Fojp Service Corporation
Fojp Service Corporation
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About this organization
Revenue
$305,742,399
Expenses
$305,742,399
Mission
See Schedule O
About
Fojp's risk management and insurance services are provided through the following programs: (i) Professional and general liability insurance services for hospitals and their employed physicians that would otherwise have to be performed as internal activities by the hospitals; (ii) General liability and professional liability insurance services for the social service agencies that would otherwise have to be performed as internal activities by the social service agencies; (iii) Group and individual entity commercial property and liability insurance services for all beneficiary organizations that would otherwise have to be performed as internal activities by the beneficiary organizations; and (iv) Management and claims services for Hospitals Insurance Company, Inc. (HIC), a related organization, which is a New York domiciled insurance company that principally writes physician medical malpractice insurance that is controlled by the Mount Sinai Hospital (Mt. Sinai), Beth Israel Medical Center (Beth Israel), Montefiore Medical Center (Montefiore) and Maimonides Medical Center (Maimonides) as of 12/31/18, all of which are supported institutions of Fojp.
Interesting data from their 2020 990 filing
The filing reveals the mission of the non-profit as “Fojp provides risk management and insurance services to certain of the beneficiary organizations of uja-federation of new york ("uja-federation"), all of which are 501(c)(3) institutions. these supported institutions include long-term care facilities, social service agencies, and hospitals.”.
When detailing its functions, they were listed as: “See schedule o”.
- According to the law, the state where the non-profit operates has been reported as NY.
- The filing specifies that the non-profit's address in 2020 was 111 West 33rd Street, NEW YORK, NY, 10001.
- As of 2020, the non-profit's form shows they have a total of 144 employees.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Provides credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $0.
- The CEO compensation scheme within the organization is based on a review and endorsement process by a neutral entity.
- The organization elects its board members.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 9 independent voting members.
- The organization was formed in 1977.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization pays $23,654,858 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization's financial statements were reviewed by an accountant.