Overview
What is Missouri Chamber Federation Benefit Plan Trust?
The Missouri Chamber Federation Benefit Plan Trust is a nonprofit organization that offers self-funded health and welfare benefits to participating employers and their eligible employees. To be part of this trust, employers must hold membership in good standing with any chamber of commerce affiliated with the Missouri Chamber Federation. Each employer sponsors their unique benefit plan within the trust. Acting as a Multiple Employer Welfare Arrangement (MEWA), the organization provides self-funded medical and prescription drug benefits to its members.
Is Missouri Chamber Federation Benefit Plan Trust legitimate?
Missouri Chamber Federation Benefit Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Missouri Chamber Federation Benefit Plan 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
What is the mission statement of Missouri Chamber Federation Benefit Plan Trust?
The Missouri Chamber Federation Benefit Plan Trust functions as a multiple employer welfare arrangement, offering self-funded medical and prescription drug benefits to its member organizations. The trust enables participating employers to extend health and welfare benefits to their eligible employees. Members must maintain good standing within a chamber of commerce that is affiliated with the Missouri Chamber Federation. Each employer sponsors their unique benefit plan, allowing for customization to their specific needs.
Who is the CEO of Missouri Chamber Federation Benefit Plan Trust?
Dan Mehan is the Trustee & Chairperson of Missouri Chamber Federation Benefit Plan Trust.
What is the revenue of Missouri Chamber Federation Benefit Plan Trust?
Missouri Chamber Federation Benefit Plan Trust's revenue in 2022 was $189,450,150.
Who are the executives of Missouri Chamber Federation Benefit Plan Trust and what are their salaries?
- Dan Mehan (Trustee & Chairperson)
- Ron Fitzwater (Trustee)
- Frank Burkhead (Trustee)
- Brendan Cossette (Plan Administrator)
Where can I find the form 990 for Missouri Chamber Federation Benefit Plan Trust?
The Missouri Chamber Federation Benefit Plan Trust’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Missouri Chamber Federation Benefit Plan Trust
The Missouri Chamber Federation Benefit Plan Trust is a multiple employer welfare arrangement that offers self-funded medical and prescription drug benefits to its member businesses and their eligible employees. Established with the mission to provide comprehensive health and welfare solutions, the Trust enables participating employers to sponsor their own benefit plans while maintaining membership in good standing with any chamber of commerce that is part of the Missouri Chamber Federation.
In essence, the Trust functions as a cooperative, pooling resources from various businesses to offer competitive and customizable health benefits. By joining forces, these employers can extend affordable coverage options to their workforce, thereby boosting employee morale, productivity, and overall wellbeing. The Trust's self-funded structure empowers participating employers with significant control over their benefit plans, ultimately saving them costs and allowing them to tailor the offerings to their unique business needs.
Impact
This information is meant to be a general summary of Missouri Chamber Federation Benefit Plan Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Missouri Chamber Federation Benefit Plan Trust provides self-funded medical and prescription drug benefits to its members, who are participating employers and their eligible employees. By offering these benefits through a multiple employer welfare arrangement, the Trust helps smaller businesses access affordable healthcare options that they might not be able to provide on their own. This approach not only supports the well-being of employees but also fosters a healthy workforce that can contribute to the overall economic development of Missouri.
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&EMPLOYER CONTRIB.
Revenue
$189,255,740
Organization Details
Founding Year
2017
Phone
(573) 634-3511
Principal Officer
Dan Mehan
Main Address
428 EAST CAPITOL AVENUE 100, JEFFERSON CITY, MO, 65101
NTEE Category
Code: Y40 - Mutual benefit
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