Retiree Med & Life Ins Plan For Former Consumers & Amer Water Employees

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

EIN: 010520871 ✦ Providence, RI ✦ Designated as a 501(c)(9)

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Overview

What is Retiree Med & Life Ins Plan For Former Consumers & Amer Water Employees?

The Retiree Med & Life Ins Plan for Former Consumers & Amer Water Employees is a nonprofit organization located in Providence, Rhode Island. Its primary mission is to manage and provide premiums for medical care and prescription drug benefits for retired individuals who were previously employed by Consumers or Amer Water. The plan aims to ensure these retirees have access to essential healthcare services, thereby improving their quality of life during their retirement years.

Is Retiree Med & Life Ins Plan For Former Consumers & Amer Water Employees legitimate?

Retiree Med & Life Ins Plan For Former Consumers & Amer Water Employees is a legitimate nonprofit organization registered as a 501(c)(9) entity. Retiree Med & Life Ins Plan For Former Consumers & Amer Water Employees 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:

Executive Compensation: $408
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Retiree Med & Life Ins Plan For Former Consumers & Amer Water Employees?

The Retiree Med & Life Ins Plan for Former Consumers & Amer Water Employees is committed to covering the premiums for managed healthcare and prescription drug benefits for its retiree members. This plan serves to ensure that retirees have access to necessary medical care and medication services. By managing these premiums, the plan provides financial support for retirees, enabling them to maintain their health and wellbeing in their post-employment years.

Who is the CEO of Retiree Med & Life Ins Plan For Former Consumers & Amer Water Employees?

Stephen Eagland is the Institutional Trustee of Retiree Med & Life Ins Plan For Former Consumers & Amer Water Employees. The CEO's salary of Retiree Med & Life Ins Plan For Former Consumers & Amer Water Employees is $0 and their total compensation is $0.

What is the revenue of Retiree Med & Life Ins Plan For Former Consumers & Amer Water Employees?

Retiree Med & Life Ins Plan For Former Consumers & Amer Water Employees's revenue in 2022 was $286,871.

Who are the executives of Retiree Med & Life Ins Plan For Former Consumers & Amer Water Employees and what are their salaries?


Here are 7 key members and their salaries (Retiree Med & Life Ins Plan For Former Consumers & Amer Water Employees's CEO's salary is $0 and their total compensation is $0):


Bny Mellon (Institutional Trustee)
  • Compensation: $408
  • Related: $0
  • Other: $0
Christopher Luning (Exec. Vp, Counsel, Secreta)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert A Rubin (Controller)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Franklin (Chairman And Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Fox (Exec. Vp, Coo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Schuller (Exec. Vp, Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Kelly (Sr. Vp., Chief Hr Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Retiree Med & Life Ins Plan For Former Consumers & Amer Water Employees?

Retiree Med & Life Ins Plan For Former Consumers & Amer Water Employees's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Retiree Med & Life Ins Plan For Former Consumers & Amer Water Employees

The Retiree Med & Life Ins Plan for Former Consumers & Amer Water Employees is a mission-driven organization that focuses on providing financial support for the payment of managed care and prescription drug benefits for its retiree members. In essence, this nonprofit organization ensures that its retiree beneficiaries have access to essential healthcare services by covering the premiums for these benefits. By doing so, it seeks to enhance the overall well-being and quality of life for its retiree members, enabling them to maintain their health and live comfortably during their post-employment years. The Retiree Med & Life Ins Plan for Former Consumers & Amer Water Employees plays a vital role in securing the healthcare needs of its retiree population, providing them with peace of mind and assurance during their retirement years.

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Impact




October, 2024

The Retiree Med & Life Ins Plan for Former Consumers & Amer Water Employees plays a crucial role in supporting the health and well-being of retirees by providing essential financial assistance for managed care and prescription drug benefits. This plan serves as a safety net, helping retirees manage their healthcare costs, which can often be overwhelming in later stages of life.

By covering benefit premiums, the plan ensures that former employees have access to necessary medical services and medications, promoting overall health and quality of life. This support is particularly vital as retirees may face increased healthcare needs, and the costs associated with these services can be a significant burden. The plan's focus on managed care and prescription benefits enables retirees to maintain their health without facing financial hardship, ultimately contributing to healthier aging and reducing the risk of adverse health outcomes.

In essence, the impact of this plan extends beyond financial assistance; it fosters a sense of security and peace of mind for retirees, allowing them to focus on their well-being during retirement years.




This information is meant to be a general summary of Retiree Med & Life Ins Plan For Former Consumers & Amer Water Employees. 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.

Revenue
$286,871 (2022)
Expenses
$508,835 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $286,615
  • Program Service Revenue: $256
  • Gross Receipts: $411,231

Assets and Liabilities:

  • Total Assets: $6,959,340
  • Total Liabilities: $245,280
  • Net Assets: $6,714,060

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$256

Organization Details

Founding Year

1997

Principal Officer

Stephen Eagland

Main Address

PO BOX 1802, PROVIDENCE, RI, 02901

NTEE Category

Code: Y40 - Mutual benefit

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