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Keystone Indemnity Company Ltd Co Strategic Risk Solutions

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

EIN: 030371612 ✦ Burlington, VT ✦ Designated as a 501(c)(3)

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Overview

What is Keystone Indemnity Company Ltd Co Strategic Risk Solutions?

Keystone Indemnity Company Ltd Co Strategic Risk Solutions is a protective insurance provider based in Burlington, Vermont. They specialize in offering professional medical liability insurance and general liability coverage to Masonicare Corporation and its affiliates. Masonicare, with Keystone's support, is a comprehensive senior care organization in Connecticut, providing various living options like continuing care retirement communities, independent living, assisted living, skilled nursing care, acute care, ambulatory care clinics, home health and hospice services, and at-home services. Their offerings extend to professional education and training for healthcare providers, promoting the well-being of seniors in the state.

Is Keystone Indemnity Company Ltd Co Strategic Risk Solutions legitimate?

Keystone Indemnity Company Ltd Co Strategic Risk Solutions is a legitimate nonprofit organization registered as a 501(c)(3) entity. Keystone Indemnity Company Ltd Co Strategic Risk Solutions 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 Keystone Indemnity Company Ltd Co Strategic Risk Solutions?

Keystone Indemnity Company Ltd Co Strategic Risk Solutions is committed to providing professional medical liability insurance and general liability coverage for Masonicare Corporation and its affiliates. As Masonicare is a leading healthcare and retirement living provider for seniors in Connecticut, offering various services such as skilled nursing care, assisted living, and home health services, Keystone Indemnity Company plays a crucial role in protecting its affiliates from potential liabilities. By offering comprehensive insurance coverage, Keystone Indemnity Company enables Masonicare and its affiliates to focus on delivering high-quality care to their clients without the worry of unforeseen legal issues.

Who is the CEO of Keystone Indemnity Company Ltd Co Strategic Risk Solutions?

Unavailable The CEO's salary of Keystone Indemnity Company Ltd Co Strategic Risk Solutions is $0 and their total compensation is $757,743.

What is the revenue of Keystone Indemnity Company Ltd Co Strategic Risk Solutions?

Keystone Indemnity Company Ltd Co Strategic Risk Solutions's revenue in 2022 was $1,253,333.

Who are the executives of Keystone Indemnity Company Ltd Co Strategic Risk Solutions and what are their salaries?

There 6 volunteers at Keystone Indemnity Company Ltd Co Strategic Risk Solutions.


Here are 8 key members and their salaries (Keystone Indemnity Company Ltd Co Strategic Risk Solutions's CEO's salary is $0 and their total compensation is $757,743):


Christopher J Earle (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard W Orr (Chairman (Thru 05/31/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Newton Buckner (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert F Polito Jr (Chairman (Effective 06/01/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert J Furce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherwin M Borsuk Md (Director (Effective 04/01/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon-Paul Venoit (President And Ceo, Assistant Secretary)
  • Compensation: $0
  • Related: $709,728
  • Other: $48,015
Steven D Beaulieu (Cfo & Assistant Treasurer)
  • Compensation: $0
  • Related: $262,955
  • Other: $38,756
Where can I find the form 990 for Keystone Indemnity Company Ltd Co Strategic Risk Solutions?

Keystone Indemnity Company Ltd Co Strategic Risk Solutions's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Keystone Indemnity Company Ltd Co Strategic Risk Solutions

Keystone Indemnity Company Ltd Co Strategic Risk Solutions, in its mission, focuses on providing professional medical liability insurance and general liability insurance for Masonicare Corporation and its affiliates. As a vital partner, this insurance company protects Masonicare, a leading provider of healthcare and retirement living for seniors in Connecticut, and its various affiliated services. These services range from continuing care retirement community living, independent living, assisted living, skilled nursing care (long-term and short-term rehabilitation, including memory care and hospice), acute care (psychiatric, medical, and hospice), ambulatory care clinics, home health and hospice services, and at-home services (live-in, patient care attendants, and homemaker). By offering these insurance coverages, Keystone Indemnity Company Ltd Co Strategic Risk Solutions safeguards the operations and well-being of the Masonicare family, ensuring they can continue providing essential care and support to the elderly population in Connecticut.

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Impact




October, 2024

Keystone Indemnity Company Ltd Co Strategic Risk Solutions plays a crucial role in supporting the healthcare landscape in Connecticut by providing professional medical liability and general liability insurance to Masonicare Corporation and its affiliates. This insurance coverage enables Masonicare to operate with confidence as the leading provider of healthcare and retirement living for seniors in the state.

The impact of Keystone Indemnity is significant, as it allows Masonicare to offer a comprehensive range of services, including independent living, assisted living, skilled nursing care, and various ambulatory and home health services. This umbrella of coverage helps protect Masonicare and its caregivers, fostering an environment where seniors can receive the necessary care and support.

By mitigating the financial risks associated with medical and general liability, Keystone Indemnity ensures that Masonicare can focus on its mission to provide high-quality healthcare and supportive living options for seniors. The presence of reliable insurance coverage enhances the overall stability and sustainability of Masonicare's operations, ultimately benefiting the health and well-being of the communities it serves.




This information is meant to be a general summary of Keystone Indemnity Company Ltd Co Strategic Risk Solutions. 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
$1,253,333 (2022)
Expenses
$218,962 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $818,363
  • Program Service Revenue: $434,970
  • Gross Receipts: $2,876,207

Assets and Liabilities:

  • Total Assets: $19,149,874
  • Total Liabilities: $3,516,488
  • Net Assets: $15,633,386

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Programs

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

Net earned premium

Revenue

$434,970

Organization Details

Founding Year

2001

Main Address

159 Bank Street 4th Floor, Burlington, VT, 05401

NTEE Category

Code: E190 - Health

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