237,076 $31,139
Chris Malins (Director) $0 $196,114 $36,478
Jack Johnson (Director) $0 $168,879 $32,055
Craig Watanabe (Secretary/Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,556,096
Expenses
$28,249,928
Net Income
-$7,693,832
Net Assets
$32,881,673
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $17,648,667
85.9%
Investment Income $2,907,429
14.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $93,007,896
Total Liabilities $60,126,223
Net Assets $32,881,673

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,544,434
Expenses
$18,082,650
Net Income
-$538,216
Net Assets
$40,575,505
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $15,995,000
91.2%
Investment Income $1,549,434
8.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $80,174,842
Total Liabilities $39,599,337
Net Assets $40,575,505

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,161,880
Expenses
$12,649,658
Net Income
$6,512,222
Net Assets
$41,113,721
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $14,687,244
76.6%
Investment Income $4,474,636
23.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $76,632,335
Total Liabilities $35,518,614
Net Assets $41,113,721

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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