Chesapeake Employers Insurance Comp Any
EIN: 461056754 · Towson, MD · NTEE: Y25
Is Chesapeake Employers Insurance Comp Any Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Chesapeake Employers Insurance Comp Any
Chesapeake Employers Insurance Comp Any (EIN: 461056754) is a nonprofit organization based in Towson, MD, classified under NTEE code Y25. The organization reported total revenue of $1.9B and total assets of $2.5B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chesapeake Employers Insurance Comp Any's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chesapeake Employers Insurance Comp Any is a major nonprofit that has been operating for 12 years, with 9 years of IRS 990 filings on record (2013–2021). Revenue has grown at a compound annual rate of 20.9%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $337.1M |
| Total Expenses | $209.7M |
| Surplus / Deficit | +$127.4M |
| Total Assets | $2.5B |
| Total Liabilities | $1.4B |
| Net Assets | $1.1B |
| Operating Margin | 37.8% |
| Debt-to-Asset Ratio | 54.7% |
| Months of Reserves | 143.8 months |
Financial Health Grade: A
In 2021, Chesapeake Employers Insurance Comp Any reported a surplus of $127.4M with revenue exceeding expenses, holds 143.8 months of operating reserves (strong position), has a debt-to-asset ratio of 54.7% (high leverage).
Financial Trends
Over 9 years of filings (2013–2021), Chesapeake Employers Insurance Comp Any's revenue has grown at a compound annual growth rate (CAGR) of 20.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +14.8% | +0.1% | +3.4% |
| 2020 | -14.6% | +11.6% | +2.1% |
| 2019 | +4.6% | -21.5% | +4.7% |
| 2018 | -5.7% | +15.1% | -2.0% |
| 2017 | +0.9% | -21.2% | +4.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Chesapeake Employers Insurance Comp Any has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Chesapeake Employers Insurance Comp Any with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $127.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 54.7%.
Frequently Asked Questions about Chesapeake Employers Insurance Comp Any
Is Chesapeake Employers Insurance Comp Any a legitimate charity?
Based on AI analysis of IRS 990 filings, Chesapeake Employers Insurance Comp Any (EIN: 461056754) insufficient data. 0 red flags identified, 0 strengths noted.
How does Chesapeake Employers Insurance Comp Any spend its money?
Detailed spending breakdown data is not yet available for Chesapeake Employers Insurance Comp Any. Check back for updated IRS 990 analysis.
Are donations to Chesapeake Employers Insurance Comp Any tax-deductible?
Chesapeake Employers Insurance Comp Any is registered as a tax-exempt nonprofit (EIN: 461056754). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Chesapeake Employers Insurance Comp Any showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2013–2021), Chesapeake Employers Insurance Comp Any's revenue has grown by 357.4%, moving from $73.7M to $337.1M. Total assets increased by 34.4% over the same period, from $1.9B to $2.5B. Total functional expenses rose by 170.6%, from $77.5M to $209.7M. In its most recent filing year (2021), Chesapeake Employers Insurance Comp Any reported a surplus of $127.4M, with revenue exceeding expenses. The organization holds $1.4B in liabilities against $2.5B in assets (debt-to-asset ratio: 54.7%), resulting in net assets of $1.1B.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $337.1M | $209.7M | $2.5B | $1.4B | — | View 990 |
| 2020 | $293.7M | $209.6M | $2.4B | $1.4B | — | View 990 |
| 2019 | $343.7M | $187.7M | $2.4B | $1.5B | — | View 990 |
| 2018 | $328.5M | $239.2M | $2.3B | $1.5B | — | View 990 |
| 2017 | $348.3M | $207.8M | $2.3B | $1.6B | — | View 990 |
| 2016 | $345.2M | $263.8M | $2.2B | $1.7B | — | View 990 |
| 2015 | $321.5M | $236.1M | $2.1B | $1.6B | — | View 990 |
| 2014 | $322.9M | $273.0M | $2.0B | $1.6B | — | View 990 |
| 2013 | $73.7M | $77.5M | $1.9B | $1.5B | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $337.1M, expenses of $209.7M, and assets of $2.5B (revenue +14.8% year-over-year).
- 2020: Revenue of $293.7M, expenses of $209.6M, and assets of $2.4B (revenue -14.6% year-over-year).
- 2019: Revenue of $343.7M, expenses of $187.7M, and assets of $2.4B (revenue +4.6% year-over-year).
- 2018: Revenue of $328.5M, expenses of $239.2M, and assets of $2.3B (revenue -5.7% year-over-year).
- 2017: Revenue of $348.3M, expenses of $207.8M, and assets of $2.3B (revenue +0.9% year-over-year).
- 2016: Revenue of $345.2M, expenses of $263.8M, and assets of $2.2B (revenue +7.4% year-over-year).
- 2015: Revenue of $321.5M, expenses of $236.1M, and assets of $2.1B (revenue -0.4% year-over-year).
- 2014: Revenue of $322.9M, expenses of $273.0M, and assets of $2.0B (revenue +338.2% year-over-year).
- 2013: Revenue of $73.7M, expenses of $77.5M, and assets of $1.9B.
Data Sources and Methodology
This transparency report for Chesapeake Employers Insurance Comp Any is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.