Vmc Indemnity Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 0 | 0 | 0 | — | — |
| 2019 | 0 | 0 | 0 | — | — |
| 2020 | 12,381,006 | 7,969,931 | 4,411,075 | 77.3 | 0% |
| 2021 | 14,545,433 | 7,253,762 | 7,291,671 | 96.0 | 0% |
| 2022 | 10,264,099 | 7,145,003 | 3,119,096 | 72.7 | 0% |
| 2023 | 19,684,453 | 10,819,686 | 8,864,767 | 58.1 | 0% |
In its most recent public year (2023), this organization brought in $8,864,767 more than it spent. Its reserves stood at about 58.1 months of spending. Staff pay was 0% of spending.
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 2023. 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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