Overview
What is Willamette Valley Insurance Corporation C/O Marsh Management Services Inc?
Willamette Valley Insurance Corporation C/O Marsh Management Services Inc is a nonprofit organization that primarily provides professional and general liability insurance to its sole member, Salem Health Hospitals and Clinics, a 501(C)(3) entity. Beyond this, they also offer insurance coverage to other organizations that are directly or indirectly controlled by Salem Health Hospitals and Clinics, and fall under the category of non-profit foundations under IRC Sec. 509(A)(1) or (2). Based in Honolulu, Hawaii, the company incurs costs related to the premiums it writes, which includes losses, loss adjustment expenses, and other related costs. Their mission is to provide a safety net for these organizations, ensuring they have the necessary insurance coverage during their operations.
Is Willamette Valley Insurance Corporation C/O Marsh Management Services Inc legitimate?
Willamette Valley Insurance Corporation C/O Marsh Management Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Willamette Valley Insurance Corporation C/O Marsh Management Services Inc 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 Willamette Valley Insurance Corporation C/O Marsh Management Services Inc?
Willamette Valley Insurance Corporation C/O Marsh Management Services Inc primarily focuses on providing professional and general liability insurance. This service is extended to its sole member, Salem Health Hospitals and Clinics, a 501(C)(3) entity, as well as other non-profit foundations directly or indirectly controlled by Salem Health Hospitals and Clinics. These foundations fall under IRC Sec. 509(A)(1) or (2). The corporation's activities contribute to safeguarding these organizations against potential financial losses associated with liability claims.
Who is the CEO of Willamette Valley Insurance Corporation C/O Marsh Management Services Inc?
James Parr is the Director of Willamette Valley Insurance Corporation C/O Marsh Management Services Inc.
What is the revenue of Willamette Valley Insurance Corporation C/O Marsh Management Services Inc?
Willamette Valley Insurance Corporation C/O Marsh Management Services Inc's revenue in 2022 was $422,276.
Who are the executives of Willamette Valley Insurance Corporation C/O Marsh Management Services Inc and what are their salaries?
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $952,716
- Other: $94,593
- Compensation: $0
- Related: $968,668
- Other: $93,184
- Compensation: $0
- Related: $803,639
- Other: $33,733
- Compensation: $0
- Related: $1,489,354
- Other: $37,766
- Compensation: $0
- Related: $761,801
- Other: $79,220
- Compensation: $0
- Related: $617,307
- Other: $53,275
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $341,298
- Other: $65,897
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Willamette Valley Insurance Corporation C/O Marsh Management Services Inc?
Willamette Valley Insurance Corporation C/O Marsh Management Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Willamette Valley Insurance Corporation C/O Marsh Management Services Inc
Willamette Valley Insurance Corporation C/O Marsh Management Services Inc is a specialized insurance provider with a mission to safeguard its sole member, Salem Health Hospitals and Clinics, a 501(c)(3) entity, as well as other non-profit foundations that are either directly or indirectly controlled by Salem Health Hospitals and Clinics. These foundations fall under IRC Sec. 509(A)(1) or (2). The corporation's role is to offer professional and general liability insurance, protecting these organizations from potential risks and financial losses. By providing this insurance, Willamette Valley Insurance Corporation C/O Marsh Management Services Inc contributes to the ongoing operations and stability of these non-profit entities, thereby contributing to the communities they serve.
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Impact
October, 2024
Willamette Valley Insurance Corporation C/O Marsh Management Services Inc plays a crucial role in the healthcare landscape by offering professional and general liability insurance specifically tailored for Salem Health Hospitals and Clinics and its affiliated nonprofit organizations. This coverage is vital for maintaining the financial stability of these entities, which provide essential health services to the community.
By ensuring that Salem Health Hospitals and Clinics are adequately insured, the corporation mitigates risks associated with potential lawsuits and claims, allowing healthcare providers to focus on delivering quality care without the looming fear of financial repercussions from legal issues. This support is particularly important for nonprofits, as it helps them safeguard their assets and sustain their missions.
The organization’s impact extends beyond its direct financial services; it fosters an environment where healthcare institutions can operate confidently. This security indirectly benefits patients, staff, and the larger community by ensuring that healthcare services remain uninterrupted and accessible. Overall, Willamette Valley Insurance Corporation is instrumental in bolstering the operational integrity of vital healthcare facilities in the region.
This information is meant to be a general summary of Willamette Valley Insurance Corporation C/O Marsh Management Services Inc. 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: $422,276
- Gross Receipts: $2,919,318
Assets and Liabilities:
- Total Assets: $20,534,716
- Total Liabilities: $5,766,672
- Net Assets: $14,768,044
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Organization Details
Founding Year
2004
Phone
(808) 585-3530Principal Officer
James Parr
Main Address
745 FORT STREET 1100, HONOLULU, HI, 96813
NTEE Category
Code: E11 - Health
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