2025-11-17T16:16:29-05:00 2024-12-31 PWC US TAX LLP 2001 MARKET ST SUITE 1800 PHILADELPHIA PA 19103 990 2024-01-01 010719207 FIRST MEDICAL INSURANCE COMPANY (RRG) % MARSH MANAGEMENT SERVICES I FIRS 8028645599 463 Mountain View Dr STE 301 Colchester VT 05446 MARLENA FERGUSON DIR., PRES. & TREAS. 2155901000 2025-11-17 true true ERICA R MCREYNOLDS P00977806 2673303000 2025-11-17 2024 2025-03-06 01:10:19Z MARLENA FERGUSON 3401 CIVIC CTR BLVD PHILADELPHIA PA 19104 84868875 false X N/A X 2002 VT THE ORGANIZATION PROVIDES INSURANCE FOR THE CHILDREN'S HOSPITAL OF PHILADELPHIA AND CERTAIN AFFILIATED TAX -EXEMPT ORGANIZATIONS. 4 1 0 0 0 0 0 0 14794657 15902254 6370048 10640117 0 0 21164705 26542371 0 0 0 0 0 0 0 0 0 12649099 21158206 12649099 21158206 8515606 5384165 106140016 110531038 69577733 74497356 36562283 36033682 X THE ORGANIZATION PROVIDES INSURANCE FOR THE CHILDREN'S HOSPITAL OF PHILADELPHIA AND CERTAIN AFFILIATED TAX-EXEMPT ORGANIZATIONS. false false 20674573 15902254 INSURANCE FOR CHILDREN'S HOSPITAL OF PHILADELPHIA AND ITS TAX-EXEMPT ENTITIES. 20674573 true false false false false false false false false false false true false false true true true true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false false X 4 1 false false false false true true true true true false false true true true true true true false false false VT X MARSH MANAGEMENT SERVICES I 8028645599 463 MOUNTAIN VIEW DRSTE 301 COLCHESTER VT 05446 X THOMAS HAYDEN SECRETARY 1.0 45.0 X X 0 465688 47758 MARLENA FERGUSON PRESIDENT,& TREASURER 1.0 45.0 X X 0 414670 50810 JAMES AVINGTON SECRETARY 1.0 45.0 X X 0 327432 59335 MICHAEL CORBO FORMER PRESIDENT & TREASURER 0.0 0.0 X 0 132698 2783 AARON CIULLO ASSISTANT TREASURER 1.0 45.0 X X 0 0 0 0 1340488 160686 0 true true false WHITE WILLIAMS ONE LIBERTY PL 1650 MARKET ST STE PHILADELPHIA PA 19103 LEGAL SERVICES 3086034 POST SCHELL FOUR PENN CENTER 1600 JFK BLVD PHILADELPHIA PA 19103 LEGAL SERVICES 576685 BURNS WHITE LLC 457 HADDONFIELD ROAD 510 CHERY HILL NJ 08002 LEGAL SERVICES 443855 MARSHALLDENNEHEYWARNERCOLEMANG 2000 MARKET ST SUITE 2300 PHILADELPHIA PA 19103 LEGAL SERVICES 379072 INSIGHT NORTH AMERICA 200 PARK AVENUE 7TH FLOOR NEW YORK NY 10166 INVESTMENT SERVICES 242944 6 0 INSURANCE PREMIUM EARNED 900099 15902254 15902254 0 0 15902254 3259866 0 3259866 0 0 0 0 0 65706755 58326504 7380251 7380251 7380251 0 0 0 0 0 0 0 0 0 0 26542371 15902254 0 10640117 0 0 0 0 0 0 0 0 0 0 113779 113779 6957 6957 49197 49197 0 0 225167 225167 87241 87241 0 0 0 0 0 0 0 0 0 0 0 0 PROVISION FOR IBNR -2083032 -2083032 LOSSES & LOSS ADJUSTMENT 22215292 22215292 POLICY ACQUIS & UNDERWRITING 496251 496251 GENERAL & ADMINISTRATIVE 47354 46062 1292 21158206 20674573 483633 0 X 5391474 5377968 0 0 0 0 0 2464320 0 0 0 0 0 0 0 0 2062578 2318725 0 0 45589924 50562620 52474123 47908051 0 0 0 0 621917 1899354 106140016 110531038 442565 540718 0 0 0 0 0 0 0 0 0 0 0 0 0 0 69135168 73956638 69577733 74497356 X 0 0 5150516 5150516 31411767 30883166 36562283 36033682 106140016 110531038 5384165 -5912766 X false true X true false X X X 12 THE CHILDREN'S HOSPITAL OF PHILADELPHIA 231352166 3 true 0 0 THE CHILDREN'S HOSPITAL OF PHILADELPHIA FOUNDATION 232237932 7 true 0 0 THE CHILDREN'S HOSPITAL OF PHILADELPHIA PRACTICE ASSOCIATION 232311482 10 true 0 0 CHOP CLINICAL ASSOCIATES INC 223548970 10 true 0 0 CHILDREN'S ANESTHESIOLOGY ASSOCIATES LTD 232592835 10 true 0 0 CHILDREN'S ANESTHESIOLOGY ASSOCIATES OF NEW JERSEY INC 223405673 10 true 0 0 CHILDREN'S HEALTH CARE ASSOCIATES INC 222785804 10 true 0 0 CHILDREN'S HEALTH CARE ASSOCIATES OF NEW JERSEY INC 233036699 10 true 0 0 CHILDREN'S SURGICAL ASSOCIATES LTD 232589322 10 true 0 0 CHILDREN'S SURGICAL ASSOCIATES OF NEW JERSEY INC 223348481 10 true 0 0 RADIOLOGY ASSOCIATES OF THE CHILDREN'S HOSPITAL INC 232665855 10 true 0 0 CHILDREN'S RADIOLOGY ASSOCIATES OF NEW JERSEY PC 811626790 10 true 0 0 12 0 0 false true false false false false false false false false false false false false false true false FORM 990, SCHEDULE A, PART IV, SECTION A, LINE 1 FMIC PROVIDES INSURANCE TO THE CHILDREN'S HOSPITAL OF PHILADELPHIA ("CHOP") AND CERTAIN AFFILIATED TAX-EXEMPT ORGANIZATIONS. CHOP IS THE ONLY NAMED ENTITY IN FMIC'S ARTICLES OF INCORPORATION AND BYLAWS. PROFESSIONAL LIABILITY INSURANCE IS PROVIDED TO CHOP AFFILIATES WHO REQUIRE SUCH INSURANCE, SUCH AS PHYSICIAN PRACTICE PLANS. THESE PHYSICIAN PRACTICE PLANS ARE UNDER THE COMMON CONTROL OF CHOP. GENERAL LIABILITY INSURANCE IS PROVIDED TO CERTAIN CHOP CONTROLLED AFFILIATES. A SUPPORTED ORGANIZATION IS DESIGNATED BY ITS STATUS AS A CONTROLLED AFFILIATE OF CHOP. THE ORGANIZATIONS CURRENTLY SUPPORTED HAVE BEEN SUPPORTED FROM THE TIME FMIC WAS FORMED, OR FROM THE TIME SUCH OTHER ORGANIZATIONS WERE FORMED, AND ARE EXPECTED TO CONTINUE TO BE SUPPORTED SO LONG AS THEY REMAIN CHOP CONTROLLED AFFILIATES. FORM 990, SCHEDULE A, PART IV, SECTION A, LINE 2 TWO OF THE SUPPORTED ORGANIZATIONS THE CHILDREN'S HOSPITAL OF PHILADELPHIA PRACTICE ASSOCIATION AND CHOP CLINICAL ASSOCIATES INC. HAVE AN IRS DETERMINATION STATUS UNDER 509(A)(3). BOTH OF THESE ORGANIZATIONS, HOWEVER, MEET THE SUPPORT TEST REQUIRED UNDER 509(A)(2) AS MOST, IF NOT ALL, OF THEIR REVENUE IS PROGRAM SERVICE REVENUE. SPONSORED ENTERPRISES 17850546 F ASSET-BACKED SECURITIES 3084367 F COMMERCIAL MORTGAGE BACKED SEC 1378997 F MUNICIPAL BONDS 2458435 F FOREIGN GOVERNMENTS 0 F CORPORATE DEBT SECURITIES 23135706 F 47908051 0 LOSSES PAYABLE 4125373 UNEARNED PREMIUM RESERVES 10185566 LOSS ADJUSTMENT EXPENSES 57245699 REINSURANCE PREMUIM PAYABLE 2400000 73956638 X 20404437 -5912767 -5912767 26317204 225167 225167 26542371 20933039 20933039 225167 225167 21158206 SCHEDULE D, PART X, LINE 2 FIN 48 FOOTNOTE FMIC has received exemption from federal income taxes on related income under Section 501(c)(3) of the Internal Revenue Code. Accordingly, no provision for federal income taxes has been recorded on the accompanying financial statements. FMIC does not believe it has taken any uncertain tax positions that would jeopardize its federal income tax exempt status. false true false false false false false false false JAMES AVINGTON SECRETARY 0 260964 0 63369 0 3099 0 21151 0 38184 0 386767 0 0 THOMAS HAYDEN SECRETARY 0 333417 0 115176 0 17095 0 23550 0 24208 0 513446 0 0 MARLENA FERGUSON PRESIDENT,& TREASURER 0 290511 0 99242 0 24917 0 26629 0 24181 0 465480 0 0 MICHAEL CORBO FORMER PRESIDENT & TREASURER 0 62752 0 10000 0 59946 0 2200 0 583 0 135481 0 0 SCHEDULE J, PART I, LINE 4B MARLENA FERGUSON $ 9,477 THOMAS HAYDEN $ 11,390 SCHEDULE J, PART II, COLUMN (C) THE AMOUNT REPORTED HERE MAY INCLUDE CHANGES IN ACTUARIAL VALUES OF SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS ("SERPS") AS REQUIRED TO BE REPORTED BY THE IRS. FORM 990, PART VI, SECTION A, LINES 6 THE FOLLOWING ORGANIZATIONS ARE MEMBERS OF FIRST MEDICAL INSURANCE COMPANY (RRG): - THE CHILDREN'S HOSPITAL OF PHILADELPHIA - THE CHILDREN'S HOSPITAL OF PHILADELPHIA FOUNDATION - THE CHILDREN'S HOSPITAL OF PHILADELPHIA PRACTICE ASSOCIATION - CHILDREN"S HOSPITAL OF PHILADELHIA CLINICAL ASSOCIATES, INC. - CHILDREN'S ANESTHESIOLOGY ASSOCIATES, LTD. - CHILDREN'S ANESTHESIOLOGY ASSOCIATES OF NEW JERSEY - CHILDREN'S HEALTH CARE ASSOCIATES, INC. - CHILDREN'S HEALTH CARE ASSOCIATES OF NEW JERSEY, INC. - CHILDREN'S SURGICAL ASSOCIATES, LTD. - CHILDREN'S SURGICAL ASSOCIATES OF NEW JERSEY, INC. - RADIOLOGY ASSOCIATES OF THE CHILDREN'S HOSPITAL, INC. - CHILDREN'S RADIOLOGY ASSOCIATES OF NEW JERSEY, P.C. FORM 990, PART VI, SECTION A, LINE 7B UNDER FMIC'S BYLAWS, MEMBERS HAVE THE AUTHORITY TO ELECT OR REMOVE THE DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B FMIC RECEIVES AUDITED FINANCIAL STATEMENTS. A PUBLIC ACCOUNTING FIRM PREPARES THE FORM 990 BASED ON THESE FINANCIAL STATEMENTS AS WELL AS OTHER INFORMATION GATHERED. ONCE PREPARED, THE FORM 990 WAS REVIEWED BY THE FINANCE OFFICE OF CHOP AS WELL AS THE DIRECTORS AND BOARD MEMBERS OF FMIC PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12B ALL OFFICERS, DIRECTORS OF FMIC ARE REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM. FORM 990, PART VI, SECTION B, LINE 12C FMIC HAS A CONFLICTS OF INTEREST POLICY. THAT POLICY APPLIES BY ITS TERMS TO THE DIRECTORS AND OFFICERS OF FMIC WHO ARE EMPLOYEES OF THE CHILDREN'S HOSPITAL OF PHILADELPHIA; BY VIRTUE OF ITS ADOPTION BY FMIC, THE POLICY ALSO APPLIES TO THE DIRECTORS AND OFFICERS OF FMIC WHO ARE NOT EMPLOYEES OF THE CHILDREN'S HOSPITAL OF PHILADELPHIA, WITH RESPECT TO THEIR DUTIES REGARDING FMIC. (FMIC DOES NOT HAVE ANY EMPLOYEES.) PURSUANT TO THE POLICY, ANNUAL CONFLICTS OF INTEREST STATEMENTS ARE COMPLETED BY ALL COVERED PERSONS, INCLUDING ALL DIRECTORS AND OFFICERS OF FMIC. THE STATEMENTS ARE REVIEWD BY FMIC BOARD FOR FURTHER REVIEW AND FOLLOW-UP AS NEEDED. FORM 990, PART VI, SECTION C, LINE 19 FORM 990, FINANCIAL STATEMENTS, AND THE CONFLCITS OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. THE CHILDREN'S HOSPITAL OF PHILADELPHIA 3401 CIVIC CTR BLVD PHILADELPHIA PA 19104 231352166 HEALTHCARE PA 501(C)(3) 3 CHOP FDN true CHOP FOUNDATION 3401 CIVIC CTR BLVD PHILADELPHIA PA 19104 232237932 SUPPORT PA 501(C)(3) 7 NA false CHOP PRACTICE ASSOCIATION 3401 CIVIC CTR BLVD PHILADELPHIA PA 19104 232311482 HEALTHCARE PA 501(C)(3) 12 III - FI CHOP true CHOP CLINICAL ASSOCIATES INC 3401 CIVIC CTR BLVD PHILADELPHIA PA 19104 223548970 HEALTHCARE PA 501(C)(3) 12 III - FI CHOP true CHILDREN'S ANESTHESIOLOGY ASSOC LTD 3401 CIVIC CTR BLVD PHILADELPHIA PA 19104 232592835 HEALTHCARE PA 501(C)(3) 10 CHOP true CHILDREN'S ANESTHESIOLOGY ASSOC OF NJ 3401 CIVIC CTR BLVD PHILADELPHIA PA 19104 223405673 HEALTHCARE NJ 501(C)(3) 10 CHOP true CHILDREN'S HEALTH CARE ASSOCIATES INC 3401 CIVIC CTR BLVD PHILADELPHIA PA 19104 222785804 HEALTHCARE PA 501(C)(3) 10 CHOP true CHILDREN'S HEALTH CARE ASSOCIATES OF NJ 51 HADDONFIELD ROAD CHERRY HILL NJ 08002 233036699 HEALTHCARE NJ 501(C)(3) 10 CHOP true CHILDREN'S SURGICAL ASSOCIATES LTD 3401 CIVIC CTR BLVD PHILADELPHIA PA 19104 232589322 HEALTHCARE PA 501(C)(3) 10 CHOP true CHILDREN'S SURGICAL ASSOCIATES OF NJ 3401 CIVIC CTR BLVD PHILADELPHIA PA 19104 223348481 HEALTHCARE NJ 501(C)(3) 10 CHOP true PGH DEVELOPMENT CORPORATION 426 CURIE BLVD PHILADELPHIA PA 19104 232351015 SUPPORT PA 501(C)(3) 12 I NA false SURGICAL ASSOCIATES RESEARCH & EDUCATION 3401 CIVIC CTR BLVD PHILADELPHIA PA 19104 232181768 RESEARCH PA 501(C)(3) 12 III - FI CHOP true RADIOLOGY ASSOCIATES OF CHOP 3401 CIVIC CTR BLVD PHILADELPHIA PA 19104 232665855 HEALTHCARE PA 501(C)(3) 10 CHOP true CHILDREN'S RADIOLOGY ASSOCIATES OF NJ 3401 CIVIC CTR BLVD PHILADELPHIA PA 19104 811626790 HEALTHCARE PA 501(C)(3) 10 CHOP true 1700 BROAD STREET INC 3401 CIVIC CENTER BLVD PHILADELPHIA PA 19014 471509789 REAL ESTATE PA 501(C)(3) 10 CHOP true VITARA BIOMEDICAL INC 2400 MARKET STREET SUITE 271 PHILADELPHIA PA 19103 843545298 BIOMEDICAL DE CHOP FOUNDATION C CORP false false false false false false false false false false false false false false false false false false