Overview
What is South Florida Physicans Excess Insuring Trust?
South Florida Physicians Excess Insuring Trust is a nonprofit organization situated in Miami, Florida. Its primary mission is to offer additional malpractice insurance coverage to members of the South Florida Ophthalmological Self Insuring Trust, specifically focusing on Ophthalmologists. This trust manages its operations from an office located at 19 W Flagler St STE 711, Miami, FL 33130. The trust's main activity revolves around providing financial protection for its members against potential medical malpractice liabilities.
Is South Florida Physicans Excess Insuring Trust legitimate?
South Florida Physicans Excess Insuring Trust is a legitimate nonprofit organization registered as a 501(c)(15) entity. South Florida Physicans Excess Insuring 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: $96,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of South Florida Physicans Excess Insuring Trust?
The South Florida Physicians Excess Insuring Trust serves a mission to offer additional malpractice insurance coverage as a self-insurance trust to its member Ophthalmologists based in South Florida. Its primary activity revolves around providing a safety net for its members against potential liability claims in their medical practice. The trust aims to shield its members from financial burden caused by unforeseen malpractice lawsuits, thereby ensuring they can continue delivering quality eye care services without undue financial strain. The trust's operations are focused on managing its members' insurance coverage needs, ensuring they have the necessary protection in the event of malpractice claims.
What is the revenue of South Florida Physicans Excess Insuring Trust?
South Florida Physicans Excess Insuring Trust's revenue in 2022 was $99,550.
Who are the executives of South Florida Physicans Excess Insuring Trust and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $24,000
- Related: $0
- Other: $0
- Compensation: $24,000
- Related: $0
- Other: $0
- Compensation: $24,000
- Related: $0
- Other: $0
Where can I find the form 990 for South Florida Physicans Excess Insuring Trust?
South Florida Physicans Excess Insuring Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of South Florida Physicans Excess Insuring Trust
South Florida Physicians Excess Insuring Trust, in essence, serves as a self-insurance trust for Ophthalmologists in the region of South Florida. Its primary mission is to offer excess or additional malpractice insurance coverage to its members, who are part of the South Florida Ophthalmological Self Insuring Trust. This organization plays a crucial role in protecting its members from potential financial losses due to malpractice claims, thereby providing them with peace of mind and enabling them to focus on delivering quality ophthalmological care. The South Florida Physicians Excess Insuring Trust manages the revenue and expenses related to this insurance coverage provision.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
South Florida Physicians Excess Insuring Trust significantly impacts the local medical community by offering specialized malpractice insurance to ophthalmologists in South Florida. By providing excess malpractice coverage, it helps safeguard the financial well-being of its members, allowing them to focus on delivering quality care without the constant worry of potential litigation. This security fosters a more stable healthcare environment, encouraging practitioners to innovate and provide advanced medical services.
Additionally, the Trust contributes to professional collaboration among ophthalmologists, enhancing their collective bargaining power in the insurance market. This support not only serves to lower insurance costs but also promotes a culture of safety and accountability within the field. Overall, the Trust plays a vital role in protecting both healthcare providers and patients, ensuring that ophthalmologists can operate confidently and effectively in their practice.
This information is meant to be a general summary of South Florida Physicans Excess Insuring 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: $27,894
- Program Service Revenue: $71,656
- Gross Receipts: $99,550
Assets and Liabilities:
- Total Assets: $2,401,103
- Total Liabilities: $650,750
- Net Assets: $1,750,353
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Earned Premiums
Revenue
$71,656
Program 2
Revenue
$0
Program 3
Revenue
$0
Program 4
Revenue
$0
Program 5
Revenue
$0
Organization Details
Founding Year
1985
Principal Officer
Burt Redlus
NTEE Category
Code: Z99 - Unknown
If you are a representative of South Florida Physicans Excess Insuring 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.