Public Charity

Five Pointe Professional Liability Insurance Company co Wilmington Trust

Five Pointe Professional Liability Insurance Company co Wilmington Trust is a Public Charity headquartered in Wilmington, DE. Financial data from the 2024 filing: $74.4M revenue, $80.4M expenses, $437.3M total assets.

EIN: 204191006 Wilmington, DE Latest filing: 2024
Total Revenue$74.4M
Total Expenses$80.4M
Total Assets$437.3M
Grant Records0
Filing Years2020–2024

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.

Officers & Directors

Director (beginning 1/1/24) / CIO TJU Alfred C Salvato
Secretary / General Counsel MLH Brian T Corbett
Assistant Secretary Courtney Doherty
Director / Five Pointe President Dianne P Salter
Director / Chief Physician Executive JH Edmund D Pribitkin
Director / President & CEO MLH John J Lynch Iii

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $74.4M $80.4M $437.3M
2023 $135.4M $139.0M $393.1M
2022 $47.9M $59.2M $232.5M
2021 $45.8M $46.3M $241.9M
2020 $42.4M $30.2M $212.9M

Between 2020 and 2024, reported annual revenue grew from $42.4M to $74.4M (+75%), with total assets most recently reported at $437.3M.

Interactive year-over-year charts and full filing details available with membership.

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