Overview

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Est.

1972

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Virginia Property and Casualty Insurance Guaranty Association (EIN: 23-7270137) operates with an annual budget of $2.7 million and total revenue of $8 million, focusing on providing protection to policyholders and claimants of insolvent insurers in accordance with Virginia state statutes. The organization plays a crucial role in ensuring financial security for affected individuals, reflecting its commitment to the insurance sector in Virginia. For more information, visit their website at www.gfms.org.

Mission Statement

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.
Revenues
$8M
Expenses
$8.6M
Net Income:
-$658.1K
Assets
$152.1M
Liabilities
$0
Net Assets:
+$152.1M
Operating Budget
$2.7M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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T
Theresa C Lewis Chair
Board Member
J
Joe Torti Board Member
Board Member
M
Michael Catina Board Member
Board Member

Frequently Asked Questions

What is VIRGINIA PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION’s budget?
In 2024, VIRGINIA PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION reported an annual operating budget of around $2.7 million. More detailed financial information is available to registered users.
What causes does VIRGINIA PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION support?
VIRGINIA PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION supports work in Insurance.
Where does VIRGINIA PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION operate?
VIRGINIA PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION is headquartered in Boston, MA.