Virginia Self-Insurers Association Inc
- Assets
- $71.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, VA
- Founding
- 02/1993
- Data as of
- 12/2021
- 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 12/2021, Virginia Self-Insurers Association Inc generated $65.5k 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 (8.1%) each year. All expenses for the organization totaled $113.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.3%) 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 | |
Ellen F Lemieux Treasurer | 0.2 | $0 | |
Randy F Jouben Secretary | 0.1 | $0 | |
Rebecca A Beatson Director | 0 | $0 | |
Donna Yeats Vice Preside | 0.1 | $0 | |
Charles Fugate Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $31,100 |
| Membership dues | $34,400 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $65,500 |
| 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 | $85,165 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,633 |
| Total expenses | $113,798 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,482 |
| Other assets | $0 |
| Total assets | $71,482 |
| Total liabilities | $0 |
| Net assets or fund balances | $71,482 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catholic Charities Usa Employee Welfare Benefit Tr Alexandria, VA | $13,170,209 | $41,773,256 |
Risk Acceptance Management Corporation Winstonsalem, NC | $0 | $4,248,054 |
Mueller Industries Inc Benefits Tr Collierville, TN | $623,819 | $27,509,005 |
The H T Hackney Co Emloyee Benefit Plans Trust Knoxville, TN | $4,355,910 | $23,918,900 |
Tri-County Building Trades Welfare Fund Ona, WV | $25,786,876 | $22,983,725 |
Bush Brothers & Company Employees Benefit Tr Knoxville, TN | $646,705 | $13,680,587 |
Childrens Hospital Self-Insurance Trust Washington, DC | $0 | $0 |
North Carolina Insurance Guaranty Association Raleigh, NC | $120,494,721 | $22,094,183 |
Southern States Group Benefit Trust Richmond, VA | $1,559,030 | $9,812,364 |
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 |