Overview
What is Academic Partners Insurance Company?
Academic Partners Insurance Company is a nonprofit organization based in Colchester, Vermont, specifically located at 463 Mountain View Drive 301, with a ZIP code of 05446. The company's primary mission is to support the University of Oklahoma and its affiliated entities by providing professional, general, and other insurance coverages. This organization, which operates exclusively for this purpose, is instrumental in helping the university and hospital system manage their insurance costs. The University of Oklahoma is a leading higher education institution in the state, renowned for its academic, educational, research, clinical care, and indigent care missions. Academic Partners Insurance Company's insurance coverage extends to 1040 faculty physicians, 770 resident physicians, 1196 mid-levels, 934 students, and a large academic hospital system. The costs associated with these insurance coverages align with the organization's tax-exempt purpose of advancing the University of Oklahoma's academic and educational endeavors.
Is Academic Partners Insurance Company legitimate?
Academic Partners Insurance Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academic Partners 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.
Here 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
Mission Statement of Academic Partners Insurance Company
Academic Partners Insurance Company, a unique organization, is dedicated to exclusively supporting the University of Oklahoma and its affiliated entities. Its primary objective is to further the academic, educational, research, clinical care, and indigent care missions of the University and its affiliates.
To accomplish this, Academic Partners Insurance Company offers professional, general, and other insurance coverage and related services. By doing so, it ensures the protection and wellbeing of the University and its affiliated entities as they pursue their important goals.
The commitment of Academic Partners Insurance Company to its mission is unwavering. It is an essential partner in the University of Oklahoma's community, providing vital resources that enable the institution to thrive and grow. Through its specialized insurance services, the company contributes significantly to the University's ability to manage risks and maintain its operational excellence. In turn, the University can continue to provide a top-tier educational experience and conduct groundbreaking research for the benefit of its students and the wider community.
Impact
This information is meant to be a general summary of Academic Partners Insurance Company. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Academic Partners Insurance Company supports the University of Oklahoma and its affiliated entities by providing essential coverage to medical professionals, hospital entities, and academic systems associated with the university. The insurance policies offered by Academic Partners Insurance Company play a crucial role in stabilizing insurance costs for the university and hospital system. By offering liability coverage to a significant number of faculty physicians, resident physicians, mid-levels, students, and a large academic hospital system, Academic Partners Insurance Company contributes to the overall operational stability and risk management of these entities. In doing so, the company aids in furthering the tax-exempt purpose of supporting the University of Oklahoma's academic, research, clinical care, and indigent care missions.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PREMIUMS EARNED
Revenue
$17,158,184
Organization Details
Founding Year
2006
Phone
(802) 864-2744
Main Address
463 Mountain View Drive 301, Colchester, VT, 05446
NTEE Category
Code: E02 - Health
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