MEDICAL PROFESSIONAL LIABILITY ASSOCIATION

EIN: 222205875

ROCKVILLE, MD

Total Revenue
$5,828,440
Total Expenses
$5,170,529
Total Assets
$5,067,253
Net Assets
$2,489,895
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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
NJ
Principal Officer
ERIC ANDERSON
Phone
3019479000
Tax Period
2024-01-01 to 2024-12-31

MEDICAL PROFESSIONAL LIABILITY ASSOCIATION, founded in 1978, is a community nonprofit that reported $5.8M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $5.2M left a modest 11% surplus.

Mission

TO EDUCATE, CONNECT, PROMOTE, AND PROTECT THE GLOBAL MEDICAL PROFESSIONAL LIABILITY INSURANCE COMMUNITY. THE ASSOCIATION OFFERS RESOURCES FOR PROFESSIONAL EDUCATION AND TRAINING, NETWORKING, COMPILATION AND DISSEMINATION OF DATA, AND RISK MITIGATION STRATEGIES ALL DESIGNED TO ASSIST COMPANIES IN BROADENING THEIR UNDERSTANDING OF MEDICAL INDEMNITY AND INSURANCE ISSUES. THE ASSOCIATION ALSO ADVOCATES ON BEHALF OF MPL INSURERS AND WORKS TO ASSIST IN SUPPORTING THE HEALTHCARE PROFESSIONALS, HOSPITALS, AND FACILITIES THAT THESE ORGANIZATIONS INSURE.

Program Service Accomplishments

Program 1

MEETINGS AND EVENTS: THE MPL ASSOCIATION'S WORKSHOPS AND MEETINGS ARE DESIGNED SPECIFICALLY FOR PROFESSIONALS IN THE MEDICAL PROFESSIONAL LIABILITY FIELD AND FEATURE LEADING INDUSTRY EXPERTS. THESE...

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MEETINGS AND EVENTS: THE MPL ASSOCIATION'S WORKSHOPS AND MEETINGS ARE DESIGNED SPECIFICALLY FOR PROFESSIONALS IN THE MEDICAL PROFESSIONAL LIABILITY FIELD AND FEATURE LEADING INDUSTRY EXPERTS. THESE EVENTS EXPLORE A WIDE RANGE OF TOPICS TO HELP ASSOCIATION MEMBERS AND OTHERS WITH AN INTEREST IN THE INDUSTRY TO STAY ON TOP OF CRITICAL DEVELOPMENTS AND DISCOVER NEW AND BETTER WAYS OF DOING BUSINESS.

Program 2

MARKETING AND COMMUNICATIONS: THE MPL ASSOCIATION IS THE RECOGNIZED FORUM AND VOICE OF MEDICAL PROFESSIONAL LIABILITY INSURERS. IT PRODUCES PUBLICATIONS FOR MEMBERS, PARTNERS, AND INDUSTRY...

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MARKETING AND COMMUNICATIONS: THE MPL ASSOCIATION IS THE RECOGNIZED FORUM AND VOICE OF MEDICAL PROFESSIONAL LIABILITY INSURERS. IT PRODUCES PUBLICATIONS FOR MEMBERS, PARTNERS, AND INDUSTRY STAKEHOLDERS: MPL NEWSBRIEFS, A WEEKLY E-NEWSLETTER AGGREGATING INSURANCE, HEALTHCARE, AND LEGAL NEWS IMPORTANT TO THE INDUSTRY; AND INSIDE MEDICAL LIABILITY ONLINE, BIWEEKLY DIGITAL NEWS THAT SERVES AS THE LEADING INDUSTRY-WIDE AUTHORITATIVE SOURCE OF INFORMATION ON MPL INSURANCE ISSUES, PUBLIC POLICY, PATIENT SAFETY, TECHNOLOGY, RESEARCH, AND TRENDS.

Program 3

PUBLIC POLICY: THE MPL ASSOCIATION ENGAGES WITH LEGISLATORS AT BOTH THE STATE AND FEDERAL LEVELS ON ISSUES OF IMPORTANCE TO THE MEDICAL PROFESSIONAL LIABILITY COMMUNITY, INCLUDING MEDICAL LIABILITY...

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PUBLIC POLICY: THE MPL ASSOCIATION ENGAGES WITH LEGISLATORS AT BOTH THE STATE AND FEDERAL LEVELS ON ISSUES OF IMPORTANCE TO THE MEDICAL PROFESSIONAL LIABILITY COMMUNITY, INCLUDING MEDICAL LIABILITY REFORM, CYBERSECURITY/DATA PRIVACY AND INSURANCE OVERSIGHT. THE ASSOCIATION ALSO ENGAGES WITH STATE AND FEDERAL REGULATORS ON A NUMBER OF ISSUES, RANGING FROM REPORTING REQUIREMENTS TO ADMINISTRATIVE COMPLIANCE TO PRIVACY MANDATES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $5,630,462
Investment Income $195,478
Other Revenue $2,500
TOTAL REVENUE $5,828,440

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,373,046
Fundraising Expenses $0
Other Expenses $1,797,483
TOTAL EXPENSES $5,170,529

Year-over-Year Comparison

2024 2023 Change
Revenue $5,828,440 $5,326,378 +0.1%
Expenses $5,170,529 $5,340,306 0.0%
Net Income $657,911 $-13,928 -48.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
19
Volunteers
13

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$904,626
Total Directors
12
$0
Key Employees
2
$563,234
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTINE M TOMKINS BOARD CHAIR 10.00
Officer Director
$0 $0 $0
JOSEPH G MURPHY BOARD TREASURER 1.00
Officer Director
$0 $0 $0
EDWARD L RAND JR BOARD SECRETARY 1.00
Officer Director
$0 $0 $0
JOHN MIZE BOARD MEMBER 1.00
Director
$0 $0 $0
J MICHAEL CONERLY BOARD MEMBER 1.00
Director
$0 $0 $0
MICHELE J JOHNS BOARD MEMBER 1.00
Director
$0 $0 $0
MARK E REYNOLDS BOARD MEMBER 1.00
Director
$0 $0 $0
GERALD V ZARLENGO BOARD MEMBER 1.00
Director
$0 $0 $0
AGUSTIN L MONTALVO BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREW FJ FIRTH BOARD MEMBER 1.00
Director
$0 $0 $0
LISA A CALDER BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES SWIFT BOARD MEMBER 1.00
Director
$0 $0 $0
ERIC ANDERSON INTERIM PRESIDENT & CEO 35.00
Officer
$357,229 $60,431 $417,660
JILL K KNERR CHIEF ADMINISTRATIVE OFFICER 35.00
Officer
$243,202 $42,489 $285,691
BRIAN ATCHINSON PRESIDENT & CEO 35.00
Officer
$158,400 $42,875 $201,275
MICHAEL C STINSON VP GOVT RELATIONS & PUBLIC POLICY 35.00
Key Emp
$230,633 $57,528 $288,161
WILLIAM E BURNS VP, RESEARCH & EDUCATION 35.00
Key Emp
$246,300 $28,773 $275,073
CASSIE KNAPP VP, MARKETING & COMMS 35.00
Highest
$163,447 $46,278 $209,725
VIRGINIA MCGUINNESS SD, MEMBERSHIP AND BUSINESS DEV 35.00
Highest
$157,869 $33,943 $191,812
WEN LU CHAO DIRECTOR, IT & DATABASE SYSTEMS 35.00
Highest
$123,050 $43,000 $166,050
HANK WANG CONTROLLER 35.00
Highest
$110,655 $33,689 $144,344
CYNTHIA CLEMENZA EXEC ADMIN AND OFFICE MANAGER 35.00
Highest
$104,763 $24,295 $129,058
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $5,828,440 $5,170,529 $5,067,253 $657,911
2023 $5,326,378 $5,340,306 $4,665,438 $-13,928
2022 $4,825,876 $5,320,177 $4,422,947 $-494,301
2021 $4,616,937 $4,492,166 $4,011,687 $124,771
2020 $4,211,243 $4,274,706 $3,359,702 $-63,463
2019 $4,949,947 $4,803,749 $3,440,422 $146,198
2018 $4,797,041 $4,796,333 $3,725,379 $708
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