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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 Promedica Indemnity Corporation

Promedica Indemnity Corporation

Fiscal year ending 2023. Filed on November 12, 2024.

One Church Street 5th Floor
Burlington, Vermont 05401

Promedica Indemnity Corporation (EIN: 34-1931936) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Promedica Indemnity Corporation, a 501(c)(3) charitable organization, reported compensation for 7 employees. Among the employees shown here, the average compensation is $1,123,028. The highest compensated employee at Promedica Indemnity Corporation is Arturo Polizzi with fiscal year 2023 compensation of $2,127,450.

Revenue, expenses, and employee compensation

Revenue

$45,835,586

Expenses

$40,122,249

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Arturo Polizzi
President and Chief Executive Officer
$2,127,450
$0 $2,121,593 $5,857
Steve Sadowski
Trustee/Chief Legal Officer
$1,413,208
$0 $1,407,180 $6,028
Steven M Cavanaugh
Treasurer, CFO - Former
$1,340,837
$0 $1,335,180 $5,657
Terrence Metzger
Treasurer and Trustee
$1,059,169
$0 $1,055,090 $4,079
Jeffrey C Kuhn
Secretary, Chief Legal Officer - Former
$779,348
$0 $748,426 $30,922
Gary Akenberger
Senior Vice President Finance - Former
$572,179
$0 $528,647 $43,532
Scott Fought
Treasurer
$569,006
$0 $561,900 $7,106

Benchmark Employee Compensation

Non-Employee Board Members

Robert Laclair
Trustee
$30,000
$0 $30,000 No other comp
Bob Gagliardi
Trustee
No compensation reported
Louis Robichaux
Treasurer (Part-Year)
No compensation reported
Dan Farrell
Trustee
No compensation reported
Stephanie Mapes
Assistant Secretary
No compensation reported
Thomas Winston
Trustee
No compensation reported
Elaine Canning
Trustee
No compensation reported
Benjamin Gould
Assistant Secretary
No compensation reported
Larry Peterson
Chair
No compensation reported

Mission Statement

PROMEDICA INDEMNITY CORPORATION WILL PROVIDE MEDICAL PROFESSIONAL AND GENERAL LIABILITY INSURANCE COVERAGE EXCLUSIVELY FOR PROMEDICA HEALTH SYSTEM, INC. AND ITS SUBSIDIARIES.

Revisions to this organization profile

October 14, 2025:
2024 Promedica Indemnity Corporation 990 filed
November 12, 2024:
2023 Promedica Indemnity Corporation 990 filed
November 14, 2023:
2022 Promedica Indemnity Corporation 990 filed

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