Overview
What is Minneapolis Automobile Dealers Benefit Fund?
The Minneapolis Automobile Dealers Benefit Fund is a nonprofit organization dedicated to offering health benefits to eligible participants and their dependents. Based in Minneapolis, Minnesota, this fund provides essential medical, prescription drug, dental, disability, life insurance, and accidental death and dismemberment coverage. Extending beyond the current workforce, it also offers healthcare benefits to eligible retired individuals residing in Bloomington, Minnesota. The organization's primary mission is to enhance the overall well-being of its members by ensuring access to comprehensive health services.
Is Minneapolis Automobile Dealers Benefit Fund legitimate?
Minneapolis Automobile Dealers Benefit Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Minneapolis Automobile Dealers Benefit Fund 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 Minneapolis Automobile Dealers Benefit Fund?
The Minneapolis Automobile Dealers Benefit Fund is designed to offer health benefits to eligible participants and their dependents. This includes medical coverage, prescription drugs, dental services, disability insurance, life insurance, and accidental death and dismemberment benefits. The fund extends its reach to eligible retired individuals as well, providing them with certain health care benefits. The primary goal of this benefit fund is to ensure the well-being and health security of its members.
Who is the CEO of Minneapolis Automobile Dealers Benefit Fund?
Paul Mccullen is the Trustee of Minneapolis Automobile Dealers Benefit Fund.
What is the revenue of Minneapolis Automobile Dealers Benefit Fund?
Minneapolis Automobile Dealers Benefit Fund's revenue in 2022 was $13,451,701.
Who are the executives of Minneapolis Automobile Dealers Benefit Fund and what are their salaries?
- Paul Mccullen (Trustee)
- Kurt Benson (Trustee)
- Danielle Wylie (Trustee)
- Thomas Tweet (Trustee - Alternate)
- Pat Sutter (Trustee)
- Mark Morcomb (Trustee)
- Scott Lambert (Trustee - Alternate)
- Michael Roeder (Trustee)
Where can I find the form 990 for Minneapolis Automobile Dealers Benefit Fund?
The Minneapolis Automobile Dealers Benefit Fund’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Minneapolis Automobile Dealers Benefit Fund
The Minneapolis Automobile Dealers Benefit Fund is a charitable organization dedicated to extending health benefits to eligible participants and their dependents. This nonprofit plan offers a range of coverage, including medical, prescription drugs, dental, disability, life insurance, and accidental death and dismemberment benefits. The organization goes beyond just providing health care services; it also caters to the needs of retired individuals, offering them select health care benefits in specified locations.
By investing in the well-being of its beneficiaries, the Minneapolis Automobile Dealers Benefit Fund plays a crucial role in safeguarding their health and financial security. The medical and dental coverage ensures that participants have access to essential health services, while disability and life insurance benefits provide a safety net for unforeseen circumstances. Accidental death and dismemberment coverage adds an extra layer of protection, offering financial assistance in the event of a traumatic injury.
The commitment of the Minneapolis Automobile Dealers Benefit Fund towards improving people's lives extends beyond their working years. By offering health care benefits to eligible retirees, the organization demonstrates its dedication to supporting its beneficiaries throughout various stages of life. Through its comprehensive range of benefits, the Minneapolis Automobile Dealers Benefit Fund positively impacts the lives of countless individuals, ensuring they have access to the resources they need to maintain their overall well-being.
Impact
This information is meant to be a general summary of Minneapolis Automobile Dealers Benefit Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Minneapolis Automobile Dealers Benefit Fund has a significant impact on providing essential health benefits to eligible participants and their dependents in Bloomington, MN. They offer a range of crucial services including medical, prescription drug, dental, disability, life insurance, and accidental death and dismemberment benefits. Additionally, the fund extends certain healthcare benefits to eligible retired individuals in the area. Through their efforts, the organization plays a vital role in supporting the well-being and security of their members and the community at large.
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.
EMPLOYER CONTRIBUTIONS
Revenue
$8,106,390
PARTICIPANT CONTRIBUTIONS
Revenue
$3,615,792
PRESCRIPTION DRUG REBATES
Revenue
$960,823
STOP-LOSS REIMBURSEMENTS
Revenue
$624,168
COBRA SUBSIDY REIMBURSEMENT
Revenue
$10,368
Organization Details
Founding Year
1988
Phone
(952) 854-0795
Principal Officer
Paul Mccullen
Main Address
3001 METRO DRIVE 500, BLOOMINGTON, MN, 55425
NTEE Category
Code: Y40 - Mutual benefit
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