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EIN 36-3020034

University of Chicago Self Insurance Trust

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Chicago
State
Illinois
Year formed
1979
Most recent tax filings
2023-06-01
NTEE code, primary
Y20: Insurance Providers, Services
Description
The University of Chicago Self Insurance Trust settles health care patient claims asserting professional negligence against the University of Chicago, the University of Chicago Medical Center, their employees, and agents by making payments from the Trust. In addition, the program also provides excess insurance premiums for claims exceeding the self-insured retention and other miscellaneous expenses related to the program.
Related structure
University of Chicago Self Insurance Trust is a subordinate organization under The University of Chicago (UChicago).
Total revenues
$32,579,477
2023
Total expenses
$36,246,276
2023
Total assets
$299,047,695
2023
Num. employees
0
2023

Program areas at University of Chicago Self Insurance Trust

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.

Personnel at University of Chicago Self Insurance Trust

NameTitle
Brett PadgettAssistant Vice President Finance
Jee He KimAssociate Vice President for Finance
Brett Padgett AvpAssistant Vice President Finance

Financials for University of Chicago Self Insurance Trust

RevenuesFYE 06/2023
Total grants, contributions, etc.$0
Program services$24,365,858
Investment income and dividends$19,825,725
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-11,612,106
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$32,579,477

Form 990s for University of Chicago Self Insurance Trust

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-13990View PDF
2022-062023-05-12990View PDF
2021-062022-05-12990View PDF
2020-062021-05-18990View PDF
2019-062021-04-30990View PDF
...and 9 more Form 990s
Data update history
July 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Updated personnel
Identified 2 new personnel
June 27, 2023
Used new vendors
Identified 7 new vendors, including , , , , , , and
May 13, 2023
Used new vendors
Identified 4 new vendors, including , , , and
August 19, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Mutual assistance organizationsInsurance companiesChapter / child organizationsCharities
Issues
No issues found
Characteristics
State / local levelTax deductible donationsNo full-time employees
General information
Address
6054 S Drexel Ave
Chicago, IL 60637
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Phone
(773) 702-1941
IRS details
EIN
36-3020034
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1979
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Y20: Insurance Providers, Services
NAICS code, primary
52411: Direct Life, Health, and Medical Insurance Carriers
Parent/child status
Subordinate organization
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