Overview
What is Tufts University Employee Benefit Trust?
Tufts University Employee Benefit Trust is a nonprofit organization located at 169 Holland Street Suite 318, Somerville, Massachusetts 02144. Its primary mission is to offer health insurance benefits to approximately 680 retired employees, ensuring their well-being post-retirement. The trust fulfills this mission by providing comprehensive health care benefits, ensuring that retired employees have access to necessary medical services.
Official website here: www.tufts.edu
Is Tufts University Employee Benefit Trust legitimate?
Tufts University Employee Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Tufts University Employee Benefit 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
For more financial information, click here
Official website here: www.tufts.edu
What is the mission statement of Tufts University Employee Benefit Trust?
The Tufts University Employee Benefit Trust is committed to providing health insurance benefits for retired employees. This mission is carried out by offering health care coverage to approximately 680 retired personnel. The trust's primary goal is to ensure the well-being of these retired employees by offering them necessary health insurance benefits. By doing so, the trust aims to contribute to the overall health and wellness of its beneficiaries in their post-employment phase. The trust's activities are focused on delivering health care benefits that cater to the unique needs of retired employees.
Official website here: www.tufts.edu
What is the revenue of Tufts University Employee Benefit Trust?
Tufts University Employee Benefit Trust's revenue in 2023 was $1,131,202.
Official website here: www.tufts.edu
Who are the executives of Tufts University Employee Benefit Trust and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $475,603
- Other: $49,135
- Compensation: $0
- Related: $210,040
- Other: $87,754
- Compensation: $0
- Related: $162,869
- Other: $40,910
Official website here: www.tufts.edu
Where can I find the form 990 for Tufts University Employee Benefit Trust?
Tufts University Employee Benefit Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.tufts.edu
Learn more at the official website: www.tufts.edu
Mission Statement of Tufts University Employee Benefit Trust
Tufts University Employee Benefit Trust is an organization dedicated to providing health insurance benefits for retired employees. Their mission is to ensure that these retired individuals have access to necessary healthcare services, thereby enhancing their overall well-being. The Trust serves approximately 680 retired employees, offering them a comprehensive range of health care benefits. By providing these benefits, Tufts University Employee Benefit Trust contributes to the overall health and happiness of its beneficiaries, allowing them to maintain a good quality of life in their post-employment years.
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Impact
October, 2024
Tufts University Employee Benefit Trust plays a crucial role in supporting the health and well-being of approximately 680 retired employees by providing essential health insurance benefits. This organization focuses on ensuring that retirees have access to necessary healthcare services, contributing significantly to their quality of life. By offering these benefits, the Trust helps alleviate the financial burden of healthcare costs for retirees, enabling them to maintain their health and independence in their post-employment years. Its operation in Somerville, MA highlights its commitment to serving the local community, embodying a mutual benefit approach that positively impacts both retirees and their families.
This information is meant to be a general summary of Tufts University Employee Benefit 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: $545,073
- Program Service Revenue: $398,948
- Gross Receipts: $2,004,049
Assets and Liabilities:
- Total Assets: $14,093,662
- Total Liabilities: $844,380
- Net Assets: $13,249,282
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPANT CONTRIBUTIONS
Revenue
$398,948
Organization Details
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