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Nonprofit · EIN 54-6039747

PROFESSIONAL INSURANCE AGENTS ASSOCIATION OF VIRGINIA & DC

Tax-exempt · GLEN ALLEN, VA 23059

Financials

$1.2M$1M2023$1.1M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of PROFESSIONAL INSURANCE AGENTS ASSOCIATION OF VIRGINIA & DC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,116,785$1,168,900-$52,115$117,677$51,543$66,134
December 31, 2023990$1,181,726$1,036,518$145,208$235,459$117,209$118,250
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$176,073
Membership dues
$160,274
Program service revenue
$939,774
Investment income
$438
Other revenue
$500

Expenses

Grants and similar amounts paid
$12,590
Compensation of officers, directors and key employees
$111,630
Other salaries and wages
$321,440
Salaries, compensation and benefits (total)
$522,037
Professional fundraising fees
$0
Legal fees
$707
Occupancy
$48,477
Travel
$4,189
Depreciation
$814

Balance sheet and other

Total assets, start of year
$235,458
Total assets, end of year
$117,677
Total liabilities, end of year
$51,543
Net assets, end of year
$66,134
Land, buildings and equipment
$3,014
Net assets without donor restrictions
$66,134
Gross unrelated business income
$7,050
Gross receipts
$1,116,785
Employees
6
Volunteers
0
Year formed
1936
State of legal domicile
VA

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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
SHERYL CHASSEASSOCIATION EXECUTIVE
Officer
40$0$96,275$15,355
RICHARD L MOOREIMMEDIATE PAST PRESIDENT
Trustee or director, Officer
1$0$0$0
WILLIAM PENDLETONPRESIDENT
Trustee or director, Officer
1$0$0$0
S COLE TUCKER JRNATIONAL DIRECTOR
Trustee or director
1$0$0$0
HEATHER ETHERIDGESECRETARY/TREASURER
Trustee or director, Officer
1$0$0$0
IRABOR IMOBISAMEMBER
Trustee or director
1$0$0$0
SCOTTIE WYATTDIRECTOR
Trustee or director
1$0$0$0
SHANNON S SPRINGERFIRST VICE PRESIDENT
Trustee or director, Officer
1$0$0$0
MARY MCARDLE-KOWARDIRECTOR
Trustee or director
1$0$0$0
JAMES PARRDIRECTOR
Trustee or director
1$0$0$0
JEFFREY BROWNDIRECTOR
Trustee or director
1$0$0$0
ALLEN HUDSONDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
SHERYL CHASSEASSOCIATION EXECUTIVE
Officer
40$82,584$5,453
KEVIN KOWARFORMER ASSOCIATION EXEC.
Officer
40$75,470$4,661
CARLA JEAN MARKSIMMEDIATE PAST PRESIDENT
Trustee or director, Officer
1$0$0
JOSHUA T SOJDAPRESIDENT
Trustee or director, Officer
1$0$0
S COLE TUCKER JRNATIONAL DIRECTOR
Trustee or director
1$0$0
RICHARD L MOORESECRETARY/TREASURER
Trustee or director, Officer
1$0$0
DAVID L COMEYMEMBER
Trustee or director
1$0$0
JOEL K FRAZIERMEMBER
Trustee or director
1$0$0
JOHN POTTHASTFIRST VICE PRESIDENT
Trustee or director, Officer
1$0$0
SHANNON S SPRINGERMEMBER
Trustee or director
1$0$0
LINDA WALKERSECOND VICE PRESIDENT
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
1059 TECHNOLOGY PARK DR, GLEN ALLEN, VA 23059-4500
Principal officer (990 for 2024)
SHERYL CHASSE, 1059 TECHNOLOGY PARK DRIVE, GLEN ALLEN, VA 23059
Signed the 990
SHERYL CHASSE, ASSOCIATION EXECUTIVE
Phone
(804) 264-2582
Return prepared by
JONES & MCINTYRE PLLC

Mission

PIAA WAS ORGANIZED TO PROVIDE EDUCATION FOR ITS MEMBERS, PROTECT MEMBER'S OWNERSHIP RIGHTS OF BUSINESS THEY PRODUCE, PROMOTE HIGH IDEALS IN THE INSURANCE INDUSTRY, AND DISSEMINATE INFORMATION TO THE PUBLIC.

990 for the year ended December 31, 2024

Program accomplishments

  • EDUCATIONAL COURSES - EDUCATIONAL PROGRAMS & SEMINARS ARE HELD THROUGHOUT VIRGINIA & DC TO EDUCATE INSURANCE PROFESSIONALS AND TO STIMULATE INTEREST IN INSURANCE ISSUES.
    Expenses $340,791 · revenue $502,122
  • CONVENTIONS - CONVENTIONS ARE HELD TO EDUCATE INSURANCE PROFESSIONALS AS WELL AS MAINTAIN THEIR HIGH STANDARDS IN DEALING WITH CLIENTS.
    Expenses $55,410 · revenue $122,620
  • ADMINISTRATIVE FEES AND OTHER PROGRAMS.
    Expenses $772,699 · revenue $307,982

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
54-6039747
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1964
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$117,677
Income (IRS master file)
$1,116,785

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,116,785$1,168,900$117,677IRS
990December 2023$1,181,726$1,036,518$235,459XML
990December 2022$1,054,211$978,891$152,424IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 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 54-6039747).

Questions about PROFESSIONAL INSURANCE AGENTS ASSOCIATION OF VIRGINIA & DC

What is the EIN of PROFESSIONAL INSURANCE AGENTS ASSOCIATION OF VIRGINIA & DC?
The employer identification number (EIN) of PROFESSIONAL INSURANCE AGENTS ASSOCIATION OF VIRGINIA & DC is 54-6039747.
Is PROFESSIONAL INSURANCE AGENTS ASSOCIATION OF VIRGINIA & DC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1964.
Are donations to PROFESSIONAL INSURANCE AGENTS ASSOCIATION OF VIRGINIA & DC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PROFESSIONAL INSURANCE AGENTS ASSOCIATION OF VIRGINIA & DC 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 PROFESSIONAL INSURANCE AGENTS ASSOCIATION OF VIRGINIA & DC 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 PROFESSIONAL INSURANCE AGENTS ASSOCIATION OF VIRGINIA & DC 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 PROFESSIONAL INSURANCE AGENTS ASSOCIATION OF VIRGINIA & DC?
The 990 for the year ended December 31, 2024 names SHERYL CHASSE.
Who are the officers and directors of PROFESSIONAL INSURANCE AGENTS ASSOCIATION OF VIRGINIA & DC?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does PROFESSIONAL INSURANCE AGENTS ASSOCIATION OF VIRGINIA & DC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,116,785, expenses of $1,168,900 and total assets of $117,677 at year end.

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