Professional Liability Foundation Ltd

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

EIN: 043267680 ✦ Waltham, MA ✦ Designated as a 501(c)(6)

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Overview

What is Professional Liability Foundation Ltd?

Professional Liability Foundation Ltd is a nonprofit organization committed to advocating for reforms in the current tort law system, particularly as it impacts medical service providers. Their mission extends to reforming the insurance system and enhancing conditions for medical professionals. The organization, although the details of its size and location are not provided in the information, focuses on making significant changes to benefit those in the medical field.

Is Professional Liability Foundation Ltd legitimate?

Professional Liability Foundation Ltd is a legitimate nonprofit organization registered as a 501(c)(6) entity. Professional Liability Foundation Ltd 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 Professional Liability Foundation Ltd?

Professional Liability Foundation Ltd advocates for the reform of the current tort law system as it pertains to medical service providers. Their mission is primarily focused on changing the existing legal framework to better support and improve conditions for medical providers. Additionally, they aim to reform the insurance system to better cater to the needs of medical professionals.

Who is the CEO of Professional Liability Foundation Ltd?

Edward J Brennan is the Principal Officer of Professional Liability Foundation Ltd.

What is the revenue of Professional Liability Foundation Ltd?

Professional Liability Foundation Ltd's revenue in 2022 was $145,012.

Who are the executives of Professional Liability Foundation Ltd and what are their salaries?


Here are 5 key members and their salaries:


Elizabeth Cushing (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Sheps (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Brennan Jr (Executive Director)
  • Compensation: $70,000
  • Related: $0
  • Other: $0
Charles Alagero (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy E Slowick (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Professional Liability Foundation Ltd?

Professional Liability Foundation Ltd's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Professional Liability Foundation Ltd

Professional Liability Foundation Ltd, as an organization, advocates for reform in the current tort law system as it pertains to medical service providers. Their mission is to bring about changes in the insurance system and improve conditions for medical providers. By advocating for reforms, they aim to protect medical professionals from excessive legal liabilities and ensure a more sustainable and supportive environment for them to provide healthcare services.

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Impact




October, 2024

Professional Liability Foundation Ltd actively advocates for reforms in the tort law system affecting medical service providers, aiming to enhance the legal landscape and protect healthcare professionals. By focusing on the reform of the insurance system, they work to mitigate the challenges that medical providers face, ultimately improving their working conditions. This advocacy plays a critical role in promoting a fair and supportive environment for healthcare practitioners, which can lead to better patient care and outcomes. Through their efforts, they strive to create a more balanced relationship between legal frameworks and medical practice, fostering community improvement in the healthcare sector.




This information is meant to be a general summary of Professional Liability Foundation Ltd. 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
$145,012 (2022)
Expenses
$129,495 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $12
  • Gross Receipts: $145,012

Assets and Liabilities:

  • Total Assets: $254,990
  • Total Liabilities: $11,400
  • Net Assets: $243,590

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Organization Details

Founding Year

1995

Principal Officer

Edward J Brennan

Main Address

860 WINTER STREET, WALTHAM, MA, 02451

NTEE Category

Code: S40 - Community improvement

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