Overview
What is Massachusetts Employersseiu Local 888 Trust Fund?
The Massachusetts Employersseiu Local 888 Trust Fund is a nonprofit organization based in Braintree, Massachusetts. Its primary objective is to offer dental and vision benefits to its participants and their eligible beneficiaries. At present, the fund has 465 employee/retiree participants. Additionally, the fund provides medical, prescription, disability coverage, and life insurance for participants, with their employers contributing to these benefits. The trust fund is dedicated to ensuring the well-being of its participants by providing comprehensive healthcare benefits.
Is Massachusetts Employersseiu Local 888 Trust Fund legitimate?
Massachusetts Employersseiu Local 888 Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Massachusetts Employersseiu Local 888 Trust Fund 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 Massachusetts Employersseiu Local 888 Trust Fund?
The Massachusetts Employersseiu Local 888 Trust Fund's mission is centered around providing various health and insurance benefits to its participants and their beneficiaries. Employers who contribute to the plan are eligible for dental and vision benefits, medical coverage, prescription services, disability protection, and life insurance. The fund aims to support its participants during their employment and beyond, ensuring they have access to necessary healthcare resources. As of the current year-end, the fund serves 465 employee and retiree participants.
Who is the CEO of Massachusetts Employersseiu Local 888 Trust Fund?
Thomas Thibeault is the Trustee of Massachusetts Employersseiu Local 888 Trust Fund.
What is the revenue of Massachusetts Employersseiu Local 888 Trust Fund?
Massachusetts Employersseiu Local 888 Trust Fund's revenue in 2022 was $3,075,641.
Who are the executives of Massachusetts Employersseiu Local 888 Trust Fund and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Massachusetts Employersseiu Local 888 Trust Fund?
Massachusetts Employersseiu Local 888 Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Massachusetts Employersseiu Local 888 Trust Fund
Massachusetts EmployersSEIU Local 888 Trust Fund is an organization dedicated to providing various health and insurance benefits to its participants and their beneficiaries. The primary mission of this trust fund is to ensure the payment of dental and vision benefits to eligible individuals. Additionally, it offers medical coverage, prescription drug plans, disability insurance, and life insurance to participants whose employers contribute to these benefits. The trust fund serves a total of 465 employee/retiree participants at the current year-end.
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Impact
October, 2024
The Massachusetts Employersseiu Local 888 Trust Fund plays a crucial role in providing essential benefits to employees and retirees, enhancing their overall well-being and security. By facilitating the payment of dental and vision benefits, the Fund ensures that participants and their eligible beneficiaries have access to necessary healthcare services that promote good health and economic stability.
Additionally, the Fund extends its support by offering medical and prescription coverage, disability benefits, and life insurance, which collectively contribute to a comprehensive safety net for participants. With 465 employee and retiree participants at the end of the current year, the impact of these benefits is significant, providing peace of mind and financial assistance during critical moments in participants’ lives.
Employers who contribute to the plan are investing in their employees' health and well-being, fostering a healthier workforce and enhancing job satisfaction. The Trust Fund's mission to deliver these vital benefits not only supports individual participants but also strengthens community health and resilience in Braintree, Massachusetts, and beyond.
This information is meant to be a general summary of Massachusetts Employersseiu Local 888 Trust Fund. 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: $60,138
- Program Service Revenue: $3,015,503
- Gross Receipts: $4,454,775
Assets and Liabilities:
- Total Assets: $4,083,684
- Total Liabilities: $121,854
- Net Assets: $3,961,830
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$2,899,039
EMPLOYEE/COBRA CONTRIBUTIONS
Revenue
$116,464
Organization Details
Founding Year
1986
Phone
(617) 241-3367Principal Officer
Thomas Thibeault
Main Address
25 BRAINTREE HILL OFFICE PK 306, BRAINTREE, MA, 02184
NTEE Category
Code: Y40 - Mutual benefit
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