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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 2022. Filed on May 16, 2023.

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 2022 IRS Form 990 filing, Providers Insurance Corporation, a 501(c)(3) charitable organization, reported compensation for 10 employees. Among the employees shown here, the average compensation is $978,778. The highest compensated employee at Providers Insurance Corporation is Raymond P Vara Jr with fiscal year 2022 compensation of $4,788,176.

Revenue, expenses, and employee compensation

Revenue

$20,542,985

Expenses

$22,394,631

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Raymond P Vara Jr
Board Member
$4,788,176
$0 $2,290,034 $2,498,142
David Okabe
Board of Director, Treasurer
$1,345,287
$0 $953,161 $392,126
Charles R Ching
Board Chair
$1,227,786
$0 $959,131 $268,655
Melinda Ashton, M.D.
Board of Director, Vice Chair and Secretary
$1,049,286
$0 $788,781 $260,505
Carrie Ann Tsutsui
Assistant Treasurer
$357,098
$0 $278,287 $78,811
Deborah Boyd
Board of Director, Vice President (Part Year)
$337,597
$0 $303,402 $34,195
Gregg Timmons
Board of Director, President
$212,633
$0 $184,878 $27,755
Jessica Lewis
Assistant Secretary
$208,889
$0 $168,040 $40,849
Karen MacIorowski
Vice President
$149,291
$0 $116,423 $32,868
Guy Okano
Former Officer
$111,732
$0 $90,128 $21,604

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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