Richmond Claims Association Incorporated is located in Richmond, VA. The organization was established in 1987. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, 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. Richmond Claims Association Incorporated is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Richmond Claims Association Incorporated generated $375.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (48.6%) each year. All expenses for the organization totaled $4.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE SCHOLARSHIP TO MEMBERS CHILDREN IN COLLEGE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jerry Clark Secretary | 2 | $0 | |
Robert T Ross Director | 1 | $0 | |
Willis Mccauley Director | 1 | $0 | |
Christopher Jones Treasurer | 5 | $0 | |
Allen Kidd President | 5 | $0 | |
Tameka Robinson Vice President | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $300 |
Membership dues | $75 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $375 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $509 |
Other expenses | $3,803 |
Total expenses | $4,312 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $87,996 |
Other assets | $0 |
Total assets | $87,996 |
Total liabilities | $0 |
Net assets or fund balances | $87,996 |
Organization Name | Assets | Revenue |
---|---|---|
Jackson Utility Division Benefits Program Trust Jackson, TN | $8,539,572 | $8,659,868 |
Property & Casualty Insurance Guaranty Corporation Towson, MD | $24,268,806 | $4,102,215 |
Hedrick Employee Group Benefit Plan Trust Salisbury, NC | $2,627,065 | $8,303,348 |
Asphalt Institute Inc Lexington, KY | $13,937,095 | $7,949,306 |
Piedmont Liability Trust Charlottesville, VA | $77,604,181 | $9,580,879 |
Baptist Healthcare System Inc Louisville, KY | $962,738 | $6,805,562 |
National Association Of Health Underwriters Washington, DC | $5,260,956 | $6,921,904 |
Clark Companies Medical Benefit Plan Bowling Green, KY | $441,300 | $5,993,234 |
Diamond G Employee Benefit Trust Greeneville, TN | $11,777 | $4,902,526 |
American Benefits Council Washington, DC | $6,526,804 | $5,295,923 |
National Automatic Sprinkler Metal Trades Welfare Fund Landover, MD | $18,558,792 | $6,112,482 |
Surety & Fidelity Association Of America Washington, DC | $6,311,945 | $5,463,554 |