PARADIGM INDEMNITY CORPORATION
3600 NW SAMARITAN DR, CORVALLIS, OR 97330

Total Revenue
$11,299,391
Total Expenses
$6,219,868
Net Assets
$30,909,596

Organizations Filed Purposes: PARADIGM INDEMNITY CORPORATION (PIC) IS A PURE NON-PROFIT CAPTIVE INSURANCE COMPANY FORMED BY 501(C)(3) PARENT ORGANIZATION SAMARITAN HEALTH SERVICES (SHS). PIC DIRECTLY INSURES FOR PROFESSIONAL AND GENERAL LIABILITY COVERAGE FOR SHS-RELATED AFFILIATES. PARADIGM INDEMNITY CORPORATION (PIC) IS A MEMBER OF THE SHS SYSTEM, A REGIONAL NETWORK OF HOSPITALS, PHYSICIANS AND SENIOR CARE FACILITIES. THE NETWORK, FORMED IN THE LATE 1990'S, SERVES APPROXIMATELY 290,000 RESIDENTS IN LINN, BENTON, LINCOLN AND PORTIONS OF POLK AND MARION COUNTIES IN OREGON. IT IS LOCALLY OWNED, AND ITS BOARDS OF DIRECTORS INCLUDE HOSPITAL LEADERS, PHYSICIANS AND COMMUNITY REPRESENTATIVES. THE MISSION OF SHS IS "BUILDING HEALTHIER COMMUNITIES TOGETHER." THE VISION OF THE SHS SYSTEM IS TO SERVE OUR COMMUNITIES WITH PRIDE (PASSION, RESPECT, INTEGRITY, DEDICATION, AND EXCELLENCE). SHS SEEKS TO BE THE FIRST CHOICE OF CONSUMERS IN THE REGION AND TO LEAD COLLABORATIVE EFFORTS AMONG THOSE WHO SHARE SIMILAR GOALS.

DIRECTLY INSURES FOR PROFESSIONAL AND GENERAL LIABILITY COVERAGE FOR SHS.

AS A PURE NON-PROFIT CAPTIVE INSURANCE COMPANY, PARADIGM INDEMNITY CORPORATION (PIC) DIRECTLY INSURES HOSPITALS AND PHYSICIANS PROFESSIONAL LIABILITY AND GENERAL LIABILITY COVERAGE. THIS COVERAGE INCLUDES FIVE ACUTE CARE FACILITIES, THREE IN THE WILLAMETTE VALLEY AND TWO ON THE OREGON COAST. INCLUDED IN THIS INSURANCE IS COVERAGE FOR THE FOLLOWING EMPLOYED OR CONTRACTED PRACTITIONERS: 500 PHYSICIANS, 86 PHYSICIAN ASSISTANTS, 50 NURSE PRACTITIONERS, 8 CRNA'S, 9 NURSE MIDWIVES, AND 23 OTHER HEALTH PROFESSIONALS. THESE EXPENSES ARE INCURRED TO SUPPORT THE PROGRAM.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Daniel SmithTREASURER / SVP CFO SHS1$0
Larry MullinsBRD MBR / CEO SAM SOLUTIONS INST1$0
Randy SpringerBOARD MEMBER1$0
Reverend William MccarthyBOARD MEMBER1$0
James DenhamBOARD MEMBER1$0
Kevin Ewanchyna MdBOARD MEMBER / VP-CMO SHPO1$0
David TriebesBRD VICE PRES & SECRETARY1$0
Douglas BoysenBOARD PRESIDENT / CEO SHS1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202033189349312673_public.xml