Sutter Insurance Services Corporation

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

EIN: 990289310 ✦ Honolulu, HI ✦ Designated as a 501(c)(3)

Overview

What is Sutter Insurance Services Corporation?

Sutter Insurance Services Corporation, based on the provided information, functions as a risk management support organization for Sutter Health and its affiliates. Their mission involves assisting these entities in achieving their financial, patient care, and business objectives through prudent risk financing and well-executed risk management programs. This nonprofit organization plays a crucial role in strengthening the overall performance and resilience of Sutter Health and its affiliates.


Official website here: www.sutterhealth.org

Is Sutter Insurance Services Corporation legitimate?

Sutter Insurance Services Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sutter Insurance Services Corporation 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.sutterhealth.org

What is the mission statement of Sutter Insurance Services Corporation?

Sutter Insurance Services Corporation functions as a risk management support organization, aiding Sutter Health and its affiliates in achieving their objectives. Through strategic risk financing and well-planned risk management programs, they contribute to the financial, patient care, and business success of their partner organizations. Sutter Insurance Services Corporation's efforts focus on ensuring the stability and growth of their clients' operations, ultimately contributing to improved patient care and overall business prosperity. They are dedicated to supporting their partners' goals by implementing effective risk management strategies.


Official website here: www.sutterhealth.org

Who is the CEO of Sutter Insurance Services Corporation?

Gena Peyton is the Sh Vp, Cro, Sisco Sec of Sutter Insurance Services Corporation. The CEO's salary of Sutter Insurance Services Corporation is $0 and their total compensation is $570,354.


Official website here: www.sutterhealth.org

What is the revenue of Sutter Insurance Services Corporation?

Sutter Insurance Services Corporation's revenue in 2022 was $37,815,206.


Official website here: www.sutterhealth.org

Who are the executives of Sutter Insurance Services Corporation and what are their salaries?

Here are 8 key members and their salaries (Sutter Insurance Services Corporation's CEO's salary is $0 and their total compensation is $570,354):

    Sarah Krevans (Ceo Emeritus, Sutter Health) [Trustee/Director]
  • Compensation: $0
  • Related: $5,124,807
  • Other: $275,603

    • Warner Thomas (President & Ceo Sh (Pt-Yr)) [Trustee/Director]
  • Compensation: $0
  • Related: $194,285
  • Other: $3,265,142

    • James Conforti (Sh Svp, Interim Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $2,919,261
  • Other: $226,992

    • Brian Dean (Sh, Vp, Cfo) [Trustee/Director]
  • Compensation: $0
  • Related: $2,576,364
  • Other: $192,152

    • Florence Di Benedetto (Chair Sisco/Svp Gen Counsel Sh) [Trustee/Director]
  • Compensation: $0
  • Related: $2,238,623
  • Other: $136,396

    • Bonnie George (President/Ceo Sisco) [Trustee/Director]
  • Compensation: $0
  • Related: $516,635
  • Other: $53,719

    • Gena Peyton (Sh Vp, Cro, Sisco Sec)
  • Compensation: $0
  • Related: $335,150
  • Other: $36,655

    • Susan Burchiel (Cfo Sisco)
  • Compensation: $0
  • Related: $252,253
  • Other: $33,896


  • Official website here: www.sutterhealth.org

    Where can I find the form 990 for Sutter Insurance Services Corporation?

    The Sutter Insurance Services Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.sutterhealth.org

    Learn more at the official website: www.sutterhealth.org

    Mission Statement of Sutter Insurance Services Corporation

    Sutter Insurance Services Corporation, a risk management support organization, plays a vital role in helping Sutter Health and its affiliates achieve their financial, patient care, and business objectives. By employing sound risk financing and effective risk management programs, Sutter Insurance Services Corporation supports Sutter Health's mission in a significant way.

    In essence, Sutter Insurance Services Corporation functions as a strategic partner to Sutter Health and its affiliates. It assists these organizations in managing risks and mitigating potential financial losses. Through its expertise in risk management, Sutter Insurance Services Corporation helps ensure that Sutter Health can continue to deliver high-quality patient care while maintaining financial stability.

    Sutter Insurance Services Corporation's mission is multifaceted. Its primary objective is to help Sutter Health and its affiliates minimize risks and protect their financial interests. This is achieved through various risk management strategies and programs. Additionally, Sutter Insurance Services Corporation strives to enhance Sutter Health's ability to provide exceptional patient care. By effectively managing risks, Sutter Insurance Services Corporation allows Sutter Health to invest more resources into patient care initiatives and improve overall outcomes.

    In summary, Sutter Insurance Services Corporation serves as a crucial component of Sutter Health's operations. Its mission focuses on providing risk management support and expertise, allowing Sutter Health and its affiliates to better manage risks, protect their financial interests, and improve patient care.

    Impact

    This information is meant to be a general summary of Sutter Insurance Services Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Sutter Insurance Services Corporation's impact lies in providing crucial risk management support to Sutter Health and its affiliates. By offering sound risk financing and effective risk management programs, Sutter Insurance Services Corporation plays a pivotal role in helping these organizations achieve their financial, patient care, and business goals and objectives. This support ultimately contributes to the overall resilience and success of Sutter Health and its affiliates, enabling them to deliver quality healthcare services to their communities.





    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: $-49,186,462
  • Program Service Revenue: $86,649,908
  • Gross Receipts: $91,365,260

    • Assets and Liabilities:
  • Total Assets: $348,347,309
  • Total Liabilities: $217,159,567
  • Net Assets: $131,187,742
  • Programs

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

    PREMIUM REVENUE

    Revenue

    $86,649,908

    Organization Details

    Founding Year

    1992

    Principal Officer

    Gena Peyton

    Main Address

    700 Bishop Street Suite 1100, HONOLULU, HI, 96813

    NTEE Category

    Code: Y20 - Mutual benefit

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