Overview
What is Millcreek Health System Medical Professional Liability Self-Ins Trust?
Millcreek Health System Medical Professional Liability Self-Ins Trust is a nonprofit organization located at 5515 Peach Street, Erie, Pennsylvania. Its primary mission is to offer mandatory professional liability coverage to affiliated organizations that have tax-exempt status under Section 501(C)(3). During the fiscal year ending June 30, 2022, the Trust paid $1,010,000 in liability claims. This coverage is essential in protecting these organizations from potential legal issues that may arise in their medical practices. The Trust plays a crucial role in ensuring the continuity and success of these exempt organizations by providing them with necessary liability protection.
Official website here: www.millcreekcommunityhospital.com
Is Millcreek Health System Medical Professional Liability Self-Ins Trust legitimate?
Millcreek Health System Medical Professional Liability Self-Ins Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Millcreek Health System Medical Professional Liability Self-Ins Trust 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
Official website here: www.millcreekcommunityhospital.com
What is the mission statement of Millcreek Health System Medical Professional Liability Self-Ins Trust?
The Millcreek Health System Medical Professional Liability Self-Ins Trust's mission is centered around providing mandatory professional liability coverage to organizations that fall under the exemption category of Section 501(C)(3). This safety net ensures these affiliated organizations are protected from potential liability claims, thereby maintaining their operational continuity. During the fiscal year ending June 30, 2022, the trust paid out $1,010,000 in liability claims, showcasing its commitment to fulfilling its purpose.
Official website here: www.millcreekcommunityhospital.com
Who is the CEO of Millcreek Health System Medical Professional Liability Self-Ins Trust?
John M Ferretti Do is the President/Ceo of Millcreek Health System Medical Professional Liability Self-Ins Trust. The CEO's salary of Millcreek Health System Medical Professional Liability Self-Ins Trust is $0 and their total compensation is $1,143,040.
Official website here: www.millcreekcommunityhospital.com
What is the revenue of Millcreek Health System Medical Professional Liability Self-Ins Trust?
Millcreek Health System Medical Professional Liability Self-Ins Trust's revenue in 2022 was $1,942,066.
Official website here: www.millcreekcommunityhospital.com
Who are the executives of Millcreek Health System Medical Professional Liability Self-Ins Trust and what are their salaries?
There 3 volunteers at Millcreek Health System Medical Professional Liability Self-Ins Trust.
Here are 9 key members and their salaries (Millcreek Health System Medical Professional Liability Self-Ins Trust's CEO's salary is $0 and their total compensation is $1,143,040):
- Compensation: $0
- Related: $1,113,801
- Other: $29,239
- Compensation: $0
- Related: $316,961
- Other: $34,354
- Compensation: $0
- Related: $664,228
- Other: $24,263
- Compensation: $0
- Related: $89,881
- Other: $7,190
- Compensation: $0
- Related: $1,800
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,381,070
- Other: $29,114
- Compensation: $0
- Related: $285,044
- Other: $29,818
Official website here: www.millcreekcommunityhospital.com
Where can I find the form 990 for Millcreek Health System Medical Professional Liability Self-Ins Trust?
Millcreek Health System Medical Professional Liability Self-Ins Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.millcreekcommunityhospital.com
Learn more at the official website: www.millcreekcommunityhospital.com
Mission Statement of Millcreek Health System Medical Professional Liability Self-Ins Trust
Millcreek Health System Medical Professional Liability Self-Ins Trust is a non-profit organization with a specific mission. It aims to provide mandatory professional liability coverage to affiliated organizations that fall under Section 501(C)(3). This means that Millcreek Health System offers protection against potential legal claims related to medical malpractice or professional negligence to eligible non-profit organizations. During the fiscal year ending June 30, 2022, the trust paid out a total of $1,010,000 in liability claims, demonstrating its commitment to fulfilling its mission. By offering this essential service, Millcreek Health System Medical Professional Liability Self-Ins Trust helps to safeguard the financial well-being of its affiliated organizations, enabling them to focus on their primary missions without the burden of liability concerns.
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Impact
October, 2024
Millcreek Health System Medical Professional Liability Self-Ins Trust plays a vital role in providing mandatory professional liability coverage for affiliated organizations. By ensuring that these organizations are protected against potential liability claims, the Trust helps to maintain the stability and sustainability of healthcare services within the community.
In the fiscal year ending June 30, 2022, the Trust reported a total of $1,010,000 paid in liability claims. This significant figure underscores the importance of such coverage, as it not only mitigates financial risks for healthcare providers but also enhances their ability to focus on delivering quality care without the looming fear of substantial financial repercussions from malpractice suits.
Ultimately, the Trust's work fosters a safer environment for both healthcare professionals and the patients they serve, contributing positively to the overall health landscape in Erie, PA.
This information is meant to be a general summary of Millcreek Health System Medical Professional Liability Self-Ins Trust. 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: $1,942,066
- Gross Receipts: $1,942,066
Assets and Liabilities:
- Total Assets: $22,939,503
- Total Liabilities: $0
- Net Assets: $22,939,503
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Organization Details
Founding Year
2003
Phone
(814) 864-4031Principal Officer
John M Ferretti Do
Main Address
5515 PEACH STREET, ERIE, PA, 16509
NTEE Category
Code: E80 - Health
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