Rush University Medical Centers Self-Insurance Trust For Healthcar

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

EIN: 366673233 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Rush University Medical Centers Self-Insurance Trust For Healthcar?

Rush University Medical Centers Self-Insurance Trust for Healthcare is a trust based in Chicago, Illinois, specifically located at 1700 West Van Buren Street 265. Established to cater to the self-insurance needs of Rush University Medical Center, an exempt organization, the trust's primary mission is to provide financial security by managing risks arising from the medical center's operations. Through investment activities, the trust generates funds to ensure the medical center is financially protected in case of unforeseen circumstances related to its healthcare services.


Official website here: www.none

Is Rush University Medical Centers Self-Insurance Trust For Healthcar legitimate?

Rush University Medical Centers Self-Insurance Trust For Healthcar is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rush University Medical Centers Self-Insurance Trust For Healthcar 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.

Here 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


Official website here: www.none

What is the mission statement of Rush University Medical Centers Self-Insurance Trust For Healthcar?

The Rush University Medical Centers Self-Insurance Trust For Healthcare is committed to providing self-insurance funds for an exempt organization. Through its investment activities, the trust offers financial security for the medical center's risks arising from its operations. The trust's primary goal is to support the exempt organization by managing its insurance needs effectively. By providing these funds, the trust enables the organization to focus on delivering quality healthcare services to those in need. The trust's mission is to ensure the organization's financial stability, allowing it to continue its essential mission without distraction.


Official website here: www.none

What is the revenue of Rush University Medical Centers Self-Insurance Trust For Healthcar?

Rush University Medical Centers Self-Insurance Trust For Healthcar's revenue in 2022 was $32,897,425.


Official website here: www.none

Who are the executives of Rush University Medical Centers Self-Insurance Trust For Healthcar and what are their salaries?

There is 1 key member and their salary:

    The Northern Trust (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.none

    Where can I find the form 990 for Rush University Medical Centers Self-Insurance Trust For Healthcar?

    The Rush University Medical Centers Self-Insurance Trust For Healthcar’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.none

    Learn more at the official website: www.none

    Mission Statement of Rush University Medical Centers Self-Insurance Trust For Healthcar

    Rush University Medical Centers Self-Insurance Trust For Healthcare is a specialized entity dedicated to providing self-insurance funds for the risk management needs of Rush University Medical Center, an exempt organization. In simpler terms, the trust serves as a financial safety net, mitigating potential risks arising from the day-to-day operations of the medical center.

    The primary mission of Rush University Medical Centers Self-Insurance Trust For Healthcare is to ensure the financial security and stability of Rush University Medical Center. By assuming the self-insurance risks, the trust enables the medical center to focus on its core mission - delivering exceptional healthcare services to its patients and the community. The trust's activities are geared towards generating investment income to provide these self-insurance funds.

    The trust's role is pivotal in supporting Rush University Medical Center's exempt status. By providing self-insurance funds, the trust allows the medical center to allocate its resources more efficiently towards its primary mission - improving the health and well-being of patients, rather than setting aside large funds for contingencies. The trust's operations are solely focused on fulfilling this important function, making it an indispensable component of Rush University Medical Center's financial infrastructure.

    Impact

    This information is meant to be a general summary of Rush University Medical Centers Self-Insurance Trust For Healthcar. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The impact of Rush University Medical Centers Self-Insurance Trust For Healthcare is significant in terms of providing self-insurance funds to cover risks associated with the operation of Rush University Medical Center in Chicago, IL. By efficiently managing investments and financial resources, the trust plays a crucial role in ensuring the financial stability and security of the medical center. The trust's activities directly contribute to safeguarding the organization against potential liabilities and unforeseen circumstances, ultimately supporting the delivery of quality healthcare services to the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $3,897,425
  • Program Service Revenue: $29,000,000
  • Gross Receipts: $147,253,738

    • Assets and Liabilities:
  • Total Assets: $183,033,993
  • Total Liabilities: $10,698,244
  • Net Assets: $172,335,749
  • Programs

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

    Funding of the Trust

    Revenue

    $29,000,000

    Organization Details

    Founding Year

    1982

    Main Address

    1700 West Van Buren Street 265, Chicago, IL, 60612

    Website

    www.none

    NTEE Category

    Code: Y20 - Mutual benefit

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