Overview
What is Infirmary Health System Inc Insurance?
Infirmary Health System Inc Insurance, based in Birmingham, Alabama, is a trust fund established for the purpose of providing financial support for professional and comprehensive general patient liability claims. This nonprofit organization's mission is to cover claims losses and legal expenses associated with claims defense and settlement. Its primary role is to protect Infirmary Health System Inc from potential financial liabilities arising from patient care, ensuring the continuity of healthcare services.
Is Infirmary Health System Inc Insurance legitimate?
Infirmary Health System Inc Insurance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Infirmary Health System Inc Insurance 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: $947
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Infirmary Health System Inc Insurance?
The Infirmary Health System Inc's insurance trust has a primary mission to provide financial support for addressing professional and comprehensive general patient liability claims. This includes covering losses from claims, funding for legal expenses in defense and settlement cases. The objective is to ensure that necessary funds are available to manage such liabilities effectively. The trust's purpose ultimately aims to safeguard the organization from substantial financial burdens arising from patient-related lawsuits.
Who is the CEO of Infirmary Health System Inc Insurance?
Unavailable
What is the revenue of Infirmary Health System Inc Insurance?
Infirmary Health System Inc Insurance's revenue in 2023 was $30,002.
Who are the executives of Infirmary Health System Inc Insurance and what are their salaries?
There is 1 key member and their salary:
- Compensation: $947
- Related: $0
- Other: $0
Where can I find the form 990 for Infirmary Health System Inc Insurance?
Infirmary Health System Inc Insurance's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Infirmary Health System Inc Insurance
Infirmary Health System Inc's insurance trust, with the purpose of being referred to as the Trust of Infirmary Health System, Inc., is committed to providing financial support for professional and comprehensive general patient liability claims. This mission is aimed at covering the losses resulting from such claims, as well as the legal expenses associated with their defense and settlement. The Trust's role is pivotal in ensuring that the healthcare system can manage and mitigate the financial consequences of patient liability claims, thereby upholding its commitment to providing comprehensive care to its patients.
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Impact
October, 2024
Infirmary Health System Inc Insurance plays a crucial role in providing funding for professional and comprehensive general patient liability claims. By focusing on the settlement and defense of claims, it ensures that healthcare professionals within the Infirmary Health System can operate with a level of financial security. This support not only helps to manage claims losses but also facilitates a more robust healthcare environment in Birmingham, Alabama.
The organization's mission to cover legal expenses and claim settlements allows healthcare providers to maintain their focus on patient care, knowing that they have a reliable safety net in case of liability issues. In turn, this fosters trust among patients, as they can feel assured that the healthcare services they receive are backed by a system dedicated to addressing potential liabilities effectively. Overall, Infirmary Health System Inc Insurance significantly contributes to the professional stability and operational integrity of healthcare providers, ultimately benefiting the community it serves.
This information is meant to be a general summary of Infirmary Health System Inc Insurance. 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 2023.
- Investment Income: $30,002
- Gross Receipts: $30,002
Assets and Liabilities:
- Total Assets: $1,202,283
- Total Liabilities: $0
- Net Assets: $1,202,283
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Organization Details
Founding Year
1981
Phone
(205) 820-3141Main Address
P O BOX 11647, BIRMINGHAM, AL, 35202
NTEE Category
Code: Y20 - Mutual benefit
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