Medical Professional Liability Association
Nonprofit profile at a glance
- EIN
- 222205875
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Rockville, MD, USA
- Phone
- 3019479000
- Rating confidence
- Limited
Reported finances
- Revenue
- $5,828,440
- Expenses
- $5,170,529
- Assets
- $5,067,253
- Liabilities
- $2,577,358
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
22 people listed
Executive titles in this filing
- ERIC ANDERSON (INTERIM PRESIDENT & CEO)
- BRIAN ATCHINSON (PRESIDENT & CEO)
Highest reported compensation
- ERIC ANDERSON (INTERIM PRESIDENT & CEO): $417,660 total reported compensation
- MICHAEL C STINSON (VP GOVT RELATIONS & PUBLIC POLICY): $288,161 total reported compensation
- JILL K KNERR (CHIEF ADMINISTRATIVE OFFICER): $285,691 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To educate, connect, promote, and protect the global medical professional liability insurance community. The association offers resources for professional education and training, networking, compilation and dissemination of data, and risk mitigation strategies all designed to assist companies in broadening their understanding of medical indemnity and insurance issues. The association also advocates on behalf of mpl insurers and works to assist in supporting the healthcare professionals, hospitals, and facilities that these organizations insure.
What it reported doing in 2024
Research and analytics: the research and analytics department is responsible for several key deliverables to our member companies. The primary deliverable is the data sharing project (dsp), which was launched in 1985 and is the longest ongoing independent collaborative database of medical professional liability claims and lawsuits. The dsp is primarily used by member companies to enhance risk management programs and to track claim costs. To date, mpl association members have shared more than 350,000 physician and dental professional claims. Members of the association have access to snapshots and studies. Participating members of the dsp have the highest level of access to information through the dsp dashboards which allow for further comparative analyses. The second key deliverable is the mpl industry overview & analysis report series. This series includes four reports that are delivered throughout the year and provide insights on topics relevant to the mpl industry including: year-end financial reporting, an analysis of the industry's loss reserves, mid-year financial performance, and a relevant topic such as reinsurance. The third key deliverable relates to data and analytics that provide the members with industry-relevant intelligence and that support operational excellence.
Operating model
- Revenue model
- Other-operating. 96% of the money available for current operations came from other operating revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 76
- Accountability: 91
- Sustainability: 44
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 5th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 11.3%; rating input score 65; 65th percentile among comparable filings
- Total-asset coverage ratio: 0.98; rating input score 36; 36th percentile among comparable filings
- Liabilities to assets ratio: 0.51; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 44.7%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 2.2% per year; rating input score 100; 22nd percentile among comparable filings
- Asset growth: 7.8% per year; rating input score 100; 49th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 12 of 12 board members independent · 7 of 9 filing controls reported
- Programs: 4 filed program accomplishments
- Leadership: top reported pay $418K · 22 people listed · 3 of 6 pay-setting controls reported
- Consistency: 13 of 14 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 13 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 10 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
- High — Sustainability: Officer compensation ratio scored 2/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.