VERMONT CAPTIVE INSURANCE ASSOCIATION
180 BATTERY STREET NO 200, BURLINGTON, VT 054015212 www.vcia.com

Total Revenue
$1,593,036
Total Expenses
$1,568,769
Net Assets
$926,404

Organizations Filed Purposes: VCIA PROVIDES MEMBERS WITH LEGISLATIVE LEADERSHIP, EDUCATION, OPPORTUNITIES FOR INFORMATION-SHARING AND A NETWORK OF MUTUAL SUPPORT WITH OTHERS WHO SHARE OBJECTIVES IN ORDER TO ENSURE AN ENVIRONMENT FAVORABLE TO THE CONTINUED GROWTH AND HEALTH OF THE CAPTIVE INDUSTRY AND THE VERMONT CAPTIVE COMMUNITY.THIS WILL BE ACCOMPLISHED THROUGH AN ECONOMICALLY SOUND ASSOCIATION THAT IS ACTIVELY GOVERNED AND SUPPORTED BY A PARTICIPATIVE MEMBERSHIP.

THE VERMONT CAPTIVE INSURANCE ASSOCIATION (VCIA) EXISTS TO PROMOTE THE VERMONT CAPTIVE INSURANCE INDUSTRY. VCIA HELD THEIR 31ST ANNUAL CONFERENCE IN AUUGUST DRAWING OVER 1,100 PARTICIPANTS FROM ALL OVER THE WORLD. REGIONAL MEETINGS AND SEMINARS ARE ALSO HELD IN U.S CITIES TO EDUCATE PEOPLE ABOUT VERMONT'S CAPTIVE INSURANCE INDUSTRY.

VCIA HELD ITS 35TH ANNUAL CONFERENCE FEATURING 28 SEMINARS AND FORUMS WHERE MEMBERS AND NON-MEMBERS NETWORK AND HAVE THE ABILITY TO EARN CPE/CLE CREDITS.

VCIA HELD FIVE EDUCATIONAL WEBINARS, TWO REGIONAL SEMINARS, AND ONE STATE OF THE UNION ON CAPTIVES THROUGHOUT THE YEAR. MEMBERS AND NON-MEMBERS WERE ABLE TO EARN CPE/CLE CREDITS FOR THE EDUCATIONAL SEMINARS. THE REGINAL SEMINARS SERVE TO EDUCATE PEOPLE ABOUT VERMONT'S CAPTIVE INSURANCE INDUSTRY. LOCAL COLLEGE/UNIVERSITY ACCOUNTING STAFF ARE INVITED TO ATTEND THESE EVENTS FREE OF CHARGE.

VCIA CONDUCTS LEGISLATIVE AND LOBBYING ACTIVITIES THROUGHOUT THE YEAR ON A STATE LEVEL. IN JANUARY, VCIA HELD THEIR ANNUAL LEGISLATIVE DAY IN MONTPELIER. VCIA MEMBERS VISITED THE VERMONT STATE HOUSE TO CONTINUE THE SUCESSFUL WORKING RELATIONSHIP BETWEEN VCIA AND THE STATE'S ELECTED AND APPOINTED LEADERS. VCIA ALSO HIRES AN ATTORNEY IN WASHINGTON DC TO ATTEND NAIC MEETINGS ON BEHALF OF VCIA.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Richard SmithPRESIDENT40$178,133
Janice ValgoiDIRECTOR OF MEMBERSHIP40$111,596
Diane LeachDIRECTOR OF EDUCATION & PR40$104,849
Margaret CompanionDIRECTOR OF FINANCIAL SERVICES40$101,099
Derick WhiteDIRECTOR2$0
Anne Marie TowleDIRECTOR2$0
Wilda SeymourDIRECTOR2$0
Jason PalmerDIRECTOR (FROM AUG '19)2$0
Heather McclureDIRECTOR (TO OCT '19)2$0
A Tracy HassettDIRECTOR (FROM AUG '19)2$0
Robert GagliardiDIRECTOR (TO OCT '19)2$0
Lawrence CookDIRECTOR2$0
Andrew BaillieDIRECTOR2$0
Donna BlairSECRETARY2$0
Dennis SilviaTREASURER2$0
Stepanie MapesVICE CHAIR2$0
Janice KlodowskiCHAIR2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202003149349302120_public.xml