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Allied Services Risk Retention Group

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

EIN: 201177431 ✦ Charleston, SC ✦ Designated as a 501(c)(3)

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Overview

What is Allied Services Risk Retention Group?

Allied Services Risk Retention Group is a charitable organization located in Charleston, South Carolina (AddressLine1Txt: "1327 ASHLEY RIVER RD BLDG C 200", CityNm: "CHARLESTON", StateAbbreviationCd: "SC", ZIPCd: "29407"). Its primary mission is to offer insurance and claims defense services to Allied Services Foundation and its affiliates, collectively known as Allied Services, a comprehensive healthcare delivery system serving Northeast Pennsylvania ("missionDesc"). By providing insurance coverage, the Allied Services Risk Retention Group safeguards the exempt activities engaged in by its affiliated entities ("activityOrMissionDesc").

Is Allied Services Risk Retention Group legitimate?

Allied Services Risk Retention Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Allied Services Risk Retention Group 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 Allied Services Risk Retention Group?

Allied Services Risk Retention Group's mission is to offer insurance and claims defense services to Allied Services Foundation and its affiliated entities. This group, collectively known as Allied Services, is an integrated healthcare delivery system serving Northeast Pennsylvania. The primary purpose of Allied Services Risk Retention Group is to support the exempt activities engaged in by entities within the Allied Services System. By providing insurance, they help safeguard these entities' operations, ensuring they can continue to deliver healthcare services effectively.

Who is the CEO of Allied Services Risk Retention Group?

Kenneth Krogulski Cfa is the Chairman of Allied Services Risk Retention Group. The CEO's salary of Allied Services Risk Retention Group is $0 and their total compensation is $3,105,143.

What is the revenue of Allied Services Risk Retention Group?

Allied Services Risk Retention Group's revenue in 2022 was $1,596,698.

Who are the executives of Allied Services Risk Retention Group and what are their salaries?

There 7 volunteers at Allied Services Risk Retention Group.


Here are 7 key members and their salaries (Allied Services Risk Retention Group's CEO's salary is $0 and their total compensation is $3,105,143):


Kenneth Krogulski Cfa (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
William W Scranton Iii (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald B Franceski (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
William P Conaboy Esq (President/Ceo/Secretary)
  • Compensation: $0
  • Related: $2,460,549
  • Other: $644,594
Michael Ferguson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul R Newton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Avvisato (Asst. Secretary & Treasure)
  • Compensation: $0
  • Related: $1,216,689
  • Other: $279,089
Where can I find the form 990 for Allied Services Risk Retention Group?

Allied Services Risk Retention Group's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Allied Services Risk Retention Group

Allied Services Risk Retention Group is an entity dedicated to offering insurance and claims defense services. Its primary mission is to support Allied Services Foundation and its affiliates, collectively known as Allied Services, an integrated healthcare delivery system serving Northeast Pennsylvania. This group provides insurance coverage in support of the exempt activities engaged in by various entities within the Allied Services System. In essence, Allied Services Risk Retention Group serves as a safeguard, protecting its affiliated organizations from potential financial liabilities associated with their charitable endeavors.

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Impact




October, 2024

Allied Services Risk Retention Group plays a crucial role in ensuring the financial stability and sustainability of the Allied Services Foundation and its affiliates. By providing tailored insurance solutions and claims defense, it protects the integrated healthcare delivery system serving Northeast Pennsylvania. This support enables Allied Services to focus on delivering high-quality healthcare and services to the community, enhancing their capacity to serve individuals with diverse needs. The risk retention group’s operations not only mitigate financial risks but also foster a more resilient healthcare environment, ultimately improving patient care and outcomes.




This information is meant to be a general summary of Allied Services Risk Retention Group. 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
$1,596,698 (2022)
Expenses
$1,151,885 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$57,839
  • Program Service Revenue: $1,654,537
  • Gross Receipts: $6,255,344

Assets and Liabilities:

  • Total Assets: $8,715,082
  • Total Liabilities: $5,671,975
  • Net Assets: $3,043,107

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Programs

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

PREMIUMS EARNED

Revenue

$1,654,537

Organization Details

Founding Year

2004

Principal Officer

Kenneth Krogulski Cfa

Main Address

1327 ASHLEY RIVER RD BLDG C 200, CHARLESTON, SC, 29407

NTEE Category

Code: E11 - Health

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