Virginia Association Of Mutual Insurance Companies
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 59,244 | 48,455 | 10,789 | 32.2 | — |
| 2013 | 38,903 | 33,642 | 5,261 | 48.3 | — |
| 2014 | 56,789 | 61,381 | −4,592 | 25.6 | — |
| 2015 | 40,995 | 40,800 | 195 | 38.5 | — |
| 2016 | 82,130 | 79,286 | 2,844 | 20.2 | — |
| 2017 | 48,518 | 48,499 | 19 | 33.1 | — |
| 2018 | 80,315 | 67,205 | 13,110 | 26.2 | — |
| 2019 | 49,600 | 41,041 | 8,559 | 45.4 | — |
| 2020 | 76,775 | 67,360 | 9,415 | 29.4 | — |
| 2021 | 30,262 | 17,054 | 13,208 | 125.3 | — |
| 2022 | 42,518 | 30,359 | 12,159 | 75.2 | — |
| 2023 | 51,895 | 30,937 | 20,958 | 81.9 | — |
| 2024 | 139,055 | 103,788 | 35,267 | 28.5 | — |
In its most recent public year (2024), this organization brought in $35,267 more than it spent. Its reserves stood at about 28.5 months of spending, down from 32.2 in 2012.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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