Windstorm Insurance Network Inc

EIN: 593604274 501(c)(3) Community Improvement

Alexandria, VA

Total Revenue
$1,113,647
Total Expenses
$1,070,743
Total Assets
$936,802
Net Assets
$861,510
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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
VA
Principal Officer
David Cowheard
Phone
2026596622
Tax Period
2023-07-01 to 2024-06-30

WINDSTORM INSURANCE NETWORK INC, founded in 1999, is a small nonprofit in the Community Improvement sector that reported $528K in total revenue in fiscal year 2020. Revenue fell 54% from the prior year — a significant decline worth monitoring. Expenses of $599K exceeded revenue, resulting in a 13% operating deficit.

Mission

To provide a forum for insurance agents and adjustors to discuss windstorm insurance issues. To offer insight and education to individuals and groups employed or otherwise involved in all aspects of property insurance claims.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $100,350
Program Service Revenue $980,010
Investment Income $24,516
Other Revenue $8,771
TOTAL REVENUE $1,113,647

Expense Breakdown

Grants Paid $75,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $921,451
Other Expenses $995,743
TOTAL EXPENSES $1,070,743

Year-over-Year Comparison

2023 2022 Change
Revenue $1,113,647 $1,156,275 0.0%
Expenses $1,070,743 $999,634 +0.1%
Net Income $42,904 $156,641 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
17
Independent Members
17
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Wayne D Taylor President 2.00
Officer Director
$0 $0 $0
Gina Clausen Lozier President-Elect 2.00
Officer Director
$0 $0 $0
Lori Flenniken Vice President 2.00
Officer Director
$0 $0 $0
David Cowheard Treasurer 2.00
Officer Director
$0 $0 $0
Justin Whedbee Secretary 2.00
Officer Director
$0 $0 $0
Charles A Baker Jr Immediate Past President 1.00
Officer Director
$0 $0 $0
Alexandra Bowen Board Member 1.00
Director
$0 $0 $0
Michael Capilli Board Member 1.00
Director
$0 $0 $0
Joseph Connelly Board Member 1.00
Director
$0 $0 $0
Adam Frank Board Member 1.00
Director
$0 $0 $0
Joe Graham Board Member 1.00
Director
$0 $0 $0
Jeremiah Kiefer Board Member 1.00
Director
$0 $0 $0
Craig Kobel Board Member 1.00
Director
$0 $0 $0
Keir Lee Board Member 1.00
Director
$0 $0 $0
John Minor Board Member 1.00
Director
$0 $0 $0
David Murray Board Member 1.00
Director
$0 $0 $0
Donna Stockham Board Member 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $1,113,647 $1,070,743 $936,802 $42,904
2023 $1,156,275 $999,634 $899,238 $156,641
2022 $1,075,277 $884,568 $767,622 $190,709
2021 $528,368 $598,990 $468,363 $-70,622
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