EIN 03-0372512

Hills Insurance Company

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
2002
Most recent tax filings
2022-12-01
Description
Hills Insurance Company provides self-insurance to hospitals owned and/or controlled by its member, Franciscan Alliance, Inc. It operates as a captive insurance company issuing policies of professional and general liability and other property and casualty insurances to Franciscan Alliance, Inc. and affiliates. The not-for-profit corporation of Franciscan Alliance, Inc. sponsors the company, under the governance of the Sisters of St. Francis of Perpetual Help. Hills Insurance Company is located in Mishawaka, IN.
Related structure
Hills Insurance Company is a subordinate organization under Franciscan Alliance.
Total revenues
$29,753,708
2022
Total expenses
$12,510,739
2022
Total assets
$209,929,373
2022
Num. employees
0
2022

Program areas at Hills Insurance Company

Franciscan alliance, Inc. is a not-for-profit corporation which provides health care and related services to the communities in which it operates. The sponsorship of franciscan alliance, Inc. is under the governance of the sisters of st. francis of perpetual adoration. Hospitals owned and/or controlled by franciscan alliance, Inc. are not-for-profit health care providers established to meet the health care needs of area residents. The Hills Insurance Company, Inc. is a wholly-owned subsidiary of franciscan alliance, Inc. Formed to provide self-insurance for franciscan alliance, Inc. In this regard, the Hills Insurance Company, Inc. Provides professional and general liability Insurance coverages to its member, franciscan alliance, Inc., and the hospitals owned and/or controlled by franciscan alliance, Inc.

Personnel at Hills Insurance Company

NameTitleCompensation
Kevin D LeahyPresident and Chair$0
Lethia Marie LeveilleCorporate Secretary / Director , Secretary$0
Russell A YoungDirector , Assistant Secretary$0
M Ann Kathleen MagieraDirector , Treasurer$0
Jane Marie KleinDirector and Chair / Director , Chairperson$0
...and 6 more key personnel

Financials for Hills Insurance Company

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$16,415,565
Investment income and dividends$3,175,803
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$10,162,340
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$29,753,708

Form 990s for Hills Insurance Company

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-04-01990View PDF
2018-122020-02-10990View PDF
...and 11 more Form 990s
Data update history
January 12, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 29, 2023
Used new vendors
Identified 2 new vendors, including , and
July 29, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 29, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 19, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Mutual assistance organizationsInsurance companiesEnvironmental organizationsChapter / child organizationsCharities
Issues
No issues found
Characteristics
Operates internationallyTax deductible donationsNo full-time employees
General information
Address
1515 Dragoon Trail
Mishawaka, IN 46544
Metro area
South Bend-Mishawaka, IN-MI
County
St. Joseph County, IN
Phone
(574) 256-3935
IRS details
EIN
03-0372512
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2002
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Y20: Insurance Providers, Services
NAICS code, primary
524126: Direct Property and Casualty Insurance Carriers
Parent/child status
Subordinate organization
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