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Nonprofit · EIN 20-4191006

FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY

Tax-exempt · WILMINGTON, DE 19801

Financials

$135.4M$139M2022$74.4M$80.4M2023$129.4M$101.4M2024
Revenue Expenses · by fiscal year end
Financials of FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$129,405,688$101,422,527$27,983,161$482,884,030$352,336,195$130,547,835
June 30, 2024990$74,431,495$80,438,299-$6,006,804$437,294,885$333,789,476$103,505,409
June 30, 2023990$135,366,544$138,953,031-$3,586,487$393,050,212$319,988,062$73,062,150
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$89,387,862
Investment income
$40,017,826
Net gain from sales of assets
$39,870,718
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$175,000
Accounting fees
$82,683
Travel
$43
Program services (functional)
$99,995,103
Management and general (functional)
$1,427,424

Balance sheet and other

Total assets, start of year
$437,294,885
Total assets, end of year
$482,884,030
Total liabilities, end of year
$352,336,195
Net assets, end of year
$130,547,835
Gross receipts
$446,899,282
Employees
0
Volunteers
0
Year formed
2006
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
JOHN J LYNCH IIIDirector / President & CEO MLH
Trustee or director
1$0$2,611,084$691,538
John MordachTreasurer (Through 2/18/25) / CFO JH
Trustee or director, Officer
1$0$2,830,350$75,267
THOMAS MARCHOZZIDirector (Beginning 2/19/25) / Executive VP JH
Trustee or director
1$0$2,115,804$18,741
Edmund D PribitkinDirector / Chief Physician Executive JH
Trustee or director
1$0$1,784,177$205,252
ALFRED C SALVATODirector / CIO TJU
Trustee or director, Officer
1$0$1,211,751$68,599
Leigh R EhrlichDirector / CFO MLH
Trustee or director
1$0$913,866$216,067
BRIAN T CORBETTSecretary (Through 11/1/24) / General Counsel MLH
Trustee or director, Officer
1$0$890,361$37,268
ROBERT J TOYDirector / SVP Deputy General Counsel JH
Trustee or director
1$0$665,388$53,082
DELLA C PAYNEDirector (Beginning 12/15/24) / Senior VP General Counsel MLH
Trustee or director
1$0$414,348$101,748
Lisa RamthunDirector / VP Risk JH
Trustee or director
1$0$409,098$77,767
DIANNE P SALTERSecretary (Beginning 2/19/25) / Five Pointe President
Trustee or director, Officer
10$0$455,034$29,190
MICHAEL J BUONGIORNOChairman / Former CFO MLH
Trustee or director, Officer
1$0$170,703$8,535
990 for the year ended June 30, 2024: 12 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JOHN J LYNCH IIIDirector / President & CEO MLH
Trustee or director
1$0$2,587,326$418,770
Edmund D PribitkinDirector / Chief Physician Executive JH
Trustee or director
1$0$1,410,534$186,671
MICHAEL J BUONGIORNOChairman / CFO MLH
Trustee or director, Officer
1$0$1,210,877$43,357
ALFRED C SALVATODirector (beginning 1/1/24) / CIO TJU
Trustee or director, Officer
1$0$1,167,598$64,953
John MordachTreasurer / CFO JH
Trustee or director, Officer
1$0$1,174,158$27,717
MICHAEL B WALSHDirector (Through 7/31/23) / Sr VP Finance JH
Trustee or director
1$0$963,753$13,356
BRIAN T CORBETTSecretary / General Counsel MLH
Trustee or director, Officer
1$0$836,290$126,392
DIANNE P SALTERDirector / Five Pointe President
Trustee or director, Officer
10$0$435,353$28,432
Lisa RamthunDirector / VP Risk JH
Trustee or director
1$0$389,745$73,437
Leigh R EhrlichDirector (beginning 1/1/24) / CFO MLH
Trustee or director
1$0$43,261$23,644
KIRK E GORMANDIRECTOR (Through 12/31/23)
Trustee or director
1$0$0$0
Courtney DohertyAssistant Secretary
Officer
1$0$0$0
990 for the year ended June 30, 2023: 12 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JOHN J LYNCH IIIDIRECTOR
Trustee or director
1$0$2,005,175$597,253
PETER L DEANGELIS JRDIRECTOR, TREASURER (Through 3/31/23)
Trustee or director, Officer
1$0$2,177,591$230,324
Edmund D PribitkinDIRECTOR
Trustee or director
1$0$1,374,946$194,896
MICHAEL J BUONGIORNODIRECTOR, CHAIRMAN
Trustee or director, Officer
1$0$949,105$161,630
ALFRED C SALVATOCHIEF INVESTMENT OFFICER
Officer
1$0$988,399$59,929
BRIAN T CORBETTDIRECTOR, SECRETARY
Trustee or director, Officer
1$0$720,653$150,998
MICHAEL B WALSHDIRECTOR
Trustee or director
1$0$817,725$34,929
DIANNE P SALTERDIRECTOR, PRESIDENT
Trustee or director, Officer
10$0$436,697$28,098
Lisa RamthunDirector
Trustee or director
1$0$352,171$47,717
John MordachDirector, Treasurer (Beginning 6/29/23)
Trustee or director, Officer
1$0$0$0
KIRK E GORMANDIRECTOR
Trustee or director
1$0$0$0
Courtney DohertyAssistant Secretary (beginning 7/1/22)
Officer
1$0$0$0

Address and contacts

Address (IRS master file)
1105 N MARKET ST, WILMINGTON, DE 19801-1216
In care of
% WILMINGTON TRUST
Principal officer (990 for 2024)
DIANNE SALTER, 1105 N Market Street 1300, Wilmington, DE 19899
Signed the 990
Diane Salter, President
Phone
(802) 864-5599
Return prepared by
CROWE LLP

Mission

THE COMPANY IS A NON-PROFIT SPONSORED CAPTIVE INSURANCE COMPANY ORGANIZED AND OPERATED EXCLUSIVELY FOR THE CHARITABLE PURPOSES FOR THE BENEFIT OF ITS MEMBER ORGANIZATIONS. THE CORPORATION SERVES AS AN INTEGRAL PART OF AND FURTHERS THE EXEMPT PURPOSES OF its members, charitable HOSPITALS and RELATED healthcare organizations BY PROVIDING "SELF-INSURANCE" PROFESSIONAL LIABILITY COVERAGE FOR CERTAIN HOSPITALS AND HEALTHCARE ENTITIES DESCRIBED IN IRC SECTION 501(C)(3). THE MEMBERS ARE MAIN LINE HOSPITALS, INC., Riddle Memorial Hospital, THOMAS JEFFERSON UNIVERSITY HOSPITALS, INC., and Magee REHABILITATION HOSPITAL.

990 for the year ended June 30, 2025

Program accomplishments

  • FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY PROVIDES REINSURANCE TO MOUNTAIN LAUREL RISK RETENTION GROUP, INC. ("MLRRG"), A RELATED PARTY THROUGH COMMON OWNERSHIP THAT PROVIDES GENERAL LIABILITY AND PROFESSIONAL LIABILITY INSURANCE TO ITS SHAREHOLDERS THAT ARE THE TAX EXEMPT MEMBERS OF FIVE POINTE. THE REINSURANCE COVERAGES ASSIST WITH THE MANAGEMENT AND FUNDING OF THE PROFESSIONAL LIABILITY RISK THEREBY ESSENTIALLY FUNCTIONING AS A SELF-INSURANCE VEHICLE FOR THE TAX EXEMPT MEMBER HOSPITALS AND HEALTHCARE ORGANIZATIONS. A SPONSORED CAPTIVE INSURANCE COMPANY IN THE STATE OF DELAWARE HAS THE ABILITY TO ESTABLISH AND MAINTAIN SEPARATE PROTECTED CELLS WITHIN THE COMPANY WHEREBY THE ASSETS AND LIABILITIES OF ANY ONE CELL ARE FINANCIALLY AND LEGALLY PROTECTED FROM THE ASSETS AND LIABILITIES OF OTHER CELLS. THE COMPANY INSURES THE RISKS OF THE MEMBERS PURSUANT TO MEMBERSHIP AGREEMENTS, AND SEGREGATES SUCH RISKS INTO PROTECTED CELLS. EACH PROTECTED CELL IS ACCOUNTED FOR SEPARATELY ON THE BOOKS AND RECORDS OF THE COMPANY. THE ASSETS AND LIABILITIES OF THE COMPANY ARE SEGREGATED INTO CELL ASSETS AND LIABILITIES AND GENERAL ASSETS AND LIABILITIES. THE GENERAL ASSETS AND LIABILITIES OF THE COMPANY COMPRISE THE ASSETS AND LIABILITIES THAT ARE NOT ASSETS AND LIABILITIES OF ANY ONE OF THE PROTECTED CELLS. THE ACTIVITIES REPRESENTING THE GENERAL ASSETS AND LIABILITIES OF THE COMPANY ARE REFERRED TO AS "THE CORE."
    Expenses $99,995,103 · revenue $89,387,862

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
20-4191006
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2006
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E11)
Assets (IRS master file)
$482,884,030
Income (IRS master file)
$446,899,282

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$129,405,688$101,422,527$482,884,030IRS
990June 2024$74,431,495$80,438,299$437,294,885IRS
990June 2023$135,366,544$138,953,031$393,050,212XML
990June 2022$47,889,541$59,240,667$232,485,102IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-4191006).

Questions about FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY

What is the EIN of FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY?
The employer identification number (EIN) of FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY is 20-4191006.
Is FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY?
The 990 for the year ended June 30, 2025 names DIANNE SALTER.
Who are the officers and directors of FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY?
The 990 for the year ended June 30, 2025 lists 12 people; 0 received compensation from the organization.
How much revenue does FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $129,405,688, expenses of $101,422,527 and total assets of $482,884,030 at year end.

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