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 12/2022, Richmond Claims Association Incorporated generated $6.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (41.0%) each year. All expenses for the organization totaled $7.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (34.3%) per year over the past 4 years. 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
2022
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS FOR MEMBERS CHILDREN TO ATTEND COLLEGE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tameka Robinson President | 5 | $0 | |
Jerry Clark Vice President | 2 | $0 | |
Christopher Jones Secretary | 2 | $0 | |
Robert T Ross Director | 1 | $0 | |
Willis Mccauley Director | 1 | $0 | |
Patrick O'grady Treasurer | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $1,979 |
Membership dues | $25 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $3,961 |
Other Revenue | $0 |
Total Revenue | $5,965 |
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 | $960 |
Other expenses | $6,944 |
Total expenses | $7,904 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $74,824 |
Other assets | $0 |
Total assets | $74,824 |
Total liabilities | $0 |
Net assets or fund balances | $74,824 |