Public Charity

FIRST MEDICAL INSURANCE COMPANY (RRG)

FIRST MEDICAL INSURANCE COMPANY (RRG) is a Public Charity headquartered in Colchester, VT. Financial data from the 2024 filing: $26.5M revenue, $21.2M expenses, $110.5M total assets.

EIN: 010719207 Colchester, VT Insurance Providers NTEE: Y20 Latest filing: 2024
Total Revenue$26.5M
Total Expenses$21.2M
Total Assets$110.5M
Grant Records0
Filing Years2019–2024

Mission

THE ORGANIZATION PROVIDES INSURANCE FOR THE CHILDREN'S HOSPITAL OF PHILADELPHIA AND CERTAIN AFFILIATED TAX-EXEMPT ORGANIZATIONS.

Where $100 goes at First Medical Insurance Company (Rrg)

How First Medical Insurance Company (Rrg) divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$97 Programs the work itself
$3 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $97 for programs

$97
Insurance for children's hospital of philadelphia and its tax-exempt entities
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

ASSISTANT TREASURER Aaron Ciullo
SECRETARY James Avington
PRESIDENT,& TREASURER Marlena Ferguson
FORMER PRESIDENT & TREASURER Michael Corbo
SECRETARY Thomas Hayden

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $26.5M $21.2M $110.5M
2023 $21.2M $12.6M $106.1M
2022 $18.7M $14.1M $92.4M
2020 $20.9M $12.4M $94.7M
2019 $16.3M $8.6M $98.6M

Between 2019 and 2024, reported annual revenue grew from $16.3M to $26.5M (+62%), with total assets most recently reported at $110.5M.

Interactive year-over-year charts and full filing details available with membership.

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