Overview
What is University Of South Alabama Professional Liability Trust Fund?
The University of South Alabama Professional Liability Trust Fund is a nonprofit organization situated in Mobile, Alabama. Its main objective is to offer risk management services for sponsoring tax-exempt entities. This includes educating their employees in various medical procedures to prevent potential liabilities and handling actual liabilities that arise. The trust fund's mission is to ensure the well-being and protection of these entities by providing them with essential risk management support.
Is University Of South Alabama Professional Liability Trust Fund legitimate?
University Of South Alabama Professional Liability Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of South Alabama Professional Liability Trust Fund 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: $241,936
For more financial information, click here
What is the mission statement of University Of South Alabama Professional Liability Trust Fund?
The University of South Alabama Professional Liability Trust Fund's mission is to offer risk management services benefiting sponsoring tax-exempt entities. This involves providing educational resources to their employees, specifically focusing on medical procedures, to lower the likelihood of liability and managing actual incurred liabilities.
Who is the CEO of University Of South Alabama Professional Liability Trust Fund?
Constance G Cook is the Director of University Of South Alabama Professional Liability Trust Fund.
What is the revenue of University Of South Alabama Professional Liability Trust Fund?
University Of South Alabama Professional Liability Trust Fund's revenue in 2022 was $10,520,039.
Who are the executives of University Of South Alabama Professional Liability Trust Fund and what are their salaries?
Here are 14 key members and their salaries:
- Compensation: $0
- Related: $644,992
- Other: $94,423
- Compensation: $0
- Related: $682,700
- Other: $45,759
- Compensation: $0
- Related: $491,244
- Other: $58,059
- Compensation: $0
- Related: $518,272
- Other: $25,466
- Compensation: $0
- Related: $419,046
- Other: $27,736
- Compensation: $0
- Related: $327,535
- Other: $70,053
- Compensation: $0
- Related: $322,178
- Other: $54,003
- Compensation: $0
- Related: $308,001
- Other: $52,945
- Compensation: $0
- Related: $274,771
- Other: $48,299
- Compensation: $0
- Related: $292,767
- Other: $27,411
- Compensation: $0
- Related: $261,278
- Other: $46,696
- Compensation: $0
- Related: $242,918
- Other: $44,641
- Compensation: $0
- Related: $116,192
- Other: $32,120
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for University Of South Alabama Professional Liability Trust Fund?
University Of South Alabama Professional Liability Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of University Of South Alabama Professional Liability Trust Fund
The University of South Alabama Professional Liability Trust Fund is committed to providing risk management services for the benefit of sponsoring tax-exempt entities. This nonprofit organization focuses on educating the employees of these entities, especially in the area of medical procedures, to help them avoid potential liabilities. Furthermore, the Trust Fund also takes responsibility for processing any liabilities that its sponsored entities may incur during their operations. By offering these services, the University of South Alabama Professional Liability Trust Fund aims to support the overall operations of its affiliated tax-exempt entities, ensuring their smooth functioning and minimizing any potential legal issues.
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Impact
October, 2024
The University of South Alabama Professional Liability Trust Fund significantly enhances risk management for sponsoring tax-exempt entities, particularly in the educational sector. By providing essential risk management services, it helps organizations mitigate potential liabilities associated with medical procedures and other professional activities.
One of the key impacts of this fund is the education it offers to employees of these entities. Training programs focus on best practices to avoid liability, equipping staff with the knowledge needed to navigate complex medical and professional environments. This proactive approach not only helps in reducing the occurrence of mistakes that could lead to liability claims but also fosters a culture of safety and accountability among employees.
Moreover, the Trust Fund plays a critical role in processing actual liabilities incurred, ensuring that entities are supported during challenging situations. This service is vital for sustaining the operations of tax-exempt organizations, allowing them to focus on their core missions without being overwhelmed by unforeseen legal and financial challenges. Overall, the University of South Alabama Professional Liability Trust Fund serves as a crucial resource, bolstering the stability and effectiveness of educational and medical institutions in the region.
This information is meant to be a general summary of University Of South Alabama Professional Liability Trust Fund. 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: $2,057,708
- Program Service Revenue: $8,462,331
- Gross Receipts: $23,397,191
Assets and Liabilities:
- Total Assets: $46,586,944
- Total Liabilities: $0
- Net Assets: $46,586,944
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INSURANCE PREMIUMS
Revenue
$8,462,331
Organization Details
Founding Year
1985
Phone
(251) 460-6232Principal Officer
Constance G Cook
Main Address
5795 USA DRIVE N STE 312, MOBILE, AL, 36688
NTEE Category
Code: Y20 - Mutual benefit
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