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EIN 23-7270137

Virginia Property and Casualty Insurance Guaranty Association

IRS 501(c) type
501(c)(6)
Num. employees
0
City
Boston
State
Massachusetts
Year formed
1972
Most recent tax filings
2023-12-01
NTEE code, primary
Y20: Insurance Providers, Services
Description
During the year the Association provided protection to policyholders & claimants of insolvent insurers in accordance with the Virginia state statute, Chapter 16 of Title 38.2 of the Code of Virginia. 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. Protect the policyholders & claimants of insolvent insurers in accordance with state statute, Chapter 16 of Title 38.2 of the Code of Virginia.
Total revenues
$3,018,278
2023
Total expenses
$9,860,733
2023
Total assets
$152,716,440
2023
Num. employees
0
2023

Program areas at Virginia Property and Casualty Insurance Guaranty Association

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

Personnel at Virginia Property and Casualty Insurance Guaranty Association

NameTitle
Heather HollandTreasurer
Paul GulkoExecutive Secretary

Financials for Virginia Property and Casualty Insurance Guaranty Association

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$1,901,070
Investment income and dividends$4,368,825
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-3,251,617
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,018,278

Form 990s for Virginia Property and Casualty Insurance Guaranty Association

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-09990View PDF
2021-122022-11-15990View PDF
2020-122021-12-01990View PDF
2019-122021-10-14990OView PDF
...and 9 more Form 990s
Data update history
January 9, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 3, 2025
Used new vendors
Identified 1 new vendor, including
January 18, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 11, 2024
Updated personnel
Identified 1 new personnel
December 28, 2023
Used new vendors
Identified 4 new vendors, including , , , and
Nonprofit Types
Mutual assistance organizationsInsurance companiesEnvironmental organizations
Issues
No issues found
Characteristics
MembershipsNo full-time employees
General information
Address
1 Bowdoin Sq Second Floor
Boston, MA 02114
Metro area
Boston-Cambridge-Newton, MA-NH
County
Suffolk County, MA
Website URL
gfms.org/ 
Phone
(617) 227-7020
IRS details
EIN
23-7270137
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1972
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
Y20: Insurance Providers, Services
NAICS code, primary
524126: Direct Property and Casualty Insurance Carriers
Parent/child status
Independent
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