Overview
What is Arizona Children's Risk Solutions?
Arizona Children's Risk Solutions is a nonprofit organization, focusing primarily on providing captive insurance services. Based in Arizona, they specialize in catering to non-profit corporations within the state. Their specific area of expertise lies in offering professional liability insurance, with Phoenix Children's Hospital being their primary recipient of these services. Their mission is to safeguard and support these non-profit organizations, ensuring they have the necessary insurance coverage for potential liabilities.
Is Arizona Children's Risk Solutions legitimate?
Arizona Children's Risk Solutions is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arizona Children's Risk Solutions 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
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What is the mission statement of Arizona Children's Risk Solutions?
Arizona Children's Risk Solutions, as a part of its mission, offers captive insurance services to non-profit organizations, particularly focusing on providing professional liability insurance. This mission is fulfilled by catering to Phoenix Children's Hospital, among other entities within Arizona. The company's objective is to provide reliable and specialized insurance services, thereby offering a layer of protection and risk management solutions to its clients. By doing so, Arizona Children's Risk Solutions aims to contribute positively to the non-profit sector, ensuring they can continue their vital work with peace of mind.
What is the revenue of Arizona Children's Risk Solutions?
Arizona Children's Risk Solutions's revenue in 2023 was $7,659,928.
Who are the executives of Arizona Children's Risk Solutions and what are their salaries?
There 2 volunteers at Arizona Children's Risk Solutions.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $1,233,064
- Other: $25,111
- Compensation: $0
- Related: $850,000
- Other: $6,000
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $358,212
- Other: $3,666
- Compensation: $0
- Related: $3,579,364
- Other: $25,370
- Compensation: $0
- Related: $841,917
- Other: $22,871
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $582,116
- Other: $0
Where can I find the form 990 for Arizona Children's Risk Solutions?
Arizona Children's Risk Solutions's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Arizona Children's Risk Solutions
Arizona Children's Risk Solutions, as a mission-driven organization, focuses on providing captive insurance services. Specifically, they cater to non-profit corporations within Arizona, offering them professional liability insurance. Their primary objective is to support Phoenix Children's Hospital through these services, contributing to the hospital's risk management and financial security. By offering captive insurance, Arizona Children's Risk Solutions enables non-profit organizations to manage their unique risks in a cost-effective and tailored manner.
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Impact
October, 2024
Arizona Children's Risk Solutions plays a vital role in enhancing the operational stability of Phoenix Children's Hospital through its specialized captive insurance services. By providing professional liability insurance tailored specifically for this non-profit health care institution, it helps mitigate financial risks, ensuring that the hospital can focus on delivering high-quality medical care to its young patients without the burden of excessive insurance costs.
This tailored approach not only supports the hospital's mission to provide comprehensive pediatric care but also strengthens the overall healthcare infrastructure within Arizona. By creating a safety net through captive insurance, Arizona Children's Risk Solutions fosters a more resilient environment for pediatric health services, ultimately benefiting the community by providing peace of mind to caregivers and access to necessary healthcare services for children.
This information is meant to be a general summary of Arizona Children's Risk Solutions. 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 2023.
- Investment Income: $64,903
- Program Service Revenue: $7,595,025
- Gross Receipts: $7,659,928
Assets and Liabilities:
- Total Assets: $46,974,371
- Total Liabilities: $27,386,922
- Net Assets: $19,587,449
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PREMIUM REVENUE
Revenue
$7,595,025
Organization Details
Founding Year
2008
NTEE Category
Code: Y20 - Mutual benefit
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