Overview
What is Old Crescent Insurance Company?
Old Crescent Insurance Company is a specialized insurance provider based in South Burlington, Vermont. Their primary role involves offering various insurance coverages such as medical malpractice, property, auto liability, directors and officers' liability, and general liability to The Trustees of Indiana University. This esteemed organization is a tax-exempt entity that supports Indiana University's academic programs at nine different campuses. Old Crescent Insurance Company's mission is to ensure necessary insurance coverage for its parent organization and provide a layer of protection against changing commercial insurance markets. They contribute to the university's operations by offering insurance services in line with their mission.
Official website here: www.oldcrescentinsurancecompany.com
Is Old Crescent Insurance Company legitimate?
Old Crescent Insurance Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Old Crescent 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
Official website here: www.oldcrescentinsurancecompany.com
What is the mission statement of Old Crescent Insurance Company?
Old Crescent Insurance Company's mission is centered around offering specific insurance coverages and related services to its primary entity, The Trustees of Indiana University. This is done to ensure adequate insurance coverage in various sectors, as well as to provide a safeguard against the volatility of commercial insurance markets. The company provides medical malpractice, property, auto liability, directors and officers' liability, and general liability insurance coverages to Indiana University, a tax-exempt organization. These insurance coverages align with Indiana University's tax-exempt purpose of supporting the Trustees. Indiana University, in turn, offers a wide range of academic programs at nine campuses, covering areas such as arts, humanities, social and behavioral sciences, physical sciences, and professional fields.
Official website here: www.oldcrescentinsurancecompany.com
Who is the CEO of Old Crescent Insurance Company?
Unavailable
Official website here: www.oldcrescentinsurancecompany.com
What is the revenue of Old Crescent Insurance Company?
Old Crescent Insurance Company's revenue in 2022 was $2,552,941.
Official website here: www.oldcrescentinsurancecompany.com
Who are the executives of Old Crescent Insurance Company and what are their salaries?
There 2 volunteers at Old Crescent Insurance Company.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $213,764
- Other: $50,479
- Compensation: $0
- Related: $257,367
- Other: $39,196
- Compensation: $0
- Related: $119,404
- Other: $35,197
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $275,849
- Other: $63,813
- Compensation: $0
- Related: $403,145
- Other: $57,024
- Compensation: $0
- Related: $139,332
- Other: $35,261
- Compensation: $0
- Related: $81,841
- Other: $6,015
- Compensation: $0
- Related: $29,721
- Other: $2,992
Official website here: www.oldcrescentinsurancecompany.com
Where can I find the form 990 for Old Crescent Insurance Company?
Old Crescent Insurance Company's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oldcrescentinsurancecompany.com
Learn more at the official website: www.oldcrescentinsurancecompany.com
Mission Statement of Old Crescent Insurance Company
Old Crescent Insurance Company, with a mission centered around its parent organization, The Trustees of Indiana University, aims to offer various insurance coverages and services. The company's primary objective is to ensure adequate insurance coverage in specific areas for its parent organization, while also providing a protective layer against fluctuating commercial insurance markets. Old Crescent Insurance Company offers a range of insurance policies, including medical malpractice, property, auto liability, directors and officers' liability, and general liability coverages, all in support of Indiana University's tax-exempt purpose. As a trusted entity, Old Crescent Insurance Company plays a crucial role in safeguarding Indiana University, an esteemed organization that offers academic programs across nine campuses, spanning disciplines in the arts, humanities, social and behavioral sciences, physical sciences, and professional fields.
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Impact
October, 2024
Old Crescent Insurance Company plays a crucial role in safeguarding the Trustees of Indiana University by providing essential insurance coverages such as medical malpractice, property, auto liability, directors and officers' liability, and general liability. These coverages support the university's diverse academic programs across nine campuses, which encompass a wide range of fields including arts, humanities, social sciences, and professional studies. By ensuring that the Trustees have the necessary insurance protection, Old Crescent Insurance Company not only mitigates risks associated with liability but also provides a buffer against the volatility of commercial insurance markets. This stability enables the university to focus on its mission of education and community service without the added concern of potential insurance gaps.
This information is meant to be a general summary of Old Crescent 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: $204,119
- Program Service Revenue: $2,348,822
- Gross Receipts: $10,183,525
Assets and Liabilities:
- Total Assets: $19,101,930
- Total Liabilities: $8,615,682
- Net Assets: $10,486,248
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PREMIUMS EARNED
Revenue
$2,348,822
Organization Details
Founding Year
2004
Phone
(802) 922-9454Main Address
140 Kennedy Drive Suite 101, SOUTH BURLINGTON, VT, 05403
NTEE Category
Code: B11 - Education
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