Overview
What is Cruden Bay Risk Retention Group Inc?
Cruden Bay Risk Retention Group Inc is a nonprofit organization based in Williston, Vermont, with a specific focus on providing insurance coverage. Established to support the Nemours Foundation, it offers medical professional liability insurance to physicians and surgeons in Florida, Pennsylvania, and New Jersey. Additionally, Cruden Bay extends its insurance coverage to certified registered nurse practitioners in Pennsylvania and provides directors and officers liability coverage to members of the Association Executive Council. The organization's primary mission is to offer protection and financial support in the medical field.
Is Cruden Bay Risk Retention Group Inc legitimate?
Cruden Bay Risk Retention Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cruden Bay Risk Retention Group 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 Cruden Bay Risk Retention Group Inc?
Cruden Bay Risk Retention Group Inc, in its mission, focuses on providing insurance coverage. Specifically, it offers medical professional liability coverage and directors and officers liability protection. Established to support the Nemours Foundation, Cruden Bay provides liability insurance to Nemours physicians and surgeons in Florida, Pennsylvania, and New Jersey. Furthermore, it extends medical professional liability coverage to certified registered nurse practitioners in Pennsylvania and offers directors and officers liability coverage to members of the association executive council.
Who is the CEO of Cruden Bay Risk Retention Group Inc?
John Lord is the President And Director of Cruden Bay Risk Retention Group Inc.
What is the revenue of Cruden Bay Risk Retention Group Inc?
Cruden Bay Risk Retention Group Inc's revenue in 2022 was $6,149,537.
Who are the executives of Cruden Bay Risk Retention Group Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $1,304,834
- Other: $209,863
- Compensation: $0
- Related: $1,167,653
- Other: $179,616
- Compensation: $0
- Related: $153,510
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $467,255
- Other: $99,054
Where can I find the form 990 for Cruden Bay Risk Retention Group Inc?
Cruden Bay Risk Retention Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cruden Bay Risk Retention Group Inc
Cruden Bay Risk Retention Group Inc is a organization dedicated to providing insurance coverage. Its primary mission is to offer medical professional liability insurance to physicians and surgeons associated with the Nemours Foundation in Florida, Pennsylvania, and New Jersey. Additionally, this group extends medical professional liability insurance coverage to certified registered nurse practitioners in Pennsylvania. Beyond these medical professional liability offerings, Cruden Bay also provides directors and officers liability coverage to members of the Association Executive Council. By offering these insurance services, Cruden Bay Risk Retention Group Inc aims to support and protect medical professionals and organizations, ensuring they can continue their vital work with peace of mind.
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Impact
October, 2024
Cruden Bay Risk Retention Group Inc plays a significant role in the healthcare sector by offering essential insurance coverage tailored specifically for medical professionals. By providing medical professional liability insurance to Nemours physicians and surgeons across Florida, Pennsylvania, and New Jersey, Cruden Bay ensures that these healthcare providers have the necessary financial protection to practice medicine with confidence. This support not only safeguards individual practitioners but also enhances the overall quality of care delivered to patients.
Additionally, Cruden Bay extends its services to certified registered nurse practitioners in Pennsylvania, ensuring that these vital healthcare providers also have the coverage they need. The inclusion of directors and officers liability coverage for members of the Association Executive Council further emphasizes Cruden Bay's commitment to supporting healthcare organizations by protecting their leadership from potential legal liabilities.
Overall, Cruden Bay Risk Retention Group Inc significantly impacts the healthcare landscape by fostering a safer and more secure environment for medical professionals, enabling them to focus on delivering quality care without the looming threat of liability concerns.
This information is meant to be a general summary of Cruden Bay Risk Retention Group 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: $2,839,537
- Program Service Revenue: $3,310,000
- Gross Receipts: $10,018,132
Assets and Liabilities:
- Total Assets: $16,643,132
- Total Liabilities: $13,226,066
- Net Assets: $3,417,066
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PREMIUMS EARNED
Revenue
$3,310,000
Organization Details
Founding Year
2003
Phone
(802) 371-2212Principal Officer
John Lord
Main Address
135 ALLEN BROOKE LANE SE 101, WILLISTON, VT, 05495
NTEE Category
Code: Y990 - Mutual benefit
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