Transit Employees' Health & Welfare Plan

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

EIN: 530218578 ✦ Forestville, MD ✦ Designated as a 501(c)(9)

Overview

What is Transit Employees' Health & Welfare Plan?

The Transit Employees' Health & Welfare Plan, based in Forestville, Maryland, serves as a nonprofit organization that offers various benefits to its members. These advantages encompass health, surgical, and hospital coverage, life insurance, accidental death benefits, sickness and accident disability benefits, and dental benefits. The organization's mission is to ensure its members have access to a comprehensive range of benefits, securing their overall well-being.


Is Transit Employees' Health & Welfare Plan legitimate?

Transit Employees' Health & Welfare Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Transit Employees' Health & Welfare 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: $1,794,693

For more financial information, click here


What is the mission statement of Transit Employees' Health & Welfare Plan?
Who is the CEO of Transit Employees' Health & Welfare Plan?
What is the revenue of Transit Employees' Health & Welfare Plan?
Who are the executives of Transit Employees' Health & Welfare Plan and what are their salaries?
Where can I find the form 990 for Transit Employees' Health & Welfare Plan?

Mission Statement of Transit Employees' Health & Welfare Plan

The Transit Employees' Health & Welfare Plan, commonly referred to as The Plan, is a nonprofit organization dedicated to offering its members a comprehensive range of benefits. Established with a mission to provide for its members more than just hospital and surgical benefits, The Plan extends its reach to include life insurance, accidental death benefits, sickness and accident disability benefits, and dental benefits.

With a commitment to holistic health and wellbeing, The Plan ensures that its members have access to essential healthcare services. These benefits encompass not only hospitalization but also medical and dental insurance, life and disability insurance, and disability benefits. By providing this extensive coverage, The Plan empowers its members to focus on their health and wellbeing, giving them peace of mind and financial security in times of need.

The Transit Employees' Health & Welfare Plan is a vital resource for its members, ensuring they have access to the necessary benefits to maintain their overall health. From hospital visits to dental check-ups, the organization stands by its members, offering support and financial assistance when they need it most. Through its wide-ranging benefits package, The Plan fosters a healthier and more secure workforce, enabling its members to lead better lives.

Impact

This information is meant to be a general summary of Transit Employees' Health & Welfare Plan. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Transit Employees' Health & Welfare Plan positively impacts its members by providing a comprehensive range of benefits, including hospitalization, medical and dental insurance, life and disability insurance, as well as disability benefits. These services play a crucial role in ensuring the well-being and financial security of transit employees and their families. The Plan's offerings help its members access necessary healthcare services and support in times of illness, injury, or disability, ultimately promoting their overall health and quality of life.





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: $1,091,604
  • Program Service Revenue: $174,135,405
  • Gross Receipts: $175,302,294

    • Assets and Liabilities:
  • Total Assets: $88,879,510
  • Total Liabilities: $611,273
  • Net Assets: $88,268,237
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $141,244,125

    EMPLOYEE CONTRIBUTIONS

    Revenue

    $32,622,158

    PARTIC. SHARE OF H&W BENEFITS

    Revenue

    $269,122

    Organization Details

    Founding Year

    1954

    Principal Officer

    Crystal Long

    Main Address

    2701 WHITNEY PLACE 100, FORESTVILLE, MD, 20747

    NTEE Category

    Code: Y20 - Mutual benefit

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