Nonprofit · EIN 20-4191006
FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY
Tax-exempt · WILMINGTON, DE 19801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $129,405,688 | $101,422,527 | $27,983,161 | $482,884,030 | $352,336,195 | $130,547,835 |
| June 30, 2024 | 990 | $74,431,495 | $80,438,299 | -$6,006,804 | $437,294,885 | $333,789,476 | $103,505,409 |
| June 30, 2023 | 990 | $135,366,544 | $138,953,031 | -$3,586,487 | $393,050,212 | $319,988,062 | $73,062,150 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $89,387,862
- Investment income
- $40,017,826
- Net gain from sales of assets
- $39,870,718
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $175,000
- Accounting fees
- $82,683
- Travel
- $43
- Program services (functional)
- $99,995,103
- Management and general (functional)
- $1,427,424
Balance sheet and other
- Total assets, start of year
- $437,294,885
- Total assets, end of year
- $482,884,030
- Total liabilities, end of year
- $352,336,195
- Net assets, end of year
- $130,547,835
- Gross receipts
- $446,899,282
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2006
- State of legal domicile
- DE
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOHN J LYNCH III | Director / President & CEO MLH Trustee or director | 1 | $0 | $2,611,084 | $691,538 |
| John Mordach | Treasurer (Through 2/18/25) / CFO JH Trustee or director, Officer | 1 | $0 | $2,830,350 | $75,267 |
| THOMAS MARCHOZZI | Director (Beginning 2/19/25) / Executive VP JH Trustee or director | 1 | $0 | $2,115,804 | $18,741 |
| Edmund D Pribitkin | Director / Chief Physician Executive JH Trustee or director | 1 | $0 | $1,784,177 | $205,252 |
| ALFRED C SALVATO | Director / CIO TJU Trustee or director, Officer | 1 | $0 | $1,211,751 | $68,599 |
| Leigh R Ehrlich | Director / CFO MLH Trustee or director | 1 | $0 | $913,866 | $216,067 |
| BRIAN T CORBETT | Secretary (Through 11/1/24) / General Counsel MLH Trustee or director, Officer | 1 | $0 | $890,361 | $37,268 |
| ROBERT J TOY | Director / SVP Deputy General Counsel JH Trustee or director | 1 | $0 | $665,388 | $53,082 |
| DELLA C PAYNE | Director (Beginning 12/15/24) / Senior VP General Counsel MLH Trustee or director | 1 | $0 | $414,348 | $101,748 |
| Lisa Ramthun | Director / VP Risk JH Trustee or director | 1 | $0 | $409,098 | $77,767 |
| DIANNE P SALTER | Secretary (Beginning 2/19/25) / Five Pointe President Trustee or director, Officer | 10 | $0 | $455,034 | $29,190 |
| MICHAEL J BUONGIORNO | Chairman / Former CFO MLH Trustee or director, Officer | 1 | $0 | $170,703 | $8,535 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOHN J LYNCH III | Director / President & CEO MLH Trustee or director | 1 | $0 | $2,587,326 | $418,770 |
| Edmund D Pribitkin | Director / Chief Physician Executive JH Trustee or director | 1 | $0 | $1,410,534 | $186,671 |
| MICHAEL J BUONGIORNO | Chairman / CFO MLH Trustee or director, Officer | 1 | $0 | $1,210,877 | $43,357 |
| ALFRED C SALVATO | Director (beginning 1/1/24) / CIO TJU Trustee or director, Officer | 1 | $0 | $1,167,598 | $64,953 |
| John Mordach | Treasurer / CFO JH Trustee or director, Officer | 1 | $0 | $1,174,158 | $27,717 |
| MICHAEL B WALSH | Director (Through 7/31/23) / Sr VP Finance JH Trustee or director | 1 | $0 | $963,753 | $13,356 |
| BRIAN T CORBETT | Secretary / General Counsel MLH Trustee or director, Officer | 1 | $0 | $836,290 | $126,392 |
| DIANNE P SALTER | Director / Five Pointe President Trustee or director, Officer | 10 | $0 | $435,353 | $28,432 |
| Lisa Ramthun | Director / VP Risk JH Trustee or director | 1 | $0 | $389,745 | $73,437 |
| Leigh R Ehrlich | Director (beginning 1/1/24) / CFO MLH Trustee or director | 1 | $0 | $43,261 | $23,644 |
| KIRK E GORMAN | DIRECTOR (Through 12/31/23) Trustee or director | 1 | $0 | $0 | $0 |
| Courtney Doherty | Assistant Secretary Officer | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOHN J LYNCH III | DIRECTOR Trustee or director | 1 | $0 | $2,005,175 | $597,253 |
| PETER L DEANGELIS JR | DIRECTOR, TREASURER (Through 3/31/23) Trustee or director, Officer | 1 | $0 | $2,177,591 | $230,324 |
| Edmund D Pribitkin | DIRECTOR Trustee or director | 1 | $0 | $1,374,946 | $194,896 |
| MICHAEL J BUONGIORNO | DIRECTOR, CHAIRMAN Trustee or director, Officer | 1 | $0 | $949,105 | $161,630 |
| ALFRED C SALVATO | CHIEF INVESTMENT OFFICER Officer | 1 | $0 | $988,399 | $59,929 |
| BRIAN T CORBETT | DIRECTOR, SECRETARY Trustee or director, Officer | 1 | $0 | $720,653 | $150,998 |
| MICHAEL B WALSH | DIRECTOR Trustee or director | 1 | $0 | $817,725 | $34,929 |
| DIANNE P SALTER | DIRECTOR, PRESIDENT Trustee or director, Officer | 10 | $0 | $436,697 | $28,098 |
| Lisa Ramthun | Director Trustee or director | 1 | $0 | $352,171 | $47,717 |
| John Mordach | Director, Treasurer (Beginning 6/29/23) Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KIRK E GORMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| Courtney Doherty | Assistant Secretary (beginning 7/1/22) Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1105 N MARKET ST, WILMINGTON, DE 19801-1216
- In care of
- % WILMINGTON TRUST
- Principal officer (990 for 2024)
- DIANNE SALTER, 1105 N Market Street 1300, Wilmington, DE 19899
- Signed the 990
- Diane Salter, President
- Phone
- (802) 864-5599
- Return prepared by
- CROWE LLP
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.
Program accomplishments
- FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY PROVIDES REINSURANCE TO MOUNTAIN LAUREL RISK RETENTION GROUP, INC. ("MLRRG"), A RELATED PARTY THROUGH COMMON OWNERSHIP THAT PROVIDES GENERAL LIABILITY AND PROFESSIONAL LIABILITY INSURANCE TO ITS SHAREHOLDERS THAT ARE THE TAX EXEMPT MEMBERS OF FIVE POINTE. THE REINSURANCE COVERAGES ASSIST WITH THE MANAGEMENT AND FUNDING OF THE PROFESSIONAL LIABILITY RISK THEREBY ESSENTIALLY FUNCTIONING AS A SELF-INSURANCE VEHICLE FOR THE TAX EXEMPT MEMBER HOSPITALS AND HEALTHCARE ORGANIZATIONS. A SPONSORED CAPTIVE INSURANCE COMPANY IN THE STATE OF DELAWARE HAS THE ABILITY TO ESTABLISH AND MAINTAIN SEPARATE PROTECTED CELLS WITHIN THE COMPANY WHEREBY THE ASSETS AND LIABILITIES OF ANY ONE CELL ARE FINANCIALLY AND LEGALLY PROTECTED FROM THE ASSETS AND LIABILITIES OF OTHER CELLS. THE COMPANY INSURES THE RISKS OF THE MEMBERS PURSUANT TO MEMBERSHIP AGREEMENTS, AND SEGREGATES SUCH RISKS INTO PROTECTED CELLS. EACH PROTECTED CELL IS ACCOUNTED FOR SEPARATELY ON THE BOOKS AND RECORDS OF THE COMPANY. THE ASSETS AND LIABILITIES OF THE COMPANY ARE SEGREGATED INTO CELL ASSETS AND LIABILITIES AND GENERAL ASSETS AND LIABILITIES. THE GENERAL ASSETS AND LIABILITIES OF THE COMPANY COMPRISE THE ASSETS AND LIABILITIES THAT ARE NOT ASSETS AND LIABILITIES OF ANY ONE OF THE PROTECTED CELLS. THE ACTIVITIES REPRESENTING THE GENERAL ASSETS AND LIABILITIES OF THE COMPANY ARE REFERRED TO AS "THE CORE."Expenses $99,995,103 · revenue $89,387,862
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-4191006
- 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
- 2006
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E11)
- Assets (IRS master file)
- $482,884,030
- Income (IRS master file)
- $446,899,282
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $129,405,688 | $101,422,527 | $482,884,030 | IRS |
| 990 | June 2024 | $74,431,495 | $80,438,299 | $437,294,885 | IRS |
| 990 | June 2023 | $135,366,544 | $138,953,031 | $393,050,212 | XML |
| 990 | June 2022 | $47,889,541 | $59,240,667 | $232,485,102 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 20-4191006).
Questions about FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY
- What is the EIN of FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY?
- The employer identification number (EIN) of FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY is 20-4191006.
- Is FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY 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 FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY?
- The 990 for the year ended June 30, 2025 names DIANNE SALTER.
- Who are the officers and directors of FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY?
- The 990 for the year ended June 30, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $129,405,688, expenses of $101,422,527 and total assets of $482,884,030 at year end.
Other nonprofits in WILMINGTON
- ASTRAZENECA PATIENT ASSISTANCE ORGANIZATION EIN 56-2591004 · last filed 990 for 2024
- CHRISTIANA CARE HEALTH SERVICES INC EIN 51-0103684 · last filed 990 for 2025
- UNION HOSPITAL OF CECIL COUNTY EIN 52-0607945 · last filed 990 for 2025
- ST FRANCIS HOSPITAL INC EIN 51-0064326 · last filed 990 for 2025
- CHRISTIANA CARE HOME HEALTH AND COMMUNITY SERVICES INC EIN 51-0064334 · last filed 990 for 2025
- NEMOURS NEW JERSEY PHYSICIAN PRACTICE PC EIN 46-3160718 · last filed 990 for 2024
- MILTON AND HATTIE KUTZ HOME INC EIN 51-0070786 · last filed 990 for 2023
- ANDREW MCDONOUGH B POSITIVE FOUNDATION EIN 42-1741037 · last filed 990 for 2025