Overview
What is Saint Francis Health System General Professional Liability Trust?
Saint Francis Health System General Professional Liability Trust is a nonprofit organization based in Tulsa, Oklahoma, specifically located at 2200 S UTICA PL SUITE 550. Its primary purpose is to offer a cost-effective solution for managing and reducing the risks of legal liabilities associated with healthcare services provided by Saint Francis Health System, Inc. and its affiliated entities, all exempted under Section 501(c)(3). The trust acts as a pooled fund, accumulating contributions from Saint Francis Health System to protect against general and professional liability losses and related expenses.
Is Saint Francis Health System General Professional Liability Trust legitimate?
Saint Francis Health System General Professional Liability Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Saint Francis Health System General Professional Liability Trust 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: $12,385
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Saint Francis Health System General Professional Liability Trust?
The Saint Francis Health System General Professional Liability Trust serves to safeguard against legal risks and liability associated with healthcare services rendered by Saint Francis Health System (SFHS) and its professional employees. The trust operates as a pooled fund, where SFHS contributes to, resulting in a cost-effective solution for managing and mitigating potential legal liabilities. Its primary objective is to cover losses and related expenses incurred by SFHS and its exempted organizations in the event of general or professional liability claims. The trust plays a crucial role in protecting SFHS from financial burdens that may arise from delivering care to the sick and injured.
Who is the CEO of Saint Francis Health System General Professional Liability Trust?
Paula R Hamel is the Trustee of Saint Francis Health System General Professional Liability Trust.
What is the revenue of Saint Francis Health System General Professional Liability Trust?
Saint Francis Health System General Professional Liability Trust's revenue in 2022 was $17,816,591.
Who are the executives of Saint Francis Health System General Professional Liability Trust and what are their salaries?
- Midfirst Bank (Trustee)
Where can I find the form 990 for Saint Francis Health System General Professional Liability Trust?
The Saint Francis Health System General Professional Liability Trust’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Saint Francis Health System General Professional Liability Trust
Saint Francis Health System General Professional Liability Trust, often referred to as the Trust, serves a crucial role in safeguarding Saint Francis Health System, Inc. (SFHS) and its affiliated organizations against potential legal liabilities arising from healthcare services. By pooling resources from SFHS, the Trust offers a cost-effective solution for managing and reducing risks, ensuring the continuity of the organization's mission.
The Trust's primary objective is to absorb and compensate for general and/or professional liability losses incurred by SFHS and its exempted entities under Section 501(c)(3). Through this collective approach, the Trust effectively shields its members from the financial burdens and potential disruptions associated with legal claims, enabling them to maintain their focus on delivering quality healthcare services to those in need.
Moreover, the Trust's operations result in significant cost savings for SFHS, as the risks are spread across a larger pool, reducing the overall financial impact of individual claims. This financial protection empowers the healthcare system to dedicate more resources towards enhancing patient care and furthering its mission to serve the community.
Impact
This information is meant to be a general summary of Saint Francis Health System General Professional Liability Trust. 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 Saint Francis Health System General Professional Liability Trust is evident in its ability to provide cost-effective methods for protecting against legal risks and liability arising from healthcare services provided by Saint Francis Health System and its employee professionals. By operating to provide a pooled fund from contributions of Saint Francis Health System, Inc., this trust offers a valuable method of controlling, reducing, and protecting against risks of legal liability associated with caring for the sick and injured. This ensures that the organization can focus on delivering high-quality healthcare services without excessive financial burdens related to liability issues.
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 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2000
Phone
(918) 293-6861
Principal Officer
Paula R Hamel
Main Address
2200 S UTICA PL SUITE 550, TULSA, OK, 74114
NTEE Category
Code: E11 - Health
If you are a representative of Saint Francis Health System General Professional Liability Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.