Geisinger Insurance Corporation Risk Retention Group

Geisinger Insurance Corporation Risk Retention Group shows consistent revenue growth and asset accumulation with no reported officer compensation.

EIN: 141909894 · Danville, PA · NTEE: Y200 · Updated: 2026-03-28

$2.1MRevenue

$4.7MAssets

75/100Mission Score (Good)

Y200

About Geisinger Insurance Corporation Risk Retention Group

Geisinger Insurance Corporation Risk Retention Group (EIN: 141909894) is a nonprofit organization based in Danville, PA, classified under NTEE code Y200. The organization reported total revenue of $2.1M and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Geisinger Insurance Corporation Risk Retention Group's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Geisinger Insurance Corporation Risk Retention Group, classified under NTEE code Y200 (Insurance Providers), demonstrates consistent financial activity with revenues generally exceeding expenses over the past several years. For the period ending 202312, the organization reported revenues of $1,963,126 against expenses of $1,684,727, indicating a surplus. Its asset base has shown significant growth, increasing from $2,189,036 in 201506 to $5,054,824 in 202312, suggesting a healthy accumulation of resources. However, liabilities have also seen a substantial rise, from $393,665 in 201506 to $2,445,549 in 202312, which warrants closer examination to understand the nature of these obligations.

The organization's financial health appears stable, with a consistent ability to generate revenue and manage expenses. The absence of reported officer compensation across all available filings is a notable aspect, suggesting that executive leadership may be compensated through a related entity or that the organization operates with a volunteer or uncompensated leadership structure. This practice, while potentially reducing administrative overhead, can sometimes obscure the full cost of governance if compensation is borne by a parent organization.

Given its classification as a risk retention group, its primary 'program' activity is likely the provision of insurance services to its members. Without detailed functional expense breakdowns, it's challenging to precisely assess spending efficiency in terms of program versus administrative costs. However, the consistent surpluses and asset growth indicate operational stability. The lack of reported officer compensation contributes positively to transparency regarding direct executive costs within this specific entity, though the broader financial relationship with its parent organization (Geisinger) would provide a more complete picture of its overall financial transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Geisinger Insurance Corporation Risk Retention Group with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 85%
fundraising: 0%

According to IRS 990 filings, Geisinger Insurance Corporation Risk Retention Group allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

No officer compensation has been reported in any of the available IRS 990 filings, which is unusual for an organization of this size and revenue, suggesting executives may be compensated by a parent entity or serve in an uncompensated capacity.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Geisinger Insurance Corporation Risk Retention Group's IRS 990 filings:

Significant increase in liabilities without detailed explanation in available data.
No reported officer compensation, which could obscure the true cost of leadership if compensated by a related entity.

Strengths

The following positive indicators were identified for Geisinger Insurance Corporation Risk Retention Group:

Consistent revenue generation exceeding expenses, indicating financial stability.
Substantial growth in assets from $2,189,036 in 201506 to $5,054,824 in 202312.
Absence of direct officer compensation reported on the 990s, potentially reducing direct administrative overhead for this specific entity.

Frequently Asked Questions about Geisinger Insurance Corporation Risk Retention Group

What is the nature of the significant increase in liabilities from $393,665 in 201506 to $2,445,549 in 202312?

The filings do not provide specific details on the nature of these liabilities, but given it's a risk retention group, they could relate to insurance reserves or intercompany payables.

How are executive leaders compensated if no officer compensation is reported on the 990s?

It is likely that executive compensation is handled by a parent organization, such as Geisinger, and not directly reported on this specific entity's 990.

What specific 'program' activities does a Risk Retention Group engage in?

As a Risk Retention Group, its primary program activity is providing liability insurance coverage to its members, which are typically healthcare providers within the Geisinger system.

Filing History

IRS 990 filing history for Geisinger Insurance Corporation Risk Retention Group showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2023), Geisinger Insurance Corporation Risk Retention Group's revenue has grown by 119.6%, moving from $894K to $2.0M. Total assets increased by 238.8% over the same period, from $1.5M to $5.1M. Total functional expenses rose by 73.3%, from $972K to $1.7M. In its most recent filing year (2023), Geisinger Insurance Corporation Risk Retention Group reported a surplus of $278K, with revenue exceeding expenses. The organization holds $2.4M in liabilities against $5.1M in assets (debt-to-asset ratio: 48.4%), resulting in net assets of $2.6M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.0M	$1.7M	$5.1M	$2.4M	—	View 990
2022	$1.9M	$1.6M	$3.5M	$1.2M	—	View 990
2021	$1.7M	$1.5M	$3.1M	$1.1M	—	View 990
2020	$775K	$778K	$2.6M	$744K	—	View 990
2020	$1.4M	$1.4M	$2.2M	$274K	—	View 990
2019	$1.3M	$1.2M	$2.2M	$280K	—	View 990
2018	$1.3M	$1.2M	$2.1M	$274K	—	View 990
2017	$1.2M	$1.1M	$2.4M	$616K	—	View 990
2016	$1.2M	$1.2M	$2.3M	$496K	—	View 990
2015	$1.2M	$1.1M	$2.2M	$394K	—	View 990
2014	$1.1M	$1.0M	$1.8M	$140K	—	View 990
2013	$1.1M	$987K	$1.8M	$190K	—	View 990
2012	$991K	$921K	$3.4M	$1.9M	—	View 990
2011	$894K	$972K	$1.5M	$45K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.0M, expenses of $1.7M, and assets of $5.1M (revenue +2.1% year-over-year).
2022: Revenue of $1.9M, expenses of $1.6M, and assets of $3.5M (revenue +15.9% year-over-year).
2021: Revenue of $1.7M, expenses of $1.5M, and assets of $3.1M (revenue +113.9% year-over-year).
2020: Revenue of $775K, expenses of $778K, and assets of $2.6M (revenue -42.7% year-over-year).
2020: Revenue of $1.4M, expenses of $1.4M, and assets of $2.2M (revenue +2.0% year-over-year).
2019: Revenue of $1.3M, expenses of $1.2M, and assets of $2.2M (revenue +3.8% year-over-year).
2018: Revenue of $1.3M, expenses of $1.2M, and assets of $2.1M (revenue +3.4% year-over-year).
2017: Revenue of $1.2M, expenses of $1.1M, and assets of $2.4M (revenue +2.4% year-over-year).
2016: Revenue of $1.2M, expenses of $1.2M, and assets of $2.3M (revenue +1.2% year-over-year).
2015: Revenue of $1.2M, expenses of $1.1M, and assets of $2.2M (revenue +7.6% year-over-year).
2014: Revenue of $1.1M, expenses of $1.0M, and assets of $1.8M (revenue +5.1% year-over-year).
2013: Revenue of $1.1M, expenses of $987K, and assets of $1.8M (revenue +6.3% year-over-year).
2012: Revenue of $991K, expenses of $921K, and assets of $3.4M (revenue +10.9% year-over-year).
2011: Revenue of $894K, expenses of $972K, and assets of $1.5M.

Data Sources and Methodology

This transparency report for Geisinger Insurance Corporation Risk Retention Group is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.