Overview
What is Protestant Memorial Medical Center Inc Self-Insurance Program?
Protestant Memorial Medical Center Inc Self-Insurance Program is a financial resource dedicated to covering medical malpractice claims and associated expenses for Protestant Memorial Medical Center Inc., a related 501(c)(3) organization. Located in Belleville, Illinois, this program serves as a vital safety net, ensuring the medical center can continue its operations without undue financial burden from potential claims. By providing funding for such incidents, the Self-Insurance Program safeguards the future of Protestant Memorial Medical Center Inc. and its mission to deliver quality healthcare services.
Is Protestant Memorial Medical Center Inc Self-Insurance Program legitimate?
Protestant Memorial Medical Center Inc Self-Insurance Program is a legitimate nonprofit organization registered as a 501(c)(3) entity. Protestant Memorial Medical Center Inc Self-Insurance Program 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Protestant Memorial Medical Center Inc Self-Insurance Program?
The Protestant Memorial Medical Center Inc. Self-Insurance Program is established with the primary objective of providing financial support for medical malpractice claims and related expenses. This program serves to protect Protestant Memorial Medical Center Inc., a related 501(c)(3) organization, from potential financial liabilities resulting from such claims. By managing these expenses through the self-insurance program, the medical center can mitigate potential financial risks associated with medical malpractice claims.
Who is the CEO of Protestant Memorial Medical Center Inc Self-Insurance Program?
Michael Mcmanus is the Director of Protestant Memorial Medical Center Inc Self-Insurance Program.
What is the revenue of Protestant Memorial Medical Center Inc Self-Insurance Program?
Protestant Memorial Medical Center Inc Self-Insurance Program's revenue in 2022 was -$142,351.
Who are the executives of Protestant Memorial Medical Center Inc Self-Insurance Program and what are their salaries?
Here are 19 key members and their salaries:
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- Related: $914,018
- Other: $11,555
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- Related: $577,525
- Other: $48,015
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- Other: $9,858
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- Related: $2,030,111
- Other: $169,827
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- Related: $276,203
- Other: $21,808
- Compensation: $0
- Related: $350,500
- Other: $37,642
Where can I find the form 990 for Protestant Memorial Medical Center Inc Self-Insurance Program?
Protestant Memorial Medical Center Inc Self-Insurance Program's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Protestant Memorial Medical Center Inc Self-Insurance Program
Protestant Memorial Medical Center Self-Insurance Program is a mission-driven entity established to provide financial support for medical malpractice claims and associated expenses. This program serves as a protective shield for Protestant Memorial Medical Center Inc., a related section 501(c)(3) organization. By funding these claims and expenses, the Self-Insurance Program ensures that the medical center can continue its operations without undue financial burden, thereby continuing to deliver healthcare services to its community.
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Impact
October, 2024
Protestant Memorial Medical Center Inc Self-Insurance Program plays a crucial role in managing financial risks associated with medical malpractice claims. By providing funding for these claims and associated expenses, the program ensures that the medical center can effectively mitigate potential legal challenges without jeopardizing its financial stability. This self-insurance approach allows the medical center to allocate resources efficiently, prioritizing patient care while maintaining a strong defense against claims.
Additionally, the program fosters a safer healthcare environment by promoting accountability and supporting risk management initiatives. By actively addressing malpractice claims, it encourages adherence to best practices and patient safety protocols within the organization. This not only protects the medical center's reputation but also enhances trust among patients and the community it serves.
Overall, the Protestant Memorial Medical Center Inc Self-Insurance Program is instrumental in safeguarding the institution's mission by enabling it to navigate the complexities of medical malpractice while focusing on delivering high-quality healthcare.
This information is meant to be a general summary of Protestant Memorial Medical Center Inc Self-Insurance Program. 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: -$142,351
- Gross Receipts: $4,673,146
Assets and Liabilities:
- Total Assets: $8,260,233
- Total Liabilities: $0
- Net Assets: $8,260,233
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Organization Details
Founding Year
1978
Phone
(618) 257-5602Principal Officer
Michael Mcmanus
Main Address
4500 MEMORIAL DRIVE, BELLEVILLE, IL, 622265399
NTEE Category
Code: Y20Z - Mutual benefit
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