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Nonprofit · EIN 36-3020034

UNIVERSITY OF CHICAGO SELF INSURANCE TRUST

Tax-exempt · CHICAGO, IL 60637

Financials

$32.6M$36.2M2022$61M$79M2023$44.2M$80.2M2024
Revenue Expenses · by fiscal year end
Financials of UNIVERSITY OF CHICAGO SELF INSURANCE TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$44,175,679$80,187,937-$36,012,258$268,643,095$208,419,828$60,223,267
June 30, 2024990$61,046,275$78,951,810-$17,905,535$288,588,991$234,984,000$53,604,991
June 30, 2023990$32,579,477$36,246,276-$3,666,799$299,047,695$242,675,541$56,372,154
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$36,840,892
Investment income
$7,334,787
Net gain from sales of assets
$4,668,659
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$2,605,611
Program services (functional)
$80,187,937

Balance sheet and other

Total assets, start of year
$288,588,991
Total assets, end of year
$268,643,095
Total liabilities, end of year
$208,419,828
Net assets, end of year
$60,223,267
Publicly traded securities
$54,756,044
Net assets without donor restrictions
$60,223,267
Gross receipts
$51,330,410
Employees
0
Volunteers
0
Year formed
1979
State of legal domicile
IL

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.

NameTitleHours / weekCompensation
UNIVERSITY OF CHICAGOINSTITUTIONAL TRUSTEE
Institutional trustee
0$0
990 for the year ended June 30, 2024: 1 people
NameTitleHours / weekCompensation
UNIVERSITY OF CHICAGOINSTITUTIONAL TRUSTEE
Institutional trustee
0$0
990 for the year ended June 30, 2023: 1 people
NameTitleHours / weekCompensation
University of ChicagoInstitutional Trustee
Institutional trustee
0$0

Address and contacts

Address (IRS master file)
5801 S ELLIS AVENUE, CHICAGO, IL 60637-5418
In care of
% IVAN SAMSTEIN
Principal officer (990 for 2024)
Ivan Samstein, 5801 S ELLIS AVENUE, Chicago, IL 60637
Signed the 990
Jennie Bennett, ASSOCIATE VP FOR FINANCE
Phone
(773) 702-1941
Return prepared by
PWC US TAX LLP

Mission

A SELF INSURANCE PROGRAM FOR THE PURPOSE OF SETTLING HEALTH CARE PATIENT CLAIMS ASSERTING PROFESSIONAL NEGLIGENCE AGAINST THE UNIVERSITY OF CHICAGO, THE UNIVERSITY OF CHICAGO MEDICAL CENTER, THEIR EMPLOYEES AND AGENTS.

990 for the year ended June 30, 2025

Program accomplishments

  • PAYMENTS FROM THE TRUST FOR SETTLING HEALTH CARE CLAIMS ASSERTING PROFESSIONAL NEGLIGENCE. OTHER PROGRAM SERVICE IF DONE DURING THE YEAR: EXCESS INSURANCE PREMIUMS FOR CLAIMS EXCEEDING THE SELF-INSURED RETENTION. MISCELLANEOUS EXPENSES RELATED TO THE PROGRAM FOR ACTUARIAL SERVICES AND OTHER MISCELLANEOUS EXPENSES.
    Expenses $80,187,937 · revenue $36,840,892

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
36-3020034
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
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$268,643,095
Income (IRS master file)
$51,330,410

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$44,175,679$80,187,937$268,643,095IRS
990June 2024$61,046,275$78,951,810$288,588,991IRS
990June 2023$32,579,477$36,246,276$299,047,695XML
990June 2022$16,607,158$53,799,187$330,604,260IRS
990June 2021–––IRS
990June 2020–––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 36-3020034).

Questions about UNIVERSITY OF CHICAGO SELF INSURANCE TRUST

What is the EIN of UNIVERSITY OF CHICAGO SELF INSURANCE TRUST?
The employer identification number (EIN) of UNIVERSITY OF CHICAGO SELF INSURANCE TRUST is 36-3020034.
Is UNIVERSITY OF CHICAGO SELF INSURANCE TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3).
Are donations to UNIVERSITY OF CHICAGO SELF INSURANCE TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does UNIVERSITY OF CHICAGO SELF INSURANCE TRUST 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 UNIVERSITY OF CHICAGO SELF INSURANCE TRUST 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 UNIVERSITY OF CHICAGO SELF INSURANCE TRUST 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 UNIVERSITY OF CHICAGO SELF INSURANCE TRUST?
The 990 for the year ended June 30, 2025 names Ivan Samstein.
Who are the officers and directors of UNIVERSITY OF CHICAGO SELF INSURANCE TRUST?
The 990 for the year ended June 30, 2025 lists 1 person; 0 received compensation from the organization.
How much revenue does UNIVERSITY OF CHICAGO SELF INSURANCE TRUST have?
On its 990 for the year ended June 30, 2025 it reported revenue of $44,175,679, expenses of $80,187,937 and total assets of $268,643,095 at year end.

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