Massachusetts Mutual Agents Health Benefit Trust

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

EIN: 222553157 ✦ Springfield, MA ✦ Designated as a 501(c)(9)

Overview

What is Massachusetts Mutual Agents Health Benefit Trust?

Massachusetts Mutual Agents Health Benefit Trust is a charitable trust based in Springfield, Massachusetts. Its primary function is to manage the assets of a health plan designed to offer medical, dental, and vision benefits to MassMutual Life Insurance Company's full-time career agents, general agents, and retired agents. The trust holds the health plan assets and ensures the provision of these essential benefits to the covered agents.


Is Massachusetts Mutual Agents Health Benefit Trust legitimate?

Massachusetts Mutual Agents Health Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Massachusetts Mutual Agents Health Benefit 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 not tax deductible.

Here are some key statistics you may want to consider:

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

For more financial information, click here


What is the mission statement of Massachusetts Mutual Agents Health Benefit Trust?
What is the revenue of Massachusetts Mutual Agents Health Benefit Trust?
Who are the executives of Massachusetts Mutual Agents Health Benefit Trust and what are their salaries?
Where can I find the form 990 for Massachusetts Mutual Agents Health Benefit Trust?

Mission Statement of Massachusetts Mutual Agents Health Benefit Trust

The Massachusetts Mutual Agents Health Benefit Trust, often referred to as the Agent Health Trust, is a vital organization with a mission to manage the health plan assets that offer essential medical, dental, and vision benefits to qualified agents of the MassMutual Life Insurance Company. These agents include those who have entered into a full-time career contract, general agents, and retired agents.

Established to cater to the health needs of the MassMutual Life Insurance Company's agents, the Agent Health Trust ensures these individuals have access to comprehensive health benefits. By offering medical, dental, and vision coverage, the Trust empowers its members to prioritize their wellbeing and maintain optimal health. This commitment extends to both career agents and those who have retired from their positions, demonstrating the Trust's dedication to supporting its members throughout their professional journey.

The Agent Health Trust's mission is critical in providing peace of mind to MassMutual Life Insurance Company agents, enabling them to focus on their roles while the Trust takes care of their health benefits. The organization's unwavering commitment to supporting its members is evident through its provision of comprehensive and inclusive health benefits packages.

Impact

This information is meant to be a general summary of Massachusetts Mutual Agents Health Benefit Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Massachusetts Mutual Agents Health Benefit Trust impacts the lives of agents of MassMutual Life Insurance Company by providing them with essential medical, dental, and vision benefits. This support enables these individuals, including general agents and retired agents, to access crucial healthcare services and maintain their well-being. By offering these benefits, the trust plays a vital role in ensuring the health and security of those who dedicate their careers to the insurance industry.





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: $57,131
  • Program Service Revenue: $86,686,001
  • Gross Receipts: $86,743,132

    • Assets and Liabilities:
  • Total Assets: $9,775,888
  • Total Liabilities: $10,039,000
  • Net Assets: -$263,112
  • Programs

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

    Employer contributions

    Revenue

    $60,740,500

    Employee contributions

    Revenue

    $25,945,501

    Organization Details

    Founding Year

    1984

    Main Address

    1295 State Street MIP F110, Springfield, MA, 011110001

    NTEE Category

    Code: Y40 - Mutual benefit

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