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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Health Care Lions Insurance Company

Lions Insurance Company

Fiscal year ending 2023. Filed on November 14, 2024.

3838 North Rural Street
4th Floor
Indianapolis, Indiana 46205

Lions Insurance Company (EIN: 20-4372643) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Lions Insurance Company, a 501(c)(3) charitable organization, reported compensation for 4 employees. Among the employees shown here, the average compensation is $319,888. The highest compensated employee at Lions Insurance Company is Paul Babcock with fiscal year 2023 compensation of $434,499.

Revenue, expenses, and employee compensation

Revenue

$8,662,689

Expenses

$2,816,118

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Paul Babcock
President
$434,499
$0 $350,964 $83,535
Nichole Goddard
Secretary
$326,883
$0 $268,221 $58,662
Francis Brooke Dunn
Treasurer (END 12/11/23)
$265,460
$0 $210,024 $55,436
James Simpson
Treasurer (BEG 12/11/23)
$252,709
$0 $185,932 $66,777

Benchmark Employee Compensation

Non-Employee Board Members

Robert R Putnam
Board Member
Robert W Lazard
Board Member

Contractors

Riley Bennett Egloff
Legal
$398,548
Schultz and Pogue LLP
Legal
$184,769
Faegre Drinker Biddle & Reath LLP
Captive Manager
$128,000

Mission Statement

TO PROVIDE INSURANCE COVERING THE PROFESSIONAL (MALPRACTICE) AND GENERAL LIABILITY EXPOSURES OF THE NURSING HOMES OPERATED BY HEALTH AND HOSPITAL CORPORATION OF MARION COUNTY (HHC); TO PROVIDE TAIL COVERAGE RELATING TO POTENTIAL EXPOSURE FOR PROFESSIONAL AND GENERAL CLAIMS INCURRED PRIOR TO THE INCEPTION OF LIONS INSURANCE COMPANY.

Revisions to this organization profile

October 6, 2025:
2024 Lions Insurance Company 990 filed
November 14, 2024:
2023 Lions Insurance Company 990 filed
November 14, 2023:
2022 Lions Insurance Company 990 filed

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