Piedmont Liability Trust

Mutual benefit organization based in Charlottesville, VA. 9 employees. Exempt under §501(c)(3).

MissionTHE ORGANIZATION WAS FORMED TO ACCUMULATE AND HOLD FUNDS FOR USE IN SATISFYING MEDICAL PROFESSIONAL LIABILITY CLAIMS AGAINST THE UNIVERSITY OF VIRGINIA PHYSICIANS' GROUP AND COVERED CLINICIANS OF UNIVERSITY OF VIRGINIA HEALTH.

Financial snapshot · TY 2023

$11.6M
Total revenue
$4.3M
Total expenses
$97.9M
Net assets

Financial health · TY 2023

64
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
67.5 months of expenses
Program efficiency
21
58.3% spent on programs
Revenue diversity
79
Mix of program fees, grants & contributions

Leadership compensation

Richard O White
COO & General Counsel
$325,386
Lance D Frasier
MANAGER OF FINANCE & OPERATIONS
$258,285
Rachel Dg Horvath Jd
Claims & Litigation Counsel
$165,599

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Piedmont Liability Trust Executive Compensation | 990 Data | DoubleNine