Nonprofit · EIN 01-0719207
FIRST MEDICAL INSURANCE COMPANT A RISK RETENTION GROUP
Tax-exempt · COLCHESTER, VT 05446
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $26,542,371 | $21,158,206 | $5,384,165 | $110,531,038 | $74,497,356 | $36,033,682 |
| December 31, 2023 | 990 | $21,164,705 | $12,649,099 | $8,515,606 | $106,140,016 | $69,577,733 | $36,562,283 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $15,902,254
- Investment income
- $10,640,117
- Net gain from sales of assets
- $7,380,251
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $6,957
- Accounting fees
- $49,197
- Program services (functional)
- $20,674,573
- Management and general (functional)
- $483,633
Balance sheet and other
- Total assets, start of year
- $106,140,016
- Total assets, end of year
- $110,531,038
- Total liabilities, end of year
- $74,497,356
- Net assets, end of year
- $36,033,682
- Publicly traded securities
- $50,562,620
- Gross receipts
- $84,868,875
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2002
- State of legal domicile
- VT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| THOMAS HAYDEN | SECRETARY Trustee or director, Officer | 1 | $0 | $465,688 | $47,758 |
| MARLENA FERGUSON | PRESIDENT,& TREASURER Trustee or director, Officer | 1 | $0 | $414,670 | $50,810 |
| JAMES AVINGTON | SECRETARY Trustee or director, Officer | 1 | $0 | $327,432 | $59,335 |
| MICHAEL CORBO | FORMER PRESIDENT & TREASURER Former | 0 | $0 | $132,698 | $2,783 |
| AARON CIULLO | ASSISTANT TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHAEL CORBO | DIRECTOR,PRESIDENT,& TREASURER Trustee or director, Officer | 1 | $0 | $466,002 | $42,964 |
| THOMAS HAYDEN | DIRECTOR & SECRTRY AS OF 1/23 Trustee or director, Officer | 1 | $0 | $448,883 | $50,622 |
| JAMES AVINGTON | DIRECTOR & ASSISTANT TREASURER Trustee or director, Officer | 1 | $0 | $326,658 | $57,572 |
| EDWARD F PRECOURT | DIRECTOR & ASSISTANT TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 463 MOUNTAIN VIEW DR STE 301, COLCHESTER, VT 05446-5952
- In care of
- % MARSH MANAGEMENT SERVICES I
- Principal officer (990 for 2024)
- MARLENA FERGUSON, 3401 CIVIC CTR BLVD, PHILADELPHIA, PA 19104
- Signed the 990
- MARLENA FERGUSON, DIR., PRES. & TREAS.
- Phone
- (802) 864-5599
- Return prepared by
- PWC US TAX LLP
Mission
THE ORGANIZATION PROVIDES INSURANCE FOR THE CHILDREN'S HOSPITAL OF PHILADELPHIA AND CERTAIN AFFILIATED TAX-EXEMPT ORGANIZATIONS.
Program accomplishments
- INSURANCE FOR CHILDREN'S HOSPITAL OF PHILADELPHIA AND ITS TAX-EXEMPT ENTITIES.Expenses $20,674,573 · revenue $15,902,254
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 01-0719207
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2004
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y200)
- Assets (IRS master file)
- $110,531,038
- Income (IRS master file)
- $84,868,875
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $26,542,371 | $21,158,206 | $110,531,038 | XML |
| 990 | December 2023 | $21,164,705 | $12,649,099 | $106,140,016 | XML |
| 990 | December 2022 | $18,702,381 | $14,078,595 | $92,427,299 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 01-0719207).
Questions about FIRST MEDICAL INSURANCE COMPANT A RISK RETENTION GROUP
- What is the EIN of FIRST MEDICAL INSURANCE COMPANT A RISK RETENTION GROUP?
- The employer identification number (EIN) of FIRST MEDICAL INSURANCE COMPANT A RISK RETENTION GROUP is 01-0719207.
- Is FIRST MEDICAL INSURANCE COMPANT A RISK RETENTION GROUP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to FIRST MEDICAL INSURANCE COMPANT A RISK RETENTION GROUP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does FIRST MEDICAL INSURANCE COMPANT A RISK RETENTION GROUP file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FIRST MEDICAL INSURANCE COMPANT A RISK RETENTION GROUP due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FIRST MEDICAL INSURANCE COMPANT A RISK RETENTION GROUP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of FIRST MEDICAL INSURANCE COMPANT A RISK RETENTION GROUP?
- The 990 for the year ended December 31, 2024 names MARLENA FERGUSON.
- Who are the officers and directors of FIRST MEDICAL INSURANCE COMPANT A RISK RETENTION GROUP?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does FIRST MEDICAL INSURANCE COMPANT A RISK RETENTION GROUP have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $26,542,371, expenses of $21,158,206 and total assets of $110,531,038 at year end.
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