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THE COMPANY IS A NON-PROFIT SPONSORED CAPTIVE INSURANCE COMPANY ORGANIZED AND OPERATED EXCLUSIVELY FOR THE CHARITABLE PURPOSES FOR THE BENEFIT OF ITS MEMBER ORGANIZATIONS. THE CORPORATION SERVES AS AN INTEGRAL PART OF AND FURTHERS THE EXEMPT PURPOSES OF its members, charitable HOSPITALS and RELATED healthcare organizations BY PROVIDING "SELF-INSURANCE" PROFESSIONAL LIABILITY COVERAGE FOR CERTAIN HOSPITALS AND HEALTHCARE ENTITIES DESCRIBED IN IRC SECTION 501(C)(3). THE MEMBERS ARE MAIN LINE HOSPITALS, INC., Riddle Memorial Hospital, THOMAS JEFFERSON UNIVERSITY HOSPITALS, INC., AND Magee REHABILITATION HOSPITAL.
Source: IRS Form 990 (Tax Year 2023)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2022
Total Revenue
▼$135.4M
Program Spending
99%
of total expenses go to program services
Total Contributions
$0
Total Expenses
▼$139M
Total Assets
$393.1M
Total Liabilities
▼$320M
Net Assets
$73.1M
Officer Compensation
→N/A
Other Salaries
N/A
Investment Income
$5.7M
Fundraising
▼N/A
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2022 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: SOUNK
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023 | $135.4M | $0 | $139M | $393.1M | $73.1M |
| 2022IRS e-File | $135.4M | $0 | $139M | $393.1M | $73.1M |
| 2021 | $45.8M | $0 | $46.3M | $241.9M | $58M |
| 2020 | $42.4M | $0 | $30.2M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | DataIRS e-File | |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2022)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2022)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Peter L Deangelis Jr | Director, Treasurer (through 3/31/23) | 1 | $0 | $2.2M | $230.3K | $2.4M |
| Michael J Buongiorno | Director, Chairman | 1 | $0 | $949.1K | $161.6K | $1.1M |
| Alfred C Salvato | Chief Investment Officer | 1 | $0 | $988.4K | $59.9K | $1M |
| Brian T Corbett | Director, Secretary | 1 | $0 | $720.7K | $151K | $871.7K |
| Dianne P Salter | Director, President | 10 | $0 | $436.7K | $28.1K | $464.8K |
| John Mordach | Director, Treasurer (beginning 6/29/23) | 1 | $0 | $0 | $0 | $0 |
| Courtney Doherty | Assistant Secretary (beginning 7/1/22) | 1 | $0 | $0 | $0 | $0 |
Peter L Deangelis Jr
Director, Treasurer (through 3/31/23)
$2.4M
Hrs/Wk
1
Compensation
$0
Related Orgs
$2.2M
Other
$230.3K
Michael J Buongiorno
Director, Chairman
$1.1M
Hrs/Wk
1
Compensation
$0
Related Orgs
$949.1K
Other
$161.6K
Alfred C Salvato
Chief Investment Officer
$1M
Hrs/Wk
1
Compensation
$0
Related Orgs
$988.4K
Other
$59.9K
Brian T Corbett
Director, Secretary
$871.7K
Hrs/Wk
1
Compensation
$0
Related Orgs
$720.7K
Other
$151K
Dianne P Salter
Director, President
$464.8K
Hrs/Wk
10
Compensation
$0
Related Orgs
$436.7K
Other
$28.1K
John Mordach
Director, Treasurer (beginning 6/29/23)
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Courtney Doherty
Assistant Secretary (beginning 7/1/22)
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Edmund D Pribitkin | Director | 1 | $0 | $1.4M | $194.9K | $1.6M |
| John J Lynch Iii | Director | 1 | $0 | $2M | $597.3K | $2.6M |
| Kirk E Gorman | Director | 1 | $0 | $0 | $0 | $0 |
| Lisa Ramthun |
Edmund D Pribitkin
Director
$1.6M
Hrs/Wk
1
Compensation
$0
Related Orgs
$1.4M
Other
$194.9K
John J Lynch Iii
Director
$2.6M
Hrs/Wk
1
Compensation
$0
Related Orgs
$2M
Other
$597.3K
Kirk E Gorman
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $212.9M |
| $58.1M |
| 2019 | $38.5M | $0 | $25.2M | $220M | $66.3M |
| 2018 | $39.4M | $0 | $16.3M | $217M | $68.7M |
| 2017 | $38M | $0 | $19.5M | $204.8M | $69.7M |
| 2016 | $67.7M | $0 | $12.6M | $203.4M | $64.8M |
| 2015 | $64M | $0 | $29.1M | $253.9M | $98M |
| 2014 | $67M | $0 | $28.5M | $273.2M | $114.4M |
| 2013 | $66.5M | $0 | $26M | $271.2M | $104.3M |
| 2012 | $64M | $0 | $32.2M | $268M | $82.9M |
| 2011 | $59.8M | $0 | $35.7M | $260.6M | $77.1M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| Director |
| 1 |
| $0 |
| $352.2K |
| $47.7K |
| $399.9K |
| Michael B Walsh | Director | 1 | $0 | $817.7K | $34.9K | $852.7K |
Lisa Ramthun
Director
$399.9K
Hrs/Wk
1
Compensation
$0
Related Orgs
$352.2K
Other
$47.7K
Michael B Walsh
Director
$852.7K
Hrs/Wk
1
Compensation
$0
Related Orgs
$817.7K
Other
$34.9K