Overview
What is Self Insurance Trust Agreement Of Wheeling Hospital?
The Self Insurance Trust Agreement of Wheeling Hospital is a financial arrangement established to manage funds received by the hospital. Its primary function is to invest the collected funds and cover any claims related to the hospital's self-insurance program, as well as the associated defense costs. This trust does not provide direct services to the hospital's program but serves as a financial intermediary, ensuring the financial security of the hospital by managing its insurance claims and defense expenses.
Is Self Insurance Trust Agreement Of Wheeling Hospital legitimate?
Self Insurance Trust Agreement Of Wheeling Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Self Insurance Trust Agreement Of Wheeling Hospital 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 Self Insurance Trust Agreement Of Wheeling Hospital?
The Self Insurance Trust Agreement of Wheeling Hospital does not offer direct services. Its primary role is to manage the funds it receives, investing them wisely, and utilizing them to cover any claims against the hospital and the associated defense costs. The Trust's purpose is purely financial, focusing on financial management and claim payment responsibilities. It does not provide any healthcare or other services to the hospital's self-insurance program.
Who is the CEO of Self Insurance Trust Agreement Of Wheeling Hospital?
William Bane is the Board Member, Vice Chair of Self Insurance Trust Agreement Of Wheeling Hospital.
What is the revenue of Self Insurance Trust Agreement Of Wheeling Hospital?
Self Insurance Trust Agreement Of Wheeling Hospital's revenue in 2022 was $0.
Who are the executives of Self Insurance Trust Agreement Of Wheeling Hospital and what are their salaries?
Here are 11 key members and their salaries:
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- Related: $2,323,142
- Other: $384,491
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Where can I find the form 990 for Self Insurance Trust Agreement Of Wheeling Hospital?
Self Insurance Trust Agreement Of Wheeling Hospital's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Self Insurance Trust Agreement Of Wheeling Hospital
The Self Insurance Trust Agreement of Wheeling Hospital is primarily focused on managing financial investments. It receives funds and utilizes them to cover any claims related to the hospital and the associated costs of defense. This nonprofit organization does not provide direct services to the hospital's self-insurance program; instead, its role is limited to investing the funds it receives and paying out covered claims and defense costs when necessary.
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Impact
October, 2024
The Self Insurance Trust Agreement of Wheeling Hospital plays a crucial role in managing the financial risks associated with the hospital's operations. By investing the funds it receives, the Trust ensures that there are adequate resources available to cover potential claims against the hospital. This proactive approach allows the hospital to address liabilities effectively, contributing to its financial stability and sustainability.
Additionally, the Trust’s capacity to pay for claims and the cost of legal defense mitigates the financial uncertainty that can arise from unforeseen events. This assurance not only protects the hospital's assets but also enhances its reputation among patients and the community as a financially responsible institution. The Trust serves as a key component in the hospital's risk management strategy, providing peace of mind that there is a dedicated source of funding to address claims while enabling the hospital to focus on its core mission of delivering healthcare services. Through its investment activities, the Trust fosters a stable financial environment, which ultimately benefits both the hospital and the broader community it serves.
This information is meant to be a general summary of Self Insurance Trust Agreement Of Wheeling Hospital. 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.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1989
Principal Officer
William Bane
Main Address
1 Medical Park, Wheeling, WV, 26003
NTEE Category
Code: Y20 - Mutual benefit
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