Lawyers Premium Ins Tr is located in Houston, TX. The organization was established in 2017. According to its NTEE Classification (Y23) the organization is classified as: Mutual Insurance Companies & Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lawyers Premium Ins Tr is a 501(c)(15) and as such, is described as a "Mutual Insurance Company or Association" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
DURING 2019 THE ORGANIZATION PROVIDED INSURANCE COVERAGE FOR PROPERTY, CASUALTY, ERRORS AND OMISSIONS, AND MALPRACTICE CLAIMS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Cantrell Trustee | 20 | $75,654 | |
Derek Matta Director | 5 | $9,644 | |
William P Cantrell Director | 5 | $9,644 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $88,750 |
| Membership dues | $0 |
| Investment income | $6,192 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $94,942 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $94,942 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $94,942 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $299,100 |
| Other assets | $0 |
| Total assets | $371,850 |
| Total liabilities | $88,750 |
| Net assets or fund balances | $283,100 |
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