Ascension Health Alliance Professional & General Liability Self-Insurance T Rust

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

EIN: 367046706 ✦ St louis, MO ✦ Designated as a 501(c)(3)

Overview

What is Ascension Health Alliance Professional & General Liability Self-Insurance T Rust?

Ascension Health Alliance Professional & General Liability Self-Insurance Trust, referred to as "Trust," is a self-insurance program established to manage the funding for claims arising from liability coverage for the tax-exempt member organizations affiliated with Ascension Health Alliance. The Trust, sponsored by the tax-exempt entity Ascension Health Alliance, receives contributions from covered entities and uses those funds to pay for claims and administrative expenses. Rooted in the loving ministry of Jesus as a healer, Ascension Health Alliance is committed to serving all individuals, particularly those who are poor and vulnerable. Their mission is centered on spiritually-driven, holistic care that sustains and improves health for individuals and communities. The Trust's operations align with Ascension Health Alliance's dedication to advocating for a compassionate and just society.


Is Ascension Health Alliance Professional & General Liability Self-Insurance T Rust legitimate?

Ascension Health Alliance Professional & General Liability Self-Insurance T Rust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ascension Health Alliance Professional & General Liability Self-Insurance T Rust 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


What is the mission statement of Ascension Health Alliance Professional & General Liability Self-Insurance T Rust?
What is the revenue of Ascension Health Alliance Professional & General Liability Self-Insurance T Rust?
Who are the executives of Ascension Health Alliance Professional & General Liability Self-Insurance T Rust and what are their salaries?
Where can I find the form 990 for Ascension Health Alliance Professional & General Liability Self-Insurance T Rust?

Mission Statement of Ascension Health Alliance Professional & General Liability Self-Insurance T Rust

Ascension Health Alliance Professional & General Liability Self-Insurance T Rust, rooted in the loving ministry of Jesus as a healer, is a Catholic health ministry committed to serving all persons with special attention to those who are poor and vulnerable. This organization's mission is spiritually-centered and holistic, aiming to sustain and improve the health of individuals and communities. Ascension Health Alliance goes beyond traditional healthcare, advocating for a compassionate and just society through its actions and words. The team at Ascension Health Alliance receives, holds, and invests contributions, ensuring the resources are available to fulfill their mission effectively. By committing themselves to the loving ministry of Jesus, they uphold the values of spiritual care, compassion, and holistic health. They prioritize the needs of underserved communities and provide a safety net for those in need. Ascension Health Alliance's dedication extends beyond healthcare, as they advocate for a more equitable and compassionate society.

Impact

This information is meant to be a general summary of Ascension Health Alliance Professional & General Liability Self-Insurance T Rust. 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 Ascension Health Alliance Professional & General Liability Self-Insurance T Rust lies in its role in maintaining the self-insurance funding for the payment of claims arising against liability coverage for tax-exempt member organizations of the sponsors of Ascension Health Alliance. By receiving participant contributions from covered entities and disbursing claims and administrative expenses, the Trust ensures that these organizations receive the necessary support in managing liabilities related to their services. This allows tax-exempt entities to focus on their mission of providing spiritually-centered, holistic care to individuals and communities in need, in alignment with the values of the Catholic health ministry. Through its operations, the Trust contributes to the sustainability and effectiveness of these beneficiary organizations, ultimately supporting their efforts to serve those who are poor and vulnerable.





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: $17,285,190
  • Program Service Revenue: $255,839,524
  • Gross Receipts: $273,124,714

    • Assets and Liabilities:
  • Total Assets: $585,359,320
  • Total Liabilities: $666,432,573
  • Net Assets: -$81,073,253
  • Programs

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

    PARTICIPANT CONTRIBUTION

    Revenue

    $255,839,524

    Organization Details

    Founding Year

    1983

    Main Address

    C/O TAX DEPARTMENT PO BOX 45998, St Louis, MO, 631455998

    NTEE Category

    Code: Y20 - Mutual benefit

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