Nonprofit · EIN 27-1367957
VIRGINIA PRIVATE COLLEGES BENEFITS CONSORTIUM INC
Tax-exempt · BEDFORD, VA 24523
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $46,275,457 | $46,623,967 | -$348,510 | $21,248,949 | $4,087,796 | $17,161,153 |
| December 31, 2024 | 990 | $44,966,307 | $44,308,733 | $657,574 | $21,324,457 | $3,814,904 | $17,509,553 |
| December 31, 2023 | 990 | $42,820,347 | $44,193,866 | -$1,373,519 | $21,108,913 | $4,267,562 | $16,841,351 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $45,411,376
- Investment income
- $864,081
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $41,942,768
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $39,475
- Accounting fees
- $62,491
- Occupancy
- $27,500
- Travel
- $13,707
- Depreciation
- $2,631
Balance sheet and other
- Total assets, start of year
- $21,324,457
- Total assets, end of year
- $21,248,949
- Total liabilities, end of year
- $4,087,796
- Net assets, end of year
- $17,161,153
- Land, buildings and equipment
- $7,902
- Gross receipts
- $46,275,457
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2009
- State of legal domicile
- VA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WANDA GARDNER | ASSISTANT SECRETARY Officer | 40 | $0 | $2,756 |
| TIM KLOPFENSTEIN | EXECUTIVE DIRECTOR Officer | 40 | $0 | $2,595 |
| ROB YOUNG | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| KIM HARPER | VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| HOLLI HARMAN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| KERRY EDMONDS | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| KEN COPELAND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KAIN FUQUA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CAROLINE DIXON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DONNA HANKINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MELISSA WRIGHT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BELINDA BURKE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID MOWEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRISTOPHER PEACE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHELLY IRVINE | DIRECTOR Trustee or director | 1 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JINA SAULS | DIRECTOR Trustee or director | 1 | $0 |
| CHRIS DORCSIS | DIRECTOR Trustee or director | 1 | $0 |
| TYSON COOPER | DIRECTOR Trustee or director | 1 | $0 |
| KRISTIE WHITE | DIRECTOR Trustee or director | 1 | $0 |
| REGINA BARLETTA | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WANDA GARDNER | ASSISTANT SECRETARY Officer | 40 | $0 | $1,931 |
| TIM KLOPFENSTEIN | EXECUTIVE DIRECTOR Officer | 40 | $0 | $1,730 |
| KEN COPELAND | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| TRACY PEERY | VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| HOLLI HARMAN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| KIM HARPER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ROB YOUNG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KERRY EDMONDS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JUDY PEDNEAU | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATHIE TUNE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MELISSA WRIGHT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PETER BRYAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID MOWEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRISTOPHER PEACE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHELLY IRVINE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JINA SAULS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HOLLY GIORDANO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TYSON COOPER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KRISTIE WHITE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REGINA BARLETTA | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WANDA GARDNER | ASSISTANT SECRETARY Officer | 40 | $0 | $2,016 |
| TIM KLOPFENSTEIN | EXECUTIVE DIRECTOR Officer | 40 | $0 | $1,077 |
| PAUL DAVIES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KIM HARPER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| KERRY EDMONDS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JUDY PEDNEAU | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TRACY PEERY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TODD HILL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID MOWEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LUTHER GRIFFITH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRISTOPHER PEACE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KEN COPELAND | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| HOLLI HARMAN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DON AUNGST | VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| SEAN SIMPLICIO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JINA SAULS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LEE WEBSTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ADAM WHIPPLE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KRISTIE WHITE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REGINA BARLETTA | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1 CEDAR HILL CT STE D, BEDFORD, VA 24523-6459
- In care of
- % PAUL DAVIES
- Principal officer (990 for 2025)
- TIM KLOPFENSTEIN, 1 CEDAR HILL CT SUITE D, BEDFORD, VA 24523
- Signed the 990
- TIM KLOPFENSTEIN, EXECUTIVE DIRECTOR
- Phone
- (540) 525-9693
- Website
- WWW.VPCBC.ORG
- Return prepared by
- BROWN EDWARDS & COMPANY LLP
Mission
VIRGINIA PRIVATE COLLEGES BENEFITS CONSORTIUM, INC. WAS ORGANIZED TO ESTABLISH AND MAINTAIN ONE OR MORE HEALTH AND WELFARE PLANS FOR THE PAYMENT OF LIFE, SICK, ACCIDENT AND OTHER SIMILAR BENEFITS WHICH CONSTITUTE AN "EMPLOYEE WELFARE BENEFIT PLAN" WITHIN THE MEANING OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974. THE PLAN IS MAINTAINED FOR THE BENEFIT OF THE EMPLOYEES OF VARIOUS COLLEGE AND UNIVERSITY MEMBERS OF VIRGINIA PRIVATE COLLEGES BENEFITS CONSORTIUM, INC. AND THE SPONSORING ASSOCIATION.
Program accomplishments
- MEDICAL,PRESCRIPTION DRUG, WELLNESS, DENTAL AND VISION BENEFITS ARE PROVIDED TO 3,100 FACULTY AND STAFF AT 17 PRIVATE VIRGINIA COLLEGES AND THE SPONSORING ASSOCIATION.
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 | 990 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
- 27-1367957
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y43)
- Assets (IRS master file)
- $21,248,949
- Income (IRS master file)
- $46,275,457
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $46,275,457 | $46,623,967 | $21,248,949 | XML |
| 990 | December 2024 | $44,966,307 | $44,308,733 | $21,324,457 | IRS |
| 990 | December 2023 | $42,820,347 | $44,193,866 | $21,108,913 | XML |
| 990 | December 2022 | $41,253,113 | $41,680,740 | $22,090,377 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 27-1367957).
Questions about VIRGINIA PRIVATE COLLEGES BENEFITS CONSORTIUM INC
- What is the EIN of VIRGINIA PRIVATE COLLEGES BENEFITS CONSORTIUM INC?
- The employer identification number (EIN) of VIRGINIA PRIVATE COLLEGES BENEFITS CONSORTIUM INC is 27-1367957.
- Is VIRGINIA PRIVATE COLLEGES BENEFITS CONSORTIUM INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2010.
- Are donations to VIRGINIA PRIVATE COLLEGES BENEFITS CONSORTIUM INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does VIRGINIA PRIVATE COLLEGES BENEFITS CONSORTIUM 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 VIRGINIA PRIVATE COLLEGES BENEFITS CONSORTIUM INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VIRGINIA PRIVATE COLLEGES BENEFITS CONSORTIUM INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of VIRGINIA PRIVATE COLLEGES BENEFITS CONSORTIUM INC?
- The 990 for the year ended December 31, 2025 names TIM KLOPFENSTEIN.
- Who are the officers and directors of VIRGINIA PRIVATE COLLEGES BENEFITS CONSORTIUM INC?
- The 990 for the year ended December 31, 2025 lists 20 people; 0 received compensation from the organization.
- How much revenue does VIRGINIA PRIVATE COLLEGES BENEFITS CONSORTIUM INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $46,275,457, expenses of $46,623,967 and total assets of $21,248,949 at year end.
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