Overview
What is West Virginia Insurance Federation?
West Virginia Insurance Federation is a nonprofit organization based in Charleston, West Virginia. Its primary mission is to advocate for a thriving and competitive insurance environment within the state. This involves providing members with updates on significant insurance developments from all three branches of government. They also coordinate with their members in filing amicus curiae briefs on significant issues considered by the West Virginia Supreme Court of Appeals. The organization develops a cohesive legislative agenda and strategy for each legislative session, aiming to serve as the leading advocate for a more competitive insurance climate for companies and their insureds. Their activities are focused on promoting a vibrant insurance climate in West Virginia.
Is West Virginia Insurance Federation legitimate?
West Virginia Insurance Federation is a legitimate nonprofit organization registered as a 501(c)(6) entity. West Virginia Insurance Federation 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.
Heare are some key statistics you may want to consider:
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What is the mission statement of West Virginia Insurance Federation?
The West Virginia Insurance Federation's mission is to advocate for a thriving and competitive insurance environment. They aim to act as the leading advocate for an improved and more competitive insurance climate, not only for insurance companies but also for their policyholders. The organization provides its members with regular updates on significant insurance developments from all three branches of government. They coordinate members' participation in filing amicus curiae briefs on significant issues considered by the West Virginia Supreme Court of Appeals. Moreover, they meet annually with the congressional delegation on federal issues. The Federation develops a cohesive legislative agenda and strategy for each legislative session.
Who is the CEO of West Virginia Insurance Federation?
Jill C Rice is the Board Member of West Virginia Insurance Federation.
What is the revenue of West Virginia Insurance Federation?
West Virginia Insurance Federation's revenue in 2022 was $184,561.
Who are the executives of West Virginia Insurance Federation and what are their salaries?
There 10 volunteers at West Virginia Insurance Federation.
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Where can I find the form 990 for West Virginia Insurance Federation?
West Virginia Insurance Federation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of West Virginia Insurance Federation
The West Virginia Insurance Federation, as a leading advocate, strives to foster a thriving and competitive insurance environment within the state of West Virginia. Its primary objective is to champion improved and more competitive insurance conditions for both insurance companies and their policyholders. To achieve this mission, the Federation provides its members with timely updates on significant insurance developments across all three branches of government. It also coordinates members' involvement in filing amicus curiae briefs on significant issues under consideration by the West Virginia Supreme Court of Appeals. Furthermore, the Federation meets annually with the congressional delegation to discuss federal issues, thereby developing a cohesive legislative agenda and strategy for each legislative session.
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Impact
October, 2024
The West Virginia Insurance Federation plays a crucial role in fostering a vibrant and competitive insurance landscape within the state. Through its advocacy efforts, it works to ensure that insurance companies and their policyholders benefit from a fair and dynamic marketplace. By providing members with timely updates on significant insurance developments from all levels of government, the Federation keeps stakeholders informed and engaged.
Additionally, the Federation coordinates members' involvement in important legal matters, such as the filing of amicus curiae briefs on pertinent issues before the West Virginia Supreme Court of Appeals. This engagement not only influences legal outcomes but also helps shape a more favorable regulatory environment.
The organization also prioritizes direct interaction with federal representatives, meeting annually with the Congressional delegation to discuss issues impacting the insurance sector. This advocacy ensures that the interests of West Virginia's insurance community are represented at the national level.
By developing a cohesive legislative agenda and strategy for each session, the West Virginia Insurance Federation actively contributes to the improvement of the state's insurance climate. Through these efforts, it enhances the overall competitiveness of the insurance industry, benefiting both companies and consumers alike.
This information is meant to be a general summary of West Virginia Insurance Federation. Please take the time to review official sources before making any decisions based upon the content provided here.
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.
- Investment Income: $22
- Program Service Revenue: $4,650
- Gross Receipts: $184,561
Assets and Liabilities:
- Total Assets: $146,723
- Total Liabilities: $0
- Net Assets: $146,723
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEGISLATIVE EDUCATION
Revenue
$4,650
Organization Details
Founding Year
1979
Phone
(304) 357-9929Principal Officer
Jill C Rice
Main Address
PO BOX 11887, CHARLESTON, WV, 25301
NTEE Category
Code: S41 - Community improvement
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