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Elliot Health System Professional & General Liability Insurance Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 016217452 ✦ Manchester, NH ✦ Designated as a 501(c)(3)

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Overview

What is Elliot Health System Professional & General Liability Insurance Trust?

The Elliot Health System Professional & General Liability Insurance Trust is a self-insurance entity, headquartered at 1070 Holt Avenue Unit 1, Manchester, New Hampshire 03109. Its primary function is to provide financial coverage for professional, general, and various other liability risks encountered by organizations under the control of Elliot Health System and Elliot Hospital. As a trust, it holds and manages funds specifically for this purpose, acting as a financial safety net for the supported organizations.

Is Elliot Health System Professional & General Liability Insurance Trust legitimate?

Elliot Health System Professional & General Liability Insurance Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elliot Health System Professional & General Liability Insurance Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $34,064
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Elliot Health System Professional & General Liability Insurance Trust?

The Elliot Health System Professional & General Liability Insurance Trust's primary mission is to provide funding for various liability losses experienced by organizations under the control of Elliot Health System and Elliot Hospital. This self-insurance trust serves as a financial resource, safeguarding these organizations against potential legal and financial complications. By doing so, the trust aims to ensure the continuity and stability of these organizations, ultimately contributing to the delivery of healthcare services.

Who is the CEO of Elliot Health System Professional & General Liability Insurance Trust?

William G Baxter is the Principal Officer of Elliot Health System Professional & General Liability Insurance Trust.

What is the revenue of Elliot Health System Professional & General Liability Insurance Trust?

Elliot Health System Professional & General Liability Insurance Trust's revenue in 2022 was $1,446,680.

Who are the executives of Elliot Health System Professional & General Liability Insurance Trust and what are their salaries?


There is 1 key member and their salary:


Comerica Bank & Trust Na (Trustee)
  • Compensation: $34,064
  • Related: $0
  • Other: $0
Where can I find the form 990 for Elliot Health System Professional & General Liability Insurance Trust?

Elliot Health System Professional & General Liability Insurance Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Elliot Health System Professional & General Liability Insurance Trust

The Elliot Health System Professional & General Liability Insurance Trust is a self-insurance entity, dedicated to safeguarding funds aimed at covering any potential liability losses experienced by organizations under the control of Elliot Health System and Elliot Hospital. Its primary mission is to provide financial assistance for professional, general, and other types of liability issues that may arise within these organizations. By doing so, the trust serves as a protective shield, ensuring that these organizations can continue their operations without being financially impacted by unforeseen liabilities.

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Impact




October, 2024

Elliot Health System Professional & General Liability Insurance Trust plays a crucial role in managing risk for organizations linked to Elliot Health System and Elliot Hospital. By holding funds specifically designated to cover liability losses, the Trust ensures financial protection and stability for these healthcare entities. This self-insurance trust allows the organizations to focus on delivering quality healthcare services without the constant concern of potential liability claims adversely affecting their operations.

The Trust's funding capabilities empower the supported organizations to address professional and general liabilities proactively. This not only fosters a safer operating environment but also enhances the overall trust in the healthcare services provided within Manchester, NH. By effectively managing these risks, the Trust contributes to the sustainability and resilience of healthcare services in the community, ultimately benefiting both patients and healthcare providers.




This information is meant to be a general summary of Elliot Health System Professional & General Liability Insurance Trust. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,446,680 (2022)
Expenses
$1,894,524 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $38,819
  • Program Service Revenue: $1,407,861
  • Gross Receipts: $1,446,680

Assets and Liabilities:

  • Total Assets: $4,832,857
  • Total Liabilities: $15,790,819
  • Net Assets: -$10,957,962

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Reimbursed fees

Revenue

$1,407,861

Organization Details

Founding Year

2002

Principal Officer

William G Baxter

Main Address

1070 Holt Avenue Unit 1 2100, Manchester, NH, 03109

NTEE Category

Code: E11 - Health

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