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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 Providers Insurance Corporation

Providers Insurance Corporation

Fiscal year ending 2021. Filed on May 12, 2022.

55 Merchant Street 24th Floor
24th Floor
Honolulu, Hawaii 96813

Providers Insurance Corporation (EIN: 71-0893000) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2021 IRS Form 990 filing, Providers Insurance Corporation, a 501(c)(3) charitable organization, reported compensation for 9 employees. Among the employees shown here, the average compensation is $1,056,111. The highest compensated employee at Providers Insurance Corporation is Raymond P Vara Jr with fiscal year 2021 compensation of $4,786,313.

Revenue, expenses, and employee compensation

Revenue

$19,689,138

Expenses

$20,273,705

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Raymond P Vara Jr
Board Member
$4,786,313
$0 $2,201,810 $2,584,503
David Okabe
Board of Director, Treasurer
$1,324,228
$0 $946,332 $377,896
Charles R Ching
Board Chair
$1,053,080
$0 $770,901 $282,179
Melinda Ashton, M.D.
BOD, Vice Chair and Secretary
$969,528
$0 $720,839 $248,689
Earl Inouye
Former Officer
$354,675
$0 $285,145 $69,530
Carrie Ann Tsutsui
Assistant Treasurer
$284,291
$0 $230,878 $53,413
Deborah Boyd
BOD, Vice President
$269,686
$0 $235,411 $34,275
Guy Okano
Board of Dir.,President(Pt YR)
$251,922
$0 $207,173 $44,749
Jessica Lewis
Assistant Secretary
$211,280
$0 $170,876 $40,404

Benchmark Employee Compensation

Non-Employee Board Members

Michael Gibson, Esq
Board Member

Mission Statement

AS A CAPTIVE INSURANCE COMPANY, PROVIDERS INSURANCE COMPANY PROVIDES GENERAL LIABILITY OCCURANCE BASED COVERAGE AND HEALTHCARE PROFESSIONAL LIABILITY CLAIMS-MADE COVERAGE ON A DIRECT BASIS TO HAWAI'I PACIFIC HEALTH AND ITS AFFILIATES.

Revisions to this organization profile

May 15, 2025:
2024 Providers Insurance Corporation 990 filed
May 15, 2024:
2023 Providers Insurance Corporation 990 filed
May 16, 2023:
2022 Providers Insurance Corporation 990 filed

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