Mission
CRUDEN BAY PROVIDES MEDICAL PROFESSIONAL LIABILITY COVERAGE AND DIRECTORS AND OFFICERS LIABILITY COVERAGE.
Public Charity
CRUDEN BAY RISK RETENTION GROUP INC
CRUDEN BAY RISK RETENTION GROUP INC is a Public Charity headquartered in BURLINGTON, VT. Financial data from the 2024 filing: $6.6M revenue, $1.2M expenses, $20.1M total assets.
EIN: 270057453
BURLINGTON, VT
Mutual & Membership Benefit N.E.C.
NTEE: Y99
Latest filing: 2024
Total Revenue$6.6M
Total Expenses$1.2M
Total Assets$20.1M
Grant Records0
Filing Years2019–2024
Where $100 goes at Cruden Bay Risk Retention Group Inc
How Cruden Bay Risk Retention Group Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$96
Programs
the work itself
$4
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $96 for programs
$96
Cruden bay was formed to support the nemours foundation by providing medical professional liability insurance to nemours physicians and surgeons in florida, pennsylvania, and new jersey
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
DIRECTOR (TO AUG '24)
Dr Michael Erhard
DIRECTOR (TO AUG '24)
Laura Kowal
TREASURER AND DIRECTOR (TO AUG '23)
Robert D Bridges
PRESIDENT AND TREASURER
Rodney Mckendree
SECRETARY AND DIRECTOR
Ryan Gadapee
ASSISTANT TREASURER
William W Higginbotham Ii
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $6.6M | $1.2M | $20.1M |
| 2023 | $6.2M | $6.4M | $18.3M |
| 2022 | $6.1M | $5.0M | $16.6M |
| 2020 | $3.9M | $4.3M | $17.9M |
| 2019 | $3.5M | $2.0M | $17.7M |
Between 2019 and 2024, reported annual revenue grew from $3.5M to $6.6M (+86%), with total assets most recently reported at $20.1M.
Interactive year-over-year charts and full filing details available with membership.