Overview
What is Medical Expense Reimbursement Plan Of The Burbank Employees Retiree Medical Trust?
The Medical Expense Reimbursement Plan of the Burbank Employees Retiree Medical Trust is a nonprofit initiative, established through a collaboration between the City of Burbank Employees Coalition and the city of Burbank. Its primary objective is to fund retiree health benefits. The plan, managed by Robert Kaczmarek, is situated in Los Angeles, CA. Though the specific activities or mission details are not explicitly provided, the plan's purpose suggests it offers financial assistance for medical expenses for retirees.
Is Medical Expense Reimbursement Plan Of The Burbank Employees Retiree Medical Trust legitimate?
Medical Expense Reimbursement Plan Of The Burbank Employees Retiree Medical Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Medical Expense Reimbursement Plan Of The Burbank Employees 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Medical Expense Reimbursement Plan Of The Burbank Employees Retiree Medical Trust?
The Medical Expense Reimbursement Plan of the Burbank Employees Retiree Medical Trust was established with the primary objective of funding retiree health benefits. Its mission is centered around providing financial support for healthcare expenses related to retirement. The plan is not known to have a publicized mission statement that outlines broader objectives or goals beyond its primary function. The administration of this plan is overseen by relevant authorities, but specific details regarding its operations or strategies are not provided in the available information.
What is the revenue of Medical Expense Reimbursement Plan Of The Burbank Employees Retiree Medical Trust?
Medical Expense Reimbursement Plan Of The Burbank Employees Retiree Medical Trust's revenue in 2023 was $5,377,062.
Who are the executives of Medical Expense Reimbursement Plan Of The Burbank Employees Retiree Medical Trust and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $157,697
- Other: $21,048
- Compensation: $0
- Related: $137,878
- Other: $16,550
- Compensation: $0
- Related: $81,818
- Other: $45,695
- Compensation: $0
- Related: $87,781
- Other: $33,948
- Compensation: $0
- Related: $87,240
- Other: $18,632
- Compensation: $0
- Related: $77,523
- Other: $23,100
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Medical Expense Reimbursement Plan Of The Burbank Employees Retiree Medical Trust?
Medical Expense Reimbursement Plan Of The Burbank Employees Retiree Medical Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Medical Expense Reimbursement Plan Of The Burbank Employees Retiree Medical Trust
The Medical Expense Reimbursement Plan of the Burbank Employees Retiree Medical Trust, for short, was established with a shared agreement between the City of Burbank Employees Coalition and the city of Burbank. The primary mission of this plan is to provide funding for retiree health benefits. The administration of this plan is overseen by Robert Kaczmarek. Although the specific activities or schedule of the plan is not provided in the information, it can be inferred that the plan's purpose is to support the health needs of retirees from the City of Burbank. The plan is not described in detail, so it is unclear what specific services or benefits it provides. However, the general aim is to provide financial assistance for healthcare expenses for retirees from the City of Burbank.
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Impact
October, 2024
The Medical Expense Reimbursement Plan of the Burbank Employees Retiree Medical Trust significantly impacts the financial security and well-being of retired employees in Burbank by providing structured funding for health benefits. Established through an agreement between the City of Burbank Employees Coalition and the city of Burbank, this plan ensures that retirees have access to necessary medical reimbursements, alleviating some of the financial burdens associated with healthcare costs.
By offering financial support specifically for medical expenses, the plan enhances the quality of life for retirees, allowing them to focus on their health and well-being without the stress of excessive out-of-pocket costs. This proactive approach to funding retiree health benefits reflects a commitment to the welfare of former employees, fostering a sense of community and mutual benefit among city workers.
Additionally, the plan's administration involves experienced individuals, such as Robert Kaczmarek, who oversee its efficient operation, ensuring that the funds are managed properly and that retirees receive the assistance they need. Consequently, the Medical Expense Reimbursement Plan of the Burbank Employees Retiree Medical Trust plays a vital role in promoting the health security of retirees, contributing to their overall happiness and well-being during their retirement years.
This information is meant to be a general summary of Medical Expense Reimbursement Plan Of The Burbank Employees Retiree Medical 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 2023.
- Investment Income: $2,581,960
- Program Service Revenue: $2,819,815
- Gross Receipts: $17,718,659
Assets and Liabilities:
- Total Assets: $44,155,771
- Total Liabilities: $34,653
- Net Assets: $44,121,118
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$1,537,600
PARTICIPANT CONTRIBUTIONS
Revenue
$1,282,215
Organization Details
Founding Year
2003
Principal Officer
Robert Kaczmarek
NTEE Category
Code: Y44 - Mutual benefit
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