Broadline Risk Retention Group Inc

Organization Overview

Broadline Risk Retention Group Inc is located in Colchester, VT. The organization was established in 2014. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Broadline Risk Retention Group Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Broadline Risk Retention Group Inc generated $22.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $16.4m during the year ending 12/2021. While expenses have increased by 0.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE PROFESSIONAL, GENERAL AND EXCESS LIABILITY INSURANCE COVERAGES TO THE ALBERT EINSTEIN HEALTHCARE NETWORK AND ITS EIGHT AFFILIATED MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BROADLINE RISK RETENTION GROUP, INC. IS PART OF THE ALBERT EINSTEIN HEALTHCARE NETWORK (AEHN) AND ITS EIGHT AFFILIATED MEMBERS, AND IS ORGANIZED AS A NONPROFIT CORPORATION FOR THE PURPOSE OF PROVIDING PROFESSIONAL, GENERAL AND EXCESS LIABILITY INSURANCE COVERAGES TO AEHN AND ITS AFFILIATED MEMBERS. THE COSTS ASSOCIATED WITH PROVIDING INSURANCE COVERAGES ARE IN FURTHERANCE OF THE ORGANIZATION'S TAX-EXEMPT PURPOSE OF SUPPORTING AEHN AND ITS AFFILIATED MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Director (thru Aug 2021)
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Eckert Seamans Cherin & Mellott Llc
Loss Adjuster Services
$554,346
O'brien & Ryan Llp
Loss Adjuster Services
$306,877
Goldberg Miller & Rubin Pc
Loss Adjuster Services
$407,144
Post & Schell Pc
Loss Adjuster Services
$433,742
Obermayer Rebmann Maxwell & Hippel Llp
Loss Adjuster Services
$533,274
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$20,377,079
Investment income $462
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,096,952
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $22,474,493

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