THE SOLE PURPOSE OF THE TRUST IS TO HOLD CONTRIBUTIONS TO BE APPLIED TO PROVIDE THE HEALTH AND WELFARE BENEFIT OPTIONS UNDER THE PLAN. THE PLAN WAS ADOPTED BY THE MEDICAL ASSOCIATION OF THE STATE OF ALABAMA ACTING AS A BONA FIDE ASSOCIATION OF EMPLOYERS, FOR THE BENEFIT OF ITS EMPLOYER-MEMBERS WHO MAY OFFER THE FULLY-INSURED BENEFIT OPTIONS UNDER THE PLAN TO THEIR EMPLOYEES.
Reported officers (all unpaid)
No paid executives reported in 2024. PHYSICIAN INSURANCE PLAN OF ALABAMA reported 4 unpaid officers and board members on its 990.
Revenue and expenses over time
PHYSICIAN INSURANCE PLAN OF ALABAMA reported revenue and expenses across 2 filing years.
What Mutual & Membership Benefit executives earn
PHYSICIAN INSURANCE PLAN OF ALABAMA reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable mutual & membership benefit organization nationwide earns a median of $26,876.
These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 1,359 organizations across 1,359 filings (2021 – 2024).
See full Mutual & Membership Benefit compensation data →Common questions about PHYSICIAN INSURANCE PLAN OF ALABAMA
What are PHYSICIAN INSURANCE PLAN OF ALABAMA's revenue and expenses?
In 2024, PHYSICIAN INSURANCE PLAN OF ALABAMA reported $17M in total revenue and $16.8M in total expenses on its IRS Form 990.
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