Virginia Private Colleges

Mutual benefit organization based in Bedford, VA.0 Exempt under §501(c)(9).

MissionVIRGINIA 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

Financial snapshot · TY 2024

$45.0M
Total revenue
$44.3M
Total expenses
$21.3M
Net assets

Financial health · TY 2024

12
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
26
4.7 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
9
Mix of program fees, grants & contributions

Leadership compensation

Tim Klopfenstein
EXECUTIVE DIRECTOR
$1,730

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Virginia Private Colleges Executive Compensation | 990 Data | DoubleNine