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Dignity Health Insurance Of Nevada Ltd

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

EIN: 813800752 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is Dignity Health Insurance Of Nevada Ltd?

Dignity Health Insurance Of Nevada Ltd, based in San Francisco, California, is an administrative entity established by Dignity Health, a related charitable healthcare organization. Its primary function involves managing professional and captive insurance programs for affiliated charitable healthcare organizations. This is done through a captive insurance company, Dignity Health Insurance of Nevada, which was established in Nevada as part of a strategic business and risk management approach. The captive insurance company provides direct indemnification agreements for losses incurred by various affiliated companies, serving as a tool to participate in insurance placement when needed at each renewal.

Is Dignity Health Insurance Of Nevada Ltd legitimate?

Dignity Health Insurance Of Nevada Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dignity Health Insurance Of Nevada Ltd 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

What is the mission statement of Dignity Health Insurance Of Nevada Ltd?

Dignity Health Insurance Of Nevada Ltd's mission is centered around the administration of insurance programs for affiliated charitable healthcare organizations. In particular, it manages a captive insurance program, aimed at providing direct indemnification agreements for losses incurred by these affiliated entities. This captive insurance company, Dignity Health Insurance Of Nevada Ltd, serves as a strategic tool, participating in the insurance placement whenever needed at each renewal, as part of a planned business and risk management approach. The primary purpose is to provide protection and financial security for the affiliated organizations.

Who is the CEO of Dignity Health Insurance Of Nevada Ltd?

Daniel Morissette is the Director of Dignity Health Insurance Of Nevada Ltd.

What is the revenue of Dignity Health Insurance Of Nevada Ltd?

Dignity Health Insurance Of Nevada Ltd's revenue in 2021 was $1,640.

Who are the executives of Dignity Health Insurance Of Nevada Ltd and what are their salaries?

There 5 volunteers at Dignity Health Insurance Of Nevada Ltd.


Here are 5 key members and their salaries:


Marvin O'Quinn (Director)
  • Compensation: $0
  • Related: $4,820,055
  • Other: $596,720
Daniel J Morissette Cpa (Director/ Treasurer)
  • Compensation: $0
  • Related: $3,318,389
  • Other: $416,464
Robert Wiebe Md (Director/ Secretary)
  • Compensation: $0
  • Related: $2,786,352
  • Other: $377,490
Ellen Charnley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Hyer Op (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Dignity Health Insurance Of Nevada Ltd?

Dignity Health Insurance Of Nevada Ltd's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Dignity Health Insurance Of Nevada Ltd

Dignity Health Insurance Of Nevada Ltd, a specialized organization, is dedicated to managing insurance programs for affiliated charitable healthcare organizations. In essence, its mission is to administer a captive insurance program, providing direct indemnification agreements to cover losses incurred by various associated companies. This captive insurance company, Dignity Health Insurance of Nevada Ltd, serves as a strategic tool in risk management, participating in insurance placements as needed at each renewal. The primary objective is to offer financial protection to the affiliated healthcare organizations, thereby ensuring their continued operation and service to the community.

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Impact




October, 2024

Dignity Health Insurance Of Nevada Ltd plays a crucial role in the healthcare landscape by providing a specialized administrative framework for affiliated charitable healthcare organizations. Its primary function is to manage and operate captive insurance programs, designed specifically to support these organizations with effective risk management strategies.

By establishing a captive insurance company in Nevada, Dignity Health Insurance facilitates direct indemnification agreements to cover losses sustained by its affiliated entities. This approach not only mitigates potential financial risks associated with healthcare operations but also enhances the resilience of these organizations in an ever-evolving healthcare environment.

The strategic use of captive insurance allows Dignity Health to participate in insurance placements, ensuring that necessary coverage is maintained at each renewal. This proactive management contributes to the overall stability and sustainability of healthcare services provided by the affiliated organizations, ultimately benefiting the communities they serve.




This information is meant to be a general summary of Dignity Health Insurance Of Nevada Ltd. 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
$1,640 (2021)
Expenses
$9,323,231 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $1,640
  • Gross Receipts: $1,640

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

2016

Principal Officer

Daniel Morissette

Main Address

185 BERRY STREET NO 200, SAN FRANCISCO, CA, 941071777

NTEE Category

Code: E11 - Health

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