Nonprofit · EIN 58-1729901
THE UNIVERSITY OF SOUTH ALABAMA PROFESSIONAL LIABILITY TRUST FUND
Tax-exempt · MOBILE, AL 36688
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $17,201,123 | $28,088,922 | -$10,887,799 | $53,027,062 | $0 | $53,027,062 |
| September 30, 2024 | 990 | $13,496,371 | $9,199,031 | $4,297,340 | $63,417,460 | $0 | $63,417,460 |
| September 30, 2023 | 990 | $9,318,916 | $10,797,340 | -$1,478,424 | $49,701,777 | $0 | $49,701,777 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $10,968,949
- Investment income
- $6,232,174
- Net gain from sales of assets
- $4,624,253
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $1,224,688
- Program services (functional)
- $28,088,922
Balance sheet and other
- Total assets, start of year
- $63,417,460
- Total assets, end of year
- $53,027,062
- Total liabilities, end of year
- $0
- Net assets, end of year
- $53,027,062
- Publicly traded securities
- $51,609,599
- Gross receipts
- $69,941,767
- Employees
- 0
- Year formed
- 1985
- State of legal domicile
- AL
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JO BONNER | DIRECTOR Trustee or director | 1 | $0 | $779,967 | $56,841 |
| OWEN BAILEY | DIRECTOR Former | 0 | $0 | $657,075 | $100,960 |
| ANDI KENT | DIRECTOR Trustee or director | 1 | $0 | $651,348 | $100,583 |
| JOHN MARYMONT | DIRECTOR Trustee or director | 1 | $0 | $693,978 | $52,645 |
| MICHAEL CHANG | DIRECTOR Trustee or director | 1 | $0 | $599,517 | $33,215 |
| JON SIMMONS | DIRECTOR Trustee or director | 1 | $0 | $601,547 | $25,535 |
| BENNY STOVER | DIRECTOR Former | 0 | $0 | $410,418 | $30,501 |
| KRISTEN ROBERTS | DIRECTOR Trustee or director | 1 | $0 | $345,216 | $55,142 |
| KRISTIN DUKES | DIRECTOR Former | 0 | $0 | $294,703 | $53,728 |
| WILLIAM GRETE | DIRECTOR Former | 0 | $0 | $300,361 | $30,953 |
| JAMES E CARTER JR | DIRECTOR Former | 0 | $0 | $253,556 | $44,298 |
| SPENCER LARCHE | DIRECTOR Trustee or director | 1 | $0 | $162,382 | $35,738 |
| CONSTANCE G COOK | DIRECTOR, PA Trustee or director | 1 | $0 | $157,852 | $37,108 |
| JULIA SHREVE | DIRECTOR Trustee or director | 1 | $0 | $142,479 | $21,890 |
| POLLY STOKLEY | DIRECTOR Former | 0 | $0 | $45,000 | $0 |
990 for the year ended September 30, 2024: 14 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| OWEN BAILEY | DIRECTOR Trustee or director | 1 | $0 | $779,816 | $114,127 |
| JOHN MARYMONT | DIRECTOR Trustee or director | 1 | $0 | $829,234 | $55,281 |
| MARTIN HESLIN | DIRECTOR Former | 0 | $0 | $771,814 | $29,873 |
| JO BONNER | DIRECTOR Trustee or director | 1 | $0 | $682,921 | $62,942 |
| MICHAEL CHANG | DIRECTOR Trustee or director | 1 | $0 | $671,448 | $29,126 |
| ANDI KENT | DIRECTOR Trustee or director | 1 | $0 | $536,005 | $83,734 |
| JON SIMMONS | DIRECTOR Trustee or director | 1 | $0 | $579,782 | $23,842 |
| BENNY STOVER | DIRECTOR Former | 0 | $0 | $474,336 | $29,530 |
| JAMES CARTER JR | DIRECTOR Former | 0 | $0 | $316,769 | $55,524 |
| WILLIAM GRETE | DIRECTOR Trustee or director | 1 | $0 | $331,950 | $31,530 |
| KRISTIN DUKES | DIRECTOR Trustee or director | 1 | $0 | $297,531 | $53,746 |
| KRISTEN ROBERTS | DIRECTOR Trustee or director | 1 | $0 | $266,904 | $46,149 |
| POLLY STOKLEY | DIRECTOR Former | 0 | $0 | $241,970 | $29,887 |
| CONSTANCE G COOK | DIRECTOR, PA Trustee or director, Officer | 1 | $0 | $150,746 | $34,835 |
990 for the year ended September 30, 2023: 15 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARTIN HESLIN | DIRECTOR Trustee or director | 1 | $0 | $707,136 | $29,072 |
| OWEN BAILEY | DIRECTOR Trustee or director | 1 | $0 | $630,259 | $93,830 |
| JOHN MARYMONT | DIRECTOR Trustee or director | 1 | $0 | $669,950 | $45,732 |
| MICHAEL CHANG | DIRECTOR Trustee or director | 1 | $0 | $615,032 | $28,322 |
| JO BONNER | DIRECTOR Trustee or director | 1 | $0 | $518,448 | $59,377 |
| ANDI KENT | DIRECTOR Trustee or director | 1 | $0 | $397,013 | $65,001 |
| BENNY STOVER | DIRECTOR Trustee or director | 1 | $0 | $414,419 | $28,389 |
| POLLY STOKLEY | DIRECTOR Former | 0 | $0 | $304,630 | $51,737 |
| JAMES CARTER JR | DIRECTOR Former | 0 | $0 | $300,633 | $52,281 |
| WILLIAM GRETE | DIRECTOR Trustee or director | 1 | $0 | $291,229 | $29,139 |
| KRISTIN DUKES | DIRECTOR Trustee or director | 1 | $0 | $239,234 | $45,405 |
| KRISTEN ROBERTS | DIRECTOR Trustee or director | 1 | $0 | $208,061 | $38,404 |
| CONSTANCE G COOK | DIRECTOR, PA Trustee or director, Officer | 1 | $0 | $141,916 | $36,056 |
| JOHN SMITH | DIRECTOR Former | 0 | $0 | $165,710 | $7,124 |
| SCOTT WELDON | DIRECTOR Former | 0 | $0 | $70,489 | $3,220 |
Address and contacts
- Address (IRS master file)
- 650 CLINIC DR TRP III STE 1400, MOBILE, AL 36688-0001
- Principal officer (990 for 2024)
- YANYA O'HARA, 650 CLINIC DRIVE TRP III STE 1400, MOBILE, AL 36688
- Signed the 990
- YANYA O'HARA, DIRECTOR, RISK MGT
- Phone
- (251) 460-6232
Mission
PROVIDE RISK MANAGEMENT SERVICES FOR THE BENEFIT OF SPONSORING TAX-EXEMPT ENTITIES, INCLUDING EDUCATION OF EMPLOYEES THEREOF.
Program accomplishments
- RISK MANAGEMENT SERVICES FOR THE BENEFIT OF SPONSORING TAX-EXEMPT ENTITIES, INCLUDING EDUCATION OF EMPLOYEES IN MEDICAL PROCEDURES TO AVOID LIABILITY AND PROCESSING LIABILITIES ACUTALLY INCURRED.Expenses $28,088,922 · revenue $10,968,949
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 58-1729901
- 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
- 1992
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $53,027,062
- Income (IRS master file)
- $69,941,767
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $17,201,123 | $28,088,922 | $53,027,062 | XML |
| 990 | September 2024 | $13,496,371 | $9,199,031 | $63,417,460 | XML |
| 990 | September 2023 | $9,318,916 | $10,797,340 | $49,701,777 | XML |
| 990 | September 2022 | $10,520,039 | $6,526,267 | $46,586,944 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | 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 58-1729901).
Questions about THE UNIVERSITY OF SOUTH ALABAMA PROFESSIONAL LIABILITY TRUST FUND
- What is the EIN of THE UNIVERSITY OF SOUTH ALABAMA PROFESSIONAL LIABILITY TRUST FUND?
- The employer identification number (EIN) of THE UNIVERSITY OF SOUTH ALABAMA PROFESSIONAL LIABILITY TRUST FUND is 58-1729901.
- Is THE UNIVERSITY OF SOUTH ALABAMA PROFESSIONAL LIABILITY TRUST FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to THE UNIVERSITY OF SOUTH ALABAMA PROFESSIONAL LIABILITY TRUST FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does THE UNIVERSITY OF SOUTH ALABAMA PROFESSIONAL LIABILITY TRUST FUND 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 THE UNIVERSITY OF SOUTH ALABAMA PROFESSIONAL LIABILITY TRUST FUND due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE UNIVERSITY OF SOUTH ALABAMA PROFESSIONAL LIABILITY TRUST FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of THE UNIVERSITY OF SOUTH ALABAMA PROFESSIONAL LIABILITY TRUST FUND?
- The 990 for the year ended September 30, 2025 names YANYA O'HARA.
- Who are the officers and directors of THE UNIVERSITY OF SOUTH ALABAMA PROFESSIONAL LIABILITY TRUST FUND?
- The 990 for the year ended September 30, 2025 lists 15 people; 0 received compensation from the organization.
- How much revenue does THE UNIVERSITY OF SOUTH ALABAMA PROFESSIONAL LIABILITY TRUST FUND have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $17,201,123, expenses of $28,088,922 and total assets of $53,027,062 at year end.
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