Overview
What is Maine Automobile Dealers Association Inc Insurance Trust?
Maine Automobile Dealers Association Inc Insurance Trust is a nonprofit organization based in Augusta, Maine. Its primary function is to manage group health and life insurance programs designed to benefit the members of Maine Automobile Dealers Association. The Trust provides essential benefits, including health, dental, life, vision, and disability coverage, for the employees of these members. The Trust's mission is to ensure that eligible employees have access to comprehensive insurance plans, enhancing their overall well-being and financial security.
Is Maine Automobile Dealers Association Inc Insurance Trust legitimate?
Maine Automobile Dealers Association Inc Insurance Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Maine Automobile Dealers Association Inc Insurance 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 tax deductible.
Heare are some key statistics you may want to consider:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Maine Automobile Dealers Association Inc Insurance Trust?
The Maine Automobile Dealers Association Inc Insurance Trust is dedicated to extending health, dental, life, vision, and disability benefits to the employees of its membership. By administering group health and life insurance programs, this organization ensures that the employees of Maine automobile dealers have access to essential coverage. The mission of the Insurance Trust is to enhance the wellbeing and security of its members' staff members by providing comprehensive benefits packages. Through these offerings, the organization aims to foster a sense of financial and health security among the employees, ultimately contributing to a more harmonious and productive work environment.
Who is the CEO of Maine Automobile Dealers Association Inc Insurance Trust?
Kirk Carroll is the Trustee of Maine Automobile Dealers Association Inc Insurance Trust.
What is the revenue of Maine Automobile Dealers Association Inc Insurance Trust?
Maine Automobile Dealers Association Inc Insurance Trust's revenue in 2022 was $30,304,853.
Who are the executives of Maine Automobile Dealers Association Inc Insurance Trust and what are their salaries?
There 6 volunteers at Maine Automobile Dealers Association Inc Insurance Trust.
Here are 7 key members and their salaries:
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- Related: $191,260
- Other: $9,849
Where can I find the form 990 for Maine Automobile Dealers Association Inc Insurance Trust?
Maine Automobile Dealers Association Inc Insurance Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Maine Automobile Dealers Association Inc Insurance Trust
Maine Automobile Dealers Association Inc Insurance Trust is a dedicated organization that focuses on extending health, dental, life, vision, and disability benefits to the employees of its member companies. By administering group health and life insurance programs, this trust aims to enhance the wellbeing and security of the workforce within the Maine Automobile Dealers Association community.
In essence, Maine Automobile Dealers Association Inc Insurance Trust functions as a vital partner to its member organizations, offering a comprehensive suite of benefits designed to promote the health and financial stability of their employees. The trust's mission is to provide these essential benefits and ensure that they are accessible to the employees who rely on them for their overall well-being. By doing so, it enables the member companies to attract and retain top talent while demonstrating a commitment to their workforce.
The Maine Automobile Dealers Association Inc Insurance Trust is an essential pillar of support for its member companies, administering programs that provide peace of mind and security to their employees. With its focus on health, dental, life, vision, and disability benefits, the trust plays a crucial role in enhancing the overall quality of life for those who work within the Maine automobile dealership industry. By providing these benefits, the trust not only supports the wellbeing of individual employees but also contributes to the long-term success and sustainability of the member companies.
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Impact
August, 2024
The Maine Automobile Dealers Association Inc Insurance Trust plays a crucial role in providing essential health, dental, life, vision, and disability benefits to its members' employees. By administering group insurance programs, this organization ensures that employees within the automobile dealership industry have access to vital healthcare coverage and financial protection. Its impact is significant in safeguarding the well-being and security of workers in this sector, contributing to their overall satisfaction and productivity.
This information is meant to be a general summary of Maine Automobile Dealers Association Inc Insurance Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
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.
- Investment Income: $478,180
- Program Service Revenue: $29,826,673
- Gross Receipts: $32,307,871
Assets and Liabilities:
- Total Assets: $10,559,254
- Total Liabilities: $2,148,880
- Net Assets: $8,410,374
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INS PREMIUMS COLLECTED
Revenue
$29,804,818
LTD ADMIN FEE
Revenue
$21,855
Organization Details
Founding Year
1950
Phone
(207) 623-3882Principal Officer
Kirk Carroll
Main Address
PO BOX 2667, AUGUSTA, ME, 043382667
NTEE Category
Code: E81Z - Health
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