EIN 23-7097511

Virginia Property Insurance Association

IRS 501(c) type
501(c)(6)
Num. employees
15
Year formed
1968
Most recent tax filings
2019-09
Description
The Virginia Property Insurance Association (VPIA or "the Association") was established by the Virginia State Corporation Commission for the purpose of Administering a program of equitable distribution and placement of basic property insurance in comp...

Program areas at Virginia Property Insurance Association

The Virginia Property Insurance Association (VPIA or "the Association") was established by the Virginia State Corporation Commission for the purpose of Administering a program of equitable distribution and placement of basic property insurance in compliance with the urban property protection and reinsurance act of 1968. The program became effective on July 26, 1968, as the Virginia Insurance Placement Facility and was reorganized as VPIA October 1, 1973. VPIA issues policies on behalf of its members who bear the direct risk on a pro-rata basis. VPIA is responsible for the collection of premiums, payment of commissions, losses and loss adjustment expenses, and also general administrative expenses. Assessments are made on participating companies for funds as they are needed.

Form 990s for Virginia Property Insurance Association

Fiscal year endingDate received by IRSFormPDF link
2019-092020-09-05990View PDF
2018-092019-06-19990View PDF
2017-092018-04-10990View PDF
2016-092017-08-03990OView PDF
2015-092016-07-13990OView PDF
...and 5 more Form 990s

Financials for Virginia Property Insurance Association

RevenuesFYE 09/2019
Total grants, contributions, etc.$0
Program services$17,056,498
Investment income and dividends$686,218
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$6,926
Total revenues$17,749,642

Personnel at Virginia Property Insurance Association

NameTitle
Susan TinsleyGeneral Manager and Secretary

Organizations like Virginia Property Insurance Association

OrganizationLocationRevenue
Workers' Compensation Security Fund (WCSF)Basking Ridge, NJ$51,066,087
Pennsylvania Property and Casualty Insurance Guaranty Association (PPCIGA)Philadelphia, PA$17,497,570
Kansas All Industry Placement FacilityTopeka, KS$8,366,775
Texas Property and Casualty Insurance Guaranty Association (TPCIGA)Austin, TX$27,906,236
Louisiana Insurance Guaranty AssociationBaton Rouge, LA$18,965,221
Illinois Insurance Guaranty FundChicago, IL$27,782,777
Nevada Insurance Guaranty Association (NIGA)Las Vegas, NV$7,597,528
Minnesota Insurance Guaranty AssociationEdina, MN$16,636,952
Michigan Property and Casualty Guaranty Association (MPCGA)Novi, MI$26,159,733
Kentucky Assigned Claims PlanLouisville, KY$6,546,731
North Carolina Insurance Guaranty AssociationRaleigh, NC$45,498,675
Property and Casualty Insurance Guaranty Corporation (PCIGC)Towson, MD$9,553,900
Michigan Automobile Insurance Placement Facility (MAIPF)Johnston, RI$39,020,728
HealthyCTWallingford, CT$5,063,060
Pennsylvania Professional Liability Joint Underwriting Association (PPLJUA)Blue Bell, PA$12,326,731
Kentucky Insurance Guaranty Association (KLHIGA)Louisville, KY$14,013,841
Florida Insurance Guaranty Association (FIGA)Tallahassee, FL$36,407,539
Oklahoma Property and Casualty Insurance Guaranty AssociationOklahoma City, OK$7,321,697
Missouri Life and Health Insurance Guaranty AssociationJefferson Cty, MO$11,594,216
Southern Mutual Church InsuranceColumbia, SC$51,219,086
Promedica Indemnity Insurance CorporationBurlington, VT$11,309,567
Insurance BoardCleveland, OH$49,312,581
Self-Insurers Security FundOakland, CA$65,844,772
Assured Life AssociationGreenwood Village, CO$13,440,925
Uniformed Services Benefit Association (USBA)Overland Park, KS$39,958,048
Nonprofit Types
Issues
No issues found
Characteristics
Key performance indicators
Total revenues
$17,749,642
2019
Yearly growth
0%
% of revenues
n/a
Total expenses
$14,111,320
2019
Yearly growth
-16.7%
% of expenses
n/a
Total assets
$35,470,201
2019
Yearly growth
2.4%
% of assets
n/a
Num. employees
15
2019
Yearly growth
-11.8%
% of total
n/a
General information
Address
Post Office Box 5568
Glen Allen, VA 23058
Metro area
Richmond, VA
Website URL
vpia.com/ 
Phone
(804) 591-3700
IRS details
EIN
23-7097511
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1968
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