Christus Health Liability Retention Trust

Organization Overview

Christus Health Liability Retention Trust is located in Irving, TX. Christus Health Liability Retention Trust 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 06/2017, Christus Health Liability Retention Trust generated $1.7m in total revenue. All expenses for the organization totaled $21.6k during the year ending 06/2017.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2017

Describe the Organization's Mission:

Part 3 - Line 1

CHRISTUS HEALTH LIABILITY RETENTION TRUST PROVIDES LIABILITY PROVIDES LIABILITY INSURANCE FOR THE PARTICIPATING HEALTH CARE CENTERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CHRISTUS HEALTH LIABILITY RETENTION TRUST IS A NONPROFIT TRUST WHOSE EXEMPT PURPOSE IS TO SUPPORT THE HEALTHCARE MINISTRY OF CHRISTUS HEALTH AND ITS AFFILIATED ORGANIZATIONS. THE TRUST PROVIDES LIABILITY INSURANCE FOR THE PARTICIPATING HEALTH CARE CENTERS THROUGH DEDUCTIBLE, NONDEDUCTIBLE, AND RISK RETENTION PROGRAMS AND MAINTAINS FUND BALANCES FOR CLAIMS UNDER THE DEDUCTIBLE AND RISK RETENTION PROGRAMS. CHRISTUS HEALTH WAS FORMED IN 1999 TO STRENGTHEN THE 152-YEAR-OLD, FAITH-BASED HEALTH CARE MINISTRIES OF THE CONGREGATIONS OF THE SISTERS OF CHARITY OF THE INCARNATE WORD OF HOUSTON AND SAN ANTONIO. FOUNDED ON THE MISSION "TO EXTEND THE HEALING MINISTRY OF JESUS CHRIST," CHRISTUS IS CHALLENGED TO REACH OUT TO, AND BEYOND, MORE THAN 60 COMMUNITIES WE SERVE TO HELP THOSE IN NEED. THE VISION OF CHRISTUS HEALTH, AS A CATHOLIC, FAITH-BASED MINISTRY, IS TO BE A LEADER AND ADVOCATE IN CREATING EXEMPLARY HEALTH CARE SERVICES, PROCESSES AND STRUCTURES THAT IMPROVE THE HEALTH OF INDIVIDUALS AND OF LOCAL AND GLOBAL COMMUNITIES SO THAT ALL MAY EXPERIENCE GOD'S HEALING PRESENCE AND LOVE. CHRISTUS HEALTH RESPONDS TO THE HEALTH CARE NEEDS OF THE COMMUNITIES IT SERVES THROUGH SERVICES PROVIDED AT MORE THAN 60 HOSPITALS AND LONG-TERM CARE FACILITIES, AS WELL AS DOZENS OF HEALTH CARE CLINICS, PHYSICIAN OFFICES, OUTPATIENT SERVICES, AND COMMUNITY-BASED PROGRAMS IN TEXAS, LOUISIANA, ARKANSAS, IOWA, MISSOURI, GEORGIA, NEW MEXICO AND MEXICO. WHILE SPECIFIC PROGRAMS AND SERVICES DIFFER FROM FACILITY TO FACILITY, TO MEET COMMUNITY NEEDS, EACH OF OUR HEALTH CARE ENTITIES HAS THE SAME OBJECTIVE -- WHICH IS TO LEAD THE WAY TO A HEALTHIER COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Ernie Sadau
Plan Administrator
$0
Jp Morgan Chase Bank Na
Trustee
$0

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$0
Investment income $178,397
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,490,859
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,685,069

Peer Organizations

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