Civic Intelligence

Piedmont Liability Trust

990 • Fiscal year 2022 • EIN 54-6280083

Jul 01, 2021 to Jun 30, 2022 • Filed on Apr 13, 2023

Organization ProfileN/A

View Organization Page

1020 Ednam Center 100Charlottesville, VA 22903

(434) 296-2100

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

93rd percentile

0.99x

Higher debt load relative to assets than 93% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Liabilities / Revenue

96th percentile

8.05x

Higher debt load relative to revenue than 96% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Net Margin

78th percentile

26%

Higher net margin than 78% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Top Officer Pay

84th percentile

$786,747

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Asset Growth

26th percentile

-8.3%

Faster asset growth than 26% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Revenue Growth

49th percentile

3.7%

Faster revenue growth than 49% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Down

$77,604,181

Down $7,007,966 (-8.3%) from 2021

Net Assets

Down

$470,998

Down $7,739,128 (-94%) from 2021

Liabilities

Up

$77,133,183

Up $731,162 (+1.0%) from 2021

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin78th percentile

Revenue

Up

$9,580,879

Up $340,145 (+3.7%) from 2021

Expenses

Down

$7,076,241

Down $3,064,087 (-30%) from 2021

Net Income

Up

$2,504,638

Up $3,404,232 (+378%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150M$100M$50M$0Assets 2011: $60,740,434Liabilities 2011: $51,393,146Net Assets 2011: $9,347,2882011Assets 2012: $59,474,746Liabilities 2012: $51,202,022Net Assets 2012: $8,272,7242012Assets 2013: $61,357,191Liabilities 2013: $52,514,392Net Assets 2013: $8,842,7992013Assets 2014: $66,618,417Liabilities 2014: $57,042,971Net Assets 2014: $9,575,4462014Assets 2015: $66,695,203Liabilities 2015: $59,061,451Net Assets 2015: $7,633,7522015Assets 2016: $63,940,779Liabilities 2016: $59,998,487Net Assets 2016: $3,942,2922016Assets 2017: $67,059,341Liabilities 2017: $65,165,918Net Assets 2017: $1,893,4232017Assets 2018: $68,376,241Liabilities 2018: $66,151,464Net Assets 2018: $2,224,7772018Assets 2019: $72,086,173Liabilities 2019: $71,605,407Net Assets 2019: $480,7662019Assets 2020: $73,442,059Liabilities 2020: $71,920,980Net Assets 2020: $1,521,0792020Assets 2021: $84,612,147Liabilities 2021: $76,402,021Net Assets 2021: $8,210,1262021Assets 2022: $77,604,181Liabilities 2022: $77,133,183Net Assets 2022: $470,9982022Assets 2023: $84,995,109Liabilities 2023: $74,547,573Net Assets 2023: $10,447,5362023Assets 2024: $97,858,593Liabilities 2024: $73,504,467Net Assets 2024: $24,354,1262024Assets 2025: $107,835,895Liabilities 2025: $72,895,895Net Assets 2025: $34,940,0002025

Highlighted filing

2022

Assets$77,604,181
Liabilities$77,133,183
Net Assets$470,998
Open 2022 Filing

Operations Trend

Revenue Growth49th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2011: $5,291,9492011Expenses 2012: $7,832,8012012Expenses 2013: $6,503,9152013Revenue 2014: $6,917,486Expenses 2014: $8,804,771Net Income 2014: -$1,887,2852014Revenue 2015: $8,476,843Expenses 2015: $8,564,820Net Income 2015: -$87,9772015Revenue 2016: $4,225,214Expenses 2016: $8,783,933Net Income 2016: -$4,558,7192016Revenue 2017: $8,924,478Expenses 2017: $9,934,003Net Income 2017: -$1,009,5252017Revenue 2018: $7,475,530Expenses 2018: $7,791,455Net Income 2018: -$315,9252018Revenue 2019: $7,442,836Expenses 2019: $10,504,691Net Income 2019: -$3,061,8552019Revenue 2020: $8,213,885Expenses 2020: $7,172,580Net Income 2020: $1,041,3052020Revenue 2021: $9,240,734Expenses 2021: $10,140,328Net Income 2021: -$899,5942021Revenue 2022: $9,580,879Expenses 2022: $7,076,241Net Income 2022: $2,504,6382022Revenue 2023: $9,937,300Expenses 2023: $2,688,002Net Income 2023: $7,249,2982023Revenue 2024: $11,639,538Expenses 2024: $4,330,011Net Income 2024: $7,309,5272024Revenue 2025: $11,071,703Expenses 2025: $6,009,799Net Income 2025: $5,061,9042025

Highlighted filing

2022

Revenue$9,580,879
Expenses$7,076,241
Net Income$2,504,638
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Apr 13, 2023
Return Version
2021v4.2
Gross Receipts
$17,249,232
Mission and Program Overview

Mission

The organization was formed to accumulate and hold funds for use in satisfying medical professional liability claims against the university of virginia physicians' group and covered clinicians of university of virginia health, uva community health medical group, llc, and community medicine university of virginia, llc.

The organization was formed to accumulate and hold funds for use in satisfying medical professional liability claims against the university of virginia physicians' group and covered clinicians of university of virginia health.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$78,532,741$72,033,441▼ $6,499,300
Savings and Temporary Cash Investments$5,247,944$4,620,319▼ $627,625
Land, Buildings, and Equipment, Net$501,050$550,728▲ $49,678
Prepaid Expenses and Deferred Charges$67,545$98,438▲ $30,893
Cash and Non-Interest-Bearing Accounts$2,306$3,052▲ $746
Total Assets$84,612,147$77,604,181▼ $7,007,966
Other Assets Total$260,561$298,203▲ $37,642
Liabilities
Other Liabilities$76,358,020$77,097,516▲ $739,496
Accounts Payable and Accrued Expenses$43,251$35,167▼ $8,084
Deferred Revenue$750$500▼ $250
Total Liabilities$76,402,021$77,133,183▲ $731,162
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,210,126$470,998▼ $7,739,128
Total Net Assets Fund Balance$8,210,126$470,998▼ $7,739,128
Total Liabilities and Net Assets / Fund Balance$84,612,147$77,604,181▼ $7,007,966

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$226,140$878,140$1,104,280
Equipment$56,618$240,093$296,711
Land$267,970-$267,970
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rebecca W West Jd EsqCEOFT$634,372$152,375$786,747
Bruce D Gehle JdCOOFT$370,000$111,244$481,244
Richard O WhiteAssociate General CounselFT$190,000$35,932$225,932
Lance D FrasierManager of Finance & OperationsFT$145,000$36,933$181,933
Judy L FortineuxChief of StaffFT$127,500$28,722$156,222

Board Members and Trustees

NameTitle
Scott a Syverud MdChairman
K C Johnston MdVice Chair
A H L Clayton MdDirector
Arturo P Saavedra MdDirector
C a Moskaluk MdDirector
Donald R MorinDirector
J D Truwit MdDirector
J W Howell JdDirector
M H Rosner MdDirector
Mark E Shaffrey MdDirector
Megan J Bray MdDirector
P T Hallowell MdDirector
R C Scott Iii JdDirector
S S Park MdDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Timberlake Smith Thomas & Moses PCLegal CounselPO BOX 108, Staunton, VA 24402$266,339
The Mitchell Law Group PllcLegal Counsel221 SOUTH ALFRED ST FL1, Alexandria, VA 22314$174,181
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$6,342,719
Investment Income
$2,870,453
Other Revenue
$367,707
Change in Net Assets
$2,504,638

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,439,675
Revenue Not Reported on Financial Statements
$141,204
Revenue Not Reported on Form 990
$-10,243,766
Other Revenue Adjustments
$-18,713
Total Revenue per Audited Statements
$-804,091
Total Revenue per Form 990
$9,580,879
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,001,067
Salaries, Compensation, and Employee Benefits$2,075,174
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$772,358$803,536-$1,575,894
Other Salaries and Wages$136,884$213,754-$350,638
Fees for Service Investment Mgmnt Fees-$175,176-$175,176
Payroll Taxes$31,636$36,508-$68,144
Pension Plan Contributions$18,919$31,879-$50,798
Depreciation Depletion-$36,018-$36,018
Fees for Services Accounting-$31,400-$31,400
Other Employee Benefits$15,363$14,337-$29,700
Office Expenses$29,498--$29,498
Insurance$10,230$8,201-$18,431
Travel-$14,826-$14,826
Fees for Services Other$12,628--$12,628
Conferences and Meetings$1,996$3,709-$5,705
Other Expenses$143$10-$143
Total Functional Expenses$5,706,887$1,369,354$0$7,076,241

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$7,076,241
Total Expenses per Audited Statements$6,935,037
Expenses per Audited Statements$6,916,324
Expenses Not Reported on Financial Statements$159,917
Expenses Not Reported on Form 990$18,713
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Reserve for Losses and Loss Adjustment Expenses$77,097,516
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Prior to its filing, the organization's 990 is reviewed by management.”

Form 990, Part VI, Section B, Line 15A

“The compensation of the organization's ceo is determined by the board of directors on an annual basis.”

Form 990, Part VI, Section C, Line 19

“The organization's documents are available for review upon request.”

FORM 990, PART VI, SECTION C, LINE 19:

“The executive committee assumes responsibility for oversight of the audit. Auditors report audit results and findings to executive committee each year. Selection of an independent accountant is made by the executive committee each year at one of the scheduled meetings.”

Filing and Contact Details

Filer

Filer Name
Piedmont Liability Trust
EIN
54-6280083
Phone
4342962100
Address
1020 EDNAM CENTER 100, CHARLOTTESVILLE, VA 22903

Signing Officer

Name
Rebecca W West Esq
Title
CEO/trustee
Phone
4342962100
Signed
2023-04-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rebecca W West Esq
Formed
1989
Legal Domicile
Va
Voting Board Members
14
Independent Board Members
14
Employees
11
Volunteers
14

Preparer

Firm
Forvis Llp
Address
901 EAST CARY STREET SUITE 1000, RICHMOND, VA 23219
Preparer
Lakrisha J Castleberry
Phone
8042827636
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The trust is exempt from federal and state income taxes under internal revenue code, section 501(c)(3) and the tax statutes of the commonwealth of virginia. Accordingly, no provision for income taxes has been made in the accompanying financial statements. The trust has determined that there are no material unrecognized tax benefits or obligations as of june 30, 2022 and 2021.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“RENTAL EXPENSES -18,713.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“RENTAL EXPENSES 18,713.”

Raw XML AppendixShowing 400 of 666 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt043251
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt035167
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE ORGANIZATION WAS FORMED TO ACCUMULATE AND HOLD FUNDS FOR USE IN SATISFYING MEDICAL PROFESSIONAL LIABILITY CLAIMS AGAINST THE UNIVERSITY OF VIRGINIA PHYSICIANS' GROUP AND COVERED CLINICIANS OF UNIVERSITY OF VIRGINIA HEALTH.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum04342962100
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01020 EDNAM CENTER 100
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHARLOTTESVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd022903
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt02306
IRS990/CashNonInterestBearingGrp/EOYAmt03052
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0803536
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0772358
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt01575894
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt03709
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01996
IRS990/ConferencesMeetingsGrp/TotalAmt05705
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0266339
IRS990/ContractorCompensationGrp/CompensationAmt1174181
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 108
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1221 SOUTH ALFRED ST FL1
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0STAUNTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1ALEXANDRIA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0VA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1VA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd024402
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd122314
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0TIMBERLAKE SMITH THOMAS & MOSES PC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1THE MITCHELL LAW GROUP PLLC
IRS990/ContractorCompensationGrp/ServicesDesc0LEGAL COUNSEL
IRS990/ContractorCompensationGrp/ServicesDesc1LEGAL COUNSEL
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02870453
IRS990/CYOtherExpensesAmt05001067
IRS990/CYOtherRevenueAmt0367707
IRS990/CYProgramServiceRevenueAmt06342719
IRS990/CYRevenuesLessExpensesAmt02504638
IRS990/CYSalariesCompEmpBnftPaidAmt02075174
IRS990/CYTotalExpensesAmt07076241
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt09580879
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0750
IRS990/DeferredRevenueGrp/EOYAmt0500
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt036018
IRS990/DepreciationDepletionGrp/TotalAmt036018
IRS990/Desc0MANAGEMENT AND PAYMENT OF MEDICAL PROFESSIONAL LIABILITY CLAIMS FOR THE UNIVERSITY OF VIRGINIA PHYSICIANS' GROUP AND COVERED CLINICIANS OF UNIVERSITY OF VIRGINIA HEALTH, INCLUDING MANAGEMENT OF FUNDS HELD FOR THIS PURPOSE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt011
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt05706887
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt031400
IRS990/FeesForServicesAccountingGrp/TotalAmt031400
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt012628
IRS990/FeesForServicesOtherGrp/TotalAmt012628
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt0175176
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0175176
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1840.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1477375
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1561244
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1625932
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1718722
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1821933
IRS990/Form990PartVIISectionAGrp/PersonNm0SCOTT A SYVERUD MD
IRS990/Form990PartVIISectionAGrp/PersonNm1K C JOHNSTON MD
IRS990/Form990PartVIISectionAGrp/PersonNm2MEGAN J BRAY MD
IRS990/Form990PartVIISectionAGrp/PersonNm3A H L CLAYTON MD
IRS990/Form990PartVIISectionAGrp/PersonNm4P T HALLOWELL MD
IRS990/Form990PartVIISectionAGrp/PersonNm5J W HOWELL JD
IRS990/Form990PartVIISectionAGrp/PersonNm6DONALD R MORIN
IRS990/Form990PartVIISectionAGrp/PersonNm7C A MOSKALUK MD
IRS990/Form990PartVIISectionAGrp/PersonNm8S S PARK MD
IRS990/Form990PartVIISectionAGrp/PersonNm9M H ROSNER MD
IRS990/Form990PartVIISectionAGrp/PersonNm10ARTURO P SAAVEDRA MD
IRS990/Form990PartVIISectionAGrp/PersonNm11R C SCOTT III JD
IRS990/Form990PartVIISectionAGrp/PersonNm12MARK E SHAFFREY MD
IRS990/Form990PartVIISectionAGrp/PersonNm13J D TRUWIT MD
IRS990/Form990PartVIISectionAGrp/PersonNm14REBECCA W WEST JD ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm15BRUCE D GEHLE JD
IRS990/Form990PartVIISectionAGrp/PersonNm16RICHARD O WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm17JUDY L FORTINEUX
IRS990/Form990PartVIISectionAGrp/PersonNm18LANCE D FRASIER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14709372
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15420000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16200000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17137500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18160000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt15COO
IRS990/Form990PartVIISectionAGrp/TitleTxt16ASSOCIATE GENERAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt17CHIEF OF STAFF
IRS990/Form990PartVIISectionAGrp/TitleTxt18MANAGER OF FINANCE & OPERATIONS
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01989
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0402915
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt08052555
IRS990/GrossReceiptsAmt017249232
IRS990/GrossRentsGrp/RealAmt027884
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt08201
IRS990/InsuranceGrp/ProgramServicesAmt010230
IRS990/InsuranceGrp/TotalAmt018431
IRS990/InvestmentIncomeGrp/ExclusionAmt02467538
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02467538
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt078532741
IRS990/InvestmentsPubTradedSecGrp/EOYAmt072033441
IRS990/IRPDocumentCnt045
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01118233
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0501050
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0550728
IRS990/LandBldgEquipCostOrOtherBssAmt01668961
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt07649640
IRS990/LessRentalExpensesGrp/RealAmt018713
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION WAS FORMED TO ACCUMULATE AND HOLD FUNDS FOR USE IN SATISFYING MEDICAL PROFESSIONAL LIABILITY CLAIMS AGAINST THE UNIVERSITY OF VIRGINIA PHYSICIANS' GROUP AND COVERED CLINICIANS OF UNIVERSITY OF VIRGINIA HEALTH.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt08210126
IRS990/NetAssetsOrFundBalancesEOYAmt0470998
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0402915
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0402915
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt09171
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt09171
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-10243766
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt08210126
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0470998
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt029498
IRS990/OfficeExpensesGrp/TotalAmt029498
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0260561
IRS990/OtherAssetsTotalGrp/EOYAmt0298203
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt014337
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt015363
IRS990/OtherEmployeeBenefitsGrp/TotalAmt029700
IRS990/OtherExpensesGrp/Desc0LOSS & LOSS ADJUSTMENTS
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2EQUIPMENT RENTAL AND MA
IRS990/OtherExpensesGrp/Desc3PRINTING AND PUBLICATIO
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010
IRS990/OtherExpensesGrp/ProgramServicesAmt04488746
IRS990/OtherExpensesGrp/ProgramServicesAmt1162812
IRS990/OtherExpensesGrp/ProgramServicesAmt225674
IRS990/OtherExpensesGrp/ProgramServicesAmt3143
IRS990/OtherExpensesGrp/TotalAmt04488746
IRS990/OtherExpensesGrp/TotalAmt1162822
IRS990/OtherExpensesGrp/TotalAmt225674
IRS990/OtherExpensesGrp/TotalAmt3143
IRS990/OtherLiabilitiesGrp/BOYAmt076358020
IRS990/OtherLiabilitiesGrp/EOYAmt077097516
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0PROFIT SHARING - REINSURANCE
IRS990/OtherRevenueMiscGrp/ExclusionAmt0358536
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0358536
IRS990/OtherRevenueTotalAmt0358536
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0213754
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0136884
IRS990/OtherSalariesAndWagesGrp/TotalAmt0350638
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt036508
IRS990/PayrollTaxesGrp/ProgramServicesAmt031636
IRS990/PayrollTaxesGrp/TotalAmt068144
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt031879
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt018919
IRS990/PensionPlanContributionsGrp/TotalAmt050798
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt067545
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt098438
IRS990/PrincipalOfficerNm0REBECCA W WEST ESQ
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525920
IRS990/ProgramServiceRevenueGrp/Desc0PREMIUM ASSESSMENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06342719
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06342719
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03334042
IRS990/PYOtherExpensesAmt08388331
IRS990/PYOtherRevenueAmt048851
IRS990/PYProgramServiceRevenueAmt05857841
IRS990/PYRevenuesLessExpensesAmt0-899594
IRS990/PYSalariesCompEmpBnftPaidAmt01751997
IRS990/PYTotalExpensesAmt010140328
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09240734
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02504638
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt09171
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt06342719
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05247944
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04620319
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0UNIVERSITY OF VIRGINIA PHYSICIANS' GROUP'S PRESIDENT AND CEO SERVE ON THE BOARD OF THE ORGANIZATION AND THE MAJORITY OF THE PHYSICIAN DIRECTORS ARE EMPLOYEES OF UNIVERSITY OF VIRGINIA PHYSICIANS' GROUP. THE ORGANIZATION'S BOARD OF DIRECTORS ADOPTS THE INVESTMENT POLICY.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE ORGANIZATION WAS FORMED TO ACCUMULATE AND HOLD FUNDS FOR USE IN SATISFYING MEDICAL PROFESSIONAL LIABILITY CLAIMS AGAINST THE UNIVERSITY OF VIRGINIA PHYSICIANS' GROUP AND COVERED CLINICIANS OF UNIVERSITY OF VIRGINIA HEALTH.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2IF IT WEREN'T FOR THE ORGANIZATION ACCUMULATING AND HOLDING FUNDS FOR USE IN SATISFYING MEDICAL PROFESSIONAL LIABILITY CLAIMS AGAINST THE UNIVERSITY OF VIRGINIA PHYSICIANS' GROUP AND TRUST COVERED CLINICIANS, UNIVERSITY OF VIRGINIA PHYSICIANS' GROUP AND THE UNIVERSITY OF VIRGINIA WOULD NEED TO PROVIDE MEDICAL PROFESSIONAL LIABILITY INSURANCE THROUGH ANOTHER SOURCE.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION D, LINE 3:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION E, LINE 2A:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART IV, SECTION E, LINE 2B:
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$77,604,181
Liabilities
$77,133,183
Net assets
$470,998
Revenue
$9,580,879
Expenses
$7,076,241
Net income
$2,504,638
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$108$72.9$34.9$11.1$6.01$5.06
2024Detailed filing. Detailed filing data is available for this year.$97.9$73.5$24.4$11.6$4.33$7.31
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$85.0$74.5$10.4$9.94$2.69$7.25
2022Detailed filing. Detailed filing data is available for this year.$77.6$77.1$0.47$9.58$7.08$2.50
2021Detailed filing. Detailed filing data is available for this year.$84.6$76.4$8.21$9.24$10.1$0.90
2020Detailed filing. Detailed filing data is available for this year.$73.4$71.9$1.52$8.21$7.17$1.04
2019Detailed filing. Detailed filing data is available for this year.$72.1$71.6$0.48$7.44$10.5$3.06
2018Detailed filing. Detailed filing data is available for this year.$68.4$66.2$2.22$7.48$7.79$0.32
2017Detailed filing. Detailed filing data is available for this year.$67.1$65.2$1.89$8.92$9.93$1.01
2016Detailed filing. Detailed filing data is available for this year.$63.9$60.0$3.94$4.23$8.78$4.56
2015Detailed filing. Detailed filing data is available for this year.$66.7$59.1$7.63$8.48$8.56$0.09
2014Detailed filing. Detailed filing data is available for this year.$66.6$57.0$9.58$6.92$8.80$1.89
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$61.4$52.5$8.84$6.50
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$59.5$51.2$8.27$7.83
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$60.7$51.4$9.35$5.29