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Paradigm Indemnity Corporation

Public charity
DBA: % SHS ACCOUNTING
Other · CORVALLIS, OR · EIN 73-1668317

About

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 and physicians. 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. SHS provides healthcare services regardless of race, color, creed, SEX, national origin, disability or AGE. The mission of SHS is "building healthier communities together." the collective vision of the SHS system is to serve our communities with pride (passion, respect, integrity, dedication, and excellence).

In care of SHS Accounting

Donations are tax-deductible
Category
Other
Employees
0
Volunteers
3

Financial Snapshot

FY ending 2022-12-31
Revenue
$14.8M
Expenses
$4.1M
Assets
$66.7M
Liabilities
$21.1M

Financial history

$14.8M$7.4M$0
16171819202122
RevenueExpenses
Latest FY2022: $14.8M · Avg: $10.5M
PARADIGM INDEMNITY CORPORATION
Your actions

Address

PO BOX 3000
Corvallis, OR, 97339-300

Governance

Voting board members7
Independent members3
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.