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Vmc Indemnity Company Inc

  • Burlington, VT
  • Tax-exempt since March 2019
  • EIN: 83-1102018

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Nonmonetary Support N.E.C. (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$20.2M (2024)

Expenses
$9.28M (2024)

Total Assets
$128M (2024)

Total Liabilities
$54.9M (2024)

Source: Form 990 tax filings from 2018 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,198,651
Expenses
$9,281,435
Net Income
$10,917,216
Net Assets
$73,385,502
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $16,708,897
82.7%
Investment Income $3,884,721
19.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$394,967
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $128,260,925
Total Liabilities $54,875,423
Net Assets $73,385,502
Compensation
Key Employees and Officers Compensation Related Other
Dr Sunil Eappen (Director & Chair) $0 $1,948,480 $198,581
Dr Howard M Schapiro (Director & President) $0 $331,461 $0
Dr Stephen M Leffler (Director & Vice President) $0 $820,631 $71,334
Dr Lisa Mark (Director) $0 $462,496 $50,609
Holly Berteau (Director) $0 $6,172 $432
Richard Vincent (Director & Treasurer) $0 $783,080 $64,609
Dr Paul Danielson (Director (Til 9/2024)) $0 $0 $0
Christopher Dutton (Director (Til 9/2024)) $0 $0 $0
Anna T Noonan (Director (Til 9/2024)) $0 $554,062 $109,957
Dr Wouter Rietsema (Director (Til 12/2023)) $0 $343,320 $14,095
Dr Jason Sanders (Director) $0 $508,675 $95,550
Eric Miller Esq (Secretary) $0 $575,491 $95,622
Erika Smart (Assistant Secretary) $0 $192,738 $49,236
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Document Links

990
Filed on Aug. 14, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,684,453
Expenses
$10,819,686
Net Income
$8,864,767
Net Assets
$52,356,081
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $15,804,377
80.3%
Investment Income $3,068,047
15.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $812,029
4.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $99,453,989
Total Liabilities $47,097,908
Net Assets $52,356,081
Compensation
Key Employees and Officers Compensation Related Other
Dr John Brumsted (Director & Chair (Until 11/2022)) $0 $1,787,177 $68,822
Dr Sunil Eappen (Director & Chair (As Of 4/2023)) $0 $286,769 $17,826
Dr Howard M Schapiro (Director & President) $0 $430,020 $0
Dr Stephen M Leffler (Director & Vice President) $0 $837,011 $67,056
Holly Berteau (Director) $0 $356,638 $48,721
Richard Vincent (Director & Treasurer) $0 $812,391 $60,841
Dr Paul Danielson (Director) $0 $0 $0
Christopher Dutton (Director) $0 $0 $0
Anna T Noonan (Director) $0 $524,507 $88,509
Dr Wouter Rietsema (Director) $0 $454,135 $13,831
Dr Jason Sanders (Director) $0 $534,863 $72,719
Eric Miller Esq (Secretary) $0 $623,771 $86,537
Jan Ferguson (Assistant Secretary (Til 4/2023)) $0 $192,948 $30,874
Erika Smart (Assistant Secretary (As Of 4/2023)) $0 $152,159 $46,620
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Document Links

990
Filed on Aug. 14, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,264,099
Expenses
$7,145,003
Net Income
$3,119,096
Net Assets
$43,299,657
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,863,247
66.9%
Investment Income $3,400,852
33.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $85,135,196
Total Liabilities $41,835,539
Net Assets $43,299,657
Compensation
Key Employees and Officers Compensation Related Other
Dr John Brumsted (Director & Chair) $0 $2,098,354 $66,714
Dr Stephen M Leffler (Director & Vice President) $0 $863,345 $64,044
Richard Vincent (Director & Treasurer) $0 $752,772 $57,803
Dr Howard M Schapiro (Director & President) $0 $476,171 $36,903
Anna T Noonan (Director) $0 $475,876 $105,738
Dr Wouter Rietsema (Director) $0 $443,289 $13,516
Holly Berteau (Director) $0 $349,224 $24,009
Dr Paul Danielson (Director) $0 $0 $0
Christopher Dutton (Director) $0 $0 $0
Dr Jason Sanders (Director (As Of 4/22)) $0 $0 $0
Eric Miller Esq (Secretary) $0 $531,489 $79,454
Jan Ferguson (Assistant Secretary) $0 $172,699 $24,999
Todd Keating (Fmr Treasurer) $0 $196,134 $16,283
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Document Links

990
Filed on Aug. 14, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,545,433
Expenses
$7,253,762
Net Income
$7,291,671
Net Assets
$58,055,910
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,533,447
51.8%
Investment Income $7,011,986
48.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $100,648,707
Total Liabilities $42,592,797
Net Assets $58,055,910
Compensation
Key Employees and Officers Compensation Related Other
Dr John Brumsted (Director & Chair) $0 $1,486,203 $237,916
Todd Keating (Director & Treasurer (Til 4/2021)) $0 $703,956 $26,222
Dr Stephen M Leffler (Director & Vice President) $0 $673,173 $51,113
Richard Vincent (Director & Treasurer (As Of 4/2021)) $0 $499,563 $47,147
Dr Howard M Schapiro (Director & President) $0 $499,485 $47,662
Dr Claude Deschamps (Director (Til 9/2021)) $0 $466,446 $19,722
Dr Wouter Rietsema (Director) $0 $404,604 $64,771
Anna T Noonan (Director) $0 $367,319 $45,196
Holly Berteau (Director (As Of 4/2021)) $0 $263,868 $38,201
Dr Paul Danielson (Director) $0 $0 $0
Christopher Dutton (Director) $0 $0 $0
Eric Miller (Secretary) $0 $397,159 $35,344
Jan Ferguson (Assistant Secretary) $0 $158,957 $20,036
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Document Links

990
Filed on Aug. 12, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,381,006
Expenses
$7,969,931
Net Income
$4,411,075
Net Assets
$51,313,049
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,567,446
61.1%
Investment Income $4,813,560
38.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $95,254,157
Total Liabilities $43,941,108
Net Assets $51,313,049
Compensation
Key Employees and Officers Compensation Related Other
Dr John Brumsted (Director & Chair) $0 $1,766,660 $227,413
Todd Keating (Director & Treasurer) $0 $796,192 $29,767
Dr Stephen M Leffler (Director & Vice President) $0 $792,325 $47,410
Dr Claude Deschamps (Director) $0 $583,040 $30,720
Dr Howard M Schapiro (Director & President) $0 $579,621 $58,352
Anna T Noonan (Director) $0 $441,286 $49,596
Eric Miller (Secretary) $0 $442,294 $41,562
Dr Wouter Rietsema (Director) $0 $385,468 $7,533
Jan Ferguson (Assistant Secretary) $0 $156,738 $23,549
Dr Paul Danielson (Director) $0 $0 $0
Christopher Dutton (Director) $0 $0 $0
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Document Links

990
Filed on Aug. 16, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$0
Expenses
$0
Net Income
$0
Net Assets
$1
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $1
Total Liabilities $0
Net Assets $1

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$0
Expenses
$0
Net Income
$0
Net Assets
$1
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $1
Total Liabilities $0
Net Assets $1

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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