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EIN 20-4372643

Lions Insurance Company

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Indianapolis
State
Indiana
Year formed
2005
Most recent tax filings
2022-12-01
NTEE code, primary
Y20: Insurance Providers, Services
Description
To provide Insurance covering the professional (malpractice) and general liability exposures of the nursing homes operated by health and hospital corporation of marion county (hhc); to provide tail coverage relating to potential exposure for professional and general claims incurred prior to the inception of Lions Insurance Company.
Total revenues
$7,201,564
2022
Total expenses
$3,934,816
2022
Total assets
$36,383,716
2022
Num. employees
0
2022

Program areas at Lions Insurance Company

Lions Insurance Company is a component unit of health and hospital corporation of marion county (hhc). Hhc is a municipal entity created by state statute, Indiana code section 16-22-8 et seq. Lions Insurance Company is a pure captive insurer organized as a nonprofit corporation that provides Insurance and reinsurance coverage for hhc's nursing homes. During 2022 Lions Insurance Company closed a total of 28 cases made by or on behalf of hhc nursing home residents. In 6 of those cases Lions paid to settle the claim. Settlement payments totaled $719,002.

Personnel at Lions Insurance Company

NameTitleCompensation
Paul BabcockPresident$0
Frances Brooke DunnTreasurer$0
Nichole GoddardSecretary$0
Daniel E SellersSecretary , Treasurer / Vice President , Secretary , and Treasurer / Vice President , Secretary and Treasurer$0

Financials for Lions Insurance Company

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$6,732,285
Investment income and dividends$469,279
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$7,201,564

Form 990s for Lions Insurance Company

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2019-122021-03-01990View PDF
2018-122020-02-03990View PDF
...and 9 more Form 990s
Data update history
January 5, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Updated personnel
Identified 4 new personnel
December 25, 2023
Used new vendors
Identified 2 new vendors, including , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Mutual assistance organizationsInsurance companiesEnvironmental organizationsHeadquarter / parent organizationsCharities
Issues
No issues found
Characteristics
State / local levelTax deductible donationsNo full-time employees
General information
Address
3838 N Rural St
Indianapolis, IN 46205
Metro area
Indianapolis-Carmel-Anderson, IN
Website URL
lioninsurancecompany.com/ 
Phone
(317) 221-2267
IRS details
EIN
20-4372643
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2005
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
Central organization
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