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Usvi Association Of Admitted Property & Casualty Insurers Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 800341954 ✦ St thomas, VI ✦ Designated as a 501(c)(6)

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Overview

What is Usvi Association Of Admitted Property & Casualty Insurers Inc?

Usvi Association of Admitted Property & Casualty Insurers Inc is a nonprofit organization dedicated to safeguarding and boosting the interests of the insurance sector in the U.S. Virgin Islands. Their primary aim is to advocate for a competitive and robust business environment within the industry. This is achieved by engaging with the USVI legislators to promote fair competition and foster growth within the insurance sector. The Association's purpose is to serve as a platform for insurance companies, encouraging collaboration and mutual support to thrive in the industry.

Is Usvi Association Of Admitted Property & Casualty Insurers Inc legitimate?

Usvi Association Of Admitted Property & Casualty Insurers Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Usvi Association Of Admitted Property & Casualty Insurers Inc submitted a form 990EZ, 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.

What is the mission statement of Usvi Association Of Admitted Property & Casualty Insurers Inc?

The Usvi Association of Admitted Property & Casualty Insurers Inc is committed to safeguarding and enhancing the interests of the insurance sector. They strive to encourage and sustain fair competition within the industry, fostering a robust business environment. To achieve this, they engage in dialogues with the legislators of the USVI, advocating for the promotion of the insurance industry. The association's primary goal is to foster a conducive environment for the insurance industry, ensuring fair competition and growth.

Who is the CEO of Usvi Association Of Admitted Property & Casualty Insurers Inc?

Theresa Fabela is the President of Usvi Association Of Admitted Property & Casualty Insurers Inc.

What is the revenue of Usvi Association Of Admitted Property & Casualty Insurers Inc?

Usvi Association Of Admitted Property & Casualty Insurers Inc's revenue in 2022 was $0.

Who are the executives of Usvi Association Of Admitted Property & Casualty Insurers Inc and what are their salaries?


Here are 3 key members and their salaries:


Theresa Fabela (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Gunset (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond L Fournier (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Usvi Association Of Admitted Property & Casualty Insurers Inc?

Usvi Association Of Admitted Property & Casualty Insurers Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Usvi Association Of Admitted Property & Casualty Insurers Inc

The Usvi Association of Admitted Property & Casualty Insurers Inc is an organization dedicated to safeguarding, promoting, and enhancing the interests of the insurance industry. Its primary goal is to stimulate fair competition and establish a robust business environment within the industry. To achieve this, the association interacts with the legislators of the USVI, aiming to foster a conducive environment for the insurance sector. In essence, the Usvi Association of Admitted Property & Casualty Insurers Inc works tirelessly to promote the insurance industry and establish a level playing field for competing entities.

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Impact




October, 2024

The Usvi Association Of Admitted Property & Casualty Insurers Inc significantly influences the insurance landscape in the U.S. Virgin Islands by advocating for the interests of the insurance industry. Its efforts to promote a competitive and robust business environment benefit insurers and consumers alike. By fostering fair competition within the insurance market, the association enhances service delivery and pricing for policyholders.

Additionally, the organization engages with local legislators to shape policies that support a sustainable insurance framework. This advocacy not only helps stabilize the industry but also contributes to the overall economic development of the region. Promoting the interests of its members, the association ensures that the insurance sector remains viable and responsive to the needs of the community, ultimately fostering a safer and more secure environment for residents and businesses in the U.S. Virgin Islands.




This information is meant to be a general summary of Usvi Association Of Admitted Property & Casualty Insurers Inc. 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.

Revenue
$0 (2022)
Expenses
$475 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

    Assets and Liabilities:

    • Total Assets: $6,846
    • Total Liabilities: $0
    • Net Assets: $6,846

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    Organization Details

    Principal Officer

    Theresa Fabela

    Main Address

    6-7 Dronningens Gade 202, St Thomas, VI, 00804

    NTEE Category

    Code: S41 - Community improvement

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