Mission
VEBA TRUST FOR THE VIRGINIA BANKERS ASSOCIATION GROUP WELFARE BENEFIT PLANS
Public Charity
STATE BANKERS ASSOCIATION GROUP INSURANCE TRUST
STATE BANKERS ASSOCIATION GROUP INSURANCE TRUST is a nonprofit organization categorized as Public Charity based in GLEN ALLEN, VA. Its most recent IRS filing (2025) reports revenue of $5.2M, expenses of $5.2M, total assets of $43K.
EIN: 476709961
GLEN ALLEN, VA
Voluntary Employees Beneficiary Associations (Non-Government)
NTEE: Y43
Latest filing: 2025
Total Revenue$5.2M
Total Expenses$5.2M
Total Assets$43K
Grant Records0
Filing Years2020–2025
Where $100 goes at State Bankers Association Group Insurance Trust
How State Bankers Association Group Insurance Trust divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$100
Programs
the work itself
<$1
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 $100 for programs
$100
Premiums paid for medicare supplement, vision, accident, long-term care, critical illness, disability and hospital indemnity coverage, group life insurance, id theft, pet insurance, and legal services coverage
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
BOARD MEMBER
Barry C Elswick
BOARD MEMBER
Brandon Lorey
BOARD MEMBER
C Taylor Quicke
BOARD MEMBER
Elizabeth T Beale
BOARD MEMBER
James E Hendricks Jr
BOARD MEMBER
Jeffrey H Culver
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $5.2M | $5.2M | $43K |
| 2024 | $5.0M | $5.0M | $41K |
| 2023 | $7.4M | $7.4M | $41K |
| 2022 | $7.1M | $7.0M | $39K |
| 2020 | $7.7M | $7.7M | $8K |
Between 2020 and 2025, reported annual revenue declined from $7.7M to $5.2M (-33%), with total assets most recently reported at $43K.
Interactive year-over-year charts and full filing details available with membership.