Wisconsin Evangelical Lutheran Synod Group Medical Plan

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

EIN: 391562756 ✦ Milwaukee, WI ✦ Designated as a 501(c)(9)

Overview

What is Wisconsin Evangelical Lutheran Synod Group Medical Plan?

The Wisconsin Evangelical Lutheran Synod Group Medical Plan is a trust organized to provide medical benefits for eligible employees. Based in Milwaukee, Wisconsin, the trust holds funds to distribute these benefits. This nonprofit entity is dedicated to ensuring that qualified individuals receive essential medical coverage. By managing these funds, the trust aims to improve the health and wellbeing of its members.


Is Wisconsin Evangelical Lutheran Synod Group Medical Plan legitimate?

Wisconsin Evangelical Lutheran Synod Group Medical Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Wisconsin Evangelical Lutheran Synod Group Medical 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Wisconsin Evangelical Lutheran Synod Group Medical Plan?
What is the revenue of Wisconsin Evangelical Lutheran Synod Group Medical Plan?
Who are the executives of Wisconsin Evangelical Lutheran Synod Group Medical Plan and what are their salaries?
Where can I find the form 990 for Wisconsin Evangelical Lutheran Synod Group Medical Plan?

Mission Statement of Wisconsin Evangelical Lutheran Synod Group Medical Plan

The Wisconsin Evangelical Lutheran Synod Group Medical Plan is a trust that offers medical benefits to eligible employees. This organization serves as a vital source of healthcare support for its qualified members, providing them with essential medical coverage. The mission of the Wisconsin Evangelical Lutheran Synod Group Medical Plan is centered around the distribution of medical benefits to those who meet the necessary criteria.

In more detail, the Wisconsin Evangelical Lutheran Synod Group Medical Plan functions as a trust that holds the funds necessary to deliver medical benefits to its employees. The organization's primary focus is on ensuring that these individuals receive access to crucial healthcare services. Through the funds managed within the trust, the Wisconsin Evangelical Lutheran Synod Group Medical Plan is able to extend medical coverage to its eligible members. By doing so, it plays a significant role in enhancing their overall wellbeing and quality of life.

It is important to note that the Wisconsin Evangelical Lutheran Synod Group Medical Plan does not operate as a traditional healthcare provider. Instead, it acts as a trust that manages the financial resources needed to provide medical coverage to its qualified employees. By offering medical benefits through funds held within the trust, the organization contributes to the financial and health security of its members.

Impact

This information is meant to be a general summary of Wisconsin Evangelical Lutheran Synod Group Medical Plan. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Wisconsin Evangelical Lutheran Synod Group Medical Plan's impact is substantial in providing medical benefits to qualified employees through funds held in the trust. This assistance allows employees to access essential healthcare services, promoting their well-being and providing financial security in case of medical needs. Through this group plan, employees can receive necessary medical care without facing significant financial burdens, thus enhancing their overall quality of life and job satisfaction.





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 2021.

  • Investment Income: $1,883,665
  • Program Service Revenue: $55,761,767
  • Gross Receipts: $142,419,182

    • Assets and Liabilities:
  • Total Assets: $38,868,902
  • Total Liabilities: $0
  • Net Assets: $38,868,902
  • Programs

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

    Company Contribution

    Revenue

    $53,030,000

    Premiums collected

    Revenue

    $70,803

    Rebate credit Medco Health

    Revenue

    $2,660,964

    Organization Details

    Founding Year

    1991

    Main Address

    TMI Trust Co 115 S 84th St, Milwaukee, WI, 532141474

    NTEE Category

    Code: Z99 - Unknown

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