Overview
What is College Insurance Company?
College Insurance Company is a nonprofit organization based in Colchester, Vermont, at 463 Mountain View Drive 301. Their primary focus is providing property and casualty, student, and employee benefits insurance coverages to administrators of faith-inspired higher education institutions. Through their partnership with Educational & Institutional Insurance Administrators, Inc. (EIIA), they offer various insurance solutions to the participating institutions. College Insurance Company aims to protect and support these educational institutions with comprehensive and tailored insurance offerings.
Is College Insurance Company legitimate?
College Insurance Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. College Insurance Company submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of College Insurance Company?
The College Insurance Company focuses on providing insurance coverage to administrators of faith-inspired higher education institutions, as well as to these institutions themselves. This encompasses property and casualty insurance, student insurance, and employee benefits insurance. The company's mission is to cater to the insurance needs of Educational & Institutional Insurance Administrators, Inc. (EIIA), and its affiliated higher education institutions.
Who is the CEO of College Insurance Company?
Stephen L Garwood is the President/Chair (From Jun '22) of College Insurance Company.
What is the revenue of College Insurance Company?
College Insurance Company's revenue in 2022 was $21,753,350.
Who are the executives of College Insurance Company and what are their salaries?
- Mr Stephen L Garwood (Treasurer)
- Ms Mary Ellen Moriarty (Vp/Assistant Secretary)
- Mr David Dietz (President/Chair (From Jun '22)) [Trustee/Director]
- Mr Gregory Logan (Assistant Secretary)
- Mr Donald J Cencula Jr (Assistant Treasurer)
- Mr Jeffery Wolf (President/Chair (To Jun '21))
- Mr Ed Precourt (Secretary) [Trustee/Director]
- Mr Jeff Arnold (Director)
- Dr Mark Benedetto (Director)
- Dr Colette Pierce Burnette (Director (To Jun '22))
- Ms Karen Davis (Director (To Sep '22))
- Dr Daniel Dibiasio (Director (To Sep '22))
- Dr Marcheta Evans (Director (To Sep '22))
- Mr John Flynn (Director)
- Ms Deborah Hall (Director)
- Ms Janet Hanson (Director)
- Dr Sandra Harper (Director)
- Ms Tijuana Hudson (Director)
- Mr Michael Maxey (Director)
- James Prince (Director)
- Rev Dr Jay Rundell (Director)
- Ms Wilda Seymour (Director)
- Mr Roderick Smothers (Director)
- Mr Jeffrey Straits (Director)
- Dr Troy Vanaken (Director)
- Ms Karen Ward (Director)
- Dr Harold Wilde (Director)
- Dr Mark Wilhelm (Director)
- Mr Michael Zuckerman (Director)
Where can I find the form 990 for College Insurance Company?
The College Insurance Company’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of College Insurance Company
College Insurance Company, a leading provider in the education sector, is dedicated to offering property and casualty, student, and employee benefits insurances to administrators of faith-inspired higher education institutions, as well as the institutions themselves, through Educational & Institutional Insurance Administrators, Inc. (EIIA). The organization's mission is to safeguard these institutions and their stakeholders from various risks by providing tailored insurance solutions that cater specifically to their unique needs. By doing so, College Insurance Company enables these faith-inspired institutions to focus on their primary goals: educating future generations.
In a world where unforeseen accidents and potential liabilities can pose significant threats to educational institutions, College Insurance Company steps in as a trusted partner. The company's property and casualty insurance protects institutions against damage to their grounds, facilities, and assets, ensuring peace of mind for administrators and faculty. Furthermore, the student insurance coverage ensures that the students under the institution's care are shielded from various health and personal risks, allowing them to focus on their academic pursuits. Lastly, the employee benefits insurance safeguards the institution's workforce, offering protection for their wages, health, and retirement, fostering a confident and dedicated work environment.
College Insurance Company's commitment to the education sector goes beyond just offering insurance coverage. By working closely with EIIA and its participating higher education institutions, the organization provides a valuable service that not only safeguards their physical and financial assets but also enables them to focus on their primary mission: providing quality education to future generations.
Impact
This information is meant to be a general summary of College Insurance Company. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
College Insurance Company has a significant impact on faith-inspired higher education institutions by providing them with essential property and casualty, student, and employee benefit coverages. Through its services, College Insurance Company helps these institutions mitigate risks and ensure the safety and security of their campuses, students, and staff members. This enables educational and institutional insurance administrators to focus on their core missions of providing quality education while knowing that their insurance needs are met. By offering tailored insurance solutions, College Insurance Company contributes to the overall stability and resilience of faith-inspired higher education institutions.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PREMIUMS EARNED
Revenue
$20,309,278
Organization Details
Founding Year
2002
Phone
(802) 864-5599
Principal Officer
Stephen L Garwood
Main Address
463 MOUNTAIN VIEW DRIVE 301, COLCHESTER, VT, 05446
NTEE Category
Code: Y200 - Mutual benefit
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