nonprofit · EIN 34-1931936 · VT
How much does PROMEDICA INDEMNITY CORPORATION raise and spend?
PROMEDICA INDEMNITY CORPORATION (VT, EIN 34-1931936) reported $29.9M in revenue and $16.7M in expenses for tax year 2024, with $42.7M in net assets (30.8 months of reserves). By expenses that ranks 12,069 of 391,588 e-filers, 2,444 of 13,620 in NTEE E: Health Care, 52 of 1,600 nonprofits in vermont.
What stands out
PROMEDICA INDEMNITY CORPORATION (VT, EIN 34-1931936) reported $29.9M in revenue and $16.7M in expenses for tax year 2024, with $42.7M in net assets (30.8 months of reserves). By expenses that ranks 12,069 of 391,588 e-filers, 2,444 of 13,620 in NTEE E: Health Care, 52 of 1,600 nonprofits in vermont. Against NTEE E: Health Care: months of reserves 30.8 months, above the peer median of 10.6 months; contributions share of revenue 0.0%, below the peer median of 43.4%; surplus margin 44.4%, above the peer median of 3.9%.
Key figures, tax year 2024
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2024 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $29.9M | $752.2k | $21.4M | $198.5k |
| Total expenses | $16.7M | $666.8k | $20.3M | $179.6k |
| Total assets | $173.6M | $2.2M | $29.5M | $761.5k |
| Net assets | $42.7M | $1.4M | $17.4M | $615.1k |
| Program service revenue share | 69.5% | 29.7% | 73.7% | 13.4% |
| Contributions share of revenue | 0.0% | 43.4% | 12.5% | 55.6% |
| Months of reserves | 30.8 months | 10.6 months | 9.5 months | 12.4 months |
| Surplus margin | 44.4% | 3.9% | 2.1% | 4.3% |
Year by year
6 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2024 | $29.9M | $16.7M | $42.7M | 30.8 months | — | 12,069 |
| 2023 | $45.8M | $40.1M | $29.4M | 8.8 months | — | 9,463 |
| 2022 | $17.7M | $15.6M | $33.7M | 25.9 months | — | 18,080 |
| 2020 | $15.0M | $14.7M | $44.2M | 36.1 months | — | 17,476 |
| 2019 | $15.2M | $10.0M | $36.6M | 43.8 months | — | 22,130 |
| 2018 | $11.3M | $5.5M | $37.3M | 81.6 months | — | 28,984 |
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