Virginia Self-Insurers Association Inc
- Assets
- $58.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, VA
- Founding
- 02/1993
- Data as of
- 12/2022
- EIN
- 54-1642495
Organization Overview
Virginia Self-Insurers Association Inc is located in Richmond, VA. The organization was established in 1993. 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. Virginia Self-Insurers Association Inc 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, Virginia Self-Insurers Association Inc generated $82.5k 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 (6.5%) each year. All expenses for the organization totaled $95.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike King President | 0.3 | $0 | |
Donna Yeats Vice President | 0.1 | $0 | |
Ellen F Lemieux Treasurer | 0.2 | $0 | |
Randy F Jouben Secretary | 0.1 | $0 | |
Jeff Ford Director | 0 | $0 | |
Leah Hunger Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $52,559 |
| Membership dues | $29,935 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $82,494 |
| 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 | $50,400 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $45,307 |
| Total expenses | $95,707 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,269 |
| Other assets | $0 |
| Total assets | $58,269 |
| Total liabilities | $0 |
| Net assets or fund balances | $58,269 |