2025-09-05T16:41:23+00:00 2024-12-31 346565596 ERNST & YOUNG US LLP 101 E WASHINGTON ST PHOENIX AZ 85004 990 2024-01-01 261756912 Arizona Children's Risk Solutions ARIZ 6025128132 333 East Osborn Road 300 Phoenix AZ 85012 Michelle Bruhn Executive Vice President & CFO 6029335468 2025-09-05 true true Steven T Rutti P00775456 6023223000 2025-09-05 2024 2025-03-06 01:10:19Z Robert L Meyer 1919 E Thomas Road Phoenix AZ 85016 11932915 false X N/A X 2008 AZ PROVIDES CAPTIVE INSURANCE SERVICES TO PHOENIX CHILDREN'S HOSPITAL. 6 2 0 2 0 0 0 7595025 8029227 64903 3903688 0 0 7659928 11932915 0 0 0 0 0 0 0 0 0 6982032 3200237 6982032 3200237 677896 8732678 50354188 54452895 30088843 25454872 20265345 28998023 PROVIDES CAPTIVE INSURANCE SERVICES TO PHOENIX CHILDREN'S HOSPITAL. false false 3104082 0 8029227 SEE SCHEDULE O 3104082 true false false false false false false false false false false false false true true true true true false false false false false false false false false false false true false false false false false false false false false false false false false false false true true false false false true X 1 0 true 0 false false false false false false false false false false false false X 6 2 false true false false true true false true true false false false true true true true true true false false false false X Michelle Bruhn 6029335468 1919 E Thomas Road Phoenix AZ 85016 CARMEN NEUBERGER DIRECTOR/SECRETARY 1.0 39.0 X X 0 1213116 24990 JON HULBURD DIRECTOR/PRESIDENT 1.0 2.0 X X 0 0 0 MICHELLE BRUHN DIRECTOR/TREASURER 1.0 39.0 X X 0 1130836 24825 ROBERT L MEYER DIRECTOR/VICE PRESIDENT 1.0 39.0 X X 0 3532157 26614 BLAKE BULLOCH MD DIRECTOR (START 11/2024) 1.0 39.0 X 0 639319 22965 MICHAEL L RITCHEY MD DIRECTOR (THRU 11/2024) 1.0 39.0 X 0 703695 25395 MOLLY RYAN CARSON DIRECTOR 1.0 2.0 X 0 0 0 KARI CORNICELLI FORMER DIRECTOR/TREASURER (THRU 08/2022) 0.0 0.0 X 0 111806 0 0 7330929 124789 0 true true false 0 0 0 0 0 0 0 0 0 PREMIUM REVENUE 524298 8029227 8029227 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8029227 3903688 0 0 3903688 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11932915 8029227 0 3903688 0 0 69500 69500 21155 21155 0 0 0 0 CLAIMS EXPENSE 3104082 3104082 LICENSES AND TAXES 5500 5500 0 0 0 0 3200237 3104082 96155 0 1513328 1591486 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 48840860 52861409 50354188 54452895 5252017 5304975 0 0 0 0 0 0 0 0 0 0 0 0 0 0 24836826 20149897 30088843 25454872 X 20265345 28998023 0 0 0 0 0 0 0 0 20265345 28998023 50354188 54452895 8732678 0 X false true true false X X X 1 PHOENIX CHILDREN'S HOSPITAL 860422559 3 true 3104082 0 1 3104082 0 true false false false false false false false false false false false false false false true false DUE FROM PCH 48639140 RECOVERABLE 2256172 PREMIUMS RECEIVABLE 1350722 MISCELLANEOUS RECEIVABLE 601000 PREPAID EXPENSE 14375 52861409 Federal Income Taxes UNPAID LOSSES 18799175 UNEARNED PREMIUMS 1745751 REINSURANCE PREMIUMS -395029 20149897 X 11932915 0 0 11932915 0 0 11932915 3200237 0 0 3200237 0 0 3200237 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Company accounts for uncertain tax positions in accordance with the provisions of FASB ASC 740, "Income Taxes", which provides a framework for how companies should recognize, measure, present and disclose uncertain tax positions in their financial statements. With these provisions, the Company will recognize a tax benefit from an uncertain tax position only if it is more-likely-than-not that the tax position will be sustained on examination by the taxing authorities, based upon the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based upon the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. The Company did not have any unrecognized tax benefits for the years ended December 31, 2024 and 2023. The Company does not believe it is reasonably possible that its unrecognized tax benefits would materially change in the next twelve months. false true false false false false false false false KARI CORNICELLI FORMER DIRECTOR/TREASURER (THRU 08/2022) 0 111806 0 0 0 0 0 0 0 0 0 111806 0 0 MICHELLE BRUHN DIRECTOR/TREASURER 0 705824 0 180261 0 244751 0 13800 0 11025 0 1155661 0 0 ROBERT L MEYER DIRECTOR/VICE PRESIDENT 0 1385206 0 1889406 0 257545 0 13800 0 12814 0 3558771 0 0 CARMEN NEUBERGER DIRECTOR/SECRETARY 0 556508 0 556310 0 100298 0 13800 0 11190 0 1238106 0 0 BLAKE BULLOCH MD DIRECTOR (START 11/2024) 0 548816 0 58575 0 31928 0 13800 0 9165 0 662284 0 0 MICHAEL L RITCHEY MD DIRECTOR (THRU 11/2024) 0 632999 0 70696 0 0 0 13800 0 11595 0 729090 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation THE TOP MANAGEMENT OFFICIAL'S COMPENSATION IS SUBJECT TO REVIEW AND DETERMINATION BY THE COMPENSATION COMMITTEE OF THE RELATED TAX-EXEMPT ORGANIZATION, PHOENIX CHILDREN'S HOSPITAL (PCH). OTHER EMPLOYEES ARE SUBJECT TO THE HUMAN RESOURCE POLICIES, INCLUDING COMPENSATION ARRANGEMENTS, OF PCH. ARIZONA CHILDREN'S RISK SOLUTIONS DOES NOT HAVE ANY DIRECT EMPLOYEES. ALL PAYROLL IS CENTRALIZED THROUGH PCH (EIN 86-0422559). Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan PHOENIX CHILDREN'S HOSPITAL (PCH) OFFERS A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) TO CERTAIN EXECUTIVES OF THE ORGANIZATION. ELIGIBLE PARTICIPANTS ARE SELECTED BY THE PCH BOARD OF DIRECTORS. PARTICIPANT VESTING OCCURS UPON RETIREMENT, DISABILITY BEFORE SEPARATION, INVOLUNTARY SEPARATION (OTHER THAN FOR CAUSE) OR DEATH. THE FOLLOWING INDIVIDUALS PARTICIPATED IN THE SERP PLAN AND RECEIVED A TAXABLE SERP PAYOUT DURING 2024 THAT IS INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III) AS OTHER REPORTABLE COMPENSATION: ROBERT L. MEYER - $213,889 CARMEN NEUBERGER - $59,769 MICHELLE BRUHN - $33,692 THE FOLLOWING INDIVIDUAL PARTICIPATED IN THE SERP PLAN AND RECEIVED A NONTAXABLE SERP CONTRIBUTIONS DURING 2024 THAT IS INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III) AS OTHER DEFERRED COMPENSATION: MICHELLE BRUHN - $50,601 Schedule J, Part II ADDITIONAL INFORMATION BLAKE BULLOCH, MD RECEIVED COMPENSATION FOR MEDICAL SERVICES RENDERED IN THE CAPACITY OF STAFF PHYSICIAN FOR PHOENIX CHILDREN'S HOSPITAL, NOT FOR HIS DUTIES AS CURRENT BOARD MEMBER. Form 990, Part III, Line 4 PROGRAM SERVICE ACCOMPLISHMENTS ARIZONA CHILDREN'S RISK SOLUTIONS (FORMERLY CAMBRIDGE ARIZONA INSURANCE COMPANY), (AN ARIZONA NON-PROFIT CORPORATION), ENGAGES IN THE BUSINESS OF PROVIDING CAPTIVE INSURANCE SERVICES TO NON-PROFIT CORPORATIONS WITHIN THE STATE OF ARIZONA. THE COMPANY SPECIFICALLY PROVIDES PROFESSIONAL LIABILITY INSURANCE ON A CLAIMS-MADE BASIS AND GENERAL LIABILITY INSURANCE ON AN OCCURRENCE BASIS PURSUANT TO THE PROVISIONS OF ARIZONA REVISED STATUTES 20-1098 AND WAS APPROVED FOR BUSINESS AS A PURE CAPTIVE INSURER BY THE STATE OF ARIZONA DEPARTMENT OF INSURANCE ON FEBRUARY 28, 2008. THE COMPANY SPECIFICALLY OFFERS INSURANCE COVERAGE TO ITS SOLE MEMBER, PHOENIX CHILDREN'S HOSPITAL, INC (PCH). THE ACTIVITIES AND OPERATIONS OF ARIZONA CHILDREN'S RISK SOLUTIONS EXCLUSIVELY BENEFIT PHOENIX CHILDREN'S HOSPITAL BY OFFERING A PROGRAM OF SELF INSURANCE FOR THE HOSPITAL. Form 990, Part V, Line 2a EMPLOYEES ARIZONA CHILDREN'S RISK SOLUTIONS DOES NOT HAVE EMPLOYEES, BUT SHARES COSTS OF PERSONNEL, SERVICES, AND EXPENSES WITH PHOENIX CHILDREN'S HOSPITAL, A RELATED TAX-EXEMPT ORGANIZATION. Form 990, Part VI, Line 15 COMPENSATION PROCESS THIS ORGANIZATION DOES NOT PAY ANY COMPENSATION. COMPENSATION IS PAID, AND COMPENSATION PRACTICES ARE DETERMINED, BY PHOENIX CHILDREN'S HOSPITAL. Form 990, Part VI, Line 3 Delegation of management duties THE ORGANIZATION HAS A CAPTIVE MANAGER RESPONSIBLE FOR ALL BUSINESS TRANSACTIONS RELATING TO INSURANCE OPERATIONS AND ACTIVITIES. Form 990, Part VI, Line 6 Classes of members or stockholders PHOENIX CHILDREN'S HOSPITAL IS THE SOLE MEMBER OF THE ORGANIZATION. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE MEMBER ELECTS THE GOVERNING BODY OF THE ORGANIZATION. Form 990, Part VI, Line 11b Review of form 990 by governing body THE VP OF FINANCE, EVP/CFO AND CEO REVIEW THE FORM 990. THE BOARD OF DIRECTORS ALSO REVIEW THE FORM 990 BEFORE FILING. Form 990, Part VI, Line 12c Conflict of interest policy PCH AND ITS AFFILIATE ORGANIZATIONS REQUIRE EACH OF ITS DIRECTORS, OFFICERS, AND VICE PRESIDENTS TO COMPLETE AN ANNUAL DISCLOSURE FORM, IDENTIFYING REAL OR POTENTIAL CONFLICTS, SUCH AS FINANCIAL RELATIONSHIPS OR INTERESTS, FAMILY OR BUSINESS ASSOCIATIONS OR EMPLOYEE RELATIONSHIPS WITH PCH AND/OR ITS DIRECTORS, OFFICERS AND KEY EMPLOYEES. IF SITUATIONS ARE DISCLOSED THAT PRESENT ACTUAL OR POTENTIAL CONFLICTS OF INTEREST, THEY ARE REPORTED TO THE CEO AND THE BOARD OF DIRECTORS. RESOLUTION AND/OR AVOIDANCE OF CONFLICT OF INTEREST SITUATIONS RESIDES WITH THE BOARD AND THE CEO. Form 990, Part VI, Line 19 Required documents available to the public SUCH DOCUMENTS ARE NOT REQUIRED TO BE MADE PUBLIC. HOWEVER, SUCH DOCUMENTS WILL BE MADE AVAILABLE UPON REASONABLE REQUEST. CHILDREN'S HEALTHCARE OF ARIZONA INC 1919 E THOMAS ROAD PHOENIX AZ 85016 451474342 SUPPORT AZ 501(c)(3) Type I NA false PHOENIX CHILDREN'S HOSPITAL FOUNDATION 1919 E THOMAS ROAD PHOENIX AZ 85016 742421549 SUPPORT AZ 501(c)(3) 7 PCH true PHOENIX CHILDREN'S HOSPITAL 1919 E THOMAS ROAD PHOENIX AZ 85016 860422559 HOSPITAL AZ 501(c)(3) 3 CHA false PHX CHILDREN'S CARDIOLOGY DIAGNOSTICS LLC 1919 E THOMAS ROAD PHOENIX AZ 85016 464850215 HEALTHCARE AZ NA N/A false false false false false false false false false false false true false false true false false true false