Overview
What is Porac Retiree Medical Trust?
The Porac Retiree Medical Trust is a nonprofit organization headquartered in Mukilteo, Washington. Its primary mission is to reimburse eligible retirees for a portion or the entirety of their insurance premiums and medical expenses. This support is extended to approximately 6,316 participants. The Trust's activities are centered around providing financial assistance, ensuring retirees maintain adequate healthcare coverage.
Official website here: www.poracrmt.org
Is Porac Retiree Medical Trust legitimate?
Porac Retiree Medical Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Porac Retiree Medical Trust 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.poracrmt.org
What is the mission statement of Porac Retiree Medical Trust?
The Porac Retiree Medical Trust is designed to reimburse eligible retirees for a portion or the entirety of their insurance premiums or medical expenses. The primary objective of the trust is to offer financial assistance to retirees and their beneficiaries, alleviating the financial burden of healthcare costs. Approximately 6,316 retirees benefit from the trust's reimbursement program.
Official website here: www.poracrmt.org
Who is the CEO of Porac Retiree Medical Trust?
What is the revenue of Porac Retiree Medical Trust?
Porac Retiree Medical Trust's revenue in 2022 was $17,521,616.
Official website here: www.poracrmt.org
Who are the executives of Porac Retiree Medical Trust and what are their salaries?
- Terry A Moore (Chair) [Trustee/Director]
- Brian Dutton (Trustee)
- Steven Saucedo (Trustee)
- Tim Davis (Trustee)
- Dennis Hashin (Trustee)
Official website here: www.poracrmt.org
Where can I find the form 990 for Porac Retiree Medical Trust?
The Porac Retiree Medical Trust’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.poracrmt.org
Learn more at the official website: www.poracrmt.org
Mission Statement of Porac Retiree Medical Trust
Porac Retiree Medical Trust, a prominent nonprofit organization, is dedicated to reimbursing eligible retirees for a significant portion or the whole of their insurance premiums and medical expenses. The primary purpose of this trust is to offer financial assistance to retirees and their beneficiaries in managing their healthcare costs.
Through its mission, Porac Retiree Medical Trust aims to make a substantial impact on the lives of approximately 6,316 retirees. By providing reimbursement for insurance premiums and medical expenses, this organization plays a crucial role in ensuring retirees have access to necessary healthcare services without undue financial burden. With this assistance, retirees can focus on their well-being and enjoy their retirement years with peace of mind.
In summary, Porac Retiree Medical Trust is a charitable organization that takes pride in easing the financial strain of retirees by reimbursing them for their insurance premiums and medical expenses. This support enables retirees to maintain their health and live their post-career lives with greater ease and confidence.
Impact
This information is meant to be a general summary of Porac Retiree Medical Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Porac Retiree Medical Trust impacts the lives of approximately 6,316 participants by providing reimbursement for insurance premiums and medical expenses in retirement. This support helps retirees and their beneficiaries manage their healthcare costs and ensures they have access to necessary medical services. By easing the financial burden of healthcare expenses, the trust plays a crucial role in enhancing the overall well-being and quality of life for retirees.
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.
Employee Contributions
Revenue
$4,882,904
Employer Contributions
Revenue
$7,580,966
Organization Details
Founding Year
2008
Phone
(888) 258-1912
Principal Officer
Terry Moore
Main Address
PO Box 6, Mukilteo, WA, 98275
Website
www.poracrmt.org
NTEE Category
Code: Y43 - Mutual benefit
If you are a representative of Porac Retiree Medical Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.