Nonprofit · EIN 14-1909894
GEISINGER INSURANCE CORPORATION RISK RETENTION GROUP
Tax-exempt · DANVILLE, PA 17822
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,052,974 | $1,667,180 | $385,794 | $4,707,997 | $1,713,250 | $2,994,747 |
| December 31, 2023 | 990 | $1,963,126 | $1,684,727 | $278,399 | $5,054,824 | $2,445,549 | $2,609,275 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $2,005,769
- Investment income
- $47,205
- Net gain from sales of assets
- $1,352
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $7,673
- Accounting fees
- $164,760
- Program services (functional)
- $1,581,344
- Management and general (functional)
- $85,836
Balance sheet and other
- Total assets, start of year
- $5,054,824
- Total assets, end of year
- $4,707,997
- Total liabilities, end of year
- $1,713,250
- Net assets, end of year
- $2,994,747
- Publicly traded securities
- $970,928
- Gross unrelated business income
- $329
- Gross receipts
- $2,052,974
- Employees
- 0
- Volunteers
- 1
- Year formed
- 2004
- State of legal domicile
- VT
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAEWON RYU MD JD | PRESIDENT, DIRECTOR Trustee or director, Officer | 0 | $0 | $8,428,472 | $5,867,423 |
| TERRY GILLILAND MD | PRESIDENT, DIRECTOR Trustee or director, Officer | 0 | $0 | $2,349,920 | $867,580 |
| KEVIN V ROBERTS MBA CPA | DIRECTOR OF TREASURY Former | 0 | $0 | $2,685,093 | $66,232 |
| JAMES E HARTLE MD | VP, DIRECTOR Trustee or director, Officer | 0 | $0 | $1,912,326 | $64,660 |
| CINDY SHERIDAN ESQUIRE | SECRETARY, DIRECTOR Trustee or director, Officer | 0 | $0 | $365,736 | $43,050 |
| TAMMY LEIBY | DIRECTOR Trustee or director | 0 | $0 | $342,156 | $52,120 |
| PATTI F PALLITO | FORMER OFFICER Former | 0 | $0 | $189,955 | $46,518 |
| EDELYN MILLER | FORMER OFFICER Former | 0 | $0 | $103,645 | $0 |
| SHERI TREMBLAY CPA AIAF | ASSISTANT SECRETARY, DIRECTOR Trustee or director, Officer | 0.25 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAEWON RYU MD JD | PRESIDENT, D Trustee or director, Officer | 0 | $0 | $5,492,112 | $1,571,914 |
| KEVIN V ROBERTS MBA CPA | TREASURER, D Trustee or director, Officer | 0 | $0 | $3,588,266 | $60,007 |
| JAMES E HARTLE MD | VP, DIRECTOR Trustee or director, Officer | 0 | $0 | $2,644,773 | $323,763 |
| CINDY SHERIDAN ESQUIRE | SECRETARY, D Trustee or director, Officer | 0 | $0 | $353,078 | $39,820 |
| TAMMY LEIBY | DIRECTOR Trustee or director | 0 | $0 | $314,794 | $49,090 |
| SHERI TREMBLAY CPA AIAF | ASST. SECRET Trustee or director, Officer | 0.25 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 100 N ACADEMY AVE MC 49-70, DANVILLE, PA 17822-9800
- In care of
- % AON INSURANCE MANAGERS
- Principal officer (990 for 2024)
- TERRY GILLILAND MD, 100 N ACADEMY AVE MC 22-01, DANVILLE, PA 178229800
- Signed the 990
- ERIN M FITZGERALD CPA, INTERIM CO-CFO
- Phone
- (570) 271-6624
- Website
- WWW.GEISINGER.ORG
- Return prepared by
- PwC US Tax LLP
Mission
GEISINGER INSURANCE CORPORATION, RISK RETENTION GROUP PROVIDES COST EFFECTIVE LIABILITY INSURANCE OPTIONS TO ITS NONPROFIT MEMBERS IN ORDER TO FACILITATE THE ACHIEVEMENT OF THEIR MISSION.
Program accomplishments
- GEISINGER INSURANCE CORPORATION, RISK RETENTION GROUP (THE COMPANY) IS A SELF-INSURANCE FUNDING VEHICLE FOR AFFILIATED ENTITIES, AND AS SUCH AN INTEGRAL PART OF EACH OF THEIR NONPROFIT, CHARITABLE HEALTHCARE OPERATIONS. THE COMPANY WAS FORMED PRIMARILY TO ADDRESS THE LACK OF MEDICAL PROFESSIONAL LIABILITY COVERAGE IN THE COMMONWEALTH OF PENNSYLVANIA, AND TO ENABLE GEISINGER TO COMPLY WITH THE PENNSYLVANIA MEDICAL CARE AVAILABILITY AND REDUCTION OF ERROR ACT (MCARE) (1), WHICH REQUIRES PENNSYLVANIA PHYSICIANS AND HEALTHCARE INSTITUTIONS TO OBTAIN PRIMARY PROFESSIONAL LIABILITY COVERAGE FROM A QUALIFIED SELF-INSURANCE TRUST OR AN INSURER LICENSED TO PROVIDE SUCH LIABILITY COVERAGE IN PENNSLYVANIA. THE COMPANY IS ORGANIZED AND OPERATED AS A NONPROFIT MEMBERSHIP CORPORATION UNDER THE VERMONT NONPROFIT CORPORATION ACT, TITLE 11B OF THE VERMONT STATUES ANNOTATED. THE COMPANY'S MEMBERSHIP IS LIMITED TO THE FOLLOWING MEMBER ORGANIZATIONS OF GEISINGER, EACH OF WHICH IS INSURED BY THE COMPANY: GEISINGER MEDICAL CENTER GEISINGER COMMUNITY HEALTH SERVICES GEISINGER WYOMING VALLEY MEDICAL CENTER GEISINGER CLINIC COMMUNITY MEDICAL CENTER DBA: GEISINGER COMMUNITY MEDICAL CENTER GEISINGER-BLOOMSBURG HOSPITAL GEISINGER-LEWISTOWN HOSPITAL GEISINGER JERSEY SHORE HOSPITAL GEISINGER MEDICAL CENTER MUNCY THE COMPANY PROVIDES MEDICAL PROFESSIONAL LIABILITY COVERAGE EXCLUSIVELY TO THE GEISINGER 501(C)(3) MEMBER AFFILIATES.Expenses $1,581,344 · revenue $2,005,769
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 14-1909894
- 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
- 2005
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y200)
- Assets (IRS master file)
- $4,707,997
- Income (IRS master file)
- $2,052,974
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,052,974 | $1,667,180 | $4,707,997 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $1,963,126 | $1,684,727 | $5,054,824 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $1,922,064 | $1,610,914 | $3,527,378 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 14-1909894).
Questions about GEISINGER INSURANCE CORPORATION RISK RETENTION GROUP
- What is the EIN of GEISINGER INSURANCE CORPORATION RISK RETENTION GROUP?
- The employer identification number (EIN) of GEISINGER INSURANCE CORPORATION RISK RETENTION GROUP is 14-1909894.
- Is GEISINGER INSURANCE CORPORATION RISK RETENTION GROUP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to GEISINGER INSURANCE CORPORATION RISK RETENTION GROUP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does GEISINGER INSURANCE CORPORATION RISK RETENTION GROUP 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 GEISINGER INSURANCE CORPORATION RISK RETENTION GROUP due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GEISINGER INSURANCE CORPORATION RISK RETENTION GROUP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of GEISINGER INSURANCE CORPORATION RISK RETENTION GROUP?
- The 990 for the year ended December 31, 2024 names TERRY GILLILAND MD.
- Who are the officers and directors of GEISINGER INSURANCE CORPORATION RISK RETENTION GROUP?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does GEISINGER INSURANCE CORPORATION RISK RETENTION GROUP have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,052,974, expenses of $1,667,180 and total assets of $4,707,997 at year end.
Other nonprofits in DANVILLE
- FAIRVIEW CEMETERY COMPANY EIN 24-0575319 · last filed 990-EZ for 2025
- ST PAULS STRAUBS EVANGELICAL LUTHERAN CEMETERY EIN 23-2985159 · last filed 990-N for 2025
- GEISINGER HEALTH PLAN EIN 23-2311553 · last filed 990 for 2024
- GEISINGER MEDICAL CENTER EIN 24-0795959 · last filed 990 for 2024
- GEISINGER CLINIC EIN 23-6291113 · last filed 990 for 2024
- GEISINGER WYOMING VALLEY MEDICAL CENTER EIN 23-1996150 · last filed 990 for 2024
- GEISINGER SYSTEM SERVICES EIN 23-2164794 · last filed 990 for 2024
- COMMUNITY MEDICAL CENTER EIN 24-0862246 · last filed 990 for 2024
All nonprofits in DANVILLE · Pennsylvania · Mutual and membership benefit