Board Of Education Of Montgomery County Employee Benefit Trust Fund

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

EIN: 526033249 ✦ Rockville, MD ✦ Designated as a 501(c)(9)

Overview

What is Board Of Education Of Montgomery County Employee Benefit Trust Fund?

The Board of Education of Montgomery County Employee Benefit Trust Fund is a nonprofit organization based in Rockville, Maryland, located at 45 W Gude Drive. With a significant employee base of 32,402 individuals, this trust fund offers healthcare coverage to eligible current employees, retirees, and their dependents. The comprehensive benefits package includes medical, dental, vision, prescription drug, and life insurance plans. The primary mission of this organization is to ensure affordable and accessible healthcare for its members, thus promoting overall well-being and peace of mind.


Official website here: www.montgomeryschoolsmd.org

Is Board Of Education Of Montgomery County Employee Benefit Trust Fund legitimate?

Board Of Education Of Montgomery County Employee Benefit Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Board Of Education Of Montgomery County Employee Benefit Trust 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


Official website here: www.montgomeryschoolsmd.org

What is the mission statement of Board Of Education Of Montgomery County Employee Benefit Trust Fund?

The Montgomery County Board of Education Employee Benefits Plan (EBP) is committed to extending health benefits coverage to its eligible workforce, retirees, and their dependents. The comprehensive benefits package includes essential services such as medical, dental, vision, and prescription drug coverage, as well as life insurance. The primary objective of the EBP is to ensure the well-being of its members by providing them with access to vital healthcare services. Additionally, the EBP strives to support its members both during their active employment and beyond, ensuring continuity of coverage throughout their lives. By offering these benefits, the EBP aims to promote the overall health and well-being of its members and their families, enhancing their quality of life.


Official website here: www.montgomeryschoolsmd.org

Who is the CEO of Board Of Education Of Montgomery County Employee Benefit Trust Fund?

Daniel Kelley is the Trust of Board Of Education Of Montgomery County Employee Benefit Trust Fund.


Official website here: www.montgomeryschoolsmd.org

What is the revenue of Board Of Education Of Montgomery County Employee Benefit Trust Fund?

Board Of Education Of Montgomery County Employee Benefit Trust Fund's revenue in 2023 was $565,037,337.


Official website here: www.montgomeryschoolsmd.org

Who are the executives of Board Of Education Of Montgomery County Employee Benefit Trust Fund and what are their salaries?

There are 32,402 employees at Board Of Education Of Montgomery County Employee Benefit Trust Fund.

Here are 2 key members and their salaries:

    Wilmington Trust (Trust)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Montgomery County Board Of Educatn (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.montgomeryschoolsmd.org

    Where can I find the form 990 for Board Of Education Of Montgomery County Employee Benefit Trust Fund?

    The Board Of Education Of Montgomery County Employee Benefit Trust Fund’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.montgomeryschoolsmd.org

    Learn more at the official website: www.montgomeryschoolsmd.org

    Mission Statement of Board Of Education Of Montgomery County Employee Benefit Trust Fund

    The Board of Education of Montgomery County Employee Benefit Trust Fund, often referred to as EBP, is a mission-driven organization devoted to providing healthcare coverage to eligible current employees, retirees, and their dependents of the Montgomery County Board of Education. The comprehensive benefits package offered by EBP includes essential components such as medical, dental, vision, prescription drug, and life insurance coverage.

    EBP's primary goal is to extend the reach of these crucial healthcare benefits to a diverse group of individuals. By doing so, the organization not only ensures that its beneficiaries can access quality healthcare services, but also helps them maintain their overall wellbeing. With healthcare coverage being an essential aspect of a secure and balanced life, EBP plays a vital role in enhancing the lives of those it serves.

    In essence, the Board of Education of Montgomery County Employee Benefit Trust Fund acts as a safety net for its members. By offering reliable and inclusive healthcare benefits, the organization demonstrates its commitment to promoting health and vitality among its constituents. In a world where healthcare costs can often be a significant burden, EBP serves as a valuable resource, providing peace of mind and financial relief to those who rely on its services.

    Impact

    This information is meant to be a general summary of Board Of Education Of Montgomery County Employee Benefit Trust Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Board Of Education Of Montgomery County Employee Benefit Trust Fund has a significant impact on the well-being of its eligible active employees, retirees, and their dependents by providing essential healthcare coverage. Through its health benefits plan, which includes medical, dental, vision, prescription drug, and life insurance benefits, the Trust Fund plays a crucial role in ensuring that individuals have access to necessary healthcare services. By supporting the healthcare needs of its beneficiaries, the Trust Fund contributes to their overall health and financial security, thereby positively impacting the lives of those affiliated with the Montgomery County Board of Education.





    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 2023.

  • Investment Income: $1,800,646
  • Program Service Revenue: $563,236,691
  • Gross Receipts: $565,037,337

    • Assets and Liabilities:
  • Total Assets: $54,331,548
  • Total Liabilities: $54,935,636
  • Net Assets: -$604,088
  • Programs

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

    Healthcare Coverage

    Revenue

    $563,236,691

    Organization Details

    Founding Year

    1958

    Principal Officer

    Daniel Kelley

    Main Address

    45 W Gude Drive, Rockville, MD, 20850

    NTEE Category

    Code: Y40 - Mutual benefit

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