The United Pool Association is in the process of incorporating as a 501(c)(6) nonprofit association. UPA President Steve Homer expects the service technician association to be incorporated by January 2016. To qualify as a 501(c)(6), all earnings must be reinvested back into the organization. “We’ve never cared about incorporating in the past,” Homer said. “We’re just a bunch of guys who got together to buy insurance and help each other out.”
The move will add more insurance coverage to the association. Insurance for officers and directors will be instituted in case the association is ever sued, though Homer asserted that in 27 years, UPA has never faced a lawsuit.
“Our insurance underwriter didn’t ask us to be a nonprofit, but they indicated that’s the way of the future. More companies want to work with groups that are legitimate.”
Homer doesn’t expect incorporating to change how UPA operates.