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Nonprofit · EIN 20-8067039

RVC INSURANCE COMPANY INC

Tax-exempt · ROCKVILLE CTR, NY 11570

Financials

$30.8M$51.9M2023$38.6M$41.3M2024
Revenue Expenses · by fiscal year end
Financials of RVC INSURANCE COMPANY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$38,643,811$41,272,308-$2,628,497$422,009,545$320,671,798$101,337,747
December 31, 2023990$30,754,952$51,948,828-$21,193,876$367,983,508$272,189,554$95,793,954
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$28,322,460
Investment income
$10,321,351
Net gain from sales of assets
$5,236,209
Other revenue
$0

Expenses

Grants and similar amounts paid
$20,000,000
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$77,000
Program services (functional)
$41,272,308

Balance sheet and other

Total assets, start of year
$367,983,508
Total assets, end of year
$422,009,545
Total liabilities, end of year
$320,671,798
Net assets, end of year
$101,337,747
Publicly traded securities
$191,666,095
Gross receipts
$89,121,593
Employees
0
Volunteers
0
Year formed
2004
State of legal domicile
NY

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
PATRICK O'SHAUGHNESSY DODIRECTOR
Trustee or director, Officer
50$0$3,222,318$1,532,793
PATRICK MINICUSTREASURER
Trustee or director, Officer
50$0$1,199,960$707,333
LESLI GIGLIOSECRETARY
Trustee or director, Officer
2$0$433,598$43,163
BRIAN MCGUIREPRESIDENT
Trustee or director, Officer
2$0$0$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
PATRICK O'SHAUGHNESSY DODIRECTOR
Trustee or director, Officer
50$0$3,177,674$1,470,892
PATRICK MINICUSTREASURER
Trustee or director, Officer
50$0$1,220,160$708,505
LESLI GIGLIOSECRETARY
Trustee or director, Officer
2$0$433,897$40,717
BRIAN MCGUIREPRESIDENT
Trustee or director, Officer
2$0$0$0

Address and contacts

Address (IRS master file)
992 N VILLAGE AVE, ROCKVILLE CTR, NY 11570-1002
In care of
% CHS SERVICES INC
Principal officer (990 for 2024)
PATRICK O'SHAUGHNESSY DO, 992 NORTH VILLAGE AVENUE, ROCKVILLE CENTRE, NY 11570
Signed the 990
Brian McGuire, PRESIDENT
Phone
(516) 705-3700
Return prepared by
PwC US Tax LLP

Mission

RVC INSURANCE COMPANY INC. IS A MEMBER OF CATHOLIC HEALTH. WE, AT CATHOLIC HEALTH, HUMBLY JOIN TOGETHER TO BRING CHRIST'S HEALING MISSION AND THE MISSION OF MERCY OF THE CATHOLIC CHURCH EXPRESSED IN CATHOLIC HEALTH CARE TO OUR COMMUNITIES. I-CARE VALUES INTEGRITY: WE ARE WHO WE SAY WE ARE AND ACT IN ACCORDANCE WITH THE SPLENDOR OF TRUTH OF OUR CATHOLIC MORAL TEACHING AND OUR CATHOLIC VALUES. COMPASSION: WE HAVE COMPASSION FOR OUR PATIENTS, SEE THE SUFFERING CHRIST IN THEM, STRIVE TO ALLEVIATE SUFFERING AND SERVE THE SPIRITUAL, PHYSICAL AND EMOTIONAL NEEDS OF OUR PATIENTS. ACCOUNTABILITY: WE TAKE RESPONSIBILITY FOR OUR ACTIONS AND THEIR CONSEQUENCES. RESPECT: WE HONOR THE SANCTITY OF LIFE AT EVERY STAGE OF LIFE AND THE DIGNITY OF EVERY PERSON, AND INCORPORATE ALL THE PRINCIPLES OF CATHOLIC SOCIAL TEACHING IN OUR RELATIONSHIPS AND ADVOCACY. EXCELLENCE: WE SEEK THE GLORY OF GOD IN THE COMPASSIONATE SERVICE OF OUR PATIENTS, AND WE STRIVE TO DO THE BEST THAT CAN BE DONE, WHATEVER OUR ROLE.

990 for the year ended December 31, 2024

Program accomplishments

  • RVC PROVIDES EXCESS PROFESSIONAL LIABILITY, GENERAL LIABILITY (INCLUDING TERRORISM COVERAGE), AND EMPLOYERS LIABILITY INSURANCE COVERAGE SOLELY TO CERTAIN CATHOLIC HEALTH (CH) ENTITIES. BEGINNING NOVEMBER 1, 2013, RVC PROVIDES PRIMARY COVERAGE TO CERTAIN CH ENTITIES FOR GENERAL LIABILITY, DIRECTORS AND OFFICERS LIABILITY AND EMPLOYMENT PRACTICES LIABILITY.
    Expenses $41,272,308 · grants $20,000,000 · revenue $28,322,460

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
20-8067039
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
2009
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$422,009,545
Income (IRS master file)
$89,121,593

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$38,643,811$41,272,308$422,009,545XML
990December 2023$30,754,952$51,948,828$367,983,508XML
990December 2022$25,848,334$17,106,802$324,172,253IRS
990December 2021–––IRS
990December 2020–––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 20-8067039).

Questions about RVC INSURANCE COMPANY INC

What is the EIN of RVC INSURANCE COMPANY INC?
The employer identification number (EIN) of RVC INSURANCE COMPANY INC is 20-8067039.
Is RVC INSURANCE COMPANY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to RVC INSURANCE COMPANY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does RVC INSURANCE COMPANY INC 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 RVC INSURANCE COMPANY INC 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 RVC INSURANCE COMPANY INC 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 RVC INSURANCE COMPANY INC?
The 990 for the year ended December 31, 2024 names PATRICK O'SHAUGHNESSY DO.
Who are the officers and directors of RVC INSURANCE COMPANY INC?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does RVC INSURANCE COMPANY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $38,643,811, expenses of $41,272,308 and total assets of $422,009,545 at year end.

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