Revolutionary Medical Trust

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

EIN: 847090724 ✦ Glendale, CA ✦ Designated as a 501(c)(9)

Overview

What is Revolutionary Medical Trust?

The Revolutionary Medical Trust is a charitable trust, established in January 2020, by its trustees. It functions as a multi-employer benefit plan, based in Glendale, California, specifically located at 1000 North Central Avenue 400. The trust's primary mission is to offer health and welfare benefits to participants, with the employers contributing on their behalf in accordance with their collective bargaining agreements. The trust's purpose is to ensure that eligible individuals receive essential benefits to enhance their overall wellbeing.


Is Revolutionary Medical Trust legitimate?

Revolutionary Medical Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Revolutionary 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


What is the mission statement of Revolutionary Medical Trust?
Who is the CEO of Revolutionary Medical Trust?
What is the revenue of Revolutionary Medical Trust?
Who are the executives of Revolutionary Medical Trust and what are their salaries?
Where can I find the form 990 for Revolutionary Medical Trust?

Mission Statement of Revolutionary Medical Trust

Revolutionary Medical Trust, a trust established on January 3, 2020, is committed to delivering health and welfare benefits to participants. This organization, formed by trustees, functions as a multi-employer benefit plan, providing essential benefits to individuals for whom employers make contributions, consistent with their collective bargaining agreements. The trust's primary objective is to enhance the well-being of its participants by offering a comprehensive range of health and welfare benefits. Employers contribute to the plan according to their agreements, allowing the trust to fulfill its mission effectively.

Impact

This information is meant to be a general summary of Revolutionary Medical Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Revolutionary Medical Trust has made a significant impact by providing health and welfare benefits to participants whose employers contribute to the plan as per their collective bargaining agreements. This has helped in ensuring that individuals have access to essential healthcare services and support, contributing to their overall well-being. Through its multi-employer benefit plan, Revolutionary Medical Trust plays a crucial role in supporting the health needs of participants and fulfilling its mission of facilitating mutual benefit.





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: $0
  • Program Service Revenue: $38,784,597
  • Gross Receipts: $38,784,597

    • Assets and Liabilities:
  • Total Assets: $723,534
  • Total Liabilities: $315,267
  • Net Assets: $408,267
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $38,566,530

    INCOME FROM HRA FORFEITURE

    Revenue

    $191,660

    COBRA CONTRIBUTIONS

    Revenue

    $26,407

    Organization Details

    Founding Year

    2020

    Principal Officer

    Eric Tate

    Main Address

    1000 NORTH CENTRAL AVENUE 400, GLENDALE, CA, 91202

    NTEE Category

    Code: Y40 - Mutual benefit

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