Overview
What is Variety Children's Hospital Professional Liability Trust?
Variety Children's Hospital Professional Liability Trust is a specialized fund established to support Nicklaus Children's Hospital in managing and covering the expenses associated with professional liability claims. This trust operates based on actuarial estimates of anticipated professional liability claims against the hospital. The trust's primary mission is to empower Nicklaus Children's Hospital to handle and finance these claims effectively, ensuring uninterrupted healthcare services for its patients.
Official website here: www.nicklauschildrens.org
Is Variety Children's Hospital Professional Liability Trust legitimate?
Variety Children's Hospital Professional Liability Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Variety Children's Hospital Professional Liability 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.nicklauschildrens.org
What is the mission statement of Variety Children's Hospital Professional Liability Trust?
The Variety Children's Hospital Professional Liability Trust was established with a mission to enable Nicklaus Children's Hospital to cover and settlement costs associated with professional liability claims. This trust operates based on actuarial estimates of expected professional liability claims. Its primary function is to provide financial support to Nicklaus Children's Hospital during such legal proceedings, ensuring the hospital's ability to continue its operations and provide necessary care to its patients.
Official website here: www.nicklauschildrens.org
Who is the CEO of Variety Children's Hospital Professional Liability Trust?
Unavailable The CEO's salary of Variety Children's Hospital Professional Liability Trust is $0 and their total compensation is $1,110,278.
Official website here: www.nicklauschildrens.org
What is the revenue of Variety Children's Hospital Professional Liability Trust?
Variety Children's Hospital Professional Liability Trust's revenue in 2020 was $11,493.
Official website here: www.nicklauschildrens.org
Who are the executives of Variety Children's Hospital Professional Liability Trust and what are their salaries?
There 13 volunteers at Variety Children's Hospital Professional Liability Trust.
Here are 24 key members and their salaries (Variety Children's Hospital Professional Liability Trust's CEO's salary is $0 and their total compensation is $1,110,278):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $389,033
- Other: $20,250
- Compensation: $0
- Related: $538,755
- Other: $10,282
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $906,180
- Other: $204,098
- Compensation: $0
- Related: $446,811
- Other: $71,411
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $305,901
- Other: $27,668
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $286,156
- Other: $23,729
- Compensation: $0
- Related: $423,463
- Other: $65,573
- Compensation: $0
- Related: $382,573
- Other: $80,301
- Compensation: $0
- Related: $258,221
- Other: $0
- Compensation: $0
- Related: $1,178,819
- Other: $0
Official website here: www.nicklauschildrens.org
Where can I find the form 990 for Variety Children's Hospital Professional Liability Trust?
Variety Children's Hospital Professional Liability Trust's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.nicklauschildrens.org
Learn more at the official website: www.nicklauschildrens.org
Mission Statement of Variety Children's Hospital Professional Liability Trust
Variety Children's Hospital Professional Liability Trust, in essence, was established with a specific objective. This objective revolves around enabling Nicklaus Children's Hospital to cover and settle professional liability claims against the hospital itself. The trust operates based on actuarial estimates of anticipated professional liability claims, ensuring financial stability and protection for the hospital in the face of such claims. The trust serves as a crucial safeguard, enabling Nicklaus Children's Hospital to continue its vital work without undue financial burden due to professional liability claims.
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Impact
October, 2024
Variety Children's Hospital Professional Liability Trust plays a crucial role in the financial stability and operational effectiveness of Nicklaus Children's Hospital (NCH). By providing a dedicated fund to cover professional liability claims, the Trust ensures that the hospital can manage the potential financial burdens associated with legal claims, thereby safeguarding its resources and focus on patient care.
The Trust is designed based on actuarial estimates, which allows for strategic planning and management of expected claims. This foresight significantly reduces the risk of financial strain on the hospital, enabling NCH to maintain high standards of care for its patients. By covering these liabilities, the Trust contributes to a stable environment where medical professionals can operate with greater assurance, promoting both innovation and excellence in pediatric healthcare.
In summary, the Variety Children's Hospital Professional Liability Trust serves as a vital protective measure, allowing Nicklaus Children's Hospital to allocate more resources towards enhancing patient care and improving healthcare outcomes, free from the uncertainties associated with professional liability claims.
This information is meant to be a general summary of Variety Children's Hospital Professional Liability 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 2020.
- Investment Income: $11,493
- Gross Receipts: $11,587
Assets and Liabilities:
- Total Assets: $837,787
- Total Liabilities: $0
- Net Assets: $837,787
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Organization Details
Founding Year
1984
Phone
(305) 666-6511Main Address
3100 SW 62nd Avenue, Miami, FL, 331553009
Website
www.nicklauschildrens.orgIf you are a representative of Variety Children's Hospital Professional Liability Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.