Overview
What is The Mitre Corporation Employee Benefits Trust?
The Mitre Corporation Employee Benefits Trust is a nonprofit organization situated in Mclean, Virginia. Its primary function is to take care of medical and life insurance benefits for retired employees of The Mitre Corporation. This includes covering post-retirement medical expenses. The trust serves as a safety net for retired employees, ensuring they maintain a certain level of financial security in their later years.
Is The Mitre Corporation Employee Benefits Trust legitimate?
The Mitre Corporation Employee Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. The Mitre Corporation Employee Benefits 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 The Mitre Corporation Employee Benefits Trust?
The Mitre Corporation Employee Benefits Trust is dedicated to providing medical and life insurance benefits for the retired employees of The Mitre Corporation. Its primary mission is to ensure the financial security of these individuals by covering their healthcare needs post-retirement. The trust also manages programs aimed at covering the medical costs of its beneficiaries. The organization operates with the goal of offering peace of mind and financial support to its retired employees, enabling them to maintain a comfortable lifestyle in their post-career years.
Who is the CEO of The Mitre Corporation Employee Benefits Trust?
Wilson Y Wang is the Trustee of The Mitre Corporation Employee Benefits Trust.
What is the revenue of The Mitre Corporation Employee Benefits Trust?
The Mitre Corporation Employee Benefits Trust's revenue in 2022 was $5,026,161.
Who are the executives of The Mitre Corporation Employee Benefits Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $52,653
- Related: $0
- Other: $0
Where can I find the form 990 for The Mitre Corporation Employee Benefits Trust?
The Mitre Corporation Employee Benefits Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Mitre Corporation Employee Benefits Trust
The Mitre Corporation Employee Benefits Trust serves a crucial role in providing medical and life insurance benefits to retired employees of The Mitre Corporation. Established with this mission, the trust ensures that these former employees maintain a level of financial security and healthcare coverage in their post-retirement years. The trust's primary objective is to manage and distribute these benefits, ensuring that the medical costs of retired employees are covered. By providing such benefits, the trust demonstrates a commitment to the well-being of its beneficiaries even after their employment with The Mitre Corporation has ended.
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Impact
October, 2024
The Mitre Corporation Employee Benefits Trust plays a crucial role in supporting the well-being of retired employees by providing essential medical and life insurance benefits. This trust ensures that retirees have access to crucial healthcare services and financial support during their post-retirement years, alleviating concerns about medical costs and providing peace of mind. By covering post-retirement medical expenses, it allows former employees to maintain their health and quality of life without the burden of unexpected financial strains. Located in McLean, VA, the trust is dedicated to fulfilling its mission of serving the needs of its members, thereby fostering a sense of security and community among retired employees of The Mitre Corporation.
This information is meant to be a general summary of The Mitre Corporation Employee Benefits 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: $2,592,099
- Program Service Revenue: $2,434,062
- Gross Receipts: $5,026,161
Assets and Liabilities:
- Total Assets: $59,641,560
- Total Liabilities: $0
- Net Assets: $59,641,560
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER & EMPLOYEE CONTRIBUTIONS
Revenue
$2,434,062
Organization Details
Founding Year
1993
Phone
(703) 983-6000Principal Officer
Wilson Y Wang
Main Address
7515 COLSHIRE DRIVE MS N655 - TAX, MCLEAN, VA, 22102
NTEE Category
Code: Y40 - Mutual benefit
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