Major League Baseball Players Welfare Plan

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 136058836 ✦ Sparks, MD ✦ Designated as a 501(c)(9)

Overview

What is Major League Baseball Players Welfare Plan?

The Major League Baseball Players Welfare Plan is a nonprofit organization dedicated to providing essential benefits to eligible participants and their dependents, in accordance with a Collective Bargaining Agreement (CBA). The organization offers medical and prescription drug coverage, dental, vision, life insurance, and accidental death & dismemberment benefits, enhancing the wellbeing of those involved in Major League Baseball.


Is Major League Baseball Players Welfare Plan legitimate?

Major League Baseball Players Welfare Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Major League Baseball Players Welfare Plan 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $19,015
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Major League Baseball Players Welfare Plan?
Who is the CEO of Major League Baseball Players Welfare Plan?
What is the revenue of Major League Baseball Players Welfare Plan?
Who are the executives of Major League Baseball Players Welfare Plan and what are their salaries?
Where can I find the form 990 for Major League Baseball Players Welfare Plan?

Mission Statement of Major League Baseball Players Welfare Plan

Major League Baseball Players Welfare Plan, a valuable organization, is dedicated to ensuring the wellbeing of eligible participants and their dependents. Through a Collective Bargaining Agreement (CBA), this plan provides essential benefits, including medical and prescription drug coverage, dental care, vision services, life insurance, and accidental death and dismemberment benefits. The primary goal is to enhance the quality of life for those associated with Major League Baseball by offering comprehensive health and financial security solutions. By providing these benefits, the Players Welfare Plan strives to support the long-term health and wellness of the baseball community, enabling them to focus on their passions both on and off the field.

Impact

This information is meant to be a general summary of Major League Baseball Players Welfare Plan. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Major League Baseball Players Welfare Plan has a significant impact on the well-being of eligible participants and their dependents by providing essential benefits such as medical and prescription drug coverage, dental care, vision care, life insurance, and accidental death & dismemberment benefits. These benefits contribute to the overall health and financial security of the individuals covered under the plan, ensuring they have access to necessary healthcare services and protection in case of unforeseen circumstances. By fulfilling its mission to provide these crucial benefits pursuant to a collective bargaining agreement, the plan plays a vital role in supporting the welfare and stability of Major League Baseball players and their families.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,199,449
  • Program Service Revenue: $88,387,003
  • Gross Receipts: $201,020,424

    • Assets and Liabilities:
  • Total Assets: $102,987,499
  • Total Liabilities: $7,700,516
  • Net Assets: $95,286,983
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    CLUB CONTRIBUTIONS

    Revenue

    $55,880,000

    MEMBER EXTENDED HEALTH BENEFIT CONTRIBUTIONS

    Revenue

    $32,507,003

    Organization Details

    Founding Year

    1957

    Principal Officer

    Stephen Rogerspat Houlihan

    Main Address

    911 RIDGEBROOK ROAD, SPARKS, MD, 21152

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Major League Baseball Players Welfare Plan 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.