NonprofitsVirginia Property And Casualty Insurance Luaranty Association

Virginia Property And Casualty Insurance Luaranty Association

BOSTON, MA

Total revenue

$8.0M

Total expenses

$8.6M

Net assets

$152.1M

Grants received

EIN

237270137

Tax year

2024

Mission

During the year the Association paid covered claims on behalf of insolvent insurers in accordance with the Virginia state statute, Chapter 16 of Title 38.2 of the Code of Virginia.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$2.8M
Investment income$5.1M
Other revenue
Total revenue$8.0M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$2.7M
Total expenses$8.6M
Total assets$152.1M
Net assets$152.1M

People

9 listed

NameRoleCompensation

Theresa C Lewis Chair

representing Mutual Assurance Society of VA

Board

1 hrs/wk

Beth Murphy Vice Chair

representing Grange Insurance Company

Board

1 hrs/wk

Tom Brown Board Member

representing State Farm Mutual Auto. Ins. Co.

Board

1 hrs/wk

Michael Catina Board Member

representing Zurich American Ins. Co.

Board

1 hrs/wk

Samantha Freedman Board Member

representing Government Employees Ins Co

Board

1 hrs/wk

Douglas Morrissey Board Member

representing Continental Casualty Company

Board

1 hrs/wk

David Priddy Board Member

representing Virginia Farm Bureau Mutual Ins Co

Board

1 hrs/wk

Tinna Damaso Quigley Board Member

representing Allstate Insurance Company

Board

1 hrs/wk

Joe Torti Board Member

representing United States Fire Insurance Co

Board

1 hrs/wk

Independent contractors

Tmesys LLC

Rx Drug Service

$848K

Kalfus and Nachman PC

Legal Services

$200K

Tree of Life Services

Care Facility

$195K

Kalbaugh Pfund & Messersmith PC

Legal

$152K

CorVel Corporation

Third Party Pay Service

$114K

Details

EIN237270137
Subsection06
Ruling date1974-04
Formed1972
Employees0
Volunteers0
VIRGINIA PROPERTY AND CASUALTY INSURANCE LUARANTY ASSOCIATION — Mission, Financials & Grants Received | Grantivo