Overview
What is Yale University Retiree Health Benefits Coverage Trust?
The Yale University Retiree Health Benefits Coverage Trust is a nonprofit organization that supports Yale University's objectives and philosophies. Based in New Haven, Connecticut, the trust is funded by the university and manages assets for the purpose of covering retired employees' health benefits. This includes expenses for hospitalization, physician services, prescription coverage, major medical costs beyond Medicare, and Medicare Part B premiums. The trust's resources promote the wellbeing of Yale's retired workforce.
Is Yale University Retiree Health Benefits Coverage Trust legitimate?
Yale University Retiree Health Benefits Coverage Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yale University Retiree Health Benefits Coverage Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Yale University Retiree Health Benefits Coverage Trust?
The Yale University Retiree Health Benefits Coverage Trust is dedicated to upholding the objectives and values of Yale University. By managing and investing assets donated by the university, the trust works towards promoting the interests of Yale University. The primary focus of the trust is to provide financial support for the health benefits of retired employees, which includes coverage for hospitalization, physician services, prescription medication, and Medicare premiums in excess of the basic Medicare plan. The trust's mission aligns with Yale University's commitment to ensuring the wellbeing of its community.
What is the revenue of Yale University Retiree Health Benefits Coverage Trust?
Yale University Retiree Health Benefits Coverage Trust's revenue in 2022 was $110,596,145.
Who are the executives of Yale University Retiree Health Benefits Coverage Trust and what are their salaries?
- Yale University (Trustee)
Where can I find the form 990 for Yale University Retiree Health Benefits Coverage Trust?
The Yale University Retiree Health Benefits Coverage Trust’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Yale University Retiree Health Benefits Coverage Trust
The Yale University Retiree Health Benefits Coverage Trust is a charitable entity established to advance the goals and values of Yale University. As a tax-exempt organization under IRC section 501(c)(3), its primary objective is to foster and uphold the interests of Yale University. The Trust manages and invests assets donated by the university, which are then utilized to cover health benefit expenses for retired employees. These benefits encompass various medical services, such as hospitalization, physician care, prescription coverage, and major medical expenses that surpass Medicare coverage. In some instances, the Trust also contributes towards Medicare Part B premiums. The Trust is dedicated to ensuring the well-being of retired Yale University employees by providing comprehensive health coverage.
Impact
This information is meant to be a general summary of Yale University Retiree Health Benefits Coverage Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Yale University Retiree Health Benefits Coverage Trust plays a crucial role in supporting the well-being of retired employees from Yale University by providing them with essential health benefits coverage. This trust ensures that retirees have access to hospitalization, physician services, prescription coverage, major medical expenses beyond Medicare, and potentially assistance with Medicare Part B premiums. By managing and investing assets donated by the university, the trust helps to safeguard the health and financial security of retired Yale employees, aligning with the institution's commitment to supporting its workforce even after they have transitioned into retirement.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Participant Contribution
Revenue
$8,251,479
Employer Contribution
Revenue
$73,281,000
Organization Details
Founding Year
1994
Phone
(203) 432-5530
Main Address
C/O Yale University PO Box 208239, New Haven, CT, 065208239
NTEE Category
Code: Y40 - Mutual benefit
If you are a representative of Yale University Retiree Health Benefits Coverage Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.