Overview
What is Child Dimensions Insurance Company?
Child Dimensions Insurance Company, located in Akron, Ohio, serves as a captive insurance provider. Its primary mission is to offer professional liability (medical malpractice), general, and excess liability insurance to Children's Hospital Medical Center of Akron and its subsidiaries. This company transacts business as a captive insurance company, ensuring the necessary protection for its associated entities.
Is Child Dimensions Insurance Company legitimate?
Child Dimensions Insurance Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Child Dimensions Insurance Company 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Child Dimensions Insurance Company?
Child Dimensions Insurance Company (CDIC) operates as a captive insurance company. Its primary mission is to provide professional, general, and excess liability coverage to Children's Hospital Medical Center of Akron and its subsidiaries. By doing so, CDIC serves a vital role in protecting the hospital and its affiliates from potential legal liabilities. The company's mission is centered around ensuring the continuity and security of the healthcare services provided by Children's Hospital Medical Center of Akron.
Who is the CEO of Child Dimensions Insurance Company?
Christopher Gessner is the President of Child Dimensions Insurance Company.
What is the revenue of Child Dimensions Insurance Company?
Child Dimensions Insurance Company's revenue in 2022 was $5,157,925.
Who are the executives of Child Dimensions Insurance Company and what are their salaries?
There 2 volunteers at Child Dimensions Insurance Company.
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $1,082,363
- Other: -$51,106
- Compensation: $0
- Related: $1,015,692
- Other: $248,210
- Compensation: $0
- Related: $948,350
- Other: $27,484
- Compensation: $0
- Related: $849,365
- Other: $141,590
- Compensation: $0
- Related: $827,765
- Other: $47,423
- Compensation: $0
- Related: $763,436
- Other: $127,907
- Compensation: $0
- Related: $615,367
- Other: -$185,457
- Compensation: $0
- Related: $567,078
- Other: $128,221
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $558,764
- Other: $103,678
- Compensation: $0
- Related: $1,883,276
- Other: $0
Where can I find the form 990 for Child Dimensions Insurance Company?
Child Dimensions Insurance Company's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Child Dimensions Insurance Company
Child Dimensions Insurance Company, abbreviated as CDIC, serves a unique role as a captive insurance company. Its primary mission is to offer professional, general, and excess liability coverage to Children's Hospital Medical Center of Akron and its subsidiaries. By doing so, CDIC helps shield these entities from potential financial liabilities associated with medical malpractice, general risks, and excessive claims, thereby providing a layer of security and peace of mind. The company's mission is crucial in supporting the operations of Children's Hospital Medical Center and its subsidiaries, ensuring they can focus on delivering quality healthcare services without undue concern over potential insurance-related challenges.
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Impact
October, 2024
Child Dimensions Insurance Company serves a crucial role in supporting the Children's Hospital Medical Center of Akron and its subsidiaries by providing essential liability coverage. By offering professional liability (medical malpractice), general, and excess liability insurance, the company ensures that these healthcare providers are protected against potential legal claims, thereby allowing them to focus on delivering high-quality care to children.
This impact is significant; it not only helps to safeguard the financial stability of the hospital but also enhances confidence among healthcare professionals and families seeking medical services. By minimizing risks associated with medical practice, Child Dimensions Insurance Company ultimately contributes to a safer healthcare environment, fostering trust in pediatric medical services in Akron and surrounding areas. The company's commitment to providing specialized insurance solutions directly supports the mission of the hospital in delivering exceptional healthcare to children, further amplifying its positive influence on the community's well-being.
This information is meant to be a general summary of Child Dimensions Insurance Company. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,409,514
- Program Service Revenue: $3,748,411
- Gross Receipts: $16,375,908
Assets and Liabilities:
- Total Assets: $64,324,391
- Total Liabilities: $20,397,142
- Net Assets: $43,927,249
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PREMIUMS EARNED
Revenue
$3,748,411
Organization Details
Founding Year
1988
Phone
(330) 543-8171Principal Officer
Christopher Gessner
Main Address
ONE PERKINS SQUARE, AKRON, OH, 44308
NTEE Category
Code: Y200 - Mutual benefit
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