Skip to content
Nonprofiteer
← FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY

Form 990 for tax year 2022

Filed by FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY.

Totals

Total revenue
$135,366,544
Total expenses
$138,953,031
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$129,685,250
Investment income
$5,681,294
Other revenue
$0
Total assets, end of year
$393,050,212
Total liabilities, end of year
$319,988,062
Net assets or fund balances, end of year
$73,062,150
Program services expenses (Part IX)
$137,948,071
Management and general expenses
$1,004,960
Fundraising expenses
$0
Program service expenses (Part III)
$137,948,071

Program services were 99.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • BRIAN T CORBETT

    DIRECTOR, SECRETARY

    Total calculated
    $871,651
    From this org
    $0
    From related orgs
    $720,653
    Other
    $150,998
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $535,335 related
    Bonus
    $0 + $102,332 related
    Other
    $0 + $82,986 related
    Deferred
    $0 + $112,875 related
    Nontaxable benefits
    $0 + $38,123 related
    Filer's total
    $0 + $871,651 related
  • DIANNE P SALTER

    DIRECTOR, PRESIDENT

    Total calculated
    $464,795
    From this org
    $0
    From related orgs
    $436,697
    Other
    $28,098
    Hours/week
    10 + 30 related

    Schedule J breakdown matched by us

    Base
    $0 + $363,614 related
    Bonus
    $0 + $41,188 related
    Other
    $0 + $31,895 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $28,098 related
    Filer's total
    $0 + $464,795 related
  • John Mordach

    Director, Treasurer (Beginning 6/29/23)

    Total calculated
    $0
    Hours/week
    1 + 39 related
  • MICHAEL J BUONGIORNO

    DIRECTOR, CHAIRMAN

    Total calculated
    $1,110,735
    From this org
    $0
    From related orgs
    $949,105
    Other
    $161,630
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $712,890 related
    Bonus
    $0 + $160,531 related
    Other
    $0 + $75,684 related
    Deferred
    $0 + $118,545 related
    Nontaxable benefits
    $0 + $43,085 related
    Filer's total
    $0 + $1,110,735 related
  • PETER L DEANGELIS JR

    DIRECTOR, TREASURER (Through 3/31/23)

    Total calculated
    $2,407,915
    From this org
    $0
    From related orgs
    $2,177,591
    Other
    $230,324
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,209,288 related
    Bonus
    $0 + $516,002 related
    Other
    $0 + $452,301 related
    Deferred
    $0 + $211,295 related
    Nontaxable benefits
    $0 + $19,029 related
    Filer's total
    $0 + $2,407,915 related
  • Edmund D Pribitkin

    DIRECTOR

    Total calculated
    $1,569,842
    From this org
    $0
    From related orgs
    $1,374,946
    Other
    $194,896
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $827,333 related
    Bonus
    $0 + $208,290 related
    Other
    $0 + $339,323 related
    Deferred
    $0 + $167,523 related
    Nontaxable benefits
    $0 + $27,373 related
    Filer's total
    $0 + $1,569,842 related
  • JOHN J LYNCH III

    DIRECTOR

    Total calculated
    $2,602,428
    From this org
    $0
    From related orgs
    $2,005,175
    Other
    $597,253
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,267,318 related
    Bonus
    $0 + $384,384 related
    Other
    $0 + $353,473 related
    Deferred
    $0 + $554,414 related
    Nontaxable benefits
    $0 + $42,839 related
    Filer's total
    $0 + $2,602,428 related
  • KIRK E GORMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lisa Ramthun

    Director

    Total calculated
    $399,888
    From this org
    $0
    From related orgs
    $352,171
    Other
    $47,717
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $288,968 related
    Bonus
    $0 + $54,646 related
    Other
    $0 + $8,557 related
    Deferred
    $0 + $19,074 related
    Nontaxable benefits
    $0 + $28,643 related
    Filer's total
    $0 + $399,888 related
  • MICHAEL B WALSH

    DIRECTOR

    Total calculated
    $852,654
    From this org
    $0
    From related orgs
    $817,725
    Other
    $34,929
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $574,275 related
    Bonus
    $0 + $202,937 related
    Other
    $0 + $40,513 related
    Deferred
    $0 + $16,902 related
    Nontaxable benefits
    $0 + $18,027 related
    Filer's total
    $0 + $852,654 related
  • ALFRED C SALVATO

    CHIEF INVESTMENT OFFICER

    Total calculated
    $1,048,328
    From this org
    $0
    From related orgs
    $988,399
    Other
    $59,929
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $671,176 related
    Bonus
    $0 + $239,473 related
    Other
    $0 + $77,750 related
    Deferred
    $0 + $39,650 related
    Nontaxable benefits
    $0 + $20,279 related
    Filer's total
    $0 + $1,048,328 related
  • Courtney Doherty

    Assistant Secretary (beginning 7/1/22)

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
THE EVALUATION AND DETERMINATION OF THE APPROPRIATENESS OF THE PRESIDENT'S COMPENSATION IS MADE BY THE CHIEF FINANCIAL OFFICER OF MAIN LINE HEALTH, IN CONSULTATION WITH THE CHIEF EXECUTIVE OFFICER OF MAIN LINE HEALTH, AND IN CONNECTION WITH THE ANNUAL APPROVED BUDGET FOR COMPANY MEMBERS.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
THE PARTICIPATION IN, OR THE RECEIVING PAYMENTS FROM A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN FOR THE FOLLOWING INDIVIDUALS IS DISCLOSED, WHERE APPLICABLE, ON THE THOMAS JEFFERSON UNIVERSITY (EIN: 23-1352651) FORM 990: EDMUND D. PRIBITKIN ALFRED C. SALVATO PETER DEANGELIS JR. LISA RAMTHUN THE PARTICIPATION IN, OR THE RECEIVING PAYMENTS FROM, A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN FOR THE FOLLOWING INDIVIDUALS IS DISCLOSED, WHERE APPLICABLE, ON THE MAIN LINE HOSPITALS, INC. (EIN: 23-352160) FORM 990: JOHN J. LYNCH III MICHAEL J. BUONGIORNO BRIAN CORBETT THE PARTICIPATION IN, OR THE RECEIVING PAYMENTS FROM, A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN FOR THE FOLLOWING INDIVIDUAL IS DISCLOSED, WHERE APPLICABLE, ON THE ABINGTON MEMORIAL HOSPITAL (EIN: 23-1352152) FORM 990: MICHAEL WALSH

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2022
Filed
13 May 2024
IRS schema version
2022v5.0
Source object
202411349349309301

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.