NonprofitsVermont Captive Insurance Association

Mutual & Membership Benefit

Vermont Captive Insurance Association

S BURLINGTON, VT

Total revenue

$2.1M

Total expenses

$2.0M

Net assets

$1.0M

Grants received

EIN

222744474

Tax year

2024

Mission

The vermont captive insurance association (vcia) exists to promote the vermont captive insurance industry. Vcia held their 40th annual conference in august, drawing just over 1,000 participants from all over the world. Regional meetings and seminars are also held in u.s. Cities to educate people about vermont's captive insurance industry.

Programs

2 programs

Vcia held two educational webinars, and two regional road shows. Members and non-members are able to earn cpe/cle credit for the educational webinars. The trade missions/road shows serve to educate people about vermont's captive insurance industry.

Vcia conducts legislative and lobbying activities thoughout the year on a state level. In january, vcia held their annual legislative day in montpelier, vt. Vcia staff and legislative members gathered to continue the successful working relationship between vcia and the state's elected and appointed leaders. Vcia also hires an attorney in washington dc to attend naic meetings on behalf of vcia.

Financials

FY 2024

Revenue

Contributions & grants$6K
Program service revenue$2.0M
Investment income$56K
Other revenue$8K
Total revenue$2.1M

Expenses

Grants paid$720
Salaries & benefits$944K
Fundraising
Other expenses$1.0M
Total expenses$2.0M
Total assets$1.5M
Net assets$1.0M

People

18 listed

NameRoleCompensation

KEVIN MEAD

PRESIDENT

Board

$185K

40 hrs/wk

JOCELYN LAMB

SR DIR, FINANCE; ASST TREASURER

Board

$103K

40 hrs/wk

NICOLE NIKKI FITZCHARLES

ASSISTANT SECRETARY

Board

$48K

40 hrs/wk

GAIL NEWMAN

BOARD CHAIR

Board

2 hrs/wk

JOE CARTER

VICE BOARD CHAIR

Board

2 hrs/wk

ANDREW BAILLIE

TREASURER (TO SEP '24)

Board

2 hrs/wk

JASON PALMER

TREASURER

Board

2 hrs/wk

MELINDA YOUNG

SECRETARY

Board

2 hrs/wk

JULIE BORDO

DIRECTOR (FROM OCT '24)

Board

2 hrs/wk

AARON CIULLO

DIRECTOR (FROM OCT '24)

Board

2 hrs/wk

LAWRENCE COOK

DIRECTOR (TO SEP '24)

Board

2 hrs/wk

IAN DAVIS

DIRECTOR

Board

2 hrs/wk

RYAN GADAPEE

DIRECTOR

Board

2 hrs/wk

A TRACY HASSETT

DIRECTOR

Board

2 hrs/wk

CAMERON MACARTHUR

DIRECTOR

Board

2 hrs/wk

BRENDA STEWART

DIRECTOR (FROM OCT '24)

Board

2 hrs/wk

DERICK WHITE

DIRECTOR (TO SEP '24)

Board

2 hrs/wk

ANGELA ARMOUR

DIR, MEMBERSHIP & SALES

Staff

$105K

40 hrs/wk

Independent contractors

HILTON DOUBLETREE

EVENT SERVICES

$182K

Details

EIN222744474
NTEE codeY00C
Subsection06
Ruling date1987-04
Formed1986
Employees8
Volunteers130
VERMONT CAPTIVE INSURANCE ASSOCIATION — Mission, Financials & Grants Received | Grantivo