Vermont Vehicle And Automotive Distributors Association Medical B

Organization Overview

Vermont Vehicle And Automotive Distributors Association Medical B is located in Barre, VT. The organization was established in 2017. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Vehicle And Automotive Distributors Association Medical B is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 02/2022, Vermont Vehicle And Automotive Distributors Association Medical B generated $8.9m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $9.1m during the year ending 02/2022. While expenses have increased by 3.9% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE INSURANCE TRUST PROVIDES MEDICAL AND OTHER BENEFITS TO ELIGIBLE EMPLOYEES (AND THEIR ELIGIBLE DEPENDENTS) OF PARTICIPATING EMPLOYERS, WHO ARE DEALER MEMBERS OF THE VERMONT AUTOMOBILE DEALERS' ASSOCIATION, INC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE INSURANCE TRUST PROVIDES MEDICAL AND OTHER BENEFITS TO ELIGIBLE EMPLOYEES (AND THEIR ELIGIBLE DEPENDENTS) OF PARTICIPATING EMPLOYERS, WHO ARE DEALER MEMBERS OF THE VERMONT AUTOMOBILE DEALERS' ASSOCIATION, INC.


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Board, Officers & Key Employees

Name (title)Compensation
Marilyn Miller
Executive Dir.
$0
Dan Keene
Trustee
$0
Robert Cody II
Trustee
$0
Mitchell Jay
Chairman
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$8,895,997
Investment income $495
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,896,492

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