Trust For The Post Employment Health Plan For Collectively Bargained Public Employees

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

EIN: 363766045 ✦ Columbus, OH ✦ Designated as a 501(c)(9)

Overview

What is Trust For The Post Employment Health Plan For Collectively Bargained Public Employees?

The Trust for the Post Employment Health Plan for Collectively Bargained Public Employees is a nonprofit organization dedicated to addressing post-employment medical expenses for public sector employees of state and local governments, and their political subdivisions. They accumulate employer contributions to reimburse health insurance premiums and other eligible medical expenses for participants who separate from their respective employers. With the mission to provide a means for public employers to manage post-employment medical costs, the Trust reimburses eligible medical expenses for terminated employees. In the year 2022, the Trust spent $17.67 million on medical insurance premiums for the eligible participants and had administrative expenses of approximately $1.28 million.


Is Trust For The Post Employment Health Plan For Collectively Bargained Public Employees legitimate?

Trust For The Post Employment Health Plan For Collectively Bargained Public Employees is a legitimate nonprofit organization registered as a 501(c)(9) entity. Trust For The Post Employment Health Plan For Collectively Bargained Public Employees 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 Trust For The Post Employment Health Plan For Collectively Bargained Public Employees?
Who is the CEO of Trust For The Post Employment Health Plan For Collectively Bargained Public Employees?
What is the revenue of Trust For The Post Employment Health Plan For Collectively Bargained Public Employees?
Who are the executives of Trust For The Post Employment Health Plan For Collectively Bargained Public Employees and what are their salaries?
Where can I find the form 990 for Trust For The Post Employment Health Plan For Collectively Bargained Public Employees?

Mission Statement of Trust For The Post Employment Health Plan For Collectively Bargained Public Employees

The Trust for the Post Employment Health Plan for Collectively Bargained Public Employees is a mission-driven organization dedicated to addressing the post-employment medical expenses for public sector employees of state and local governments and their political subdivisions. In simpler terms, the Trust functions as a means for these employers to provide for their employees' healthcare needs after they have left their services. The Trust accumulates employer contributions, which are subsequently used for the reimbursement of health insurance and other eligible medical expenses for participants who have terminated their employment. By doing so, the Trust ensures that public employees have continued access to essential healthcare services even after they retire or leave their jobs. This vital support not only maintains the wellbeing of these individuals but also fosters peace of mind and financial security for them and their families.

Impact

This information is meant to be a general summary of Trust For The Post Employment Health Plan For Collectively Bargained Public Employees. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Trust For The Post Employment Health Plan For Collectively Bargained Public Employees plays a significant role in providing a means for public sector employees of state and/or local governments, as well as their political subdivisions, to address post-employment medical expenses. By accumulating employer contributions for the reimbursement of health insurance and other eligible medical expenses for participants who have separated from service from their respective employers, the Trust supports the well-being and financial security of these individuals. In 2022, the Trust paid $16,387,751 in medical insurance premiums on behalf of eligible participants, demonstrating its commitment to ensuring access to necessary healthcare services. Additionally, the Trust's administrative expenses for the year were $1,284,227, indicating a focused effort on efficiently managing the Plan's operations to best serve its participants. Overall, the Trust's impact lies in easing the burden of post-employment medical expenses for collectively bargained public employees, contributing to their overall welfare and peace of mind.





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: $0
  • Program Service Revenue: $27,709,605
  • Gross Receipts: $27,709,605

    • Assets and Liabilities:
  • Total Assets: $277,732,612
  • Total Liabilities: $0
  • Net Assets: $277,732,612
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $27,709,605

    Organization Details

    Founding Year

    1991

    Principal Officer

    Paula Miller

    Main Address

    10 W Nationwide Blvd Suite 5-1-105X, Columbus, OH, 432152220

    NTEE Category

    Code: Y40 - Mutual benefit

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