Advanced Providers Insurance Risk Retention Group Inc

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Advanced Providers' Insurance Risk Retention Group, Inc. - Home | Advanced Providers' Insurance Risk Retention Group, Inc.

THE COMPANY IS A RISK RETENTION GROUP (RRG) THAT ISSUES MEDICAL PROFESSIONAL LIABILITY INSURANCE CONTRACTS TO ITS MEMBER HEALTHCARE PROVIDERS WHO SPECIALIZE IN GERIATRIC CARE FOR HOME BOUND PATIENTS.
201095828
EIN
2004
Founded
Phoenix, AZ 85012 United States
Address
apirrg.com
Web
Description

Advanced Providers Insurance Risk Retention Group Inc

Overview

Advanced Providers Insurance Risk Retention Group Inc is a nonprofit organization, specifically classified as a mutual insurance company or association. It is designated to provide insurance to its members substantially at cost, which aligns with its status as a Mutual/Membership Benefit Organization, Other / Mutual Insurance Company or Association (NTEE)[1].

Purpose and Activities

The organization was formed primarily by home-based primary care providers to cater to the insurance needs of professionals in this specialty, including physicians, nurse practitioners, physician assistants, podiatrists, psychiatrists, and other healthcare providers[2]. Advanced Providers' main objective is to provide professional liability insurance tailored for home-based care providers, offering competitive pricing by understanding their unique operational risks and reduced exposure compared to traditional office practices[2].

Financial and Governance Information

As of its latest tax filings, Advanced Providers Insurance Risk Retention Group Inc reported significant revenue from program services, totaling $59,302, which accounted for approximately 72.2% of its total revenue. Investment income also contributed substantially to its revenue, amounting to $22,171 or about 27.0%[1]. The organization's total assets stood at $1,532,421, with liabilities totaling $249,212[1]. Key personnel include Charles Marlin, serving as President and Treasurer, with compensation noted in recent filings[1].

Membership and Operations

Advanced Providers has served members of the American Academy of Home Care Medicine (AAHCM) for nearly two decades, offering specialized insurance solutions across the country[2]. The organization emphasizes providing the right coverage at the right price, acknowledging the unique challenges faced by home-based care providers, especially during times of economic stress such as the COVID-19 pandemic[2].

Tax Deductibility and Filings

Donations to Advanced Providers Insurance Risk Retention Group Inc are not tax-deductible[1]. The organization files annual Form 990 documents with the IRS, which are publicly available for review[1].

[1] https://projects.propublica.org/nonprofits/organizations/201095828 [2] https://apirrg.com [3] https://apirrg.com/pages/get-a-quote.php [4] https://www.guidestar.org/profile/20-1095828 [5] https://coverager.com/company/advanced-providers-insurance-risk-retention-group/

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Call us now. 18448190846 Whatever the makeup of your practice we have asolution that will lower your premium. Home Based Primary Care Providers Do you find it difficult to secure your professional liability coverage at the right price just because you provide home based primary care services. Are you being over charged because underwriters classify your practice like they do an office practice seeing 30 patients a day when you see half of that number.

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