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Employer Identification Number 85-1454978

ALBEDO INSURANCE COMPANY IC is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:ALBEDO INSURANCE COMPANY IC
Employer identification number (EIN):85-1454978
EIN Issuing AuthorityPhiladelphia, PA
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 StatementSEE SCHEDULE O
Number of Employees0
Number of Volunteers0
Year Formed2020

Organization Governance

Legal DomicileVT
Voting Members - Governing Body6
Voting Members - Independent0

Organization Financials

2025-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 50,865,203
Program Service Revenue from current yearUSD $ 62,505,000
Investment Income from prior yearUSD $ 4,710,556
Investment Income from current yearUSD $ 10,233,443
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 72,738,443
Net assets / fund balances at end of fiscal yearUSD $ 90,952,123
Net assets / fund balances at beginning of fiscal yearUSD $ 47,038,911
Total liabilities at end of fiscal yearUSD $ 129,952,662
Total liabilities at beginning of fiscal yearUSD $ 104,992,887
Total assets at end of fiscal yearUSD $ 220,904,785
Total assets at beginning of fiscal yearUSD $ 152,031,798
Revenues less expenses for current yearUSD $ 35,135,145
Revenues less expenses for previous yearUSD $ 12,571,275
Total expenses for current yearUSD $ 37,603,298
Total expenses for previous yearUSD $ 43,004,484
Other expenses in current yearUSD $ 37,603,298
Other expenses in previous yearUSD $ 43,004,484
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 72,738,443
Total revenue in previous fiscal yearUSD $ 55,575,759
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 0
2023-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 47,919,556
Program Service Revenue from current yearUSD $ 40,672,000
Investment Income from prior yearUSD $ 100,625
Investment Income from current yearUSD $ 2,193,562
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 42,865,562
Net assets / fund balances at end of fiscal yearUSD $ 31,979,805
Net assets / fund balances at beginning of fiscal yearUSD $ 21,757,497
Total liabilities at end of fiscal yearUSD $ 67,328,858
Total liabilities at beginning of fiscal yearUSD $ 40,027,609
Total assets at end of fiscal yearUSD $ 99,308,663
Total assets at beginning of fiscal yearUSD $ 61,785,106
Revenues less expenses for current yearUSD $ 9,796,903
Revenues less expenses for previous yearUSD $ 14,028,655
Total expenses for current yearUSD $ 33,068,659
Total expenses for previous yearUSD $ 33,991,526
Other expenses in current yearUSD $ 33,068,659
Other expenses in previous yearUSD $ 33,991,526
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 42,865,562
Total revenue in previous fiscal yearUSD $ 48,020,181
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 0
2022-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 14,670,000
Program Service Revenue from current yearUSD $ 47,919,556
Investment Income from prior yearUSD $ 4
Investment Income from current yearUSD $ 100,625
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 48,020,181
Net assets / fund balances at end of fiscal yearUSD $ 21,757,497
Net assets / fund balances at beginning of fiscal yearUSD $ 11,222,068
Total liabilities at end of fiscal yearUSD $ 40,027,609
Total liabilities at beginning of fiscal yearUSD $ 7,441,178
Total assets at end of fiscal yearUSD $ 61,785,106
Total assets at beginning of fiscal yearUSD $ 18,663,246
Revenues less expenses for current yearUSD $ 14,028,655
Revenues less expenses for previous yearUSD $ 6,722,068
Total expenses for current yearUSD $ 33,991,526
Total expenses for previous yearUSD $ 7,947,936
Other expenses in current yearUSD $ 33,991,526
Other expenses in previous yearUSD $ 7,947,936
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 48,020,181
Total revenue in previous fiscal yearUSD $ 14,670,004
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 0
2021-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 14,670,000
Investment Income from prior yearUSD $ 0
Investment Income from current yearUSD $ 4
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 14,670,004
Net assets / fund balances at end of fiscal yearUSD $ 11,222,068
Net assets / fund balances at beginning of fiscal yearUSD $ 0
Total liabilities at end of fiscal yearUSD $ 7,441,178
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 18,663,246
Total assets at beginning of fiscal yearUSD $ 0
Revenues less expenses for current yearUSD $ 6,722,068
Revenues less expenses for previous yearUSD $ 0
Total expenses for current yearUSD $ 7,947,936
Total expenses for previous yearUSD $ 0
Other expenses in current yearUSD $ 7,947,936
Other expenses in previous yearUSD $ 0
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 14,670,004
Total revenue in previous fiscal yearUSD $ 0
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 0
2020-06-30
Gross receipts from all sourcesUSD $ 0
Net assets / fund balances at end of fiscal yearUSD $ 0
Net assets / fund balances at beginning of fiscal yearUSD $ 0
Cost sales expenses from gross sales of non-inventory assetsUSD $ 0
Direct expenses fromspecial eventsUSD $ 0
Cost of goods soldUSD $ 0
Total revenueUSD $ 0
Employees salaries and other compensation and benefitsUSD $ 0
Total of all expensesUSD $ 0
Net assets or fund balances at end of yearUSD $ 0
Revenue from membership duesUSD $ 0
Gross income from gamingUSD $ 0
Net difference of special event income minus expensesUSD $ 0
Gross sales of inventory assetsUSD $ 0
Gross profit/loss Sales of inventoryUSD $ 0

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 851454978

USA Mailing Address
UNIVERSITY GARDENS UGB205
LOS ANGELES
CA
900898003
Date first seen: 2021-05-17
Date last seen: 2024-05-15
USA Mailing Address
100 BANK ST SUITE 630
BURLINGTON
VT
05401
Date first seen: 2026-05-15
Date last seen: 2026-05-15

Nearby companies/organizations

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

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