Nonprofit · EIN 02-0630294
COLLEGE INSURANCE COMPANY
Tax-exempt · COLCHESTER, VT 05446
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $36,291,433 | $34,894,035 | $1,397,398 | $88,107,064 | $50,599,056 | $37,508,008 |
| December 31, 2023 | 990 | $22,234,767 | $22,700,969 | -$466,202 | $82,007,675 | $46,467,166 | $35,540,509 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $32,748,063
- Investment income
- $3,543,370
- Net gain from sales of assets
- $696,369
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $29,815,491
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $83
- Accounting fees
- $55,883
- Travel
- $7,776
- Program services (functional)
- $32,293,768
- Management and general (functional)
- $2,600,267
Balance sheet and other
- Total assets, start of year
- $82,007,675
- Total assets, end of year
- $88,107,064
- Total liabilities, end of year
- $50,599,056
- Net assets, end of year
- $37,508,008
- Publicly traded securities
- $77,508,481
- Gross unrelated business income
- $2,699,538
- Gross receipts
- $49,027,765
- Employees
- 0
- Volunteers
- 23
- 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 |
|---|---|---|---|---|---|
| MR DAVID DIETZ | PRESIDENT/CHAIR Trustee or director, Officer | 2 | $0 | $641,339 | $147,167 |
| MR STEPHEN L GARWOOD | TREASURER/SECRETARY Officer | 2 | $0 | $391,324 | $95,522 |
| MS MARY ELLEN MORIARTY | VP/ASSISTANT SECRETARY Officer | 2 | $0 | $400,218 | $77,460 |
| MR GREGORY LOGAN | ASSISTANT SECRETARY Officer | 2 | $0 | $272,847 | $78,248 |
| MR DONALD J CENCULA JR | ASSISTANT TREASURER Officer | 2 | $0 | $203,522 | $79,089 |
| MR KIRK ANDERSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| MR JEFF ARNOLD | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| DR MARK BENEDETTO | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| MS BELINDA BURKE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| DR JOHN COMERFORD | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| MR JOHN FLYNN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| MS ROCHELLE FORD | DIRECTOR (TO JUL '24) Trustee or director | 0.5 | $0 | $0 | $0 |
| DR WESLEY FUGATE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| MS MEREDITH GREEN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| MS DEBORAH HALL | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
13 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR SANDRA HARPER | DIRECTOR Trustee or director | 0.5 | $0 |
| MS STEPHANIE HERSETH SANDLIN | DIRECTOR Trustee or director | 0.5 | $0 |
| MR GERALD LADNER | DIRECTOR Trustee or director | 0.5 | $0 |
| MR MICHAEL MAXEY | DIRECTOR Trustee or director | 0.5 | $0 |
| MR DAVE PROVOST | DIRECTOR Trustee or director | 0.5 | $0 |
| MS WILDA SEYMOUR | DIRECTOR (TO MAR '24) Trustee or director | 0.5 | $0 |
| MR JEFFREY STRAITS | DIRECTOR Trustee or director | 0.5 | $0 |
| DR TROY VANAKEN | DIRECTOR Trustee or director | 0.5 | $0 |
| MS KAREN WARD | DIRECTOR Trustee or director | 0.5 | $0 |
| REV LAMONT WELLS | DIRECTOR Trustee or director | 0.5 | $0 |
| DR HAROLD WILDE | DIRECTOR Trustee or director | 0.5 | $0 |
| MR CHRIS WOOD | DIRECTOR Trustee or director | 0.5 | $0 |
| MR MICHAEL ZUCKERMAN | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 30 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MR DAVID DIETZ | PRESIDENT/CHAIR Trustee or director, Officer | 2 | $0 | $543,168 | $93,624 |
| MR STEPHEN L GARWOOD | TREASURER Officer | 2 | $0 | $368,126 | $101,634 |
| MS MARY ELLEN MORIARTY | VP/ASSISTANT SECRETARY Officer | 2 | $0 | $348,209 | $68,669 |
| MR GREGORY LOGAN | ASSISTANT SECRETARY Officer | 2 | $0 | $255,783 | $85,507 |
| MR DONALD J CENCULA JR | ASSISTANT TREASURER Officer | 2 | $0 | $186,853 | $74,420 |
| MR ED PRECOURT | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| MR JEFF ARNOLD | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| DR MARK BENEDETTO | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| DR JOHN COMERFORD | DIRECTOR (FROM MAR '23) Trustee or director | 0.5 | $0 | $0 | $0 |
| MR JOHN FLYNN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| DR WESLEY FUGATE | DIRECTOR (FROM MAR '23) Trustee or director | 0.5 | $0 | $0 | $0 |
| MS MEREDITH GREEN | DIRECTOR (FROM MAR '23) Trustee or director | 0.5 | $0 | $0 | $0 |
| MS DEBORAH HALL | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| MS JANET HANSON | DIRECTOR (TO MAY '23) Trustee or director | 0.5 | $0 | $0 | $0 |
| DR SANDRA HARPER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| MS TIJUANA HUDSON | DIRECTOR (TO DEC '23) Trustee or director | 0.5 | $0 | $0 | $0 |
| MR MICHAEL MAXEY | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| MR JAMES PRINCE | DIRECTOR (TO FEB '23) Trustee or director | 0.5 | $0 | $0 | $0 |
| MR DAVE PROVOST | DIRECTOR (FROM MAR '23) Trustee or director | 0.5 | $0 | $0 | $0 |
| REV DR JAY RUNDELL | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| MS WILDA SEYMOUR | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| MR RODERICK SMOTHERS | DIRECTOR (TO MAY '23) Trustee or director | 0.5 | $0 | $0 | $0 |
| MR JEFFREY STRAITS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| DR IVY TAYLOR | DIRECTOR (TO MAY '23) Trustee or director | 0.5 | $0 | $0 | $0 |
| DR TROY VANAKEN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| MS KAREN WARD | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| REV LAMONT WELLS | DIRECTOR (FROM MAR '23) Trustee or director | 0.5 | $0 | $0 | $0 |
| DR HAROLD WILDE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| DR MARK WILHELM | DIRECTOR (TO JAN '23) Trustee or director | 0.5 | $0 | $0 | $0 |
| MR MICHAEL ZUCKERMAN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 463 MOUNTAIN VIEW DR STE 301, COLCHESTER, VT 05446-5952
- Principal officer (990 for 2024)
- STEPHEN L GARWOOD, 200 S WACKER DR STE 1325, CHICAGO, IL 606063800
- Signed the 990
- STEPHEN L GARWOOD, TREASURER
- Phone
- (802) 864-5599
- Return prepared by
- JOHNSON LAMBERT LLP
Mission
COLLEGE PROVIDES VARIOUS INSURANCE COVERAGES TO EDUCATIONAL & INSTITUTIONAL INSURANCE ADMINISTRATORS, INC. (EIIA), AND ITS PARTICIPATING HIGHER EDUCATION INSTITUTIONS, THAT ARE FAITH INSPIRED.
Program accomplishments
- PROPERTY & CASUALTY INSURANCE, STUDENT INSURANCE AND EMPLOYEE BENEFITS INSURANCE.Expenses $32,293,768 · revenue $30,048,525
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
- 02-0630294
- 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
- 2006
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y200)
- Assets (IRS master file)
- $88,107,064
- Income (IRS master file)
- $49,027,765
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $36,291,433 | $34,894,035 | $88,107,064 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $22,234,767 | $22,700,969 | $82,007,675 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $21,753,350 | $23,562,094 | $78,084,443 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 02-0630294).
Questions about COLLEGE INSURANCE COMPANY
- What is the EIN of COLLEGE INSURANCE COMPANY?
- The employer identification number (EIN) of COLLEGE INSURANCE COMPANY is 02-0630294.
- Is COLLEGE INSURANCE COMPANY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to COLLEGE INSURANCE COMPANY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does COLLEGE INSURANCE COMPANY 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 COLLEGE INSURANCE COMPANY 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 COLLEGE INSURANCE COMPANY 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 COLLEGE INSURANCE COMPANY?
- The 990 for the year ended December 31, 2024 names STEPHEN L GARWOOD.
- Who are the officers and directors of COLLEGE INSURANCE COMPANY?
- The 990 for the year ended December 31, 2024 lists 28 people; 0 received compensation from the organization.
- How much revenue does COLLEGE INSURANCE COMPANY have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $36,291,433, expenses of $34,894,035 and total assets of $88,107,064 at year end.
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