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Employer Identification Number 54-1642659

VIRGINIA LIFE ACCIDENT AND SICKNESS is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:VIRGINIA LIFE ACCIDENT AND SICKNESS
Employer identification number (EIN):54-1642659
EIN Issuing AuthorityBrookhaven, NY
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementPRIMARY EXEMPT PURPOSE: THE ASSOCIATION IS A VIRGINIA STATUTORY ASSOCIATION FORMED PURSUANT TO CHAPTER 17 OF TITLE 38.2 OF THE CODE OF VIRGINIA TO PAY OBLIGATIONS OF INSOLVENT INSURANCE COMPANIES UNDER THE SUPERVISION OF THE VIRGINIA STATE CORPORATION COMMISSION. WITH RESPECT TO CONTRACTS ISSUED BY INSURERS LICENSED TO TRANSACT BUSINESS IN VIRGINIA, IT DEALS WITH DIRECT LIFE INSURANCE POLICIES, ACCIDENT AND SICKNESS INSURANCE POLICIES, ANNUITY CONTRACTS AND CONTRACTS SUPPLEMENTAL THERETO, AS WELL AS DENTAL BENEFIT CONTRACTS ENTERED INTO WITH DENTAL PLAN ORGANIZATIONS AS PROVIDED IN CHAPTER 61 OF TITLE 38.2. ALL INSURERS LICENSED TO WRITE SUCH POLICIES OR CONTRACTS IN VIRGINIA ARE REQUIRED TO BE MEMBERS OF THE ASSOCIATION. IN ACCORDANCE WITH SECTION 38.2-1705 OF THE CODE OF VIRGINIA, THE ASSOCIATION MAY ASSESS ITS APPROXIMATELY 775 MEMBERS TO THE EXTENT NECESSARY TO CARRY OUT ITS POWERS AND DUTIES. THE ASSOCIATION'S MEMBERS INCLUDE ALL LIFE, ACCIDENT AND SICKNESS AND ANNUITY INSURANCE C
Number of Employees0
Number of Volunteers9
Year Formed1976

Organization Governance

Legal DomicileVA
Voting Members - Governing Body9
Voting Members - Independent9

Organization Financials

2022-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 9,943,657
Program Service Revenue from current yearUSD $ 1,534,830
Investment Income from prior yearUSD $ 1,877
Investment Income from current yearUSD $ 14,059
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 1,548,889
Net assets / fund balances at end of fiscal yearUSD $ 2,641,783
Net assets / fund balances at beginning of fiscal yearUSD $ 10,688,024
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 26,379
Total assets at end of fiscal yearUSD $ 2,641,783
Total assets at beginning of fiscal yearUSD $ 10,714,403
Revenues less expenses for current yearUSD $ -8,046,241
Revenues less expenses for previous yearUSD $ 5,388,845
Total expenses for current yearUSD $ 9,595,130
Total expenses for previous yearUSD $ 4,556,689
Other expenses in current yearUSD $ 818,713
Other expenses in previous yearUSD $ 771,543
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 8,776,417
Benefits paid to or for members in previous yearUSD $ 3,785,146
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,548,889
Total revenue in previous fiscal yearUSD $ 9,945,534
Contributions and grants from current yearUSD $ 0
2021-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 1,305,941
Program Service Revenue from current yearUSD $ 9,943,657
Investment Income from prior yearUSD $ 46,253
Investment Income from current yearUSD $ 1,877
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 9,945,534
Net assets / fund balances at end of fiscal yearUSD $ 10,688,024
Net assets / fund balances at beginning of fiscal yearUSD $ 5,299,179
Total liabilities at end of fiscal yearUSD $ 26,379
Total assets at end of fiscal yearUSD $ 10,714,403
Total assets at beginning of fiscal yearUSD $ 5,299,179
Revenues less expenses for current yearUSD $ 5,388,845
Revenues less expenses for previous yearUSD $ -13,206,136
Total expenses for current yearUSD $ 4,556,689
Total expenses for previous yearUSD $ 14,558,330
Other expenses in current yearUSD $ 771,543
Other expenses in previous yearUSD $ 685,721
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 3,785,146
Benefits paid to or for members in previous yearUSD $ 13,872,609
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 9,945,534
Total revenue in previous fiscal yearUSD $ 1,352,194
Contributions and grants from current yearUSD $ 0
2020-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 14,463,672
Program Service Revenue from current yearUSD $ 1,305,941
Investment Income from prior yearUSD $ 194,391
Investment Income from current yearUSD $ 46,253
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 1,352,194
Net assets / fund balances at end of fiscal yearUSD $ 5,299,179
Net assets / fund balances at beginning of fiscal yearUSD $ 18,505,315
Total liabilities at end of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 5,299,179
Total assets at beginning of fiscal yearUSD $ 18,505,315
Revenues less expenses for current yearUSD $ -13,206,136
Revenues less expenses for previous yearUSD $ -14,496,719
Total expenses for current yearUSD $ 14,558,330
Total expenses for previous yearUSD $ 29,154,782
Other expenses in current yearUSD $ 685,721
Other expenses in previous yearUSD $ 790,817
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 13,872,609
Benefits paid to or for members in previous yearUSD $ 28,363,965
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,352,194
Total revenue in previous fiscal yearUSD $ 14,658,063
Contributions and grants from current yearUSD $ 0
2019-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 42,231,140
Program Service Revenue from current yearUSD $ 14,463,672
Investment Income from prior yearUSD $ 852,985
Investment Income from current yearUSD $ 194,391
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 14,658,063
Net assets / fund balances at end of fiscal yearUSD $ 18,505,315
Net assets / fund balances at beginning of fiscal yearUSD $ 33,002,034
Total liabilities at end of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 18,505,315
Total assets at beginning of fiscal yearUSD $ 33,002,034
Revenues less expenses for current yearUSD $ -14,496,719
Revenues less expenses for previous yearUSD $ 5,137,020
Total expenses for current yearUSD $ 29,154,782
Total expenses for previous yearUSD $ 37,947,105
Other expenses in current yearUSD $ 790,817
Other expenses in previous yearUSD $ 916,010
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 28,363,965
Benefits paid to or for members in previous yearUSD $ 37,031,095
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 14,658,063
Total revenue in previous fiscal yearUSD $ 43,084,125
Contributions and grants from current yearUSD $ 0
2018-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 112,774,316
Program Service Revenue from current yearUSD $ 42,231,140
Investment Income from prior yearUSD $ 8,448
Investment Income from current yearUSD $ 852,985
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 43,084,125
Net assets / fund balances at end of fiscal yearUSD $ 33,002,034
Net assets / fund balances at beginning of fiscal yearUSD $ 27,865,014
Total liabilities at end of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 33,002,034
Total assets at beginning of fiscal yearUSD $ 27,865,014
Revenues less expenses for current yearUSD $ 5,137,020
Revenues less expenses for previous yearUSD $ 25,896,158
Total expenses for current yearUSD $ 37,947,105
Total expenses for previous yearUSD $ 86,886,606
Other expenses in current yearUSD $ 916,010
Other expenses in previous yearUSD $ 781,470
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 37,031,095
Benefits paid to or for members in previous yearUSD $ 86,105,136
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 43,084,125
Total revenue in previous fiscal yearUSD $ 112,782,764
Contributions and grants from current yearUSD $ 0
2017-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 553,550
Program Service Revenue from current yearUSD $ 112,774,316
Investment Income from current yearUSD $ 8,448
Other Revenue from prior yearUSD $ 715
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 112,782,764
Net assets / fund balances at end of fiscal yearUSD $ 27,865,014
Net assets / fund balances at beginning of fiscal yearUSD $ 1,968,856
Total liabilities at end of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 27,865,014
Total assets at beginning of fiscal yearUSD $ 1,968,856
Revenues less expenses for current yearUSD $ 25,896,158
Revenues less expenses for previous yearUSD $ -397,403
Total expenses for current yearUSD $ 86,886,606
Total expenses for previous yearUSD $ 951,668
Other expenses in current yearUSD $ 781,470
Other expenses in previous yearUSD $ 882,485
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 86,105,136
Benefits paid to or for members in previous yearUSD $ 69,183
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 112,782,764
Total revenue in previous fiscal yearUSD $ 554,265
Contributions and grants from current yearUSD $ 0
2016-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 1,643,071
Program Service Revenue from current yearUSD $ 553,550
Investment Income from current yearUSD $ 0
Other Revenue from prior yearUSD $ 1,424
Other Revenue from current yearUSD $ 715
Gross receipts from all sourcesUSD $ 554,265
Net assets / fund balances at end of fiscal yearUSD $ 1,968,856
Net assets / fund balances at beginning of fiscal yearUSD $ 2,366,259
Total liabilities at end of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 1,968,856
Total assets at beginning of fiscal yearUSD $ 2,366,259
Revenues less expenses for current yearUSD $ -397,403
Revenues less expenses for previous yearUSD $ 477,611
Total expenses for current yearUSD $ 951,668
Total expenses for previous yearUSD $ 1,166,884
Other expenses in current yearUSD $ 882,485
Other expenses in previous yearUSD $ 760,562
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 69,183
Benefits paid to or for members in previous yearUSD $ 406,322
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 554,265
Total revenue in previous fiscal yearUSD $ 1,644,495
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 715
2015-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 3,742,370
Program Service Revenue from current yearUSD $ 1,643,071
Investment Income from current yearUSD $ 0
Other Revenue from prior yearUSD $ 1,786
Other Revenue from current yearUSD $ 1,424
Gross receipts from all sourcesUSD $ 1,644,495
Net assets / fund balances at end of fiscal yearUSD $ 2,366,259
Net assets / fund balances at beginning of fiscal yearUSD $ 1,888,648
Total liabilities at end of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 2,366,259
Total assets at beginning of fiscal yearUSD $ 1,888,648
Revenues less expenses for current yearUSD $ 477,611
Revenues less expenses for previous yearUSD $ 1,042,741
Total expenses for current yearUSD $ 1,166,884
Total expenses for previous yearUSD $ 2,701,415
Other expenses in current yearUSD $ 760,562
Other expenses in previous yearUSD $ 889,274
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 406,322
Benefits paid to or for members in previous yearUSD $ 1,812,141
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,644,495
Total revenue in previous fiscal yearUSD $ 3,744,156
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 1,424

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 541642659

USA Mailing Address
8001 FRANKLIN FARMS DRIVE SUITE 235
RICHMOND
VA
232295187
Date first seen: 2013-08-13
Date last seen: 2013-08-13
USA Mailing Address
1503 SANTA ROSA ROAD SUITE 101
HENRICO
VA
23229
Date first seen: 2007-01-01
Date last seen: 2023-12-31

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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