South Florida Dentists Self-Insurance Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 596898357 ✦ Miami, FL ✦ Designated as a 501(c)(15)

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Overview

What is South Florida Dentists Self-Insurance Trust?

The South Florida Dentists Self-Insurance Trust is a specialized organization based in Miami, Florida. Its primary mission is to offer medical malpractice insurance coverage to licensed dentists practicing in select counties, including Dade, Broward, Collier, Monroe, and Palm Beach. This self-insurance trust serves as a protective shield for its members, providing them with primary coverage against potential malpractice claims. The trust's operations are limited to dentists who hold valid licenses from the State of Florida.

Is South Florida Dentists Self-Insurance Trust legitimate?

South Florida Dentists Self-Insurance Trust is a legitimate nonprofit organization registered as a 501(c)(15) entity. South Florida Dentists Self-Insurance 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: $6,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of South Florida Dentists Self-Insurance Trust?

The South Florida Dentists Self-Insurance Trust serves a specific mission by offering primary malpractice coverage to licensed dentists in certain Florida counties. This organization, limited to dental professionals in Dade, Broward, Collier, Monroe, and Palm Beach Counties, operates as a self-insurance trust. Its primary activity is to provide medical malpractice insurance coverage to its members, ensuring financial protection for the dentists under its umbrella. By doing so, the South Florida Dentists Self-Insurance Trust contributes to maintaining the professional and legal security of its dentist members.

Who is the CEO of South Florida Dentists Self-Insurance Trust?

Scott Ross is the President of South Florida Dentists Self-Insurance Trust.

What is the revenue of South Florida Dentists Self-Insurance Trust?

South Florida Dentists Self-Insurance Trust's revenue in 2022 was $71,959.

Who are the executives of South Florida Dentists Self-Insurance Trust and what are their salaries?


Here are 6 key members and their salaries:


Scott Ross (President)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Olin Mckenzie (Vice President)
  • Compensation: $500
  • Related: $0
  • Other: $0
Stephen Morrow (Treasurer)
  • Compensation: $1,000
  • Related: $0
  • Other: $0
Jorge Centurion (Secretary)
  • Compensation: $1,000
  • Related: $0
  • Other: $0
Rita Durgham (Trustee)
  • Compensation: $750
  • Related: $0
  • Other: $0
Osvaldo Mayoral (Trustee)
  • Compensation: $1,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for South Florida Dentists Self-Insurance Trust?

South Florida Dentists Self-Insurance Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of South Florida Dentists Self-Insurance Trust

The South Florida Dentists Self-Insurance Trust, as the name suggests, is a self-insurance trust primarily focused on providing dental malpractice coverage. This organization extends its services to dentists who are licensed in the state of Florida and practice within specific counties, including Dade, Broward, Collier, Monroe, and Palm Beach. The South Florida Dentists Self-Insurance Trust operates on a membership-based system, limiting its coverage to those who meet its eligibility criteria. The trust's main activity revolves around providing primary malpractice insurance, ensuring financial protection and peace of mind for its member dentists.

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Impact




October, 2024

The South Florida Dentists Self-Insurance Trust plays a crucial role in the professional landscape for dentists in the region by providing tailored malpractice insurance coverage. By offering primary malpractice insurance to licensed dentists in Dade, Broward, Collier, Monroe, and Palm Beach Counties, the Trust fosters a sense of security and financial protection for its members. This reduces individual risk and enhances the stability of dental practices, allowing dentists to focus more on patient care rather than the potential liabilities associated with their profession.

Additionally, the Trust promotes mutual benefit among its members, creating a collective safety net that can lead to lower costs and more favorable terms compared to traditional insurance options. Through its operations, the South Florida Dentists Self-Insurance Trust not only safeguards individual practitioners but also contributes to the overall confidence and integrity of the dental profession in South Florida.




This information is meant to be a general summary of South Florida Dentists Self-Insurance 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.

Revenue
$71,959 (2022)
Expenses
$79,689 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,326
  • Program Service Revenue: $65,633
  • Gross Receipts: $71,959

Assets and Liabilities:

  • Total Assets: $1,218,826
  • Total Liabilities: $308,750
  • Net Assets: $910,076

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Earned Premiums

Revenue

$65,633

Organization Details

Founding Year

1986

Principal Officer

Scott Ross

Main Address

19 W FLAGLER ST STE 711, Miami, FL, 33130

NTEE Category

Code: Y20 - Mutual benefit

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