EIN 86-3299008

Homewood Insurance Company

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2021
Most recent tax filings
2024-06-01
Description
Homewood Insurance Company's mission is to deliver care that changes people's lives. It was formed in June 2021 as a captive insurance company owned by Centerstone of America, Inc. The company will use the captive primarily as a formalized funding mechanism to facilitate a gradual increase in self-insurance.
Related structure
Homewood Insurance Company is a subordinate organization under Centerstone of Tennessee.
Total revenues
$2,758,811
2024
Total expenses
$386,459
2024
Total assets
$10,017,474
2024
Num. employees
0
2024

Program areas at Homewood Insurance Company

Homewood Insurance Company, Inc. was formed in june 2021 as a captive Insurance Company solely owned by centerstone of america, Inc. centerstone will utilize the captive primarily as a formalized funding mechanism to facilitate a gradual increase in self-insured retention thereby reducing the Company's reliance on commercial coverage to the higher, non-working loss exposure layers. The captive will be utilized to fund the Company's self-insured exposures for its medical professional, general and automobile liability programs.

Financials for Homewood Insurance Company

RevenuesFYE 06/2024
Total grants, contributions, etc.$0
Program services$2,561,838
Investment income and dividends$196,973
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,758,811
Data update history
February 20, 2025
Posted financials
Added Form 990 for fiscal year 2024
February 5, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 8, 2023
Updated personnel
Identified 5 new personnel
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 27, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Mutual assistance organizationsInsurance companiesChapter / child organizationsCharities
Issues
No issues found
Characteristics
Tax deductible donationsNo full-time employeesAccepts online donations
General information
Address
26 Century Blvd Suite 101
Nashville, TN 37214
Metro area
Nashville-Davidson--Murfreesboro--Franklin, TN
County
Davidson County, TN
Website URL
centerstone.org/ 
Phone
(205) 297-2230
IRS details
EIN
86-3299008
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Y20: Insurance Providers, Services
NAICS code, primary
52411: Direct Life, Health, and Medical Insurance Carriers
Parent/child status
Subordinate organization
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